Bengal Announces Closing of Common Share Non-Brokered Private Placement at $0.08/Common Share
Bengal Announces Closing of Common Share Non-Brokered Private Placement at $0.08/Common Share
Calgary, Alberta--(Newsfile Corp. - March 7, 2022) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to announce the closing of its previously announced non-brokered private placement (the "Private Placement"). Under the Private Placement, Bengal issued an aggregate of 52,317,821 common shares of the Company (the "Common Shares") at a price of C$0.08 per Common Share for aggregate gross proceeds of approximately C$4.2 million.
卡爾加里，艾伯塔省-(Newsfile Corp.-2022年3月7日)-孟加拉能源有限公司(多倫多證券交易所代碼：BNG) ("孟加拉“或”公司“)欣然宣佈結束其先前宣佈的非經紀私募(”私募配售根據是次私募，孟加拉共發行52,317,821股本公司普通股(“普通股“)，每股普通股0.08加元，總收益約420萬加元。
As discussed in Bengal's announcement of March 1, 2022, the net proceeds from the Private Placement, along with Bengal's internally generated cashflow, are expected to be used to fund Bengal's 100% owned and operated development program over 2 distinct blocks in Australia's onshore Cooper/Eromanga Basin, which is scheduled to commence later in March 2022.
正如孟加拉在2022年3月1日的公告中所討論的那樣，私募的淨收益，連同孟加拉內部產生的現金流，預計將用於資助孟加拉在澳大利亞陸上庫珀/伊羅曼加盆地兩個不同區塊的100%擁有和運營的開發項目，該項目定於2022年3月晚些時候開始。
About Bengal
關於孟加拉
Bengal Energy Ltd. is an international junior oil and gas exploration and production company with assets in Australia. The Company is committed to growing shareholder value through international exploration, production and acquisitions. Bengal's common shares trade on the TSX under the symbol "BNG". Additional information is available at .
孟加拉能源有限公司是一家在澳大利亞擁有資產的國際初級油氣勘探和生產公司。該公司致力於通過國際勘探、生產和收購來增加股東價值。孟加拉的普通股在多倫多證交所交易，代碼為“BNG”。欲瞭解更多信息，請訪問。
CAUTIONARY STATEMENTS:
警告性聲明：
Forward-Looking Statements
前瞻性陳述
This news release contains certain forward-looking statements or information ("forward-looking statements") as defined by applicable securities laws that involve substantial known and unknown risks and uncertainties, many of which are beyond Bengal's control. These statements relate to future events or our future performance. All statements other than statements of historical fact may be forward-looking statements. The use of any of the words "plan", "expect", "future", "project", "intend", "believe", "should", "would," "anticipate", "estimate", "new", "develop" or other similar words or statements that certain events "may" or "will" occur are intended to identify forward-looking statements. The projections, estimates and beliefs contained in such forward-looking statements are based on management's estimates, opinions, and assumptions at the time the statements were made, including assumptions relating to: the anticipated use of proceeds of the Private; the Company's development plans for its 100% owned and operated development program over 2 distinct blocks in Australia's onshore Cooper/Eromanga Basin, including the expected timing thereof. Bengal believes the expectations reflected in the forward-looking statements contained herein are reasonable but, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits Bengal will derive from them. As such, undue reliance should not be placed on forward-looking statements.
本新聞稿包含由適用的證券法定義的某些前瞻性陳述或信息(“前瞻性陳述”)，這些陳述或信息涉及大量已知和未知的風險和不確定性，其中許多風險和不確定性不在孟加拉的控制範圍之內。這些陳述涉及到未來的事件或我們未來的表現。除歷史事實以外的所有陳述都可能是前瞻性陳述。使用“計劃”、“預期”、“未來”、“項目”、“打算”、“相信”、“應該”、“將會”、“預期”、“估計”、“新的”、“開發”或其他類似的詞語或陳述中的任何一個，或某些事件“可能”或“將”發生的其他類似的詞語或陳述，都是為了識別前瞻性陳述。這些前瞻性陳述中包含的預測、估計和信念是基於管理層在作出陳述時的估計、意見和假設，包括與以下方面有關的假設：私人投資收益的預期用途；該公司在澳大利亞陸上庫珀/伊羅曼加盆地兩個不同區塊100%擁有和運營的開發項目的發展計劃，包括預期的時間。孟加拉認為，本文中包含的前瞻性陳述中反映的預期是合理的，但不能保證前瞻性陳述中預期的任何事件都會發生或發生，或者如果這些事件中有任何事件發生，孟加拉將從中獲得什麼好處。因此，不應過分依賴前瞻性陳述。
The forward-looking statements contained herein are subject to numerous known and unknown risks and uncertainties that may cause Bengal's actual performance or achievement in future periods to differ materially from those expressed in, or implied by, these forward-looking statements, including but not limited to, risks associated with: general economic, market or business conditions, particularly in North America and Australia; and the impact of the COVID-19 pandemic and the ability of the Company to carry on its operations as currently contemplated in light of the COVID-19 pandemic. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. The Company cautions that the foregoing list of assumptions, risks and uncertainties is not exhaustive. Additional information on these and other factors that could affect the Company are included in reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (). The forward-looking statements contained in this news release speak only as of the date hereof and Bengal does not assume any obligation to publicly update or revise them to reflect new events or circumstances, except as may be require pursuant to applicable securities laws.
本文包含的前瞻性陳述會受到許多已知和未知的風險和不確定性的影響，這些風險和不確定因素可能會導致孟加拉在未來的實際表現或成就與這些前瞻性陳述中表述或暗示的結果大不相同，包括但不限於與以下風險有關的風險：總體經濟、市場或商業狀況，特別是在北美和澳大利亞；新冠肺炎疫情的影響，以及公司在新冠肺炎疫情的背景下繼續目前預期的業務的能力。因此，實際和未來的事件、條件和結果可能與前瞻性信息中明示或暗示的估計、信念、意圖和預期大不相同。該公司告誡説，前面列出的假設、風險和不確定因素並不是詳盡的。有關這些和其他可能影響公司的因素的更多信息包括在提交給加拿大證券監管機構的報告中，並可通過SEDAR網站()獲取。本新聞稿中包含的前瞻性陳述僅代表截至本新聞稿發佈之日的情況，孟加拉不承擔任何公開更新或修改這些陳述以反映新事件或新情況的義務，除非根據適用的證券法可能需要這樣做。
FOR FURTHER INFORMATION PLEASE CONTACT:
如需更多信息，請聯繫：
Bengal Energy Ltd.
Chayan Chakrabarty, President & Chief Executive Officer
(403) 205-2526
Jerrad Blanchard, Chief Financial Officer
(403) 781-7021
Email: investor.relations@bengalenergy.ca
Website:
孟加拉能源有限公司
Chayan Chakrabarty，總裁兼首席執行官
(403) 205-2526
首席財務官傑拉德·布蘭查德(Jerrad Blanchard)
(403) 781-7021
電子郵件：郵箱：Investor.relationship@bengalenergy.ca
網站：
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