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Nortec Provides Update on Acquisition of Critical Mineral Zinc Properties in Ontario and TSXV Conditional Approval of Private Placement

Nortec Provides Update on Acquisition of Critical Mineral Zinc Properties in Ontario and TSXV Conditional Approval of Private Placement

Nortec提供收购安大略省关键矿锌矿和TSXV有条件批准私募的最新情况
newsfile ·  2022/07/18 19:10

Vancouver, British Columbia--(Newsfile Corp. - July 18, 2022) -  NORTEC MINERALS CORP. (TSXV: NVT) (the "Company" or "Nortec"). Further to the Company's press release of June 14, 2022, the Company wishes to provide an update on its proposed acquisition of the Sturgeon Lake VMS Property and Mattagami River Zinc Property, both located in Ontario, Canada (the "Transaction"). The Company has filed with the TSX Venture Exchange (the "Exchange") documentation requesting conditional acceptance of the Transaction and is diligently working to address the comments of the Exchange. The Company also announces that the parties to the share purchase agreement (the "Agreement") respecting the Transaction have agreed amended the Agreement to defer the $25,000 cash payment to the sellers to such date which is one year after the closing of the Transaction and waive the requirement to complete a private placement as a condition for closing. All other conditions in the Agreement remain unamended.

温哥华,不列颠哥伦比亚省-(Newsfile Corp.-2022年7月18日)-Nortec Minors Corp.(TSXV:NVT)(“公司”或“Nortec”)。继本公司于2022年6月14日发布的新闻稿后,本公司希望提供有关其拟收购位于加拿大安大略省的鲟鱼湖VMS地产和Mattagami River锌矿的最新情况。交易记录“)。本公司已向多伦多证券交易所创业板(”交易所“)要求有条件接受交易的文件,并正努力处理联交所的意见。本公司亦宣布股份购买协议各方(”协议“)已同意修订协议,将向卖方支付25,000美元现金的日期推迟至交易完成后一年,并免除完成私募作为完成交易的条件的要求。协议中的所有其他条件仍未修订。

The Company also advises that the Exchange has conditionally accepted the proposed non-brokered private placement announced in the Company's June 14, 2022 news release, the closing of which is subject to the Company receiving final approval of the Transaction from the Exchange.

本公司亦告知,联交所已有条件地接受本公司于2022年6月14日发布的新闻稿所公布的非经纪私募建议,交易的完成须待本公司获得联交所的最终批准。

About Nortec Minerals Corp.

关于Nortec Minerals Corp.

Nortec is a mineral exploration company based in Vancouver, British Columbia. Nortec has a 17% interest in the Tammela Gold and Tammela Lithium projects in Southwest Finland. Detailed information on this project is posted on the Company's website .

Nortec是一家总部位于不列颠哥伦比亚省温哥华的矿产勘探公司。Nortec在芬兰西南部的Tammela Gold和Tammela Lithium项目中拥有17%的权益。有关该项目的详细信息已发布在该公司的网站上。

On behalf of the Board of Directors,

我谨代表董事会:

"Michael Malana"
Interim CEO and Director
P: (604) 561-2687

《迈克尔·马拉纳》
临时首席执行官兼董事
P: (604) 561-2687

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

多伦多证券交易所风险交易所及其监管服务提供商(该术语在多伦多证券交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。

This press release contains certain forward-looking statements which involve known and unknown risks, delays and uncertainties not under the Company's control which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or expectations implied by these forward-looking statements. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.

本新闻稿包含某些前瞻性陈述,这些陈述涉及不在公司控制范围内的已知和未知风险、延迟和不确定因素,可能导致公司的实际结果、业绩或成就与这些前瞻性陈述所暗示的结果、业绩或预期大不相同。本新闻稿不构成在美国出售或邀请购买任何证券的要约。

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

不得分发给美国新闻社或在美国境内传播

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

声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
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