Lode Gold Closes Financing
Lode Gold Closes Financing
Toronto, Ontario--(Newsfile Corp. - July 15, 2024) - Lode Gold Resources Inc. (TSXV: LOD) (OTCQB: SBMIF) ("Lode Gold " or the "Company") is pleased to announce it has closed $506,490 financing, previously announced on May 31, 2024. A total of 13,181,143 units at $0.035 per unit (each, a "Unit") and 1,128,750 Flow Through Units at $0.04 ("FT Units") have been issued for total proceeds of $506,490.
安大略省多伦多-(新闻稿)2024年7月15日-黄金矿产资源公司(TSXV: LOD) (OTCQB: SBMIF) (以下简称“黄金矿产”或“公司”)很高兴宣布,已完成之前于2024年5月31日宣布的506,490美元融资。共发行了13,181,143个每个0.035美元的份额(每个单位是一个“单位”),以及1,128,750个每个0.04美元的流通单位(“Ft Units”),总收入为506,490美元。
Each $0.035 Unit shall consist of one common share and one common share purchase warrant. Each warrant shall entitle the holder to purchase one common share at exercise price of $0.05 per common share for a period of two years following the date of closing.
每个0.035美元的单位应由一个普通股和一个普通股购买权组成。每个购买权将使持有人有权以0.05美元每股的行权价格购买一股普通股,有效期为结束日期后的两年。
Each Flow Through Unit at $0.04 consists of one flow through common share and one half of a whole flow through common share purchase warrant ("FT Warrant"). Each whole FT Warrant shall entitle the holder to purchase one flow through common share at exercise price of $0.06 per common share for a period of two years following the date of closing.
每个0.04美元的流通单位由一个流通股和一个整体流通股购买权(“Ft Warrant”)组成的一半。每个整个Ft Warrant将使持有人有权以0.06美元每股的行权价格购买一股流通股,有效期为结束日期后的两年。
All securities issued will be subject to a statutory hold period until November 13, 2024.
发行的所有证券将受到法定的托管期限的限制,直到2024年11月13日。
Insiders of the Company subscribed for 664,286 Units and 250,000 FT Units. The Company has relied on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(a) of MI 61-101 in respect of such insider participation.
公司内部人士订购了664,286个单位和250,000个Ft Units。公司依据MI 61-101的第5.5(a)条和第5.7(a)条规定的估值和少数股东批准要求的豁免权,就此类内部人士的参与而言获得免责。
ABOUT LODE GOLD
关于Lode Gold
Lode Gold is a Canadian exploration and development company with grassroots and advanced exploration properties in highly prospective and safe mining jurisdictions.
Lode Gold是一家加拿大的勘探和开发公司,在高度有前景和安全的采矿地区拥有基础和先进的勘探项目。
Its Golden Culvert and Win Projects, Yukon, covering 99.5 km2 across a 27-km strike length, are situated in a district-scale, high-grade-gold-mineralized trend within the southern portion of the Tombstone Gold Belt. Gold deposits and occurrences within the Belt include Fort Knox, Pogo, Brewery Creek and Dublin Gulch, and Snowline Gold's Valley target on its Rogue property in the Selwyn Basin.
位于肯尼迪堡黄金带省南部的其金色渡口和温项目,横跨99.5平方公里,沿27公里走向,位于区域规模内,高品位黄金矿化趋势之内。该带内的黄金矿床和矿床包括Fort Knox、Pogo、Brewery Creek和Dublin Gulch,以及Snowline Gold在Selwyn Basin上的Rogue物业的Valley target。
Its McIntyre Brook Project, New Brunswick, covering 111 km2 and a 17-km strike length in the emerging Triple Fault Gold Belt, is surrounded by Puma Exploration's Williams Brook Project (5.55 g/t Au over 50m) and is hosted by orogenic rocks of similar age and structure as New Found Gold's Queensway Project.
其新不伦瑞克省的麦金太尔布鲁克项目,占地111平方公里,有17公里的矿区,在新兴的三重故障黄金带周围,被Puma Exploration的Williams Brook Project(50m内5.55 g/t Au)包围,并由同龄、同构造的造山岩石定位。
The Company is also advancing its Fremont Gold development project in the historic Mother Lode Gold Belt of California where 50,000,000 oz of gold has been produced. Fremont, located 500km north of Equinox Gold's Castle Mountain and Mesquite mines, has a PEA with an after-tax NPV of USD $217MM, a 21% IRR, 11-year LOM, averaging 118k ounces per annum at USD $1,750 gold. A sensitivity to the March 31, 2023 PEA at USD $2,000/oz gold gives an after-tax NPV(5%) of USD $370MM and a 31% IRR over an 11-year LOM. The project hosts an NI 43-101 resource of 1.16 Moz at 1.90 g/t Au within 19.0 MT Indicated, and 2.02 Moz at 2.22 g/t Au within 28.3 MT Inferred. The MRE evaluates only 1.4 km of the 4 km strike length of the Fremont property that features five gold-mineralized zones. Significantly, three step-out holes at depth hit mineralized structure, typical of orogenic deposits that often occur at depth. Fremont is located on private land in Mariposa, the original gold rush county and is 1.5 hours from Fresno, California. The property has year-round road access and is close to airports and rail. Please refer to the Fremont Gold project PEA dated March 31, 2023 under NI 43-101 guidelines. The technical report has been reviewed and approved by independent "Qualified Persons" Eugene Puritch, P.Eng., FEC, CET, and Andrew Bradfield, P.Eng. both of P&E, and Travis Manning, P.E. of KCA.
Buddy Doyle, FAusIMM是这个新闻稿的作者。本新闻稿中包含的科学和技术信息已由Jonathan Victor Hill, Director, BSc(Hons)(Economic Geology-UCT),FAusIMM作为“有资格人士” 根据《43-101号国家仪器43-101_对矿产项目披露的标准》("NI 43-101")的定义进行了审查和批准。
QUALIFIED PERSON STATEMENT
有关更多信息,请访问该公司的网站,或联系:
Buddy Doyle, FAusIMM is the author of this news release. The scientific and technical information contained in this press release has been reviewed and approved by Jonathan Victor Hill, Director, BSc (Hons) (Economic Geology – UCT), FAusIMM, and who is a "qualified person" as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").
Buddy Doyle, FAusIMm 是本新闻稿的作者。本新闻稿中包含的科学技术信息已经由Jonathan Victor Hill, 董事,BSc (Hons) (经济地质学 - UCT), FAusIMm,审查并批准,他是根据《43-101号全国定位矿产项目披露标准》(“NI 43-101”)定义的“合格人员”。
For more information, please visit the Company's website at or contact:
更多信息请访问公司网站 或联系:
Winfield Ding
CFO
info@lode-gold.com
+1 (416) 320-4388
Winfield Ding
首席财务官
info@lode-gold.com
+1 (416) 320-4388
Kevin Shum
Investor Relations
kevin@jeminicapital.com
+1 (647) 725-3888 ext. 702
Kevin Shum
投资者关系
kevin@jeminicapital.com
+1 (647) 725-3888 ext. 702
Forward-Looking Statements
前瞻性声明
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及其监管服务提供商(如TSX Venture Exchange政策中定义的那样)均不对本发布内容的充分性或准确性承担责任。
WARNING: The Company relies upon litigation protection for "forward-looking" statements. The information in this release may contain forward-looking information under applicable securities laws. This forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those implied by the forward-looking information. Factors that may cause actual results to vary materially include, but are not limited to, inaccurate assumptions concerning the exploration for and development of mineral deposits, currency fluctuations, unanticipated operational or technical difficulties, changes in laws or regulations, failure to obtain regulatory, exchange or shareholder approval, the risks of obtaining necessary licenses and permits, changes in general economic conditions or conditions in the financial markets and the inability to raise additional financing. Readers are cautioned not to place undue reliance on this forward-looking information. The Company does not assume the obligation to revise or update this forward-looking information after the date of this release or to revise such information to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws.
警告:公司依赖诉讼保护进行“前瞻性”的声明。本发布中的信息可能包含适用证券法下的前瞻性信息。此前瞻性信息将受到已知和未知风险、不确定性和其他因素的影响,这些因素可能导致实际结果与前瞻性信息所示结果存在实质性差异。可能导致实际结果显着不同的因素包括但不限于对矿产矿床的勘探和开发做出错误的假设、货币波动、未预期的操作或技术困难、法律或法规的变化、未能获得监管、交易所或股东批准、获得必要许可证和许可证的风险、经济或金融市场整体经济条件的变化以及无法获得额外融资的风险。读者在阅读本前瞻性信息时,应保持谨慎,公司不承担在本公告发布后或修订或更新本前瞻性信息的义务,以反映未来可能发生的意外事件,除非根据适用证券法规定。
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