Ascot Closes C$29 Million Bought Deal Financing and US$50 Million in Additional Funding for Completion and Ramp-Up of the Premier Gold Project
Ascot Closes C$29 Million Bought Deal Financing and US$50 Million in Additional Funding for Completion and Ramp-Up of the Premier Gold Project
Not for distribution to U.S. news wire services or dissemination in the United States.
不適用於分發給美國新聞通訊社或在美國傳播。
VANCOUVER, British Columbia, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) ("Ascot" or the "Company") is pleased to announce that the Company has closed its financing for a total of US$50 million from Sprott Resource Streaming and Royalty Corp. and/or its affiliates ("Sprott Streaming") and Nebari Natural Resources Credit Fund II, LP ("Nebari"), as further described in the Company's news release dated January 22, 2024.
不列顛哥倫比亞省溫哥華,2024年2月20日(GLOBE NEWSWIRE)——阿斯科特資源有限公司(多倫多證券交易所股票代碼:AOT;OTCQX:AOTVF)(“Ascot” 或 “公司”)欣然宣佈,公司已完成對Sprott Resources Streaming and Royalty Corp.和/或其附屬公司(“Sprott Streaming”)和Nebari自然資源信貸基金總額爲5000萬美元的融資 II,LP(“Nebari”),該公司在2024年1月22日的新聞稿中進一步描述了這一點。
Concurrently, the Company closed its previously announced bought deal private placement financing with a syndicate of underwriters co-led by BMO Capital Markets and Desjardins Capital Markets (together, the "Joint Bookrunners"), and including CIBC World Markets Inc., Raymond James Ltd. and Velocity Trade Capital Ltd. (collectively, with the Joint Bookrunners, the "Underwriters"). Under the bought deal financing, the Company issued a total of 65,343,000 common shares of the Company (the "Common Shares") at a price of C$0.44 per Common Share, for gross proceeds of approximately C$29 million, which included the full exercise of the Underwriters' option.
同時,公司與由BMO資本市場和Desjardins資本市場(統稱爲 “聯合賬簿管理人”)共同牽頭的承銷商集團完成了先前宣佈的收購交易私募融資,其中包括加拿大帝國商業銀行世界市場公司、雷蒙德·詹姆斯有限公司和Velocity Trade Capital Ltd.(合稱 “承銷商”)。根據收購交易融資,公司以每股普通股0.44加元的價格共發行了公司65,343,000股普通股(“普通股”),總收益約爲2900萬加元,其中包括承銷商全部行使期權。
Derek White, President and CEO, commented: "We commend our financing partners Sprott Streaming and Nebari for their cooperation and timely closing for this financing. We express our gratitude to our existing shareholders who participated in the bought deal financing, including our largest shareholder Ccori Apu S.A.C., and welcome new institutional shareholders whose support is very much appreciated."
總裁兼首席執行官德里克·懷特評論說: “我們讚揚我們的融資合作伙伴Sprott Streaming和Nebari的合作,並及時完成了這筆融資。我們對參與收購交易融資的現有股東表示感謝,包括我們的最大股東Ccori Apu S.A.C.,並歡迎新的機構股東的支持。”
Michael Harrison, Managing Partner at Sprott Streaming, commented: "We are very pleased to expand our partnership and continue to support Ascot Resources as the team prepares for imminent production from the Premier Gold Project. Sprott Streaming continues to provide funding to advance quality projects and provide project financing to bring mines into production."
Sprott Streaming的管理合夥人邁克爾·哈里森評論說: “我們很高興擴大我們的合作伙伴關係,並繼續支持Ascot Resources,因爲該團隊正在爲Premier Gold Project即將投入的生產做準備。Sprott Streaming繼續爲推進高質量項目提供資金,並提供項目融資以使礦山投入生產。”
Nebari Managing Director, Juan Alvarez, stated: "We are very pleased to be providing additional funding to Ascot in the form of a cost overrun facility as support for the construction and ramp-up of the Premier Gold Project."
Nebari 董事總經理胡安·阿爾瓦雷斯表示:”我們很高興以成本超支設施的形式向阿斯科特提供額外資金,以支持Premier Gold Project的建設和擴建。”
Any securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.
所發行的任何證券均未根據經修訂的1933年《美國證券法》進行註冊,未經註冊或未獲得相應的註冊要求豁免,不得在美國發行或出售。本新聞稿不應構成賣出要約或買入要約的邀請,也不得在任何州出售證券,也不應在該等要約、招攬或出售爲非法的州進行任何證券的出售。
ADVISORS
顧問們
Auramet International LLC is acting as financial advisor to Ascot in connection with the Sprott Streaming and Nebari transactions. Blake, Cassels & Graydon LLP is acting as Ascot's legal advisor. Fasken Martineau DuMoulin LLP is acting as Sprott Streaming's legal advisor.
Auramet International LLC在Sprott Streaming和Nebari交易中擔任阿斯科特的財務顧問。Blake、Cassels & Graydon LLP擔任阿斯科特的法律顧問。Fasken Martineau DuMoulin LLP擔任Sprott Streaming的法律顧問。
On behalf of the Board of Directors of Ascot Resources Ltd.
"Derek C. White"
President & CEO
代表阿斯科特資源有限公司董事會
“德里克·C·懷特”
總裁兼首席執行官
For further information contact:
欲了解更多信息,請聯繫:
David Stewart, P.Eng.
VP, Corporate Development & Shareholder Communications
dstewart@ascotgold.com
778-725-1060 ext. 1024
大衛·斯圖爾特,P.Eng
企業發展與股東傳播副總裁
dstewart@ascotgold.com
778-725-1060 分機 1024
About Ascot Resources Ltd.
關於阿斯科特資源有限公司
Ascot is a Canadian junior exploration and development company focused on re-starting the past producing Premier gold mine, located on Nisga'a Nation Treaty Lands, in British Columbia's prolific Golden Triangle. Ascot shares trade on the TSX under the ticker AOT. Concurrent with progressing the development of PGP, the Company continues to explore its properties for additional high-grade underground resources. Ascot is committed to the safe and responsible development of Premier in collaboration with Nisga'a Nation as outlined in the Benefits Agreement.
Ascot是一家加拿大初級勘探和開發公司,專注於重啓位於尼斯的過去生產的Premier金礦ga'a Nation Treaty Lands 位於不列顛哥倫比亞省多產的金三角。阿斯科特股票在多倫多證券交易所上市,股票代碼爲AOT。在推進PGP開發的同時,該公司繼續勘探其地產,尋找更多的高品位地下資源。Ascot 致力於與 Nis 合作,以安全和負責任的方式發展 Premierga'a Nation,如《福利協議》所述。
For more information about the Company, please refer to the Company's profile on SEDAR+ at or visit the Company's web site at , or for a virtual tour visit under Ascot Resources.
有關公司的更多信息,請參閱公司在SEDAR+上的簡介,或訪問公司的網站,或訪問Ascot Resources下的虛擬參觀。
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
多倫多證券交易所尚未審查本新聞稿的充分性或準確性,也不承擔任何責任。
Cautionary Statement Regarding Forward-Looking Information
關於前瞻性信息的警示聲明
All statements and other information contained in this press release about anticipated future events may constitute forward-looking information under Canadian securities laws ("forward-looking statements"). Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect", "targeted", "outlook", "on track" and "intend" and statements that an event or result "may", "will", "should", "could", "would" or "might" occur or be achieved and other similar expressions. All statements, other than statements of historical fact, included herein are forward-looking statements, including statements in respect of advancement and development of the PGP and the timing related thereto, and the completion of the PGP mine. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements, including risks associated with the business of Ascot; risks related to exploration and potential development of Ascot's projects; business and economic conditions in the mining industry generally; fluctuations in commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; the need for cooperation of government agencies and indigenous groups in the exploration and development of Ascot's properties and the issuance of required permits; the need to obtain additional financing to develop properties and uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or development programs and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals; and other risk factors as detailed from time to time in Ascot's filings with Canadian securities regulators, available on Ascot's profile on SEDAR+ at including the Annual Information Form of the Company dated March 23, 2023 in the section entitled "Risk Factors". Forward-looking statements are based on assumptions made with regard to: the estimated costs associated with construction of the Project; the timing of the anticipated start of production at the Project; the ability to maintain throughput and production levels at the PGP mill; the tax rate applicable to the Company; future commodity prices; the grade of mineral resources and mineral reserves; the ability of the Company to convert inferred mineral resources to other categories; the ability of the Company to reduce mining dilution; the ability to reduce capital costs; and exploration plans. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. Although Ascot believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since Ascot can give no assurance that such expectations will prove to be correct. Ascot does not undertake any obligation to update forward-looking statements, other than as required by applicable laws. The forward-looking information contained in this news release is expressly qualified by this cautionary statement.
根據加拿大證券法,本新聞稿中包含的有關未來預期事件的所有陳述和其他信息可能構成前瞻性信息(“前瞻性陳述”)。前瞻性陳述通常使用 “尋求”、“預測”、“相信”、“計劃”、“估計”、“期望”、“目標”、“展望”、“走上正軌” 和 “打算” 等詞語來識別,以及關於某一事件或結果 “可能”、“將”、“可能”、“將” 或 “可能” 發生或實現的陳述以及其他類似的表述。除歷史事實陳述外,此處包含的所有陳述均爲前瞻性陳述,包括有關PGP進展和發展及其相關時機以及PGP礦完工的陳述。這些陳述涉及已知和未知的風險、不確定性和其他因素,可能導致實際結果或事件與此類前瞻性陳述中的預期存在重大差異,包括與Ascot業務相關的風險;與Ascot項目的勘探和潛在開發相關的風險;採礦業的總體商業和經濟狀況;大宗商品價格和貨幣匯率的波動;與鑽探結果解釋以及礦物地質、連續性和品位相關的不確定性存款;政府機構和土著群體在勘探和開發阿斯科特的房產和發放所需許可證方面進行合作的必要性;開發房產需要獲得額外資金以及未來融資的可得性和條件的不確定性;勘探或開發計劃延遲的可能性和實現預期計劃里程碑的不確定性;及時獲得許可證和其他政府批准的不確定性;以及不時詳述的其他風險因素阿斯科特向加拿大證券監管機構提交的文件,可在阿斯科特在SEDAR+上的個人資料中查閱,並在標題爲 “風險因素” 的部分中包括2023年3月23日的公司年度信息表。前瞻性陳述基於以下方面的假設:與項目建設相關的估計成本;項目預計開始生產的時間;維持PGP工廠吞吐量和產量水平的能力;適用於公司的稅率;未來大宗商品價格;礦產資源和礦產儲量等級;公司將推斷的礦產資源轉換爲其他類別的能力;公司減少採礦稀釋的能力;減少資本的能力成本;和勘探計劃。前瞻性陳述基於陳述發表之日管理層的估計和意見。儘管阿斯科特認爲此類前瞻性陳述和/或信息中反映的預期是合理的,但不應過分依賴前瞻性陳述,因爲阿斯科特無法保證此類預期會被證明是正確的。除非適用法律要求,否則Ascot不承擔任何更新前瞻性陳述的義務。本警示聲明明確限制了本新聞稿中包含的前瞻性信息。