Private Placement of Common and Flow Through Units
Private Placement of Common and Flow Through Units
Ottawa, Ontario--(Newsfile Corp. - July 22, 2022) - Mayo Lake Minerals Inc. (CSE: MLKM) ("Mayo" or the "Company") is pleased to announce a Private Placement ('Offering') totalling up to $200,000 in gross proceeds to be completed on or about August 18, 2022 ('the Closing Date') consisting of flow through units @ $0.15 per unit and common share units @ $0.12 per unit. The full details of the Offering are set forth in the attached Term sheet ('Schedule A').
渥太华，安大略省-(Newsfile Corp.-2022年7月22日)-Mayo Lake Minerals Inc.(CSE：百万公里) ("蛋黄酱"或者是“公司)欣然宣布将于2022年8月18日左右(‘截止日期’)完成一项总值高达200,000元的私募(‘发售’)，当中包括流转单位@每单位0.15元及普通股单位@每单位0.12元。发售的全部详情载于随附的条款说明书(“附表A”)。
Dr, Vern Rampton, President & CEO of the Company, said, "As announced in our press release of July 15, 2022 we continue to make excellent progress on our exploration at our Carlin-Roop Silver Project in the Keno Hill Silver District and see an opportunity to add to our portfolio through further exploration at our primary Anderson Davidson gold property and highly prospective Trail Minto property which lies in proximity to Banyan Gold's Aur-Mac property in the Tombstone Plutonic Belt."
公司首席执行官兼总裁弗恩·兰普顿博士表示，正如我们在2022年7月15日的新闻稿中宣布的那样，我们在基诺山银区的卡林-鲁普白银项目的勘探继续取得出色的进展，并看到了通过进一步勘探我们的主要安德森·戴维森金矿和极具前景的Trail Minto矿产的机会来增加我们的投资组合，该矿产位于墓碑深水地带Banyan Gold的Aur-Mac地产附近。“
In other corporate news, the Company announced the award of a total of 3,990,000 incentive options exercisable @ $0.15 each to corporate officers, directors, contractors and advisors. The options are valid for 5 years, vest in three equal annual tranches beginning on Aug 1, 2022 and are subject to the approval of all regulatory authorities. The Company had no options outstanding prior to the approval of the current options by the board of directors.
在其他企业新闻方面，该公司宣布向公司高管、董事、承包商和顾问授予总计3990,000份奖励期权，每个期权可行使0.15美元。这些期权的有效期为5年，从2022年8月1日开始分成三个等额的年度部分，并有待所有监管机构的批准。在董事会批准当前购股权之前，本公司并无尚未行使的购股权。
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NOT FOR DISTRIBUTION IN THE UNITED STATES
不在美国发行
For additional information contact:
Vern Rampton, President & CEO; vrampton@mayolakeminerals.com
Tyrell Sutherland, M.Sc., P. Geo., VP Exploration; tsutherland@mayolakeminerals.com
Darrell Munro, BB.A, LL.B Corporate Administrator; dmunro@mayolakeminerals.com
如需更多信息，请联系：
总裁首席执行官弗恩·兰普顿；电子邮件：vrampton@mayolakemineals.com
Tyrell Sutherland，M.Sc.，P.Geo，勘探副总裁；tsutherland@mayolakemineals.com
达雷尔·芒罗，BB.A，LL.B公司管理员；dmunro@mayolakemineals.com
About Mayo Lake Minerals Inc. Mayo is actively engaged in the exploration and development of five precious metal projects in the Tombstone Plutonic Belt of the Tintina Gold Province. The properties cover 232 square kilometres in the Yukon's Mayo Mining District and lie within the traditional territory of the Na-Cho Nyäk Dun First Nation. The Company is presently focusing on its flagship Carlin-Roop silver project lying within the Keno Hill Silver District. The eastern sector of the Silver District has recently been the site of numerous silver discoveries by Metallic Minerals and the Mayo. Two active mines; Victoria Gold's Eagle Gold Mine and Alexco Resources' Keno Silver mines also lie near-by Mayo's properties in the Mayo Mining district.
关于梅奥湖矿业公司梅奥积极参与廷提纳金矿省墓碑深成带五个贵金属项目的勘探开发。这些地产位于育空地区的梅奥矿区，占地232平方公里，位于纳乔尼顿第一民族的传统领地内。该公司目前专注于其位于基诺山银区的旗舰项目Carlin-Roop白银项目。银区的东区最近是金属矿产公司和梅奥公司发现大量银矿的地方。维多利亚黄金的Eagle金矿和Alexo Resources的Keno银矿这两个活跃的矿山也位于Mayo矿区的Mayo矿区附近。
Cautionary statement: This news release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. There can be no guarantee that Mayo Lake will be able to obtain a public listing as scheduled in this document. Mayo Lake undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.
警示性声明：本新闻稿包含一些前瞻性陈述，这些陈述基于管理层在陈述发表之日的意见和估计，受各种风险、不确定因素和其他因素的影响，这些因素可能会导致实际事件或结果与预期的大不相同。不能保证梅奥湖能够如期在本文件中公开上市。如果情况或管理层的估计或意见发生变化，梅奥湖不承担更新前瞻性陈述的义务。告诫读者不要过度依赖前瞻性陈述。.
Schedule 'A'
附表‘A’
TERM SHEET
条款说明书
COMMON SHARE AND FLOW THROUGH SHARE UNITS
普通股和流经股份单位
| Offering | Any combination of Common Share Units and Flow Through Share Units up to $200,000. |
| Closing Date: | On or about August 18, 2022 or such other date determined by the Corporation. |
|
Resale Restrictions: |
The securities issued pursuant to the Offering will be subject to a statutory hold period in Canada of four (4) months and one day after the Closing Date. Purchasers should consult their legal advisors in this regard. Securities held by residents in the United States will bear a legend regarding re-sale into the United States, which will be removed on request to the Corporation. |
| Unit Offering | The Company shall offer Units (the "CS Units") at a price of $0.12 per Unit (the "CS Unit Offering"). Each CS Unit will be comprised of one common share (a "Common Share") and one-half Common Share purchase warrant ("CS Warrant"). Each whole CS Warrant is exercisable into one Common Share at a price of $0.18 per Common Share for a period of 36 months from the closing date. In the event of multiple closings, the day of the final closing will be the Closing Date of record. |
| Flow Through Offering | The Company shall offer Flow-Through Units (the "FT Units") at a price of $0.15 per FT Unit (the "FT Unit Offering"). Each FT Unit will be comprised of one flow-through share in the capital of the Company (a "FT Share") and one-half purchase warrant (a "Warrant"). Each whole Warrant is exercisable into one Common Share at a price of $0.20 for a period of 36 months from the closing date. Each FT Share will be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) (the "Tax Act"). |
| Finders Fees | Finders that source investment in the Offerings may earn a cash commission of up to 7% of the gross proceeds raised by such Finder and warrants ("Finder Warrants") valid for three years entitling the Finder to purchase that number of Common Shares at $0.12 per share equal to 7% of the number of Units sold by such Finder. |
| Use of Proceeds: | The net proceeds received by the Corporation from the sale will be applied as follows:
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| Offering Jurisdictions: | The Common Shares will be offered for sale to purchasers in: (i) all of the provinces and territories of Canada pursuant to available prospectus exemptions; (ii) the United States on a private placement basis only under Regulation D, Rule 144A or other available U.S. registration exemptions and (iii) jurisdictions outside of Canada and the United States, in accordance with all applicable laws provided that no prospectus, registration statement or similar document is required to be filed in such jurisdiction and the Corporation does not thereafter become subject to continuous disclosure obligations in such jurisdictions. |
| 供奉 | 普通股单位和流经股票单位的任何组合，最高可达200,000美元。 |
| 截止日期： | 在2022年8月18日或大约2022年8月18日或由地铁公司决定的其他日期。 |
|
转售 限制： |
根据此次发行发行的证券在加拿大的法定持有期为四(4)个月和截止日期后一天。购买者应就此咨询他们的法律顾问。美国居民持有的证券将带有转售到美国的传奇，如果公司提出要求，将被移除。 |
| 提供单位产品 | 公司应向客户提供单位(以下简称CS单位)，每单位售价0.12元。提供单位产品“)。每个CS单位将由一个公共共享组成(a”普通股“)和一半普通股认购权证(”CS授权书“)。每份整体CS认股权证可按每股普通股0.18美元的价格行使为一股普通股，为期36个月。如有多个交易日，则以最后交易日为记录的收市日。 |
| 流畅地提供 | 公司应提供直通单元(“FT单位“)，价格为每FT单位0.15美元。FT单位产品“)。每个FT单位将由本公司资本中的一股流转股份组成(a”FT份额“)和一半的认购权证(a”搜查令每份完整认股权证可按0.20元的价格行使为一股普通股，为期36个月，由截止日期起计。每份FT股份将作为《金融时报》定义的“流通股”发行《所得税法》(加拿大)(“《税法》"). |
| 发现者费用 | 在此次发行中获得投资的发起人可获得高达其募集资金总额7%的现金佣金和认股权证(“搜索令“)有效期为三年，使发现者有权以每股0.12美元购买该数量的普通股，相当于发现者出售的单位数量的7%。 |
| 收益的使用： | 该公司出售股份所得款项净额将按下列方式运用：
|
| 提供司法管辖区： | 普通股将出售给下列地区的购买者：(I)根据可获得的招股说明书豁免，加拿大所有省和地区；(Ii)仅根据法规D规则第144A条或其他可获得的美国注册豁免，以私募方式在美国进行配售；以及(Iii)根据所有适用法律，在加拿大和美国以外的司法管辖区出售普通股，前提是招股说明书、注册说明书或类似文件不需要在该司法管辖区提交，本公司此后不会在该等司法管辖区承担持续披露义务。 |
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