Euro Sun Mining Announces Receipt of Waivers and Closing of First Tranche of Offering
Euro Sun Mining Announces Receipt of Waivers and Closing of First Tranche of Offering
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不用於分發給美國新聞通訊社或在美國傳播
TORONTO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Euro Sun Mining Inc., (TSX: ESM) ("Euro Sun" or the "Company") is pleased to announce that it has signed an agreement with Lind Global Fund II, LP, an investment entity managed by The Lind Partners, a New York based institutional fund manager (together, "Lind") to issue 12,500,000 warrants of the Company (the "Warrants") in exchange for Lind's waiver of its (a) ongoing conversion rights under the two convertible security funding agreements (together, the "CSFAs") and (b) its right to receive common shares of the Company (the "Common Shares") should the Company elect to buy-back the amounts outstanding under the CSFA, in each case for the period between July 31, 2023 to August 28, 2023 (together, the "Waivers").
多倫多，2023 年 8 月 10 日（GLOBE NEWSWIRE）— Euro Sun Mining Inc. (TSX: ESM) (”歐洲太陽報“或者”公司“）很高興地宣佈，它已與由總部位於紐約的機構基金管理公司The Lind Partners管理的投資實體Lind Global Fund II, LP簽署了協議（共同，”林德“) 發行公司12,500,000份認股權證（”認股證“) 作爲交換 Lind放棄其 (a) 兩份可轉換證券融資協議下的持續轉換權（合稱”CSFA“) 以及 (b) 其獲得公司普通股的權利（”普通股“）如果公司選擇回購CSFA下的未償還款項，則每種情況下均爲2023年7月31日至2023年8月28日期間（合計”豁免“)。
Each Warrant will entitle Lind to acquire one additional Common Share of the Company at an exercise price of C$0.05 per Common Share until August 9, 2026. Furthermore, the Warrants may not be exercised until December 9, 2026, unless the closing price of the Common Shares is $0.075 or higher or there is a change of control of the Company. The exercise price of the Warrant is the same as the price per Common Share in the offering of Common Shares announced by the Company on July 25, 2023 (the "Offering").
在2026年8月9日之前，每份認股權證將使林德有權以每股普通股0.05加元的行使價再收購一股公司普通股。此外，除非普通股的收盤價爲0.075美元或更高，或者公司的控制權發生變化，否則認股權證要到2026年12月9日才能行使。認股權證的行使價與公司於2023年7月25日宣佈的普通股發行的每股普通股價格相同（”提供“)。
The Company intends to use the proceeds of the Offering to repay the outstanding convertible securities. The Company appreciates Lind's cooperation to grant the Waivers and believes the Waivers are in the best interest of shareholders as it enables the Company to repay the outstanding amounts under the CSFAs, in full, in cash and reduce potential dilution to shareholders.
公司打算將本次發行的收益用於償還未償還的可轉換證券。公司對林德合作授予豁免表示讚賞，並認爲豁免符合股東的最大利益，因爲這使公司能夠以現金全額償還CSFA下的未償金額，並減少對股東的潛在稀釋。
First Tranche Closing
第一批收盤
The Company is also pleased to announce that it has closed its first tranche of the Offering for gross proceeds of C$150,000.00, subject to the approval of the Toronto Stock Exchange (the "First Tranche").
公司還很高興地宣佈，已完成第一批發行，總收益爲15萬加元，但須經多倫多證券交易所批准（”第一批“)。
Pursuant to the First Tranche, the Company issued 3,000,000 Common Shares at a price of C$0.05 per Common Share. No finder fees were paid in connection with the Closing of the First Tranche. The Common Shares issued under the First Tranche are subject to a statutory hold period ending four months and one day from the closing date of the First Tranche. The Company anticipates closing additional tranches under the Offering.
根據第一批，公司以每股普通股0.05加元的價格發行了300萬股普通股。沒有支付與第一批收盤有關的發現費。根據第一批發行的普通股的法定持有期限爲自第一批截止之日起四個月零一天。公司預計將完成本次發行的額外部分。
The Company intends to use the proceeds of the First Tranche to advance the Rovina Valley Project and for general corporate purposes.
公司打算將第一批的收益用於推進羅維納谷項目和一般公司用途。
About Euro Sun Mining Inc.
關於歐洲太陽礦業公司
Euro Sun is a Toronto Stock Exchange listed mining company focused on the exploration and development of its 100%-owned Rovina Valley gold and copper project located in west-central Romania, which hosts the second largest gold deposit in Europe.
Euro Sun是一家在多倫多證券交易所上市的礦業公司，專注於勘探和開發其100％持有的羅維納谷金銅項目，該項目位於羅馬尼亞中西部，該項目擁有歐洲第二大金礦。
Further information:
更多信息：
For further information about Euro Sun Mining, or the contents of this press release, please contact Investor Relations at info@eurosunmining.com
有關 Euro Sun Mining 的更多信息或本新聞稿的內容，請通過以下方式聯繫投資者關係部 info@eurosunmining.com
Caution regarding forward-looking information:
關於前瞻性信息的注意事項：
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the Waivers, the Offering and further tranches, use of proceeds of the Offering and the repayment of the amounts due under the CSFAs. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including risks inherent in the mining industry and risks described in the public disclosure of the Company which is available under the profile of the Company on SEDAR+ at and on the Company's website at . Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in 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 information 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 information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
本新聞稿包含適用的加拿大證券立法所指的 “前瞻性信息”。前瞻性信息包括但不限於有關豁免、本次發行和其他部分、本次發行收益的使用以及根據CSFA償還到期款項的聲明。前瞻性信息受已知和未知風險、不確定性和其他因素的影響，這些因素可能導致公司的實際業績、活動水平、業績或成就與此類前瞻性信息所表達或暗示的業績存在重大差異，包括採礦業固有的風險以及公司公開披露中描述的風險，該披露可在SEDAR+的公司簡介下查閱 並在公司的網站上查閱。儘管公司試圖確定可能導致實際業績與前瞻性信息中包含的業績存在重大差異的重要因素，但可能還有其他因素導致業績不如預期、估計或預期。無法保證此類信息會被證明是準確的，因爲實際結果和未來事件可能與此類陳述中的預期存在重大差異。因此，讀者不應過分依賴前瞻性信息。除非根據適用的證券法，否則公司不承諾更新任何前瞻性信息。
The TSX does not accept responsibility for the adequacy or accuracy of this news release.
多倫多證券交易所對本新聞稿的充分性或準確性不承擔任何責任。
This news 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 of the Company 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 U.S. persons (as defined in Regulation S under the 1933 Act) absent such registration or an applicable exemption from such registration requirements.
本新聞稿不構成出售要約或在美國購買任何證券的要約。公司的證券過去和將來都不會根據經修訂的1933年《美國證券法》（“美國證券法”）或任何州證券法進行註冊，如果沒有此類註冊或此類註冊要求的適用豁免，則不得在美國境內發行或出售，也不得爲美國人的賬戶或利益（定義見1933年法案的S條）。
譯文內容由第三人軟體翻譯。