York and Phoenix Gold Announce Completion of Spin-Out Transaction
York and Phoenix Gold Announce Completion of Spin-Out Transaction
Vancouver, British Columbia--(Newsfile Corp. - September 14, 2023) - York Harbour Metals Inc. (TSXV: YORK) (OTC PINK: YORKF) (FSE: 5DE0) (the "Company" or "York"), is pleased announce that the Company has completed its spinout transaction whereby York spun-out 100% of the common shares of Phoenix Gold Resources (Holdings) Ltd. ("Spinco") to the shareholders of York (the "Shareholders") by way of a court-approved plan of arrangement (the "Plan of Arrangement") pursuant to the Business Corporations Act (British Columbia) completed effective 12:01 a.m. PT on September 14, 2023 (the "Effective Time").
溫哥華，不列顛哥倫比亞省-(Newsfile Corp.-2023年9月14日)-約克港金屬公司(TSXV：YOKK)(場外交易代碼：YORKF)(FSE：5DE0)(The公司“或”約克市)，欣然宣佈本公司已完成分拆交易，藉此約克分拆菲尼克斯黃金資源(控股)有限公司100%的普通股。SpinCo“)致約克公司的股東(”股東“)以法院批准的安排圖則(”佈置圖“)根據《《商業公司法》(不列顛哥倫比亞省)已完成，自上午12：01起生效PT於2023年9月14日(“有效時間“)。
The Plan of Arrangement received approval from the Supreme Court of British Columbia on August 1, 2023 and shareholder approval on July 26, 2023 as described in the Company's news release of July 26, 2023 and June 15, 2023. Spinco holds interests in the Plumas and Eldorado properties (collectively, known as the "Phoenix Gold Project").
該安排計劃於2023年8月1日獲得不列顛哥倫比亞省最高法院的批准，並於2023年7月26日獲得股東批准，如公司2023年7月26日和2023年6月15日的新聞稿所述。SpinCo持有Plumas和Eldorado物業的權益(統稱為鳳凰金牌工程“)。
Pursuant to the terms of the Plan of Arrangement, at the Effective Time, the Shareholders received 0.2 of a common share of Spinco ("Spinco Shares") and one new common share of York (the "New Shares") in exchange for every existing common share of York held (the "Old Shares"). Following which the Old Shares were cancelled. Following the Effective Time, Shareholders received 13,705,803 Spinco Shares, being 100% of Spinco, and continue to hold the same number of common shares of York as before the Effective Time. Holders of options and warrants of York did not receive Spinco Shares.
根據安排計劃的條款，於生效時間，股東收取Spinco每股普通股0.2股(“SpinCo股票“)和一股新的約克普通股(”新股“)，以換取持有的每一股約克現有普通股(”舊股在生效時間之後，股東收到了13,705,803股Spinco股票，相當於Spinco的100%，並繼續持有與生效時間之前相同數量的York普通股。York的期權和認股權證持有人沒有收到Spinco股票。
Upon surrender to Computershare Investor Services Inc. (the "Depositary") of certificates representing Old Shares that were outstanding immediately prior to the Effective Time of the Arrangement, together with a duly completed and executed Letter of Transmittal, registered holders of such Old Shares are entitled to receive the New Shares and Spinco Shares pursuant to, and subject to the terms and conditions of the Plan of Arrangement. Each registered Share (other than CDS and DTC) will receive a Direct Registration Advice ("DRS Advice"), evidencing the Spinco Shares and New Shares held by each Shareholder. Non-registered holders of Old Shares that were outstanding immediately prior to the Effective Time of the Plan of Arrangement should contact their nominee (i.e. broker, trust company bank or other registered holder) which holds the certificates representing such securities, on their behalf to arrange for surrender and exchange pursuant to the Plan of Arrangement.
在投降給ComputerShare Investor Services Inc.(“託管人在緊接安排生效前已發行的代表舊股的股票，連同一份已妥為填妥及簽立的遞交書，該等舊股的登記持有人有權根據安排計劃的條款及條件收取新股及Spinco股份。每股登記股份(CDS及DTC除外)將收到直接登記通知(DRS建議“)，以證明每名股東所持有的Spinco股份及新股。在緊接安排計劃生效日期前已發行的舊股的非登記持有人，應代表他們聯絡持有代表該等證券的證書的代名人(即經紀、信託公司銀行或其他登記持有人)，以根據安排計劃安排交出及交換。
At the Effective Time, Shareholders will own shares in two reporting companies: Spinco, which will focus on the development of the Phoenix Gold Project, and York, which will continue to focus on the development of the York Harbour Copper-Zinc-Silver Project and the Bottom Brook Rare Earth Elements Project, both located in western Newfoundland and Labrador, Canada. Spinco Shares have the CUSIP and ISIN of 718972102 and CA7189721029, respectively. The New Shares will be trading on the TSX Venture Exchange under the new CUSIP and ISIN, 98664A108 and CA98664A1084, respectively.
在生效時，股東將擁有兩家報告公司的股份：SpinCo將專注於鳳凰城金礦專案的開發，York將繼續專注於約克港銅鋅銀專案和底溪稀土元素專案的開發，這兩個專案都位於紐芬蘭西部和加拿大拉布拉多。SpinCo股票的CUSIP值和ISIN值分別為718972102和CA7189721029。新股將分別以新的CUSIP和ISIN 98664A108和CA98664A1084在多倫多證券交易所創業板交易。
Early Warning Disclosure
預警資訊披露
Spinco became a reporting issuer as a result of the Plan of the Arrangement; therefore, York is providing the following disclosure pursuant to National Instrument 62 - 103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, with respect to York's previous ownership of more than 10% of the issued and outstanding Spinco Shares. Immediately prior to the Effective Time, York owned a total of 15,750,100 Spinco Shares, being all of the issued and outstanding Spinco Shares. Following the consolidation of the Spinco Shares at a ratio such that the number of Spinco Shares is equal to 0.2 of the issued and outstanding common shares of York at the Effective Time and the completion of the Plan of Arrangement, York holds zero Spinco Shares.
SpinCo成為報告發行人的結果是該安排的計劃；因此，約克根據國家文書62-103提供以下披露-預警系統及相關收購競標和內幕報告問題，關於約克之前擁有超過10%的已發行和已發行的Spinco股票。在生效時間之前，約克公司總共擁有15,750,100股Spinco股票，即所有已發行和已發行的Spinco股票。在合併Spinco股份後，使Spinco股份的數量等於有效時間和安排計劃完成時York已發行和已發行普通股的0.2股，York持有零股Spinco股份。
The Spinco Shares were disposed by York as a step of the Plan of Arrangement, so that upon completion all of the issued and outstanding Spinco Shares are held by Shareholders. York currently has no plans or intentions that relate to, or would result in, any of the actions requiring disclosure under applicable early warning reporting provisions. In accordance with applicable securities laws and the policies of the TSX Venture Exchange, York may, from time to time, acquire Spinco Shares in the open market or otherwise, and reserves the right to engage in similar transactions with respect to such securities, the whole depending on market conditions, the business and prospects of Spinco and other relevant factors.
作為安排計劃的一步，約克公司出售了Spinco股票，這樣在完成時，所有已發行和已發行的Spinco股票都由股東持有。約克目前沒有任何計劃或意圖涉及或將導致根據適用的預警報告規定要求披露的任何行動。根據適用的證券法和多倫多證券交易所創業板的政策，約克可以不時在公開市場或以其他方式收購Spinco的股票，並保留根據市場狀況、Spinco的業務和前景以及其他相關因素就此類證券進行類似交易的權利。
An early warning report will be filed with the British Columbia, Alberta and Ontario securities commissions and will be available for viewing on SEDAR+ under the profile of York. For further information or to obtain a copy of the early warning report, please contact York. The head office of York and Spinco is 1518 - 800 West Pender Street, Vancouver, BC, V6C 2V6.
將向不列顛哥倫比亞省、艾伯塔省和安大略省證券委員會提交一份預警報告，並將在約克的簡介下在SEDAR+上查看。欲瞭解更多資訊或獲取預警報告的副本，請與約克聯繫。約克和Spinco的總部是1518-800 West Pender Street，BC，BC，V6C 2V6。
About York Harbour Metals
關於約克港金屬公司
York Harbour Metals Inc. (TSXV: YORK) (OTC PINK: YORKF) (FSE: 5DE0) is an exploration and development company focused on two high-grade projects in Newfoundland and Labrador. The York Harbour Copper-Zinc-Silver Project is located approximately 27 km from Corner Brook in Newfoundland and Labrador. The Company intends to continue drilling the 11 known mineralized zones and explore new massive sulphide targets.
約克港金屬公司(多倫多證券交易所股票代碼：YORKF)(場外交易代碼：YORKF)(證券交易所代碼：5DE0)是一家勘探開發公司，專注於紐芬蘭和拉布拉多的兩個高品位專案。約克港銅鋅銀專案位於紐芬蘭和拉布拉多的Corner Brook約27公里處。本公司打算繼續鑽探11個已知礦化帶，並勘探新的塊狀硫化物目標。
Recently, the Company announced the acquisition of a high-grade Rare Earth Elements ("REE") project also located in Newfoundland and Labrador. The Bottom Brook Critical Metals Project, covering 15,150 hectares, is located next to the Trans Canada Highway and is just 27 km from the deep-water port at Turf Point. York Harbour intends to actively identify diamond drill targets through property-wide prospecting, focused soil sampling, and geological mapping.
最近，該公司宣佈收購同樣位於紐芬蘭和拉布拉多的一個高品位稀土元素(“REE”)專案。底溪關鍵金屬專案佔地15,150公頃，位於跨加拿大駭維金屬加工旁邊，距離Turf Point深水港僅27公里。約克港打算通過全地產勘探、重點土壤採樣和地質填圖積極識別鑽石鑽探目標。
For further details on York Harbour Metals, please reach out via email to info@yorkharbourmetals.com or call +1-778-302-2257. You may also visit the Company's website at for past news releases, media interviews and opinion-editorial pieces by management.
欲瞭解約克港金屬公司的更多資訊，請發送電子郵件至info@yorkharbourmetals.com或致電+1-778-302-2257。您還可以訪問該公司的網站，獲取過去的新聞稿、媒體採訪和管理層的觀點社論文章。
On Behalf of The Board of Directors,
我謹代表董事會：
"Signed"
Bruce Durham
CEO, President, and Director
“已簽署”
布魯斯·達勒姆
首席執行官總裁和董事
Telephone: 778-302-2257 | Email: info@yorkharbourmetals.com
Website:
1518 - 800 Pender Street W, Vancouver, BC, Canada V6C 2V6
電話：778-302-2257|電子郵件：info@yorkharbourmetals.com
網站：
加拿大不列顛哥倫比亞省溫哥華彭德街W 1518-800 V6C 2V6
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 news 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。
Cautionary Statement Regarding Forward-Looking Information
關於前瞻性資訊的警示聲明
This news release may contain "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities legislation. All information contained herein that is not historical in nature may constitute forward-looking information. Forward-looking statements herein include but are not limited to statements relating to the prospects for development of the Company's mineral properties, and are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward looking statements. Except as required by law, the Company disclaims any obligation to update or revise any forward-looking statements. Readers are cautioned not to put undue reliance on these forward-looking statements.
本新聞稿可能包含適用於加拿大證券法的“前瞻性資訊”和“前瞻性陳述”。本文中包含的所有非歷史性資訊可能構成前瞻性資訊。本文中的前瞻性表述包括但不限於與公司礦產開發前景有關的表述，這些表述必須基於一些假設，儘管管理層認為這些假設是合理的，但這些假設本身就會受到商業、市場和經濟風險、不確定性和或有事件的影響，這些風險、不確定性和意外事件可能會導致實際結果、業績或成就與前瞻性表述中明示或暗示的內容大不相同。除法律另有規定外，公司不承擔任何更新或修改任何前瞻性陳述的義務。告誡讀者不要過度依賴這些前瞻性陳述。
To view the source version of this press release, please visit
要查看本新聞稿的源版本，請訪問
譯文內容由第三人軟體翻譯。