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Pegmatite One Announces Option Agreement With ASX Listed Valor Resources and Amendments to Existing Option Agreements

Pegmatite One Announces Option Agreement With ASX Listed Valor Resources and Amendments to Existing Option Agreements

Pegmatite One宣佈與澳大利亞證券交易所上市公司Valor Resources達成期權協議,並對現有期權協議進行修訂
newsfile ·  2023/12/05 07:00

Vancouver, British Columbia--(Newsfile Corp. - December 5, 2023) - Pegmatite One Lithium and Gold Corp. (CSE: PGA) ("Pegmatite One" or the "Company") is pleased to announce it has entered into an agreement dated December 4, 2023 (the "Agreement"), with Valor Resources Limited ("Valor"), an arm's length party, listed on the ASX. The Agreement grants Valor the right to acquire a 100% interest (subject to existing net smelter returns) in the Company's Frazer Lake Project (the "Frazer Property") and Morrison River Project (the "Morrison Property") for a total of A$400,000 cash (or 100,000,000 ordinary shares in the capital of Valor (each a "Valor Share") at a deemed issue price of $0.004 per Valor Share, at Valor's election) and 1,250,000,000 Valor Shares (collectively,the "Transaction").

不列顛哥倫比亞省溫哥華--(Newsfile Corp.,2023 年 12 月 5 日)-Pegmatite One 鋰金公司(CSE:PGA)(”偉晶岩一號“或者”公司“) 很高興地宣佈,它已於2023年12月4日簽訂協議(”協議“),由華樂資源有限公司 (”英勇“),一家在澳大利亞證券交易所上市的獨立派對。該協議授予Valor收購公司弗雷澤湖項目(視現有冶煉廠淨回報而定)的100%權益(視熔鍊廠的現有淨回報而定)弗雷澤地產“)和莫里森河項目(那個”莫里森 財產“) 總共獲得40萬澳元的現金(或Valor資本中的1億股普通股)(每股a”Valor Share“) 視同發行價格爲每股華樂股0.004美元(由Valor選擇)和12.5億股華樂股票(合稱”交易“)。

Valor Details

英勇詳情

Valor is an ASX listed, Australia-based exploration company with a focus on uranium and rare earths projects in Canada. Valor's Canadian portfolio includes:

Valor是一家在澳大利亞證券交易所上市、總部位於澳大利亞的勘探公司,專注於加拿大的鈾和稀土項目。Valor在加拿大的投資組合包括:

  1. Hook Lake Uranium Project: Valor has the right to earn an 80% working interest in this project, located about 60 kilometers east of the Key Lake Uranium Mine in northern Saskatchewan. The project spans over 25,846 hectares and includes 16 contiguous mineral claims with several prospective areas for uranium mineralization.

  2. Cluff Lake Uranium Project: This project is situated 7 kilometers east of the Cluff Lake Uranium Mine and consists of 19 contiguous mineral claims covering approximately 57,499 hectares. Valor has a 100% interest in this project.

  3. Additional Projects in the Athabasca Basin: Valor holds a 100% interest in six additional projects within the Athabasca Basin, covering over 16,897 hectares. These include the Hidden Bay Project, Surprise Creek Project, Pendleton Lake Project, Beatty River Project, Smitty Project, and Lorado Project.

  1. 胡克湖鈾項目: Valor有權在該項目中獲得80%的營運權益,該項目位於薩斯喀徹溫省北部基湖鈾礦以東約60公里處。該項目佔地超過25,846公頃,包括16個毗連礦產權,以及幾個鈾礦化前景區域。

  2. 克拉夫湖鈾項目: 該項目位於克拉夫湖鈾礦以東7公里處,包括19個毗連礦產權,佔地約57,499公頃。Valor在該項目中擁有100%的權益。

  3. 阿薩巴斯卡盆地的其他項目: Valor持有阿薩巴斯卡盆地另外六個項目的100%權益,佔地超過16,897公頃。其中包括 Hidden Bay 項目、Surprise Creek 項目、彭德爾頓湖項目、Beatty River Project、Smitty Project 和 Lorado 項目。

Management Commentary

管理層評論

Kelly Abbott, CEO of Pegmatite One, expressed his enthusiasm, stating, "As we embark on this transformative journey with Valor Resources, we are not only advancing our strategic goals but also ensuring significant value creation for our shareholders." Abbott continued, "the acquisition of our projects by Valor marks a new chapter in our story. It represents a synergy of exploration excellence and shareholder interests. Our confidence in this venture is reflected in our decision to reward our shareholders, who are the bedrock of our success. Together, we are poised to explore the untapped potential of our lithium projects and contribute to the sustainable energy landscape."

Pegmatite One首席執行官凱利·阿伯特表達了自己的熱情,他說:“當我們與Valor Resources一起踏上這段變革之旅時,我們不僅在推進戰略目標,還確保爲股東創造重大價值。”雅培繼續說:“Valor收購我們的項目標誌着我們故事開啓了新的篇章。它代表了卓越的勘探和股東利益的協同作用。我們對這家合資企業的信心反映在我們對股東進行獎勵的決定上,股東是我們成功的基石。我們準備共同探索鋰項目尚未開發的潛力,併爲可持續能源格局做出貢獻。”

The Company intends to further pursue further exploration of it's BC property, Georgina. The Georgina Property consists of one mineral claim covering 2,069 hectares.

該公司打算進一步探索其在不列顛哥倫比亞省的Georgina地產。喬治娜財產包括一項佔地2,069公頃的礦產權。

Transaction Details

交易詳情

Morrison Property

莫里森地產

Pursuant to the Agreement, Valor may acquire a 100% interest (subject to existing net smelter returns) in the Morrison Property, which is a non-binding obligation of the parties, by Valor paying the Company a total of A$80,000 cash (or 20,000,000 ordinary shares in the capital of Valor (each a "Valor Share") at a deemed issue price of $0.004 per Valor Share, at Valor's election) and 250,000,000 Valor Shares, as follows:

根據該協議,Valor可以通過向公司支付總額爲8萬澳元的現金(或Valor資本中的20,000萬股普通股)(每股爲a”)收購莫里森地產的100%權益(視熔鍊廠現有的淨回報而定),這是雙方的不具約束力的義務。Valor Share“) 的認定發行價格爲每股Valor股票0.004美元(由Valor選擇)和2.5億股Valor股票,如下所示:

  1. A$20,000 cash or 5,000,000 Valor Shares, at Valor's election, on the earlier of:

    1. upon execution of a definitive agreement (the "Formal Agreement") between the parties relating to the Morrison Property; or

    2. December 31, 2023, provided the Company has completed their due diligence on Valor, which date is extended until the date that the Company has completed their due diligence on Valor.

  2. A$30,000 cash or 7,500,000 Valor Shares, at Valor's election, on the earlier of:

    1. upon commencement of on ground field-based exploration activities; or

    2. June 1, 2024.

  3. A$30,000 cash or 7,500,000 Valor Shares, at Valor's election, on or before the 3rd month anniversary from commencement of on ground field-based exploration activities.

  4. On or before September 30, 2024, 250,000,000 Valor Shares, if Valor elects to proceed with the acquisition of 100% interest (subject to existing net smelter returns) in the Morrison Property.

  1. 在Valor當選時,2萬澳元現金或500萬股Valor股票,以較早者爲準:

    1. 在執行最終協議後(”正式協議“) 與莫里森財產有關的雙方之間;或

    2. 2023年12月31日,前提是公司已完成對Valor的盡職調查,該日期將延長至公司完成對Valor的盡職調查之日。

  2. 在Valor當選時,3萬澳元現金或750萬股Valor股票,以較早者爲準:

    1. 地面勘探活動開始時;或

    2. 2024年6月1日。

  3. 3萬澳元現金或750萬股華樂股票,由Valor選出,當天或之前第三方 地面勘探活動開始一個月週年。

  4. 如果Valor選擇繼續收購莫里森地產的100%權益(視冶煉廠的現有淨回報而定),則在2024年9月30日當天或之前,將發行2.5億股Valor股份。

Frazer Property

弗雷澤地產

Pursuant to the Agreement, Valor may acquire a 100% interest (subject to existing net smelter returns) in the Frazer Property, which is a binding obligation of the parties, by Valor paying the Company a total of A$320,000 cash (or 80,000,000 Valor Shares, at Valor's election) and 1,000,000,000 Valor Shares, as follows:

根據該協議,Valor可以通過向公司支付總額爲32萬澳元的現金(或由Valor選擇的8,000,000萬股Valor股份)和100億股Valor股份,收購弗雷澤地產的100%權益(視現有的冶煉廠淨收益而定),這是雙方具有約束力的義務,具體如下:

  1. A$80,000 cash or 20,000,000 Valor Shares, at Valor's election, on the earlier of:

    1. upon execution of a Formal Agreement between the parties relating to the Frazer Property; or

    2. December 31, 2023, provided the Company has completed their due diligence on Valor, which date is extended until the date that the Company has completed their due diligence on Valor.

  2. A$120,000 cash or 30,000,000 Valor Shares, at Valor's election, on the earlier of:

    1. upon commencement of on ground field-based exploration activities; or

    2. June 1, 2024.

  3. A$120,000 cash or 30,000,000 Valor Shares, at Valor's election, on or before the 3rd month anniversary from commencement of on ground field-based exploration activities.

  4. On or before September 30, 2024, 1,000,000,000 Valor Shares, if Valor elects to proceed with the acquisition of 100% interest (subject to existing net smelter returns) in the Frazer Property.

  1. 在 Valor 當選時,8 萬澳元現金或 20,000,000 股 Valor 股票,以較早者爲準:

    1. 雙方簽訂與弗雷澤財產有關的正式協議後;或

    2. 2023年12月31日,前提是公司已完成對Valor的盡職調查,該日期將延長至公司完成對Valor的盡職調查之日。

  2. 在Valor當選時,120,000澳元現金或3,000,000股華樂股票,以較早者爲準:

    1. 地面勘探活動開始時;或

    2. 2024年6月1日。

  3. 12萬澳元現金或3,000,000股華樂股票,由Valor選出,當天或之前第三方 地面勘探活動開始一個月週年。

  4. 如果Valor選擇繼續收購弗雷澤地產的100%權益(視熔鍊廠的現有淨回報而定),則在2024年9月30日當天或之前,將發行1,000,000,000股Valor股份。

The cash and share payments to be made by Valor for the Frazer Property in A. and B. above, are firm commitments and must be made even in the event that Valor terminates the Agreement and chooses not to exercise the option for the Frazer Property, except in certain circumstances.

Valor將爲上文A和B中的Frazer地產支付的現金和股份付款是堅定的承諾,即使Valor終止協議並選擇不行使弗雷澤財產的期權,也必須支付,除非在某些情況下。

The Agreement contains, and the Formal Agreements will contain, customary representations, warranties and covenants for transactions of this type, including a termination fee up to A$500,000 in the event that the Transaction is terminated as a result of a breach of the non-solicitation covenants and up to A$250,000 in the event of breach of representations and warranties. The Agreement also provides for a non-solicitation covenant and a provision for the right for each party to match any superior proposal for a period of ten business days.

本協議包含此類交易的慣例陳述、擔保和契約,並將包含此類交易的慣例陳述、擔保和契約,包括因違反非招標契約而終止交易時最高爲500,000澳元的終止費,如果違反陳述和保證,則最高爲250,000澳元。該協議還規定了非招標契約,並規定各方有權在十個工作日內匹配任何上級提案。

The Transaction is subject to, among other things, the approval of Pegmatite One shareholders, if required, receipt of required regulatory approvals, and other customary conditions of closing.

除其他外,該交易還需獲得Pegmatite One股東的批准(如果需要)、獲得所需的監管批准以及其他慣例成交條件。

Amendments to Existing Option Agreement

對現有期權協議的修訂

1st Option Agreement

第一期權協議

Pegmatite One is pleased to announce it has entered into an amending agreement (the "1st Amending Agreement"), to amend the option agreement previously announced by the Company on June 28, 2023 (the "1st Option Agreement"), to reduce the consideration to be paid upon exercise of the 1st Option Agreement and extend the deadline for the consideration to paid. Pursuant to the 1st Amending Agreement, in order for the Company to exercise its option in the 1st Option Agreement, it will now be required to pay:

Pegmatite One 很高興地宣佈,它已經簽訂了一項修正協議(”第一份修正協議“),修改公司先前於2023年6月28日宣佈的期權協議(第一期權協議“),減少行使第一期權協議時應支付的對價,並延長支付對價的最後期限。根據第一份修正協議,爲了使公司行使第一期權協議中的期權,現在需要支付:

  1. $25,000 (previously $250,000) on or before August 8, 2026 (previously June 28, 2024); and

  2. issue 2,000,000 common shares of the Company (each a "PGA Share") (previously 20,000,000 PGA Shares) on or before August 8, 2026 (previously June 28, 2024).

  1. 2026年8月8日(之前爲2024年6月28日)當天或之前的2.5萬美元(之前爲25萬美元);以及

  2. 發行公司2,000,000股普通股(每股 a”PGA 股票“)(之前爲20,000萬股PGA股票)在2026年8月8日(之前爲2024年6月28日)當天或之前。

2nd Option Agreement

2 期權協議

Pegmatite One is pleased to announce it has entered into a second amending agreement (the "2nd Amending Agreement"), to amend the option agreement previously announced by the Company on August 10, 2023 (the "2nd Option Agreement"), as previously amended to reduce the consideration to be paid upon exercise of the 2nd Option Agreement and amend the deadline for the consideration to paid. Pursuant to the 2nd Amending Agreement, in order for the Company to exercise its option in the 2nd Option Agreement, it will now be required to pay:

Pegmatite One 很高興地宣佈,它已經簽訂了第二份修正協議(2 修改協議“),修改公司先前於2023年8月10日宣佈的期權協議(”2 期權協議“),經先前修訂,以減少行使2項規定時應支付的對價 期權協議並修改支付對價的最後期限。根據第 2 條 修改協議,以便公司行使其在協議2中的選擇權 期權協議,現在需要支付:

  1. $25,000 (previously $1,000,000) on or before August 8, 2026 (previously August 14, 2024); and

  2. issue 3,200,000 PGA Shares (previously 32,000,000 PGA Shares) on or before August 8, 2026 (previously August 14, 2024).

  1. 2026年8月8日(之前爲2024年8月14日)當天或之前的2.5萬美元(之前爲100萬美元);以及

  2. 在2026年8月8日(之前爲2024年8月14日)當天或之前發行320萬股PGA股票(之前爲32,000,000股PGA股票)。

On Behalf of Pegmatite One Lithium and Gold Corp.

代表 Pegmatite One Lithum and Gold Corp.

Kelly Abbott, CEO

首席執行官凱利·阿伯特

Email: kelly@pegmatiteone.com

電子郵件:kelly@pegmatiteone.com

About Pegmatite One Lithium and Gold Corp.

關於 Pegmatite One 鋰金公司

Pegmatite One is a publicly traded company exploring for lithium and gold. The company is committed to responsible mining practices and operates two mineral exploration properties in Northwestern Ontario and a third mineral exploration property on Vancouver Island.

Pegmatite One 是一家開採鋰和黃金的上市公司。該公司致力於採取負責任的採礦行爲,在安大略省西北部經營兩處礦產勘探地產,在溫哥華島經營第三處礦產勘探地產。

Forward-Looking Information and Cautionary Statements

前瞻性信息和警示聲明

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expect", "potential", "believe", "intend" or the negative of these terms and similar expressions. Forward-looking statements in this news release include statements relating to: the transformative impact and significant value creation of the Transaction; synergies expected with the closing of the Transaction; the satisfaction of closing conditions including, without limitation (i) shareholder approval; (ii) necessary approvals; and (iii) other closing conditions, including, without limitation, obtaining certain consents, and compliance by the Company and Valor with various covenants contained in the Agreement. In particular, there can be no assurance that the Transaction will be completed.

根據適用的證券法,本新聞稿中的某些信息構成前瞻性陳述。本新聞稿中包含的任何非歷史事實陳述的陳述均可被視爲前瞻性陳述。前瞻性陳述通常由諸如 “可能”、“應該”、“預期”、“期望”、“潛力”、“相信”、“打算” 或這些術語和類似表達方式的否定之類的術語來識別。本新聞稿中的前瞻性陳述包括與以下內容相關的陳述:本次交易的變革性影響和重大價值創造;交易完成後的預期協同效應; 滿足成交條件,包括但不限於(i)股東批准;(ii)必要的批准;(iii)其他成交條件,包括但不限於獲得某些同意,以及公司和Valor遵守協議中包含的各種契約。特別是,無法保證交易會完成。

Forward-looking information in this press release are based on certain assumptions and expected future events, namely: results of operations, performance, industry trends; the Company's ability to satisfy closing conditions; the Company's ability to maintain its mineral tenures and concessions in good standing; the Company's ability to manage the economic conditions or financial markets; the Company's ability to manage the inherent hazards associates with mineral exploration and mining operations; future prices of metals; and changes in general economic conditions.

本新聞稿中的前瞻性信息基於某些假設和預期的未來事件,即:經營業績、業績、行業趨勢;公司滿足收盤條件的能力;公司維持礦產權和特許權良好信譽的能力;公司管理經濟狀況或金融市場的能力;公司管理與礦產勘探和採礦業務相關的固有風險的能力;金屬的未來價格;以及總體經濟狀況的變化。

These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the Company's inability to satisfy closing conditions; inability to close the Transaction; the Company's inability to maintain its mineral tenures and concessions in good standing; the Company's inability to manage the economic conditions or financial markets; and the Company's inability to manage the inherent hazards associates with mineral exploration and mining operations; adverse changes to future prices of metals; adverse changes in general economic conditions.

這些陳述涉及已知和未知的風險、不確定性和其他因素,可能導致實際業績、業績或成就與此類陳述所表達或暗示的結果存在重大差異,包括但不限於:公司無法滿足成交條件;無法完成交易;公司無法維持其礦產期權和特許權的良好信譽;公司無法管理經濟狀況或金融市場;以及公司無法管理固有的風險與礦產勘探和採礦業務有關;金屬未來價格的不利變化;總體經濟狀況的不利變化。

Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. 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 press release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

提醒讀者,上述清單並不詳盡。進一步提醒讀者不要過分依賴前瞻性陳述,因爲無法保證前瞻性陳述所依據的計劃、意圖或預期會發生。儘管管理層在編制時認爲此類信息是合理的,但可能被證明是不正確的,實際結果可能與預期結果存在重大差異。本新聞稿中包含的前瞻性陳述受本警示聲明的明確限制,反映了公司截至本文發佈之日的預期,此後可能會發生變化。除非適用法律要求,否則公司沒有義務更新或修改任何前瞻性陳述,無論是由於新信息、估計或觀點、未來事件或結果還是其他原因,也沒有義務解釋後續實際事件與此類前瞻性信息之間的任何重大差異。

To view the source version of this press release, please visit

要查看本新聞稿的源版本,請訪問

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
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