BTU Arranges Flow Through Financing
BTU Arranges Flow Through Financing
VANCOUVER, BC / ACCESSWIRE / November 4, 2021 / BTU METALS CORP. ("BTU" or the "Company") (TSXV:BTU) announces it has arranged a non-brokered private placement of 3,500,000 flow-through units (the "FT Units") at a price of $0.09 per FT Unit (the "FT Offering"), for aggregate gross proceeds of $315,000.
不列顛哥倫比亞省温哥華/ACCESSWIRE/2021年11月4日/BTU金屬公司。(“BTU”或“公司”)(多倫多證券交易所股票代碼：BTU)宣佈，已安排以非中介私募方式配售3,500,000個直通單位(“FT單位”)，價格為每FT單位0.09美元(“FT發售”)，總收益為315,000美元。
Each flow-through unit shall be comprised of one common share of the company issued on a flow-through basis and one-half of one common share purchase warrant to be issued on a non-flow-through basis. Each whole warrant shall entitle the holder thereof to acquire one common share of BTU at a price of $0.15 for a period of 18 months following the closing of the offering. The flow-through shares will qualify as flow-through shares (within the meaning of Subsection 66(15) of the Income Tax Act (Canada) and Section 359.1 of the Taxation Act (Quebec).
每個流通單位由一股以流通方式發行的公司普通股和一份以非流通方式發行的普通股認購權證的二分之一組成。每份完整認股權證的持有人有權在發售結束後18個月內以0.15美元的價格收購BTU的一股普通股。直通股將符合直通股的資格(符合加拿大所得税法第66(15)節和魁北克税法359.1節的含義)。
Proceeds raised from the Offering will be used for ongoing work programs at the Dixie Halo Project located in Red Lake, Ontario, contiguous to Great Bear Resources, as the Company continues to drill at its high-grade gold targets at Dixie Creek and its VMS targets at TNT. Finders' fees will be payable on the private placement, subject to the policies of the TSX Venture Exchange.
此次發行所得資金將用於位於安大略省紅湖的Dixie Halo項目的正在進行的工作計劃，該項目毗鄰大熊資源公司，因為該公司繼續在Dixie Creek的高品位黃金目標和TNT的VMS目標進行鑽探。根據多倫多證券交易所創業板(TSX)的政策，私募將支付尋找者費用。
Closing of the offering is subject to approval of the TSX Venture Exchange.
此次發行的結束還有待多倫多證券交易所創業板的批准。
The securities issued under the offering, and any Shares that may be issuable on exercise of any such securities, will be subject to a statutory hold period expiring four months and one day from the date of issuance of such securities.
根據此次發行發行的證券，以及在行使任何該等證券時可能發行的任何股票，將受法定持有期的限制，自該等證券發行之日起計四個月零一天屆滿。
BTU Metals Corp. is a junior, mining exploration company focused on its Dixie Halo project located in Red Lake, Ontario.
BTU Metals Corp.是一家初級礦業勘探公司，專注於位於安大略省紅湖的Dixie Halo項目。
ON BEHALF OF THE BOARD
"Paul Wood"
Paul Wood, CEO, Director
pwood@btumetals.com
我代表董事會"保羅·伍德“保羅·伍德，首席執行官兼董事郵箱：pwood@btometals.com
FOR FURTHER INFORMATION, PLEASE CONTACT:
如需更多信息，請聯繫：
Andreas Curkovic, Investor Relations
+1 416-577-9927
安德烈亞斯·柯科維奇(Andreas Curkovic)，投資者關係部+1 416-577-9927
BTU Metals Corp.
Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770
BTU金屬公司(BTU Metals Corp.)電話：1-604-683-3995免費電話：1-888-945-4770
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.
多倫多證券交易所創業板交易所及其監管服務提供商(該術語在多倫多證券交易所創業板政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
SOURCE: BTU Metals Corp.
資料來源：BTU金屬公司(BTU Metals Corp.)
譯文內容由第三人軟體翻譯。