Riley Gold Closes Oversubscribed Private Placement Including Lead Order From Kinross
Riley Gold Closes Oversubscribed Private Placement Including Lead Order From Kinross
Vancouver, British Columbia--(Newsfile Corp. - April 3, 2024) - Riley Gold Corp. (TSXV: RLYG) (OTCQB: RLYGF) ("Riley Gold" or the "Company") is pleased to report it has closed its private placement, as previously announced on March 14, 2024, and March 20, 2024. Riley Gold has issued 10,000,000 units at C$0.15 per Unit ("Unit") for total gross proceeds of C$1,500,000 (the "Private Placement").
不列颠哥伦比亚省温哥华--(Newsfile Corp.-2024 年 4 月 3 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“)很高兴地报告,正如先前在2024年3月14日和2024年3月20日宣布的那样,它已经完成了私募配售。Riley Gold 已以每单位 0.15 加元的价格发行了 10,000,000 个单位(”单元“) 总收益为 1,500,000 加元(”私募配售“)。
Under the Private Placement, Kinross Gold Corporation subscribed for 2,217,815 Units, representing a 9.9% ownership interest in the Company on a partially diluted basis including share purchase warrants (the "Kinross Investment"). Each Kinross Investment Unit is comprised of one common share of the Company (a "Share") and one share purchase warrant (a "Kinross Warrant"). Each Kinross Warrant will entitle Kinross Gold Corporation 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认购了2,217,815个单位,相当于该公司9.9%的所有权,按部分摊薄计算,包括股票购买权证(”金罗斯投资“)。每个Kinross投资单位均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 Gold Corporation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 are 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.
其余的私募股权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。
The Private Placement included participation by insiders of the Company in the aggregate amount of 3,037,185 Units. The participation in the placement by these insiders constitutes a related party transaction within the meaning of Policy 5.9 of the TSX Venture Exchange and Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). In connection with the participation by the insiders, the Company relied upon the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 set forth in sections 5.5(a) and 5.7(1)(a) of MI 61-101 on the basis that the fair market value (as determined under MI 61-101) of the participation did not exceed twenty-five percent of the market capitalization of the Company (as determined under MI 61-101).
私募股权包括公司内部人士的参与,总金额为3,037,185个单位。根据多伦多证券交易所风险交易所和多边文书第5.9号政策61-101,这些内部人士参与配售构成关联方交易- 在特殊交易中保护少数证券持有人 (”MI 61-101“)。关于内部人士的参与,公司依赖密歇根州61-101第5.5(a)和5.7(1)(a)节中规定的密歇根州61-101正式估值和少数股东批准要求的豁免,理由是参与的公允市场价值(根据MI 61-101确定)不超过公司市值的百分之二十五(根据MI 61-101确定)。
All securities issued under the Private Placement will be subject to a hold period of four months and one day from the closing date. In connection with the closing of the Private Placement, the Company paid finders' fees totaling $25,568. 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。在私募的完成方面,公司支付了总额为25,568美元的发现者费用。私募和发起人费用须经监管部门批准。
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 completion 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 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,包括有关私募完成情况以及公司、其董事或高级管理人员对公司未来业务活动的计划、意向、信念和当前预期的陈述。“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,并可通过SEDAR+网站进行访问()。无法保证此类信息会被证明是准确的,因此,建议读者依靠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。
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION
MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.
本新闻稿不适用于分发给美国新闻专线服务
或用于在美国传播。任何不遵守此限制的行为
可能构成对美国证券法的违反。