York Harbour Metals Signs Option Agreement With Firetail Resources for York Harbour Copper-Zinc-Silver Project
York Harbour Metals Signs Option Agreement With Firetail Resources for York Harbour Copper-Zinc-Silver Project
Toronto, Ontario--(Newsfile Corp. - June 6, 2024) - YORK HARBOUR METALS INC. (TSXV: YORK) (the "Company" or "York Harbour") a Canadian exploration company focussed on high-grade mineral projects in Newfoundland and Labrador, is pleased to announce that, on June 5, 2024, it entered into an option agreement (the "Option Agreement") with Australian-listed Firetail Resources Limited (ASX: FTL) ("Firetail").
安大略省多倫多-（新聞資料公司-2024年6月6日）- 約克港貴金屬有限公司（TSXV：YORK）（“Acquiror”）宣佈其以每個單位0.21美元的價格收購了4,761,905個發行人的單位（“Units”），總認購價格爲1,000,000.01美元。每個單位包括一股公司股本中的普通股（一個“Common Shares”）和半個普通股購股權證（每個完整的權證即爲“Warrant”），每個權證都使持有者有權以每股0.25美元的價格購買一股普通股，直到2026年5月30日。公司計劃議程約克港）一家加拿大勘探公司，專注於紐芬蘭和拉布拉多高品位礦產項目。公司很高興地宣佈，於2024年6月5日，與澳大利亞上市公司期權Firetail Resources Limited（ASX: FTL）（下稱"Firetail"）達成了期權協議（下稱"Firetail）。約克港已經授予 Firetail 股權期權（下稱"").
York Harbour has granted an option (the "Option") to Firetail to earn a 80% undivided interest in the Company's York Harbour Copper-Zinc-Silver Project (the "York Harbour Project"), which is comprised of six mineral licenses and 189 mineral claims totaling 4,725 hectares in the province of Newfoundland and Labrador (the "Transaction"), subject to an existing 0.5% net smelter royalty and a 2% net smelter royalty to be granted by Firetail to York Harbour (the "York Harbour NSR"). Closing of the Transaction (the "Closing") remains subject to, without limitation, receiving all necessary consents and approvals, including the approval of the TSX Venture Exchange ("TSX-V"), as well as the satisfaction of customary closing conditions. The Company expects to complete the Transaction in the coming weeks.
Option選項，允許 Firetail 獲得該公司的 York Harbour 銅-鋅-銀項目（下稱"York Harbour 項目），該項目由紐芬蘭和拉布拉多省的六個礦業許可證和189個礦業申請組成，總面積爲4725公頃 （下稱"交易），但需遵守現有的0.5％淨冶煉廠特許權和2％的 Firetail 對約克港特許權的要求（下稱"York Harbour NSR）。交易（下稱"結盤Transaction（"TSX-V），仍需獲得所有必要的同意和批准，包括 TSX Venture Exchange 的批准（下稱"
President & CEO Blair Naughty comments, "We believe that Firetail's proven board & management team, alongside their seasoned technical team, are the right group to partner with us to move the York Harbour project forward as quickly as possible. We look forward to becoming shareholders of Firetail which will also provide us upside value on their other two high-profile projects."
總裁兼首席執行官 Blair Naughty 評論:"我們相信 Firetail 成功的董事會和管理團隊以及經驗豐富的技術團隊，是我們加緊推動 York Harbour 項目的合適合作伙伴。我們期待成爲 Firetail 的股東，這還將爲我們提供他們其他兩個備受關注的項目的上漲價值。"
The Option
權利期間
Firetail can exercise the Option over a three-year period for total consideration of $500,000 AUD, 175,000,000 ordinary shares in the capital of Firetail (the "Consideration Shares"), and completing 10 kilometres of drilling on the York Harbour Project, as follows:
），三年期內行使期權，總代價爲50萬澳元，以及 Firetail 公司普通股的1.75億股（下稱"交易股份在約克港項目上完成10公里的鑽探，具體如下:
| Cash (AUD) | Consideration Shares | Total Kilometres of Drilling to be Completed | Interest Earned | |
| On or before the Closing | $200,000 | 100,000,000 | Nil | 49% |
| Within 10 business days following the first anniversary of the Closing (the "First Payment") | $100,000 | 25,000,000 | 5 kilometres | 11% |
| Within 10 business days following the second anniversary of the Closing (the "Second Payment") |
$100,000 | 25,000,000 | 7.5 kilometres | 10% |
| Within 10 business days following the third anniversary of the Closing (the "Third Payment") | $100,000 | 25,000,000 | 10 kilometres | 10% |
| TOTAL | $500,000 | 175,000,000 | 10 kilometres | 80% |
| 現金（aud） | 交易股份 | 要完成的鑽探總公里數 | 所賺得的利息 | |
| 在收盤前或之前 | $200,000 | 100,000,000 | 無 | 49% |
| 收盤後首個週年內的10個工作日內（“第一筆支付") | $100,000 | 25,000,000 | 5公里 | 11% |
| 收盤後第二個週年的10個工作日內 （“Acquiror”）宣佈其以每個單位0.21美元的價格收購了4,761,905個發行人的單位（“Units”），總認購價格爲1,000,000.01美元。每個單位包括一股公司股本中的普通股（一個“Common Shares”）和半個普通股購股權證（每個完整的權證即爲“Warrant”），每個權證都使持有者有權以每股0.25美元的價格購買一股普通股，直到2026年5月30日。第二筆支付") |
$100,000 | 25,000,000 | 7.5公里 | 10% |
| 收盤後第三個週年的10個工作日內（“第三筆支付") | $100,000 | 25,000,000 | 10公里 | 10% |
| TOTAL | 500,000美元 | 1.75億 | 10公里 | 80% |
Subject to Closing and Firetail acquiring at least a 49% interest in the York Harbour Project, Firetail will grant the York Harbour NSR to the Company. During the period which the Option remains in effect, Firetail will be responsible for maintaining the York Harbour Project in good standing by the doing and filing of all necessary work and making all payments which may be necessary to keep the York Harbour Project in good standing.
在完成Closing和Firetail收購York Harbour項目至少49%的股權後，Firetail將授予公司York Harbour NSR。在期權有效期內，Firetail將負責通過進行和提交所有必要工作並進行所有必要的付款來維持York Harbour項目的良好地位。
Joint Venture Agreement
合資協議
Upon Firetail exercising the Option in full, or the Option Agreement being terminated after the exercise of a minimum 49% interest in the York Harbour Project, a joint venture between the Company and Firetail will be formed, provided that if Firetail acquires an 80% interest in the York Harbour Project, then York Harbour will get a free carried interest until Firetail produces and delivers a pre-feasibility study on the York Harbour Project. If Firetail acquires less than an 80% interest, then the parties will pay their pro-rata share of expenditures going forward, provided that York Harbour's interest cannot be reduced to less than 20% if York Harbour elects not to contribute to any expenditures going forward. If York Harbour's interest is reduced to 20%, then York Harbour will get a free carried interest until Firetail has completed the Second Payment and/or the Third Payment, as applicable, and completed the pre-feasibility study. Unless Firetail earns a 60% interest in the York Harbour Project, York Harbour will be the initial operator of the York Harbour Project. The initial operator will remain as the initial operator until it resigns, is removed or until its interest falls below 50%.
在Firetail完全行使期權或在行使至少York Harbour項目49%的股權後終止期權協議的情況下，將形成公司和Firetail之間的合資企業。但如果Firetail獲得了York Harbour項目的80%的權益，則York Harbour將獲得自由無負擔權益，直到Firetail在York Harbour項目上完成了可行性研究。如果Firetail獲得的權益少於80%，則雙方將按比例分攤支出，但如果York Harbour不願意爲支出做出貢獻，則其持股不會低於20%。如果York Harbour的權益被降至20%，那麼在Firetail完成第二次支付和/或第三次支付時，York Harbour將獲得自由無負擔權益直到完成可行性研究。 除非Firetail獲得了York Harbour項目的60%的股權，否則York Harbour將是York Harbour項目的最初運營商。最初的運營商將保持最初的運營商，直到它辭職，被罷免或其權益低於50%爲止。
Finder's Fee
中介費
In connection with services rendered for the Option Agreement, a finder's fee (the "Finder's Fee") equal to the sum of 10% on the first $300,000 of the aggregate value of the Transaction (the "Transaction Value"), 7.5% on the next $700,000 of the Transaction Value, and 5% for all amounts exceeding the first $1,000,000 of the Transaction Value will be paid by the Company to Kluane Capital FZCO, an arm's length party, with the amount of the Transaction Value to be mutually determined by the Company and Firetail. The Finder's Fee will be payable in common shares (each, a "Share") in the capital of the Company and remains subject to acceptance by the TSX-V. The Company anticipates that that the first installment of the Finder's Fee will be paid at Closing, with the remaining Finder's Fee payable if and when the First Payment, Second Payment, and Third Payment are completed, respectively.
與期權協議相關的中介費用（“中介費”），相當於交易總價值的前300,000美元的10％，交易價值的接下來的700,000美元的7.5％，以及超過交易價值前1,000,000美元的所有金額的5％，將由公司支付給Kluane Capital FZCO，這是一個獨立委託方，Transaction Value的金額將由公司和Firetail相互確定。中介費用將以公司的普通股（每股一股）支付，並且仍然需要接受tsxv的批准。公司預計中介費的第一筆分期付款將在Closing時支付，如果完成了第一付款，第二付款和第三付款，則支付餘下的中介費金額。交易價值根據爲期權協議提供的服務，公司將向獨立委託方Kluane Capital FZCO支付查找費（“分享股票
About York Harbour Metals
關於York Harbour Metals
York Harbour Metals Inc. (TSXV: YORK) (OTCQB: YORKF) (FSE: 5DE0) is an exploration and development company focused on two high-grade projects in Newfoundland. The York Harbour Copper-Zinc-Silver Project is located approximately 27 km from Corner Brook. The Company intends to continue drilling the 11 known mineralized zones and explore new massive sulphide targets.
York Harbour Metals Inc. (tsxv：YORK)（OTCQB：YORKF）（FSE：5DE0）是一家專注於紐芬蘭島上兩個高品位項目的勘探和開發公司。York Harbour銅-鋅-銀項目位於科納布魯克（Corner Brook）約27公里處。公司計劃繼續鑽探11個已知的礦化區，並探索新的大硫化物靶區。
The Bottom Brook Rare Earth Elements Project, covering 15,150 hectares, is located next to the Trans Canada Highway and just 27 km from the deep-water port at Turf Point.
Bottom Brook稀土元素項目佔地15,150公頃，位於加拿大國道旁邊，距離Turf Point深水港口僅27公里。
For further details on York Harbour Metals, please contact via email at info@yorkharbourmetals.com or +1-604-346-7613. Visit the Company's website at for past news releases, media interviews, and opinion-editorial pieces by management.
有關York Harbour Metals的更多詳細信息，請通過電子郵件info@yorkharbourmetals.com或+1-604-346-7613聯繫。訪問公司網站以獲取過去的新聞發佈，媒體採訪以及管理層的觀點和編輯文章。
About Firetail Resources
Firetail Resources簡介
Firetail Resources (ASX: FTL) is a battery minerals company with an exciting project portfolio with exposure to multiple battery mineral commodities. Firetail has commenced drilling in Peru, where Firetail's tenure includes mining concessions comprising the Picha Copper Silver Project and Charaque Copper Project. Picha is an exciting copper-silver project with multiple drill-ready targets being tested in the current drill program; and Charaque hosts a farm-in deal completed with leading global mining company, Barrick Gold Corporation.
Firetail Resources （ASX：FTL）是一家電池礦物公司，擁有多個電池礦物商品的投資組合。Firetail已經開始在秘魯進行鑽探，其所有權包括Picha Copper Silver Project和Charaque Copper Project的採礦權。Picha是一個令人興奮的銅-銀項目，其中有多個現鑽鑽探靶區正在接受當前鑽井計劃的測試；而Charaque項目則與全球領先的礦業公司Barrick Gold Corporation達成了最終協議。
Firetail also holds well-located Western Australian and Queensland projects, which range from early exploration stage at the Paterson and Yalgoo-Dalgaranga Projects through to advanced exploration-early resource stage at the Mt Slopeaway Project.
Firetail還擁有位於西澳大利亞和昆士蘭的優越地段的項目，這些項目從Paterson和Yalgoo-Dalgaranga項目的早期勘探階段到Mt Slopeaway項目的高級勘探-早期資源階段的範圍不等。
On Behalf of the Board of Directors,
代表董事會
"Blair Naughty"
CEO and President
"布萊恩·納帝"
首席執行官和總裁
Email: info@yorkharbourmetals.com
Phone: 778-302-2257
Website:
電子郵件：info@yorkharbourmetals.com
電話：778-302-2257
網站：
Forward-Looking Statements:
前瞻性聲明：
This news release contains forward-looking statements. All statements, other than statements of historical fact that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements in this news release include statements regarding receipt of regulatory and, if applicable, approval from the TSXV and ASX of the Transaction; the Company and Firetail completing the Transaction as contemplated by the Option Agreement; the Company and Firetail forming a joint venture following the exercise of the Option; and Firetail maintaining the York Harbour Project in good standing during the Option Period. The forward-looking statements reflect management's current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking statements including adverse market conditions and other factors beyond the control of the parties. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, undue reliance should not be put on such statements due to their inherent uncertainty. Factors that could cause actual results or events to differ materially from current expectations include general market conditions and other factors beyond the control of the Company. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.
本新聞稿包含前瞻性聲明。除歷史事實陳述外，所有涉及公司認爲、預計或預計將來可能發生的活動、事件或發展的聲明均屬前瞻性聲明。本新聞稿中的前瞻性聲明包括有關公司從TSXV和ASX獲得監管批准（如適用）的聲明;公司和Firetail按照期權協議規定完成交易;公司和Firetail行使期權後組建合資企業;在期權期間，Firetail保持York Harbour項目良好狀態的聲明。這些前瞻性聲明反映了管理層基於當前可用信息的當前預期，並且受到許多風險和不確定性因素的影響，這些因素可能導致結果與前瞻性聲明中討論的結果不同，包括不利的市場狀況和超出當事方控制的其他因素。儘管公司認爲前瞻性聲明中所含的假設是合理的，但前瞻性聲明並不是未來績效的保證，因此，由於它們的固有不確定性，不應過度依賴此類聲明。導致實際結果或事件與當前預期不符的因素包括公司無法控制的一般市場狀況和其他因素。公司明確聲明不打算或不承擔任何更新或修訂前瞻性聲明的意向或義務，除非適用法律要求。
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.
tsxv的監管服務提供商（在其政策中定義該術語）對本公告的充分性或準確性不承擔責任。
譯文內容由第三人軟體翻譯。