Each Unit will be comprised of one common share in the capital of the Company (each, a 'Share') and one transferrable share purchase warrant (each, a 'Warrant'). Each Warrant will entitle the holder thereof to acquire one additional Share (each, a 'Warrant Share') at a price of
All securities issued in connection with the Financing are subject to a statutory hold period expiring four months and one day after the closing of the Financing.
The Company intends to use the proceeds of the Financing towards drilling on current projects and general working capital.
None of the securities issued have been registered under the United States Securities Act of 1933, as amended (the '1933 Act'), and none of them may be offered or sold in
Finder's fees may be paid to eligible finders in connection with the Financing.
About
Cruz currently has several projects located throughout
Contact:
Tel: 604-899-9150
Email: info@cruzbatterymetals.com
Web: www.cruzbatterymetals.com
FORWARD LOOKING STATEMENTS
Statements in this document which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward looking statements in this news release include, but are not limited to, that the Company will be able to close the Financing and the anticipated use of proceeds from the Financing. It is important to note that the Company's actual business outcomes and exploration results could differ materially from those in such forward-looking statements. Risks and uncertainties include that: the Company may be unable to close the Financing and the Company may also not raise sufficient funds to carry out its plans. Additional risk factors are discussed in the section entitled 'Risk Factors' in the Company's Management Discussion and Analysis for its recently completed fiscal period, which is available under Company's SEDAR profile at www.sedar.com. There can be no assurance that any forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements. The Company undertakes no obligation to update forward-looking information or statements, other than as required by applicable law.
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