Troy Minerals Prepares to Accelerate Exploration and Advancement of Mine Development Following Canada's Recognition of Silica as A Critical Mineral
Troy Minerals Prepares to Accelerate Exploration and Advancement of Mine Development Following Canada's Recognition of Silica as A Critical Mineral
VANCOUVER, BC / ACCESSWIRE / June 19, 2024 / Troy Minerals Inc. ("Troy"or the "Company") (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3) is pleased to announce the formal recognition of silica as a critical mineral by the Government of Canada. This acknowledgement validates Troy's belief in the importance of silica and strengthens the Company's position in the critical minerals sector.
溫哥華,BC / ACCESSWIRE / 2024年6月19日 / 特洛伊礦業公司("特洛伊"或"公司")(CSE:TROY)(OTCQB:TROYF)(FSE:VJ3)很高興宣佈,加拿大政府正式認定硅石爲關鍵礦物質。此認可驗證了特洛伊對硅石重要性的信念,並加強了公司在關鍵礦物質板塊的地位。
The Company is currently pursuing the strategic acquisition of CBGB Ventures Corp. ("CBGB"), which holds interests in two high purity silica projects: the Table Mountain Silica Project in British Columbia and the Tsagaan Zalaa Silica Project in Mongolia (see news release June 10, 2024).
公司目前正在追求對CBGb Ventures Corp.("CBGB")的戰略收購,後者持有兩個高純度硅石項目的投資:不列顛哥倫比亞省的Table Mountain Silica項目和蒙古的Tsagaan Zalaa Silica項目(見2024年6月10日新聞發佈)。
Rana Vig, CEO of Troy Minerals, stated, "The recent inclusion of silica in Canada's critical minerals list underscores its significance in modern technology and green energy solutions. Troy was quick to recognize silica's potential, and our pending acquisition of CBGB places us in an excellent position to capitalize on these latest developments."
特洛伊礦業公司的CEO Rana Vig表示: "加拿大將硅石納入關鍵礦物質清單,突顯了它在現代科技和綠色能源解決方案中的重要性。特洛伊迅速認識到硅石的潛力,我們即將完成對CBGb的收購,在最新的進展方面處於極佳的位置。"
Upon completion of the acquisition of CBGB, and the success of the Table Mountain mine exploration and development, the Company will be well positioned to become a leader in the rapidly expanding high-purity quartz silica industry in Canada. High-purity quartz silica currently represents a $30 billion total addressable market by 2030 for photovoltaics, solar panels, semiconductors and batteries. The location of Table Mountain creates logistical advantages with easy access to transportation infrastructure, including rail.
收購CBGb並且成功開發Table Mountain礦山後,該公司將成爲加拿大高純度石英硅板塊迅速擴張的領軍者。2023年,對光伏、太陽能電板、半導體和電池而言,高純度石英硅的總尋址市場價值將達到300億美元。衆多物流優勢使Table Mountain地理位置獨特,包括鐵路在內的交通基礎設施輕鬆方便。
Considering the formal recognition of silica by the Government of Canada, and upon the successful completion of the CBGB acquisition, Troy Minerals plans to accelerate the exploration and advancement towards development of its silica projects, with a focus to commence production in Canada as soon as technically and commercially viable. The Company anticipates that the streamlined permitting process for a quarry, compared to traditional mines, will facilitate a quicker path to production and cash flow pending exploration success.
考慮到加拿大政府正式認定硅石,以及完成CBGb收購後,特洛伊礦業計劃加速探勘和發展其硅石項目,專注於盡早在加拿大實現技術和商業上的可行性。該公司預計,與傳統礦山相比,採石場的簡化許可程序將因探勘成功而促進生產和現金流的更快發展。
PRIVATE PLACEMENT FINANCINGS
定向增發融資
While the Company currently has a healthy treasury and no debt, in order to accelerate work on its projects, the Company is pleased to announce that it is conducting a non-brokered private placement offering of up to 8,000,000 units of the Company ("Units") at a price of $0.25 per Unit, for aggregate gross proceeds of up to $2,000,000 (the "Unit Offering").
雖然公司目前財務狀況良好、沒有債務,但爲了加速項目的推進,特別高興地宣佈,正在進行不受經紀人監管的定向增發募集,擬發行8,000,000單位的公司股票("單位"), 募集價格爲每單位0.25美元,募集總收益爲2,000,000美元("單位發行")
Each Unit is comprised of one common share of the Company and one-half of one common share purchase warrant. Each whole warrant is exercisable into one common share of the Company at an exercise price of $0.40 per share for a period of 24 months from the closing date.
每個單位包括一股公司普通股和半股公司普通股認購權,每張認購權可在發行日起24個月內按每股0.40美元的價格行使成爲公司普通股。
The Company will also conduct a non-brokered private placement offering of up to 3,571,429 flow-through units (the "FT Units") at a price of $0.28 per FT Unit, for aggregate proceeds of up to $1,000,000 (the "FT Unit Offering"). Each FT Unit will be comprised of one common share of the Company which qualifies as a "flow-through" share as defined in subsection 66(15) of the Income Tax Act (Canada) and one-half of one common share purchase warrant of the Company. Each whole warrant is exercisable into one non-flow-through common share of the Company at an exercise price of $0.45 per share for period of 24 months from the closing date.
該公司還將進行不受經紀人監管的私募發行募集,擬以每股0.28美元的價格發行3,571,429個流通單元("Ft Units"),募集總收益爲1,000,000美元("Ft Unit Offering")。每個Ft Unit將由一股公司普通股組成,符合《加拿大所得稅法》第66(15)款中定義的"流通"股份,並且公司擬出售特定數量的流通普通股,以獲得資格資助加拿大勘探支出。每股公司流通股持有人將收到一半的公司普通股認購權,其認購價爲每股0.45美元,行權期爲發行日起24個月。爲公司或其任何關聯公司每週提供通常由員工提供的服務並在董事會規定的每週最少時間內以持續和常規的方式工作的個人,並受公司或關聯公司對工作細節和方法的同等控制和指導,但不從源頭上進行所得稅扣除。單位發行所得淨收益將用於推進公司項目、營運資金、營銷和普通企業目的。流通股份募集的總收益將用於發生預期作爲流通採礦費用的加拿大勘探費用,公司擬出售流通普通股以獲得這種資格。
The net proceeds from the Unit Offering will be used for advancing the Company's projects, working capital, marketing, and general corporate purposes. The gross proceeds from the FT Unit Offering will be used to incur Canadian exploration expenses that are intended to qualify as flow-through mining expenditures as those terms are defined in the tax act, which the Company intends to renounce to the purchasers of the flow-through common shares.
單位發行和流通股份發行的成交預計將分批次進行。收盤受某些條件限制,包括但不限於收到所有必要的監管和批准。證券的發行將遵守證券法和適用證券交易所政策的規定,受四個月的適用法律的限制。單位發行和流通股份發行需經CSE批准。
Closing of the Unit Offering and the FT Unit Offering are anticipated to occur in one or more tranches. Closing is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals. Securities issued in connection with the Unit Offering and the FT Unit Offering will be subject to a four-month hold period, in accordance with securities laws and the policies of the Canadian Securities Exchange, as applicable. The Unit Offering and the FT Unit Offering are subject to CSE acceptance.
營銷協議 該公司還宣佈其與Lakefront Enterprises Inc.(Lakefront)的營銷協議。策略總部位於溫哥華市595 Burrard街27樓,包括搜索引擎優化(SEO)、按點擊付費(PPC)、電子郵件、YouTube 和社交媒體渠道的數字營銷服務,以增強公司知名度。所傳播的媒介是基於公開信息生成。根據與Lakefront的協議,服務預計於2024年6月19日開始,將持續約30天。公司將不向Lakefront發行任何證券作爲其營銷服務的報酬。截至本申報日,據公司所知,Lakefront(包括其董事和高管)不擁有該公司任何證券,並與該公司保持獨立性關係。
MARKETING AGREEMENT
特洛伊礦業公司總裁和董事 Rana Vig
The Company also announces that it has engaged Lakefront Enterprises Inc. (Lakefront) located at 27th Floor, 595 Burrard Street, Vancouver, B.C. (email: Info@lakefrontenterprisesmedia.com) to provide digital marketing services, including SEO (search engine optimization), PPC (pay per click), e-mail, YouTube and social media channels, to increase corporate awareness. The media disseminated will be generated using publicly available information. The company will pay Lakefront a cash fee of $50,000 plus applicable taxes. Pursuant to the agreement with Lakefront, services are scheduled to commence on June 19, 2024 and will last for a period of approximately 30 days. The company will not issue any securities to Lakefront as compensation for its marketing services. As of the date hereof, to the company's knowledge, Lakefront (including its directors and officers) does not own any securities of the company and has an arm's-length relationship with the company.
公司還宣佈已聘請位於27的Lakefront Enterprises公司。th 該公司還宣佈其與Lakefront Enterprises Inc.(Lakefront)的營銷協議。策略總部位於溫哥華市595 Burrard街27樓,包括搜索引擎優化(SEO)、按點擊付費(PPC)、電子郵件、YouTube 和社交媒體渠道的數字營銷服務,以增強公司知名度。所傳播的媒介是基於公開信息生成。根據與Lakefront的協議,服務預計於2024年6月19日開始,將持續約30天。公司將不向Lakefront發行任何證券作爲其營銷服務的報酬。截至本申報日,據公司所知,Lakefront(包括其董事和高管)不擁有該公司任何證券,並與該公司保持獨立性關係。
ON BEHALFOF THE BOARD,
代表董事會:
Rana Vig | Presidentand Director
Telephone: 604-218-4766
Email: rana@ranavig.com
Rana Vig | 總裁和董事
電話:604-218-4766
電子郵件:rana@ranavig.com
Forward-Looking Statements
前瞻性聲明
Statement Regarding Forward-Looking Information: This releaseincludes certain statements that may be deemed"forward-looking statements". All statements in this release,other than statements of historical facts, that address eventsor developments that Troy ResourcesInc. (the "Company") expects to occur, are forward-looking statements. Forward-looking statements are statements that arenot historical factsand are generally, but not always,identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include results of exploration activities may not show quality and quantity necessary for further exploration or future exploitation of minerals deposits, volatility of commodity prices, and continued availability of capitaland financing, permitting and other approvals, and general economic, market or business conditions.Investors are cautioned that any such statements are not guarantees of future performance and actual resultsor developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs,estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the eventthat management's beliefs,estimates or opinions, or other factors, should change.
關於前瞻信息的聲明:本發佈包括某些可能被視爲“前瞻性聲明”的陳述。本發佈中所有陳述,除了特洛伊礦業公司("公司")語句的歷史事實,均可預見到或發生。前瞻性聲明是指那些不是歷史事實的陳述,通常不總是可以識別爲"預期","計劃","預計","相信","打算","估計","項目","潛在"以及類似的表達方式,或者事件或條件可能"將","將","可能","可能"或"應該"發生。雖然公司認爲對此類前瞻性陳述的期望是基於合理的假設,但是這些陳述並不是未來業績的保證,實際結果可能與前瞻性陳述中的結果有所不同。可能導致實際結果與前瞻性聲明中的結果有所不同的因素包括勘探活動的結果未顯示出繼續勘探或未來礦牀開發所需的礦物質質量和數量,商品價格的波動以及繼續提供資金和融資,許可和其他批准,以及一般經濟,市場或商業條件。投資者應當注意,任何未經證明的陳述都不是未來業績的保證,實際結果或發展可能會與前瞻性陳述中預期的結果或發展有所不同。前瞻性聲明是基於公司管理層的信念,估計和意見,日期爲陳述日。在適用的證券法規要求下,除非公司的管理層的信念,估計或意見或其他因素髮生變化,否則公司無需更新這些前瞻性聲明。
The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.
加拿大證券交易所未審核此新聞稿,不對其充分性或準確性負責。
SOURCE: Troy Minerals Inc.
消息來源:Troy Minerals Inc。