Strategic Metals Ltd. Announces New Normal Course Issuer Bid To Succeed The Normal Course Issuer Bid Which Will Expire On December 4, 2023
Strategic Metals Ltd. Announces New Normal Course Issuer Bid To Succeed The Normal Course Issuer Bid Which Will Expire On December 4, 2023
VANCOUVER, BC / ACCESSWIRE / November 28, 2023 / Strategic Metals Ltd. (TSX-V:SMD) ("Strategic") announces that it is making a new Normal Course Issuer Bid (the "New Bid") pursuant to the provisions of TSX Venture Exchange Policy 5.6, to succeed its existing Normal Course Issuer Bid (the "Old Bid") as accepted by the TSX Venture Exchange on November 30, 2022.
不列颠哥伦比亚省温哥华/ACCESSWIRE/2023年11月28日/Strategic Metals Ltd.(多伦多证券交易所股票代码:SMD)(“Strategic”)宣布,它将根据多伦多证券交易所风险交易所政策5.6的规定提出新的普通股票发行人出价(“新出价”),以接替多伦多证券交易所风险交易所于2022年11月30日接受的现有正常交易所发行人出价(“旧出价”)。
Strategic has purchased no shares under the Old Bid, which will expire on December 4, 2023. The New Bid will consist of the acquisition by Strategic of up to 8,500,000 common shares of its capital stock, representing approximately 10% of the "public float" of 85,349,013 common shares upon the date of commencement of the New Bid. (There are currently 110,955,967 common shares of Strategic issued and outstanding.) The New Bid will commence on December 5, 2023, and will expire on December 4, 2024.
Strategic尚未根据旧出价购买任何股票,该出价将于2023年12月4日到期。新出价将包括Strategic收购其股本中最多850万股普通股,约占新竞标开始之日85,349,013股普通股 “公众持股量” 的10%。(目前Strategic已发行和流通的普通股为110,955,967股。)新竞标将于2023年12月5日开始,并将于2024年12月4日到期。
Strategic is making the New Bid, to succeed the Old Bid (which was limited to an aggregate of 8,400,000 common shares), because it is of the opinion that fluctuating global market conditions periodically (and currently) may result in unwarranted reductions in Strategic's share price that do not reflect the underlying value of its assets. Strategic will utilize unallocated cash resources to effect purchases under the New Bid with a view to capitalizing on these potential price weaknesses. Shares purchased under the New Bid will be made at Management's discretion based on market conditions, and will be returned to Strategic's treasury for cancellation.
Strategic正在进行新出价,以取代旧出价(总共限于840万股普通股),因为它认为,定期(和当前)全球市场状况的波动可能会导致Strategic的股价不必要地下跌,而这并不能反映其资产的潜在价值。Strategic将利用未分配的现金资源在新出价下进行采购,以期利用这些潜在的价格弱点。在新出价下购买的股票将由管理层根据市场状况自行决定发行,并将退回Strategic的财政部注销。
The New Bid will be conducted on behalf of Strategic by PI Financial Corp., of Suite 2500 - 733 Seymour Street, Vancouver, B.C. V6B 0S6.
新竞标将由PI Financial Corp. 代表Strategic进行,位于不列颠哥伦比亚省温哥华西摩街2500-733号套房V6B 0S6。
ON BEHALF OF THE BOARD
代表董事会
"W. Douglas Eaton"
“W. Douglas Eaton”
President and Chief Executive Officer
总裁兼首席执行官
For further information concerning Strategic or its various exploration projects please visit our website at or contact:
有关Strategic或其各种勘探项目的更多信息,请访问我们的网站或联系:
Corporate Information Strategic Metals Ltd. W. Douglas Eaton President and C.E.O. Tel: (604) 688-2568 |
Investor Inquiries Richard Drechsler V.P. Communications Tel: (604) 687-2522 NA Toll-Free: (888) 688-2522 rdrechsler@strategicmetalsltd.com |
企业信息 战略金属有限公司 W·道格拉斯·伊顿 总裁兼首席执行官 电话:(604) 688-2568 |
投资者查询 理查德·德雷克斯勒 通信副总裁 电话:(604) 687-2522 北美免费电话:(888) 688-2522 rdrechsler@strategicmetalsltd.com |
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the 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投资交易所及其监管服务提供商(该术语在多伦多证券交易所风险投资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。
This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ materially from the expected results.
本新闻稿可能包含基于管理层对未来事件或结果的假设和判断的前瞻性陈述,这些假设和判断可能由于勘探和其他无法控制的风险因素而被证明不准确,实际结果可能与预期结果存在重大差异。
SOURCE: Strategic Metals Ltd.
来源:战略金属有限公司