INTERNATIONAL BATTERY METALS LTD. ANNOUNCES CLOSING OF PRIVATE PLACEMENT
INTERNATIONAL BATTERY METALS LTD. ANNOUNCES CLOSING OF PRIVATE PLACEMENT
VANCOUVER, BC, and HOUSTON, Dec. 8, 2023 /PRNewswire/ -- International Battery Metals Ltd. (the "Company") (CSE: IBAT), is pleased to announce that it has closed its previously announced private placement of units (the "Private Placement").
不列顛哥倫比亞省溫哥華和休斯頓，2023 年 12 月 8 日 /PRNewswire/ — 國際電池金屬有限公司 （那個”公司“)（CSE：IBAT）很高興地宣佈，它已經完成了先前宣佈的單位私募配售（私募配售“)。
Pursuant to the Private Placement, the Company issued 1,629,838 units (each a "Unit") at a price of CAD$0.70 per Unit, for aggregate gross proceeds of CAD$1,140,886. Each Unit consists of one common share in the capital of the Company (each, a "Common Share"), and one common share purchase warrant (each a "Warrant"), with each Warrant entitling the holder to acquire an additional Common Share for a period of 24 months from closing at an exercise price of CAD$0.82.
根據私募配售，該公司發行了1,629,838套單位（每套 “單元“) 價格爲每單位0.70加元，總收益爲1,140,886加元。每個單位由公司資本中的一股普通股組成（每股，一個”普通股“)，以及一張普通股購買權證（每張 a”搜查令“），每份認股權證均允許持有人以0.82加元的行使價從收盤起的24個月內額外購買一股普通股。
The proceeds from the Private Placement will be used to fund the Company's ongoing operations and other general corporate expenditures.
私募的收益將用於爲公司的持續運營和其他一般公司支出提供資金。
The securities issued under the Private Placement are subject to a statutory hold period of four months from the date of issuance under Canadian Securities laws and will also be restricted securities under the United States Securities Act of 1933.
根據加拿大證券法，私募發行的證券自發行之日起有四個月的法定持有期，根據1933年《美國證券法》，也將是限制性證券。
Related Party Transaction
關聯方交易
Garry Flowers, Chief Executive Officer, Daniel Christie, Chief Financial Officer, and Dr. John Burba, Director subscribed for an aggregate of 1,144,767 Units, representing approximately 70% of the Private Placement. As insiders, each of Messrs. Flowers, Christie and Burba are a "related party" of the Company, as such term is defined in Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Accordingly, the Placement is a related party transaction pursuant to MI 61-101. Under Section 5.4 and 5.6, the Company is required to obtain a formal valuation and minority shareholder approval for the Placement, respectively, unless exemptions are available.
首席執行官加里·弗洛爾斯、首席財務官丹尼爾·克里斯蒂和董事約翰·伯巴博士共認購了1,144,767套單位，約佔私募的70％。作爲內部人士，弗洛爾斯先生、克里斯蒂先生和布爾巴先生都是公司的 “關聯方”，該術語的定義見第61-101號多邊文書《在特殊交易中保護少數證券持有人》（”MI 61-101“)。因此，根據MI 61-101，此次配售是關聯方交易。根據第5.4和5.6節，除非有豁免，否則公司必須分別獲得正式估值和少數股東對配售的批准。
The Company is relying on the exemptions from the formal valuation requirement and the minority shareholder approval requirement under Sections 5.5(a) and 5.7(1)(a), as at the time the transaction was agreed to, neither the fair market value of the subject matter of, nor the fair market value of the consideration for, the Private Placement, insofar as it involves interested parties, exceeds 25 per cent of the Company's market capitalization.
截至交易達成時，公司依賴於第5.5（a）和5.7（1）（a）條規定的正式估值要求豁免和小股東批准要求，就涉及利益相關方的私募標的公允市場價值和對價的公允市場價值而言，均未超過公司市值的25％。
The Company did not file a material change report more than 21 days before the expected closing of the Private Placement because the details of the participation therein by related parties of the Company were not settled until shortly prior to the closing of the Private Placement and the Company wished to close on an expedited basis for business reasons.
公司在私募配售預計結束前21天才提交重大變更報告，因爲公司關聯方參與私募配售的細節直到私募結束前不久才確定，而且出於商業原因，公司希望加快關閉。
About International Battery Metals Ltd.
關於國際電池金屬有限公司
The Company's direct lithium extraction technology is based on proprietary lithium extraction housed in patented extraction towers that are enclosed in a modular, shippable platform able to be loaded and brought into production within 10 days of arrival on a customer site. Utilizing the patented technology, the Company's focus has been on advanced extraction of lithium chloride from ground water salt brine deposits and returning the same water to the subsurface aquifer from which it is extracted. The Company's unique patented technology ensures faster delivery of lithium chloride while ensuring minimal environmental impact.
該公司的直接鋰提取技術基於專有的鋰提取，該提取塔位於獲得專利的提取塔中，該提取塔封閉在模塊化、可運輸的平台中，能夠在到達客戶現場後的10天內裝載並投入生產。利用這項專利技術，該公司的重點是從地下水鹽鹽水沉積物中高級提取氯化鋰，並將相同的水返回到提取氯化鋰的地下含水層。該公司獨特的專利技術可確保更快地輸送氯化鋰，同時確保將對環境的影響降至最低。
ON BEHALF OF THE BOARD
代表董事會
"Garry Flowers"
“Garry Flowers”
Garry Flowers, CEO
首席執行官加里·弗洛爾斯
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
加拿大證券交易所及其監管服務提供商（該術語在加拿大證券交易所的政策中定義）均不對本新聞稿的充分性或準確性承擔責任。
This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control that may cause actual results or performance to differ materially from those currently anticipated in such statements.
本新聞稿可能包含有關未來事件的假設、估計和其他前瞻性陳述。此類前瞻性陳述涉及固有的風險和不確定性，並受許多因素的影響，其中許多因素是公司無法控制的，可能導致實際業績或業績與此類陳述中目前預期的結果或表現存在重大差異。
Forward–looking and cautionary statements
向前—觀察和警示性陳述
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale would be unlawful. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This release may contain statements within the meaning of safe harbour provisions as defined under securities laws and regulations.
本新聞稿不應構成出售要約或招攬購買任何證券的要約，在美國任何州，此類要約、招標或出售均不合法的證券出售。此處提及的證券過去和將來都不會註冊 根據經修訂的1933年《美國證券法》，未經註冊或適用的註冊要求豁免，不得在美國發行或出售。本新聞稿可能包含證券法律法規所定義的安全港條款所指的聲明。
This release may contain certain forward-looking statements with respect to certain of the plans and objectives of the Company, including statements with respect to the use of proceeds from the Private Placement. The use of any of the words "will", "expected", "view", "believes" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual results and developments may differ materially from those contemplated by forward-looking information as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. Additional information regarding risks and uncertainties of the Company's business are contained in the Company's public filings which are available under the Company's profile on SEDAR+ at . Readers are cautioned not to place undue reliance on forward-looking information. The statement made in this press release are made as of the date hereof. The Company disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities laws.
本新聞稿可能包含與公司某些計劃和目標有關的某些前瞻性陳述，包括與私募所得收益的使用有關的陳述。使用任何 “將”、“預期”、“觀點”、“相信” 等詞語以及與非歷史事實事項有關的類似表達和陳述，均旨在識別前瞻性信息，並基於公司當前對此類未來事件結果和時機的信念或假設。由於許多已知和未知的風險、不確定性和其他因素，其中許多是公司無法控制的，實際業績和發展可能與前瞻性信息所設想的結果和發展存在重大差異。有關公司業務風險和不確定性的其他信息包含在公司的公開文件中，這些文件可在SEDAR+上的公司簡介下查閱，網址爲。提醒讀者不要過分依賴前瞻性信息。本新聞稿中的聲明截至本文發佈之日作出。除非適用的證券法明確要求，否則公司不打算或沒有義務公開更新或修改任何前瞻性信息，無論這些信息是由於新信息、未來事件還是其他原因。
IR Contact:
Ken Dennard
Dennard Lascar Investor Relations
[email protected]
投資者關係聯繫人：
肯·丹納德
丹納德·拉斯卡投資者關係
[電子郵件保護]
International Battery Metals Ltd.
Royal Centre, Suite 1750
1050 West Georgia St.
Vancouver, B.C. V6E 3P3
[email protected]
CSE: IBAT
國際電池金屬有限公司
皇家中心，套房 1750
西喬治亞街 1050 號
不列顛哥倫比亞省溫哥華 V6E 3P3
[電子郵件保護]
案例：IBAT
SOURCE International Battery Metals Ltd.
來源：國際電池金屬有限公司
譯文內容由第三人軟體翻譯。