Lion Rock Arranges $1M Financing
Lion Rock Arranges $1M Financing
Vancouver, British Columbia--(Newsfile Corp. - March 9, 2023) - Lion Rock Resources Inc. (TSXV: ROAR) (FSE: KGB1) (the "Company") announces a non-brokered private placement of up to 10,000,000 units of the Company (the "Units") at a price of $0.10 per Unit for gross proceeds of up to $1,000,000 (the "Offering"). Each Unit will be comprised of one common share in the capital of the Company and one share purchase warrant (a "Warrant"), with each Warrant entitling the holder thereof to acquire one additional common share at a price of $0.15 per share. The Warrants are exercisable for one year from the date of issue, provided that after the expiry of all regulatory hold periods on the Warrants, if the common shares of the Company trade on the TSX Venture Exchange at a price of $0.35 or more for five consecutive trading days at any time (the "Acceleration Event"), then the Warrants will expire, subject to the Company's discretion, on the earlier of the expiry date and 4:30 p.m. (Vancouver time) on the date that is 30 calendar days after the Company provides notice to the holders of the Warrants that the Acceleration Event has occurred.
不列顛哥倫比亞省溫哥華--（Newsfile Corp. — 2023 年 3 月 9 日）— Lion Rock Rock R (TSXV: ROAR) (FSE: KGB1) （那個”公司“) 宣佈以非經紀方式私募配售公司不超過1,000萬單位的股份（”單位“) 每單位價格爲0.10美元，總收入不超過100萬美元（”提供“)。每個單位將由公司資本中的一股普通股和一份股票購買權證組成 (a”搜查令“），每份認股權證的持有人有權以0.15美元的價格再收購一股普通股每股。認股權證自發行之日起可行使一年，前提是認股權證的所有監管持有期屆滿後，如果公司的普通股在多倫多證券交易所風險投資交易所連續五個交易日以0.35美元或以上的價格交易（”加速賽事“），那麼認股權證將在到期日之前和下午 4:30（溫哥華時間）到期，即公司向認股權證持有人發出加速事件發生後的30個日曆日的下午 4:30（溫哥華時間）到期，但須由公司自行決定。
The proceeds from the Offering will be used for general working capital. Finders' fees may be payable in whole or in part on the Offering, pursuant to the policies of the TSX Venture Exchange. All securities issued under the Offering will be subject to regulatory hold periods expiring four months from the date of issue.
本次發行的收益將用於一般營運資金。根據多倫多證券交易所風險投資交易所的政策，Finders的費用可以在發行中全部或部分支付。本次發行的所有證券都將受監管持有期的約束，自發行之日起四個月內到期。
The securities issued pursuant to the Offering have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.
根據本次發行發行的證券尚未根據經修訂的1933年《美國證券法》進行註冊，也不得在美國境內發行或出售，也不得在美國境內發行或出售，也不得在沒有美國註冊或適用美國註冊要求豁免的情況下向美國人發行或出售，也不得爲美國人提供或爲其賬戶或利益。本新聞稿不構成出售要約或徵求買入要約，也不得在美國或任何其他司法管轄區進行此類要約、招攬或出售爲非法的證券出售。
The Offering is subject to the acceptance of the TSX Venture Exchange.
本次發行須經多倫多證券交易所風險投資交易所接受。
About Lion Rock Resources Inc.
關於獅子山資源公司
Lion Rock Resources is northwestern Ontario's newest gold‐copper explorer. The Company's flagship property, the Maybrun, is a past‐producing mine (Maybrun gold‐copper deposit) that was placed on care and maintenance in 1974 for several years prior to an exploration program conducted by Opawica Explorations Inc. in 2005. The Maybrun project is located in the Atikwa Lake area of the Kenora Mining Division, approximately 80 kilometres southeast of Kenora, in northwestern Ontario.
獅子山資源公司是安大略省西北部最新的金銅勘探公司。該公司的旗艦物業Maybrun是一座過去生產的礦山（Maybrun金銅礦牀），在Opawica Explorations Inc.於2005年進行勘探計劃之前，該礦於1974年進行了幾年的保養和維護。Maybrun項目位於安大略省西北部凱諾拉礦業部的阿蒂克瓦湖區，位於凱諾拉東南約80公里處。
On Behalf of the Board
代表董事會
Kevin Bottomley President & Chief Executive Officer
O: 604 681 1568
E: kevin@lionrockresources.com
Kevin Bottomley 總裁兼首席執行官
O: 604 681 1568
E: kevin@lionrockresources.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多倫多證券交易所風險投資交易所及其監管服務提供商（該術語在多倫多證券交易所風險投資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。
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
不用於分發給美國新聞通訊社或在美國傳播
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譯文內容由第三人軟體翻譯。