The Units will be offered at a price of
If the closing price of the Company's common shares ('Shares') on the Canadian Securities Exchange (the 'CSE') (or such other principal exchange on which the Shares may be traded at such time) is equal to or greater than
The Company intends to use the proceeds of the Offering for the continued exploration drilling on the
No commissions will be paid with respect to the Offering, however, the Company may pay a cash finder's fee to certain finders of up to 8% of the aggregate gross proceeds of subscriptions facilitated by such finders.
The Offering is expected to close on or about
About
The Fontaine and Quesnel properties straddle an 18 km length of the Barkerville and Quesnel Terranes and are contiguous to
Contact:
Tel: 780-993-2193
Forward Looking Information
This release contains forward-looking information within the meaning of applicable Canadian securities legislation. Expressions such as 'anticipates', 'expects', 'believes', 'estimates', 'could', 'intends', 'may', 'plans', 'predicts', 'projects', 'will', 'would' and other similar expressions, or the negative of these terms, are generally indicative of forward-looking information. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such forward-looking information.
In addition, the forward- looking information contained in this release is based upon what management believes to be reasonable assumptions. Readers are cautioned not to place undue reliance on forward-looking information as it is inherently uncertain, and no assurance can be given that the expectations reflected in such information will prove to be correct. The forward-looking information in this release is made as of the date hereof and, except as required under applicable securities legislation, the Company assumes no obligation to update or revise such information to reflect new events or circumstances.
The securities of the Company have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in
(C) 2023 Electronic News Publishing, source