Hertz Lithium Announces Revised Terms of Non-Brokered Private Placement
Hertz Lithium Announces Revised Terms of Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 21, 2023) - Hertz Lithium Inc. (CSE: HZ) (OTCQB: HZLIF) (FSE: QE2) (the "Company" or "Hertz") announces, further to its news release on November 3, 2023, that the Company has revised the terms of its previously announced non-brokered private placement. The Company will now be conducting a non-brokered private placement for gross proceeds of up to $3,500,000 (the "Private Placement").
不列颠哥伦比亚省温哥华--(Newsfile Corp.,2023年11月21日)——赫兹锂业公司(CSE:HZ)(OTCQB:HZLIF)(FSE:QE2)(the”公司“或”赫兹“) 继2023年11月3日发布新闻稿后,宣布,公司已经修改了先前宣布的非经纪私募的条款。该公司现在将进行非经纪私募配售,总收益高达350万美元(”私募配售“)。
The Private Placement will consist of the issuance of up to 11,111,111 units (the "Non-FT Units") at a price of $0.18 per Non-FT Unit for gross proceeds of up to $2,000,000, and up to 3,750,000 flow-through units (the "Charity FT Units") at a price of $0.40 per Charity FT Unit, for gross proceeds of up to $1,500,000. Each Non-FT Unit will be comprised of one common share in the capital of the Company (each, a "Share") and one share purchase warrant (each, a "Warrant"). Each Warrant will entitle the holder to purchase one additional Share (each, a "Warrant Share") for a period of 24 months from the closing date at an exercise price of $0.40 per Warrant Share. The Warrants will be subject to an accelerated expiry upon thirty (30) business days notice from the Company in the event the Shares trade for fourteen (14) consecutive trading days anytime after four (4) months from closing of the Private Placement at a volume-weighted average price of at least $0.60 on the Canadian Securities Exchange (the "CSE").
私募将包括最多11,111,111个单位的发行(”非 FT 单位“) 以每个非 FT 单位的价格为 0.18 美元,总收益高达 2,000,000 美元,流通量高达 3,750,000 个流通单位(”FT 慈善单位“),每个《金融时报》慈善单位的价格为0.40美元,总收益最高为150万美元。每个非 FT 单位将由公司资本中的一股普通股组成(每股为”分享“)和一份股票购买权证(每份均为一份”搜查令“)。每份认股权证将使持有人有权额外购买一股股票(每股一股”认股权证“)自收盘之日起24个月内,每股认股权证的行使价为0.40美元。如果股票在加拿大证券交易所以至少0.60美元的交易量加权平均价格在私募股收盘后四(4)个月后的任何时候连续十四(14)个交易日的交易,则认股权证将在公司发出三十(30)个工作日的通知后加速到期(”案例“)。
Each FT Charity Unit will be comprised of one Share, to be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) (the "Tax Act") that will be issued as part of a charity arrangement, and one Warrant.
英国《金融时报》的每个慈善单位将由一股股票组成,根据该股的定义,将作为 “流通股份” 发行 所得税法 (加拿大)(”《税法》“)将作为慈善安排的一部分签发,还有一份认股权证。
The net proceeds from the sale of Non-FT Units will be used for the advancement of the Company's Lithium Extraction Technology, exploration at its Lucky Mica Project, Consulting/Management fees, marketing/IR, and general and administrative matters. The gross proceeds from the issuance of the Charity FT Units will be used for "Canadian Exploration Expenses" within the meaning of the Tax Act, which will be incurred on or before December 31, 2024, and renounced with an effective date no later than December 31, 2023, to the initial purchasers of the Charity FT Units in an aggregate amount not less than the gross proceeds raised from the issue of Charity FT Units.
出售非 FT 单位的净收益将用于推进公司的锂开采技术、其 Lucky Mica 项目的勘探、咨询/管理费、营销/投资者关系以及一般和行政事务。发行慈善金融时报单位的总收益将用于《税法》所指的 “加拿大勘探费用”,该费用将在2024年12月31日当天或之前产生,并于2023年12月31日之前放弃给慈善金融交易单位的初始购买者,总金额不低于发行慈善金融时报单位筹集的总收益。
The Private Placement may close on one or more dates as the Company may determine.
私募股权可能会在公司确定的一个或多个日期关闭。
The Company may pay a finder's fee in connection with the Private Placement to eligible arm's length finders in accordance with the policies of the CSE. All securities issued in connection with the Private Placement will be subject to a statutory hold period of four months and one day following the date of issuance in accordance with applicable Canadian securities laws.
根据CSE的政策,公司可以向符合条件的独立发现者支付与私募相关的发现费。根据适用的加拿大证券法,所有与私募相关的证券将受发行之日起四个月零一天的法定持有期限。
The securities issued pursuant to the Private Placement have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.
根据私募发行的证券没有也不会根据经修订的1933年《美国证券法》进行注册,在没有美国注册或没有适用的美国注册要求豁免的情况下,不得在美国境内发行或出售,也不得向美国人发行或出售,或为美国人的账户或利益进行发行或出售。本新闻稿不构成卖出要约或征求买入要约,也不应在美国或任何其他司法管辖区出售证券,此类要约、招揽或出售是非法的。
About Hertz Lithium Inc.
关于赫兹锂业公司
Hertz Lithium is a British Columbia based junior exploration company primarily engaged in the acquisition and exploration of mineral properties. The Company's lithium exploration projects include the Lucky Mica Lithium Project, the ACDC Lithium Project and the Patriota Lithium Projection. The Lucky Mica Project is 939 hectares located within the Arizona Pegmatite Belt in the Maricopa County of Arizona, USA. The ACDC Project is 26,500 hectares located in the renowned James Bay Lithium District in Quebec, Canada, just 26kms southeast of the Covette Lithium Project owned by Patriot Battery Metals and is contiguous to Rio Tinto's Kaanaayaa project claims. The Patriota Lithium Project is 2,963 hectares located within the Eastern Brazilian Pegmatite Province in Minas Gerais, Brazil and host to similar geology as Sigma's "Green Lithium Mine". The Company is also working with Penn State University's College of Earth and Mineral Science department to develop a novel patent-pending hard rock lithium extraction technology that utilizes a process for extracting lithium directly from alpha-spodumene.
Hertz Lithium是一家总部位于不列颠哥伦比亚省的初级勘探公司,主要从事矿产的收购和勘探。该公司的锂勘探项目包括Lucky Mica锂项目、ACDC锂项目和爱国者锂业项目。Lucky Mica 项目占地 939 公顷,位于美国亚利桑那州马里科帕县的亚利桑那伟晶岩带内。ACDC项目占地26,500公顷,位于加拿大魁北克省著名的詹姆斯湾锂区,距离爱国者电池金属公司拥有的科维特锂项目东南仅26公里处,与力拓的Kaanaayaa项目索赔毗邻。Patriota锂项目占地2963公顷,位于巴西米纳斯吉拉斯州的巴西东部伟晶岩省内,地质与西格玛的 “绿色锂矿” 相似。该公司还与宾夕法尼亚州立大学地球与矿物科学学院合作开发一种正在申请专利的新型硬岩锂提取技术,该技术利用一种直接从α-锂辉石中提取锂的工艺。
For further information, please contact Mr. Kal Malhi or view the Company's filings at .
欲了解更多信息,请联系Kal Malhi先生或在以下地址查看公司的文件。
On Behalf Of the Board of Directors
代表董事会
Kal Malhi
Chief Executive Officer and Director
Phone: 604-805-4602
Email: kal@bullruncapital.ca
Kal Malhi
首席执行官兼董事
电话:604-805-4602
电子邮件:kal@bullruncapital.ca
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.
加拿大证券交易所及其监管服务提供商均不对本新闻稿的充分性或准确性承担责任。
Cautionary Statement Regarding "Forward-Looking" Information
关于 “前瞻性” 信息的警示声明
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
本新闻稿包括某些可能被视为 “前瞻性陈述” 的陈述。除历史事实陈述外,本新新闻稿中涉及公司预计将发生的事件或事态发展的所有陈述均为前瞻性陈述。前瞻性陈述不是历史事实,通常但并非总是以 “期望”、“计划”、“预期”、“相信”、“打算”、“估计”、“项目”、“潜在” 和类似表达方式来识别,或者说事件或条件 “将”、“将”、“可能” 或 “应该” 发生。尽管公司认为此类前瞻性陈述中表达的预期是基于合理的假设,但此类陈述并不能保证未来的业绩,实际业绩可能与前瞻性陈述中存在重大差异。可能导致实际业绩与前瞻性陈述中存在重大差异的因素包括市场价格、资本和融资的持续可用性以及总体经济、市场或商业状况。提醒投资者,任何此类陈述都不能保证未来的业绩,实际业绩或发展可能与前瞻性陈述中的预测存在重大差异。前瞻性陈述基于公司管理层在陈述发表之日的信念、估计和观点。除非适用的证券法有要求,否则如果管理层的信念、估计或观点或其他因素发生变化,公司没有义务更新这些前瞻性陈述。
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