E-Tech Resources Inc. Increases Previously Announced Private Placement to $700,000
E-Tech Resources Inc. Increases Previously Announced Private Placement to $700,000
Halifax, Nova Scotia--(Newsfile Corp. - August 10, 2023) - E-Tech Resources Inc. (TSXV: REE) (FSE: K2I) ("E-Tech" or the "Company") is pleased to announce that it has increased its previously announced private placement of $500,000 of common shares of E-Tech (each, a "Share") at $0.06 per Share up to $700,000 (the "Financing"). Under the increased Financing terms, E-Tech will now offer subscribers up to 11,666,667 Shares at $0.06 per Share. The proceeds from the private placement will be used to support the Company's ongoing exploration and operational activities.
新斯科舍省哈雷法克斯-(Newsfile Corp.-2023年8月10日)-E-Tech Resources Inc.(TSXV：REE)(FSE：K2I)(“電子科技“或”公司“)很高興地宣佈，它已經增加了之前宣佈的定向增發500,000美元的E-Tech普通股(每股，A”分享“)每股0.06元至700,000元(”融資根據增加的融資條款，E-Tech現在將以每股0.06美元的價格向認購者提供最多11,666,667股股份。定向增發所得資金將用於支持公司持續的勘探和運營活動。
To facilitate the Financing, E-Tech has entered into an agreement with Numus Capital Corp., a registered Exempt Market Dealer, to act as agent for the Financing. E-Tech has agreed to pay to the agent a cash fee equal to 7% of proceeds raised from investors introduced by the agent, except on subscriptions received from directors, officers, and employees of E-Tech, and to issue compensation warrants entitling the agent to purchase that number of Shares as is equal to seven percent (7%) of the Shares sold to investors introduced by the agent, except on subscriptions received from directors, officers, and employees of E-Tech. Each compensation warrant will be exercisable into a Share of E-Tech at $0.06 per share for a period of 24 months from closing.
為了促進融資，E-Tech與註冊的豁免市場交易商Numus Capital Corp.達成了一項協定，作為融資的代理。E-Tech已同意向代理商支付相當於從代理商介紹的投資者籌集的收益的7%的現金費用，E-Tech董事、高級管理人員和員工的認購除外，併發行補償權證，使代理商有權購買相當於代理商向投資者出售的股份的7%(7%)的股份，但收到E-Tech董事、高級職員和員工的認購除外。每份補償權證將在成交後24個月內按每股0.06美元的價格行使為E-Tech的股票。
Completion of the Financing is subject to the satisfaction of certain conditions, including the approval of the TSX Venture Exchange, and all securities issued pursuant to the Financing will be subject to a four-month and one day hold period.
融資的完成取決於某些條件的滿足，包括多倫多證券交易所創業板的批准，以及根據融資發行的所有證券將有四個月零一天的持有期。
The engagement of Numus Capital Corp. and the Financing may constitute Related Party Transactions under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI-61-101"). E-Tech is relying upon an exemption for shareholder approval required under section 5.7(1)(a) of MI 61-101 on the basis that any related party elements of such transactions would not exceed 25% of market capitalization of E-Tech.
Numus Capital Corp.的參與和融資可能構成以下關聯方交易多邊文書61-101在特殊交易中對少數擔保持有人的保護(“MI-61-101“)。E-Tech依賴MI 61-101第5.7(1)(A)條所要求的股東批准豁免，其基礎是該等交易的任何關聯方元素不得超過E-Tech市值的25%。
About E-Tech Resources Inc.
關於E-Tech Resources Inc.
E-Tech is a rare earth exploration and development company focused on developing its Eureka Rare Earths Project in Namibia. The Eureka project is located approximately 250 km north-west of Namibia's capital city Windhoek and 140 km east of Namibia's main industrial port Walvis Bay. The project is situated next to the national B1 highway in the Erongo Region of Namibia.
E-Tech是一家稀土勘探開發公司，專注於開發其在納米比亞的尤裡卡稀土專案。尤裡卡專案位於納米比亞首都溫得和克西北約250公里處，納米比亞主要工業港口沃爾維斯灣以東140公里處。該專案位於納米比亞埃隆戈地區的國家B1駭維金屬加工旁邊。
The Eureka deposit lies in the Southern Central Zone of the Neoproterozoic Damara Belt within Exclusive Prospecting License ("EPL") number EPL 6762, which covers farms Eureka 99 and Sukses 90. E-Tech has also entered a definitive agreement to acquire an 85% interest in the permit EPL 8748 which lies adjacent to and surrounds the Company's EPL 6762.
尤裡卡礦床位於新元古代達馬拉帶的中南部地帶，擁有獨家勘探許可證(“EPL”)編號EPL 6762，涵蓋尤裡卡99和Sukses 90農場。E-Tech還達成了一項最終協定，將收購許可證EPL 8748的85%權益，該許可證位於公司EPL 6762附近和周圍。
Namibia is recognized as one of Africa's most politically stable jurisdictions, with an extremely well-established national infrastructure and a clear and transparent mining law.
納米比亞被認為是非洲政治最穩定的司法管轄區之一，擁有極其完善的國家基礎設施和明確透明的採礦法。
Cautionary Statements
警示聲明
This press release may contain forward-looking information, such as statements regarding the Financing. This information is based on current expectations and assumptions (including assumptions relating to general economic and market conditions) that are subject to significant risks and uncertainties that are difficult to predict. Actual results may differ materially from results suggested in any forward-looking information. E-Tech does not assume any obligation to update forward-looking information in this release, or to update the reasons why actual results could differ from those reflected in the forward-looking information unless and until required by securities laws applicable to E-Tech. Additional information identifying risks and uncertainties is contained in the filings made by E-Tech with Canadian securities regulators, which filings are available at .
本新聞稿可能包含前瞻性資訊，如有關融資的聲明。這些資訊基於當前的預期和假設(包括與一般經濟和市場狀況有關的假設)，這些預期和假設會受到難以預測的重大風險和不確定性的影響。實際結果可能與任何前瞻性資訊中建議的結果大不相同。E-Tech不承擔更新本新聞稿中的前瞻性資訊或更新實際結果可能與前瞻性資訊中反映的結果不同的原因的任何義務，除非和直到適用於E-Tech的證券法要求。識別風險和不確定性的其他資訊包含在E-Tech向加拿大證券監管機構提交的檔案中，這些檔案可在上查閱。
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in 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。
For further information, please contact Todd Burlingame, CEO of E-Tech Resources Inc., at (782) 409-5474.
欲瞭解更多資訊，請聯繫E-Tech Resources Inc.首席執行官託德·伯林格姆，電話：(782)409-5474。
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