Pacific Empire Announces Closing of Oversubscribed Non-Brokered Private Placement Financing
Pacific Empire Announces Closing of Oversubscribed Non-Brokered Private Placement Financing
Vancouver, British Columbia--(Newsfile Corp. - May 6, 2024) - Pacific Empire Minerals Corp. (TSXV: PEMC) ("Pacific Empire", "PEMC" or the "Company"), a British Columbia copper-gold explorer, is pleased to announce the closing of its previously announced non-brokered, private placement financing 14,450,000 units at a price of $0.05 per unit (the "Units") for gross proceeds of $722,500 (the "Offering"). Each Unit consists of one common share in the capital of the Company ("Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to acquire one Common Share at an exercise price of $0.08 per Common Share for a period of 36 months from the closing date of the Offering.
太平洋帝国矿业公司(TSXV:PEMC)(“太平洋帝国”、“PEMC”或“公司”)是一家总部位于不列颠哥伦比亚省的铜-黄金勘探公司,很高兴宣布其此前宣布的非经纪定向增发融资完成,发行了1445万个单位,每单位价格为$ 0.05表示的普通股(“普通股”)和一份普通股认购权证(“权证”),总募集资金722,500美元(“募集”)。每份单位包括1股公司普通股和1份普通股认购权证。每份权证将使持有人有权在募集完成后的36个月内以0.08美元的行使价格购买1股普通股。
The funds will be used for exploration on its flagship Trident copper-gold-silver porphyry project and for general working purposes.
这些资金将用于太平洋帝国旗舰项目“三叉戟”铜-黄金-白银伏晶岩的勘探和一般营运。
In connection with the Offering, an aggregate total of C$26,075 in cash finder's fees were paid and 521,500 finder's warrants (the "Finder's Warrants") were issued to qualified parties. The Finder's Warrants are subject to the same terms as the Warrants issued in the Offering.
在定向增发完成时,向合格方发放了总计26,075加元的现金寻找者酬金并发行了521,500张寻找者认购权证(“寻找者权证”)。寻找者权证与募集发行的权证具有同等条款。
Certain insiders of the Company acquired Units in the Offering, for an aggregate total of 1,200,000 Units and gross proceeds of $60,000. The participation by such insiders in the Offering constituted a "related party transaction" as defined under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Such participation was exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 based on the fact that neither the fair market value of the Units subscribed for by the insiders, nor the consideration for the Units paid by such insiders, exceeded 25% of the Company's market capitalization.
公司的某些内部人士通过认购单位合计1,200,000个单位参与了募集,并获得了60,000美元的募集总收益。这些内部人士参与募集构成了根据《多项行动令61-101-保护少数股东在特定交易中的证券法》(“MI 61-101”)的“关联方交易”。根据实际情况,此类内部股东认购的单位的公允市场价值,以及此类内部股东支付的单位对价,均未超过公司市值的25%,因此豁免了MI 61-101的正式估值和少数股东批准要求。
All securities issued in connection with the Offering (being the Common Shares, Warrants and Finder's Warrants), are subject to a statutory hold period expiring September 7, 2024.
与募集有关的所有证券(即普通股,权证和寻找者权证)均受到法定限制期的限制,期限至2024年9月7日到期。
About Pacific Empire
关于太平洋帝国
Pacific Empire is a copper exploration company based in Vancouver, British Columbia and trades on the TSX Venture Exchange under the symbol PEMC. The Company has a district scale land position in north-central British Columbia totaling 22,541 hectares.
太平洋帝国是一家铜勘探公司,总部位于不列颠哥伦比亚省,在TSX Venture Exchange(股票代号:PEMC)上交易。该公司在不列颠哥伦比亚省北部拥有22,541公顷的区域性土地位置。
British Columbia is a "Green" copper jurisdiction with abundant hydroelectric power, access and infrastructure in close proximity to the end market.
不列颠哥伦比亚是一个“绿色”的铜产地,拥有充足的水力发电,与最终市场的接近和交通基础设施。
ON BEHALF OF THE BOARD,
代表董事会
"Brad Peters"
President and Chief Executive Officer
"Brad Peters"
总裁兼首席执行官
Pacific Empire Minerals Corp.
Tel: +1-604-356-6246
brad@pemcorp.ca
太平洋帝国矿产公司。
电话:+1-604-356-6246
电邮:brad@pemcorp.ca
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.
tsxv的监管服务提供商(在其政策中定义该术语)对本公告的充分性或准确性不承担责任。
Forward-Looking Statements
Information set forth in this news release may involve forward-looking statements under applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. All statements, other than statements of historical fact, included herein including, without limitation: the funds will be used for exploration on its flagship Trident copper-gold-silver porphyry project and for general working purposes, are forward-looking statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: the need for additional financing; operational risks associated with mineral exploration; fluctuations in commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; the potential for conflicts of interest among certain officers, directors or promoters with certain other projects; the absence of dividends; competition; dilution; the volatility of our common share price and volume and the additional risks identified the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made, and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements.
前瞻性声明
本新闻稿中提供的信息可能涉及适用证券法的前瞻性声明。前瞻性声明是指与未来而非过去有关的声明。在此背景下,前瞻性声明经常涉及预期的未来业务和财务绩效,并经常包含诸如“预期”、“相信”、“计划”、“估计”、“期望”和“打算”的词语以及一个现动作或事件“可能”、“可能”、“可能”、“应该”或“将”发生,或其他类似表达。除历史事实陈述外,包括但不限于指出募集将用于探索其旗舰三叉戟铜-黄金-白银伏晶岩项目和一般工作目的等声明均为前瞻性声明。由于其性质,前瞻性声明涉及已知和未知的风险、不确定性和其他因素,这些因素可能导致我们的实际结果、业绩或业绩或其他未来事件与任何未来结果、业绩或表达的前瞻性声明所反映或暗示的任何未来结果、业绩或成就本质上不同。此类因素包括但不限于以下风险:需要额外的融资;与矿物探勘相关的营运风险;商品价格波动;标题事宜;环境责任索赔和保险;依赖关键人员;公司某些决策者、董事或推动者与某些其他项目之间的潜在利益冲突;没有股息;竞争;稀释;我们普通股价格和成交量的波动,以及在我们的中期和最新年度财务报表或其他报告和文件以及适用的加拿大证券法规中认可的其他风险。公司基于管理层的信仰、估计和意见于声明发表日期进行前瞻性声明,如果这些信仰、估计和意见或其他情况发生变化,公司将不承担更新前瞻性声明的义务,但受适用证券法规的限制。投资者应谨慎对待将过度确定性归为前瞻性声明。
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