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Storm Exploration Announces Shares for Debt Transaction

Storm Exploration Announces Shares for Debt Transaction

Storm Exploration宣佈股票進行債務交易
Accesswire ·  03/01 21:00

VANCOUVER, BC / ACCESSWIRE / March 1, 2024 / Storm Exploration Inc. (TSXV:STRM) ("Storm" or the "Company") today announced that it intends to settle an aggregate of $219,000 of indebtedness (the "Debt") owed to certain arm's length and non-arm's length creditors through the issuance of an aggregate of 4,380,000 common shares at a deemed price of $0.05 per common share (the "Transaction"). The Transaction is subject to acceptance by the TSX Venture Exchange. Completion of the Transaction will allow the Company to improve its working capital deficiency position and the independent directors of the Company believe the Transaction is in the best interests of the Company.

不列顛哥倫比亞省溫哥華/ACCESSWIRE/2024年3月1日/Storm Exploration Inc.(多倫多證券交易所股票代碼:STRM)(“Storm” 或 “公司”)今天宣佈,它打算通過以每股普通股0.05美元的認定價格發行共計4,38萬股普通股,來償還欠某些獨立債權人和非獨立債權人的總額21.9萬美元的債務(“債務”)(“交易”)”)。該交易須經多倫多證券交易所風險交易所接受。交易的完成將使公司能夠改善其營運資金短缺狀況,公司的獨立董事認爲該交易符合公司的最大利益。

The insider portion of the debt settlement being an aggregate of $160,000 indebtedness is exempt from the valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 ("MI 61-101") by virtue of the exemptions contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in that the fair market value of the consideration for the securities of the Company to be issued to insiders does not exceed 25% of its market capitalization. All common shares issued to settle the Debt will be subject to a hold period of four months and one day from the date of issuance.

由於MI 61-101第5.5(a)和5.7(1)(a)節中包含的豁免,債務清算的內幕部分是總額爲16萬美元的債務,因此不受多邊文書61-101(“MI 61-101”)的估值和少數股東批准要求的約束,因爲公司向內部人士發行證券的對價的公允市場價值不超過其市值的25%。自發行之日起,爲清償債務而發行的所有普通股將有四個月零一天的持有期。

About Storm Exploration Inc.

關於風暴勘探公司

Storm Exploration Inc. is a Canadian mineral exploration company focused on the discovery and development of economic precious and base metal deposits on five district-scale projects in Canada: Miminiska, Toogood, Keezhik, Attwood and Gold Standard.

Storm Exploration Inc. 是一家加拿大礦產勘探公司,專注於在加拿大的五個地區規模項目中發現和開發經濟貴金屬和賤金屬礦牀:米米尼斯卡、圖古德、基吉克、阿特伍德和金標準。

For further information, please contact:
Storm Exploration Inc.
+1 (604) 506-2804
bcounts@stormex.ca

欲了解更多信息,請聯繫:
風暴勘探公司
+1 (604) 506-2804
bcounts@stormex.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.

多倫多證券交易所風險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交易所的政策中定義)均未審查本新聞稿的充分性或準確性,也未承擔責任。

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS:

關於前瞻性陳述的警示性聲明:

This news release includes certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian and United States securities legislation. Forward-looking statements include: predictions, projections, outlook, guidance, estimates and forecasts and other statements regarding the Transaction, including the terms, timing and completion thereof. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "forecast", "expect", "potential", "project", "target", "schedule", "budget" and "intend" and statements that an event or result "may", "will", "should", "could", "would" or "might" occur or be achieved and other similar expressions and includes the negatives thereof. All statements other than statements of historical fact included in this news release, are forward-looking statements that involve various risks and uncertainties and there can be no assurance that such statements will prove to be accurate and actual results and future events, including, among other things, completion of the Transaction on the terms or on the timeline as announced or at all, results of exploration, project development, reclamation and capital costs of Storm's mineral properties, and financial condition and prospects, could differ materially from those currently anticipated in such statements for, could differ materially from those anticipated in such statements for many reasons such as: an inability to complete the agreement on the terms as announced or at all; changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with Storm's activities; and other matters discussed in this news release and in filings made with securities regulators. This list is not exhaustive of the factors that may affect any of Storm's forward-looking statements.

本新聞稿包括適用的加拿大和美國證券立法所指的某些 “前瞻性信息” 和 “前瞻性陳述”(統稱爲 “前瞻性陳述”)。前瞻性陳述包括:有關交易的預測、預測、展望、指導、估計和預測以及其他陳述,包括交易的條款、時間和完成情況。前瞻性陳述通常使用 “尋求”、“預測”、“相信”、“計劃”、“估計”、“預測”、“預期”、“潛在”、“項目”、“目標”、“時間表”、“預算” 和 “打算” 等詞語來識別,並陳述某一事件或結果 “可能”、“將”、“應該”、“可以”、“會” 或 “可能” 出現或實現以及其他類似的表述,包括其否定詞。除本新聞稿中包含的歷史事實陳述外,所有陳述均爲前瞻性陳述,涉及各種風險和不確定性,無法保證此類陳述會被證明是準確的,實際結果和未來事件,包括按宣佈的條款或時間表完成交易,或根本沒有變化,Storm礦產的勘探、項目開發、開墾和資本成本以及財務狀況和前景可能存在重大差異來自目前此類報表中的預期可能與此類聲明中的預期有重大差異,原因有很多,例如:無法按照宣佈的條款或根本無法完成協議;總體經濟狀況和金融市場狀況的變化;礦產需求和價格的變化;訴訟、立法、環境和其他司法、監管、政治和競爭發展;與Storm的活動相關的技術和運營困難;以及其他事項在本新聞稿和向證券監管機構提交的文件中進行了討論。該清單並未詳盡列出可能影響Storm任何前瞻性陳述的因素。

The Company's forward-looking statements are based on the opinions and estimates of management and reflect their current expectations regarding future events and operating performance and speak only as of the date such statements are made. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ from those described in forward- looking statements. Storm does not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or opinions should change other than as required by applicable law. There can be no assurance that forward-looking statements will prove to be accurate and accordingly readers are cautioned not to place undue reliance on forward-looking statements.

公司的前瞻性陳述基於管理層的觀點和估計,反映了他們當前對未來事件和經營業績的預期,僅代表截至此類陳述發表之日。儘管公司試圖確定可能導致實際行動、事件或結果與前瞻性陳述中描述的有所不同的重要因素。如果情況或管理層的信念、期望或觀點發生變化,除非適用法律要求,否則Storm不承擔任何更新前瞻性陳述的義務。無法保證前瞻性陳述會被證明是準確的,因此提醒讀者不要過分依賴前瞻性陳述。

SOURCE: Storm Exploration Inc.

來源:暴風探索公司


譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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