Sonoran Desert Copper Corporation Memorandum of Understanding With Envirotek Remediation Inc
Sonoran Desert Copper Corporation Memorandum of Understanding With Envirotek Remediation Inc
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2024) - Sonoran Desert Copper Corporation (TSXV: SDCU) ("SDCU'' or the "Company") is pleased to announce that the Company has executed a Memorandum of Understanding (MOU), dated February 26, 2024, with Envirotek Remediation Inc. (ETK). Under the terms of the MOU, SDCU and ETK agree to collaborate jointly on developing and commercializing proprietary ETK solutions for the Mining Industry. This includes bioleaching solutions for extracting metal from low grade ores and mining waste streams and polymer encapsulation solutions for the remediation of tailings to aggregates and other industrial end uses. Upon successful completion of the development programs and subject to the required approvals of both Parties, a special purpose vehicle (SPV) will be formed, and a shareholders' agreement will be signed by the Parties for the purpose of commercializing the ETK solutions into the Mining Industry.
不列顛哥倫比亞省溫哥華--(Newsfile Corp.-2024 年 2 月 27 日)- 索諾蘭沙漠銅業公司(多倫多證券交易所股票代碼:SDCU) (”SDCU“或者”公司“)高興地宣佈,公司已於2024年2月26日與環境修復公司(ETK)簽署了諒解備忘錄(MOU)。根據諒解備忘錄的條款,SDCU和ETK同意共同合作開發和商業化採礦業專有的ETK解決方案。這包括用於從低品位礦石和採礦廢物流中提取金屬的生物浸出解決方案,以及用於修復尾礦成骨料和其他工業終端用途的聚合物封裝解決方案。成功完成開發計劃後,將形成特殊用途工具(SPV),雙方將簽署股東協議,以將ETK解決方案商業化到採礦業。
ABOUT ENVIROTEK REMEDIATION
關於 ENVIROTEK 補救措施
Envirotek Remediation Inc. has invested approximately CA$4.0 million into research and development and related expenditures on remediation solutions for industrial waste streams. These proprietary technologies are industrial waste stream encapsulation and bioleaching solutions. ETK's encapsulation process transforms industrial waste streams like mine tailings materials through proprietary polymerization into disposable and/or reusable materials. These outputs can then be repurposed to aggregates and other industrial end uses. ETK has also developed solutions for the bioleaching of industrial waste streams using microbes. The bacteria are stimulated in the ETK lab to promote more robust growth and utilize the industrial waste streams as a source of food and energy. ETK and SDCU operate and will continue to operate as independent companies, although certain Directors of SDCU are co-founders, investors and principals of ETK.
Envirotek Remeness Inc.已投資約400萬加元,用於工業廢物流修復解決方案的研發和相關支出。這些專有技術是工業廢物流封裝和生物滲濾解決方案。ETK的封裝工藝通過專有聚合將礦山尾礦材料等工業廢物流轉化爲一次性和/或可重複使用的材料。然後,這些產出可以重新用於骨料和其他工業最終用途。ETK還開發了利用微生物對工業廢物進行生物滲濾的解決方案。ETK實驗室對這些細菌進行了刺激,以促進更強勁的生長,並利用工業廢物作爲食物和能量的來源。儘管SDCU的某些董事是ETK的聯合創始人、投資者和負責人,但ETK和SDCU仍將作爲獨立公司運營。
PRIVATE PLACEMENT FINANCING OF UNITS
單位的私募融資
As previously announced, the Company is offering up to 10,000,000 Units priced at $0.10, for aggregate gross proceeds of up to $1,000,000. Each of the Units will consist of one common share of the Company and one common share purchase warrant, with each warrant being exercisable for an additional common share at an exercise price of $0.25 for 24 months. The Warrants are subject to the right of the Company to accelerate the exercise period if, after the expiration of the 4-month hold, shares of the Company close at or above $0.50 for 10 consecutive trading days. Finders' fees in accordance with TSX Venture Exchange policies may apply to the Financing and all securities issued will be subject to a statutory four-month hold period. Proceeds from the Financing will be used for general working capital, the continuing development of the 4H Copper Project, and advancing further opportunities in the Mining Industry.
正如先前宣佈的那樣,該公司將以0.10澳元的價格提供多達1,000萬個單位,總收益高達100萬美元。每個單位將由公司的一股普通股和一份普通股購買權證組成,每份認股權證可行使額外普通股,行使價爲0.25美元,爲期24個月。如果在4個月持有期限到期後,公司股票連續10個交易日收於0.50美元或以上,則認股權證有權加快行使期。根據多倫多證券交易所風險交易所的政策,發現者費用可能適用於融資,所有發行的證券將受四個月的法定持有期的約束。融資所得款項將用於一般營運資金、4H銅項目的持續開發以及爲採礦業創造更多機會。
ABOUT SONORAN DESERT COPPER CORPORATION
關於索諾蘭沙漠銅業公司
Sonoran Desert Copper Corporation is focused on securing, developing and monetizing assets in the copper sector to build shareholder value.
索諾蘭沙漠銅業公司專注於保護、開發和貨幣化銅業資產,以創造股東價值。
On behalf of the Board of Directors of
SONORAN DESERT COPPER CORPORATION
代表董事會
索諾蘭沙漠銅業公司
"Brian Leeners"
“Brian Leeners”
Brian Leeners, CEO & Director
brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)
Brian Leeners,首席執行官兼董事
brianleeners@gmail.com/+1 604-862-4184 (WhatsApp)
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
爲了確保本新聞稿的充分性或準確性
The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements."
此處包含的信息包含適用證券立法所指的 “前瞻性陳述”。前瞻性陳述涉及基於管理層假設、未來業績預測和尚未確定的金額估計的信息。任何表達預測、預期、信念、計劃、預測、目標、假設或未來事件或業績的陳述都不是歷史事實陳述,可能是 “前瞻性陳述”。
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.
多倫多證券交易所風險投資交易所及其監管服務提供商(該術語在多倫多證券交易所風險投資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。
譯文內容由第三人軟體翻譯。