Quebec Pegmatite and Coloured Ties Announce Debt Settlement
Quebec Pegmatite and Coloured Ties Announce Debt Settlement
Vancouver, British Columbia--(Newsfile Corp. - May 24, 2024) - QUEBEC PEGMATITE HOLDINGS CORP. (CSE: QBC) (OTC Pink: WPNNF) ("QPC") and Coloured Ties Capital Inc. (TSXV: TIE) ("Coloured Ties"), are pleased to announce that they intend to settle an aggregate of $1,200,000 of indebtedness owed by QPC to Coloured Ties through the transfer of 6,666,666 shares of Superior Mining International Corporation (the "Superior Shares") held by QPC to Coloured Ties (the "Debt Settlement"). The Superior Shares are listed on the TSX Venture Exchange (the "TSXV") under the trading symbol V.SUI. The Debt Settlement is subject to TSXV and Canadian Securities Exchange approvals.
溫哥華，不列顛哥倫比亞省--（新聞發佈公司-2024 年 5 月 24 日）QUEBEC PEGMATITE HOLDINGS CORP. 董事會。(CSE：QBC）（場外交易：WPNNF) ("QPC1,099,000盎司黃金Coloured Ties Capital Inc.（TSXV：TIE） ("Coloured Ties非常高興地宣佈，他們打算通過將QPC持有的6,666,666股Superior Mining International Corporation（ "Superior Shares" ）轉讓給Coloured Ties（ "交易方" ），以清償QPC欠Coloured Ties的1,200,000美元的債務。Superior Shares在TSX Venture Exchange下（ "TSXV "）上市，交易符號爲V.SUI。債務償還須經TSXV和加拿大證券交易所批准。Superior Shares交易方債務結算。 Superior Shares在TSX Venture Exchange（ "TSXV"）上市，交易符號爲V.SUI。TSXVTSXV
The Debt Settlement constitutes a "related party transaction" as defined in Multilateral Instrument 61-101 - Protection of Minority Securityholders in Special Transactions ("MI 61-101") as Coloured Ties is a control person of QPC. QPC is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(b) and 5.7(e) of MI 61-101, as QPC is in financial difficulty and the transaction is designed to improve the financial position of the Company, as determined in accordance with MI 61-101. Coloured Ties is relying on the exemptions from valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(a) of MI 61-101, as the Debt Settlement does not exceed 25% of Coloured Ties' market capitalization.
債務償還構成"關聯交易"，如多邊法令61-101 -"保護少數股東在特定交易中的權益"所定義Coloured Ties是QPC的控股人，因此需要滿足衆多監管政策和指導，例如多邊法令61-101 - "保護少數股東在特定交易中的權益"，QPC正在依據該條款的估值和少數股東批准要求的豁免條款中的5.5（b）和5.7（e）進行交易。撈財運處於財務困境中，該交易是按照61-101所確定的改善公司財務狀況的交易。Coloured Ties正在依據豁免條款5.5（a）和5.7（a）從估值和少數股東批准要求中獲得豁免，因爲債務償還不超過Coloured Ties市值的25％。 ("mi 61-101。負責債務償還的董事會成員都是獨立董事，不在交易範疇內。未成立特別委員會與債務償還有關。
The Debt Settlement was approved by the members of the board of directors of QPC who are independent for the purposes of the Debt Settlement, being all directors other than Mr. Mike Stier Mr. Kulwant Malhi. No special committee was established in connection with the Debt Settlement.
關於魁北克鉀長石控股有限公司：
About Quebec Pegmatite Holdings Corp.:
魁北克鉀長石控股公司是一家北美初創採礦勘探公司，專注於鋰業務，並擁有位於James Bay和Mazérac地區的兩個鋰礦物業，總面積約爲303 km2。Vieux Comptoir礦產位於Patriot Battery Metals公司Corvette項目以東約45公里，以及Winsome Resources公司Adina項目以西約45公里，另在控股公司Superior Mining International Corporation的期權下。詳見2022年12月7日新聞稿。Mazérac礦產位於Val-d'Or西南約50公里處，靠近Vision Lithium的Cadillac礦產和Winsome Resources的Decelles礦產。
Quebec Pegmatite Holdings Corp. is a North American junior mining exploration company that specializes in lithium and owns 100% of two lithium properties which properties are located in the James Bay and Mazérac regions, covering approximately 303 km2. The Vieux Comptoir property is located approximately 45km east of the Patriot Battery Metals Corvette Project and 45km west of Winsome Resources, Adina project and I s under Option to Superior Mining International Corporation. See News Release dated December 7, 2022. The Mazérac property is located about 50km southwest of Val-d'Or and is located near Vision Lithium's Cadillac property and Winsome Resources' Decelles property.
關於Coloured Ties Capital Inc.：
ABOUT COLOURED TIES CAPITAL INC.
Coloured Ties是一家公開交易的加拿大創業投資公司，專注於各行業初創公司的早期投資和突破性和顛覆性技術。Coloured Ties的投資策略是在多個行業中早期投資於多個私人和公共公司，並在全球推進有前途的投資項目。Coloured Ties早期介入有前途的項目，成爲創始或早期投資者，並可向投資者提供諮詢服務和公司的生態系統接入。
Coloured Ties is a publicly traded Canadian-based venture capital firm focused on early-stage investments in companies in the junior resources and break-through and disruptive technologies. Coloured Ties investment strategy is to invest early in multiple private and public companies across a variety of sectors that merit investments to advance promising ventures globally. Coloured Ties invests early stage, in promising projects where it can be the Founding or Early-Stage investor and can additionally provide investees with advisory services and access to the Company's ecosystem.
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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
TSX Venture Exchange及其監管服務提供商（如TSX Venture Exchange政策中定義的那樣）均不對本發佈內容的充分性或準確性承擔責任。
ON BEHALF OF QUEBEC PEGMATITE HOLDINGS CORP. AND COLOURED TIES CAPITAL INC.
代表魁北克鉀長石控股公司和Coloured Ties Capital Inc.：
Mike Stier
CEO and Director
E: mike@quebecpegmatite.com
Mike Stier
首席執行官和董事
電子郵件：mike@quebecpegmatite.com
Kal Malhi
Chief Executive Officer
E: kal@bullruncapital.ca
Ph: 604-805-4602
Kal Malhi
首席執行官
郵箱: kal@bullruncapital.ca
電話: 604-805-4602
譯文內容由第三人軟體翻譯。