Big Red Mining Corp. Closes Flow-Through Private Placement
Big Red Mining Corp. Closes Flow-Through Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 11, 2024) - Big Red Mining Corp. (CSE: RED) (FSE: K8J) (the "Company" or "Big Red") announces that, further to its news releases of October 23, 2024 and December 6, 2024, it has closed its flow-through financing of common shares at $0.21 per share, whereby the Company issued a total of 3,605,000 common shares for proceeds of $757,050. The Company is paying a cash finder's fee of $52,900 to GloRes Securities Inc. and has issued 192,833 finder's warrants to GloRes Securities Inc. and 59,500 finder's warrants to Marquest Asset Management Inc. for services provided to the Company as a finder with respect to the private placement subscriptions by the private placement placees. Each finder's warrant is exercisable into one common share at a price of $0.22 per share on or before June 9, 2026.
不列颠哥伦比亚省温哥华--(Newsfile Corp.,2024年12月11日)——Big Red Mining Corp.(CSE:RED)(FSE:K8J)(“公司” 或 “Big Red”)宣布,继2024年10月23日和2024年12月6日发布的新闻稿之后,它以每股0.21美元的价格完成了普通股的流通融资,该公司共发行了3,605,000股普通股作为收益 757,050 美元。该公司将向Glores Securities Inc.支付52,900美元的现金发现者费,并已向Glores Securities Inc.发行了192,833份发现者认股权证,向Marquest Asset Management Inc.发行了59,500份发现者认股权证,用于该公司作为发现者提供的有关私募认购的服务。每份发现者的认股权证可在2026年6月9日当天或之前以每股0.22美元的价格行使为一股普通股。
The shares issued pursuant to the private placement, and any shares to be issued on the exercise of the finder's warrants are restricted from trading until April 10, 2025. The proceeds of the private placement will be used for property exploration.
根据私募发行的股票以及在行使认股权证时发行的任何股票在2025年4月10日之前的交易均受到限制。私募的收益将用于房地产勘探。
About Big Red Mining Corp.
关于大红矿业公司
Big Red holds an option to acquire a 100% interest in the Antimony 2.0 Property, which is located approximately 25 kilometers west of Fredericton, New Brunswick, and approximately 15 kilometers northeast of the historic Lake George antimony mine. The Lake George antimony mine operated for various periods from the 1860s to 1998 and produced as much as 4 per cent of the world's demand of antimony from 1970 through 1992. The Antimony 2.0 Property comprises over 35 square kilometers of relatively unexplored ground with excellent access via provincial and logging roads, and hydro power. Antimony has been detected at highly anomalous levels in soil samples collected on the Antimony 2.0 Property by the optionor. Big Red also holds an option to acquire a 100% interest in the Dobie Lake Copper Project (the "Dobie Lake Property"), which is located approximately 100 km from Sault Ste. Marie, Ontario. The Dobie Lake. Property surrounds and covers extensions of the past producing Jentina Mine and comprises 131 claims totaling 6,500 acres (26 square kilometers).
Big Red持有收购锑2.0地产100%权益的选择权,该地产位于新不伦瑞克省弗雷德里克顿以西约25公里处,历史悠久的乔治湖锑矿东北约15公里处。乔治湖锑矿从19世纪60年代到1998年的不同时期运营,从1970年到1992年,其产量高达世界锑需求的4%。Antimony 2.0地产包括超过35平方公里的相对未开发的土地,可通过省道和伐木道路以及水力发电,交通便利。在期权方在锑2.0特性上采集的土壤样本中,已检测到锑含量高度异常。Big Red还持有收购多比湖铜业项目(“多比湖地产”)100%权益的选择权,该项目距离苏圣城约100公里。玛丽,安大略省。多比湖。财产围绕并涵盖了过去生产的詹蒂纳矿的扩建部分,包括131项索赔,总面积为6,500英亩(26平方千米)。
Big Red's management team possess extensive experience in financing, exploration, development and mining. Big Red intends to conduct exploration campaigns on each of its optioned properties with a goal of finding one or more minable resources.
Big Red 的管理团队在融资、勘探、开发和采矿方面拥有丰富的经验。Big Red 打算对其每个可选房产进行探索活动,目标是寻找一种或多种可开采资源。
WWW.BIGREDMINING.COM
WWW.BIGREDMINING.COM
On Behalf of the Board of Directors
Jim Atkinson, CEO and President
For further information please contact:
Anthony Simone, President, Simone Capital Inc.
416-881-5154, asimone@simonecapital.ca
代表董事会
吉姆·阿特金森,首席执行官兼总裁
欲了解更多信息,请联系:
安东尼·西蒙尼,西蒙尼资本公司总裁
416-881-5154,asimone@simonecapital.ca