Aurwest Announces Closing of Five New SpinCos as Part of the Plan of Arrangement
Aurwest Announces Closing of Five New SpinCos as Part of the Plan of Arrangement
Calgary, Alberta--(Newsfile Corp. - October 3, 2022) - Aurwest Resources Corporation (CSE: AWR) ("Aurwest" or the "Company") announces that, as part of the previously announced spin-out transaction that was completed by way of a Plan of Arrangement ("Plan of Arrangement"), the Company has completed the closing of five (5) newly formed reporting issuer entities for the purposes of evaluating future go public business opportunities (the "SpinCos"). The record date of the Plan of Arrangement was September 23, 2022 ("Record Date").
加拿大阿爾伯塔省卡爾加里-(Newsfile Corp.-2022年10月3日)-Aurwest Resources Corporation(CSE：AWR) ("奧韋斯特“或”公司“)宣佈，作為先前宣佈的分拆交易的一部分，該交易以安排計劃的方式完成(”佈置圖)，本公司已完成關閉五(5)個新成立的申報發行人實體，以評估未來的上市商機(“SpinCos安排計劃的記錄日期為2022年9月23日(“記錄日期").
SpinCos Closing & Share Issuance
SpinCos收盤與股票發行
Pursuant to the Plan of Arrangement, each shareholder of Aurwest as of the Record Date received 0.0051 shares of each of the five (5) newly formed SpinCos for every one (1) common share of Aurwest held. The five (5) newly formed SpinCos are: 1377314 B.C. LTD., 1377319 B.C. LTD., 1377326 B.C. LTD., 1377331 B.C. LTD., and 1377333 B.C. LTD., and each of these entities is a reporting issuer and has a SEDAR profile that can be found at . Aurwest shareholders as of the Record Date will receive either a direct registration statement advice or a physical share certificate reflecting their ownership of the shares of each of the SpinCos, or their brokerage account will be credited with the shares through the CDS system. No additional action is required by shareholders of Aurwest in order to receive common shares of the SpinCos, and these securities will be mailed out or delivered to the respective shareholders on or about September 28, 2022. None of the SpinCos will be listed on a stock exchange at this time.
根據安排計劃，截至記錄日期，每持有一(1)股Aurwest普通股，Aurwest的每位股東將獲得五(5)家新成立的SpinCos中的每一股0.0051股。五(5)家新成立的SpinCo.Ltd.是：1377314 B.C.Ltd.、1377319 B.C.Ltd.、1377326 B.C.Ltd.、1377331 B.C.Ltd.和1377333 B.C.Ltd.，這些實體中的每一個都是報告發行方，並有SEDAR簡介，可在上找到。截至記錄日期，Aurwest股東將收到一份直接登記聲明通知或一份反映他們對每一家SpinCos股票所有權的實物股票證書，或者他們的經紀賬户將通過CDS系統記入股票貸方。AurWest的股東不需要採取額外的行動就可以獲得SpinCos的普通股，這些證券將在2022年9月28日左右郵寄或遞送給各自的股東。目前，SpinCos還不會在證券交易所上市。
The paid-up capital of the Aurwest Common Shares has been allocated to Aurwest Common Shares ($7,285,103), the Aurwest Class A Preferred Shares ($2,905,000) and Aurwest Class B Preferred Shares ($125,000) which have been redeemed for an aggregate of 2,546,680 common shares of the SpinCos with a cost base of $0.049 per common share of each SpinCo. Aurwest Shareholders should each consult their own tax and legal advisers for advice as to the income tax consequences of the Arrangement applicable to them in their particular circumstances.
Aurwest普通股的實收資本已分配給Aurwest普通股(7,285,103美元)、Aurwest A類優先股(2,905,000美元)和Aurwest B類優先股(125,000美元)，這些股票已贖回為總計2,546,680股SpinCos普通股，每股SpinCo的成本基數為0.049美元。Aurwest股東應各自諮詢自己的税務和法律顧問，就適用於他們的特定情況下適用於他們的安排的所得税後果提供建議。
Financing, Distribution Date and Application for a Stock Exchange Listing for Stellar Stars SpinCo
Star Stars SpinCo的融資、發行日期和上市申請
Pursuant to the Plan of Arrangement, the Company has transferred its Stellar Stars mining property into a wholly owned subsidiary named "Copper Star Exploration Ltd." ("Stellar Stars SpinCo"). Stellar Stars SpinCo has covenanted to use commercially reasonable efforts to undertake a private placement financing of a minimum of $1,000,000 (the "Stellar Stars SpinCo Financing") and make an application to list on the Canadian Securities Exchange (the "CSE").
根據《安排計劃》，本公司已將旗下的恆星礦業資產轉讓給全資附屬公司“銅星勘探有限公司”。恆星自旋公司“)。Stella Stars SpinCo已立約以商業上合理的努力進行最低100萬美元的私募融資(The”《恆星自旋公司》融資“)，並申請在加拿大證券交易所上市(”CSE").
The distribution of the common shares of Stellar Stars SpinCo is conditional upon completion of the Stellar Stars SpinCo Financing. The timing, pricing and terms of the Stellar Stars SpinCo Financing are subject to market conditions and further details of this offering will be disclosed in one or more press releases as the information becomes available. The listing of Stellar Stars SpinCo is subject to meeting all the conditions for listing established by the CSE and acceptance by the CSE. There is no assurance that Stellar Stars SpinCo will complete the Stellar Stars Financing within the time required under the Plan of Arrangement.
Stars Stars SpinCo普通股的分配取決於Stars Stars SpinCo融資的完成。Stella Stars SpinCo融資的時間、定價和條款取決於市場狀況，有關此次發行的進一步細節將在信息可用時在一份或多份新聞稿中披露。Stars Stars SpinCo的上市必須滿足CSE確定的所有上市條件並獲得CSE的接受。不能保證Star Stars SpinCo將在安排計劃所要求的時間內完成Stars Stars的融資。
On Behalf Of Aurwest resources Corporation
我代表Aurwest資源公司
"Colin Christensen"
《科林·克里斯滕森》
President and Chief Executive Officer
總裁與首席執行官
For additional information please contact:
如需更多信息，請聯繫：
Colin Christensen
Telephone: (403) 483-8363
Email: cchristensen@aurwestresources.com
Website:
科林·克里斯滕森
電話：(403)483-8363
電子郵件：cchristensen@aurwestresource ces.com
網站：
About Aurwest Resources Corporation
關於Aurwest資源公司
Aurwest is a Canadian-based junior resource company focused on the acquisition, exploration, and development of gold properties in Canada. The Company currently has three Option Agreements to earn a 100% interest in Paradise Lake and Stony Caldera projects covering a 57,600-hectare (576 sq kms) package of gold exploration licenses within the emerging Central Newfoundland gold district. The Company also currently holds a 100% interest in the 28,814 hectare Stellar/Stars porphyry copper project, located approximately 25 kilometers southwest of Houston, British Columbia.
Aurwest是一家總部位於加拿大的初級資源公司，專注於收購、勘探和開發加拿大的黃金資產。本公司目前擁有三份期權協議，以賺取Paradise Lake和Stony Caldera項目的100%權益，該項目涵蓋新興的中紐芬蘭金礦區內57,600公頃(576平方公里)的一攬子黃金勘探許可證。本公司目前還持有位於不列顛哥倫比亞省休斯敦西南約25公里處的28,814公頃恆星/恆星斑巖銅礦項目的100%權益。
Forward-Looking Information
前瞻性信息
Statements included in this announcement, including statements concerning our plans, intentions, and expectations, which are not historical in nature are intended to be, and are hereby identified as "forward-looking statements". Forward looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation: historical exploration results; positive diamond drilling results; styles of copper-molybdenum mineralization; and future work programs.
本公告中包含的非歷史性陳述，包括與我們的計劃、意圖和預期有關的陳述，旨在成為前瞻性陳述，特此確認為“前瞻性陳述”。前瞻性陳述可以用包括“預期”、“相信”、“打算”、“估計”、“預期”和類似表述的詞語來識別。公司提醒讀者，前瞻性表述包括但不限於：歷史性的勘探結果；積極的鑽石鑽探結果；銅鉬礦化的類型；以及未來的工作計劃。
In connection with the forward-looking information contained in this news release, Aurwest has made numerous assumptions regarding, among other things: the proposed Plan of Arrangement and the proposed Stellar Stars SpinCo Financing. While Aurwest considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies.
關於本新聞稿中包含的前瞻性信息，AurWest就建議的安排計劃和建議的Stars Stars SpinCo融資等方面做出了許多假設。雖然Aurwest認為這些假設是合理的，但這些假設本身就受到重大不確定性和意外情況的影響。
Additionally, there are known and unknown risk factors which could cause Aurwest's actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include, additional exploration of the Properties may not locate significant copper-molybdenum mineralization; historical exploration results may not be; accurate; additional exploration of the areas of copper mineralization may not locate significant mineralization; the positive diamond drilling results may not be accurate; styles of copper-molybdenum mineralization; and future work programs may not result in the location of significant copper-molybdenum mineralization future work programs may not be completed as planned or at all; receipt of permits to conduct the exploration plans and matters relating to the Company's future operations and business prospects; certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-looking statements. Any forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, except in accordance with the applicable laws.
此外，存在已知和未知的風險因素，可能導致AurWest的實際結果、業績或成就與本文中包含的前瞻性信息明示或暗示的任何未來結果、業績或成就大不相同。已知的風險因素包括，對該礦產的額外勘探可能找不到重大的銅鉬礦化；歷史勘探結果可能不準確；對銅礦化區域的額外勘探可能找不到重大礦化；積極的鑽石鑽探結果可能不準確；銅鉬礦化的類型；以及未來的工作計劃可能不會導致重大的銅鉬礦化位置按計劃完成或根本沒有完成；獲得進行勘探計劃和與公司未來運營和業務前景相關的事項的許可證；某些風險和不確定性因素可能會導致實際結果與前瞻性表述中所示的結果存在重大差異。建議讀者依靠自己對此類風險和不確定性的評估，不應過度依賴前瞻性陳述。任何前瞻性陳述都是在本新聞稿發佈之日作出的，公司不承擔更新前瞻性陳述的義務，除非依照適用的法律。
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
加拿大證券交易所沒有對本新聞稿的充分性或準確性進行審查，也不承擔任何責任。
THIS PRESS RELEASE DOES NOT CONSTITUE AN OFFER TO SELL SECURITIES OR A SOLICITATION FOR PURCHASERS TO BUY SECURITIES. THIS PRESS RELEASE IS NOT TO BE CONSTRUED AS A PUBLIC OFFERING IN ANY PROVINCE IN CANADA UNLESS A PROSPECTUS RELATING THERETO HAS BEEN ACCEPTED FOR FILING BY A SECURITIES COMMISSION OR SIMILAR AUTHORITY IN SUCH PROVINCE.
本新聞稿不構成出售證券的要約或邀請購買者購買證券。本新聞稿不得被解釋為在加拿大任何省份的公開發行，除非與此相關的招股説明書已被該省的證券委員會或類似機構接受備案。
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譯文內容由第三人軟體翻譯。