E-Tech Resources Inc. Closes Private Placement of $700,000
E-Tech Resources Inc. Closes Private Placement of $700,000
Halifax, Nova Scotia--(Newsfile Corp. - August 11, 2023) - E-Tech Resources Inc. (TSXV: REE) (FSE: K2I) ("E-Tech" or the "Company") is pleased to announce closing of its previously announced private placement of 11,666,667 common shares of E-Tech (each, a "Share") at $0.06 per Share for gross proceeds of $700,000 (the "Financing"). The proceeds from the private placement will be used to support the Company's ongoing exploration and operational activities.
新斯科舍省哈利法克斯-(Newsfile Corp.-2023年8月11日)-E-Tech Resources Inc.(TSXV：REE)(FSE：K2I)(“电子科技“或”公司“)很高兴地宣布完成其先前宣布的11,666,667股E-Tech(每股，一股)普通股的私募分享“)每股0.06美元，总收益为700,000美元(”融资私募所得款项将用于支持本公司持续的勘探和经营活动。
Numus Capital Corp., a registered Exempt Market Dealer, acted as agent for the Financing. In connection with the private placement, E-Tech paid the agent cash commissions of $46,900 and 781,667 broker warrants. Each broker warrant entitles the holder to acquire one Share at an exercise price of $0.06 and is exercisable for a period of 24 months from closing.
Numus Capital Corp.是一家注册的豁免市场交易商，担任融资代理。关于私募，易达向代理人支付了46,900美元和781,667份经纪认股权证的现金佣金。每份经纪认股权证使持有人有权以0.06美元的行使价收购一股，并可在成交后24个月内行使。
The Financing remains subject to final approval of the TSXV. All securities issued pursuant to the Financing will be subject to a hold period lasting four months and one day from the closing.
融资仍有待TSXV的最终批准。根据融资发行的所有证券将受到持有期的限制，持有期为自成交之日起四个月零一天。
The engagement of Numus Capital Corp., and the subscription by Insiders of the Company outlined below pursuant to the Financing, constitute Related Party Transactions under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). E-Tech has relied upon an exemption for formal valuation and minority shareholder approval required under sections 5.5(a) and 5.7(1)(a) of MI 61-101 on the basis that any related party elements of such transactions would not exceed 25% of market capitalization of E-Tech. The Financing was unanimously approved by all members of the board of directors of the Company not in a declared conflict of interest.
根据融资，Numus Capital Corp.的参与以及本公司内部人士的认购构成以下项下的关联方交易多边文书61-101在特殊交易中对少数担保持有人的保护(“米其林61-101“)。E-Tech依据MI 61-101第5.5(A)及5.7(1)(A)条所要求的正式估值豁免及小股东批准，以该等交易的任何关联方因素不超过E-Tech市值的25%为基础。融资获本公司董事会全体成员一致批准，并无已宣布的利益冲突。
John Philpott and Ken Marshall, each a director of the Company, subscribed for 100,000 and 150,000 Shares, respectively. Todd Burlingame, an officer of the Company, subscribed for 250,000 Shares. There has not been a material change in the percentage of the outstanding securities of the Company that are owned by these directors and this officer.
董事的约翰·菲尔波特和肯·马歇尔分别认购了100,000股和150,000股。该公司高管托德·伯林格姆认购了25万股。该等董事及该高级人员所拥有的本公司已发行证券的百分比并无重大变动。
Brigus Capital Inc., an Insider of the Company and a related party to the Company within the meaning of MI 61-101, subscribed for 4,166,667 Shares. The percentage of outstanding securities owned by Brigus Capital Inc. increased from 10.75% to 13.84%.
Brigus Capital Inc.是本公司的内部人士，也是MI 61-101所指的本公司的关联方，认购了4,166,667股。Brigus Capital Inc.持有的未偿还证券的比例从10.75%增加到13.84%。
About E-Tech Resources Inc.
关于E-Tech Resources Inc.
E-Tech is a rare earth exploration and development company focused on developing its Eureka Rare Earths Project in Namibia. The Eureka project is located approximately 250 km north-west of Namibia's capital city Windhoek and 140 km east of Namibia's main industrial port Walvis Bay. The project is situated next to the national B1 highway in the Erongo Region of Namibia.
E-Tech是一家稀土勘探开发公司，专注于开发其在纳米比亚的尤里卡稀土项目。尤里卡项目位于纳米比亚首都温得和克西北约250公里处，纳米比亚主要工业港口沃尔维斯湾以东140公里处。该项目位于纳米比亚埃隆戈地区的国家B1骇维金属加工旁边。
The Eureka deposit lies in the Southern Central Zone of the Neoproterozoic Damara Belt within Exclusive Prospecting License ("EPL") number EPL 6762, which covers farms Eureka 99 and Sukses 90. E-Tech has also entered a definitive agreement to acquire an 85% interest in the permit EPL 8748 which lies adjacent to and surrounds the Company's EPL 6762.
尤里卡矿床位于新元古代达马拉带的中南部地带，拥有独家勘探许可证(“EPL”)编号EPL 6762，涵盖尤里卡99和Sukses 90农场。E-Tech还达成了一项最终协议，将收购许可证EPL 8748的85%权益，该许可证位于公司EPL 6762附近和周围。
Namibia is recognized as one of Africa's most politically stable jurisdictions, with an extremely well-established national infrastructure and a clear and transparent mining law.
纳米比亚被认为是非洲政治最稳定的司法管辖区之一，拥有极其完善的国家基础设施和明确透明的采矿法。
Cautionary Statements
警示声明
This press release may contain forward-looking information, such as statements regarding the Financing. This information is based on current expectations and assumptions (including assumptions relating to general economic and market conditions) that are subject to significant risks and uncertainties that are difficult to predict. Actual results may differ materially from results suggested in any forward-looking information. E-Tech does not assume any obligation to update forward-looking information in this release, or to update the reasons why actual results could differ from those reflected in the forward-looking information unless and until required by securities laws applicable to E-Tech. Additional information identifying risks and uncertainties is contained in the filings made by E-Tech with Canadian securities regulators, which filings are available at .
本新闻稿可能包含前瞻性信息，如有关融资的声明。这些信息基于当前的预期和假设(包括与一般经济和市场状况有关的假设)，这些预期和假设会受到难以预测的重大风险和不确定性的影响。实际结果可能与任何前瞻性信息中建议的结果大不相同。E-Tech不承担更新本新闻稿中的前瞻性信息或更新实际结果可能与前瞻性信息中反映的结果不同的原因的任何义务，除非和直到适用于E-Tech的证券法要求。识别风险和不确定性的其他信息包含在E-Tech向加拿大证券监管机构提交的文件中，这些文件可在上查阅。
Neither the 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。
For further information, please contact Todd Burlingame, CEO of E-Tech Resources Inc., at (782) 409-5474.
欲了解更多信息，请联系E-Tech Resources Inc.首席执行官托德·伯林格姆，电话：(782)409-5474。
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