Atomic Minerals Announces Private Placements of Flow-Through and Non-Flow-Through Units
Atomic Minerals (TSXV: ATOM) announces two non-brokered private placement financings: up to 34,000,000 non-flow-through units at $0.05 per unit for gross proceeds of up to $1,700,000, and up to 13,333,333 flow-through units at $0.06 per unit for gross proceeds of up to $800,000. Each unit includes one share and one transferable warrant exercisable at $0.10 for 2 years. The flow-through proceeds will fund Canadian exploration in Saskatchewan, while non-flow-through proceeds will support working capital. 8% finder's fees may apply.
Atomic Minerals (TSXV: ATOM) annuncia due finanziamenti di private placement non intermediati: fino a 34.000.000 di unità non flusso da $0,05 ciascuna per proventi lordi fino a $1.700.000, e fino a 13.333.333 unità flusso da $0,06 ciascuna per proventi lordi fino a $800.000. Ogni unità comprende un'azione e un warrant trasferibile esercitabile a $0,10 per 2 anni. I proventi del flusso finanzieranno l'esplorazione canadese in Saskatchewan, mentre i proventi non flusso supporteranno il capitale circolante. Potrebbero essere applicate commissioni per il mediatore dell'8%.
Atomic Minerals (TSXV: ATOM) anuncia dos financiamientos de colocación privada no intermediados: hasta 34,000,000 de unidades no flujo a $0.05 por unidad para ingresos brutos de hasta $1,700,000, y hasta 13,333,333 unidades flujo a $0.06 por unidad para ingresos brutos de hasta $800,000. Cada unidad incluye una acción y un warrant transferible ejercitable a $0.10 por 2 años. Los ingresos del flujo financiarán la exploración canadiense en Saskatchewan, mientras que los ingresos no flujo apoyarán el capital de trabajo. Pueden aplicarse comisiones del 8% para intermediarios.
Atomic Minerals (TSXV: ATOM)은 두 가지 비모집 사모펀드 자금을 발표합니다: 유닛당 $0.05로 최대 34,000,000개의 비흐름 유닛을 발행하여 최대 $1,700,000의 총 수익을 올리고, 유닛당 $0.06로 최대 13,333,333개의 흐름 유닛을 발행하여 최대 $800,000의 총 수익을 올립니다. 각 유닛은 1주식과 2년 동안 $0.10에 행사 가능한 양도 가능한 보증서를 포함합니다. 흐름 수익금은 사스캐처원에서 캐나다 탐사를 지원하고, 비흐름 수익금은 운영 자본을 지원합니다. 8%의 중개인 수수료가 적용될 수 있습니다.
Atomic Minerals (TSXV: ATOM) annonce deux financements par placement privé non intermédiaire : jusqu'à 34 000 000 d'unités non transitables à 0,05 $ par unité pour un produit brut allant jusqu'à 1 700 000 $, et jusqu'à 13 333 333 unités transitables à 0,06 $ par unité pour un produit brut allant jusqu'à 800 000 $. Chaque unité comprend une action et un bon de souscription transférable exerçable à 0,10 $ pendant 2 ans. Les fonds générés seront destinés à l'exploration canadienne en Saskatchewan, tandis que les fonds non transitoires soutiendront le fonds de roulement. Des frais de courtage de 8 % peuvent s'appliquer.
Atomic Minerals (TSXV: ATOM) gibt zwei nicht vermittelte Privatplatzierungsfinanzierungen bekannt: bis zu 34.000.000 nicht durchlaufende Einheiten zu je $0,05 pro Einheit für Bruttoerlöse von bis zu $1.700.000, und bis zu 13.333.333 durchlaufende Einheiten zu je $0,06 pro Einheit für Bruttoerlöse von bis zu $800.000. Jede Einheit umfasst eine Aktie und einen übertragbaren Warrant, der für 2 Jahre zu $0,10 ausgeübt werden kann. Die Einnahmen aus dem Durchfluss werden die kanadische Erkundung in Saskatchewan finanzieren, während die Einnahmen aus nicht durchlaufenden Einheiten das Betriebskapital unterstützen. Es können 8 % Vermittlungsgebühren anfallen.
- Potential to raise up to $2.5 million in total gross proceeds
- Flow-through financing structure provides tax benefits for investors
- Funds secured for exploration activities in Saskatchewan projects
- Significant shareholder dilution due to issuance of up to 47.3 million new units
- 8% finder's fees will reduce net proceeds
- Warrant exercise price at $0.10 represents potential future dilution
Vancouver, British Columbia--(Newsfile Corp. - November 15, 2024) - Atomic Minerals Corporation (TSXV: ATOM) ("ATOMIC MINERALS" or the "Company") announces a non-brokered private placement financing of up to 34,000,000 non-flow-through units ("NFT Units") at
Each NFT Unit consists of one common share and one transferable warrant. Each warrant (a "Warrant") is exercisable into one common share at
Each FT Unit consists of one flow-through common share (a "FT Share") and one transferrable Warrant. Each Warrant is exercisable into one non-flow-through common share at
The Private Placements may be closed in one or more tranches subject to conditional approval from the TSX Venture Exchange
The entire gross proceeds from the issue and sale of the FT Units, excluding Warrant proceeds, will be used for Canadian exploration and development of the Company's projects in Saskatchewan and the proceeds from the issue and sale of NFT Units will be used for general working capital purposes.
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 the Company
Atomic Minerals Corp. is a publicly listed exploration company on the TSX Venture Exchange, trading under the symbol ATOM, led by a highly skilled management and technical team with a proven track record in the junior mining sector. Atomic Minerals' objective is to identify exploration opportunities in regions that have been previously overlooked but are geologically similar to those with previous uranium discoveries. These underexplored areas hold immense potential and are in stable geopolitical and economic environments.
Atomic Minerals' property portfolio contains uranium projects in three locations within North America, all of which have significant technical merit and or are known for hosting uranium production in the past. Three of the properties are located on the Colorado Plateau, an area which has previously produced 597 million pounds of U3O8; Three others are in the prolific Athabasca Basin region and nine uranium projects are located Northern Saskatchewan, encompassing a total exploration area of 6,495 hectares.
For additional information about the Company and its projects, please visit our website at www.atomicminerals.ca.
ON BEHALF OF THE BOARD OF DIRECTORS
"Clive Massey"
Clive H. Massey
President & CEO
For further information, please contact:
info@atomicminerals.ca
(604) 341-6870
Neither TSX Venture Exchange nor their 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.
Forward-Looking Statements:
This news release contains certain statements that may be deemed "forward-looking" statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Atomic Minerals Corporation believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of Atomic Minerals Corporation management on the date the statements are made. Except as required by law, Atomic Minerals Corporation undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/230211
FAQ
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