Sulliden Mining Capital Closes Damara Project Assignment
Sulliden Mining Capital Closes Damara Project Assignment
Sulliden is a mining company focused on acquiring and advancing brownfield, development-stage and early production-stage mining projects in the Americas, Australia, and Africa.TORONTO, July 17, 2024 (GLOBE NEWSWIRE) -- Sulliden Mining Capital Inc. ("Sulliden" or the "Company") (TSX: SMC) announces today that it has closed an assignment (the "Assignment") of its rights and obligations set out in a share purchase and subscription agreement dated July 9, 2023, as amended (the "Agreement"), to Great Quest Fertilizer Limited (TSXV: GQ) ("Great Quest"). Under the Agreement, Sulliden had the right to acquire up to a 70% equity interest in a private Namibian company, which holds, either directly or through option agreements, 14 exclusive prospecting licenses representing 307,778 hectares of exploration licenses in Namibia (collectively, the "Damara Project"). For more information about the Assignment, Agreement, and Damara Project, please see the Company's press releases dated December 22, 2023 and July 10, 2023, which are available under Sulliden's SEDAR+ profile at .
礦業公司Sulliden Mining Capital Inc.（“Sulliden”或“公司”）（TSX：SMC）於2024年7月17日宣佈已完成權益和義務的轉讓（“轉讓”），根據於2023年7月9日簽署的股票購買和認購協議，經過修改（“協議”）授權給了Great Quest Fertilizer Limited（TSXV：GQ）（“Great Quest”）。 根據該協議，Sulliden有權在納米比亞的一個私人公司中獲得最多70％的股權，該公司直接或通過期權協議擁有14個獨家勘探許可證，代表在納米比亞的307,778公頃的勘探許可證（統稱爲“ Damara項目”）。 有關轉讓，協議和Damara項目的更多信息，請參見公司於2023年12月22日和2023年7月10日發佈的新聞稿，在Sulliden的SEDAR +檔案下可供查詢。
As consideration for the Assignment pursuant to the assignment and assumption agreement dated December 22, 2023, as amended, Great Quest has (i) issued 5 million Great Quest common shares to Sulliden, (ii) agreed to pay Sulliden US$100,000 in cash, with US$50,000 payable within 90 and 180 days of closing the Assignment, and (iii) agreed to reimburse Sulliden for fees and expenses incurred related to the Agreement of C$115,824.59 within 90 days of closing the Assignment. The Great Quest common shares issued to Sulliden are subject to a four-month statutory hold period.
作爲根據2023年12月22日簽署的轉讓和假定協議的轉讓的對價，Great Quest已（i）向Sulliden發行了500萬股Great Quest普通股，（ii）同意支付給Sulliden100,000美元的現金，其中5萬美元可在完成轉讓後的90和180天內支付，（iii）同意在完成轉讓後90天內償還Sulliden因協議而發生的費用和費用，金額爲115,824.59加元。 發行給Sulliden的Great Quest普通股受到爲期四個月的法定持有期限約束。
About Sulliden
關於Sulliden
Sulliden is a mining company focused on acquiring and advancing brownfield, development-stage and early production-stage mining projects in the Americas, Australia, and Africa.
Sulliden是一家礦業公司，專注於收購和推進美洲，澳洲和非洲的棕色場地，發展階段和早期生產階段的礦業項目。
Sulliden Mining Capital Inc.
On behalf of the Board
"Scott Moore", Chief Executive Officer
info@sulliden.com
(416) 861-2267
Sulliden礦業資本股份有限公司。
董事會代表
"Scott Moore"，首席執行官
info@sulliden.com
（416）861-2267
THE TSX HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OF THIS NEWS RELEASE.
TSX未經審查，不對此新聞發佈的準確性負責。
譯文內容由第三人軟體翻譯。
