Slave Lake Zinc Corp. Announces Shares for Debt Transactions
Slave Lake Zinc Corp. Announces Shares for Debt Transactions
Vancouver, British Columbia--(Newsfile Corp. - February 10, 2023) - Slave Lake Zinc Corp. (CSE: SLZ) ("Slave Lake" or the "Company") is pleased to announce that the Company has issued an aggregate of 2,617,710 common shares ("Debt Shares") to certain of its directors and the Company's chief financial officer (the "Creditors") in exchange for the cancellation of the aggregate of $261,771 of fees and expenses owing. The Debt Shares are being issued at $0.10 per Debt Share, which is above the closing market price of the common shares of the Company as listed on the Canadian Securities Exchange ("CSE") on February 9, 2023, being $0.095, in accordance with the policies of the CSE.
溫哥華，不列顛哥倫比亞省-(Newsfile Corp.-2023年2月10日)-奴隸湖鋅公司(CSE：SLZ)本公司(“Slave Lake”或“本公司”)欣然宣佈，本公司已向若干董事及本公司首席財務官(“債權人”)發行合共2,617,710股普通股(“債務股”)，以換取勾銷合共261,771美元的費用及開支。根據加拿大證券交易所的政策，債務股份的發行價為每股0.1美元，高於本公司普通股於2023年2月9日在加拿大證券交易所(“中交所”)上市的收市價0.095美元。
The issuance of the Debt Shares to the Creditors constitutes a "related party transaction" as this term is defined in Multilateral Instrument 61-101: Protection of Minority Securityholders in Special Transactions ("MI 61-101"). The Company intends to rely on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 as neither the fair market value of the Debt Shares nor the aggregate debt exceeds 25% of the Company's market capitalization.
向債權人發行債務份額構成“關聯方交易”，這一術語在多邊文書61-101：特別交易中保護少數證券持有人(“MI 61-101”)中有定義。本公司擬依據MI 61-101第5.5(A)及5.7(1)(A)節所載豁免遵守MI 61-101的正式估值及小股東批准規定，因為債務股份的公平市值或總債務均不超過本公司市值的25%。
About Slave Lake Zinc
關於Slave Lake鋅
Slave Lake Zinc Corp. intends to develop the potential of its O'Connor Lake property, an historic zinc lead copper property located in the Northwest Territories of Canada. The property is located south of Great Slave Lake and to the east of Pine Point project. The property was initially developed after the Second World War and subsequently abandoned in 1952 when the prices of zinc and lead collapsed post war. Slave Lake Zinc Corp. believes that it is well positioned to advance this project and to expand significantly the historic potential of the property. For more information, please visit .
奴隸湖鋅公司打算開發其位於加拿大西北地區的歷史悠久的鋅鉛銅礦奧康納湖的潛力。該房產位於大奴湖以南，鬆點專案以東。該地產最初是在第二次世界大戰後開發的，後來在1952年被遺棄，當時鋅和鉛的價格在戰後暴跌。奴隸湖鋅公司相信，它處於有利地位，可以推進這一項目，並顯著擴大該地產的歷史潛力。欲瞭解更多資訊，請訪問。
On Behalf of the Board of Directors,
我謹代表董事會：
Slave Lake Zinc Corp.
Per:
奴隸湖鋅公司。
PER：
Ritch Wigham CEO & Director
Phone: 604-396-5762
Email: rwigham@zinccorp.ca
Ritch Wigham首席執行官兼董事
電話：604-396-5762
電子郵件：rwigham@zinccorp.ca
Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or accepted responsibility for the adequacy or accuracy of the content of this news release.
加拿大證券交易所及其監管服務提供商均未對本新聞稿內容的充分性或準確性進行審查或承擔責任。
Forward-Looking Statement
前瞻性陳述
Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in both Slave Lake Zinc's periodic filings with Canadian securities regulators. When used in this news release, words such as "will", "plan", "estimate", "expect", "intend", "potential", "should," and similar expressions, are forward-looking statements. Information provided in this document is necessarily summarized and may not contain all available material information. Forward-looking statements include, without limitation, potential development and production at the Company's O'Connor Lake project, future oriented events and other statements that are not facts. Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable by management based on the business and markets in which Slave Lake Zinc operates, are inherently subject to significant operational, economic and competitive uncertainties and contingencies. Such forward-looking statements should therefore be construed in light of such factors. Although Slave Lake Zinc has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this news release, and Slave Lake Zinc disclaims any intention or obligation to update or revise such information, except as required by applicable law, and Slave Lake Zinc does not assume any liability for disclosure relating to any other company herein.
本新聞稿中的前瞻性陳述會受到各種風險和不確定因素的影響，這些風險和不確定性與Slave Lake Zinc在這裡和其他地方向加拿大證券監管機構提交的定期檔案中披露的具體因素有關。本新聞稿中使用的“將”、“計劃”、“估計”、“期望”、“打算”、“潛在”、“應該”等詞語以及類似的表述均為前瞻性陳述。本文檔中提供的資訊是必要的摘要，可能不包含所有可用材料資訊。前瞻性表述包括但不限於公司奧康納湖專案的潛在開發和生產、面向未來的事件以及其他非事實的表述。前瞻性表述基於一系列假設和估計，雖然管理層根據Slave Lake Zinc經營的業務和市場認為這些假設和估計是合理的，但這些假設和估計本身就會受到重大運營、經濟和競爭不確定性和或有事項的影響。因此，應根據這些因素來解讀這種前瞻性陳述。儘管Slave Lake鋅公司試圖確定可能導致實際結果、業績或成就與前瞻性陳述中包含的結果、業績或成就大不相同的重要因素，但也可能有其他因素導致結果、業績或成就與預期、估計或預期的結果、業績或成就不符。不能保證這些資訊將被證明是準確的，也不能保證管理層對未來發展、情況或結果的期望或估計將成為現實。因此，讀者不應過分依賴前瞻性陳述。本新聞稿中的前瞻性陳述是截至本新聞稿發佈之日作出的，除適用法律要求外，Slave Lake Zinc不承擔任何更新或修改此類資訊的意圖或義務，Slave Lake Zincc不承擔與本文中任何其他公司相關的資訊披露的任何責任。
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譯文內容由第三人軟體翻譯。