Nevada Organic Phosphate Announces New Funding Target of $500,000, BLM Processes and Guidance
Nevada Organic Phosphate Announces New Funding Target of $500,000, BLM Processes and Guidance
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2024) - Nevada Organic Phosphate Inc. (CSE: NOP) ("NOP" or the "Company), a B.C. based company engaged in the exploration, in Nevada, for organic, sedimentary raw rock phosphate, wishes to provide an update to its previously announced non-brokered private placement. Further to the Company's news release dated May 18, 2024 and due to high investor interest, the Company is increasing its target for its current private placement from $150,000 to $500,000 (the "Offering"). The Company now intends to issue an aggregate of 10,000,000 units (each a "Unit") at a price of $0.05 per Unit, with each Unit consisting of one common share of the Company (each a "Share") and one common share purchase warrant exercisable at a price of $0.10 per Share for a period of five years from the date of closing.
加拿大卑诗省温哥华 - (新闻资讯公司 - 2024年6月12日) - 总部位于卑诗省的Nevada Organic Phosphate公司(CSE:NOP)(“NOP”或“公司”)一家在内华达州从事有机沉积原生岩磷勘探的公司,希望就其先前公布的非经纪人定向增发提供更新。根据公司于2024年5月18日发布的新闻稿,由于投资者高度关注,公司将其当前定向增发的目标从150,000美元提高至500,000美元(“增发计划)。公司现在打算发行10,000,000个单位(每个单位称为“单位”),每个单位的价格为每股0.05美元,每个单位包括公司的一股普通股(每股称为“分享”)和一份普通股购买期权,行权价为每股0.10美元,有效期为自关闭之日起五年。
The Company expects to close the Offering on the day that NOP receives confirmation from the Bureau of Land Management ("BLM") that the NOP Environmental Assessment Reports ("EA's") have been posted on the BLM website for public comment for a period of 30 days. Upon completion of the review period, the BLM may then issue to NOP a "Prospecting Permit" which shall allow the Company to commence it's drill programme.
公司预计在NOP收到土地管理局(“BLMBLM环评报告EA's
The Company's capitalization structure is still tight as detailed in the below capitalization table on a fully diluted basis.
公司的股本结构在完全摊薄的基础上仍然很紧凑,详见下表。
Total issued and outstanding common shares | 47,907,705 | ||
Total options outstanding |
4,325,000 | ||
Total warrants outstanding |
11,002,465 | ||
Total issued and outstanding - Fully Diluted |
63,235,170 |
已发行和流通普通股总数 | 47,907,705 | ||
总持仓期权 |
4,325,000 | ||
总持仓认股权 |
11,002,465 | ||
总已发行和流通的股票 - 完全摊薄 |
63,235,170 |
NOP also announces that it has been informed by the BLM that some internal processes and guidance pertaining to the Environmental Assessments at the Company's Murdock Property, have recently changed and now require additional internal reviews for BLM media releases. It is now estimated that an additional 2-4 weeks of internal BLM reviews will be required before the public disclosure of the Company's EA and the public comment period will begin.
NOP还宣布,公司已被BLM通知,与公司的Murdock Property相关的环境评估的一些内部流程和指南最近发生了变化,现在需要进行其他内部审核以供BLM发布媒体声明。现在估计需要额外的2-4周时间进行内部BLM审核,然后才能公开披露公司的EA并开始公众评论期。
NOP CEO Robin Dow comments: "The Company has been working very diligently for the past two years to obtain our exploration license. We are now in the final stages of obtaining our approvals. In the meantime, our geological team is working on preparing our exploration plan and are contacting drilling companies as part of our tendering process. We wish to thank all of our shareholders for their continued support of our optimistic path forward."
NOP首席执行官Robin Dow评论说:“过去两年,公司一直非常努力地获取我们的勘探许可证。我们现在正在获得批准的最后阶段。在此期间,我们的地质团队正在制定我们的勘探计划,并作为我们招标过程的一部分联系钻探公司。我们要感谢所有股东对我们乐观的前进道路的持续支持。”
Nevada Organic Phosphate Inc.
Nevada Organic Phosphate Inc.
NOP is a junior exploration company with a sedimentary rock phosphate property (the "Murdock Property") hosting a nearly flat lying sedimentary bed of known phosphate mineralization in NE Nevada.
NOP是一家初创的勘探公司,拥有一个沉积性磷酸盐矿产(“Murdock Property”),位于内华达州东北部,有一个几乎平坦的已知磷酸盐矿化物沉积层。
The increasing interest in organic and sustainable agriculture practices has contributed to the demand for organic fertilizers, including those derived from rock phosphate. Organic rock phosphate is often marketed as a fertilizer that not only provides phosphorus but also contributes to overall soil health.
有机和可持续农业实践的不断增加促进了对有机肥料的需求,包括派生自磷酸盐岩的肥料。有机磷酸盐岩经常被营销为不仅可提供磷还有助于整体土壤健康的肥料。
The Issuer aims to be one of the only certified organic rock phosphate producers with large scale potential in North America. The Murdock Property is situated adjacent to a main highway and the rail head to California.
该发行人旨在成为北美地区大规模认证的有机磷酸盐生产商之一。Murdock Property位于一条主要高速公路和通往加州的铁路头部。
For More Information
更多信息
Robin Dow, CEO
T: 604.355.9986
E: robin@dowgroup.ca
Robin Dow,CEO
电话:604.355.9986
邮箱:robin@dowgroup.ca
Neither the Canadian Securities Exchange nor its regulations services providers have reviewed or accept responsibility for the adequacy or accuracy of this release.
加拿大证券交易所及其监管服务提供商未经审查或承担本公告的充分性或准确性的责任。
This news release may contain forward-looking statements and information ("FLSI") within the meaning of applicable securities laws. FLSI may include expectations, anticipations, beliefs, opinions, plans, intentions, estimates, forecasts, projections, guidance or other similar statements and information that are not historical facts. All statements which are not historical statements are considered FLSI. Forward- looking statements in this press release include, but are not limited to, statements regarding the Offering, the BLM and the anticipated timing of approvals and or closing. All FLSI is based on assumptions, which may prove inaccurate, and subject to certain risks and uncertainties, including without limitation those risks and uncertainties identified in the Company's public securities filings, which may cause actual events or results to differ materially from those indicated or implied in FLSI. Accordingly, readers should not place undue reliance or value on FLSI. Although the Company believes that the expectations reflected in any FLSI in this news release are reasonable at the present time, it can give no assurance that such FLSI will prove to be correct. Any FLSI in this news release is made as of the date hereof and the Company undertakes no obligations to publicly update or revise any FLSI, whether as a result of new information, future events or otherwise, unless required by applicable securities laws. Any FLSI in this news release is expressly qualified in its entirety by this cautionary statement.
本新闻稿可能包含前瞻性声明和信息(“FLSI”),其含义详见适用的证券法律。FLSI可能包括期望、预期、信念、观点、计划、意图、估计、预测、预测、指导或其他类似的声明和信息,这些声明和信息不是历史事实。所有不是历史事实的陈述均视为FLSI。本新闻稿中的前瞻性声明包括但不限于关于发售、BLM和预期的批准或结束时间的声明。所有FLSI均基于可能证明不准确的假设,并受到某些风险和不确定性的影响,包括但不限于那些在公司的公共证券文件中确定的风险和不确定性,这可能导致实际事件或结果与FLSI所指示或暗示的事件或结果有所不同。因此,读者不应给予FLSI过度的依赖或价值。尽管本公司认为在目前的时间内本新闻稿中任何FLSI所反映的期望是合理的,但本公司不能保证此类FLSI将证明是正确的。本新闻稿中的任何FLSI均于此发布之日起,公司不承担任何公开更新或修订任何FLSI的义务,除非适用的证券法律要求。本新闻稿中的任何FLSI均受此警示全面限制。