Taranis Resources Inc. Announces Private Placement
Taranis Resources (TSX.V:TRO, OTCQB:TNREF) announces a non-brokered private placement offering of up to $250,000, comprising up to 454,545 flow-through units at $0.55 per unit. Each unit includes one flow-through common share and one warrant, allowing purchase of an additional common share at $0.50 within 24 months of closing. The proceeds will fund Canadian Exploration Expenses for engineering work required under the Notice of Work permit for the bulk sampling plant at Thor property in British Columbia. Company insiders may participate in the offering, which is subject to TSX Venture Exchange approval.
Taranis Resources (TSX.V:TRO, OTCQB:TNREF) annuncia un'offerta di collocamento privato non intermediato fino a $250.000, composta da un massimo di 454.545 unità da afflusso a $0,55 per unità. Ogni unità include una azione comune da afflusso e un warrant, che consente l'acquisto di un'ulteriore azione comune a $0,50 entro 24 mesi dalla chiusura. I proventi finanzieranno le spese di esplorazione canadese per il lavoro di ingegneria necessario in base al permesso di Avviso di Lavoro per l'impianto di campionamento di massa nell'area di Thor in Columbia Britannica. I membri interni dell'azienda possono partecipare all'offerta, che è soggetta all'approvazione della TSX Venture Exchange.
Taranis Resources (TSX.V:TRO, OTCQB:TNREF) anuncia una oferta de colocación privada no intermediada de hasta $250,000, que consiste en hasta 454,545 unidades de flujo a $0.55 por unidad. Cada unidad incluye una acción común de flujo y un warrant, que permite la compra de una acción común adicional a $0.50 dentro de los 24 meses posteriores al cierre. Los ingresos financiarán los gastos de exploración canadienses para el trabajo de ingeniería requerido bajo el permiso de Aviso de Trabajo para la planta de muestreo a granel en la propiedad Thor en Columbia Británica. Los miembros internos de la empresa pueden participar en la oferta, la cual está sujeta a la aprobación de la TSX Venture Exchange.
타라니스 자원 (TSX.V:TRO, OTCQB:TNREF)는 최대 $250,000의 중개인 없는 사모배정을 발표하며, 이에는 각각 $0.55의 가격으로 454,545개의 유동주가 포함됩니다. 각 유닛에는 하나의 유동 보통주와 하나의 워런트가 포함되어 있어, 폐쇄 후 24개월 이내에 $0.50에 추가 보통주를 구매할 수 있습니다. 자금은 브리티시컬럼비아주 Thor 자산에 대한 대량 샘플링 플랜트의 작업 허가에 필요한 엔지니어링 작업을 위해 캐나다 탐사 비용을 지원합니다. 회사 내부자는 이 오퍼링에 참여할 수 있으며, 이는 TSX 벤처 거래소의 승인을 조건으로 합니다.
Taranis Resources (TSX.V:TRO, OTCQB:TNREF) annonce un placement privé sans courtier d'un montant pouvant atteindre 250 000 $, comprenant jusqu'à 454 545 unités à flux à 0,55 $ par unité. Chaque unité comprend une action ordinaire à flux et un bon de souscription, permettant l'achat d'une action ordinaire supplémentaire à 0,50 $ dans les 24 mois suivant la clôture. Les revenus serviront à financer les dépenses d'exploration canadienne pour les travaux d'ingénierie requis dans le cadre de l'avis de travaux pour l'installation d'échantillonnage en vrac sur la propriété Thor en Colombie-Britannique. Des initiés de l'entreprise peuvent participer à l'offre, qui est soumise à l'approbation de la Bourse de croissance TSX.
Taranis Resources (TSX.V:TRO, OTCQB:TNREF) gibt ein nicht vermittelte Privatplatzierung von bis zu 250.000 $ bekannt, die bis zu 454.545 Flussdurchlauf-Einheiten zu je 0,55 $ pro Einheit umfasst. Jede Einheit besteht aus einer Flussdurchlauf-Stammaktie und einem Warrant, der den Kauf einer zusätzlichen Stammaktie zu 0,50 $ innerhalb von 24 Monaten nach Abschluss ermöglicht. Die Erlöse werden die kanadischen Explorationskosten für Ingenieurdienstleistungen finanzieren, die im Rahmen der Genehmigung für die Arbeiten zur großen Probenahme im Thor-Gebiet in British Columbia erforderlich sind. Insider des Unternehmens können an der Platzierung teilnehmen, die der Genehmigung der TSX Venture Exchange unterliegt.
- Secured funding up to $250,000 for engineering work
- Proceeds will advance Thor property bulk sampling plant development
- Potential shareholder dilution through new share issuance
- Insider participation may constitute related party transaction
ESTES PARK, CO / ACCESSWIRE / October 29, 2024 / Taranis Resources Inc. ("Taranis" or the "Company") (TSX.V:TRO)(OTCQB:TNREF) announces a non-brokered private placement (the "Offering") of up to
Each FT Unit will consist of one flow-through common share and one share purchase warrant (each a "Warrant"), with each Warrant to entitle the holder to purchase one additional common share at a price of
The proceeds from the sale of the FT Units will be used to incur expenses that qualify as Canadian Exploration Expenses in order to finalize the engineering work/documents as required under Taranis's Notice of Work permit prior to construction of the bulk sampling plant at its Thor property in southeastern British Columbia. The Offering is subject to TSX Venture Exchange acceptance.
Taranis anticipates that insiders may subscribe for all or a portion of the Offering. The participation of insiders in the private placement would constitute a related party transaction within the meaning of TSX-V Policy 5.9 and Multilateral Instrument 61-101 - "Protection of Minority Security Holders in Special Transactions" ("MI 61-101"). Taranis intends to rely on exemptions from the formal valuation and minority shareholder approval requirements provided for under sections 5.5(a) and 5.7(a) of MI 61-101 on the basis that the fair market value (as determined under MI 61-101) of insider participation in the Offering would not exceed
About Taranis and Thor
Taranis Resources Inc. is a Canadian mineral exploration company. The Thor Project is in southeast British Columbia. Taranis has completed upwards of 250 drill holes, linking all previously known mines into a single, near-surface epithermal deposit that has been recently updated into an NI 43-101 Mineral Resource Estimate (see Taranis News Release dated April 11, 2024). In the summer of 2024, Taranis initiated deep drilling aimed at finding the source of the 2km long epithermal deposit. This exploration uses modern geological models and state-of-the-art exploration tools including airborne magnetotellurics, magnetics and drill hole alteration geochemistry. The Company's exploration approach in the Silver Cup Mining District is that historic mines in the area are potentially underlain by comparatively large mineral deposits that do not outcrop at surface.
Qualified Person
Exploration activities at Thor were overseen by John Gardiner (P. Geo.), who is a Qualified Person under the meaning of Canadian National Instrument 43-101. John Gardiner is a principal of John J. Gardiner & Associates, LLC which operates in British Columbia under Firm Permit Number 1002256. Mr. Gardiner has reviewed and approved the comments contained within this News Release.
For additional information on Taranis or its
Taranis currently has 99,627,581 shares issued and outstanding (113,093,135 shares on a fully-diluted basis).
TARANIS RESOURCES INC.
Per: John J. Gardiner (P. Geo.), President and CEO
For further information contact:
John J. Gardiner
681 Conifer Lane
Estes Park, Colorado 80517
Phone: (303) 716-5922 Cell: (720) 209-3049 johnjgardiner@earthlink.net
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 NEWS RELEASE.
This News Release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of factors beyond its control, and actual results may differ materially from expected results.
SOURCE: Taranis Resources, Inc.
View the original press release on accesswire.com
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