Dakota Gold Corp. Announces $6 Million Orion Mine Finance Investment With a Potential Increase To Up To $9 Million
Dakota Gold Corp. Announces $6 Million Orion Mine Finance Investment With a Potential Increase To Up To $9 Million
Lead, South Dakota--(Newsfile Corp. - June 26, 2024) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") is pleased to announce an investment of $6 million by OMF Fund IV SPV A LLC and OMF Fund IV SPV C LLC, entities managed by Orion Mine Finance Management LP (collectively, "Orion") in Dakota Gold.
Dakota Gold公司(纽交所美国:DC)很高兴宣布OMF基金IV SPV A LLC和OMF基金IV SPV C LLC,即Orion Mine Finance Management LP管理的实体在Dakota Gold的投资额为600万美元。
Jonathan Awde, President, CEO and a Director of the Company, commented: "I am very pleased to announce our continued strategic partnership with Orion. Orion's ownership of Dakota Gold, together with their prior investment from 2023, will increase to a total of 9.9% share ownership. Orion is a respected investor and lender in the mining industry and we value their support and look forward to continuing to work together as we revitalize the Homestake District."
该公司总裁兼首席执行官Jonathan Awde表示:“我非常高兴地宣布我们与Orion的持续战略伙伴关系。Orion拥有Dakota Gold的股权,并结合他们在2023年的投资,将增加到总股份的9.9%,Orion是矿业行业中受人尊敬的投资者和贷方,我们珍视他们的支持并期待继续合作,共同重振Homestake区域。”
Orion Equity Investment
Orion股权投资
Orion has agreed to purchase 2,344,836 shares of common stock of Dakota Gold (each a "Share") at a price of $2.50 per Share for aggregate gross proceeds of $5.9 million (the "Orion Equity Investment"). The Company anticipates Orion will own approximately 9.9% of its issued and outstanding shares of common stock following the closing of the Orion Equity Investment.
Orion同意以每股2.50美元的价格购买Dakota Gold(每股股票一个"Share")的2344836股普通股,以获得合计590万美元的总收益("Orion股权投资")。该公司预计,Orion在完成Orion股权投资后将拥有其已发行和流通普通股约9.9%的股份。
Orion remains supportive of the Company and is considering making a further equity investment thereby increasing the total aggregate gross equity proceeds to the Company to up to $8.8 million subject to market and other conditions, although Orion has not committed or otherwise agreed to any such further equity investment.
Orion仍然支持该公司,并考虑进行进一步的股权投资,从而将公司的总股本募集总额增加到880万美元,视市场和其他条件而定,尽管Orion尚未承诺或同意任何此类进一步的股权投资。
The Orion Equity Investment will be registered under the Securities Act of 1933, as amended (the "Securities Act") pursuant to the Company's shelf registration statement on Form S-3 (File No. 333-266155), as supplemented by a prospectus supplement relating to the sale of the Shares (the "Prospectus Supplement"). The Orion Equity Investment is anticipated to close on or about July 3, 2024.
Orion股权投资将根据1933年修正案证券法("证券法")在公司的S-3形式的股票注册声明中注册,该声明通过关于股票销售的招股说明书补充("招股说明书补充")。该笔投资预计将于2024年7月3日或前后完成。
Royalty Agreement
Royalty协议
In addition, Orion and the Company will enter into a royalty agreement for a 1% net smelter returns royalty over certain of the Company's properties (the "Royalty"). Dakota Gold will receive total consideration of $182,758.20 for the Royalty.
此外,Orion和该公司将签署一项Royalty协议,协议中该公司将为其某些地产的1%纯粹提炼收益版税("Royalty")收到总计182,758.20美元的款项。
This press release is for informational purposes only and is not an offer to sell nor the solicitation of an offer to buy any Shares, which is made only by means of a prospectus supplement and related prospectus. There will be no sale of Shares in any jurisdiction in which the offer, solicitation of an offer to buy or sale would be unlawful.
此新闻稿仅供参考,并不构成出售或购买任何股票的要约,该要约仅由招股说明书补充和相关的招股说明书提供。股票在任何欧盟国家或加拿大境内的发售均受制约或禁止。
About Dakota Gold Corp.
关于Dakota Gold Corp。
Dakota Gold (NYSE American: DC) is a South Dakota-based responsible gold exploration and development company with a specific focus on revitalizing the Homestake District in Lead, South Dakota. Dakota Gold has high-caliber gold mineral properties covering over 48 thousand acres surrounding the historic Homestake Mine.
Dakota Gold(NYSE American:DC)是一家总部位于南达科他州的负责任的黄金勘探和开发公司,专注于恢复南达科他州Lead的Homestake区。 Dakota Gold拥有高品质的黄金矿产物业,涵盖了历史悠久的Homestake矿山周围的48000英亩。
The Dakota Gold team is focused on new gold discoveries and opportunities that build on the legacy of the Homestake District and its 145 years of gold mining history.
Dakota Gold团队专注于寻找新的黄金发现和机会,建立在Homestake区和其145年黄金采矿历史的基础上。
Subscribe to Dakota Gold's e-mail list at to receive the latest news and other Company updates.
订阅Dakota Gold的电子邮件列表 ,获取最新新闻和其他公司更新。
Shareholder and Investor Inquiries
股东和投资者咨询
For more information, please contact:
Jonathan Awde, President and Chief Executive Officer Tel: +1 604-761-5251
Email: JAwde@dakotagoldcorp.com
更多信息,请联系:
Dakota Gold公司总裁兼首席执行官Jonathan Awde电话:+1 604-761-5251
电子邮件:JAwde@dakotagoldcorp.com
Forward-Looking Statements
前瞻性声明
This communication contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as "anticipate," "intend," "plan," "believe," "expect," "may," "should," "will" and similar references to future periods. These forward-looking statements are neither historical facts nor assurances of future performance and instead are based on assumptions and expectations that may not be realized and are inherently subject to numerous risks and uncertainties, which could cause actual results to differ materially from these statements. These risks and uncertainties include, among others, (i) the size, price and timing of the Orion Equity Investment; (ii) the execution and timing of our planned exploration activities; (iii) our ability to achieve our strategic goals; (iv) the state of the economy and financial markets generally and the effect on our industry; and (v) the market for our common stock. The foregoing list is not exhaustive. For additional information regarding factors that may cause actual results to differ materially from those indicated in our forward-looking statements, we refer you to the risk factors included in Item 1A of the Company's Annual Report on Form 10-K for the year ended December 31, 2023, as amended, as updated by annual, quarterly and other reports and documents that we may file with the SEC. We caution investors not to place undue reliance on the forward-looking statements contained in this communication. These statements speak only as of the date of this communication, and we undertake no obligation to update or revise these statements, whether as a result of new information, future events or otherwise, except as may be required by law. We do not give any assurance that we will achieve our expectations.
本通知含有前瞻性声明,其属于1995年私人证券诉讼改革法案中安全港条款下的条款。前瞻性声明可以由"先期了解","意图","计划","信任","期望","可能","应该","将"等引用到未来的时期中识别出来。这些前瞻性声明既不是历史事实,也不是未来业绩的保证,而是基于可能未实现的假设和期望,并且固有地处于无数风险和不确定性之中,这些风险和不确定性可能导致实际结果与这些声明不一致。这些风险和不确定性包括,但不限于:(i)Orion股权投资的规模、价格和时间;(ii)我们计划的勘探活动的执行和时间;(iii)我们实现战略目标的能力;(iv)经济和金融市场总体状况及其对我们行业的影响;以及(v)我们普通股的市场。以上列表不全。关于可能导致实际结果与本公司前瞻性声明所指示情况不一致的因素的详细信息,请参阅公司的年度报告第1A项 "关于公司2013年12月31日年报的风险因素",以及我们可能向SEC提交的年度、季度和其他报告和文件。我们提醒投资者不要过分依赖本次通讯中包含的前瞻性声明。这些声明仅适用于本次通讯的发表日期,我们对这些声明不进行更新或修订,除非法律规定要求我们这样做。我们不保证我们将实现我们的期望。