Great Republic Mining Corp. Announces Amendment to Its Property Option Agreement for the Porcher Vanadium-Titanium-Gold Property
Great Republic Mining Corp. Announces Amendment to Its Property Option Agreement for the Porcher Vanadium-Titanium-Gold Property
Vancouver, British Columbia--(Newsfile Corp. - December 24, 2022) - Great Republic Mining Corp. (CSE: GRM) (the "Company" or "Great Republic") announces that it has entered into an amendment to its property option agreement for the Porcher Property (the "Amendment"). Under the terms of the Amendment, the Company has agreed to issue an aggregate 150,000 shares to the property optionors (50,000 shares to each optionor) in consideration of the deferral of exploration expenditures to 2023, with $40,000 to be completed by March 1, 2023 and the balance of $60,000 by December 31, 2023.
温哥华，不列颠哥伦比亚省-(Newsfile Corp.-2022年12月24日)-伟大的共和国矿业公司(CSE：GRM)(“公司“或”伟大的共和国“)宣布已对Porcher财产的财产选择权协议(”修正案根据修订条款，本公司已同意向物业期权持有人发行合共150,000股股份(向每位期权持有人发行50,000股股份)，作为将勘探开支延迟至2023年的代价，其中40,000美元将于2023年3月1日前完成，其余60,000美元将于2023年12月31日前完成。
The shares issued to the optionors bear a hold period of four months and one day from the date of issuance, and are subject to the Company's filing requirements with the CSE.
向购股权人发行的股份自发行之日起计有四个月零一天的持有期，并须遵守本公司向中国证券交易所提交的备案规定。
About Great Republic Mining Corp.
关于Great Republic矿业公司
Great Republic is engaged in the business of acquiring and exploring mineral resource properties. Great Republic has an option to acquire a 100% interest in the Porcher Property, which is composed of nine contiguous mineral titles covering an area of 3560.4 hectares in the northwest part of British Columbia, Canada, approximately 40 kilometres southwest of the city of Prince Rupert on Porcher Island.
Great Republic从事收购和勘探矿产资源资产的业务。Great Republic拥有收购Porcher地产100%权益的选择权，Porcher地产由加拿大不列颠哥伦比亚省西北部占地3560.4公顷的九个相邻矿业权组成，位于Porcher岛鲁珀特王子市西南约40公里处。
On Behalf of the Board of Directors
我谨代表董事会
Jerry Huang
Chief Financial Officer and Director
Jerry Huang
首席财务官兼董事
For further information, please contact:
如需更多信息，请联系：
Jerry Huang
Chief Financial Officer and Director
Tel: 778-887-6489
Email: info@greatrepublic.ca
Jerry Huang
首席财务官兼董事
电话：778-887-6489
电子邮件：info@Great reRepublic.ca
Disclaimer for Forward-Looking Information
对前瞻性信息的免责声明
Certain statements in this news release are forward-looking statements, which reflect the expectations of management regarding Great Repulic's exploration plans. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Great Republic will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements. These forward-looking statements are made as of the date of this news release and the Company assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws.
本新闻稿中的某些陈述属于前瞻性陈述，反映了管理层对Great Repulic勘探计划的期望。此类陈述会受到风险和不确定因素的影响，这些风险和不确定因素可能会导致实际结果、业绩或发展与陈述中包含的内容大不相同。不能保证前瞻性陈述中预期的任何事件都会发生，或者如果发生了，伟大的共和国将从中获得什么好处。这些前瞻性陈述反映了管理层目前的观点，并基于某些预期、估计和假设，这些预期、估计和假设可能被证明是不正确的。一些风险和不确定因素可能导致实际结果与前瞻性陈述中明示或暗示的结果大不相同。这些前瞻性陈述是在本新闻稿发布之日作出的，公司没有义务更新这些前瞻性陈述，也没有义务更新实际结果与前瞻性陈述中预测的结果不同的原因，除非符合适用的证券法。
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译文内容由第三方软件翻译。