Riley Gold Closes Oversubscribed Private Placement Including Lead Order From Kinross
Riley Gold Closes Oversubscribed Private Placement Including Lead Order From Kinross
Vancouver, British Columbia--(Newsfile Corp. - April 3, 2024) - Riley Gold Corp. (TSXV: RLYG) (OTCQB: RLYGF) ("Riley Gold" or the "Company") is pleased to report it has closed its private placement, as previously announced on March 14, 2024, and March 20, 2024. Riley Gold has issued 10,000,000 units at C$0.15 per Unit ("Unit") for total gross proceeds of C$1,500,000 (the "Private Placement").
溫哥華,不列顛哥倫比亞省--(Newsfile Corp. - 2024年4月3日)-Riley Gold Corp.(TSXV:RLYG) (OTCQB:RLYGF) ("Riley Gold"或"公司非常高興向大家報告,公司已完成定向增發,具體內容請參考2024年3月14日和2024年3月20日公告。Riley Gold以每個單位0.15加元的價格發行了10,000,000個單位(“單位”),總毛收益爲1,500,000加元(“私募交易").
Under the Private Placement, Kinross Gold Corporation subscribed for 2,217,815 Units, representing a 9.9% ownership interest in the Company on a partially diluted basis including share purchase warrants (the "Kinross Investment"). Each Kinross Investment Unit is comprised of one common share of the Company (a "Share") and one share purchase warrant (a "Kinross Warrant"). Each Kinross Warrant will entitle Kinross Gold Corporation to purchase for a period of sixty (60) months one additional Share at an exercise price of C$0.25.
Kinross Gold Corporation在定向增發中認購了2,217,815個單位,代表公司在部分稀釋基礎上的9.9%所有權利益,其中包括股票認購權(“肯羅斯投資每個肯羅斯投資單位包括公司的一種普通股(“分享”)和一份認購股票權( 肯羅斯 權證”)。每張肯羅斯認股權證將在60個月內享有購買一種股票的權利,行權價爲0.25加元。
The remaining Private Placement Units are comprised of one Share and one share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase for a period of twenty-four (24) months one additional Share at an exercise price of C$0.25.
其餘定向增發單位由一種股票和一份認購股權組成( 認股權證”)。每張股票認購權證將在24個月內享有購買一種股票的權利,行權價爲0.25加元。
The Private Placement included participation by insiders of the Company in the aggregate amount of 3,037,185 Units. The participation in the placement by these insiders constitutes a related party transaction within the meaning of Policy 5.9 of the TSX Venture Exchange and Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). In connection with the participation by the insiders, the Company relied upon the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 set forth in sections 5.5(a) and 5.7(1)(a) of MI 61-101 on the basis that the fair market value (as determined under MI 61-101) of the participation did not exceed twenty-five percent of the market capitalization of the Company (as determined under MI 61-101).
定向增發包括公司內部人員在總計3,037,185個單位中的參與。這些內部人員參與增發構成了股東交易,屬於 TSX Venture Exchange 5.9政策和 Multilateral Instrument 61-101 - MI 61-101的《保護少數股東特別交易規定》(Protection of Minority Security Holders in Special Transactions)規定,在向MCAPM LP發行債券的情況下,公司可以依靠MI 61-101第5.5(a)和5.7(1)(a)條中規定的從正式估值中豁免,並不要求獲得少數股東批准的豁免規定,因爲債券的公允市場價值低於公司市值的25%(在適用MI 61-101的情況下分別確定)。 ("mi 61-101)中指定的相關方交易。關於內部人員的參與,公司依據 MI 61-101 中第5.5(A)和第5.7(1)(A)條款的豁免規定,免除了正式估值和少數股東批准要求。這些豁免規定是基於參與的公允市場價值(根據 MI 61-101 確定)未超過公司市值(根據 MI 61-101 確定)的25%。
All securities issued under the Private Placement will be subject to a hold period of four months and one day from the closing date. In connection with the closing of the Private Placement, the Company paid finders' fees totaling $25,568. The Private Placement and finders' fees are subject to regulatory approval.
所有定向增發證券都將受到四個月和一天的限售期限制。與定向增發的結算相應的,公司支付了總計25,568美元的發現人費用。定向增發和發現人費用需獲得監管機構的批准。
FOR FURTHER INFORMATION, PLEASE CONTACT:
如需更多信息,請聯繫:
Todd Hilditch
Todd Hilditch 電話:(604) 443-3831
Chief Executive Officer
首席執行官
Tel: (604) 443-3831
電話:(604) 443-3831
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
TSX Venture Exchange及其監管服務提供者(如TSX Venture Exchange的政策所定義的那樣)對此發佈的充分性或準確性不承擔任何責任。
Cautionary statement regarding forward-looking information
關於前瞻性信息的警告聲明
This press release contains statements which constitute "forward-looking information" under applicable Canadian securities laws, including statements regarding the completion of the Private Placement as well as plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking information. Although Riley Gold believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because Riley Gold can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties and the Company's future business activities may differ materially from those in the forward-looking information as a result of various factors, including, but not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions and the ability to obtain the requisite approvals of the TSX Venture Exchange, or failure to meet other conditions to closing, to the transactions reflected in this press release. The Private Placement and other transactions may not be completed at all if these approvals are not obtained or some other condition to the closing is not satisfied. Investors are cautioned that any such forward-looking information is not a guarantee of future business activities and involves risks and uncertainties. Additional information on these and other factors that could affect Riley Gold operations and financial results are included in reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR+ website (). There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.
本新聞稿包含構成適用加拿大證券法下的“前瞻信息”(forward-looking information)的聲明,包括有關完成定向增發的聲明,以及公司、管理層或官員關於公司未來業務活動的計劃、意圖、信仰和當前期望的說明。這些相似的表達,如“可能”、“可能會”、“可能”、“將”、“打算”、“計劃”、“預期”和類似表達,與公司或管理層有關,旨在確定這些前瞻信息。儘管 Riley Gold相信這些前瞻性聲明所反映的期望是合理的,但不應過度依賴它們,因爲Riley Gold無法保證它們將被證明是正確的。由於前瞻性聲明涉及未來事件和條件,因此它們本質上涉及固有風險和不確定性,公司的未來業務活動可能因各種因素而與前瞻性信息不同,包括但不限於市場價格波動,公司經營的成功,資本和融資的持續性可用性以及經濟、市場或業務條件以及獲得 TSX Venture Exchange 所需的適當批准或未能滿足本新聞稿反映的交易的其他條件,如果不能獲得這些批准或未滿足其他成交條件,定向增發和其他交易可能根本不會完成。投資者應當注意,任何此類前瞻性信息均不是未來業務活動的保證,涉及風險和不確定性。關於這些以及可能影響 Riley Gold 的其他因素的更多信息都包含在擁有加拿大證券監管機構文件中,並可通過 SEDAR+ 網站訪問()。不能保證此類信息的準確性,因此建議讀者依靠自己的不確定性評估。除適用證券法規定之外,公司不承擔任何更新前瞻信息的義務。
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