Elcora Announces Closing of Private Placement of Convertible Promissory Note
Elcora Announces Closing of Private Placement of Convertible Promissory Note
HALIFAX, Nova Scotia, May 16, 2024 (GLOBE NEWSWIRE) -- ELCORA ADVANCED MATERIALS CORP. (TSX.V:ERA | Frankfurt:ELM | OTCQB – ECORF), (the "Company" or "Elcora"), a leading battery metals exploration company, announces that the Company has closed a private placement of an 8% interest bearing, unsecured, convertible promissory note in the principal amount of CDN$102,750 (the "Private Placement").
新斯科舍省哈利法克斯，2024年5月16日（GLOBE NEWSWIRE）— ELCORA ADVANCED MATERIALS CORP.領先的電池金屬勘探公司（TSX.V: ERA | 法蘭克福：ELM | OTCQB — ECORF）（“公司” 或 “Elcora”）宣佈，該公司已完成本金爲102,750加元的8％計息、無抵押的可轉換本票的私募配售（“私募配售”）。
The convertible promissory note has a maturity date of September 27, 2024, and the principal amount may be converted in whole or in part into fully paid and non-assessable common shares (the "Common Shares") in the capital of the Company at a conversion price of CDN$0.05 per Common Share, resulting in the issuance of up to 2,055,000 Common Shares upon the conversion of the convertible promissory note in accordance with its terms. Any accrued and unpaid interest may be converted into additional Common Shares under a subsequent shares-for-debt filing with the TSX Venture Exchange, which will also be subject to TSX Venture Exchange acceptance at such time.
可轉換本票的到期日爲2024年9月27日，本金可以全部或部分轉換爲公司資本中已全額支付和不可估稅的普通股（“普通股”），轉換價格爲每股普通股0.05加元，從而在根據其條款轉換可轉換本票後最多發行2,055,000股普通股。根據隨後向多倫多證券交易所風險交易所風險交易所申報的股份換債申請，任何應計和未付利息均可轉換爲額外的普通股，屆時多倫多證券交易所風險交易所也將接受多倫多證券交易所風險交易所的接受。
The Company intends to use the net proceeds for general working capital purposes. All securities issued pursuant to the Private Placement will be subject to a statutory hold period of four months plus a day from issuance in accordance with applicable securities laws. Closing of the Offering is subject to receipt of all necessary regulatory approvals and final acceptance by the TSX Venture Exchange.
公司打算將淨收益用於一般營運資金用途。根據適用的證券法，所有根據私募發行的證券將有四個月加一天的法定持有期。本次發行的結束取決於獲得所有必要的監管批准和多倫多證券交易所風險交易所的最終接受。
About Elcora Advanced Materials Corp.
Elcora was founded in 2011 and has been structured to become a vertically integrated battery material company. Elcora can process, refine, and produce battery related minerals and metals. As part of the vertical integration strategy Elcora has developed a cost-effective process to purify high-quality battery metals and minerals that are commercially scalable. This combination means that Elcora has the tools and resources for vertical integration of the battery minerals and metals industry.
關於艾爾科拉先進材料公司
Elcora成立於2011年，現已發展成爲一家垂直整合的電池材料公司。Elcora 可以加工、提煉和生產與電池相關的礦物和金屬。作爲縱向整合戰略的一部分，Elcora開發了一種具有成本效益的工藝，用於提純具有商業可擴展性的高質量電池金屬和礦物。這種組合意味着Elcora擁有電池礦物和金屬行業縱向整合的工具和資源。
For further information please contact: Troy Grant, Director, President & CEO, Elcora Advanced Materials Corp., T: +1 902 802-8847
欲了解更多信息，請聯繫：Troy Grant，Elcora Advanced Materials Corp. 董事、總裁兼首席執行官，電話：+1 902 802-8847
For further information please visit the company's website at:
欲了解更多信息，請訪問該公司的網站：
CAUTIONARY STATEMENT:
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Neither 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. No stock Exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Elcora, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Elcora's expectations are exploration risks detailed herein and from time to time in the filings made by Elcora with securities regulators.
警示聲明：
多倫多證券交易所風險交易所對本新聞稿的充分性或準確性不承擔任何責任。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）均不對本新聞稿的充分性或準確性承擔責任。沒有任何證券交易所、證券委員會或其他監管機構批准或不批准此處包含的信息。
本新聞稿包括某些 “前瞻性陳述”。除歷史事實陳述外，本新聞稿中包含的所有陳述，包括但不限於有關潛在礦化和儲量、勘探結果以及Elcora未來計劃和目標的陳述，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可能與此類聲明中的預期有重大差異。可能導致實際結果與Elcora的預期存在重大差異的重要因素是此處詳細介紹的勘探風險，以及Elcora向證券監管機構提交的文件中不時詳述的勘探風險。
Investors are cautioned that, except as disclosed in the filing statement prepared in connection with the transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon.
提醒投資者，除非在爲交易準備的申報聲明中披露的內容，否則發佈或收到的有關該交易的任何信息可能不準確或不完整，不應作爲依據。
譯文內容由第三人軟體翻譯。