Bullet Exploration Inc. Announces Closing of the First Tranche of the Previously Announced Financing and Update on Copper Canyon
Bullet Exploration Inc. Announces Closing of the First Tranche of the Previously Announced Financing and Update on Copper Canyon
Calgary, Alberta--(Newsfile Corp. - May 9, 2022) - Bullet Exploration Inc. (TSXV: AMMO) (the "Company") is pleased to announce that, further to its press release dated April 27, 2022, it has closed the first tranche of the previously announced non-brokered private placement.
阿尔伯塔省卡尔加里-(Newsfile Corp.-2022年5月9日)-Bullet Explore Inc.(TSXV:弹药)(“本公司”)欣然宣布,继其于2022年4月27日发出的新闻稿后,本公司已完成先前公布的第一批非经纪私募。
In connection with the closing of the first tranche, the Company issued 1,900,000 common shares of the Corporation at a price of $0.05 per share for aggregate gross proceeds of up to $95,000.
在第一批交易结束时,该公司以每股0.05美元的价格发行了1,900,000股公司普通股,总收益最高可达95,000美元。
An insider of the Company subscribed for an aggregate 500,000 common shares in this private placement. Such participation is considered to be a "related party transaction" as defined under Multilateral Instrument 61-101 ("MI 61-101"). The Company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as the fair market value of the participation in the private placement by insiders does not exceed 25% of the market capitalization of the Company, as determined in accordance with MI 61-101.
一位公司内部人士认购了本次定向增发共计500,000股普通股。这种参与被视为多边文书61-101(“MI 61-101”)所界定的“关联方交易”。本公司依据MI 61-101第5.5(A)及5.7(1)(A)条所载豁免MI 61-101的估值及小股东批准的规定,因为内部人士参与私募的公平市值不超过本公司市值的25%(根据MI 61-101厘定)。
The Offering remains subject to receipt of all necessary regulatory and other approvals, including the final approval of the TSX Venture Exchange.
此次发行仍有待收到所有必要的监管和其他批准,包括多伦多证券交易所创业板的最终批准。
No finder's fee was paid in connection with this first tranche.
没有支付与第一批相关的发现者费用。
Pursuant to the policies of the TSX Venture Exchange, all securities issued and issuable in connection with the offering are subject to a hold period and may not be traded until September 10, 2022.
根据多伦多证券交易所创业板的政策,所有已发行和可发行的与此次发行相关的证券都有一个持有期,在2022年9月10日之前不得交易。
Copper Canyon
铜峡谷
Under the terms of the various options agreements related to the Copper Canyon Project, the $250,000 work commitment requirement by April 25, 2022 was not met. As a result, since the Company was a sub-optionee, the Company had 10 business days to complete the work required or to pay the Optionors for the shortfall in the work commitment amounting to $156,587.02 to earn 100 percent interest in the Copper Canyon Project. The Company is pleased to announce that today it has paid the Optionors full consideration for the shortfall in the work commitment. The Copper Canyon project is now owned free and clear of all encumbrances and commitments except for a royalty interest maintained by Seven Devils and Multiple Metals.
根据与铜峡谷项目有关的各种期权协议的条款,到2022年4月25日之前25万美元的工作承诺要求没有得到满足。因此,由于本公司是分购股权承购人,本公司有10个工作日的时间完成所需工作或向购股权人支付不足的工作承诺额156,587.02美元,以赚取铜峡谷项目的100%权益。本公司高兴地宣布,今天已向Optionors支付了工作承诺不足的全部对价。铜峡谷项目现在是免费拥有的,没有任何产权负担和承诺,除了由Seven Devils和Multiple Metals维持的特许权使用费权益。
For Further information, please contact:
Jean (Ted) Pomerleau
Chief Executive Officer
T: 403-383-7913
E: info@bulletexploration.com
欲了解更多信息,请联系:
让(特德)波美洛
首席执行官
T: 403-383-7913
电子邮箱:Info@BulletExploration.com
The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
这些证券没有,也不会根据1933年美国证券法,经修订(“《美国证券法》“)或任何州证券法,不得在美国境内或向美国人提供或出售,除非根据美国证券法和适用的州证券法注册或获得此类注册豁免。
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多伦多证券交易所创业板交易所及其监管服务提供商(该术语在多伦多证券交易所创业板政策中定义)均不对本新闻稿的充分性或准确性承担责任。
To view the source version of this press release, please visit
要查看本新闻稿的源版本,请访问