Appia Announces Non-Brokered Private Placement
Appia Rare Earths & Uranium Corp. (CSE: API) has announced a non-brokered private placement offering of up to 4,166,666 flow-through units at $0.12 per unit, aiming to raise up to $500,000. Each unit includes one flow-through common share and one warrant, with warrants exercisable at $0.15 for one year. The offering is scheduled to close on December 31, 2024.
Eligible finders will receive a 6% cash commission and broker warrants equal to 6% of placed units. The proceeds will be used for Canadian Exploration Expenses qualifying as flow-through critical mineral mining expenditures on the company's Saskatchewan properties. These expenses will be eligible for the critical mineral exploration tax credit.
Appia Rare Earths & Uranium Corp. (CSE: API) ha annunciato un'offerta di collocamento privato non intermediato fino a 4.166.666 unità flow-through a $0,12 per unità, con l'obiettivo di raccogliere fino a $500.000. Ogni unità comprende una azione comune flow-through e un warrant, con i warrant esercitabili a $0,15 per un anno. L'offerta è prevista per la chiusura il 31 dicembre 2024.
I ricercatori idonei riceveranno una commissione in contanti del 6% e warrant per intermediari pari al 6% delle unità collocate. I proventi saranno utilizzati per le spese di esplorazione in Canada che qualificano come spese di estrazione minerale critico flow-through sui beni dell'azienda in Saskatchewan. Queste spese saranno idonee per il credito d'imposta per l'esplorazione di minerali critici.
Appia Rare Earths & Uranium Corp. (CSE: API) ha anunciado una oferta de colocación privada no intermediada de hasta 4.166.666 unidades flow-through a $0,12 por unidad, con el objetivo de recaudar hasta $500.000. Cada unidad incluye una acción común flow-through y un warrant, con warrants ejercitables a $0,15 durante un año. La oferta está programada para cerrar el 31 de diciembre de 2024.
Los buscadores elegibles recibirán una comisión en efectivo del 6% y warrants para intermediarios equivalentes al 6% de las unidades colocadas. Los ingresos se utilizarán para gastos de exploración en Canadá que califiquen como gastos de minería de minerales críticos flow-through en las propiedades de la empresa en Saskatchewan. Estos gastos serán elegibles para el crédito fiscal de exploración de minerales críticos.
Appia Rare Earths & Uranium Corp. (CSE: API)는 $0.12 단위당 최대 4,166,666개의 플로우스루 유닛 비중개 사모 모집을 발표하였으며, 최대 $500,000 모금을 목표로 하고 있습니다. 각 유닛은 하나의 플로우스루 보통주와 하나의 워런트를 포함하며, 워런트는 1년 동안 $0.15에 행사할 수 있습니다. 이번 모집은 2024년 12월 31일에 마감될 예정입니다.
적격한 중개인은 6%의 현금 수수료와 배치된 유닛의 6%에 해당하는 중개인 워런트를 받을 수 있습니다. 수익금은 캐나다 탐사 비용으로 사용되며, 이는 회사의 사스캐처원 부동산에서 플로우스루 중요한 광물 채굴 비용으로 자격이 부여됩니다. 이러한 비용은 중요한 광물 탐사의 세액 공제 대상이 됩니다.
Appia Rare Earths & Uranium Corp. (CSE: API) a annoncé une offre de placement privé non négocié allant jusqu'à 4.166.666 unités flow-through à $0,12 par unité, visant à lever jusqu'à $500.000. Chaque unité comprend une action ordinaire flow-through et un warrant, avec des warrants exerçables à $0,15 pendant un an. L'offre est prévue pour clôturer le 31 décembre 2024.
Les courtiers éligibles recevront une commission en espèces de 6% et des warrants de courtage équivalents à 6% des unités placées. Les produits seront utilisés pour des dépenses d'exploration canadiennes qualifiant comme des dépenses d'exploitation minière de minéraux critiques en flow-through sur les propriétés de l'entreprise en Saskatchewan. Ces dépenses seront éligibles pour le crédit d'impôt pour l'exploration de minéraux critiques.
Appia Rare Earths & Uranium Corp. (CSE: API) hat eine nicht vermittelte Privatplatzierungsangebot von bis zu 4.166.666 Flow-Through-Einheiten zu $0,12 pro Einheit angekündigt, mit dem Ziel, bis zu $500.000 zu sammeln. Jede Einheit umfasst eine Flow-Through-Stammaktie und ein Warrant, wobei die Warrants ein Jahr lang zu $0,15 ausgeübt werden können. Das Angebot soll am 31. Dezember 2024 abgeschlossen werden.
Für berechtigte Finder gibt es eine Provision in Höhe von 6% sowie Broker-Warrants in Höhe von 6% der platzierten Einheiten. Die Mittel werden für kanadische Explorationskosten verwendet, die als Flow-Through-Ausgaben für kritische Mineralabbauprojekte auf den Saskatchewan-Immobilien des Unternehmens qualifizieren. Diese Ausgaben sind für den Steuergutschriftsanspruch für die Exploration kritischer Mineralien berechtigt.
- Raising up to $500,000 in new capital for exploration
- Expenses qualify for critical mineral exploration tax credit
- Warrants provide potential additional funding at $0.15 per share
- Potential dilution for existing shareholders
- 6% finder's fees reduce net proceeds
- Short warrant exercise period of only one year
Toronto, Ontario--(Newsfile Corp. - December 23, 2024) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQB: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0)(the "Company" or "Appia") is pleased to announce a non-brokered private placement of up to 4,166,666 flow-through units ("FT Units") at a price of
Each FT Unit comprises one (1) flow-through Common Share ("FT Share") priced at
Eligible finders will be paid
The gross proceeds from the FT Offering will be used for Canadian Exploration Expenses (within the meaning of the Income Tax Act (Canada) (the "Tax Act")) which qualify as a "flow-through critical mineral mining expenditure" for purposes of the Tax Act related to the exploration program of the Company to be conducted on the Company's properties located in Saskatchewan. The Company will renounce such Canadian Exploration Expenses with an effective date of no later than December 31, 2024. The Canadian Exploration Expenses to be renounced by the Company will qualify for the critical mineral exploration tax credit under the Tax Act.
The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.
About Appia Rare Earths & Uranium Corp. (Appia)
Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The Company holds the right to acquire up to a
Appia has 149.4 million common shares outstanding, 170.8 million shares fully diluted.
Cautionary note regarding forward-looking statements: This News Release contains forward-looking statements which are typically preceded by, followed by or including the words "believes", "expects", "anticipates", "estimates", "intends", "plans" or similar expressions. Forward-looking statements are not a guarantee of future performance as they involve risks, uncertainties and assumptions. We do not intend and do not assume any obligation to update these forward-looking statements and shareholders are cautioned not to put undue reliance on such statements.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
For more information, visit www.appiareu.com
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Contact:
Tom Drivas, CEO and Director
(c) (416) 876-3957
(e) tdrivas@appiareu.com
Stephen Burega, President
(c) (647) 515-3734
(e) sburega@appiareu.com
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/235012
FAQ
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