Prismo Metals Assays up to 5.69% Copper at the Hot Breccia Project in the Arizona Copper Belt
Prismo Metals Assays up to 5.69% Copper at the Hot Breccia Project in the Arizona Copper Belt
Figure 2. Copper (left) and Gold (right) for historic and Prismo samples plotted on drone orthophoto overlain on satellite image with quartz diorite dike swarm, small mines and prospects and historic drill holes. Hot Breccia land boundary shown in yellow. The inset in the upper left shows the location of the figure in the land package.Vancouver, British Columbia--(Newsfile Corp. - March 26, 2024) - Prismo Metals Inc. (CSE:PRIZ) (OTCQB: PMOMF) ("Prismo" or the "Company") is pleased to announce assay results for samples taken in February during our ongoing exploration program at the Hot Breccia Project located in the heart of the prolific Arizona Copper Belt. The Hot Breccia property hosts a cluster of hydrothermal breccia pipes originating from at least 1 kilometer depth that incorporated a wide range of wallrock fragments including variably copper and gold mineralized sedimentary and intrusive units. These include a fragment of mineralized magnetite skarn encased within a quartz diorite porphyry that assayed 5.69% copper, 0.24 g/t gold and 32.8 g/t silver. Limited historical drilling in the area intersected similarly mineralized magnetite skarn at depth, apparently in place, indicating that extensive porphyry-related copper mineralization occurs at depth in the system. Prismo's recent (2023) ZTEM geophysical survey shows a large conductive feature (Figure 5) adjacent to the historical drilling that is interpreted to be a Resolution-like(1) porphyry-skarn mineralized centre.
不列顛哥倫比亞省溫哥華--（Newsfile Corp.，2024 年 3 月 26 日）-Prismo Metals Inc.（CSE: PRIZ）（場外交易代碼：PMOMF）（”Prismo“或者”公司“）很高興地宣佈我們在位於多產的亞利桑那銅帶中心的Hot Breccia項目正在進行的勘探計劃中於2月份採集的樣本的化驗結果。Hot Breccia地產擁有一組來自至少 1 千米深度的熱液角礫岩管道，這些管道含有各種各樣的壁巖碎片，包括可變的銅和金礦化沉積物和侵入單元。 其中包括包裹在石英閃長巖斑岩中的礦化磁鐵礦硅卡巖碎片，該斑岩可測定 5.69% 的銅、0.24 g/t 的金和 32.8 g/t 的銀。 該地區歷史上有限的鑽探在深度上與類似礦化的磁鐵礦硅卡巖相交，顯然已經到位，這表明該系統的深度發生了大量與斑岩相關的銅礦化。Prismo 最近（2023 年）的 ZTEM 地球物理調查顯示，歷史鑽探附近有一個很大的導電特徵（圖 5），該特徵被解釋爲類似於分辨率(1) porphyry-skarn 礦化中心。
"The widespread high-grade copper and gold mineralization we're finding on the property, combined with the features we're seeing in the breccia, suggests a potential large, mineralized porphyry centre at depth," said Dr. Craig Gibson, Prismo's President and CEO. "Rio Tinto and BHP's proposed Resolution Copper underground mine is expected to become the largest copper mine in North America, capable of producing up to 25 percent of U.S. copper demand each year at an average grade of 1.5% copper(1). We are also excited to note that some breccia fragments are derived from the same favorable sedimentary units that host South-32's Taylor-Hermosa deposit(2) (Figure 3), further suggesting that strong potential exists at Hot Breccia for similar, extensive carbonate replacement style mineralization surrounding the postulated porphyry centre."
Prismo總裁兼首席執行官克雷格·吉布森博士表示：“我們在該地產上發現的廣泛的高品位銅和金礦化，再加上我們在角礫岩中看到的特徵，表明深處可能存在一個大型的礦化斑岩中心。”“力拓和必和必拓擬建的Resolution Copper地下礦預計將成爲北美最大的銅礦，每年能夠生產高達美國銅需求的25％，平均銅品位爲1.5％(1)。我們還興奮地注意到，一些角礫岩碎片來自託管 South-32 Taylor-Hermosa 礦牀的相同有利沉積單元(2) （圖 3），進一步表明 Hot Breccia 在假定的斑岩中心周圍存在類似的、廣泛的碳酸鹽置換式礦化的巨大潛力。”
Figure 1. Location of the Hot Breccia project (Source: public disclosure)
圖 1。 Hot Breccia 項目的位置（來源：公開披露）
Figure 2. Copper (left) and Gold (right) for historic and Prismo samples plotted on drone orthophoto overlain on satellite image with quartz diorite dike swarm, small mines and prospects and historic drill holes. Hot Breccia land boundary shown in yellow. The inset in the upper left shows the location of the figure in the land package.
圖 2。 在無人機正射影像上繪製的歷史樣本和棱鏡樣本的銅（左）和金（右）覆蓋在衛星圖像上，上面有石英閃長巖堤壩群、小型礦山和前景以及歷史鑽孔。熱角礫岩陸地邊界以黃色顯示。左上角的插頁顯示了該圖在土地包中的位置。
Figure 3. Location of the Hermosa Project (South32 Limited)
圖 3。Hermosa 項目（South32 Limited）的位置
Table 1. Assays for samples taken in February from Hot Breccia
表 1。對二月份從 Hot Breccia 採集的樣本進行化驗
| Sample | Easting | Northing | Type | Width (m) | Cu_% | Au_g/t | Ag_g/t | ||
| 256613 | 526,484 | 3,653,645 | Dump | - | 0.98 | 6.5 | 1.4 | ||
| 256614 | 527,025 | 3,654,496 | Dump | - | 0.24 | 0.7 | 1.6 | ||
| 256615 | 526,754 | 3,654,359 | Chip | 0.5 | 0.02 | 9.7 | 2.5 | ||
| 256616 | 526,563 | 3,653,713 | Chip | 0.5 | 0.02 | 0.3 | 0.5 | ||
| 256617 | 526,843 | 3,654,224 | Chip | 0.2 | 0.04 | 2.2 | 3.2 | ||
| 256618 | 525,978 | 3,653,864 | Chip | 2.3 | 0.10 | 0.6 | 9.5 | ||
| 256619 | 525,979 | 3,653,898 | Selected | 0.5 | 0.00 | 0.0 | 0.1 | ||
| 256621 | 527,204 | 3,654,235 | Chip | 2.0 | 0.12 | 0.1 | 7.3 | ||
| 256622 | 527,276 | 3,653,903 | Chip | 2.5 | 0.40 | 1.8 | 1.6 | ||
| 256623 | 527,581 | 3,654,583 | Channel | 0.8 | 0.14 | 0.6 | 10.9 | ||
| 256624 | 527,525 | 3,654,538 | Channel | 1.2 | 0.03 | 4.7 | 50.7 | ||
| 256625 | 527,174 | 3,654,280 | Chip | 1.2 | 0.01 | 0.0 | 1.2 | ||
| 256626 | 526,781 | 3,652,615 | Chip | 0.8 | 0.01 | 2.6 | 5.7 | ||
| 256627 | 526,770 | 3,652,485 | Chip | 0.03 | 0.0 | 0.8 | |||
| 256628 | 526,777 | 3,652,470 | Chip | 0.7 | 0.00 | 0.0 | 0.5 | ||
| 256629 | 526,817 | 3,652,229 | Chip | 1.0 | 0.00 | <0.005 | 0.1 | ||
| 256630 | 526,670 | 3,652,304 | Chip | 1.5 | 0.68 | 0.0 | 2.6 | ||
| 256631 | 526,213 | 3,652,904 | Chip | 0.4 | 0.00 | 0.8 | 0.4 | ||
| 256632 | 526,160 | 3,652,867 | Chip | 1.2 | 1.86 | 0.2 | 1.7 | ||
| 256633 | 526,138 | 3,652,852 | Chip | 1.6 | 0.67 | 1.2 | 1.7 | ||
| 256634 | 526,609 | 3,654,216 | Chip | 0.9 | 0.02 | 0.2 | 1.1 | ||
| 256635 | 526,555 | 3,654,221 | Selected | 0.2 | 0.02 | 2.9 | 2.1 | ||
| 256636 | 526,578 | 3,654,232 | Dump | Dump | 0.01 | 3.6 | 2.2 | ||
| 256637 | 525,734 | 3,654,260 | Chip | 2.5 | 0.00 | 0.0 | 0.0 | ||
| 256638 | 525,699 | 3,654,310 | Dump | Dump | 0.01 | 5.6 | 1.1 | ||
| 256639 | 525,754 | 3,654,322 | Chip | 0.4 | 0.00 | 2.1 | 0.7 | ||
| 256641 | 526,123 | 3,654,474 | Chip | 1 | 0.02 | 0.5 | 4.3 | ||
| 256642 | 525,974 | 3,654,483 | Chip | 1.5 | 0.03 | 0.3 | 0.8 | ||
| 256643 | 525,905 | 3,654,416 | Dump | Dump | 0.01 | 2.4 | 0.4 | ||
| 256644 | 526,935 | 3,653,704 | Selected | Grab | 5.69 | 0.2 | 32.8 | ||
| 示例 | 向東 | 北方 | 類型 | 寬度 (m) | 銅_% | au_g/t | ag_g/t | ||
| 256613 | 526,484 | 3,653,645 | 傾倒 | - | 0.98 | 6.5 | 1.4 | ||
| 256614 | 527,025 | 3,654,496 | 傾倒 | - | 0.24 | 0.7 | 1.6 | ||
| 256615 | 526,754 | 3,654,359 | 芯片 | 0.5 | 0.02 | 9.7 | 2.5 | ||
| 256616 | 526,563 | 3,653,713 | 芯片 | 0.5 | 0.02 | 0.3 | 0.5 | ||
| 256617 | 526,843 | 3,654,224 | 芯片 | 0.2 | 0.04 | 2.2 | 3.2 | ||
| 256618 | 525,978 | 3,653,864 | 芯片 | 2.3 | 0.10 | 0.6 | 9.5 | ||
| 256619 | 525,979 | 3,653,898 | 已選中 | 0.5 | 0.00 | 0.0 | 0.1 | ||
| 256621 | 527,204 | 3,654,235 | 芯片 | 2.0 | 0.12 | 0.1 | 7.3 | ||
| 256622 | 527,276 | 3,653,903 | 芯片 | 2.5 | 0.40 | 1.8 | 1.6 | ||
| 256623 | 527,581 | 3,654,583 | 頻道 | 0.8 | 0.14 | 0.6 | 10.9 | ||
| 256624 | 527,525 | 3,654,538 | 頻道 | 1.2 | 0.03 | 4.7 | 50.7 | ||
| 256625 | 527,174 | 3,654,280 | 芯片 | 1.2 | 0.01 | 0.0 | 1.2 | ||
| 256626 | 526,781 | 3,652,615 | 芯片 | 0.8 | 0.01 | 2.6 | 5.7 | ||
| 256627 | 526,770 | 3,652,485 | 芯片 | 0.03 | 0.0 | 0.8 | |||
| 256628 | 526,777 | 3,652,470 | 芯片 | 0.7 | 0.00 | 0.0 | 0.5 | ||
| 256629 | 526,817 | 3,652,229 | 芯片 | 1.0 | 0.00 | 0.1 | |||
| 256630 | 526,670 | 3,652,304 | 芯片 | 1.5 | 0.68 | 0.0 | 2.6 | ||
| 256631 | 526,213 | 3,652,904 | 芯片 | 0.4 | 0.00 | 0.8 | 0.4 | ||
| 256632 | 526,160 | 3,652,867 | 芯片 | 1.2 | 1.86 | 0.2 | 1.7 | ||
| 256633 | 526,138 | 3,652,852 | 芯片 | 1.6 | 0.67 | 1.2 | 1.7 | ||
| 256634 | 526,609 | 3,654,216 | 芯片 | 0.9 | 0.02 | 0.2 | 1.1 | ||
| 256635 | 526,555 | 3,654,221 | 已選中 | 0.2 | 0.02 | 2.9 | 2.1 | ||
| 256636 | 526,578 | 3,654,232 | 傾倒 | 傾倒 | 0.01 | 3.6 | 2.2 | ||
| 256637 | 525,734 | 3,654,260 | 芯片 | 2.5 | 0.00 | 0.0 | 0.0 | ||
| 256638 | 525,699 | 3,654,310 | 傾倒 | 傾倒 | 0.01 | 5.6 | 1.1 | ||
| 256639 | 525,754 | 3,654,322 | 芯片 | 0.4 | 0.00 | 2.1 | 0.7 | ||
| 256641 | 526,123 | 3,654,474 | 芯片 | 1 | 0.02 | 0.5 | 4.3 | ||
| 256642 | 525,974 | 3,654,483 | 芯片 | 1.5 | 0.03 | 0.3 | 0.8 | ||
| 256643 | 525,905 | 3,654,416 | 傾倒 | 傾倒 | 0.01 | 2.4 | 0.4 | ||
| 256644 | 526,935 | 3,653,704 | 已選中 | 抓住 | 5.69 | 0.2 | 32.8 | ||
Note: Coordinates in WGS84.
注意：WGS84 中的座標。
Hydrothermal breccia pipes, for which the property is named, occur over several hundred square meters. Breccias cut vertically through volcanic rocks and are associated with Laramide-age porphyritic quartz diorite and diorite dikes like the one mentioned above. The breccia bodies are generally matrix supported and contain fragments of various lithologies not present at surface, including irregular to rounded fragments of sedimentary rocks such as limestone and quartzite, various intrusive and volcanic lithologies, and mineralized garnet and magnetite skarn. Skarn fragments have also been transported upwards by intrusions that form a dike swarm cutting northeasterly across the property.
該物業以其命名的熱液角礫岩管道佔地面積超過數百平方米。角礫岩垂直穿過火山岩，與拉拉米德時代的斑岩石英閃長巖和閃長巖堤壩有關，如上所述。角礫岩體通常由基質支撐，包含地表不存在的各種巖性碎片，包括石灰石和石英岩等不規則至圓形的沉積岩碎片、各種侵入性和火山岩性以及礦化石榴石和磁鐵錫卡巖。Skarn碎片也被入侵者向上移動，形成堤防群，向東北穿過該物業。
The Paleozoic sedimentary rock sequence that hosts mineralization in nearby deposits (Freeport McMoran's Christmas Mine, AZ) is known to occur beneath the volcanic rocks several hundred meters below the surface. It is interpreted that both the breccia bodies and the dikes comprising the Hot Breccia project sliced vertically upwards ripping-up mineralized fragments from below and transporting them through the overlying volcanic cover rock exposing them in surface outcrops. These fragments were mineralized prior to transport and their high-grade assays herein reported suggest that underlying bedrock at depth is also likely mineralized.
已知在附近礦牀（亞利桑那州弗裏波特麥克莫蘭的聖誕礦）中進行礦化的古生代沉積岩序列出現在地表以下數百米的火山岩之下。據解釋，角礫岩體和構成 “熱角礫岩” 項目的堤壩都垂直向上切片，從下方撕下礦化碎片，然後將它們運送到上覆的火山覆蓋巖中，使它們暴露在地表露頭中。這些碎片在運輸之前就被礦化了，本文報道的其高品位化驗表明，深處的底層基岩也可能被礦化。
Kennecott drilled seven holes on the project from 1972 to 1981 and Phelps Dodge drilled two holes on and near the current property all at shallower depth that the conductive body identified in our recent ZTEM survey (Figure 5). All drill holes intersected hydrothermal alteration within the volcanic rocks that overlie the typically better mineralized Paleozoic carbonate rocks with increasing alteration intensity downwards (see News Release of January 29, 2023). The carbonate host units have several copper intercepts reported to exceed 1% copper and elevated zinc.
從1972年到1981年，肯尼科特在該項目上鑽了七個洞，菲爾普斯·道奇在當前物業上和附近鑽了兩個洞，全部位於我們最近的ZTEM調查中發現的導電體較淺的深度（圖5）。所有鑽孔都與火山岩內的熱液蝕變相交，火山岩覆蓋了通常礦化程度更好的古生代碳酸鹽巖，向下的蝕變強度越來越大（見2023年1月29日的新聞稿）。碳酸鹽宿主單位有幾種銅截留物，據報道銅含量超過1％，鋅含量升高。
Figure 4. Photos of multilithic breccia with rounded to angular fragments of various lithologies, left and center, and a fragment of copper bearing magnetite skarn within a quartz diorite porphyry dike, right.
圖 4。 左側和中間是多巖性角礫岩的照片，上面是圓形到角度的各種巖性碎片，右圖是石英閃長巖斑岩堤壩中的含銅磁鐵礦硅卡巖碎片。
Figure 5. View of the subsurface at Hot Breccia looking northeasterly showing the conductive body from the ZTEM survey and cross sections of the Christmas deposit and the Hot Breccia area. Historic drill holes are shown with copper assays as disks within the red ellipse; the magenta color indicates > 1% Copper.
圖 5。向東北看的 Hot Breccia 地下視圖，顯示了 ZTEM 調查中的導電體，以及聖誕礦牀和 Hot Breccia 區域的橫截面。歷史鑽孔用銅化驗顯示爲紅色橢圓內的圓盤；洋紅色表示銅含量大於 1%。
Engagement of Capital Analytica
資本分析的參與
Prismo also announced that it has engaged Capital Analytica ("Analytica") to provide investor relations and communications services to the Company in exchange for compensation of $120,000. The services will include continuing social media consultation regarding engagement and enhancement, social sentiment reporting, social engagement reporting, discussion forum monitoring and reporting, corporate video dissemination, and investor relations services. The term of the agreement with Analytica is for a period of six months beginning on March 21, 2024. It is expected that services will be provided by Jeff French, the President of Analytica. Analytica is based in British Columbia and can be reached at 778-872-4551. Capital Analytica and its principals are arm's length to the Company and, as of the date hereof, to the Company's knowledge Analytica does not own any securities of the Company.
Prismo還宣佈，它已聘請Capital Analytica（“Analytica”）向該公司提供投資者關係和溝通服務，以換取12萬美元的薪酬。這些服務將包括有關參與和增強的持續社交媒體諮詢、社交情緒報告、社交參與度報告、討論論壇監測和報告、企業視頻傳播和投資者關係服務。與Analytica的協議期限爲六個月，從2024年3月21日開始。預計服務將由分析公司總裁傑夫·法蘭西提供。Analytica總部位於不列顛哥倫比亞省，可撥打778-872-4551與之聯繫。Capital Analytica及其負責人與公司保持一定距離，據公司所知，截至本文發佈之日，Analytica不擁有該公司的任何證券。
Alain Lambert, Executive Chairman of Prismo stated: "Commodity prices have recently strengthened which we believe will result in renewed investor interest for junior explorers with experienced management teams and excellent exploration projects. To that end, we are pleased to engage the Analytica team. They will help us reach a broader base of new investors. These efforts centered around social media marketing and engagement will complement other aspects of Prismo's 2024 investor relations efforts which will include attendance at various investment conferences and extensive road shows."
Prismo執行董事長阿蘭·蘭伯特表示：“最近大宗商品價格走強，我們認爲這將使投資者重新關注擁有經驗豐富的管理團隊和優秀勘探項目的初級勘探公司。爲此，我們很高興與Analytica團隊合作。它們將幫助我們吸引更廣泛的新投資者基礎。這些以社交媒體營銷和參與爲中心的努力將補充Prismo2024年投資者關係工作的其他方面，其中包括參加各種投資會議和廣泛的路演。”
Shares for Debt Transactions
用於債務交易的股票
Prismo also announces that it has entered into debt settlement agreements (the "Settlement Agreements") with certain creditors of the Company (the "Creditors") pursuant to which the Company agreed to issue to the Creditors, and the Creditors agreed to accept, an aggregate of (i) 2,682,080 common shares of the Company (each, a "Common Share") at a price of $0.17 per Common Share in full and final settlement of accrued and outstanding indebtedness in the aggregate amount of $430,976 (the "Debt Settlement").
Prismo還宣佈，它已與公司的某些債權人（“債權人”）簽訂了債務清算協議（“和解協議”），根據該協議，公司同意向債權人發行總計（i）2,682,080股公司普通股（每股 “普通股”），以每股普通股0.17美元的價格全額和最終清償應計和未償債務，債權人同意接受（i）2,682,080股普通股（每股 “普通股”）總金額爲430,976美元（“債務清算”）。
"Fifty-six percent of the shares to be issued will be issued to Prospeccion y Desarrollo Minero del Norte SA de CV ("ProDeMin"), (a total of 588,235 Common Shares) an exploration services company located in Mexico and controlled by our President & CEO Dr. Gibson; to Walnut Mines LLC, an Arizona based company which owns the Hot Breccia project (a total of 832,571 Common Shares), and as partial consideration of an option payment on the Palos Verdes property (a total of 80,097 Common Shares)," said Executive Chairman Alain Lambert. He added: "ProDeMin, as disclosed in our financial statements and MD&As, provides exploration services on our three projects. Our CEO's decision to increase his ownership in Prismo sends a strong message to our shareholders about the prospects of the Company. It is equally meaningful that Walnut Mines LLC has agreed to take an ownership position in Prismo is lieu of cash to make up for an approximate $95,000 exploration expenditure shortfall in 2023 as well as postponing a $100,000 option payment. We welcome them as shareholders of Prismo and thank them for their support."
“將要發行的股份中有56％將發行給位於墨西哥並由我們的總裁兼首席執行官吉布森博士控制的勘探服務公司Prospeccion y Desarrollo Minero del Norte SA de CV（“ProdeMin”）（共計588,235股普通股）；向總部位於亞利桑那州的擁有Hot Breccia項目（共832,571股普通股）的公司Walnut Mines LLC發行並作爲帕洛斯維德斯房產（共80,097股普通股）期權付款的部分對價。” 執行主席阿蘭·蘭伯特說。他補充說：“正如我們的財務報表和管理與評估中所披露的那樣，Prodemin爲我們的三個項目提供勘探服務。我們的首席執行官決定增加其在Prismo的所有權，這向我們的股東發出了有關公司前景的強烈信息。同樣有意義的是，Walnut Mines LLC已同意收購Prismo的所有權以代替現金，以彌補2023年約9.5萬美元的勘探支出缺口，並推遲10萬美元的期權付款。我們歡迎他們成爲Prismo的股東，並感謝他們的支持。”
Dr. Linus Keating CPG, the Manager of Hot Breccia owner Walnut Mines LLC stated today, "Walnut is pleased to see Prismo advancing the Hot Breccia projects. These partners have contributed good quality technical work that has significantly advanced this important porphyry copper property into a large-scale target. Walnut believes that a positive and ongoing relationship will progress into a resounding success."
Hot Breccia所有者Walnut Mines LLC的經理萊納斯·基廷·CPG博士今天表示：“Walnut很高興看到Prismo推進Hot Breccia項目。這些合作伙伴貢獻了高質量的技術工作，極大地推動了這一重要的斑岩銅特性成爲大規模目標。沃爾納特相信，積極而持續的關係將取得巨大成功。”
All securities issued pursuant to the Debt Settlement will be subject to a statutory hold period of four months from the date of issuance, in accordance with applicable policies of the Canadian Securities Exchange.
根據加拿大證券交易所的適用政策，所有根據債務和解發行的證券將受到自發行之日起四個月的法定持有期限。
None of the foregoing securities have been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act") or any applicable state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) or persons in the United States absent registration or an applicable exemption from such registration requirements. This news release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sale of the foregoing securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
上述證券過去和將來都沒有根據經修訂的1933年《美國證券法》（“1933年法案”）或任何適用的州證券法進行註冊，也不得在美國發行或出售，也不得向美國個人（定義見1933年法案S條）或未經註冊或適用豁免的美國人發行或出售，也不得爲其賬戶或利益進行發行或出售。本新聞稿不構成賣出要約或徵求買入要約，在任何非法要約、招攬或出售的司法管轄區，也不會出售上述證券。
Multilateral Instrument 61-101
多邊文書 61-101
The Company will issue an aggregate of 588,235 Common Shares in connection with the Debt Settlement to ProDeMin, a company controlled by the President and CEO of Prismo, Dr. Craig Gibson, constituting, to that extent, a "related party transaction" as defined under Multilateral Instrument 61-101 - Protection of Minority Securityholders in Special Transactions ("MI 61-101"). The Company is exempt from the requirements to obtain a formal valuation and minority shareholder approval in connection with ProDeMin's participation in the Debt Settlement in reliance on sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of the Debt Settlement nor the securities issued in connection therewith, in so far as the Debt Settlement involves ProDeMin, exceeds 25% of the Company's market capitalization. The Company did not file a material change report more than 21 days before the expected closing of the Debt Settlement as the details of the Debt Settlement and the participation therein by ProDeMin were not settled until recently and the Company wishes to close on an expedited basis for sound business reasons.
該公司將向Prodemin（一家由Prismo總裁兼首席執行官克雷格·吉布森博士控制的公司）發行與債務清算相關的總額爲588,235股普通股，這在某種程度上構成了第61-101號多邊文書——在特別交易中保護少數股權持有人（“MI 61-101”）中定義的 “關聯方交易”。根據密歇根州61-101號文件第5.5（a）和5.7（1）（a）條，公司在Prodemin參與債務清算時無需獲得正式估值和少數股東批准，因爲就債務清算涉及Prodemin而言，債務和解的公允市場價值和與此相關的發行證券均不超過公司市值的25％。由於債務和解的細節以及Prodemin的參與直到最近才結算，並且出於合理的業務原因，公司希望儘快關閉，因此在債務和解預期結束前21天內，該公司沒有提交重大變更報告。
Private Placement
私募配售
Prismo also intends to complete a non-brokered private placement (the "Private Placement") consisting of one subscription for 754,411 units ("Units") at a price of $0.17 per Unit for total gross proceeds of CAD$128,250. Each Unit consists of one common share (a "Common Share") and one-half Common Share purchase warrant (a "Warrant"). Each Warrant is exercisable for one additional Common Share at an exercise price of $0.25 for a period of 24 months.
Prismo還打算完成一項非經紀私募配售（“私募配售”），包括一次認購754,411個單位（“單位”），價格爲每單位0.17美元，總收益爲128,250加元。每個單位由一股普通股（“普通股”）和一半的普通股購買權證（“認股權證”）組成。每份認股權證可額外行使一股普通股，行使價爲0.25美元，爲期24個月。
Notes:
注意事項：
(1) Resolution Resolution Copper Arizona | BHP
(1) 分辨率分辨率銅業亞利桑那州 | 必和必拓
(2) South-32's Taylor-Hermosa deposit Hermosa (south32.net)
(2) South-32 的 Taylor-Hermosa 礦牀 Hermosa（south32.net）
QA/QC
QA/QC
Rock samples taken by Prismo were analyzed by multielement ICP-AES and MS methods by ALS Group, an internationally recognized analytical service provider. Gold was analyzed by fire assay using a 25-gram charge, with an AA finish. Cu over 1% was analyzed by an overrange method. Certified Reference Materials including standard pulps and coarse blank material were inserted in the sample stream at regular intervals.
國際認可的分析服務提供商ALS集團通過多元素 ICP-AES 和 MS 方法對Prismo採集的岩石樣品進行了分析。使用25克的電荷通過火法對黃金進行了分析，表面處理爲AA。使用超量程方法分析了超過 1% 的銅。包括標準紙漿和粗糙空白材料在內的認證參考材料定期插入樣品流中。
Dr. Craig Gibson, PhD., CPG., a Qualified Person as defined by NI-43-01 regulations and President, CEO and a director of the Company, has reviewed and approved the technical disclosures in this news release.
CPG. Craig Gibson 博士是 NI-43-01 法規定義的合格人士，也是公司總裁、首席執行官和董事，已審查並批准了本新聞稿中的技術披露。
About Hot Breccia
關於 Hot Breccia
The Hot Breccia property consists of 1,420 hectares 227 contiguous mining claims located in the world class Arizona Copper Belt. The project lies about four kilometers from the historic Christmas mine which recorded production of about 481.6 million pounds of copper from 20.2 million tons at a grade of 1.2% Copper plus significant gold and silver (Sources: Arizona Geological Society Spring Field Trip Guide in 2014). Prismo has not been able to verify the Christmas production information and it is not necessarily indicative of the mineralization on the Hot Breccia property.
Hot Breccia地產由1,420公頃的227個連續採礦區組成，位於世界一流的亞利桑那銅帶。該項目距離歷史悠久的聖誕礦約四公里，該礦記錄的銅產量爲2,020萬噸，銅品位爲1.2％，外加大量的金和銀（來源：亞利桑那州地質學會2014年的春季實地考察指南），產量約爲4.816億磅。Prismo無法覈實聖誕節的產量信息，這並不一定表明Hot Breccia地產的礦化情況。
Prismo holds the option to earn up to a 75% interest in the project from Infinitum Copper Corp. (TSXV: INFI, OTCQB: INUMF), subject to a 2% NSR royalty to a private company, Walnut Mines LLC.
Prismo可以選擇從Infinitum Copper Corp.（多倫多證券交易所股票代碼：INFI，OTCQB：INUMF）獲得該項目高達75％的權益，但需向私營公司Walnut Mines LLC繳納2％的NSR特許權使用費。
About Prismo
關於 Prismo
Prismo (CSE: PRIZ) is mining exploration company focused on two precious metal projects in Mexico (Palos Verdes and Los Pavitos) and a copper project in Arizona (Hot Breccia).
Prismo（CSE：PRIZ）是一家礦業勘探公司，專注於墨西哥的兩個貴金屬項目（帕洛斯維德斯和洛斯帕維託斯）和亞利桑那州（Hot Breccia）的一個銅項目。
Please follow @PrismoMetals on Twitter, Facebook, LinkedIn, Instagram, and YouTube
請在推特、臉書、領英、Instagram 和 YouTube 上關注 @PrismoMetals
Prismo Metals Inc.
1100 - 1111 Melville St., Vancouver, British Columbia V6E 3V6
Prismo Metals Inc
1100-1111 梅爾維爾街，溫哥華，不列顛哥倫比亞省 V6E 3V6
Contact:
Craig Gibson, President & Chief Executive Officer craig.gibson@prismometals.com
聯繫人：
總裁兼首席執行官克雷格·吉布森 craig.gibson@prismometals.com
Jason Frame, Manager of Communications jason.frame@prismometals.com
Jason Frame，傳播經理 jason.frame@prismometals.com
Cautionary Note Regarding Forward-Looking Statements
關於前瞻性陳述的警示說明
This press release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements other than statements of historical fact, including without limitation, statements regarding the anticipated content, commencement and exploration program results, the ability to complete future financings, required permitting, exploration programs and drilling, and the anticipated business plans and timing of future activities of the Company, including the expectation the Company will complete the Debt Settlement and the Private Placement are forward-looking statements. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct.
本新聞稿包含適用的加拿大證券立法所指的前瞻性陳述和前瞻性信息（統稱爲 “前瞻性陳述”）。除歷史事實陳述以外的所有陳述，包括但不限於有關預期內容、啓動和勘探計劃結果、完成未來融資的能力、所需許可、勘探計劃和鑽探以及公司未來活動的預期業務計劃和時間安排的陳述，包括公司完成債務清算和私募的預期，均爲前瞻性陳述。前瞻性陳述通常由以下詞語來識別：相信、期望、預測、打算、估計、假設和類似表達，或者是那些本質上指未來事件的詞語。儘管該公司認爲此類陳述是合理的，但它無法保證此類預期會被證明是正確的。
The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, the state of the financial markets for the Company's equity securities, the state of the commodity markets generally, variations in the nature, the analytical results from surface trenching and sampling program, including diamond drilling programs, the results of IP surveying, the results of soil and till sampling program. the quality and quantity of any mineral deposits that may be located, variations in the market price of any mineral products the Company may produce or plan to produce, the inability of the Company to obtain any necessary permits, consents or authorizations required, including CSE acceptance, for its planned activities, the inability of the Company to produce minerals from its properties successfully or profitably, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies, the potential impact of COVID-19 (coronavirus) on the Company's exploration program and on the Company's general business, operations and financial condition, the inability of the Company to obtain CSE and regulatory approval to complete the Debt Settlement and Private Placement and other risks and uncertainties. All of the Company's Canadian public disclosure filings may be accessed via and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.
公司提醒投資者，公司的任何前瞻性陳述都不能保證未來的業績或業績，由於各種因素，實際業績可能與前瞻性陳述存在重大差異，包括但不限於公司股票證券的金融市場狀況、大宗商品市場的總體狀況、性質的變化、包括鑽石鑽探計劃在內的地表挖溝和採樣計劃的分析結果、知識產權的結果調查，土壤和土壤採樣計劃的結果。可能存在的任何礦牀的質量和數量，公司可能生產或計劃生產的任何礦產品的市場價格的變化，公司無法獲得其計劃活動所需的任何必要許可、同意或授權，包括CSE的認可，公司無法成功或盈利地利用其財產生產礦物，無法繼續其預期的增長，籌集必要的資金或完全能夠將其付諸實施業務戰略、COVID-19（冠狀病毒）對公司勘探計劃以及公司總體業務、運營和財務狀況的潛在影響、公司無法獲得CSE和監管部門批准以完成債務清算和私募配售以及其他風險和不確定性。公司在加拿大的所有公開披露文件均可通過以下方式查閱，並敦促讀者查看這些材料，包括就公司礦產特性提交的技術報告。
