Pacific Ridge Announces $2.0M Private Placement
Pacific Ridge Announces $2.0M Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 23, 2024) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") announces a non-brokered private placement (the "Offering") for aggregate gross proceeds of up to C$2,000,000 from the sale of non-flow through units of the Company (each, a "Unit") at a price of C$0.07 per Unit, flow-through units of the Company (each, a "FT Unit") at a price of C$0.08 per FT Unit, and FT Units to be sold to charitable purchasers (each, a "Charity FT Unit", and together with the Units and FT Units, the "Offered Securities") at a price of C$0.115 per Charity FT Unit. Red Cloud Securities Inc. will be acting as a finder in connection with the Offering.
加拿大温哥华-(Newsfile Corp. - 2024年5月23日) - 太平洋岭勘探有限公司(TSXV:PEX)(OTCQB:PEXZF)(FSE:PQWN)("太平洋岭勘探"或"公司")宣布非经纪人定向增发("本次发行")份额产品的总收益高达200万加元,包括出售公司非流通单元(每个"单位")以0.07加元单价、公司流通股份产品(每个"FT Unit")以0.08加元单价,以及流通性股票产品(每个"慈善 FT Unit")以0.115加元单价。Red Cloud Securities Inc.作为本次发行的售卖方。
Each Unit will consist of one common share of the Company (each, a "Common Share") and one Common Share purchase warrant (each whole warrant, a "Warrant"). Each FT Unit and Charity FT Unit will consist of one Common Share to be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) (each, a "FT Share") and one Warrant. Each Warrant will entitle the holder thereof to purchase one Common Share at a price of C$0.12 for a period of 24 months following the issue date of the Offered Security.
每一股份产品包括一份公司普通股份(其中每一"普通股")和一份股票认购权证(每一个完整的认购权证为"权证")。每一流通股份产品和慈善流通股份产品包括一份在加拿大所得税法("加拿大所得税法")意义下发行为"流通股份"的一份普通股份(即一个"流通股份")和一份权证。每一份认购权证将使持有人有权在发行日后的24个月内以0.12加元的价格购买一份普通股份。
Pacific Ridge intends to use the proceeds raised from the Offering for general working capital and for exploration at Pacific Ridge's flagship Kliyul copper-gold project as well as for exploration at the Company's other projects in British Columbia and the Yukon. Proceeds from the sale of FT Shares will be used to incur "Canadian exploration expenses" as defined in subsection 66.1(6) of the Income Tax Act (Canada) and "flow through mining expenditures" as defined in subsection 127(9) of the Income Tax Act (Canada). Such proceeds will be renounced to the subscribers with an effective date not later than December 31, 2024, in the aggregate amount of not less than the total amount of gross proceeds raised from the issue of FT Shares.
Pacific Ridge计划使用从本次发行募集的资金用于一般营运资金,Kliyul铜-黄金项目的勘探,以及公司在不列颠哥伦比亚省和育空地区的其他项目的勘探。从出售Ft股份所得的收益将用于“加拿大勘探支出”(根据《所得税法》(加拿大)第66.1(6)条定义)和“流通过程矿业开支”(根据《所得税法》(加拿大)第127(9)条定义)的发生。此类收益将于2024年12月31日或之前放弃并分配给订阅用户,金额不得低于从发行Ft股份所得的总毛收益。
The closing of the Offering is subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange (the "TSXV"). Finder's fees will be payable in accordance with the policies of the TSXV. The securities issued under the Offering will be subject to a hold period ending on the date that is four months plus one day following the date of issue in accordance with applicable securities laws.
本次发行的结束将受到所有必要监管批准的约束,包括TSX Venture Exchange("TSXV")。将按照TSXV的政策支付找头费。根据适用证券法规的规定,发行的证券将受到从发行日期起四个月加一天的持有期约束。
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
本新闻稿不构成在美国出售或要约购买任何证券的要约。这些证券尚未根据美国1933年证券法(经修订)或任何州证券法进行注册,并且不得在没有根据美国证券法和适用的州证券法进行注册或可获得豁免的情况下,在美国境内或向美国人士提供或销售。
About Pacific Ridge
关于Pacific Ridge
Our goal is to become British Columbia's leading copper-gold exploration company. Pacific Ridge's flagship asset is its 100% owned Kliyul copper-gold project, located in the Quesnel Terrane close to existing infrastructure. In addition to Kliyul, the Company's project portfolio includes the RDP copper-gold project, the Chuchi copper-gold project, the Onjo copper-gold project, and the Redton copper-gold project, all located in British Columbia. Pacific Ridge would like to acknowledge that its B.C. projects are located in the traditional, ancestral and unceded territories of the Gitxsan Nation, McLeod Lake Indian Band, Nak'azdli Whut'en, Takla Nation, and Tsay Keh Dene Nation.
我们的目标是成为不列颠哥伦比亚省领先的铜金勘探公司。太平洋岭勘探的旗舰资产是其100%拥有的Kliyul铜金矿项目,位于靠近现有基础设施的Quesnel岩系区域。除了Kliyul之外,该公司的项目组合还包括位于不列颠哥伦比亚省的RDP铜金矿项目、Chuchi铜金矿项目、Onjo铜金矿项目和Redton铜金矿项目。太平洋岭勘探公司要感谢其不列颠哥伦比亚省的项目位于Gitxsan Nation、McLeod Lake Indian Band、Nak'azdli Whut'en、Takla Nation和Tsay Keh Dene Nation的传统,祖居和未经退让的领土。
On behalf of the Board of Directors,
代表董事会,
"Blaine Monaghan"
"Blaine Monaghan"
Blaine Monaghan
President & CEO
Pacific Ridge Exploration Ltd.
Blaine Monaghan
总裁兼首席执行官
Pacific Ridge Exploration Ltd.
Investor Relations:
Tel: (604) 687-4951
Email: ir@pacificridgeexploration.com
Website:
LinkedIn:
Twitter:
投资者关系:
电话:(604)687-4951
电子邮件:ir@pacificridgeexploration.com
网站:
领英:
推特:
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.
TSX Venture Exchange及其监管服务提供者(如TSX Venture Exchange的政策所定义的那样)对此发布的充分性或准确性不承担任何责任。
Forward-Looking Information: This release includes certain statements that may be deemed "forward-looking statements." All statements in this release, other than statements of historical facts, which address exploration drilling and other activities and events or developments that Pacific Ridge Exploration Ltd. ("Pacific Ridge") expects to occur, are forward-looking statements. Forward-looking statements in this news release include statements regarding the Offering and receiving the necessary regulatory approvals. Although Pacific Ridge believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, that one of the options will be exercised, the ability of Pacific Ridge and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Pacific Ridge's proposed programs on reasonable terms, and the ability of third party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Pacific Ridge does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
前瞻性信息: 本公告包括某些可能被视为“前瞻性声明”的声明。除了涉及Pacific Ridge Exploration Ltd.(“Pacific Ridge”)预计会发生的勘探钻探和其他活动、事件或发展的历史事实陈述外,本公告中的所有陈述都是前瞻性声明。本新闻发布中的前瞻性陈述包括有关本次发行和获得必要的监管批准的声明。虽然Pacific Ridge认为此类前瞻性声明所表达的期望是基于合理的假设,但这些声明并不是未来绩效的保证,实际结果或发展可能与前瞻性声明所示大不相同。导致实际结果与前瞻性声明不同的因素包括市场价格、勘探成就、继续获得资本和融资的可用性以及一般经济、市场或业务条件。这些声明基于一些假设,包括但不限于一般业务和经济条件的假设、其中的一个期权将会行使、Pacific Ridge和其他方及时满足证券交易所和其他监管要求、Pacific Ridge拟议项目的融资以合理条款获得、以及第三方服务提供商能够及时提供服务的假设。投资者应注意,这些陈述并不是未来绩效的保证,实际结果或发展可能与前瞻性声明所示大不相同。Pacific Ridge不承担任何更新或修订其前瞻性声明的义务,除非适用法律另有规定。
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