Basin Uranium Stakes New Uranium Project
Basin Uranium Stakes New Uranium Project
Vancouver, British Columbia--(Newsfile Corp. - February 7, 2024) - BASIN URANIUM CORP. (CSE: NCLR) (CNSX: NCLR.CN) ("Basin Uranium" or the "Company") is pleased to announce it has acquired the Wolf Canyon Uranium Project (the "Project" or "Wolf Canyon") located in Fall River County, South Dakota, USA. The Project, which was acquired through direct staking by the Company, is comprised of 80 unpatented mineral lode claims totaling 1,600 acres located two miles east of US Hwy-18 and approximately eight miles east of the Company's flagship Chord project.
不列颠哥伦比亚省温哥华--(Newsfile Corp.-2024 年 2 月 7 日)- 盆地铀公司(案例:NCLR)(CNSX:NCLR.CN) (”盆地铀“或者”公司“)很高兴地宣布它已经收购了沃尔夫峡谷铀项目(”项目“或”沃尔夫峡谷“) 位于美国南达科他州福尔里弗县。该项目由公司通过直接质押收购,由80份未获得专利的矿脉索赔组成,总面积为1,600英亩,位于美国18号高速公路以东两英里处,公司旗舰Chord项目以东约八英里处。
"The staking of Wolf Canyon represents our continued expansion into the USA, focused on acquiring strategic assets located in prolific mining districts with extensive historical exploration," commented Mike Blady, CEO of Basin Uranium. "The recent tabling of House Bill 1071, efforts are underway to allow the governor to agree with the Nuclear Regulatory Commission to bring uranium mining and nuclear energy back to the Rushmore State (South Dakota) which has nearly 300 historic mines and prospects in the western portion of the state alone."
盆地铀公司首席执行官迈克·布拉迪评论说:“沃尔夫峡谷的质押代表着我们在美国的持续扩张,重点是通过广泛的历史勘探收购位于多产矿区的战略资产。”“众议院最近提出的第1071号法案正在努力允许州长与核监管委员会达成协议,将铀开采和核能带回拉什莫尔州(南达科他州),该州仅在该州的西部就有近300个历史矿山和前景。”
Figure 1: Wolf Canyon Project Map
图 1:沃尔夫峡谷项目地图
Wolf Canyon Project, South Dakota
沃尔夫峡谷项目,南达科他州
The Wolf Canyon Uranium Project is comprised of 1,600 acres of contiguous claims (80 unpatented mineral lode claims) located 10 miles east of Edgemont, South Dakota. Access to the property is facilitated through US Highway 18, located two miles to the west, with year-round gravel and ATV roads servicing the claims. The Wolf Canyon project lies within the northeast trending Long Mountain structural zone with uranium mineralization hosted in the Inyan Kara sedimentary group. The uranium deposits of southwest South Dakota are roll-front style typically found in paleo-fluvial channels similar to those found in Wyoming and other productive districts. Exploration on Wolf Canyon dates back to the 1970's with several large companies having drilled numerous wells on the property. Specifically, resource drilling by Union Carbide Corp. in the 1970's reported uranium mineralization significant enough to commission an internal resource, however additional verification and validation must be performed by the Company's Qualified Person before being disclosed publicly.
沃尔夫峡谷铀项目由位于南达科他州埃奇蒙特以东10英里处的1,600英亩连续土地(80份未获得专利的矿脉索赔)组成。通过位于西部两英里处的美国18号高速公路可以方便地进入该物业,全年都有碎石路和全地形车道路为索赔提供服务。沃尔夫峡谷项目位于东北向的长山构造带内,铀矿化位于 Inyan Kara 沉积群中。南达科他州西南部的铀矿床是前倾式的,通常存在于古河流河道中,类似于怀俄明州和其他生产区的铀矿床。沃尔夫峡谷的勘探可以追溯到1970年代,有几家大公司在该物业上钻了许多口井。具体而言,联合碳化物公司在1970年代的资源钻探报告称,铀矿化程度足以委托内部资源,但是在公开披露之前,必须由该公司的合格人员进行额外的验证和验证。
Qualified Person:
合格人员:
R. Tim Henneberry, PGeo (B.C.), a technical advisor to the Company, is the Qualified Person as defined by National Instrument 43-101 who has reviewed and approved the technical data in this news release.
R. Tim Henneberry,pGeo(不列颠哥伦比亚省),公司的技术顾问,是国家仪器43-101定义的合格人员,他已经审查并批准了本新闻稿中的技术数据。
Option and Restricted Share Unit Grant
期权和限制性股票单位授予
The Company has granted a total of 267,211 stock options under the Company's stock option plan to various business consultants. The options vest immediately and are exercisable for a period of five years at an exercise price of $0.33.
该公司已根据公司的股票期权计划向多位商业顾问共授予267,211份股票期权。期权立即归属,可行使五年,行使价为0.33美元。
In addition, the Company has also issued an aggregate of 305,000 restricted share units ("RSUs") to certain officers, directors and consultants of the Company. The RSUs vest immediately and are exercisable for a period of five years. The incentive options and RSUs are subject to a hold period of four months and a day from issuance in accordance with the Canadian Securities Exchange Policy 6.
此外,公司还向公司的某些高管、董事和顾问共发行了30.5万个限制性股票单位(“RSU”)。限制性股票立即归属,行使期为五年。根据加拿大证券交易所政策6,激励期权和限制性股票单位自发行之日起的持有期为四个月零一天。
Investor Relations
投资者关系
The Company has entered into an agreement dated February 6, 2024 (the "IR Agreement") with Brisco Capital Partners Corp. ("Brisco") pursuant to which Brisco will provide the Company with marketing and investor relations services to expand investor awareness of the Company's business and to communicate with the investment community (the "Promotional Activity"). The Promotional Activity will include liaising with the investment community, introducing the management of the Company to investors, assisting in the presentation of information to those potential investors, and may also include the organization of roadshows. The Company has engaged Brisco for a term of 12 months, unless extended by the parties, and the Promotional Activity is expected to commence on February 6, 2024 and is expected to end on or around February 6, 2025. The Company is permitted to terminate the IR Agreement at any time upon giving 30 days of notice to Brisco.
该公司已于2024年2月6日签订了一项协议(”投资者关系协议“)与布里斯科资本合伙人公司(”布里斯科“) 根据该协议,Brisco将向公司提供营销和投资者关系服务,以扩大投资者对公司业务的认识并与投资界进行沟通(”促销活动“)。促销活动将包括与投资界联络,向投资者介绍公司的管理层,协助向这些潜在投资者介绍信息,还可能包括组织路演。除非双方延期,否则该公司与Brisco的聘用期限为12个月,促销活动预计将于2024年2月6日开始,预计将于2025年2月6日左右结束。公司在向Brisco发出30天通知后,可以随时终止投资者关系协议。
As consideration for the provision of the Promotional Activity, and pursuant to the terms and conditions of the IR Agreement, the Company has agreed to (i) pay Brisco a monthly fee of $7,500, (ii) grant Brisco 250,000 stock options (the "Brisco Options"), and (iii) reimburse Brisco for all reasonable out of pocket expenses. The Brisco Options, 25% of which will vest every three months following the date of grant, will be exercisable to acquire common shares at a price of $0.33 for a period of five years from the date of grant.
作为提供促销活动的对价,根据投资者关系协议的条款和条件,公司已同意(i)向Brisco支付7,500美元的月费,(ii)向Brisco授予25万份股票期权(”布里斯科期权“),以及(iii)向布里斯科偿还所有合理的自付费用。Brisco Options的25%将在授予之日起每三个月进行一次归属,自授予之日起五年内可以行使以0.33美元的价格收购普通股。
Brisco is an Alberta-based, full-service investor relations firm with more than two decades of experience working with publicly listed Canadian issuers, with a particular focus on resource companies. Brisco assists its clients with formulating and implementing an investor relations and communication strategy, including introducing its clients to a broad network of high-net-worth investors, retail brokers, institutional buyside portfolio managers and industry-specific analysts. Scott Koyich, the principal of Brisco, with an address located at 400, 505 8th Avenue SW. Calgary, Alberta, T2P 1G2 and who can be contacted at (403) 619-2200 and scott@briscocapital.com, will be involved in conducting the Promotional Activity. Brisco and Scott Koyich are arm's length from the Company.
Brisco是一家总部位于艾伯塔省的提供全方位服务的投资者关系公司,在与加拿大上市发行人合作方面拥有二十多年的经验,特别关注资源公司。Brisco协助其客户制定和实施投资者关系和沟通策略,包括向其客户介绍由高净值投资者、零售经纪商、机构买方投资组合经理和特定行业分析师组成的广泛网络。斯科特·科伊奇是布里斯科的负责人,地址位于西南第八大道505号400号。艾伯塔省卡尔加里、T2P 1G2以及可致电 (403) 619-2200和 scott@briscocapital.com 与其联系,他们将参与促销活动的开展。布里斯科和斯科特·科伊奇与公司保持一定距离。
About Basin Uranium Corp.
关于盆地铀公司
Basin Uranium is a Canadian junior exploration company focused on mineral exploration and development in the green energy sector. The company has three advanced-stage uranium projects located in the United States, namely the Chord and Wolf Canyon project in South Dakota, the South Pass project in Wyoming, and the Wray Mesa project in Utah. All four projects have seen extensive historical exploration and are located in prospective development areas. The Company also has the Mann Lake uranium project, located in the world-class Athabasca basin of Northern Saskatchewan, Canada, in addition to the CHG gold project in south-central British Columbia.
Basin Uranium是一家加拿大初级勘探公司,专注于绿色能源领域的矿产勘探和开发。该公司在美国有三个处于后期阶段的铀项目,即南达科他州的乔德和沃尔夫峡谷项目、怀俄明州的南山口项目和犹他州的雷梅萨项目。所有四个项目都经过了广泛的历史探索,并位于潜在的开发区。该公司还有位于加拿大萨斯喀彻温省北部世界级阿萨巴斯卡盆地的曼恩湖铀项目,此外还有位于不列颠哥伦比亚省中南部的CHG金矿项目。
For further information, please contact Mr. Mike Blady or view the Company's filings at .
欲了解更多信息,请联系Mike Blady先生或在以下网址查看公司的文件。
On Behalf of the Board of Directors
Mike Blady
Chief Executive Officer
info@basinuranium.ca
604-722-9842
代表董事会
迈克·布莱迪
首席执行官
info@basinuranium.ca
604-722-9842
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。
FORWARD-LOOKING STATEMENTS:
前瞻性陈述:
Cautionary Note Regarding Forward-Looking Statements: This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, timing, assumptions or expectations of future performance are forward-looking statements and contain forward-looking information. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-Looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this news release. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary include, without limitation, uncertainties affecting the expected use of proceeds. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.
关于前瞻性陈述的警示说明:本新闻稿包括某些陈述和信息,这些陈述和信息可能构成适用的加拿大证券法所指的前瞻性信息。除历史事实陈述外,本新闻稿中的所有陈述,包括有关未来估计、计划、目标、时机、假设或未来业绩预期的陈述,均为前瞻性陈述,包含前瞻性信息。通常,前瞻性陈述和信息可以通过使用诸如 “打算” 或 “预期” 之类的前瞻性术语来识别,或者某些行为、事件或结果 “可能”、“应该”、“将” 或 “发生” 的此类词语和短语或陈述的变体。前瞻性陈述基于公司做出的某些重大假设和分析以及管理层截至本新闻发布之日的观点和估计。这些前瞻性陈述受已知和未知风险、不确定性和其他因素的影响,这些因素可能导致公司的实际业绩、活动水平、业绩或成就与此类前瞻性陈述或前瞻性信息所表达或暗示的结果存在重大差异。可能导致实际结果变化的重要因素包括但不限于影响收益预期用途的不确定性。尽管公司管理层试图确定可能导致实际业绩与前瞻性陈述或前瞻性信息中包含的业绩存在重大差异的重要因素,但可能还有其他因素导致业绩不如预期、估计或预期。无法保证此类陈述会被证明是准确的,因为实际结果和未来事件可能与此类陈述中的预期存在重大差异。因此,读者不应过分依赖前瞻性陈述和前瞻性信息。请读者注意,依赖此类信息可能不适合用于其他目的。除非根据适用的证券法,否则公司不承诺更新此处以引用方式纳入的任何前瞻性陈述、前瞻性信息或财务前景。