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Meryllion Announces Cancellation of Stock Options and Proposed Shares-for-Debt Settlement

Meryllion Announces Cancellation of Stock Options and Proposed Shares-for-Debt Settlement

Meryllion 宣佈取消股票期權並提議以股換債和解
newsfile ·  03/12 02:45

Vancouver, British Columbia--(Newsfile Corp. - March 11, 2024) - Meryllion Resources Corporation (CSE: MYR) ("Meryllion" or the "Company") announces that it has cancelled an aggregate of 2,290,000 stock options of the Company. Of the cancelled options, an aggregate of 1,340,000 were exercisable at exercise prices of $0.105 to $0.115 until May 27, 2026, and an aggregate of 950,000 were exercisable at exercise prices of $0.105 to $0.115 until September 26, 2027. All of the options were voluntarily surrendered by the holders thereof for no consideration.

不列顛哥倫比亞省溫哥華--(Newsfile Corp.,2024 年 3 月 11 日)-Meryllion Resources Corporation(CSE:MYRMeryllion“或者”公司“)宣佈已取消該公司共計2290,000份股票期權。在取消的期權中,在2026年5月27日之前,共有134萬份可按0.105美元至0.115美元的行使價行使,在2027年9月26日之前,共有95萬份可按0.105美元至0.115美元的行使價行使。所有期權都是其持有人自願交出的,沒有對價。

The Company also wishes to announce that it intends to complete a shares-for-debt transaction with its Chief Financial Officer to settle $10,000 of accrued salary through the issuance of 200,000 common shares in the capital stock of Meryllion (the "Shares") at a deemed issue price of $0.05 per Share. Completion of the debt settlement is subject to the receipt of all necessary regulatory approvals, including from the Canadian Securities Exchange (the "CSE"). The Shares to be issued will be subject to a hold period of four months and one day from the date of issuance, in accordance with applicable securities laws.

該公司還希望宣佈,它打算與其首席財務官完成一項以股換債的交易,通過發行Meryllion的20萬股普通股來結算1萬美元的應計工資(”股份“)的認定發行價格爲每股0.05美元。債務清算的完成須獲得所有必要的監管部門的批准,包括加拿大證券交易所(”案例“)。根據適用的證券法,將要發行的股票的持有期爲自發行之日起四個月零一天。

The issuance of the Shares pursuant to the shares-for-debt transaction constitutes a "related party transaction" as such term is defined by Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company expects to rely on the exemptions from the valuation and minority shareholder approval requirements for related party transactions in connection with the issuance of the Shares that are set out in sections 5.5(a) and 5.7(1)(a) of MI 61-101 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 issuance of the Shares, exceeds 25% of the Company's market capitalization (as determined under MI 61-101).

根據股份換債務交易發行股份構成 “關聯方交易”,該術語的定義爲 61-101號多邊文書-在特殊交易中保護少數證券持有人 (”MI 61-101“)。公司預計將依賴密歇根州61-101第5.5(a)和5.7(1)(a)節中規定的與股票發行相關的關聯方交易的估值豁免和少數股東批准要求,因爲標的的的的公允市場價值(根據MI 61-101確定)和股票發行對價的公允市場價值均不超過公司市場的25% 大小寫(根據密歇根州61-101確定)。

For further information, please contact:

欲了解更多信息,請聯繫:

Mr. Richard Revelins
Director and Chief Executive Officer
Meryllion Resources Corporation

理查德·雷夫林斯先生
董事兼首席執行官
Meryllion 資源公司

Investor Relations
Jorge@jeminicapital.com
+1-647-725-3888 ext. 704

投資者關係
Jorge@jeminicapital.com
+1-647-725-3888 分機 704

+1-310-405-4475
rrevelins@peregrinecorporate.com

+1-310-405-4475
rrevelins@peregrinecorporate.com

Forward-Looking Statements

前瞻性陳述

Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such.

根據適用的證券法,本新聞稿中提供的信息可能涉及前瞻性陳述。本警示性陳述明確限制了此處包含的前瞻性陳述的全部內容。本文件中包含的前瞻性陳述自本文件發佈之日起作出,除非適用的證券立法明確要求,否則公司不打算或義務更新或修改任何前瞻性陳述,無論是由於新信息、未來事件還是其他原因。儘管管理層認爲此類前瞻性陳述中代表的預期是合理的,但無法保證此類預期會被證明是正確的。本新聞稿不構成出售要約或招攬購買此處所述任何證券的要約,因此不應過度依賴此類要約。

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

CSE及其監管服務提供商(該術語在CSE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。


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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