Early Warning Report Issued Pursuant to National Instrument 62-103 - Acquisition of Securities of Spanish Mountain Gold Ltd.
Early Warning Report Issued Pursuant to National Instrument 62-103 - Acquisition of Securities of Spanish Mountain Gold Ltd.
Vancouver, British Columbia--(Newsfile Corp. - June 3, 2024) - Spanish Mountain Gold Ltd. (TSXV: SPA) (FSE: S3Y) (the "Company" or "Spanish Mountain Gold") announces Lembit Janes (the "Acquiror") announces that he acquired 4,761,905 units (the "Units") of the Issuer at a price of $0.21 per Unit (the "Trigger Event") for a total subscription price of $1,000,000.01. Each Unit consisted of one common share (a "Common Share") in the capital of the Company and one-half of one common share purchase warrant (each whole warrant, a "Warrant"), with each Warrant entitling the holder thereof to acquire one additional Common Share at a price of $0.25 per Common Share until May 30, 2026.
温哥华,不列颠哥伦比亚省--(新闻资料公司-2024年6月3日)--西班牙山黄金有限公司。(TSXV:SPA)(FSE:S3Y)(“Acquiror”)宣布其以每个单位0.21美元的价格收购了4,761,905个发行人的单位(“Units”),总认购价格为1,000,000.01美元。每个单位包括一股公司股本中的普通股(一个“Common Shares”)和半个普通股购股权证(每个完整的权证即为“Warrant”),每个权证都使持有者有权以每股0.25美元的价格购买一股普通股,直到2026年5月30日。公司计划议程西班牙山黄金(“Acquiror”)林比特·贾恩斯(“Lembit Janes”)宣布收购方收购方宣布已以每个单位0.21美元的价格收购了4,761,905个发行人的单位(“Units”)。单位以每股0.21美元的价格购买发行人的一个单位("触发事件共认购价格为1,000,000.01美元的一个单位("任一单位"), 包括一股公司的普通股("普通股 分享以每股0.21美元的价格购买公司的一个单位(一个"单位"), 包括公司的一个普通股票和半个普通股购买权证(每个完整的认股权证,"权证每个权证都使持有者有权以每股0.25美元的价格购买一股普通股,直到2026年5月30日。
The Trigger Event increased the aggregate number of Common Shares which the Acquiror beneficially owns and exercises control or direction over by more than 2% of the issued and outstanding Common Shares.
触发事件使收购方拥有及行使对超过发行的普通股的控制权超过2%。
Prior to the acquisitions, the Acquiror owned and/or had control over an aggregate of 56,974,548 Common Shares, representing approximately 15.28% of the issued and outstanding Common Shares on an undiluted basis. The Acquiror also owned and/or had control over an aggregate of 11,309,524 Warrants, and 300,000 stock options (the "Options").
在收购之前,Acquiror拥有或控制着56974548股普通股的总和,占不稀释基础普通股总数的15.28%。Acquiror还拥有或控制着11309524张权证和300,000股期权(“Options”)Options").
Following the Acquisitions, the Acquiror owns and/or has control over an aggregate of 61,736,453 Common Shares, representing approximately 16.55% of the issued and outstanding Common Shares on an undiluted basis. The Acquiror also owns and/or has control over an aggregate of 11,309,524 Warrants, entitling the Acquiror to purchase 11,309,524 Common Shares, and 300,000 Options, entitling the Acquiror to purchase an additional 300,000 Common Shares. If the Acquiror exercises all of his Warrants and Options, he would then own and/or have control over, directly or indirectly, 75,726,929 Common Shares, representing approximately 18.85% of the issued and outstanding Common Shares of the Issuer on a partially diluted basis.
在收购完成后,Acquiror拥有或控制着61736453股普通股的总和,占不稀释基础普通股总数的16.55%。收购方还拥有或控制着11309524张权证,使其有权购买11309524股普通股,以及300,000份期权,使其有权购买额外的300,000股普通股。如果收购方行使了所有权证和期权,他直接或间接地拥有或控制75,726,929股普通股,占部分稀释基础普通股总数的18.85%。
The Acquiror may, depending on market and other conditions, increase or decrease his ownership of the Company's securities, whether in the open market, by privately negotiated agreements or otherwise, subject to a number of factors, including general market conditions and other available investment and business opportunities.
根据市场和其他条件,Acquiror可能增加或减少其拥有公司证券的数量,不论是在公开市场上还是通过私下协商的协议或其他方式,取决于许多因素,包括一般市场条件和其他可用的投资和商业机会。
For further information, or to obtain a copy of the Early Warning Report filed under applicable securities laws, please contact Lembit Janes at (416) 882-7392.
如果您需要进一步了解信息或获取根据适用证券法规提出的早期预警报告副本,请联络Lembit Janes,电话号码为(416)882-7392。
About Spanish Mountain Gold
Spanish Mountain Gold is advancing its 100% owned Spanish Mountain Gold project towards construction of the next gold mine in the Cariboo Gold Corridor, British Columbia. Our immediate focus is to conduct an integrated Whittle Enterprise Optimization to identify the highest potential value-add improvements while increasing the understanding of the high-grade geologic controls and associated drill targets that could upgrade and expand the gold resource. We are striving to be a leader in community and indigenous relations by leveraging technology and innovation to build the 'greenest' gold mine in Canada. The Relentless Pursuit for Better Gold means seeking new ways to achieve optimal financial outcomes that are safer, minimizes environmental impact and create meaningful sustainability for communities. Details on the Company are available on and on the Company's website: .
关于西班牙山金矿
西班牙山金矿正在推进其在不列颠哥伦比亚省卡里布金走廊的100%自有西班牙山金矿项目,以建设下一个金矿。 我们的直接关注点是开展集成Whittle企业优化,以确定潜在价值增值改进的最高潜力,同时加强对高品位地质控制和相关钻探目标的理解,这些目标可升级和扩大黄金资源。 我们正在使用科技和创新,努力成为社区和土著关系领域的领导者,以建造加拿大最“绿色”的金矿。探索更好的黄金之路意味着寻求新的方法来实现更加安全、环保和可持续性对社区有意义的最佳财务结果。关于公司的详细信息,请访问网站或公司的网站:。
On Behalf of the Board,
"Peter Mah"
President, Chief Executive Officer and Director
Spanish Mountain Gold Ltd.
代表董事会,
“Peter Mah”
总裁,首席执行官兼董事
西班牙山金矿有限公司。
For more information, contact:
Peter Mah, CEO
(604) 601-3651
info@spanishmountaingold.com
如需更多信息,请联系:
Peter Mah,首席执行官
(604)601-3651
info@spanishmountaingold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in 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的政策中所定义的那样)均不对本发布的充分性或准确性承担责任。
FORWARD-LOOKING STATEMENTS:
Certain of the statements and information in this press release constitute "forward-looking statements" or "forward-looking information" Any statements or information that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", "anticipates", "believes", "plans", "estimates", "intends", "targets", "goals", "forecasts", "objectives", "potential" or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements or information. The Company's forward-looking statements and information are based on the assumptions, beliefs, expectations and opinions of management as of the date of this press release, and other than as required by applicable securities laws, the Company does not assume any obligation to update forward-looking statements and information if circumstances or management's assumptions, beliefs, expectations or opinions should change, or changes in any other events affecting such statements or information. For the reasons set forth above, investors should not place undue reliance on forward-looking statements and information.
前瞻性声明:
本新闻发布中的某些声明和信息构成“前瞻性声明”或“前瞻性信息”。任何表示或涉及预测、期望、信念、计划、投影、目标、假设或未来事件或绩效(通常但并非总是使用“期望”、“预计”、“相信”、“计划”、“估计”、“意图”、“目标”、“预测”、“目标”、“前景”、“潜力”或其变体或类似表达式)的任何声明或信息都不是历史事实的陈述可能是前瞻性声明或信息。 本公司的前瞻性声明和信息是基于管理层截至本新闻发布日期的假设、信念、期望和意见,并且除了适用的证券法律规定外,本公司不承担更新前瞻性声明和信息的任何义务,如果情况或管理层的假设、信念、期望或意见发生变化,或发生任何其他影响此类声明或信息的事件的变化。由于上述原因,投资者不应过度依赖前瞻性声明和信息。