Regulus Announces US$5.0 M Investment From Osisko Gold Royalties
Regulus Announces US$5.0 M Investment From Osisko Gold Royalties
John Black, Chief Executive Officer of Regulus, commented as follows: Figure 1
圖1
VANCOUVER, British Columbia, Oct. 14, 2022 (GLOBE NEWSWIRE) -- Regulus Resources Inc. ("Regulus" or the "Company", TSX-V: REG, OTCQX: RGLSF) is pleased to announce the completion of a US$5 million investment (the "Investment") from Osisko Gold Royalties ("Osisko") in exchange for a net smelter return ("NSR") ranging from 0.125% to 1.5% on certain claims of the Company's AntaKori project ("AntaKori"), as well as a right (currently held by Regulus) to buy-back a 1% NSR from a third party on certain claims of AntaKori. Proceeds from the Investment will be used for exploration activities at AntaKori and for general corporate purposes. This Investment is the second completed by Osisko on the AntaKori project. The first was the strategic partnership between Regulus and Osisko announced on October 1, 2020 (the "Strategic Partnership").
温哥華，不列顛哥倫比亞省，2022年10月14日(環球通訊社)-Regulus Resources Inc.或“公司”，多倫多證券交易所-V：REG，OTCQX：RGLSF)我很高興地宣佈，奧西斯科黃金特許權使用費(“奧西斯科”)投資(“投資”)完成500,000,000美元，以換取本公司安塔科裏項目(“安塔科裏”)某些索賠的冶煉廠淨回報率(“NSR”)0.125%至1.5%，以及就安塔科裏的某些索賠向第三方回購1%NSR的權利(目前由Regulus持有)。投資所得款項將用於安塔科裏的勘探活動和一般企業用途。這筆投資是Osisko在AntaKori項目上完成的第二筆投資。第一個是雷古盧斯和奧西斯科於2020年10月1日宣佈的戰略合作伙伴關係(戰略夥伴關係)。
Highlights
亮點
- The Investment represents a significant financing in challenging capital markets.
- No incremental royalties on the claims where Osisko acquired a 0.75-1.5% NSR through the Strategic Partnership in 2020, where the majority of current NI 43-101 resources lie.
- Deal structured such that the NSR's issued in relation to the Investment together with existing outstanding royalties will not exceed 1.5%.
- Brings cash into the treasury with no dilution to shareholders.
- The Investment allows Regulus to continue to advance exploration activities on the AntaKori project and maintain its social commitments.
- Represents a strong technical endorsement for the AntaKori project.
- 這項投資代表着在具有挑戰性的資本市場中的一筆重大融資。
- Osisko在2020年通過戰略合作伙伴關係收購了0.75-1.5%的NSR，目前NI 43-101資源的大部分位於該地區，因此沒有增加的特許權使用費。
- 交易的結構使與投資有關的NSR連同現有未償還的特許權使用費不超過1.5%。
- 將現金帶入國庫，不會稀釋股東。
- 這項投資使Regulus能夠繼續推進AntaKori項目的勘探活動，並保持其社會承諾。
- 代表着對AntaKori項目的強有力的技術支持。
John Black, Chief Executive Officer of Regulus, commented as follows:
Regulus首席執行官約翰·布萊克評論如下：
"The continued support of Osisko is a strong endorsement of the AntaKori project. Given that equity markets are currently very challenging, we believe this transaction adds value to shareholders by avoiding equity dilution while providing Regulus with cash to continue to advance work programs at AntaKori."
"Osisko的持續支持是對AntaKori項目的強烈認可。鑑於股票市場目前非常具有挑戰性，我們相信，這筆交易通過避免股權稀釋，同時為Regulus提供現金，繼續推進AntaKori的工作計劃，從而增加了股東的價值。“
"The next major milestone for the project will be a decision on the Colquirrumi earn-in claims whereby Regulus can earn up a to 70% interest from Buenaventura by completing 7,500 m of drilling. Upon completing the 7,500 m, Buenaventura can elect to either give Regulus a 70% interest in the claims or pay Regulus US$9 million and give Regulus a 30% interest in the claims, with Buenaventura retaining a 70% interest. We plan to complete the 7,500 m of drilling in October and expect a decision from Buenaventura in Q1 2023. With either a 70% or 30% interest, we retain the ability to layback onto these claims which will enable us to increase the size of the pit and thereby increase our resource base at AntaKori. With two drill rigs active on the project, we will continue drilling to expand the mineralized footprint of the project, with the target of completing a resource update around mid-2023."
該項目的下一個重要里程碑將是對Colquirrui收入索賠的裁決，根據該裁決，Regulus通過完成7500米的鑽探，可以從Buenaventura獲得高達70%的權益。完成7,500百萬美元后，Buenaventura可以選擇給予Regulus 70%的債權權益，或向Regulus支付900萬美元並給予Regulus 30%的債權權益，Buenaventura保留70%的權益。我們計劃在10月份完成7,500米的鑽探，並期待Buenaventura在2023年第一季度做出決定。在擁有70%或30%權益的情況下，我們保留了向這些債權回撥的能力，這將使我們能夠擴大礦坑的規模，從而增加我們在AntaKori的資源基礎。隨着兩個鑽機投入使用，我們將繼續鑽探，以擴大該項目的礦化足跡，目標是在2023年年中左右完成資源更新。"
Details of the Transaction
交易的詳細信息
Regulus, through its wholly owned Peruvian subsidiary, will grant to Osisko an NSR on certain claims of AntaKori ranging from 0.125% to 1.5%. As well, Regulus will transfer a right to buyback a 1% NSR for US$4.5 M on the Maria Eugenia, Maria Eugenia No1 and Rita Margot claims. As per the Strategic Partnership, Osisko previously held the right to acquire 50% of the 1% NSR on Maria Eugenia, Maria Eugenia No2 and Rita Margot if Regulus had exercised its buy-back right. In accordance with the Investment Agreement entered into by Osisko and Regulus, consideration of US$5 million was paid to Regulus on closing. See Table 1 and Figure 1 for details of where the new royalties will be applicable and the overall royalty profile of the project.
Regulus將通過其全資擁有的祕魯子公司，就AntaKori的某些索賠向Osisko授予0.125%至1.5%的NSR。此外，Regulus將轉讓以450萬美元回購瑪麗亞·尤金妮亞、瑪麗亞·尤金妮亞1號和麗塔·瑪戈特索賠的1%NSR的權利。根據戰略夥伴關係，如果Regulus行使了回購權，Osisko之前擁有收購Maria Eugenia、Maria Eugenia No2和Rita Marget 1%NSR的50%的權利。根據Osisko和Regulus簽訂的投資協議，在交易完成時向Regulus支付了500萬美元的對價。有關適用新版税的詳細信息以及項目的整體版税概況，請參見表1和圖1。
Corporate Update
企業動態
The Company has entered into short-term loan agreements with certain directors and officers for approximately US$500,000. The loans are unsecured, bear interest at the rate of 10% per annum and are repayable by December 31, 2022, unless otherwise agreed to by the parties.
本公司已與若干董事及高級管理人員訂立短期貸款協議，金額約為500,000美元。這些貸款是無擔保的，年利率為10%，除非各方另有約定，否則在2022年12月31日之前償還。
As a result of the insider participation in the short-term loans to the Company, these loan transactions are considered to be related party transactions subject to TSX Venture Exchange rules and Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(a) of MI 61-101 on the basis that the loans did not exceed 25% of the fair market value of the Company's market capitalization.
由於內部人士參與對本公司的短期貸款，這些貸款交易被視為受多倫多證券交易所創業板規則和多邊文書61-101約束的關聯方交易-特殊交易中少數股權持有人的保護 ("米其林61-101“)。本公司根據MI 61-101第5.5(A)及5.7(A)條規定的正式估值及小股東批准的豁免，以貸款不超過本公司市值的公允市值的25%為基礎。
Qualified Person
有資格的人
The scientific and technical data contained in this news release pertaining to the AntaKori project has been reviewed and approved by Dr. Kevin B. Heather, Chief Geological Officer, FAusIMM, who serves as the qualified person (QP) under the definition of National Instrument 43-101.
本新聞稿中包含的與AntaKori項目有關的科學和技術數據已由FAusIMM首席地質官Kevin B.Heather博士審查和批准，他是National Instrument 43-101定義下的合格人員(QP)。
ON BEHALF OF REGULUS RESOURCES INC.
代表Regulus Resources Inc.
(signed) "John Black"
John Black
CEO and Director
Phone: +1 720-514-9036
Email: john.black@regulusresources.com
(簽署)“約翰·布萊克"
約翰·布萊克
首席執行官兼董事
電話：+1 720-514-9036
電子郵件：john.Black@rulusresource ces.com
For further information, please contact:
如需更多信息，請聯繫：
Ben Cherrington
Phone: +1 1 347 394 2728
Email: ben.cherrington@regulusresources.com
本·切林頓
電話：+1 347 394 2728
電子郵件：ben.cherrington@rulusresource ces.com
About Regulus Resources Inc. and the AntaKori Project
關於Regulus Resources Inc.和AntaKori項目
Regulus is an international mineral exploration company run by an experienced technical and management team. The principal project held by Regulus is the AntaKori copper-gold-silver project in northern Peru. The AntaKori project currently hosts a resource with indicated mineral resources of 250 million tonnes with a grade of 0.48 % Cu, 0.29 g/t Au and 7.5 g/t Ag and inferred mineral resources of 267 million tonnes with a grade of 0.41 % Cu, 0.26 g/t Au, and 7.8 g/t Ag (independent technical report prepared by AMEC Foster Wheeler (Peru) S.A., a Wood company, titled AntaKori Project, Cajamarca Province, Peru, NI 43-101 Technical Report, dated February 22, 2019 - see news release dated March 1, 2019). Mineralization remains open in most directions.
Regulus是一家由經驗豐富的技術和管理團隊運營的國際礦產勘探公司。Regulus持有的主要項目是祕魯北部的AntaKori銅金銀項目。安塔科裏項目目前擁有2.5億噸指示礦產資源，品位為0.48%銅、0.29克/噸金和7.5克/噸銀，推斷礦產資源為2.67億噸，品位為0.41%銅、0.26克/噸金和7.8克/噸銀(由AMEC Foster Wheeler(祕魯)S.A.編寫的獨立技術報告，標題為安塔科裏項目，祕魯卡哈馬卡省，NI 43-101技術報告，日期為2019年2月22日-見日期為2019年3月1日的新聞稿)。礦化在大多數方向上仍然是開放的。
For further information on Regulus Resources Inc., please consult our website at .
有關Regulus Resources Inc.的更多信息，請訪問我們的網站。
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多倫多證券交易所創業板交易所及其監管服務提供商(該術語在多倫多證券交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
Forward Looking Information
前瞻性信息
Certain statements regarding Regulus, including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve known and unknown risks and uncertainties, most of which are beyond Regulus' control. Often, but not always, forward-looking statements or information can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate" or "believes" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.
與Regulus有關的某些陳述，包括管理層對未來計劃和運營的評估，根據適用的證券法可能構成前瞻性陳述，必然涉及已知和未知的風險和不確定性，其中大部分不在Regulus的控制範圍之內。前瞻性陳述或信息往往但並非總是可以通過使用諸如“計劃”、“預期”或“不預期”、“預期”、“預算”、“預定”、“估計”、“預測”、“打算”、“預期”或“不預期”或“相信”等詞語或短語的變體，或某些行動、事件或結果“可能”、“可能”、“將”、“可能”或“將”採取、發生或將實現的表述來確定。
Specifically, and without limitation, all statements included in this press release that address activities, events or developments that Regulus expects or anticipates will or may occur in the future, including the proposed exploration and development of the AntaKori project described herein, the completion of the anticipated drilling program, the completion of an updated NI 43-101 resource estimate and management's assessment of future plans and operations and statements with respect to the completion of the anticipated exploration and development programs, may constitute forward-looking statements under applicable securities laws and necessarily involve known and unknown risks and uncertainties, most of which are beyond Regulus' control. These risks may cause actual financial and operating results, performance, levels of activity and achievements to differ materially from those expressed in, or implied by, such forward-looking statements. Although Regulus believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The forward-looking statements contained in this press release are made as of the date hereof and Regulus does not undertake any obligation to publicly update or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities law.
具體地説，但不限於，本新聞稿中包含的所有涉及Regulus預期或預期未來將會或可能發生的活動、事件或發展的聲明，包括本文所述AntaKori項目的擬議勘探與開發、預期鑽探計劃的完成、最新NI 43-101資源估計及管理層對未來計劃和運營的評估，以及有關預期勘探和開發計劃完成的聲明，均可能構成前瞻性聲明，根據適用的證券法，可能涉及已知和未知的風險和不確定性，大部分這些風險和不確定性超出了Regulus的控制範圍。這些風險可能導致實際財務和經營結果、業績、活動水平和成就與這些前瞻性陳述中所表達或暗示的大不相同。儘管Regulus認為這些前瞻性陳述中的預期是合理的，但不能保證這些預期將被證明是正確的。本新聞稿中包含的前瞻性陳述是截至本新聞稿之日作出的，Regulus不承擔任何公開更新或修改任何前瞻性陳述或信息的義務，除非適用的證券法要求公開更新或修改任何前瞻性陳述或信息，無論是由於新信息、未來事件還是其他原因。
Figure 1 – AntaKori Project Claims Map
圖1-AntaKori項目索賠圖
| Table 1 - Royalties Outstanding on AntaKori Property Following the Investment | ||||
| Claim Name |
Third Party NSR |
Current Osisko Royalty |
New Osisko Royalty |
Total Royalty Outstanding |
| El Clavel | 1.50% | 1.50% | ||
| Mina Verdecita | 1.50% | 1.50% | ||
| Maria Eugenia No 1* | 1.375% | 0.125% | 1.50% | |
| Maria Eugenia* | 1.375% | 0.125% | 1.50% | |
| Maria Eugenia No 2 | 1.50% | 1.50% | ||
| Napoleon | 1.50% | 1.50% | ||
| Rita Margot* | 1.375% | 0.125% | 1.50% | |
| Demasia Inquisicion | 1.50% | 1.50% | ||
| La Inquisicion | 1.50% | 1.50% | ||
| La Incognita | 1.50% | 1.50% | ||
| El Sinchao | 1.50% | 1.50% | ||
| Sinchao No 1 | 2.0% | 2.00% | ||
| Sinchao No 2 | 2.0% | 2.00% | ||
| Sinchao No 3 | 2.0% | 2.00% | ||
| Tres Mosqueteros | 0.00% | |||
| Valle Sincaho 2 | 1.50% | 1.50% | ||
| Valle Sincaho 3 | 1.50% | 1.50% | ||
| Valle Sinchao 4 | 1.50% | 1.50% | ||
| Mina Volare | 0.750 - 1.50% | 0.750 - 1.50% | ||
| * A buyback right exists to purchase 1% of the Third Party NSR in exchange for US$4.5 M. This will be transferred to Osisko. | ||||
| 表1--投資後AntaKori財產的未付特許權使用費 | ||||
| 索賠名稱 |
第三方NSR |
現任奧西斯科 版税 |
新奧西斯科 版税 |
總版税 傑出的 |
| 埃爾·克拉維爾 | 1.50% | 1.50% | ||
| 米娜·韋爾德克塔 | 1.50% | 1.50% | ||
| 瑪麗亞·尤金妮亞1號* | 1.375% | 0.125% | 1.50% | |
| 瑪麗亞·尤金妮亞* | 1.375% | 0.125% | 1.50% | |
| 瑪麗亞·尤金妮亞2號 | 1.50% | 1.50% | ||
| 拿破崙 | 1.50% | 1.50% | ||
| 麗塔·瑪戈特* | 1.375% | 0.125% | 1.50% | |
| 德瑪西亞問詢 | 1.50% | 1.50% | ||
| La Inquisicion | 1.50% | 1.50% | ||
| 《隱姓埋名》 | 1.50% | 1.50% | ||
| El Sinchao | 1.50% | 1.50% | ||
| 新潮1號 | 2.0% | 2.00% | ||
| 新潮2號 | 2.0% | 2.00% | ||
| 新潮3號 | 2.0% | 2.00% | ||
| Tres Mosqueteros | 0.00% | |||
| 瓦萊·辛卡霍2 | 1.50% | 1.50% | ||
| 瓦萊·辛卡霍3 | 1.50% | 1.50% | ||
| 新潮4號山谷 | 1.50% | 1.50% | ||
| 米娜·瓦拉雷 | 0.750 - 1.50% | 0.750 - 1.50% | ||
| *存在回購權利，可以購買第三方NSR 1%的股份，以換取450萬美元 這將被移交給奧西斯科。 | ||||
A photo accompanying this announcement is available at
這一公告附帶的照片可在以下網址查閲
