Kalo Gold Announces up to $2,000,000 Non-Brokered Private Placement Share Offering
Kalo Gold Announces up to $2,000,000 Non-Brokered Private Placement Share Offering
NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH UNITED STATES NEWSWIRES
不得在美國境內或通過美國通訊社傳播
VANCOUVER, BC / ACCESSWIRE / DECEMBER 14, 2022 / KALO GOLD CORP. (TSXV:KALO) ("Kalo," "Kalo Gold," or the "Company"), focused on its flagship Vatu Aurum Gold Project, Republic of Fiji, is pleased to announce a non-brokered private placement of common shares of the Company (the "Shares") to raise gross proceeds of up to $2,000,000 ("the "Offering"). The Offering will be priced at $0.05 per share.
温哥華,BC/ACCESSWIRE/2022年12月14日/Kalo Gold Corp.(TSXV:Kalo) ("卡洛,“卡洛·戈爾德“或”公司專注於其旗艦項目斐濟共和國Vatu Aurum黃金項目的)高興地宣佈,將以非中介方式私募本公司的普通股(股票“)籌集高達2,000,000美元的毛收入(”The“供奉“)。是次發行定價為每股0.05元。
The Company will use the net proceeds of the Offering towards the Phase 3 exploration program at its 100% owned Vatu Aurum Gold Project which will include diamond drill testing follow up of significant high-grade gold targets that have been identified at Qiriyaga and Mouta, geochemical and geophysical work including a BLEG program and CSAMT survey, and for general working capital purposes.
本公司將把發售所得款項淨額用於其全資擁有的Vatu Aurum金礦項目的第三階段勘探計劃,該計劃將包括鑽石鑽探測試、對已在齊裏亞加和穆塔發現的重要高品位金礦目標的後續行動、包括BLEG計劃和CSAMT調查在內的地球化學和地球物理工作,以及用於一般營運資金用途。
Securities issued pursuant to the Offering will be subject to a hold period of four months from the date of closing. The Offering remains subject to the approval of the TSX Venture Exchange. Finders' fees will be payable on completion of the Offering.
根據此次發行發行的證券的持有期為四個月,自交易結束之日起計算。此次發行仍有待多倫多證券交易所創業板的批准。發起人的費用將在發行完成時支付。
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, or the securities laws of any state and may not be offered or sold within the United States or to or for the benefit or account of U.S. persons, absent such registration or an applicable exemption from such registration requirements.
本新聞稿不構成出售任何證券的要約,也不構成購買任何證券的要約邀請。此處描述的證券沒有也不會根據1933年修訂的《美國證券法》或任何州的證券法進行註冊,如果沒有此類註冊或適用的豁免,不得在美國境內或為美國人的利益或賬户進行發售或出售。
About Kalo Gold Corp.
關於卡洛黃金公司
Kalo Gold Corp, a gold exploration company, is focused on exploration for low sulphidation epithermal gold deposits of the Vatu Aurum Gold Project on the island of Vanua Levu (North Island) in the Republic of Fiji. Kalo holds a 100% interest in two Special Prospecting Licenses, covering 367 km2. Historical exploration work includes 11,423 m of diamond drilling, concentrated on the Qiriyaga Hill and Vuinubu Ridge Gold Deposits and the identification of over fourteen priority epithermal gold exploration targets.
Kalo Gold Corp是一家黃金勘探公司,專注於斐濟共和國瓦努阿列武島(北島)Vatu Aurum金礦項目的低硫化低温熱液金礦勘探。Kalo擁有兩個特殊勘探許可證的100%權益,覆蓋367公里2。歷史勘探工作包括11,423米的鑽石鑽探,集中在奇裏亞加山和Vuinubu山脊金礦牀,並確定了14個優先的淺成熱液金礦勘探目標。
Both Viti Levu, (South Island), and Vanua Levu are on the prolific Pacific "Ring of Fire", a trend that has produced numerous large deposits, including Porgera, Lihir and Grasberg and on Viti Levu, the exceptional Vatukoula Gold Mine. The island of Viti Levu also hosts Namosi, with a published Proven and Probable Reserves of 1.3 billion tonnes at 0.37% Cu and 0.12 g/t Au (5.2M ounces Au and 4.9M tonnes Cu). Lion One Metals is developing its Tuvatu Project, with Indicated Resources of 1.00 million tonnes at 8.48 g/t Au (274,600 ounces Au), and Inferred Resources of 1.33 million tonnes at 9.0 g/t Au (384,000 ounces Au) reported at a 3.0 g/t Au lower cut-off. The Vatukoula Gold Mine has produced in excess of 7 million ounces since 1937.
南島的Viti Levu和Vanua Levu都位於多產的太平洋“火環”上,這一趨勢已經產生了許多大型礦藏,包括Porgera、Lihir和Grasberg,以及特殊的Vatukoula金礦Viti Levu。Viti Levu島還擁有Namosi,已公佈的已探明和可能儲量為13億噸,銅含量為0.37%,Au為0.12g/t(520萬盎司Au和490萬噸銅)。Lion One Metals正在開發其Tuvatu項目,其指示資源量為1,000,000噸,Au為8.48克/噸(274,600盎司),推斷資源量為133萬噸,Au為9.0 g/t(384,000盎司),報告下限為3.0 g/t Au。自1937年以來,瓦圖庫拉金礦的產量已超過700萬盎司。
Qualified Person
有資格的人
The technical disclosure in this news release has been approved by Terry L. Tucker, P.Geo. a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators.
本新聞稿中的技術披露已得到Terry L.Tucker,P.Geo的批准。加拿大證券管理人的國家文書43-101所定義的合格人員。
On behalf of the Board of Directors of Kalo Gold Corp.
我謹代表Kalo Gold Corp.董事會發言。
Terry L. Tucker, P.Geo
President and Chief Executive Officer
特里·L·塔克,P.Geo
總裁與首席執行官
and
和
Kevin Ma, CPA, CA
Executive Vice President, Capital Markets, and Director
Kevin Ma,註冊會計師,加利福尼亞州
資本市場部常務副總裁總裁和董事
For more information contact, please write to info@kalogoldcorp.com
欲瞭解更多信息,請寫信至info@kalogoldcorp.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this press 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 Statements Disclaimer
前瞻性聲明免責聲明
Certain statements in this release are forward-looking statements, which are statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward looking statements in this news release include statements relating to the closing of the Offering, the proposed size of the Offering and the proposed use of proceeds.. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements, other than statements of historical fact, included in this release, including statements regarding the proposed drilling timeline and the proposed expansion of the exploration program, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include quality and quantity of any mineral deposits that may be located, the Company's inability to obtain any necessary permits, consents or authorizations required for its activities, the Company's inability to raise the necessary capital to be fully able to implement its business strategies, and other risks and uncertainties disclosed in the Company's filing statement dated February 9, 2021 and latest interim Management's Discussion and Analysis filed with certain securities commissions in Canada.
本新聞稿中的某些陳述是前瞻性陳述,這些陳述不是純粹的歷史性陳述,包括任何有關對未來的信念、計劃、期望或意圖的陳述。本新聞稿中的前瞻性陳述包括與發行結束、擬發行規模和擬使用收益有關的陳述。前瞻性陳述通常用“將”、“可能”、“應該”、“預期”、“預期”和類似的表達方式來識別。本新聞稿中包含的除歷史事實陳述外的所有陳述,包括有關擬議的鑽井時間表和擬議的勘探計劃擴大的陳述,均為前瞻性陳述,涉及風險和不確定因素。不能保證這些陳述將被證明是準確和實際的結果,未來的事件可能與這些陳述中預期的大不相同。可能導致實際結果與公司預期大不相同的重要因素包括 這些因素包括:可能存在的任何礦藏的質量和數量;公司無法獲得其活動所需的任何必要的許可、同意或授權;公司無法籌集必要的資本以全面實施其業務戰略;以及在公司於2021年2月9日的備案聲明和最新的臨時管理層提交給加拿大某些證券委員會的討論和分析中披露的其他風險和不確定性。
The reader is cautioned that assumptions used in the preparation of any forward-looking statements herein may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect, and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by Canadian securities law.
提醒讀者,在編制本文中的任何前瞻性陳述時使用的假設可能被證明是不正確的。由於許多已知和未知的風險、不確定性和其他因素,其中許多是公司無法控制的,事件或情況可能會導致實際結果與預測的結果大不相同。提醒讀者不要過度依賴任何前瞻性信息。這些信息雖然在準備時被管理層認為是合理的,但可能被證明是不正確的,實際結果可能與預期的大不相同。本新聞稿中包含的前瞻性陳述明確地受到本警示性聲明的限制。本新聞稿中包含的前瞻性陳述是截至本新聞稿發佈之日作出的,公司將按照加拿大證券法的明確要求更新或公開修改任何包含的前瞻性陳述。
SOURCE: Kalo Gold Corp.
資料來源:卡洛黃金公司