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Volta Announces Private Placement Financing to Advance Its Falcon West High-Grade Lithium Project in Ontario, Canada

Volta Announces Private Placement Financing to Advance Its Falcon West High-Grade Lithium Project in Ontario, Canada

Volta宣佈私募融資,以推進其在加拿大安大略省的Falcon West高品位鋰項目
newsfile ·  04/18 07:00

Toronto, Ontario--(Newsfile Corp. - April 18, 2024) - Volta Metals Ltd. (CSE: VLTA) (FSE: D0W) ("Volta" or the "Company") is pleased to announce a proposed non-brokered private placement (the "Offering") to raise proceeds of up to $300,000 on a flow-through basis (the "Flow-Through Private Placement") together with up to $200,000 on a non-flow-through basis (the "Private Placement", and together with the Flow-Through Private Placement, the "Offerings").

安大略省多倫多--(Newsfile Corp.-2024 年 4 月 18 日)- Volta Metals Ltd案例:VLTA)(保險絲:D0W) (”Volta“或者”公司“)很高興地宣佈一項擬議的非經紀私募配售(“發行”),以流通方式籌集高達30萬美元的收益(“流通式私募配售”),並在非流通基礎上籌集高達20萬美元的收益(“私募配售”,以及流通式私募配售,“發行”)。

The Flow-Through Private Placement will be comprised of units of the Company (each, a "FT Unit"), at a subscription price of $0.06 per FT Unit (the "FT Unit Price"). Each FT Unit will be comprised of one common share of the Company that will qualify as "flow-through share" (within the meaning of subsection 66(15) of the Income Tax Act (Canada) (each, a "FT Share") and one half of one common share purchase warrant of the Company (each whole warrant, a "Warrant"), with each Warrant entitling the holder thereof to purchase a common share of the Company (each, a "Warrant Share"), at an exercise price of $0.10 per Warrant Share, for a period of 24 months from the closing of the Flow-Through Private Placement.

Flow-Through私募股權將由公司的單位(每個單位均爲 “FT單位”)組成,認購價格爲每英尺單位0.06美元(“英國《金融時報》單價”)。每個英國《金融時報》單位將由公司的一股普通股組成,該普通股將符合 “流通股”(根據該法第66(15)小節的定義) 所得稅法 (加拿大)(每股均爲 “英國《金融時報》”)和公司普通股購買權證(每份完整認股權證,“認股權證”)的一半,每份認股權證的持有人有權以每股認股權證0.10美元的行使價購買公司的普通股(每股 “認股權證”),期限爲自流通私募股結束後的24個月。

The Private Placement will be comprised of units of the Company (each, a "PP Unit"), at a subscription price of $0.05 per PP Unit. Each PP Unit will be comprised of one common share pf the Company (each, a "Share") and one half of one common share purchase warrant of the Company (each whole warrant, a "PP Warrant") of the Company, with each PP Warrant entitling the holder thereof to purchase an additional Share of the Company (a "PP Warrant Share") at an exercise price of $0.10 per PP Warrant Share for a period of 24 months from the closing of the Private Placement.

私募股將由公司各單位(每個 “PP單位”)組成,認購價格爲每PP單位0.05美元。每個PP單位將由公司的一股普通股(每股 “股份”)和公司普通股購買權證(每份完整認股權證,“PP認股權證”)的一半組成,每份PP認股權證的持有人有權以每股PP認股權證0.10美元的行使價額外購買公司股份(“PP認股權證”),爲期24個月私募配售。

The gross proceeds from the pending Flow-Through Private Placement is expected to be utilized to follow up on exploration targets identified from recently announced drill results, geophysical surveys, and geochemical analyses, during the 2024 summer exploration season. The proceeds from the pending Private Placement are expected to be utilized for general corporate and working capital purposes for the Company.

預計在2024年夏季勘探季節,即將進行的Flow-Through私募股權的總收益將用於跟進最近公佈的鑽探結果、地球物理調查和地球化學分析中確定的勘探目標。待定私募的收益預計將用於公司的一般公司和營運資金用途。

The gross proceeds from the issuance of the FT Units is expected to be used to incur eligible Canadian exploration expenses and will qualify, once renounced to subscribers of the Flow-Through Private Placement, as "flow-through critical mineral mining expenditures", as defined in subsection 127(9) of the Income Tax Act (Canada), (the "Qualifying Expenditures"), which will be incurred on or before December 31, 2025 and renounced to the subscribers of the Flow-Through Private Placement with an effective date no later than December 31, 2024 in an aggregate amount not less than the gross proceeds raised from the issue of the FT Units.

英國《金融時報》單位發行的總收益預計將用於支付符合條件的加拿大勘探費用,一旦向流通型私募股的訂閱者放棄,即符合《所得稅法》(加拿大)第127(9)分節定義的 “流通關鍵礦產開採支出”(“合格支出”),該支出將在2025年12月31日當天或之前產生,並放棄給Flow的訂閱者-通過私募配售,生效日期不遲於2024年12月31日,總金額不晚於2024年12月31日少於發行英國《金融時報》單位籌集的總收益。

It is expected that certain directors and officers of the Company (the "Insiders") may participate in the Offerings. The participation of Insiders in the Offerings will constitute a "related party transaction" within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company anticipates relying on exemptions from the minority shareholder approval and formal valuation requirements applicable to the related-party transactions under sections 5.5(a) and 5.7(1)(a), respectively, of MI 61-101, as neither the fair market value of the FT Units or PP Units, as applicable, to be acquired by the participating Insiders nor the consideration to be paid by such directors and officers is anticipated to exceed 25 percent of the Company's market capitalization.

預計該公司的某些董事和高級職員(”內部人士“)可以參與發行。根據多邊文書 61-101 的定義,內部人士參與發行將構成 “關聯方交易” — 在特殊交易中保護少數證券持有人 (”MI 61-101“)。公司預計,將依賴MI 61-101第5.5(a)和5.7(1)(a)條分別對關聯方交易適用的少數股東批准和正式估值要求的豁免,因爲參與的內部人士收購的英國《金融時報》單位或PP單位(如適用)的公允市場價值和此類董事和高級管理人員支付的對價都不會超過公司市值的25%。

The Offerings are expected to close on or about May 3, 2024 and are subject to certain closing conditions including, but not limited to, the receipt of all necessary approvals, including the acceptance of the CSE.

本次發行預計將於2024年5月3日左右結束,並受某些成交條件的約束,包括但不限於獲得所有必要的批准,包括接受CSE的批准。

The securities issued under the Offerings will be subject to a statutory hold period in Canada of four months and a day from the date of issuance in accordance with applicable securities laws.

根據適用的證券法,本次發行下發行的證券在加拿大的法定持有期爲自發行之日起四個月零一天。

ABOUT VOLTA METALS LTD.

關於 VOLTA METALS LTD.

Volta Metals Ltd. (CSE: VLTA) (FSE: D0W) is a mineral exploration company based in Toronto, Ontario, focused on lithium, cesium, and tantalum. It has optioned and is currently exploring a critical minerals portfolio of lithium, cesium, and tantalum projects in northwestern Ontario, considered one of the world's most prolific, emerging hard-rock lithium districts. To learn more about Volta and its flagship Falcon West Lithium Project, please visit .

Volta Metals Ltd (案例:VLTA)(保險絲:D0W)是一家總部位於安大略省多倫多的礦產勘探公司,專注於鋰、銫和鉭。它已經選擇並正在安大略省西北部勘探由鋰、銫和鉭項目組成的關鍵礦產組合,安大略省西北部被認爲是世界上產量最高、新興的硬巖鋰區之一。要了解有關Volta及其旗艦Falcon West鋰項目的更多信息,請訪問。

ON BEHALF OF THE BOARD

代表董事會

For further information, contact:

欲了解更多信息,請聯繫:

Kerem Usenmez, President & CEO
Tel: 416.919.9060
Email: info@voltametals.ca
Website:

Kerem Usenmez,總裁兼首席執行官
電話:416.919.9060
電子郵件:info@voltametals.ca
網站:

Neither the CSE nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

CSE和加拿大投資行業監管組織均不對本新聞稿的充分性或準確性承擔責任。

This news release contains forward-looking statements relating to product development, plans, strategies, and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact included in this news release are forward-looking statements that involve risks and uncertainties. Forward-looking information in this news release includes, but is not limited to, statements regarding the anticipated Offerings, including the maximum size thereof, the expected timing to complete the Offerings, the ability to complete the Offerings on the terms provided herein or at all, the anticipated use of the net proceeds from the Offerings, the receipt of all necessary approvals, the use of the gross proceeds of the Flow-Through Private Placement to incur eligible "Canadian exploration expenses" that qualify as "flow-through critical mineral mining expenditures"; the renouncement of the Qualifying Expenditures in favour of the subscribers of the FT Units, the Company's planned exploration activities and the Company's aim to prevent and minimize impacts on the First Nations through a variety of mitigation measures and offsetting benefits. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include: the risks detailed from time to time in the filings made by the Company with securities regulators; the fact that Volta's interests in the Property are options only and there are no guarantee that such interest, if earned, will be certain; the future prices and demand for lithium; and delays or the inability of the Company to obtain any necessary approvals, permits and authorizations required to carry out its business plans. The reader is cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking statements. 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 news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release, and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, other than as required by law.

本新聞稿包含與產品開發、計劃、戰略相關的前瞻性陳述以及其他非歷史事實的陳述。前瞻性陳述通常用 “將”、“可能”、“應該”、“預期”、“期望” 等術語和類似表述來識別。除歷史事實陳述外,本新聞稿中包含的所有陳述均爲前瞻性陳述,涉及風險和不確定性。本新聞稿中的前瞻性信息包括但不限於有關預期發行的陳述,包括其最大規模、完成發行的預期時機、按照本新聞稿中規定的條款完成發行的能力、發行淨收益的預期用途、獲得所有必要的批准、使用流通私募的總收益來支付符合條件的 “加拿大勘探費用”,符合條件的 “加拿大勘探費用” 流經式關鍵礦物開採支出”;宣佈放棄向英國《金融時報》單位訂閱者發放的合格支出、該公司計劃的勘探活動以及公司通過各種緩解措施和抵消性福利防止和最大限度地減少對原住民影響的目標。無法保證此類陳述會被證明是準確的,實際結果和未來事件可能與此類陳述中的預期存在重大差異。可能導致實際業績與公司預期存在重大差異的重要因素包括:公司向證券監管機構提交的文件中不時詳述的風險;Volta在該物業中的權益僅是期權,無法保證此類利息如果獲得一定會確定;鋰的未來價格和需求;以及公司延遲或無法獲得所需的任何必要批准、許可和授權執行其業務計劃。請讀者注意,在準備任何前瞻性陳述時使用的假設都可能被證明是不正確的。由於許多已知和未知的風險、不確定性和其他因素,其中許多是公司無法控制的,事件或情況可能導致實際業績與預測存在重大差異。提醒讀者不要過分依賴任何前瞻性陳述。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的結果存在重大差異。本新聞稿中包含的前瞻性陳述受本警示聲明的明確限制。本新聞稿中包含的前瞻性陳述自本新聞稿發佈之日起作出,除法律要求外,公司不打算或義務更新或修改任何前瞻性陳述,無論是由於新信息、未來事件還是其他原因。

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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