MTB Announces Closing of Non-Brokered Private Placement
MTB Announces Closing of Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - July 4, 2024) - MTB Metals Corp. (TSXV: MTB) (OTCQB: MBYMF) (FSE: E8H) ("MTB" or the "Company") is pleased to announce that is has closed a non-brokered private placement (the "Offering") for gross proceeds of $344,000 through the issuance of 6,350,000 flow-through units (each a "FT Unit") at a price of $0.04 per FT Unit and 2,250,000 non-flow-through units (each, a "NFT Unit") at a price of $0.04 per NFT Unit.
溫哥華,不列顛哥倫比亞省--(新聞資料公司-2024年7月4日)--MTb Metals Corp。 (TSXV:MTB)(OTCQB:MBYMF)(FSE:E8H)("MTB"或"公司已完成非經紀人私募。增發計劃私募FT單位FF單位NFt單位NFt單位
Each NFT Unit consists of one common share in the capital of the Company (a "Share") and one Share purchase warrant (a "NFT Unit Warrant"). Each NFT Unit Warrant entitles the holder thereof to purchase one Share (a "NFT Unit Warrant Share") for a period of 24 months from the date of issuance at an exercise price of $0.08 per NFT Unit Warrant Share.
每個NFt單位由公司的一股普通股(以下簡稱“NFt單位股票”)和一筆購股權證(以下簡稱“ NFt單位認股權證”)構成。分享購股權證NFt單位認股權證NFt單位認股權證股票NFt單位認股權證股票NFt單位認股權證股票
Each FT Unit consists of one flow-through common share in the capital of the Company (each, an "FT Share") that will qualify as a "flow-through share" within the meaning of subsection 66(15) of the Income Tax Act (Canada) and one-half of one Share purchase warrant (each whole warrant, a "FT Unit Warrant"). Each FT Unit Warrant entitles the holder thereof to purchase one Share (a "FT Unit Warrant Share") for a period of 18 months from the date of issuance at an exercise price of $0.08 per FT Unit Warrant Share.
每個FF單位由公司的一股流通普通股(以下簡稱“FF單位股票”)和半股份購股權證(每個完整的購股權證以下簡稱“FF單位認股權證”)構成。 每個FF單位認股權證在發行之日起的18個月內,享有以0.08美元的價格購買FF單位認股權證股票的權利(以下簡稱“FF單位認股權證股票”).FT Share購股權證FT單位 權證FF單位認股權證FT單位 權證 分享FF單位認股權證股票
The Offering remains subject to final acceptance from the TSX Venture Exchange. All securities issued in connection with the Offering are subject to a four-month hold period from the closing date under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada.
本次發行仍需TSX創業公司交易所最終接受。與本次發行相關的所有證券將按照適用的加拿大證券法的規定受到爲期四個月的限售期限制,此外,還可能適用於加拿大以外的其他司法管轄區的適用證券法所規定的限制。
The Company intends to use the gross proceeds raised from the sale of FT Units for exploration on the Company's Telegraph porphyry copper-gold project in British Columbia's Golden Triangle. The gross proceeds from the sale of NFT Units will be used for working capital and general corporate purposes.
公司計劃利用銷售FF單位籌集的總收益,在不列顛哥倫比亞省金三角的電報斑岩銅金項目上進行勘探。銷售NFt單位籌集的總收益將用於營運資金和一般公司用途。
Lawrence Roulston, President and CEO commented: "We continue to work toward securing joint venture partners for our six exploration projects in British Columbia's Golden Triangle. The focus this year will again be on the Telegraph porphyry copper-gold project. Work last year, including drilling, was successful in outlining a 3.5 km mineralized porphyry trend. Further drilling is needed to delineate that system."
總裁兼首席執行官勞倫斯·勞爾斯頓(Lawrence Roulston)評論道:“我們仍在努力尋找不列顛哥倫比亞省金三角六個勘探項目的聯合開發夥伴。今年的重點將再次放在電報斑岩銅金項目上。去年的工作包括鑽探,在勘探了3.5公里的成礦斑岩帶後取得了成功。需要進一步鑽探來勾勒出該系統。”
Lucia Theny, VP of Exploration, stated, "The objective this year will be to improve the understanding of the overarching geological architecture of the property with a focus of collecting isotopic ages of the numerous intrusions, conducting advanced analytical techniques with a focus on trace element lithogeochemistry, and evaluating the structural complexity of the property. The geological team is working closely with the Mineral Deposit Research Unit (MDRU) at the University of British Columbia (UBC). This work is expected to help refine drill targets for the future exploration programs."
勘探副總裁Lucia Theny表示:“今年的目標是提高對該項物業總體地質架構的理解,重點收集衆多侵入體的同位素年齡,進行基於微量元素岩石地球化學的先進分析技術,並評估物業的結構複雜性。地質團隊與英屬哥倫比亞大學礦牀研究中心(MDRU)緊密合作。這項工作有望爲未來的探礦計劃精細制定鑽探目標。”
Lawrence Roulston, CEO, President and a director of the Company, Rene Bernard, a director of the Company and Mark Brown, a director of the Company (collectively, the "Interested Parties"), purchased or acquired direction or control over a total of 1,500,000 NFT Units and 1,625,000 FT Units as part of the Offering. The placement to the Interested Parties constitutes a "related party transaction" within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Notwithstanding the foregoing, the directors of the Company have determined that the Interested Parties' participation in the Offering will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 in reliance on the exemptions set forth in sections 5.5(a) and 5.7(1)(a) of MI 61-101. The Company did not file a material change report 21 days prior to the closing of the Offering as the details of the participation of Interested Parties had not been confirmed at that time.
公司首席執行官、總裁及董事Lawrence Roulston、公司董事Rene Bernard和Mark Brown共同購買或收購了150萬NFt單位和162.5萬Ft單位,作爲本次發行的一部分。對於有關方的配售構成了《多邊協議61-101少數股東在特定交易中的保護》(“MI 61-101”)中意義上的“關聯方交易”。儘管如前所述,公司董事已經確定,有關方的參與將豁免MI 61-101的正式估值與少數股東審批要求,依據MI 61-101第5.5(a)和5.7(1)(a)款的豁免條款。由於有關方的參與在那時尚未得到確定,因此公司在報告關閉前21天沒有提交重大變更報告。有關方面MTB的六個活躍項目涵蓋了不列顛哥倫比亞省北部富有成效的金三角地區580平方公里。在重點關注Telegraph項目的前提下,現在正在進行對其他項目的合資企業和/或剝離的討論。Telegraph位於4個世界級斑岩礦牀的附近,由主要的礦業公司推進:Galore (Teck / Newmont)、Schaft (Teck)、Saddle (Newmont)和操作中的Red Chris銅金礦(Newmont / Imperial Metals)。MTB在其344平方公里的物業上進行了野外工作,包括鑽探,加之早期的結果提供了有力的證據表明,與該地區的其他斑岩類礦牀類似,存在一個或多個斑岩類礦牀。目前正在等待四個鑽探孔的化驗結果。mi 61-101美國溪項目的重點集中在歷史悠久的Mountain Boy銀礦上。該項目靠近公路,距離Stewart深水港20公里。該物業上有多個銀、金和銅礦化,包括2006年鑽探孔在5米範圍內遇到5千克銀的情況。
About MTB
關於MTB
MTB has six active projects spanning 580 square kilometres in the prolific Golden Triangle of northern British Columbia. With the focus on the Telegraph project, discussions are now underway leading to joint ventures and/or spinouts of other projects.
MTb在不列顛哥倫比亞省北部的豐碩金三角地區擁有六個活躍項目,涵蓋580平方公里。重點關注Telegraph項目,正在進行對其他項目進行合資企業和/或剝離的討論。
- Telegraph is located in the vicinity of 4 world-class porphyry deposits being advanced by major mining companies: Galore (Teck / Newmont), Schaft (Teck), Saddle (Newmont) and the operating Red Chris copper-gold mine (Newmont / Imperial Metals). Field work, including drilling, by MTB on its 344 square kilometre property, together with earlier results, provides compelling evidence for the presence of one or more porphyries, similar to the others in the area. Assay are pending from four drill holes.
- The American Creek project is centered on the historic Mountain Boy silver mine. The project is road accessible and 20 km from the deep-water port of Stewart. There are multiple silver, gold and copper occurrences on the property, including a 2006 drill hole that encountered 5 kgs of silver over 5 metres.
- Red Cliff is a past producing gold and copper mine in which the Company holds a 35% interest. Recent drill results include 2 meters of 26 g/t gold.
- On the BA property, 182 drill holes have outlined a substantial zone of silver-lead-zinc mineralization located 4 km from the highway. Several targets with high-grade silver potential remain to be tested. Drilling in October on the George Copper zone encountered copper mineralization, with assays pending.
- On the Theia project, work by MTB and previous explorers has outlined a silver bearing mineralized trend 500 metres long, highlighted by a 2020 grab sample that returned 39 kg per tonne silver (1,100 ounces per ton). Two other zones on the property produced copper values over 5%.
- Southmore is in the midst of some of the largest deposits in the Golden Triangle. It was explored in the 1980s through the early 1990s and was overlooked until MTB consolidated the property and carried out airborne geophysics and field work which confirmed several zones of gold and copper, with values up to 20% copper and 35 g/t gold.
- 特利格拉夫位於4個世界級斑岩礦牀附近,這些礦牀正由主要礦業公司推進:Galore(Teck / Newmont),Schaft(Teck),Saddle(Newmont)和運營的Red Chris銅-黃金礦(Newmont / Imperial Metals)。MTb在其344平方公里的產權範圍內進行的現場工作,包括鑽探等,連同早期成果,提供了存在一個或多個斑岩體的強有力證據,在地區內與其他礦牀類似。目前待定來自四個鑽孔的化驗結果。
- 美國溪項目的重點集中在歷史悠久的Mountain Boy銀礦上。該項目靠近公路,距離Stewart深水港20公里。該物業上有多個銀、金和銅礦化,包括2006年鑽探孔在5米範圍內遇到5千克銀的情況。
- Red Cliff是一座過去生產黃金和銅的礦山,公司持有35%的投資。最近的鑽探結果包括2米的26克/噸金。
- 在BA物業上,182個鑽孔描繪了一個離公路4公里的大型銀-鉛-鋅礦化帶,還有多個高品位銀潛力靶區有待發掘,George Copper斑岩帶10月的鑽探孔發現了銅礦化,化驗結果還在等待中。
- 在Theia項目上,MTb和先前的勘探隊員的工作評定了一條500米長的含銀礦化帶,其中一次試採樣在2020年產出了每噸39公斤銀(1,100盎司)。該物業上的另外兩個區域產出的銅值超過了5%。
- Southmore位於金三角最大礦牀之一的中心地帶。它在上個世紀80年代至90年代初曾受到勘探,直至MTB整合該物業並進行空中地球物理和野外工作,證實了多個具有金、銅礦潛力區域,其中銅含量高達20%,金含量高達35克/噸。
On behalf of the Board of Directors:
代表董事會:
Lawrence Roulston
President & CEO
Lawrence Roulston
總裁兼首席執行官
For further information, contact:
Caroline Klukowski
caroline@mtb-metals.com
如需更多信息,請聯繫:
Caroline Klukowski
caroline@mtb-metals.com
NEITHER 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.
創業公司交易所和其監管服務提供商(根據創業公司交易所政策定義)均不對本發佈的充分性或準確性承擔責任。
This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-Looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things, the Company's use of proceeds from the Offering and expectations regarding the receipt of the necessary regulatory approvals for the Offering.
本新聞稿包含某些可能構成適用加拿大證券法的前瞻性信息和資料。前瞻性陳述涉及未來事件或未來業績,反映公司管理層關於未來事件的期望或信仰。一般而言,前瞻性陳述和信息可通過前瞻性術語,如"意欲"或"預期"等前瞻性術語或該等詞語和短語的變體,或者表明某些行動、事件或結果"可能"、"可能"、"應該"、"將"或"發生"等前瞻性語言,以及將來計劃、估計和預測,以及關於管理層對公司使用本次發行所得資金以及有關監管機構批准執行本次發行所需的預期和意圖的表述,都屬於前瞻性陳述與信息。這些信息和陳述在本新聞稿中被稱作"前瞻性陳述"、"前瞻性信息",並非歷史事實,是在本新聞稿日期之後進行的,幷包括但不限於有關未來計劃、估計和預測,以及管理層關於公司使用本次發行所得資金以及有關監管機構批准執行本次發行所需的預期和意圖。
These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, that the Company will not receive the necessary regulatory approvals in respect of the Offering and that the use of proceeds from the Offering may differ from management's expectations.
本新聞稿中包括若干風險和不確定性,實際結果可能與任何前瞻性陳述提供的結果有所不同。這些風險和不確定因素包括但不限於:公司將無法在本次發行的批准獲得有關方面的必要監管機構批准;以及使用本次發行所得資金的預期結果可能與管理層的預期不符。
In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the Company will receive the necessary regulatory approvals in respect of the Offering and use the proceeds from the Offering as currently contemplated.
在本新聞稿中發佈前瞻性陳述時,公司已經應用了若干重要的假設,包括但不限於,公司將獲得有關機構對本次發行的批准,並按照管理層的預期使用本次發行所得資金。
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
儘管公司管理層試圖確認可能導致實際結果與前瞻性聲明或前瞻性信息不同的重要因素,或意圖,或預估,但可能還存在導致結果不如預期、估計或預期的其他因素。因此,讀者不應就前瞻性聲明和前瞻性信息做出過多的依賴。讀者應被告知,依賴這種信息可能不適合其他用途。該公司不承諾更新任何已被納入其中的前瞻性聲明、前瞻性信息或財務展望,除非按照適用的證券法規。我們尋求安全港。