Argyle Resources Corp. Announces Closing of Private Placement Offerings
Argyle Resources Corp. Announces Closing of Private Placement Offerings
Vancouver, British Columbia--(Newsfile Corp. - June 18, 2024) - Argyle Resources Corp. (CSE: ARGL) (the "Company") is pleased to announce that it has completed a non-brokered private placement offering (the "Non-FT Private Placement") of 3,559,000 units of the Company ("Units") at a price of $0.35 per Unit, for aggregate gross proceeds of $1,245,650. Each Unit consists of one common share of the Company ("Share") and one Share purchase warrant ("Warrant"), with each Warrant entitling the holder to purchase one Share at an exercise price of $0.45 for a period of 24 months from the date of issuance. The proceeds of the Non-FT Private Placement are intended to be used to fund a $100,000 cash payment under the Company's mineral property option agreement with Charlevoix Silica Inc., and for general working capital purposes.
溫哥華，不列顛哥倫比亞省——（新聞稿-2024年6月18日）-Argyle資源corp。 （CSE：ARGL）（以下簡稱"Appia"）很高興地宣佈，他們的2024年夏季鈾勘探季節已經開始。公司非經紀人私募股權融資（"Non-FT私募"）已完成，公司發行了355萬9千股（"股份"）單價爲每股$0.35，全體募集資金共1245650美元。每股包括一股公司普通股（"共同股份"）和一張認股權證（"權證"），每張權證可在發行後24個月內按0.45美元的行使價格購買一股共同股份。所得資金用於支付公司與Charlevoix Silica Inc.的礦產物業選擇協議中的10萬美元現金，以及一般經營資金。非FT私募（"非FT私募"）已完成，公司發行了355.9萬股（"股份"）。每股的價格爲0.35美元，粗略收益合計爲$1245650。單位每股包括一股公司普通股（"共同股份"）和一張認股權證（"權證"），每張權證可在發行後24個月內按0.45美元的行使價格購買一股共同股份。分享權證
The Company is also pleased to announce that it has completed a non-brokered private placement offering (the "FT Private Placement," and together with the Non-FT Private Placement, the "Private Placement Offerings") of 2,225,000 flow-through units of the Company ("FT Units") at a price of $0.40 per FT Unit, for aggregate gross proceeds of $890,000. Each FT Unit consists of one Share ("FT Share") and one (non-flow-through) Share purchase warrant ("FT Warrant"), with each FT Warrant entitling the holder to purchase a (non-flow-through) Share at an exercise price of $0.50 for a period of 24 months from the date of issuance.
公司還很高興地宣佈，定向增發籌資（"FT私募"）也已完成，共發行222.5萬股。每股價格爲0.4美元，共募集資金890,000美元。FT私募（與非FT私募一起組成定向增發）定向增發公司發行了222.5萬流通單位（"FT單位"），每單位價格爲0.40美元，全體募集資金達890,000美元。FT Units每個FT單位包括一份共同股份（"共同股份"）和一份非流動性購股權證（"非FT認股證"）（每份非FT購股權證均可在發行後24個月內按照0.50美元的價格行使，以購買一份非流通性共同股份。）FT Share慈善FT認購權
The FT Shares are intended to qualify as "flow through shares" within the meaning of the Income Tax Act (Canada) (the "Tax Act"). The proceeds from the sale of the FT Shares will be used to incur "Canadian exploration expenses" that are intended to qualify as "flow-through mining expenditures" as those terms are defined in the Tax Act.
《稅法》中“流投股份”的定義。通過出售流通股份所得款項將用於支出“加拿大勘探費用”，以符合2024年5月16日募集說明書所披露的增強操作計劃的所需資金。2024年5月28日，北至超級礦業資源有限公司("Northern Superior") (tsx-v: superior)(otcqx: nsupf)很高興地宣佈已通過發行(i)在稅法(如下所定義)第66(15)小節和魁北克省稅法(如下所定義)第359.1條中被定義爲"過渡股票"的數量爲5050600的普通股(下稱"過渡股票")價格爲0.99美元每股，募集資金總額爲5000094美元；和(ii)其中數量爲5454600的普通股稱爲"HD股票"價格爲每股0.55美元，募資3000030美元，募資總額共計8000124美元(下稱"發行")的方式，完成了之前宣佈的買入交易融資(詳見2024年5月9日和5月10日的新聞稿)。所得稅法（加拿大）（以下稱"稅法"）第66（15）款的意義內的"流通過渡股票"稅法通過出售流通股份所得款項將用於支出“加拿大勘探費用”，以符合《稅法》中“流投採礦支出”的定義。
Following the closing of the Private Placement Offerings and as an update to the disclosure contained in its prospectus dated May 16, 2024, the Company estimates that it will require the following funds to conduct its enhanced plan of operations over the next 12 months:
定向增髮結束後，本公司估計在未來的12個月內進行增強型的運營計劃，將需要以下的資金：
| Use |
Amount |
| To pay the estimated cost of the recommended Phase 1 exploration program and budget on the Frenchvale Graphite property | $250,000 |
| To pay the remaining cash consideration in accordance with the Charlevoix Silica Acquisition Agreement(1) | 100,000 |
| For phase 1 mineral exploration work in respect of the Charlevoix Silica property | $250,000 |
| Prospectus and Listing costs | $80,000 |
| Operating expenses for 12 months | $550,000 (2) |
| Investor relations | $150,000 |
| Unallocated working capital | $1,104,010 |
| 用途 |
金額 |
| 支付法國維爾石墨物業推薦的第一階段勘探計劃和預算的估算成本 | $250,000 |
| 按照查爾沃矽貿易收購協議支付剩餘現金對價(1) | 100,000 |
| 執行查爾沃矽礦物物業的第一階段礦物勘探任務 | $250,000 |
| 公開發售申請和上市費用 | $80,000 |
| 營業費用，爲期12個月 | $550,000 (2) |
| 投資者關係 | $150,000 |
| 未分配營運資金 | $1,104,010 |
Notes:
注：
(1) Pursuant to the agreement with Charlevoix Silica Inc. entered into on April 15, 2024, an initial cash payment of $50,000 was previously made to Charlevoix Silica Inc.
(2) The estimated operating expenses for the next 12 months in the total amount of $550,000 include: accounting and audit fees of approximately $105,000, consulting fees of approximately $115,000, director fees of approximately $12,000, filing fees of approximately $15,000, OTC registration fee of $40,000 legal and corporate services fees of $171,000, and salaries and wages of approximately $20,000.
(1) 根據於2024年4月15日與查爾沃矽貿易有限公司簽署的協議，已經向查爾沃矽貿易有限公司進行了金額爲$50,000的首筆現金支付
(2) 預計爲期12個月的營業費用總額爲$550,000，包括：會計和審計費用約爲$105,000，諮詢費用約爲$115,000，袍金用約爲$12,000，申報費用約爲$15,000，場外交易登記費爲$40,000，法律和公司服務費用爲$171,000，工資和薪水約爲$20,000，所有基金類型的現金支出)
The Company notes that it may, for sound business reasons, re-allocate its intended expenditure of funds and / or plan of operations.
公司注意到基金的預算支出及/或運營計劃可以根據良好的業務原因重新分配。
The Company also notes that it has elected not to make the next option payment, in the amount of $18,000, under its option agreement with Gravel Ridge Resources Ltd. and 1544230 Ontario Inc., and that it will not be pursuing the option thereunder.
公司還注意到，根據其與Gravel Ridge Resources Ltd. and 1544230 Ontario Inc.的期權協議，它選擇不支付下一期的期權費，即$18,000，並且不會追求該期權下的期權。
All securities issued under the Private Placement Offerings are subject to a statutory hold period of four months and one day.
定向增發所發行的所有證券均受到四個月零一天的法定限售期限制。
The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, or under any U.S. state securities laws, and may not be offered or sold in the United States absent registration or available exemptions from such registration requirements. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States, or in any jurisdiction in which such offer, solicitation or sale would be unlawful.
本文所述證券未能按照1933年修正版的美國證券法或任何美國州證券法註冊，也不得在未註冊或符合豁免規定的情況下在美國境內或任何禁止該等投資的司法管轄區出售或提供。本新聞稿不構成在美國或任何該等投資被視爲非法的司法管轄區出售或邀請購買證券的要約。
ON BEHALF OF THE BOARD OF DIRECTORS
董事會代表
"Jeffrey J. Stevens"
“Jeffrey J. Stevens”
CEO and Director
647-400-8494
Jeff@argyleresourcescorp.com
首席執行官和董事
647-400-8494
Jeff@argyleresourcescorp.com
Forward-Looking Statements
前瞻性聲明
This news release contains forward-looking statements and other statements that are not historical facts. Forward-Looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this news release are forward-looking statements that involve risks and uncertainties. Such statements in this news release include, but are not limited to, the statements with respect to the intended use of proceeds of the Private Placement Offerings, intended use of funds to conduct operations over the next 12 months, conducting future exploration and potential acquisitions and financing transactions. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company.
本新聞稿包含前瞻性聲明和其他並非歷史事實的聲明。前瞻性聲明經常被識別爲“將會”、“可能”、“應該”、“預期”和類似的表達方式。本新聞稿中除歷史事實聲明外的所有聲明均爲前瞻性聲明，涉及風險和不確定性。本新聞稿中的聲明包括但不限於與定向增發所得款項的預期使用、資金用於未來勘探和潛在收購和融資交易、計劃資金運營的關鍵因素的陳述。該等聲明無法確保準確性，實際結果和未來事件可能與此類聲明所預期的有所不同。由於衆多已知和未知的風險、不確定性和其他因素，事件或情況可能導致實際結果與所預測結果有所不同，其中許多因素超出公司的控制範圍。
Important factors that could cause actual results to vary from forward-looking statements or may affect the operations, performance, development and results of the Company's business include, among other things that mineral exploration is inherently uncertain and may be unsuccessful in achieving the desired results; that mineral exploration plans may change and be re-defined based on a number of factors, many of which are outside of the Company's control; the Company's ability to access sources of debt and equity capital; competitive factors, pricing pressures and supply and demand in the Company's industry. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-Looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.
影響公司業務運營，表現，發展和結果或可能導致實際結果與前瞻性陳述存在差異的重要因素包括但不限於：礦產勘探本質上具有不確定性，可能無法實現預期的結果。礦產勘探計劃可能會因多種因素而發生變化和重新定義，其中許多因素超出了公司的控制範圍；公司獲得債務和股權資本的能力；行業內的競爭因素，價格壓力和供需情況。管理層在準備時認爲的這些信息可能被證明是不正確的，實際結果可能與預期有所不同。本新聞稿中的前瞻性陳述受到此警示性聲明的明確限制。本新聞稿中的前瞻性陳述是在本新聞稿的發佈日期做出的，公司將根據適用法律明確要求更新或修訂其中任何前瞻性陳述。
The Canadian Securities Exchange (CSE) has not reviewed, approved, or disapproved the contents of this press release.
加拿大證券交易所（CSE）沒有審查、批准或駁回本新聞稿的內容。
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
不得將本發行稿傳播到美國新聞發佈服務或在美國傳播。
譯文內容由第三人軟體翻譯。