Kalo Gold Announces up to $2,000,000 Non-Brokered Private Placement Share Offering
Kalo Gold Announces up to $2,000,000 Non-Brokered Private Placement Share Offering
NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH UNITED STATES NEWSWIRES
不得在美国境内或通过美国通讯社传播
VANCOUVER, BC / ACCESSWIRE / DECEMBER 14, 2022 / KALO GOLD CORP. (TSXV:KALO) ("Kalo," "Kalo Gold," or the "Company"), focused on its flagship Vatu Aurum Gold Project, Republic of Fiji, is pleased to announce a non-brokered private placement of common shares of the Company (the "Shares") to raise gross proceeds of up to $2,000,000 ("the "Offering"). The Offering will be priced at $0.05 per share.
温哥华,BC/ACCESSWIRE/2022年12月14日/Kalo Gold Corp.(TSXV:Kalo) ("卡洛,“卡洛·戈尔德“或”公司专注于其旗舰项目斐济共和国Vatu Aurum黄金项目的)高兴地宣布,将以非中介方式私募本公司的普通股(股票“)筹集高达2,000,000美元的毛收入(”The“供奉“)。是次发行定价为每股0.05元。
The Company will use the net proceeds of the Offering towards the Phase 3 exploration program at its 100% owned Vatu Aurum Gold Project which will include diamond drill testing follow up of significant high-grade gold targets that have been identified at Qiriyaga and Mouta, geochemical and geophysical work including a BLEG program and CSAMT survey, and for general working capital purposes.
本公司将把发售所得款项净额用于其全资拥有的Vatu Aurum金矿项目的第三阶段勘探计划,该计划将包括钻石钻探测试、对已在齐里亚加和穆塔发现的重要高品位金矿目标的后续行动、包括BLEG计划和CSAMT调查在内的地球化学和地球物理工作,以及用于一般营运资金用途。
Securities issued pursuant to the Offering will be subject to a hold period of four months from the date of closing. The Offering remains subject to the approval of the TSX Venture Exchange. Finders' fees will be payable on completion of the Offering.
根据此次发行发行的证券的持有期为四个月,自交易结束之日起计算。此次发行仍有待多伦多证券交易所创业板的批准。发起人的费用将在发行完成时支付。
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, or the securities laws of any state and may not be offered or sold within the United States or to or for the benefit or account of U.S. persons, absent such registration or an applicable exemption from such registration requirements.
本新闻稿不构成出售任何证券的要约,也不构成购买任何证券的要约邀请。此处描述的证券没有也不会根据1933年修订的《美国证券法》或任何州的证券法进行注册,如果没有此类注册或适用的豁免,不得在美国境内或为美国人的利益或账户进行发售或出售。
About Kalo Gold Corp.
关于卡洛黄金公司
Kalo Gold Corp, a gold exploration company, is focused on exploration for low sulphidation epithermal gold deposits of the Vatu Aurum Gold Project on the island of Vanua Levu (North Island) in the Republic of Fiji. Kalo holds a 100% interest in two Special Prospecting Licenses, covering 367 km2. Historical exploration work includes 11,423 m of diamond drilling, concentrated on the Qiriyaga Hill and Vuinubu Ridge Gold Deposits and the identification of over fourteen priority epithermal gold exploration targets.
Kalo Gold Corp是一家黄金勘探公司,专注于斐济共和国瓦努阿列武岛(北岛)Vatu Aurum金矿项目的低硫化低温热液金矿勘探。Kalo拥有两个特殊勘探许可证的100%权益,覆盖367公里2。历史勘探工作包括11,423米的钻石钻探,集中在奇里亚加山和Vuinubu山脊金矿床,并确定了14个优先的浅成热液金矿勘探目标。
Both Viti Levu, (South Island), and Vanua Levu are on the prolific Pacific "Ring of Fire", a trend that has produced numerous large deposits, including Porgera, Lihir and Grasberg and on Viti Levu, the exceptional Vatukoula Gold Mine. The island of Viti Levu also hosts Namosi, with a published Proven and Probable Reserves of 1.3 billion tonnes at 0.37% Cu and 0.12 g/t Au (5.2M ounces Au and 4.9M tonnes Cu). Lion One Metals is developing its Tuvatu Project, with Indicated Resources of 1.00 million tonnes at 8.48 g/t Au (274,600 ounces Au), and Inferred Resources of 1.33 million tonnes at 9.0 g/t Au (384,000 ounces Au) reported at a 3.0 g/t Au lower cut-off. The Vatukoula Gold Mine has produced in excess of 7 million ounces since 1937.
南岛的Viti Levu和Vanua Levu都位于多产的太平洋“火环”上,这一趋势已经产生了许多大型矿藏,包括Porgera、Lihir和Grasberg,以及特殊的Vatukoula金矿Viti Levu。Viti Levu岛还拥有Namosi,已公布的已探明和可能储量为13亿吨,铜含量为0.37%,Au为0.12g/t(520万盎司Au和490万吨铜)。Lion One Metals正在开发其Tuvatu项目,其指示资源量为1,000,000吨,Au为8.48克/吨(274,600盎司),推断资源量为133万吨,Au为9.0 g/t(384,000盎司),报告下限为3.0 g/t Au。自1937年以来,瓦图库拉金矿的产量已超过700万盎司。
Qualified Person
有资格的人
The technical disclosure in this news release has been approved by Terry L. Tucker, P.Geo. a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators.
本新闻稿中的技术披露已得到Terry L.Tucker,P.Geo的批准。加拿大证券管理人的国家文书43-101所定义的合格人员。
On behalf of the Board of Directors of Kalo Gold Corp.
我谨代表Kalo Gold Corp.董事会发言。
Terry L. Tucker, P.Geo
President and Chief Executive Officer
特里·L·塔克,P.Geo
总裁与首席执行官
and
和
Kevin Ma, CPA, CA
Executive Vice President, Capital Markets, and Director
Kevin Ma,注册会计师,加利福尼亚州
资本市场部常务副总裁总裁和董事
For more information contact, please write to info@kalogoldcorp.com
欲了解更多信息,请写信至info@kalogoldcorp.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this press 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。
Forward Looking Statements Disclaimer
前瞻性声明免责声明
Certain statements in this release are forward-looking statements, which are statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward looking statements in this news release include statements relating to the closing of the Offering, the proposed size of the Offering and the proposed use of proceeds.. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements, other than statements of historical fact, included in this release, including statements regarding the proposed drilling timeline and the proposed expansion of the exploration program, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include quality and quantity of any mineral deposits that may be located, the Company's inability to obtain any necessary permits, consents or authorizations required for its activities, the Company's inability to raise the necessary capital to be fully able to implement its business strategies, and other risks and uncertainties disclosed in the Company's filing statement dated February 9, 2021 and latest interim Management's Discussion and Analysis filed with certain securities commissions in Canada.
本新闻稿中的某些陈述是前瞻性陈述,这些陈述不是纯粹的历史性陈述,包括任何有关对未来的信念、计划、期望或意图的陈述。本新闻稿中的前瞻性陈述包括与发行结束、拟发行规模和拟使用收益有关的陈述。前瞻性陈述通常用“将”、“可能”、“应该”、“预期”、“预期”和类似的表达方式来识别。本新闻稿中包含的除历史事实陈述外的所有陈述,包括有关拟议的钻井时间表和拟议的勘探计划扩大的陈述,均为前瞻性陈述,涉及风险和不确定因素。不能保证这些陈述将被证明是准确和实际的结果,未来的事件可能与这些陈述中预期的大不相同。可能导致实际结果与公司预期大不相同的重要因素包括 这些因素包括:可能存在的任何矿藏的质量和数量;公司无法获得其活动所需的任何必要的许可、同意或授权;公司无法筹集必要的资本以全面实施其业务战略;以及在公司于2021年2月9日的备案声明和最新的临时管理层提交给加拿大某些证券委员会的讨论和分析中披露的其他风险和不确定性。
The reader is cautioned that assumptions used in the preparation of any forward-looking statements herein may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect, and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by Canadian securities law.
提醒读者,在编制本文中的任何前瞻性陈述时使用的假设可能被证明是不正确的。由于许多已知和未知的风险、不确定性和其他因素,其中许多是公司无法控制的,事件或情况可能会导致实际结果与预测的结果大不相同。提醒读者不要过度依赖任何前瞻性信息。这些信息虽然在准备时被管理层认为是合理的,但可能被证明是不正确的,实际结果可能与预期的大不相同。本新闻稿中包含的前瞻性陈述明确地受到本警示性声明的限制。本新闻稿中包含的前瞻性陈述是截至本新闻稿发布之日作出的,公司将按照加拿大证券法的明确要求更新或公开修改任何包含的前瞻性陈述。
SOURCE: Kalo Gold Corp.
资料来源:卡洛黄金公司