Private Placement of Common and Flow Through Units
Private Placement of Common and Flow Through Units
Ottawa, Ontario--(Newsfile Corp. - July 22, 2022) - Mayo Lake Minerals Inc. (CSE: MLKM) ("Mayo" or the "Company") is pleased to announce a Private Placement ('Offering') totalling up to $200,000 in gross proceeds to be completed on or about August 18, 2022 ('the Closing Date') consisting of flow through units @ $0.15 per unit and common share units @ $0.12 per unit. The full details of the Offering are set forth in the attached Term sheet ('Schedule A').
渥太華，安大略省-(Newsfile Corp.-2022年7月22日)-Mayo Lake Minerals Inc.(CSE：百萬公里) ("蛋黃醬"或者是“公司)欣然宣佈將於2022年8月18日左右(‘截止日期’)完成一項總值高達200,000元的私募(‘發售’)，當中包括流轉單位@每單位0.15元及普通股單位@每單位0.12元。發售的全部詳情載於隨附的條款説明書(“附表A”)。
Dr, Vern Rampton, President & CEO of the Company, said, "As announced in our press release of July 15, 2022 we continue to make excellent progress on our exploration at our Carlin-Roop Silver Project in the Keno Hill Silver District and see an opportunity to add to our portfolio through further exploration at our primary Anderson Davidson gold property and highly prospective Trail Minto property which lies in proximity to Banyan Gold's Aur-Mac property in the Tombstone Plutonic Belt."
公司首席執行官兼總裁弗恩·蘭普頓博士表示，正如我們在2022年7月15日的新聞稿中宣佈的那樣，我們在基諾山銀區的卡林-魯普白銀項目的勘探繼續取得出色的進展，並看到了通過進一步勘探我們的主要安德森·戴維森金礦和極具前景的Trail Minto礦產的機會來增加我們的投資組合，該礦產位於墓碑深水地帶Banyan Gold的Aur-Mac地產附近。“
In other corporate news, the Company announced the award of a total of 3,990,000 incentive options exercisable @ $0.15 each to corporate officers, directors, contractors and advisors. The options are valid for 5 years, vest in three equal annual tranches beginning on Aug 1, 2022 and are subject to the approval of all regulatory authorities. The Company had no options outstanding prior to the approval of the current options by the board of directors.
在其他企業新聞方面，該公司宣佈向公司高管、董事、承包商和顧問授予總計3990,000份獎勵期權，每個期權可行使0.15美元。這些期權的有效期為5年，從2022年8月1日開始分成三個等額的年度部分，並有待所有監管機構的批准。在董事會批准當前購股權之前，本公司並無尚未行使的購股權。
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NOT FOR DISTRIBUTION IN THE UNITED STATES
不在美國發行
For additional information contact:
Vern Rampton, President & CEO; vrampton@mayolakeminerals.com
Tyrell Sutherland, M.Sc., P. Geo., VP Exploration; tsutherland@mayolakeminerals.com
Darrell Munro, BB.A, LL.B Corporate Administrator; dmunro@mayolakeminerals.com
如需更多信息，請聯繫：
總裁首席執行官弗恩·蘭普頓；電子郵件：vrampton@mayolakemineals.com
Tyrell Sutherland，M.Sc.，P.Geo，勘探副總裁；tsutherland@mayolakemineals.com
達雷爾·芒羅，BB.A，LL.B公司管理員；dmunro@mayolakemineals.com
About Mayo Lake Minerals Inc. Mayo is actively engaged in the exploration and development of five precious metal projects in the Tombstone Plutonic Belt of the Tintina Gold Province. The properties cover 232 square kilometres in the Yukon's Mayo Mining District and lie within the traditional territory of the Na-Cho Nyäk Dun First Nation. The Company is presently focusing on its flagship Carlin-Roop silver project lying within the Keno Hill Silver District. The eastern sector of the Silver District has recently been the site of numerous silver discoveries by Metallic Minerals and the Mayo. Two active mines; Victoria Gold's Eagle Gold Mine and Alexco Resources' Keno Silver mines also lie near-by Mayo's properties in the Mayo Mining district.
關於梅奧湖礦業公司梅奧積極參與廷提納金礦省墓碑深成帶五個貴金屬項目的勘探開發。這些地產位於育空地區的梅奧礦區，佔地232平方公里，位於納喬尼頓第一民族的傳統領地內。該公司目前專注於其位於基諾山銀區的旗艦項目Carlin-Roop白銀項目。銀區的東區最近是金屬礦產公司和梅奧公司發現大量銀礦的地方。維多利亞黃金的Eagle金礦和Alexo Resources的Keno銀礦這兩個活躍的礦山也位於Mayo礦區的Mayo礦區附近。
Cautionary statement: This news release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. There can be no guarantee that Mayo Lake will be able to obtain a public listing as scheduled in this document. Mayo Lake undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.
警示性聲明：本新聞稿包含一些前瞻性陳述，這些陳述基於管理層在陳述發表之日的意見和估計，受各種風險、不確定因素和其他因素的影響，這些因素可能會導致實際事件或結果與預期的大不相同。不能保證梅奧湖能夠如期在本文件中公開上市。如果情況或管理層的估計或意見發生變化，梅奧湖不承擔更新前瞻性陳述的義務。告誡讀者不要過度依賴前瞻性陳述。.
Schedule 'A'
附表‘A’
TERM SHEET
條款説明書
COMMON SHARE AND FLOW THROUGH SHARE UNITS
普通股和流經股份單位
| Offering | Any combination of Common Share Units and Flow Through Share Units up to $200,000. |
| Closing Date: | On or about August 18, 2022 or such other date determined by the Corporation. |
|
Resale Restrictions: |
The securities issued pursuant to the Offering will be subject to a statutory hold period in Canada of four (4) months and one day after the Closing Date. Purchasers should consult their legal advisors in this regard. Securities held by residents in the United States will bear a legend regarding re-sale into the United States, which will be removed on request to the Corporation. |
| Unit Offering | The Company shall offer Units (the "CS Units") at a price of $0.12 per Unit (the "CS Unit Offering"). Each CS Unit will be comprised of one common share (a "Common Share") and one-half Common Share purchase warrant ("CS Warrant"). Each whole CS Warrant is exercisable into one Common Share at a price of $0.18 per Common Share for a period of 36 months from the closing date. In the event of multiple closings, the day of the final closing will be the Closing Date of record. |
| Flow Through Offering | The Company shall offer Flow-Through Units (the "FT Units") at a price of $0.15 per FT Unit (the "FT Unit Offering"). Each FT Unit will be comprised of one flow-through share in the capital of the Company (a "FT Share") and one-half purchase warrant (a "Warrant"). Each whole Warrant is exercisable into one Common Share at a price of $0.20 for a period of 36 months from the closing date. Each FT Share will be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) (the "Tax Act"). |
| Finders Fees | Finders that source investment in the Offerings may earn a cash commission of up to 7% of the gross proceeds raised by such Finder and warrants ("Finder Warrants") valid for three years entitling the Finder to purchase that number of Common Shares at $0.12 per share equal to 7% of the number of Units sold by such Finder. |
| Use of Proceeds: | The net proceeds received by the Corporation from the sale will be applied as follows:
|
| Offering Jurisdictions: | The Common Shares will be offered for sale to purchasers in: (i) all of the provinces and territories of Canada pursuant to available prospectus exemptions; (ii) the United States on a private placement basis only under Regulation D, Rule 144A or other available U.S. registration exemptions and (iii) jurisdictions outside of Canada and the United States, in accordance with all applicable laws provided that no prospectus, registration statement or similar document is required to be filed in such jurisdiction and the Corporation does not thereafter become subject to continuous disclosure obligations in such jurisdictions. |
| 供奉 | 普通股單位和流經股票單位的任何組合，最高可達200,000美元。 |
| 截止日期： | 在2022年8月18日或大約2022年8月18日或由地鐵公司決定的其他日期。 |
|
轉售 限制： |
根據此次發行發行的證券在加拿大的法定持有期為四(4)個月和截止日期後一天。購買者應就此諮詢他們的法律顧問。美國居民持有的證券將帶有轉售到美國的傳奇，如果公司提出要求，將被移除。 |
| 提供單位產品 | 公司應向客户提供單位(以下簡稱CS單位)，每單位售價0.12元。提供單位產品“)。每個CS單位將由一個公共共享組成(a”普通股“)和一半普通股認購權證(”CS授權書“)。每份整體CS認股權證可按每股普通股0.18美元的價格行使為一股普通股，為期36個月。如有多個交易日，則以最後交易日為記錄的收市日。 |
| 流暢地提供 | 公司應提供直通單元(“FT單位“)，價格為每FT單位0.15美元。FT單位產品“)。每個FT單位將由本公司資本中的一股流轉股份組成(a”FT份額“)和一半的認購權證(a”搜查令每份完整認股權證可按0.20元的價格行使為一股普通股，為期36個月，由截止日期起計。每份FT股份將作為《金融時報》定義的“流通股”發行《所得税法》(加拿大)(“《税法》"). |
| 發現者費用 | 在此次發行中獲得投資的發起人可獲得高達其募集資金總額7%的現金佣金和認股權證(“搜索令“)有效期為三年，使發現者有權以每股0.12美元購買該數量的普通股，相當於發現者出售的單位數量的7%。 |
| 收益的使用： | 該公司出售股份所得款項淨額將按下列方式運用：
|
| 提供司法管轄區： | 普通股將出售給下列地區的購買者：(I)根據可獲得的招股説明書豁免，加拿大所有省和地區；(Ii)僅根據法規D規則第144A條或其他可獲得的美國註冊豁免，以私募方式在美國進行配售；以及(Iii)根據所有適用法律，在加拿大和美國以外的司法管轄區出售普通股，前提是招股説明書、註冊説明書或類似文件不需要在該司法管轄區提交，本公司此後不會在該等司法管轄區承擔持續披露義務。 |
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