Mink Ventures Signs Definitive Agreement to Acquire an 80% Interest in the Montcalm Ni-Cu-Co Project
Mink Ventures Signs Definitive Agreement to Acquire an 80% Interest in the Montcalm Ni-Cu-Co Project
Toronto, Ontario--(Newsfile Corp. - August 11, 2022) - Mink Ventures Corporation (TSXV: MINK.P) ("Mink" or the "Company") is pleased to announce that, further to its news release of June 27, 2022, it has entered into a definitive option and joint venture agreement dated August 10, 2022 (the "Definitive Agreement") with Voltage Metals Corp. (CSE: VOLT) ("Voltage"). Pursuant to the Definitive Agreement, Mink has been granted an option to acquire (the "Transaction") an 80% interest in the Montcalm Ni-Cu-Co project (the "Montcalm Project"). The Montcalm Project covers 38.8 sq. km and is located adjacent to Glencore's past producing Montcalm Mine, which had historical production of approximately 3.9 million tonnes grading 1.25% Ni, 0.67% Cu and 0.051% Co (Ontario Geological Survey, Atkinson, 2011) The Montcalm project is located 60 km northwest of Timmins, Ontario and has excellent access and infrastructure. The Transaction is intended to be Mink's "Qualifying Transaction" for purposes of the TSX Venture Exchange's Capital Pool Company program.
安大略省多倫多-(Newsfile Corp.-2022年8月11日)-Mink Ventures Corporation(多倫多證券交易所股票代碼：MINK.P)(貂皮“或”公司)很高興地宣佈，繼於2022年6月27日發佈新聞稿後，該公司已於2022年8月10日簽訂了最終選擇權和合資協議(最終協議“)與電壓金屬公司(CSE：VOLT)(”電壓)。根據最終協議，Mink已被授予收購(交易記錄“)蒙卡爾姆鎳銅鈷項目80%的權益(The”蒙卡爾姆項目蒙卡姆項目佔地38.8平方公里，毗鄰Glencore過去生產的蒙卡姆礦，該礦的歷史產量約為3,900,000噸，品位為1.25%鎳、0.67%銅和0.051%鈷(安大略省地質調查局，阿特金森，2011年)。蒙卡姆項目位於安大略省蒂明斯西北60公里處，交通便利，基礎設施完善。就多倫多證券交易所風險交易所的資本池公司計劃而言，該交易旨在成為Mink的“合格交易”。
Terms of the Definitive Agreement:
最終協議的條款：
Pursuant to the Definitive Agreement, Mink may acquire an 80% undivided interest in the Montcalm project from Voltage by, among other things, making the following cash payments, share issuances and minimum work expenditures:
根據最終協議，Mink可以通過支付以下現金付款、股票發行和最低工作支出等方式從電壓手中收購MontCalm項目80%的不可分割權益：
Part 1:
第1部分：
- Pay $25,000 to Voltage on or before the date on which the TSX Venture Exchange (the "Exchange") issues its bulletin in respect of the Qualifying Transaction (the "Calculation Start Date");
- Issue 800,000 common shares in the capital of Mink to Voltage on or immediately prior to the Calculation Start Date; and
- Incur a minimum of $300,000 in work expenditures on the Property on or before April 10, 2023.
- 在多倫多證券交易所創業板上市當日或之前向電壓支付25,000美元交易所“)就符合資格的交易發出公告(”計算開始日期");
- 在計算開始日期或緊接計算開始日期之前，向電壓發行800,000股Mink資本中的普通股；以及
- 在2023年4月10日或之前，該物業的工作支出至少為300,000美元。
Part 2:
第2部分：
- Pay $25,000 to Voltage on or before the first anniversary of the Calculation Start Date;
- Issue 800,000 common shares in the capital of Mink to Voltage on or before the first anniversary of the Calculation Start Date; and
- Incur a minimum of $300,000 in work expenditures on the Property on or before April 10, 2024.
- 在計算開始日期一週年或之前向電壓支付25,000美元；
- 在計算開始日期一週年或之前，向電壓發行800,000股Mink資本中的普通股；以及
- 在2024年4月10日或之前，該物業的工作支出至少為300,000美元。
Mink may accelerate and carry forward any of the cash payments, share issuances or work expenditures. Upon full exercise of the option, Mink shall assume responsibility for payment of the aggregate 1.25% net smelter returns royalty to the extent of its relative ownership interest in the Montcalm project.
明克可以加速和結轉任何現金支付、股票發行或工作支出。於全面行使購股權後，Mink將承擔支付總計1.25%冶煉廠淨收益特許權使用費的責任，支付範圍為其在MontCalm項目中的相對所有權權益。
Completion of the Transaction is subject to a number of conditions, including but not limited to, Exchange acceptance.
交易的完成取決於許多條件，包括但不限於交易所接受。
The Qualifying Transaction, if completed, is an Arm's Length Qualifying Transaction. No Shareholder approval is required to complete the Qualifying Transaction.
符合資格的交易，如果完成，就是一筆公平的合格交易。完成符合條件的交易不需要股東批准。
Private Placement:
私募：
Mink proposes to complete a private placement raising not less than $1,000,000 (the "Private Placement") to fund the phase one work program on the Montcalm project and general and administrative operating expenses. The Company intends to issue a further press release announcing the terms of the Private Placement.
敏克建議完成私募集資不少於1,000,000元(“私募“)為蒙卡姆項目的第一階段工作計劃以及一般和行政運營費用提供資金。公司打算髮布另一份新聞稿，宣佈私募配售的條款。
Highlights of the Montcalm Project:
蒙卡姆項目的亮點：
- 38.8 sq. km claim block adjacent to Montcalm Ni-Cu-Co Mine (historical production of approximately 3.9 million tonnes grading 1.25% Ni, 0.67% Cu and 0.051% Co (Ontario Geological Survey, Atkinson, 2011) with mine host geology (Montcalm Gabbro Complex "MGC") extending on to Mink's property.
- Mink's holdings cover ~ 66% of the gabbro zone component of the MGC shown in blue in the accompanying Figure 2. The gabbro zone is the primary host of the Montcalm Mine. Other significant features include the megabreccia zone known to host anomalous nickel and copper mineralization designated Unit 4 in Figure 2.
- There are a number of drill ready targets to be tested.
- Some of the higher priority VTEM targets and ground IP targets that remain to be tested are within or proximal to a prospective target area designated the "Hook Zone" located within the gabbro zone of MGC.
- A large portion of the southern section of the property has not been tested with airborne VTEM, which is capable of detecting deeper conductive zones between 350-400 meters below surface, well beyond the +- 200-meter capability of historical surveys. Known deposits at the adjacent mine were present well below the 200-meter elevation.
- 38.8平方英尺緊鄰蒙卡姆鎳銅鈷礦(歷史產量約3,900,000噸，品位1.25%鎳、0.67%銅及0.051%鈷(安大略省地質調查局，阿特金森，二零一一年)的索賠區塊，礦主地質(蒙卡爾姆-加布羅雜巖)延伸至Mink的物業。
- 明克的持有量佔MGC輝長巖帶成分的約66%，如附圖2中藍色所示。輝長巖帶是蒙卡爾姆礦的主要容礦地。其他重要特徵包括已知的賦存異常鎳和銅礦化的巨型角礫巖帶，圖2中標示為單元4。
- 有許多準備好進行演習的目標需要測試。
- 一些尚待測試的較高優先級的VTEM目標和地面激電目標位於MGC輝長巖區域內指定為“虎克區”的預期目標區內或其附近。
- 該物業南段的很大一部分尚未進行機載VTEM測試，該設備能夠探測到地表以下350-400米之間的更深傳導帶，遠遠超過歷史勘測的+-200米能力。鄰近礦場的已知礦藏遠低於海拔200米。
Future Exploration Plans which are subject to the completion and recommendations of an NI 43-101 report, which is currently underway, include:
根據目前正在進行的NI 43-101報告的完成和建議，未來的勘探計劃包括：
- An airborne VTEM survey and airborne gravity survey in the southern part of the property to complement existing surveys;
- Maxwell Plate analysis of all VTEM data;
- Further ground induced polarization (IP) surveys over priority Hook Target VTEM anomalies and magnetic anomalies;
- Ground prospecting and sampling;
- Secure permits for a diamond drill program
- 在該財產南部進行航空甚高頻電磁測量和航空重力測量，以補充現有的測量；
- 所有極大瞬變電磁數據的麥克斯韋平板分析
- 對優先鈎狀目標的地面激發極化(IP)進行進一步調查；VTM異常和磁異常；
- 地面勘探和採樣；
- 鑽石鑽探項目的安全許可
Mr. Kevin Filo, P.Geo. (Ontario), Corporate Secretary and a director of the Company, is a qualified person within the meaning of National Instrument 43-101. Mr. Filo approved the technical data disclosed in this release.
凱文·費羅先生，P.Geo(安大略省)，公司祕書兼董事，是國家文書43-101所指的合格人員。費羅對本新聞稿中披露的技術數據表示認可。
About Mink Ventures Corporation:
Mink Ventures Corporation is a Capital Pool Company that is focused on identifying and evaluating businesses and assets with a view to completing a Qualifying Transaction. The Company has 8,367,500 shares outstanding.
Mink Ventures公司簡介：
明克風險投資公司是一家資本池公司，專注於識別和評估企業和資產，以期完成符合條件的交易。該公司有8,367,500股流通股。
About Voltage Metals Corp:
Voltage is a mineral exploration company with a highly experienced team focused on nickel and other battery metals exploration in the Canadian provinces of Ontario and Newfoundland. The Company looks to create shareholder value by aggregating and exploring projects that possess sound geology and brand-new discovery potential. Voltage has a deep roster of management and key stakeholders, who are expert in the essential resource trifecta of exploration, operations and finance.
關於電壓金屬公司：
電壓是一家礦產勘探公司，擁有一支經驗豐富的團隊，專注於加拿大安大略省和紐芬蘭省的鎳和其他電池金屬勘探。公司希望通過聚合和勘探具有良好地質條件和全新發現潛力的項目來創造股東價值。電壓擁有一批深厚的管理層和關鍵利益相關者，他們精通勘探、運營和財務這三大基本資源。
For further information about Mink Ventures Corporation please visit or contact Natasha Dixon, President & CEO, T: 250-882-5620 E ndixon@minkventures.com.
欲瞭解有關明克風險投資公司的更多信息，請訪問或聯繫總裁首席執行官娜塔莎·迪克森，電話：250-882-5620電子郵件：ndixon@minkventures.com。
Forward-Looking Statements
This press release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the future business and operations of Mink. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to, general business, economic, competitive, political and social uncertainties; and the delay or failure to receive applicable Board or regulatory approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. These forward-looking statements are made as of the date hereof and Mink disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.
前瞻性陳述
本新聞稿包括適用的加拿大證券法規定的某些“前瞻性陳述”。前瞻性陳述包括但不限於有關Mink未來業務和運營的陳述。前瞻性陳述必須基於一些估計和假設，這些估計和假設雖然被認為是合理的，但會受到已知和未知的風險、不確定性和其他因素的影響，這些因素可能會導致實際結果和未來事件與此類前瞻性陳述明示或暗示的內容大不相同。這些因素包括但不限於一般商業、經濟、競爭、政治和社會不確定性；以及延遲或未能獲得適用的董事會或監管部門的批准。不能保證這些陳述將被證明是準確的，因為實際結果和未來事件可能與這些陳述中預期的大不相同。這些前瞻性陳述是自本新聞稿發佈之日起作出的，明克公司沒有任何公開更新任何前瞻性陳述的意圖或義務，除非適用的證券法要求，否則，無論是由於新信息、未來事件或結果還是其他原因。
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的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
To view the source version of this press release, please visit
要查看本新聞稿的源版本，請訪問
譯文內容由第三人軟體翻譯。