General Copper Gold Completes First Option Earn-In Conditions Earning 50.1% of Topley Richfield Property
General Copper Gold Completes First Option Earn-In Conditions Earning 50.1% of Topley Richfield Property
Vancouver, British Columbia--(Newsfile Corp. - November 10, 2023) - General Copper Gold Corp. (CSE: GGLD) (OTCQB: GNRGF) (FSE: 7S50) (the "Company") is pleased to announce that, pursuant to the option agreement entered into with Deep Blue Trading Inc. (announced July 20, 2021), and subsequently amended and assigned to Vertigo Partners Ltd. (the "Option Agreement"), the Company has completed the first option earn-in conditions, becoming the beneficial owner of an undivided 50.1% earned interest in and to the copper-gold Topley Richfield property (the "Property").
不列顛哥倫比亞省溫哥華--（Newsfile Corp.，2023 年 11 月 10 日）-通用銅金公司（CSE：GGLD）（場外交易代碼：GNRGF）（FSE：7S50）（the”公司“）欣然宣佈，根據與深藍貿易公司簽訂的期權協議（2021年7月20日宣佈），隨後修訂並分配給Vertigo Partners Ltd.（“期權協議”），公司已完成第一期權收益條件，成爲託普利·裏奇菲爾德銅金地產（“財產”）不可分割的50.1％利息的受益所有人。
In exchange for the first 50.1% interest in the Property, and pursuant to the terms of the Option Agreement, the Company has issued 4 million common shares to Vertigo Partners Ltd., which has satisfied the remaining conditions of the first option earn-in conditions.
作爲該物業首批50.1％的權益的交換，根據期權協議的條款，公司已向Vertigo Partners Ltd. 發行了400萬股普通股，該公司滿足了第一期權收益條件的剩餘條件。
The Property is located in the Omineca Mining Division of British Columbia and is 60km ESE from Smithers. It is accessible by road, power runs through the western side of the Property and the village of Topley is less than 10km away. The Property covers 2,313 hectares and is comprised of seven contiguous claims. Previous exploration has focused on expanding the known mineralization.
該物業位於不列顛哥倫比亞省的奧米內卡礦業部，距離史密瑟斯東南60公里。可通過公路進入，電力貫穿該物業的西側，距離託普利村不到10公里。該物業佔地2313公頃，由七個毗連的土地所有權組成。先前的勘探側重於擴大已知的礦化。
Under the terms of the Option Agreement, the Company can earn up to a 100% interest in the Property by issuing a total of 12 million common shares and $215,000 in cash payments pursuant to the schedule outlined below:
根據期權協議的條款，公司可根據下述時間表發行總計1200萬股普通股和21.5萬美元現金支付，從而獲得高達100％的房產權益：
| # of Shares | Cash Payments | |||||
| 2,000,000 | $200,000 | Within 10 days of signing Agreement (paid & issued July 22, 2021) | ||||
| 4,000,000 | - | On or before December 20, 2023 to earn 50.1% (issued November 10, 2023) (the "First Option Earn-In Deadline") | ||||
| 2,000,000 | - | Within 45 days of the First Option Earn-In Deadline, to earn an additional 16.9% (the "Second Option Earn-In Deadline") | ||||
| 4,000,000 | $15,000 | On or before 12 months from the Second Option Earn-In Deadline to earn an additional 33% | ||||
| 12,000,000 | $215,000 | |||||
| 股票數量 | 現金支付 | |||||
| 2,000,000 | 200,000 美元 | 在簽署協議後的 10 天內（已付款並於 2021 年 7 月 22 日簽發） | ||||
| 4,000,000 | - | 在 2023 年 12 月 20 日當天或之前賺取 50.1%（2023 年 11 月 10 日發佈）（“第一期權收益截止日期”） | ||||
| 2,000,000 | - | 在第一期權收益截止日期後的45天內，額外賺取16.9％（“第二期權收益截止日期”） | ||||
| 4,000,000 | 15,000 美元 | 在第二期權獲利截止日期後的12個月內或之前，可額外獲得33％的收益 | ||||
| 12,000,000 | 21.5 萬美元 | |||||
The exercise of the options (and the payments and share issuances at each tranche) are at the discretion of the Company. If the Company exercises the first option, second option or third option, as applicable, and makes all required payments and issuances thereunder, it will have earned the interest subject to such option.
期權的行使（以及每批的付款和股票發行）由公司自行決定。如果公司行使第一期權、第二期權或第三種期權（視情況而定），並根據該期權支付所有必要的款項和發行，則該公司將獲得該期權所規定的利息。
All shares issued are subject to a hold period of 4 months and one day from the date of issuance.
所有已發行股票的持有期爲4個月零一天，自發行之日起。
About General Copper Gold Corp.
關於通用銅金公司
General Copper Gold Corp. is an independent mineral exploration company based in Vancouver, British Columbia that is engaged in the business of exploring for and evaluating mineral properties.
General Copper Gold Corp. 是一家總部位於不列顛哥倫比亞省溫哥華的獨立礦產勘探公司，從事礦產勘探和評估業務。
General Copper Gold is currently exploring the 2,313 hectare Topley Richfield copper-gold property in British Columbia. Topley Richfield is a historic mining area with previous work carried out in 2008, 2015 as well as geophysical surveys in 2021. There are significant historical drilling intercepts and the 2021 geophysics has highlighted further key highly prospective areas that have yet to be explored. Multiple drill targets have already been identified by the Company.
General Copper Gold目前正在不列顛哥倫比亞省勘探佔地2313公頃的託普利·裏奇菲爾德銅金礦產。託普利裏奇菲爾德是一個歷史悠久的礦區，此前的工作是在2008年、2015年進行的，地球物理調查是在2021年進行的。歷史上有大量的鑽探截點，2021年地球物理學突顯了更多尚未勘探的關鍵極具前景的區域。該公司已經確定了多個鑽探目標。
For further information, please contact:
欲了解更多信息，請聯繫：
General Copper Gold Corp.
Michelle Gahagan, President
T: (604) 639-4452
E: mgahagan@intrepidfinancial.co.uk
通用銅金公司
米歇爾·加哈根，總統
T: (604) 639-4452
E: mgahagan@intrepidfinancial.co.uk
Reader Advisory
讀者諮詢
Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, forward-looking information in this press release includes, but is not limited to, statements with respect to the grant of incentive stock options. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.
除歷史事實陳述外，本新聞稿包含適用證券法所指的某些 “前瞻性信息”。前瞻性信息通常以 “計劃”、“期望”、“項目”、“打算”、“相信”、“預期”、“估計” 和其他類似詞語爲特徵，或者關於某些事件或條件 “可能” 或 “將” 發生的陳述。特別是，本新聞稿中的前瞻性信息包括但不限於與授予激勵性股票期權有關的聲明。儘管我們認爲前瞻性信息中反映的預期是合理的，但無法保證這種預期會被證明是正確的。我們無法保證未來的結果、表現或成就。因此，沒有跡象表明取得的實際結果將與前瞻性信息中列出的結果全部或部分相同。
Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause results to differ materially from those expressed in the forward-looking statements include, but are not limited to: the need to obtain required approvals from regulatory authorities; stock market volatility; volatility in market prices for commodities; and the other factors described in our public filings available at . Readers are cautioned that this list of risk factors should not be construed as exhaustive.
前瞻性信息基於陳述發表之日管理層的意見和估計，受各種風險和不確定性以及其他因素的影響，這些因素可能導致實際事件或結果與前瞻性信息中預期的事件或結果存在重大差異。可能導致結果與前瞻性陳述中表達的結果存在重大差異的一些風險和其他因素包括但不限於：需要獲得監管機構的必要批准；股市波動；大宗商品市場價格的波動；以及我們在公開文件中描述的其他因素，網址爲。提醒讀者，不應將這份風險因素清單解釋爲詳盡無遺。
The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.
本警示聲明明確限制了本新聞稿中包含的前瞻性信息。除非適用的證券立法另有要求，否則我們沒有義務更新任何前瞻性信息，以使此類信息與實際業績或我們的預期變化保持一致。提醒讀者不要過分依賴前瞻性信息。
The CSE has in no way passed upon the merits of the proposed transactions and neither has approved nor disapproved the contents of this press release.
CSE絲毫沒有透露擬議交易的是非曲直，也沒有批准或不批准本新聞稿的內容。
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