NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES
VANCOUVER, BC / ACCESSWIRE / December 19, 2023 / Intrepid Metals Corp. (TSX.V:INTR)(OTCQB:IMTCF) ("Intrepid" or the "Company") announces a non-brokered private placement (the "Offering") with Leocor Gold Inc. (CSE: LECR) ("Leocor") consisting of 8,823,529 units (the "Units"), with each Unit consisting of one post-Consolidation common share and one common share purchase warrant (each a "Warrant") at a price of $0.34 (post-Consolidation) per Unit for aggregate gross proceeds of $3 million. Each Warrant shall entitle the holder thereof to acquire one additional common share at a price of $0.40 (post-Consolidation) for a period of twenty-four (24) months from the closing date of the Offering. Prior to the closing of the Offering, Intrepid shall complete a consolidation of its common shares on the basis of one post-consolidation common share for every two pre-consolidation common shares (the "Consolidation").
Intrepid intends to close the Offering as soon as practicable following TSX Venture Exchange approval. As part of the transaction, Leocor will have the right to nominate two directors to the Board of Directors of the Company. The directors will be nominated concurrent with the closing of the Offering.
Intrepid also intends to concurrently conduct an additional non-brokered private placement (the "Secondary Offering") consisting of up to 5,882,353 units (the "Secondary Units"), with each Second Unit consisting of one post-Consolidation common share and one common share purchase warrant (each a "Secondary Warrant") at a price of $0.34 (post-Consolidation) per Secondary Unit for aggregate gross proceeds of up to $2 million. Each Secondary Warrant shall entitle the holder thereof to acquire one additional common share at a price of $0.40 (post-Consolidation) for a period of twenty-four (24) months from the closing date of the Secondary Offering. Intrepid intends to close the Secondary Offering in January 2024 to accommodate for the holiday season.
The net proceeds of the Offering and Secondary Offering will be used for exploration expenditures on the Company's mineral properties and general working capital.
The closing of the Offering is not conditional on the closing of the Secondary Offering. Closing of the Offering and Secondary Offering is subject to approval of the TSX Venture Exchange.
As a result of this transaction, the Issuer announces that it is withdrawing its previously announced offering pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (refer to press release dated November 14, 2023 for additional detail).
This news release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements.
About Intrepid Metals Corp.
Intrepid Metals Corp. is a Canadian company focused on exploring for high-grade essential metals such as copper, silver, lead, and zinc mineral projects in proximity to established mining jurisdictions in southeastern Arizona, USA. The Company has acquired or has agreements to acquire several drill ready projects, including the Corral Copper Project (a district scale advanced exploration and development opportunity with significant shallow historical drill results), the Tombstone South Project (within the historical Tombstone mining district with geological similarities to the Taylor Deposit, which was purchased for $1.3B in 2018) both of which are located in Cochise County, Arizona and the Mesa Well Project (located in the Laramide Copper Porphyry Belt in Arizona). Intrepid has assembled an exceptional team with considerable experience with exploration, developing, and permitting new projects within North America. Intrepid is traded on the TSX Venture Exchange (TSXV) under the symbol "INTR" and on the OTCQB Venture Market under the symbol "IMTCF". For more information, visit .
INTREPID METALS CORP.
On behalf of the Company
"Ken Brophy"
CEO
For further information regarding this news release, please contact:
Ken Brophy
CEO
604-681-8030
info@intrepidmetals.com
Cautionary Note Regarding Forward-Looking Information
Certain statements contained in this release constitute forward-looking information within the meaning of applicable Canadian securities laws. Such forward-looking statements relate the completion of the Offering or any tranche thereof; the number of securities to be issued under the Offering and Secondary Offering and the gross proceeds received; the timing of the closing of the Offering and Secondary Offering; the payment of any finders fees and the form thereof; and the use of net proceeds from the Offering and Secondary Offering.
In certain cases, forward-looking information can be identified by the use of words such as "plans", "expects", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", "occur" or "be achieved" suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this news release is based on certain factors and assumptions regarding, among other things, the Company can raise additional financing to continue operations; the TSXV approves the Offering; and the timing of closing the Offering. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.
Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. The forward-looking information is made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update or revise any forward-looking information.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Intrepid Metals Corp.
View the original press release on accesswire.com
不適用於在美國或通過美國新聞專線服務傳播
不列顛哥倫比亞省溫哥華/ACCESSWIRE/2023年12月19日/Intrepid Metals Corp.(多倫多證券交易所股票代碼:INTR)(OTCQB: IMTCF)(“Intrepid” 或 “公司”)宣佈與Leocor Gold Inc.(CSE:LECR)(“Leocor”)進行非經紀私募配售(“發行”),包括8,823,529個單位(“單位”),每個單位由一股合併後的普通股和一份普通股購買權證(均爲 “認股權證”)組成,每股價格爲0.34美元(合併後),總收益爲300萬美元。每份認股權證的持有人有權在自發行截止之日起二十四(24)個月內以0.40美元(合併後)的價格再收購一股普通股。在本次發行結束之前,Intrepid應在合併前每兩股普通股獲得一股合併後普通股(“合併”)的基礎上,完成其普通股的合併。
Intrepid打算在多倫多證券交易所風險交易所批准後儘快結束本次發行。作爲交易的一部分,Leocor將有權提名兩名董事加入公司董事會。董事將在本次發行結束時同時獲得提名。
Intrepid還打算同時進行額外的非經紀私募配售(“二次發行”),最多包含5,882,353個單位(“二級單位”),每個第二單位由一股合併後的普通股和一份普通股購買權證(均爲 “二級認股權證”)組成,價格爲每二級單位0.34美元(合併後),總收益高達200萬美元。每份二級認股權證的持有人有權自二次發行截止之日起二十四(24)個月內以0.40美元(合併後)的價格再收購一股普通股。Intrepid打算在2024年1月結束二次發行,以適應假日季的到來。
本次發行和二次發行的淨收益將用於公司礦產和一般營運資金的勘探支出。
本次發行的結束不以二次發行的結束爲條件。本次發行和二次發行的結束需要獲得多倫多證券交易所風險交易所的批准。
由於本次交易,發行人宣佈將根據NI 45-106第5A部分的上市發行人融資豁免撤回先前宣佈的發行(更多細節請參閱2023年11月14日的新聞稿)。
本新聞稿不構成在美國出售證券的要約。所發行的證券沒有也不會根據經修訂的1933年《美國證券法》進行註冊,如果沒有美國註冊或美國註冊要求的適用豁免,則此類證券不得在美國境內發行或出售。
關於無畏金屬公司
Intrepid Metals Corp. 是一家加拿大公司,專注於在美國亞利桑那州東南部已建立的採礦管轄區附近勘探高品位必需金屬,例如銅、銀、鉛和鋅礦產項目。該公司已經收購或已達成協議收購多個鑽探就緒項目,包括位於亞利桑那州科奇斯縣的科勒爾銅礦項目(具有顯著的淺層鑽探結果的區域規模的高級勘探和開發機會)、Tombstone South項目(位於歷史悠久的湯姆斯通礦區內,與2018年以13億美元的價格收購的泰勒礦牀相似)和位於亞利桑那州科奇斯縣的梅薩井項目(位於拉拉米德銅礦區內)亞利桑那州的斑岩帶)。Intrepid 組建了一支在北美探索、開發和許可新項目方面擁有豐富經驗的卓越團隊。Intrepid在多倫多證券交易所風險交易所(TSXV)上市,股票代碼爲 “INTR”,在OTCQB風險市場上交易代碼爲 “IMTCF”。欲了解更多信息,請訪問。
無畏金屬公司
代表公司
“肯·布羅菲”
首席執行官
有關本新聞稿的更多信息,請聯繫:
肯·布羅菲
首席執行官
604-681-8030
info@intrepidmetals.com
關於前瞻性信息的警示說明
本新聞稿中包含的某些陳述構成適用的加拿大證券法所指的前瞻性信息。此類前瞻性陳述涉及本次發行或其中任何一部分的完成;將在本次發行和二次發行下發行的證券數量和獲得的總收益;發行和二次發行的結束時間;任何發現者費用的支付及其形式;以及發行和二次發行淨收益的使用。
在某些情況下,可以通過使用 “計劃”、“期望”、“預算”、“預期”、“估計”、“預測”、“打算”、“預期” 或 “相信” 等詞語來識別前瞻性信息,或聲明某些行動、事件或結果 “可能”、“可能”、“發生” 或 “實現”,暗示將來結果,或其他關於未來事件或績效的期望、信念、計劃、目標、假設、意圖或陳述。本新聞稿中包含的前瞻性信息基於某些因素和假設,這些因素和假設涉及公司可以籌集額外融資以繼續運營;多倫多證券交易所批准本次發行;以及完成發行的時間等。儘管根據目前獲得的信息,公司認爲這些假設是合理的,但這些假設可能被證明是不正確的。
前瞻性信息涉及已知和未知的風險、不確定性和其他因素,這些因素可能導致公司的實際業績、業績或成就與前瞻性信息所表達或暗示的任何未來業績、業績或成就存在重大差異。前瞻性信息是截至本新聞發佈之日發佈的。除非適用的證券法要求,否則公司不承擔任何公開更新或修改任何前瞻性信息的義務。
多倫多證券交易所風險投資交易所及其監管服務提供商(該術語在多倫多證券交易所風險交易所的政策中定義)均未審查本新聞稿的充分性或準確性或對其承擔責任。
來源:無畏金屬公司
在 accesswire.com 上查看原始新聞稿