NewOrigin Announces Extension of Non-Brokered Private Placement and Management Change
NewOrigin Announces Extension of Non-Brokered Private Placement and Management Change
Toronto, Ontario--(Newsfile Corp. - March 1, 2024) - NewOrigin Gold Corp. (TSXV: NEWO) ("NewOrigin" or the "Company") announces that the TSX Venture Exchange ("TSX-V") has agreed to extend the closing of its non-brokered private placement financing (the "Offering"), first announced on January 17, 2024, to on or before April 3, 2024. The Offering shall be composed of the sale of up to 15,000,000 flow-through units (the "FT Units") at a price of $0.06 per FT Unit, for total gross proceeds to the Company of up to $900,000 and 10,000,000 common share units (the "Common Share Units") at a price of $0.04 per Common Share Unit, for total gross proceeds of up to $400,000. All terms of the Offering other than the extension of the closing date as described herein remain unchanged.
安大略省多伦多--(Newsfile Corp.,2024 年 3 月 1 日)— Neworigin Gold Corp. (TSXV: NEWO) (“newOrigin“或者”公司“) 宣布多伦多证券交易所风险投资交易所 (”TSX-V“)已同意延长其非经纪私募融资的截止时间(”提供“),于2024年1月17日首次宣布,至2024年4月3日当天或之前。本次发行应包括出售多达15,000,000个流通单位(”英尺单位“)以每英尺单位0.06美元的价格计算,公司的总收益最高为90万美元和1,000万股普通股单位(”普通股单位“),每股普通股的价格为0.04美元,总收益最高为40万美元。除本文所述的延长截止日期外,本次发行的所有条款均保持不变。
The securities issued pursuant to the Offering will be subject to a statutory four month and one day hold period. Closing of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX-V.
根据本次发行发行的证券将有四个月零一天的法定持有期。本次发行的结束需满足某些条件,包括但不限于获得所有必要的批准,包括多伦多证券交易所的批准。
Proceeds from the sale of the FT Units will be used by the Company primarily to conduct a diamond drilling program at its Sky Lake gold project in northwestern Ontario. The gross proceeds raised from the sale of Common Share Units will be used for general working capital purposes.
出售英国《金融时报》单位的收益将主要用于该公司在安大略省西北部的Sky Lake金矿项目进行钻石钻探项目。出售普通股单位筹集的总收益将用于一般营运资金用途。
The Sky Lake project is 100% owned and comprised of 446 single cell claims and 29 patent mining claims covering a 27 kilometre long, prospective, gold-bearing rock sequence. The patent claims host a small, historical gold resource (non-compliant with National Instrument 43-101) that was discovered and partially delineated during the 1950's. This resource was briefly examined during the 1980's by LAC Minerals Ltd. and no other resource drilling has been conducted since then. Sky Lake is favorably located near infrastructure southwest of the Pickle Lake gold mining district and along trend from the past-producing Golden Patricia mine to the west and the Dona Lake mine to the east. NewOrigin has conducted geological, geophysical and geochemical surveys at Sky Lake to assist with the evaluation of targets for drilling, aimed at expanding the historical mineral resource estimate and testing new high-priority targets.
Sky Lake项目由100%所有权,包括446项单细胞索赔和29项专利采矿索赔,涵盖了长达27千米、具有前景的含金岩石序列。专利权主张包含少量历史黄金资源(不符合国家仪器43-101标准),该资源是在20世纪50年代发现并部分划定的。LAC矿业有限公司在20世纪80年代对该资源进行了简要检查,此后没有进行过其他资源钻探。天湖地理位置优越,靠近泡菜湖金矿区西南部的基础设施,西边是过去生产的金帕特里夏矿,东边是多纳湖矿。NewoRigin已在Sky Lake进行了地质、地球物理和地球化学调查,以协助评估钻探目标,旨在扩大历史矿产资源估算范围并测试新的高优先目标。
The Company also announces that Andrew Thomson has stepped down from his roles as CEO and Lead Director of NewOrigin, but will remain as a director of the Company. Andrew served in the former positions to enable the Company to initiate the search for a full-time president, however his work obligations with other entities has necessitated his reduced role with NewOrigin. The Company wishes to thank Andrew for his service and dedication in his role as CEO over the last three years. Robert Valliant, the Company's Chairman, will act as interim CEO while new candidates for the position are being considered.
该公司还宣布,安德鲁·汤姆森已辞去NewoRigin首席执行官兼首席董事的职务,但将继续担任公司董事。安德鲁曾在以前的职位上任职,使公司能够开始寻找全职总裁,但是由于他在其他实体的工作义务,他不得不减少在NewoRigin的职位。公司要感谢安德鲁在过去三年担任首席执行官期间所提供的服务和奉献精神。公司董事长罗伯特·瓦利安特将担任临时首席执行官,同时正在考虑该职位的新候选人。
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this news release 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, and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements.
本新闻稿不构成美国本新闻稿中描述的任何证券的卖出要约或购买要约的邀请。所发行的证券过去和将来都不会根据经修订的1933年《美国证券法》进行注册,如果没有注册或适用的注册要求豁免,则不得在美国发行或出售。
About NewOrigin Gold Corp.
NewOrigin Gold Corp 公司简介
NewOrigin Gold Corp. is a Canadian exploration company focused on drill discovery at its gold projects in the Canadian Shield. NewOrigin's management and board have extensive experience in the delineation and development of gold deposits. NewOrigin Gold trades on the TSX Venture Exchange under the ticker "NEWO".
NewoRigin Gold Corp. 是一家加拿大勘探公司,专注于在加拿大盾牌的黄金项目中发现钻探。NewoRigin的管理层和董事会在金矿的划定和开发方面拥有丰富的经验。NewOrigin Gold在多伦多证券交易所风险交易所上市,股票代码为 “NEWO”。
For Further Information Contact:
欲了解更多信息,请联系:
Robert Valliant, Chairman and Interim CEO
explore@neworigingold.com or visit
Robert Valliant,董事长兼临时首席执行官
explore@neworigingold.com 或访问
Cautionary Statement regarding Forward-Looking Statements:
关于前瞻性陈述的警示声明:
Neither 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 includes certain "forward-looking statements" which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management's expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the intention to complete the Offering, the Company's objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, the Company's ability to obtain all approvals required in connection with the foregoing, failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate First Nations and other indigenous peoples, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company's public documents filed on SEDAR+. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
本新闻稿包括某些不包含历史事实的 “前瞻性陈述”。前瞻性陈述包括描述公司未来计划、目标或目标的估计和陈述,包括大意为公司或管理层预计将出现既定条件或结果的言论。前瞻性陈述可以用 “相信”、“预期”、“预期”、“估计”、“可能”、“可能”、“将”、“将” 或 “计划” 等术语来识别。由于前瞻性陈述基于假设并涉及未来的事件和状况,因此就其本质而言,它们涉及固有的风险和不确定性。尽管这些陈述基于公司目前获得的信息,但公司无法保证实际业绩将符合管理层的预期。前瞻性信息所涉及的风险、不确定性和其他因素可能导致实际事件、结果、业绩、前景和机会与此类前瞻性信息所表达或暗示的事件、业绩、前景和机会存在重大差异。本新闻稿中的前瞻性信息包括但不限于完成本次发行的意向、公司的目标、目标或未来计划、声明、勘探结果、潜在矿化、矿产资源估计、勘探和矿山开发计划、开始运营的时间以及对市场状况的估计。可能导致实际结果与此类前瞻性信息存在重大差异的因素包括但不限于公司获得与上述有关的所有批准的能力、未能识别矿产资源、未能将估计的矿产资源转化为储量、无法完成建议生产决策的可行性研究、冶金测试结果的初步性质、延迟获得或未能获得所需的政府、环境或其他项目批准,政治风险、无法履行容纳原住民和其他土著人民的责任、与未来所需融资的可得性和成本有关的不确定性、股票市场的变化、通货膨胀、汇率变动、大宗商品价格波动、项目开发延迟、资本和运营成本与估计值以及矿产勘探和开发行业涉及的其他风险有很大差异,以及公司在SEDAR+上提交的公开文件中列出的风险。尽管公司认为在本新闻稿中准备前瞻性信息时使用的假设和因素是合理的,但不应过分依赖此类信息,这仅适用于本新闻稿发布之日,也无法保证此类事件将在披露的时间范围内发生或根本无法保证。除非法律要求,否则公司不打算或义务更新或修改任何前瞻性信息,无论这些信息是由于新信息、未来事件还是其他原因造成的。
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