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Lavras Gold Corp. Announces Filing of Final Base Shelf Prospectus

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Lavras Gold Corp (TSXV: LGC) (OTCQX: LGCFF) has filed a final short form base shelf prospectus with securities commissions across Canada, excluding Quebec. The prospectus enables the company to offer up to C$50 million of common shares over a 25-month period. The offering terms, including prices and amounts, will be determined based on market conditions and specified in future prospectus supplements. The shares will be offered in accordance with National Instrument 44-102 - Shelf Distributions.

Lavras Gold Corp (TSXV: LGC) (OTCQX: LGCFF) ha presentato un prospetto finale di base in forma abbreviata presso le autorità di regolamentazione del Canada, escluso il Quebec. Il prospetto consente all'azienda di offrire fino a C$50 milioni di azioni ordinarie nell'arco di un periodo di 25 mesi. I termini dell'offerta, inclusi prezzi e quantità, saranno determinati in base alle condizioni di mercato e specificati in futuri supplementi del prospetto. Le azioni saranno offerte in conformità con il National Instrument 44-102 - Shelf Distributions.

Lavras Gold Corp (TSXV: LGC) (OTCQX: LGCFF) ha presentado un prospecto final en forma corta ante las comisiones de valores en todo Canadá, excluyendo Quebec. El prospecto permite a la compañía ofrecer hasta C$50 millones de acciones ordinarias durante un período de 25 meses. Los términos de la oferta, incluidos precios y cantidades, se determinarán en función de las condiciones del mercado y se especificarán en futuros suplementos del prospecto. Las acciones se ofrecerán de acuerdo con el Instrumento Nacional 44-102 - Distribuciones en estantería.

Lavras Gold Corp (TSXV: LGC) (OTCQX: LGCFF)는 퀘벡을 제외한 캐나다 전역의 증권위원회에 최종 단기 기본 선반 증권신고서를 제출했습니다. 이 증권신고서는 회사가 C$50백만의 보통주를 25개월 기간 동안 제공할 수 있게 해줍니다. 제공 조건, 가격 및 수량은 시장 상황에 따라 결정되며 향후 증권신고서 보충 자료에 명시됩니다. 주식은 국가 기준 44-102에 따라 제공됩니다 - 선반 유통.

Lavras Gold Corp (TSXV: LGC) (OTCQX: LGCFF) a déposé un prospectus final sous forme abrégée auprès des commissions des valeurs mobilières à travers le Canada, à l'exclusion du Québec. Le prospectus permet à l'entreprise d'offrir jusqu'à C$50 millions d'actions ordinaires sur une période de 25 mois. Les conditions de l'offre, y compris les prix et les montants, seront déterminées en fonction des conditions du marché et précisées dans de futurs suppléments de prospectus. Les actions seront offertes conformément à l'Instrument national 44-102 - Distributions de type étagère.

Lavras Gold Corp (TSXV: LGC) (OTCQX: LGCFF) hat ein endgültiges kürzeres Basisprospekt bei den Wertpapieraufsichtsbehörden in ganz Kanada, mit Ausnahme von Quebec, eingereicht. Das Prospekt ermöglicht es dem Unternehmen, bis zu C$50 Millionen an Stammaktien über einen 25-Monats-Zeitraum anzubieten. Die Angebotsbedingungen, einschließlich Preise und Mengen, werden basierend auf den Marktbedingungen bestimmt und in zukünftigen Prospektzusätzen angegeben. Die Aktien werden gemäß dem National Instrument 44-102 - Shelf Distributions angeboten.

Positive
  • Secured ability to raise up to C$50 million in capital through share offerings
  • Flexibility to access capital markets over an extended 25-month period
Negative
  • Potential future shareholder dilution through new share issuances
  • No immediate capital raised through this filing

Toronto, Ontario--(Newsfile Corp. - November 27, 2024) - Lavras Gold Corp. (TSXV: LGC) (OTCQX: LGCFF) ("Lavras Gold" or the "Company") announced today that it has obtained a receipt for the final short form base shelf prospectus (the "Final Shelf Prospectus") filed with the securities commissions in all of the provinces and territories of Canada, except Quebec.

The Final Shelf Prospectus and Registration Statement will allow the Company to offer up to an aggregate offering of C$50 million of common shares (or its equivalent in any other currency used to denominate the Common Shares) in one or more transactions during the 25-month period that this Final Shelf Prospectus, including any amendments hereto, remains effective.

The Common Shares may be offered for sale in amounts, at prices and on terms to be determined based on market conditions and other factors the Company may deem relevant at the time of sale and set forth in an accompanying shelf prospectus supplement (a "prospectus supplement") in accordance with National Instrument 44-102 - Shelf Distributions ("NI 44-102"). The specific terms of any offering of Common Shares will be set forth in a prospectus supplement including, the number of Common Shares offered and the offering price.

Copies of the Final Shelf Prospectus and Registration Statement may be obtained on request without charge from the Company at Suite 201 - 82 Richmond Street East, Toronto, Ontario M5C 1P1, Canada, phone +1 289 624 1343 and can be found under the Company's SEDAR+ profile at www.sedarplus.com.

This press release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these Common Shares in any jurisdiction in which an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About Lavras Gold Corp.

Lavras Gold Corp. (TSXV: LGC) (OTCQX: LGCFF) is a Canadian exploration company focused on realizing the potential of a multi-million-ounce gold district in southern Brazil. Its Lavras do Sul Project is located in Rio Grande do Sul State and is primarily an intrusive hosted gold system of possible alkaline affinity. More than 24 gold prospects centred on historic gold workings have been identified on the property, which spans more than 23,000 hectares. Follow Lavras Gold on www.lavrasgold.com, as well as on LinkedIn, Instagram, Twitter and YouTube.

On Behalf of Lavras Gold Corp.

"Michael Durose"

President & CEO

For further information, please visit the Lavras Gold Corp. website at www.lavrasgold.com, or contact:

Michael Durose, President & CEO
or
Naomi Nemeth, VP Investor Relations

Phone: +1-289-624-1343 or +1-289-624-1377
Email: investor@lavrasgold.com
Instagram: lavrasgold
Website: www.lavrasgold.com
X (Twitter): @LavrasGold
LinkedIn: Lavras Gold Corp

Disclaimer: Neither 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/231693

FAQ

How much capital can Lavras Gold (LGCFF) raise through its base shelf prospectus?

Lavras Gold can raise up to C$50 million through common share offerings over a 25-month period under the base shelf prospectus.

What is the duration of Lavras Gold's (LGCFF) base shelf prospectus?

The base shelf prospectus remains effective for 25 months from the filing date.

In which regions is Lavras Gold's (LGCFF) base shelf prospectus valid?

The base shelf prospectus is valid in all provinces and territories of Canada, except Quebec.

LAVRAS GOLD CORP

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