NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES
VANCOUVER, BC / ACCESSWIRE / December 19, 2023 / Intrepid Metals Corp. (TSX.V:INTR)(OTCQB:IMTCF) ("Intrepid" or the "Company") announces a non-brokered private placement (the "Offering") with Leocor Gold Inc. (CSE: LECR) ("Leocor") consisting of 8,823,529 units (the "Units"), with each Unit consisting of one post-Consolidation common share and one common share purchase warrant (each a "Warrant") at a price of $0.34 (post-Consolidation) per Unit for aggregate gross proceeds of $3 million. Each Warrant shall entitle the holder thereof to acquire one additional common share at a price of $0.40 (post-Consolidation) for a period of twenty-four (24) months from the closing date of the Offering. Prior to the closing of the Offering, Intrepid shall complete a consolidation of its common shares on the basis of one post-consolidation common share for every two pre-consolidation common shares (the "Consolidation").
Intrepid intends to close the Offering as soon as practicable following TSX Venture Exchange approval. As part of the transaction, Leocor will have the right to nominate two directors to the Board of Directors of the Company. The directors will be nominated concurrent with the closing of the Offering.
Intrepid also intends to concurrently conduct an additional non-brokered private placement (the "Secondary Offering") consisting of up to 5,882,353 units (the "Secondary Units"), with each Second Unit consisting of one post-Consolidation common share and one common share purchase warrant (each a "Secondary Warrant") at a price of $0.34 (post-Consolidation) per Secondary Unit for aggregate gross proceeds of up to $2 million. Each Secondary Warrant shall entitle the holder thereof to acquire one additional common share at a price of $0.40 (post-Consolidation) for a period of twenty-four (24) months from the closing date of the Secondary Offering. Intrepid intends to close the Secondary Offering in January 2024 to accommodate for the holiday season.
The net proceeds of the Offering and Secondary Offering will be used for exploration expenditures on the Company's mineral properties and general working capital.
The closing of the Offering is not conditional on the closing of the Secondary Offering. Closing of the Offering and Secondary Offering is subject to approval of the TSX Venture Exchange.
As a result of this transaction, the Issuer announces that it is withdrawing its previously announced offering pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (refer to press release dated November 14, 2023 for additional detail).
This news release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements.
About Intrepid Metals Corp.
Intrepid Metals Corp. is a Canadian company focused on exploring for high-grade essential metals such as copper, silver, lead, and zinc mineral projects in proximity to established mining jurisdictions in southeastern Arizona, USA. The Company has acquired or has agreements to acquire several drill ready projects, including the Corral Copper Project (a district scale advanced exploration and development opportunity with significant shallow historical drill results), the Tombstone South Project (within the historical Tombstone mining district with geological similarities to the Taylor Deposit, which was purchased for $1.3B in 2018) both of which are located in Cochise County, Arizona and the Mesa Well Project (located in the Laramide Copper Porphyry Belt in Arizona). Intrepid has assembled an exceptional team with considerable experience with exploration, developing, and permitting new projects within North America. Intrepid is traded on the TSX Venture Exchange (TSXV) under the symbol "INTR" and on the OTCQB Venture Market under the symbol "IMTCF". For more information, visit .
INTREPID METALS CORP.
On behalf of the Company
"Ken Brophy"
CEO
For further information regarding this news release, please contact:
Ken Brophy
CEO
604-681-8030
info@intrepidmetals.com
Cautionary Note Regarding Forward-Looking Information
Certain statements contained in this release constitute forward-looking information within the meaning of applicable Canadian securities laws. Such forward-looking statements relate the completion of the Offering or any tranche thereof; the number of securities to be issued under the Offering and Secondary Offering and the gross proceeds received; the timing of the closing of the Offering and Secondary Offering; the payment of any finders fees and the form thereof; and the use of net proceeds from the Offering and Secondary Offering.
In certain cases, forward-looking information can be identified by the use of words such as "plans", "expects", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", "occur" or "be achieved" suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this news release is based on certain factors and assumptions regarding, among other things, the Company can raise additional financing to continue operations; the TSXV approves the Offering; and the timing of closing the Offering. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.
Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. The forward-looking information is made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update or revise any forward-looking information.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Intrepid Metals Corp.
View the original press release on accesswire.com
不适用于在美国或通过美国新闻专线服务传播
不列颠哥伦比亚省温哥华/ACCESSWIRE/2023年12月19日/Intrepid Metals Corp.(多伦多证券交易所股票代码:INTR)(OTCQB: IMTCF)(“Intrepid” 或 “公司”)宣布与Leocor Gold Inc.(CSE:LECR)(“Leocor”)进行非经纪私募配售(“发行”),包括8,823,529个单位(“单位”),每个单位由一股合并后的普通股和一份普通股购买权证(均为 “认股权证”)组成,每股价格为0.34美元(合并后),总收益为300万美元。每份认股权证的持有人有权在自发行截止之日起二十四(24)个月内以0.40美元(合并后)的价格再收购一股普通股。在本次发行结束之前,Intrepid应在合并前每两股普通股获得一股合并后普通股(“合并”)的基础上,完成其普通股的合并。
Intrepid打算在多伦多证券交易所风险交易所批准后尽快结束本次发行。作为交易的一部分,Leocor将有权提名两名董事加入公司董事会。董事将在本次发行结束时同时获得提名。
Intrepid还打算同时进行额外的非经纪私募配售(“二次发行”),最多包含5,882,353个单位(“二级单位”),每个第二单位由一股合并后的普通股和一份普通股购买权证(均为 “二级认股权证”)组成,价格为每二级单位0.34美元(合并后),总收益高达200万美元。每份二级认股权证的持有人有权自二次发行截止之日起二十四(24)个月内以0.40美元(合并后)的价格再收购一股普通股。Intrepid打算在2024年1月结束二次发行,以适应假日季的到来。
本次发行和二次发行的净收益将用于公司矿产和一般营运资金的勘探支出。
本次发行的结束不以二次发行的结束为条件。本次发行和二次发行的结束需要获得多伦多证券交易所风险交易所的批准。
由于本次交易,发行人宣布将根据NI 45-106第5A部分的上市发行人融资豁免撤回先前宣布的发行(更多细节请参阅2023年11月14日的新闻稿)。
本新闻稿不构成在美国出售证券的要约。所发行的证券没有也不会根据经修订的1933年《美国证券法》进行注册,如果没有美国注册或美国注册要求的适用豁免,则此类证券不得在美国境内发行或出售。
关于无畏金属公司
Intrepid Metals Corp. 是一家加拿大公司,专注于在美国亚利桑那州东南部已建立的采矿管辖区附近勘探高品位必需金属,例如铜、银、铅和锌矿产项目。该公司已经收购或已达成协议收购多个钻探就绪项目,包括位于亚利桑那州科奇斯县的科勒尔铜矿项目(具有显著的浅层钻探结果的区域规模的高级勘探和开发机会)、Tombstone South项目(位于历史悠久的汤姆斯通矿区内,与2018年以13亿美元的价格收购的泰勒矿床相似)和位于亚利桑那州科奇斯县的梅萨井项目(位于拉拉米德铜矿区内)亚利桑那州的斑岩带)。Intrepid 组建了一支在北美探索、开发和许可新项目方面拥有丰富经验的卓越团队。Intrepid在多伦多证券交易所风险交易所(TSXV)上市,股票代码为 “INTR”,在OTCQB风险市场上交易代码为 “IMTCF”。欲了解更多信息,请访问。
无畏金属公司
代表公司
“肯·布罗菲”
首席执行官
有关本新闻稿的更多信息,请联系:
肯·布罗菲
首席执行官
604-681-8030
info@intrepidmetals.com
关于前瞻性信息的警示说明
本新闻稿中包含的某些陈述构成适用的加拿大证券法所指的前瞻性信息。此类前瞻性陈述涉及本次发行或其中任何一部分的完成;将在本次发行和二次发行下发行的证券数量和获得的总收益;发行和二次发行的结束时间;任何发现者费用的支付及其形式;以及发行和二次发行净收益的使用。
在某些情况下,可以通过使用 “计划”、“期望”、“预算”、“预期”、“估计”、“预测”、“打算”、“预期” 或 “相信” 等词语来识别前瞻性信息,或声明某些行动、事件或结果 “可能”、“可能”、“发生” 或 “实现”,暗示将来结果,或其他关于未来事件或绩效的期望、信念、计划、目标、假设、意图或陈述。本新闻稿中包含的前瞻性信息基于某些因素和假设,这些因素和假设涉及公司可以筹集额外融资以继续运营;多伦多证券交易所批准本次发行;以及完成发行的时间等。尽管根据目前获得的信息,公司认为这些假设是合理的,但这些假设可能被证明是不正确的。
前瞻性信息涉及已知和未知的风险、不确定性和其他因素,这些因素可能导致公司的实际业绩、业绩或成就与前瞻性信息所表达或暗示的任何未来业绩、业绩或成就存在重大差异。前瞻性信息是截至本新闻发布之日发布的。除非适用的证券法要求,否则公司不承担任何公开更新或修改任何前瞻性信息的义务。
多伦多证券交易所风险投资交易所及其监管服务提供商(该术语在多伦多证券交易所风险交易所的政策中定义)均未审查本新闻稿的充分性或准确性或对其承担责任。
来源:无畏金属公司
在 accesswire.com 上查看原始新闻稿