Azarga Metals Closes Shares for Debt
Azarga Metals Closes Shares for Debt
VANCOUVER, BC / ACCESSWIRE / July 18, 2023 / AZARGA METALS CORP. ("Azarga Metals" or the "Company") (TSX-V:AZR) reports that as announced June 5, 2023 and June 27, 2023, the Company issued a total of 8,958,293 common shares (the "Debt Shares") of the Company in settlement of C$140,759.77 accounts payable and C$1,202,984.69 of shareholder loans. The settlement of the final C$560,857.36 shareholder loan to one individual is pending. The Debt Shares are valued at C$0.15 per Debt Share.
溫哥華，BC/ACCESSWIRE/2023年7月18日/Azarga Metals Corp.(“阿扎爾加金屬公司“或”公司“)(多倫多證券交易所-V：AZR)據報道，截至2023年6月5日和2023年6月27日，公司共發行了8,958,293股公司普通股(“債務股”)，以了結140,759.77加元的應付賬款和1,202,984.69加元的股東貸款。最終向一名個人發放的560,857.36加元股東貸款的結算尚未完成。債務股份的估值為每股債務0.15加元。
The 8,958,293 Debt Shares issued are subject to a four-month and one day hold period from the date of issuance.
已發行的8,958,293股債務股份自發行之日起計有4個月零1天的持有期。
The participation of certain insiders of the Company in the shares for debt constitutes a related party transaction as defined under Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). The directors of the Company, acting in good faith, determined that the fair market value of the Debt Shares being issued pursuant to the shares for debt transaction and the consideration being paid is reasonable. The Company intends to rely on the exemptions from the 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 debt exceeds 25% of the Company's market capitalization.
本公司若干內部人士參與股份換取債務，構成多邊檔案61-101(在特別交易中保護少數股權持有人)所界定的關聯方交易。本公司董事本著善意行事，確定根據債務交易股份發行的債務股份的公平市值及支付的代價是合理的。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的估值及小股東批准規定，因為債務股份或債務的公平市值均不超過本公司市值的25%。
AZARGA METALS CORP.
阿扎爾加金屬公司。
"Gordon Tainton"
《戈登·坦頓》
Gordon Tainton,
President and Chief Executive Officer
戈登·坦頓
總裁與首席執行官
For further information please contact: Doris Meyer, at +1 604 536-2711 ext. 3 or visit . The address of the head office of Azarga Metals is Unit 1 - 15782 Marine Drive, White Rock, BC V4B 1E6, British Columbia, Canada.
欲瞭解更多資訊，請聯繫：多麗絲·邁耶，電話：+1 604 536-2711轉。3或參觀。阿扎爾加金屬公司總部的地址是加拿大不列顛哥倫比亞省不列顛哥倫比亞省白石鎮海洋大道1-15782號，BC V4B 1E6。
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。
SOURCE: Azarga Metals Corp.
資料來源：阿扎爾加金屬公司
譯文內容由第三人軟體翻譯。