Stallion Discoveries Announces $4 Million Non-Brokered Private Placement Financing
2023年6月1日 - 9:00PM
Stallion Discoveries Corp. (the
"Company" or
"Stallion") (TSX-V: STUD; OTCQB: STLNF; FSE: HM4)
is pleased to announce that it is proceeding on non-brokered
private placement for gross proceeds of up to $4,000,000,
consisting of charity flow-through units of the Company (each, a
“
Charity FT Unit”) at a price of C$0.41 per
Charity FT Unit and flow-through common shares of the Company
(each, a “
FT Share”) at a price of $0.33 per FT
Share (the “
Offering”). Red Cloud Securites Inc.
is acting as a finder under the Offering.
Each Charity FT Unit will consist of one common
share of the Company to be issued as a “flow-through share” within
the meaning of the Income Tax Act (Canada) (each, a
“Charity FT Share”) and one half of one common
share purchase warrant (each whole warrant, a
“Warrant”). Each Warrant shall entitle the holder
to purchase one common share of the Company (each, a
“Warrant Share”) at a price of $0.45 for a period
of 24 months.
The gross proceeds from the sale of Charity FT
Shares and FT Shares will be used by the Company to incur eligible
“Canadian exploration expenses” that qualify as “flow-through
critical mineral mining expenditures” as such terms are defined in
the Income Tax Act (Canada) (the “Qualifying
Expenditures”) related to the Company’s uranium projects
in the Athabasca Basin, Saskatchewan, on or before December 31,
2024. All Qualifying Expenditures will be renounced in favour of
the subscribers of the Charity FT Shares and FT Shares effective
December 31, 2023.
The Offering is subject to TSX Venture Exchange
approval. All securities to be distributed under the Offering will
be subject to a hold period of four months and one day following
the closing date of the Offering.
The Company may pay a cash commission equal to
8.0% of the gross proceeds of the Offering.
This press release does not constitute an offer
to sell or a solicitation of an offer to buy any of the securities
in the United States. The securities have not been and will not be
registered under the United States Securities Act of 1933, as
amended (the "U.S. Securities Act"), or any state
securities laws and may not be offered or sold within the United
States or to or for the account or benefit of a U.S. person (as
defined in Regulation S under the U.S. Securities Act) unless
registered under the U.S. Securities Act and applicable state
securities laws or an exemption from such registration is
available.
About Stallion
DiscoveriesStallion Discoveries is working to Fuel the
Future with Uranium through the exploration of over 3,000 sq/km in
the Athabasca Basin, home to the largest high-grade uranium
deposits in the world. The company holds the largest contiguous
project in the Western Athabasca Basin adjacent to multiple
high-grade discovery zones.
Our leadership and advisory teams are comprised of uranium and
precious metals exploration experts with the capital markets
experience and the technical talent for acquiring and exploring
early-stage properties.
Stallion offers optionality with two gold
projects in Idaho and Nevada that neighbour world class gold
deposits offering exposure to upside potential from district
advancement with limited capital expenditures.
For more information visit
Stalliondiscoveries.com
For further information
contact:
Lisa StewartInvestor Relations(604)
341-8177 lstewart@stalliondiscoveries.com
Drew ZimmermanChief Executive Officer
Neither the 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.
This news release contains forward-looking
statements and forward-looking information within the meaning of
Canadian securities legislation (collectively, “forward-looking
statements”) that relate to the Company’s current expectations and
views of future events. Any statements that express, or involve
discussions as to, expectations, beliefs, plans, objectives,
assumptions or future events or performance (often, but not always,
through the use of words or phrases such as “will likely result”,
“are expected to”, “expects”, “will continue”, “is anticipated”,
“anticipates”, “believes”, “estimated”, “intends”, “plans”,
“forecast”, “projection”, “strategy”, “objective” and “outlook”)
are not historical facts and may be forward-looking statements and
may involve estimates, assumptions and uncertainties which could
cause actual results or outcomes to differ materially from those
expressed in such forward-looking statements. No assurance can be
given that these expectations will prove to be correct and such
forward-looking statements included in this material change report
should not be unduly relied upon. These statements speak only as of
the date they are made.
Forward-looking statements are based on a number
of assumptions and are subject to a number of risks and
uncertainties, many of which are beyond the Company’s control,
which could cause actual results and events to differ materially
from those that are disclosed in or implied by such forward-looking
statements. The Company undertakes no obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as may be required
by law. New factors emerge from time to time, and it is not
possible for the Company to predict all of them, or assess the
impact of each such factor or the extent to which any factor, or
combination of factors, may cause results to differ materially from
those contained in any forward-looking statement. Any
forward-looking statements contained in this presentation are
expressly qualified in their entirety by this cautionary
statement.
Stallion Uranium (TSXV:STUD)
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Stallion Uranium (TSXV:STUD)
過去 株価チャート
から 5 2023 まで 5 2024