Unigold Proposes to Extend Warrants
Unigold Proposes to Extend Warrants
Toronto, Ontario--(Newsfile Corp. - June 1, 2023) - Unigold Inc. (TSXV: UGD) (OTCQB: UGDIF) (FSE: UGB1) ("Unigold" or the "Company") announces that the Company intends to extend the expiry dates of a total of 16,629,167 share purchase warrants (the "Warrants"), by six months to December 29, 2023 (the "Warrant Extension"). The Warrants were issued pursuant to a private placement which closed on June 23, 2020 and are currently set to expire on June 23, 2023. Each Warrant entitles the holder thereof to acquire one common share of the Company at a price of $0.30 per common share and all other terms of the Warrants, including exercise price, will remain the same.
安大略省多伦多-(Newsfile Corp.-2023年6月1日)-UniGold Inc.(多伦多证券交易所股票代码：UGD)(OTCQB：UGDIF)(法兰克福证券交易所股票代码：UGB1)(以下简称“UniGold”或“公司”)宣布，公司打算将总计16,629,167份认股权证(以下简称“认股权证”)的到期日延长6个月，至2023年12月29日(“认股权证延期”)。这些权证是根据2020年6月23日完成的私募发行的，目前将于2023年6月23日到期。每份认股权证使其持有人有权按每股普通股0.30美元的价格收购本公司一股普通股，而认股权证的所有其他条款，包括行使价格，将保持不变。
The Company has made an application to the TSX Venture Exchange (the "TSXV") in respect of the Warrant Extension. The Warrant Extension is subject to the approval of the TSXV.
本公司已就延长认股权证向多伦多证券交易所创业板(“多伦多证券交易所”)提出申请。延长认股权证须经TSXV批准。
A total of 150,650 Warrants are held by parties who are considered to be "related parties" of the Company. Therefore, the amendment of Warrants constitutes a "related party transaction" as contemplated by Multilateral Instrument 61-101 Protection of Minority Shareholders in Special Transactions, and TSXV Policy 5.9 - Protection of Minority Shareholders in Special Transactions. However, the exemptions from formal valuation and minority approval requirements provided for by these guidelines can be relied upon as the fair market value of the Warrants held by insiders does not exceed 25% of the market capitalization of the Company. Upon receipt of the approval of the TSXV of the Warrant Extension, a material change report in respect of the Warrant Extension will be filed by the Company.
合共150,650份认股权证由被视为本公司“关连人士”的人士持有。因此，认股权证的修正构成多边文书61-101所设想的“关联方交易”。特殊交易中中小股东的保护，和TSXV政策5.9-特殊交易中中小股东的保护。然而，由于由内部人士持有的认股权证的公平市值不超过公司市值的25%，因此可以信赖本准则规定的豁免正式估值和少数股东批准的要求。在收到延长认股权证的TSXV批准后，公司将提交关于延长认股权证的重大变更报告。
For further information please visit or contact:
Mr. Joseph Hamilton
Chairman & CEO
jhamilton@unigoldinc.com
T. (416) 866-8157
欲了解更多信息，请访问或联系：
约瑟夫·汉密尔顿先生
董事长兼首席执行官
邮箱：jhamilton@unigoldinc.com
电话：(416)866-8157
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Certain statements contained in this document, including statements regarding events and financial trends that may affect our future operating results, financial position and cash flows, may constitute forward-looking statements within the meaning of the federal securities laws.. The forward-looking statements contained in this document are made as of the date hereof and we assume no obligation to update the forward-looking statements Where applicable, we claim the protection of the safe harbour for forward- looking statements provided by the (United States) Private Securities Litigation Reform Act of 1995. For more information, please visit .
前瞻性陈述
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