Edison Lithium Announces Closing of Non-Brokered Private Placement
Edison Lithium Announces Closing of Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 24, 2023) - Edison Lithium Corp. (TSXV: EDDY) (FSE: VV0) ("Edison" or the "Company") is pleased to announce that, further to its news release of September 8, 2023, it is closing its non-brokered private placement (the "Private Placement") with the issuance of a total of 4,000,000 units (the "Units") of the Company at a price of $0.12 per Unit for proceeds of $480,000.
温哥华,不列颠哥伦比亚省-(Newsfile Corp.-2023年10月24日)-爱迪生锂公司(TSXV:Eddy)(FSE:VV0)(“爱迪生“或”公司)很高兴地宣布,继2023年9月8日发布的新闻稿后,它将结束其非经纪私募(The私募“)共发行400万个单位(“单位”),以每单位0.12美元的价格出售,收益为480,000美元。
Each Unit consists of one (1) common share ("Share") in the capital of the Company and one (1) Share purchase warrant ("Warrant"), whereby each Warrant entitles the warrant holder to acquire one (1) additional Share at a price of $0.20 until October 26, 2025, being the date that is twenty-four (24) months from the date of issuance.
每个单位由一(1)个普通股组成(“分享“)公司股本及一(1)份股份认购权证(”搜查令“),据此每份认股权证持有人有权以0.20美元的价格购入一(1)股额外股份,直至2025年10月26日,即自发行日期起计二十四(24)个月。
The net proceeds of the Private Placement will be used primarily to fund the Company's projects. In consideration of the introduction to the Company of investors in the Private Placement, agent fees and finder's fee are applicable. The Company has agreed to pay Florence Wealth Management Corp. ("Florence Wealth"), acting in the capacity as agent of the Private Placement, an agent's cash fee in the amount of $9,600 (the "Agent Cash Commission") and to issue to Florence a total of 80,000 non-transferable commons share purchase warrants (the "Agent Warrants"). The Company has also agreed to pay certain eligible finders a finder's fee in cash (a "Finder Cash Commission") and to issue non-transferable common share purchase warrants ("Finder Warrants") to (i) Canaccord Genuity Corp. - $1,440 Finder Cash Commission and 12,000 Finder Warrants; (ii) PI Financial Corp. - $6,960 Finder Cash Commission and 58,000 Finder Warrants; and (iii) Florence Wealth - acting in the capacity as a finder - $24,336 Finder Cash Commission and 202,800 Finder Warrants. Each Agent Warrant and Finder Warrant shall entitle the agent or finder, as the case may be, to acquire one (1) additional Share at a price of $0.20 until October 26, 2025, being the date that is twenty-four (24) months from the date of issuance.
私募的净收益将主要用于为公司的项目提供资金。考虑到在定向增发中向公司介绍投资者,代理费和寻找人费均适用。公司已同意向佛罗伦萨财富管理公司(“佛罗伦萨财富管理公司”)佛罗伦萨财富),以私募代理人的身份行事,代理人的现金费用为$9,600(代理现金佣金“),并向佛罗伦萨发行共80,000份不可转让的普通股认购权证(”代理搜查令“)。本公司亦同意向若干合资格的检索人支付现金检索费(A)。发现者现金佣金“)及发行不可转让的普通股认购权证(”搜索令“)向(I)Canaccel Genity Corp.--1,440美元的Finder Cash佣金和12,000份Finder认股权证;(Ii)Pi Financial Corp.--6,960美元的Finder Cash佣金和58,000份Finder认股权证;以及(Iii)Florence Wealth--以发现者的身份行事--24,336美元的Finder Cash佣金和202,800份Finder认股权证。每份代理权证和Finder认股权证(视情况而定)均有权让代理人或Finder认股权证(视情况而定)以0.2美元的价格额外购买一(1)股,直至2025年10月26日,即自发行之日起二十四(24)个月。
Closing of the Private Placement remains subject to final acceptance by the TSX Venture Exchange.
私募的结束仍有待多伦多证券交易所创业板的最终接受。
All securities to be issued in connection with the Private Placement will be subject to a statutory four-month hold period under applicable Canadian securities laws commencing on the closing date and expiring on February 27, 2024.
根据适用的加拿大证券法,将发行的与私募有关的所有证券都将受到法定的四个月持有期的限制,自截止日期开始,至2024年2月27日到期。
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. The securities offered have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws, unless an exemption from such registration is available.
本新闻稿不构成在美国出售或邀请购买任何证券的要约。所发行的证券没有也不会根据修订后的《1933年美国证券法》(The《美国证券法》“)或任何州证券法,除非根据美国证券法和适用的州证券法注册,否则不得在美国境内或向美国人提供或出售,或为美国人的账户或利益而提供或出售,除非获得此类注册的豁免。
Related Party Participation in the Private Placement
私募配售中的关联方参与
Certain insiders of the Company participated in the Private Placement acquiring an aggregate of 920,000 Units. Nathan Rotstein, Chief Executive Officer, President, and Director of the Company, purchased 400,000 Units; Luisa Moreno, Chief Operating Officer and Director, purchased 45,000 Units; Jay Richardson, Chief Financial Officer and Director, purchased 100,000 Units; Roger Dahn, Director, purchased 45,000 Units; and Gordan Jang, Director, indirectly subscribed for an aggregate of 330,000 Units. The participation by insiders in the Private Placement constitutes a "related party transaction" as defined under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of the securities purchased by insiders, nor the consideration for the securities paid by such insiders, exceeded 25% of the Company's market capitalization. The Company did not file a material change report in respect of the related party transaction at least 21 days before the closing of the Private Placement, which the Company deems reasonable in the circumstances in order to complete the Private Placement in an expeditious manner.
本公司若干内部人士参与是次私募,共购入920,000个单位。公司首席执行官总裁和董事购买了400,000个单位;董事首席运营官路易莎·莫雷诺购买了45,000个单位;董事首席财务官杰伊·理查森购买了100,000个单位;董事的罗杰·丹购买了45,000个单位;董事的张高丹间接认购了总计330,000个单位。内部人士参与私募构成了多边文书61-101--特别交易中少数股权持有人保护(“)”所界定的“关联方交易”。米其林61-101“)。本公司依赖MI 61-101第5.5(A)及5.7(1)(A)节所载豁免MI 61-101的估值及小股东批准的规定,因为内部人士所购买证券的公平市值或该等内部人士所支付证券的代价均不超过本公司市值的25%。本公司并无于私募完成前至少21天提交有关关联方交易的重大变动报告,而本公司认为在当时情况下该等报告是合理的,以便迅速完成私募。
About Edison Lithium Corp.
爱迪生锂公司简介
Edison Lithium Corp. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium, and other energy metal properties. The Company's acquisition strategy is based on acquiring affordable, cost-effective, and highly regarded mineral properties in areas with proven geological potential. Edison is building a portfolio of quality assets capable of supplying critical materials to the battery industry and intends to capitalize on and have its shareholders benefit from the renewed interest in the battery metals space.
爱迪生锂公司是一家总部位于加拿大的初级矿业勘探公司,专注于钴、锂和其他能源金属资产的采购、勘探和开发。该公司的收购战略是基于在已探明地质潜力的地区收购负担得起、成本效益高且备受推崇的矿产资产。爱迪生正在建立一个能够向电池行业供应关键材料的优质资产组合,并打算利用人们对电池金属领域重新燃起的兴趣,并让其股东受益。
On behalf of the Board of Directors:
我谨代表董事会:
"Nathan Rotstein"
Nathan Rotstein
Chief Executive Officer and Director
《内森·罗斯坦》
内森·罗斯坦
董事首席执行官兼首席执行官
For more information please contact:
如需更多信息,请联系:
Tel: 416-526-3217
Email: info@edisonlithium.com
Website:
电话:416-526-3217
电子邮件:info@edisonlithium.com
网站:
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。
Forward-Looking Disclaimer: This news release contains certain forward-looking statements. Statements that are not historical facts, including statements about Edison's beliefs and expectations, are forward- looking statements. Forward-looking statements involve inherent risks and uncertainties and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may", "will", "will be", "expect", "anticipate", "target", "aim", "estimate", "intend", "plan", "believe", "potential", "continue", "proposes", "contemplates", "is/are likely to" or other similar expressions. Forward-looking statements in this news release relate to, among other things, the Private Placement, including the closing thereof, the use of proceeds received therefrom, and the receipt of applicable regulatory approvals, including the acceptance of the Exchange. 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. Forward-looking statements reflect the beliefs, opinions and projections of management on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, delays or failure to obtain all required approvals. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. All information provided in this news release is as of the date of this news and the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.
前瞻性免责声明:本新闻稿包含某些前瞻性陈述。非历史事实的陈述,包括有关爱迪生的信念和期望的陈述,均为前瞻性陈述。前瞻性陈述涉及固有的风险和不确定因素,许多因素可能导致实际结果与任何前瞻性陈述中的结果大相径庭。在某些情况下,前瞻性陈述可以用诸如“可能”、“将”、“将是”、“预期”、“预期”、“目标”、“目标”、“估计”、“打算”、“计划”、“相信”、“潜在”、“继续”、“提议”、“考虑”、“可能”或其他类似表述来识别。本新闻稿中的前瞻性陈述与私募有关,包括私募的结束、从私募获得的收益的使用以及获得适用的监管批准,包括交易所的接受。不能保证这样的陈述将被证明是准确的,实际结果和未来事件可能与此类陈述中预期的大不相同。前瞻性陈述反映了管理层在作出陈述之日的信念、意见和预测,其依据是一些假设和估计,尽管有关各方认为这些假设和估计是合理的,但这些假设和估计本身就会受到重大商业、经济、竞争、政治和社会不确定性和或有事件的影响。许多已知和未知的因素可能导致实际结果、业绩或成就与此类前瞻性陈述明示或暗示的结果、业绩或成就大相径庭,缔约方根据其中许多因素或与之相关的许多因素作出了假设和估计。这些因素包括但不限于延误或未能获得所需的所有批准。读者不应过分依赖本新闻稿中包含的有关这些项目的前瞻性陈述和信息。本新闻稿中提供的所有信息都是截至本新闻发布之日的信息,除非适用的证券法要求,否则公司不承担任何义务,在信念、意见、预测或其他因素发生变化时对其进行更新。
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