Silver Range Resources Ltd. Closes Initial Tranche of Private Placement and Extends the Closing of the Final Tranche
Silver Range Resources Ltd. Closes Initial Tranche of Private Placement and Extends the Closing of the Final Tranche
NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES AND NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES
不得在美國境內傳播或分發，也不得向美國新聞通訊社分發
VANCOUVER, BC / ACCESSWIRE / October 10, 2023 / Silver Range Resources Ltd. (TSX-V:SNG) ("Silver Range") announces the closing of the initial tranche of the non-brokered private placement originally announced on August 30, 2023. The initial tranche consisted of the issuance of 825,000 units at a price of $0.10 per unit, for total proceeds of up to $82,500, with each unit consisting of one common share and one non-transferable share purchase warrant. Each warrant entitles the holder to purchase one additional common share at a price of $0.15 until October 10, 2025, provided that in the event the closing market price of Silver Range's shares is equal to or greater than $0.20 for a period of 10 consecutive trading days subsequent to the expiry of the statutory hold period, Silver Range will have the right to provide all warrantholders with notice that the expiry date for the warrants has been shortened to 30 calendar days from the giving of such notice.
溫哥華，BC/ACCESSWIRE/2023年10月10日/Silver Range Resources Ltd.(多倫多證券交易所股票代碼：SNG)(“Silver Range”)宣佈結束最初於2023年8月30日宣佈的非經紀私募的首批發行。第一批包括以每單位0.10美元的價格發行825,000個單位，總收益最高可達82,500美元，每個單位包括一個普通股和一個不可轉讓的股份購買權證。每份認股權證使持有人有權在2025年10月10日前以0.15美元的價格額外購買一股普通股，但倘若Silver Range的股份在法定持有期屆滿後連續10個交易日的收市價等於或大於0.20美元，Silver Range將有權向所有認股權證持有人發出通知，通知認股權證的到期日已縮短至自發出該通知起計的30個歷日。
All of the securities issued pursuant to the initial tranche including any common shares that may be issued pursuant to the exercise of the warrants, are subject to a hold period in Canada until February 11, 2024.
根據第一批發行的所有證券，包括根據認股權證的行使可能發行的任何普通股，在加拿大的持有期至2024年2月11日。
The proceeds from this private placement will be used to finance further exploration in the southwestern United States and for working capital purposes.
此次定向增發所得資金將用於美國西南部的進一步勘探以及營運資金用途。
Insiders of Silver Range subscribed for 500,000 units pursuant to the initial tranche. This participation constituted a related party transaction within the meaning of TSX-V Policy 5.9 and Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Silver Range has relied 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) in respect of the related party participation in the private placement, as neither the fair market value (as determined under MI 61-101) of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involved interested parties, exceeded 25% of Silver Range's market capitalization (as determined under MI 61-101).
Silver Range的內部人士根據首批認購了500,000個單位。這種參與構成了多倫多證券交易所第五號政策5.9和多邊文書61-101--保護特殊交易中的少數群體擔保持有人(“MI 61-101”)所指的關聯方交易。Silver Range乃依據第5.5(A)及5.7(1)(A)節所載有關關聯方參與私募的MI61-101的正式估值及少數股東批准規定的豁免，因為該交易標的的公平市價(根據MI61-101釐定)或其代價的公平市價(就涉及利害關係方而言)均不超過Silver Range市值的25%(根據MI61-101釐定)。
Silver Range has also applied to the TSX Venture Exchange for an extension in respect of the closing of the final tranche, which is expected to close on or before November 13, 2023.
Silver Range還向多倫多證券交易所創業板申請延長最後一批的結束時間，預計最終部分將於2023年11月13日或之前結束。
About Silver Range Resources Ltd.
關於Silver Range Resources Ltd.
Silver Range is a precious metals prospect generator working in the southwestern United States and northern Canada. It has assembled a portfolio of 42 properties, 14 of which are currently optioned to others. Four other projects have been converted to royalty interests. Silver Range is actively seeking other joint venture partners to explore the high-grade precious metal targets in its portfolio.
Silver Range是一家貴金屬遠景生產商，在美國西南部和加拿大北部工作。它已經組建了42個物業組合，其中14個目前被其他公司選中。另外四個專案已被轉換為特許權使用費權益。Silver Range正在積極尋找其他合資夥伴，以探索其投資組合中的高品位貴金屬目標。
The securities referred to in this news release have not been, 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 absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.
本新聞稿中提及的證券沒有，也不會根據修訂後的1933年《美國證券法》進行註冊，如果沒有在美國註冊或沒有美國註冊要求的適用豁免，不得在美國境內或向美國人提供或出售，或為美國人的賬戶或利益而提供或銷售。本新聞稿不構成出售證券的要約，也不招攬購買任何證券的要約。在美國，任何公開發行證券都必須通過招股說明書的方式進行，招股說明書中包含公司和管理層的詳細資訊，以及財務報表。
ON BEHALF OF SILVER RANGE RESOURCES LTD.
我代表銀嶺資源有限公司。
"Mike Power"
“Mike的力量”
President and CEO
總裁與首席執行官
For further information concerning Silver Range or its exploration projects please contact:
有關Silver Range或其勘探專案的更多資訊，請聯繫：
Investor Inquiries |
投資者問詢 |
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。
This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ materially from the expected results.
本新聞稿可能包含基於管理層對未來事件或結果的假設和判斷的前瞻性陳述，這些事件或結果可能由於勘探和其他超出其控制範圍的風險因素而被證明是不準確的，實際結果可能與預期結果大不相同。
SOURCE: Silver Range Resources Ltd.
資料來源：銀嶺資源有限公司。
譯文內容由第三人軟體翻譯。