ELECTRIC ELEMENTS MINING CORP. ISSUES EARLY WARNING REPORT IN CONNECTION WITH THE ACQUISITION OF SECURITIES OF NIOBAY METALS INC.
ELECTRIC ELEMENTS MINING CORP. ISSUES EARLY WARNING REPORT IN CONNECTION WITH THE ACQUISITION OF SECURITIES OF NIOBAY METALS INC.
TORONTO, Aug. 14, 2024 /CNW/ - Electric Elements Mining Corp. ("Electric Elements") announces that it acquired ownership of and control over 4,615,400 common shares (the "Subject Shares") of Niobay Metals Inc. (the "Company" or "Niobay") on August 7, 2024 through Omega ATS, a registered alternative trading system (the "Acquisition"), representing approximately 4.5% of the estimated 103.1 million issued and outstanding common shares of Niobay, estimated as of the date hereof based on publicly available information. The aggregate consideration paid for the Acquisition was $253,847, or $0.055 per Subject Share.
多伦多，2024年8月14日 /CNW/-电气元素矿业公司（“电气元素”）宣布，它于2024年8月7日通过注册另类交易系统欧米茄ATS（“收购”）收购了Niobay Metals Inc.（“公司” 或 “Niobay”）4,615,400股普通股（“标的股”）的所有权和控制权，约占预计的10310.5％ 截至本文发布之日根据公开信息估算的Niobay已发行和流通普通股的万股。此次收购的总对价为253,847美元，合每股标的股票0.055美元。
Prior to the Acquisition, Electric Elements did not hold any common shares of Niobay. Osisko Development Corp. ("ODV"), which holds an equity interest in Electric Elements and, as such, is considered an associate of, and may be considered to be a joint actor of, Electric Elements for the purposes of applicable securities laws, indirectly held, through its wholly-owned subsidiary Barkerville Gold Mines Ltd. ("BGM"), 9,857,143 common shares of Niobay, representing approximately 9.6% of the estimated 103.1 million issued and outstanding common shares of Niobay. ODV's indirect ownership of Subject Shares (held by BGM) represents a position of securities that were transferred in connection with a transaction that occurred in 2020 as described in an early warning report dated November 27, 2020.
在收购之前，Electric Elements没有持有Niobay的任何普通股。Osisko Development Corp.（“ODV”）持有Electric Elements的股权，因此就适用的证券法而言，被视为电气元素的关联公司，也可被视为其联合参与者。该公司通过其全资子公司巴克维尔金矿有限公司（“BGM”）间接持有Niobay的9,857,143股普通股，约占估计的10股9.6％ Niobay已发行和流通的310万股普通股。如2020年11月27日的预警报告所述，ODV对标的股份（由BGM持有）的间接所有权代表了与2020年发生的交易相关的证券头寸。
Immediately following the Acquisition, the combined ownership of Electric Elements and ODV in Niobay increased to an aggregate of 14,472,400 common shares, representing approximately 14.0% of the estimated 103.1 million issued and outstanding common shares of Niobay as of the date hereof.
收购后，Niobay的Electric Elements和ODV的总所有权立即增加到14,472,400股普通股，约占截至本文发布之日Niobay估计已发行和流通的10310万股普通股的14.0％。
Among other things, Electric Elements and ODV intend to work proactively with management and the board of directors of Niobay to devise a pathway to unlocking value in its James Bay Niobium Project.
除其他外，Electric Elements和ODV打算积极与Niobay的管理层和董事会合作，设计一条释放其詹姆斯湾铌项目价值的途径。
Electric Elements' head office is located at 100 King Street West, Suite 3400, 1 First Canadian Place, Toronto, ON M5X 1A4. Niobay's head office is located at 1100 Av. des Canadiens-de-Montreal, Suite 300, Montreal, QC H3B 2S2.
Electric Elements的总部位于安大略省多伦多市第一加拿大广场1号国王街西100号3400号套房，M5X 1A4。Niobay的总部位于蒙特利尔加拿大大道1100号，300号套房，魁北克省蒙特利尔H302S2。
Additional Information
附加信息
A copy of the Early Warning Report filed in connection with the matters set forth above will appear on the Company's profile on SEDAR+ at and may also be obtained by calling Laurence Farmer at +1 514-607-6045.
就上述事项提交的预警报告的副本将出现在公司在SEDAR+的简介上，也可以致电劳伦斯·法默致电+1 514-607-6045获取。
SOURCE Electric Elements Mining Corp.
来源：电气元素矿业公司