E-Power Resources Inc. Announces Approval of Deal With Volt Carbon Technologies
E-Power Resources Inc. Announces Approval of Deal With Volt Carbon Technologies
Montreal, Quebec--(Newsfile Corp. - March 25, 2024) - E-Power Resources Inc (CSE: EPR) ("E-Power" or the "Company") is pleased to announce it has issued the first tranche of 1,600,000 shares to Volt Carbon Technologies Inc ("Volt Carbon") as part of the option agreement announced on February 5, 2024.
魁北克蒙特利尔--(Newsfile Corp.,2024 年 3 月 25 日)-E-Power Resources Inc (CSE: EPR) (”E-Power“或者”公司“)很高兴地宣布,它已向Volt Carbon Technologies Inc发行了第一批1600,000股股票(”伏特碳“)作为2024年2月5日宣布的期权协议的一部分。
The Company issued 1,600,000 shares to Volt Carbon on March 21, 2024. The shares are subject to a 4-month hold period. The Company will issue Volt Carbon another 2,500,000 shares when $340,000 is spent on exploration of the Tetepisca Property and a further 2,500,000 shares when the second $340,000 is spent on exploration of the Tetepisca Property. Volt Carbon has agreed to spend the full $680,000 during the 2024 calendar year. Spending the entire $680,000 on exploration of the Tetepisca Property, before December 31, 2024, will give Volt Carbon the right to acquire a 5% interest in the Tetepisca Property, on or before December 31, 2025, for a $1,500,000 cash payment.
该公司于2024年3月21日向Volt Carbon发行了160万股股票。这些股票的持有期为4个月。当花费34万美元勘探泰特皮斯卡地产时,该公司将再向Volt Carbon发行25万股股票,当第二笔34万美元用于勘探泰特皮斯卡地产时,该公司将再发行250万股股票。Volt Carbon已同意在2024日历年度内花费全部68万美元。在2024年12月31日之前,将全部68万美元用于勘探泰特皮斯卡地产,这将使Volt Carbon有权在2025年12月31日当天或之前以150万美元的现金支付收购泰特皮斯卡地产5%的权益。
The Exploration Committee established by the option agreement is looking forward to deploying the capital during the field season. Exploration and evaluation planned for 2024 at Tetepisca will include bulk sampling and metallurgical test work, diamond drilling to support resource delineation, and electromagnetic ground surveys over selected early-stage targets.
根据期权协议成立的勘探委员会期待在油田季节部署资金。计划于2024年在Tetepisca进行的勘探和评估将包括批量采样和冶金测试工作、支持资源划定的金刚石钻探以及对选定的早期目标进行电磁地面勘测。
James Cross, President, and Chief Executive Officer of E-Power Resources said, "This capital provided by Volt Carbon represents an excellent head start on the financing of the 2024 field season. This is $680,000 we will not have to go to the capital markets to raise."
E-Power Resources总裁兼首席执行官詹姆斯·克罗斯表示:“Volt Carbon提供的这笔资金代表了2024年野外赛季融资的良好开端。这是68万美元,我们不必去资本市场筹集资金。”
Following the issuance of 1,600,000 shares to Volt Carbon, E-Power Resources has 36,021,258 shares outstanding.
继向Volt Carbon发行1600,000股股票之后,E-Power Resources的已发行股票为36,021,258股。
About E-Power Resources Inc.
关于 E-Power 资源公司
E-Power Resources Inc. is an exploration stage company engaged principally in the acquisition, exploration, and development of graphite properties in Quebec. Its flagship asset, the Tetepisca Graphite Property, is located in the Tetepisca Graphite District of the North Shore Region of Quebec, approximately 215 kilometers from the Port of Baie-Comeau. For further information, please refer to the Company's disclosure record on SEDAR () or contact the Company by email at info@e-powerresources.com.
E-Power Resources Inc. 是一家处于勘探阶段的公司,主要从事魁北克石墨地产的收购、勘探和开发。其旗舰资产泰特皮斯卡石墨地产位于魁北克北岸地区的泰特皮斯卡石墨区,距离贝科莫港约215公里。欲了解更多信息,请参阅公司在SEDAR上的披露记录 () 或通过电子邮件与公司联系,电子邮件地址为 info@e-powerresources.com。
On Behalf of the Company
代表公司
James Cross
President & CEO
+1 (438) 701-3736
info@e-powerresources.com
詹姆斯·克罗斯
总裁兼首席执行官
+1 (438) 701-3736
info@e-powerresources.com
Disclaimer for Forward-Looking Information
前瞻性信息免责声明
This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations, or beliefs of future performance are "forward-looking statements". These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
本新闻稿包含适用证券法所指的某些前瞻性陈述。所有非历史事实的陈述,包括但不限于有关未来估计、计划、计划、预测、预测、目标、假设、预期或未来业绩信念的陈述,均为 “前瞻性陈述”。根据公司现有信息,这些前瞻性陈述反映了公司管理层的期望或信念。前瞻性陈述受许多风险和不确定性的影响,包括公司向证券监管机构提交的文件中不时详述的风险和不确定性,这可能会导致实际结果与前瞻性陈述中讨论的结果存在重大差异。应仔细考虑这些因素,并提醒读者不要过分依赖此类前瞻性陈述。本新闻稿中包含的前瞻性陈述和信息自发布之日起作出,除非适用的证券法有要求,否则公司没有义务公开更新或修改任何前瞻性陈述或信息,无论是由于新信息、未来事件还是其他原因。
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CSE尚未审查、批准或不批准本新闻稿的内容。