Riley Gold Announces Increase in Private Placement
Riley Gold Announces Increase in Private Placement
Vancouver, British Columbia--(Newsfile Corp. - March 20, 2024) - Riley Gold Corp. (TSXV: RLYG) (OTCQB: RLYGF) ("Riley Gold" or the "Company") announces that due to investor demand it has increased the size of its private placement previously announced on March 14, 2024. Riley now proposes to issue up to 10,000,000 units at C$0.15 per Unit ("Units") for total gross proceeds of up to C$1,500,000 (the "Private Placement").
不列颠哥伦比亚省温哥华--(Newsfile Corp.-2024 年 3 月 20 日)- 莱利黄金公司(多伦多证券交易所股票代码:RLYG) (OTCQB: RLYGF) (”莱利·戈尔德“或者”公司“)宣布,由于投资者的需求,它扩大了先前于2024年3月14日宣布的私募规模。莱利现在提议以每单位0.15加元的价格发行多达1,000万个单位(”单位“) 总收益不超过 1,500,000 加元(”私募配售“)。
Under the Private Placement, Kinross Gold Corporation will subscribe for a 9.9% ownership interest in the Company on a partially diluted basis including share purchase warrants (the "Kinross Investment"). Each Kinross Investment Unit will be comprised of one common share of the Company (a "Share") and one share purchase warrant (a "Kinross Warrant"). Each Kinross Warrant will entitle Kinross to purchase for a period of sixty (60) months one additional Share at an exercise price of C$0.25.
根据私募配售,Kinross Gold Corporation将在部分摊薄的基础上认购该公司9.9%的所有权,包括股票购买权证(”金罗斯投资“)。每个Kinross投资单位将由公司的一股普通股组成(a”分享“) 和一份股票购买权证 (a) “金罗斯 搜查令“)。每份Kinross认股权证将使Kinross有权在六十(60)个月内以0.25加元的行使价额外购买一股股票。
The remaining Private Placement Units will be comprised of one Share and one share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase for a period of twenty-four (24) months one additional Share at an exercise price of C$0.25.
剩余的私募股权将由一股股票和一份股票购买权证组成 (a “逮捕令“)。每份认股权证将使持有人有权在二十四(24)个月内以0.25加元的行使价额外购买一股股票。
It is expected that certain directors and officers of the Company will participate in the Private Placement and are "related parties" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions of the Canadian Securities Administrators ("MI 61-101"). The participation of certain directors and officers in the Private Placement will constitute a "related party transaction" under MI 61-101. The Company intends to rely upon exemptions from the formal valuation and minority approval requirements of MI 61-101.
预计公司的某些董事和高级管理人员将参与私募配售,并且是多边文书61-101所指的 “关联方”- 在特殊交易中保护少数证券持有人 加拿大证券管理局的(”MI 61-101“)。根据MI 61-101,某些董事和高级管理人员参与私募将构成 “关联方交易”。该公司打算依靠对密歇根州61-101正式估值和少数股权批准要求的豁免。
All securities issued under the Private Placement will be subject to a hold period of four months and one day from the closing date. The Company may pay finders' fees in cash. The Private Placement and finders' fees are subject to regulatory approval.
根据私募发行的所有证券将自截止日起四个月零一天的持有期。公司可能以现金支付发现者费用。私募和发起人费用须经监管部门批准。
Net proceeds of the Private Placement will be used for project exploration and general working capital purposes.
私募的净收益将用于项目勘探和一般营运资金用途。
FOR FURTHER INFORMATION, PLEASE CONTACT:
欲了解更多信息,请联系:
Todd Hilditch
托德·希尔迪奇
Chief Executive Officer
首席执行官
Tel: (604) 443-3831
电话:(604) 443-3831
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。
Cautionary statement regarding forward-looking information
关于前瞻性信息的警示声明
This press release contains statements which constitute "forward looking information" under applicable Canadian securities laws, including statements regarding the closing of the Private Placement and Kinross Investment, the participation of directors and officers in the Private Placement and the use of proceeds of the Private Placement, as well as plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking information. Although Riley Gold believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because Riley Gold can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties and the Company's future business activities may differ materially from those in the forward-looking information as a result of various factors, including, but not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions and the ability to obtain the requisite approvals of the TSX Venture Exchange, or failure to meet other conditions to closing, to the transactions reflected in this press release. The Private Placement, Kinross Investment and other transactions may not be completed at all if these approvals are not obtained or some other condition to the closing is not satisfied. Investors are cautioned that any such forward-looking information is not a guarantee of future business activities and involves risks and uncertainties. Additional information on these and other factors that could affect Riley Gold operations and financial results are included in reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR+ website ().There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.
本新闻稿包含根据适用的加拿大证券法构成 “前瞻性信息” 的声明,包括有关私募和金罗斯投资的关闭、董事和高级管理人员参与私募和私募收益的使用以及公司、其董事或高级管理人员对公司未来业务活动的计划、意图、信念和当前预期的声明。“可能”、“将”、“可以”、“将”、“打算”、“计划”、“预期”、“相信”、“估计”、“期望” 等词语以及与公司或其管理层相关的类似表述旨在识别此类前瞻性信息。尽管莱利·戈德认为这些前瞻性陈述中反映的预期是合理的,但不应过分依赖它们,因为莱利·戈德无法保证这些预期会被证明是正确的。由于前瞻性陈述涉及未来的事件和状况,就其本质而言,它们涉及固有的风险和不确定性,由于各种因素,包括但不限于市场价格的波动、公司运营的成功、资本和融资的持续可用性以及总体经济、市场或业务状况以及获得多伦多证券交易所风险交易所必要批准的能力,或者未能满足其他条件才能成交,适用于本新闻稿中反映的交易。如果未获得这些批准或不满足其他成交条件,则私募配售、Kinross投资和其他交易可能根本无法完成。提醒投资者,任何此类前瞻性信息都不能保证未来的业务活动,并涉及风险和不确定性。有关这些因素以及其他可能影响Riley Gold业务和财务业绩的因素的更多信息包含在加拿大证券监管机构存档的报告中,可通过SEDAR+网站()访问。无法保证此类信息会被证明是准确的,因此,建议读者依赖自己对此类不确定性的评估。除非适用的证券法要求,否则公司不承担任何更新任何前瞻性信息的义务。
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MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.
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可能构成对美国证券法的违反。