Eureka Lithium Corp Completes LIFE Financing
Eureka Lithium Corp. (CSE: ERKA) (OTCQB: UREKF) has successfully closed the second tranche of its non-brokered private placement financing. The company issued an additional 300,000 units, bringing the total to 4,933,000 units sold, raising gross proceeds of $739,950. Each unit comprises one common share and one share purchase warrant, with the warrant allowing the holder to purchase one share at $0.205 for 24 months.
The private placement was conducted under the listed issuer financing exemption (LIFE Exemption) in all Canadian provinces except Quebec. Securities issued are not subject to resale restrictions under Canadian securities laws. An amended offering document dated September 24, 2024, was made available on SEDAR+ and the company's website prior to closing.
Eureka Lithium Corp. (CSE: ERKA) (OTCQB: UREKF) ha concluso con successo la seconda tranche del suo finanziamento di collocamento privato non intermediato. L'azienda ha emesso ulteriori 300.000 unità, portando il totale a 4.933.000 unità vendute, raccogliendo proventi lordi di $739.950. Ogni unità comprende una azione comune e un warrant di acquisto di azioni, con il warrant che consente al detentore di acquistare un'azione a $0.205 per 24 mesi.
Il collocamento privato è stato condotto sotto l'esenzione di finanziamento per emittenti quotati (LIFE Exemption) in tutte le province canadesi tranne il Quebec. I titoli emessi non sono soggetti a restrizioni di rivendita secondo le leggi sui titoli canadesi. Un documento di offerta modificato datato 24 settembre 2024, è stato reso disponibile su SEDAR+ e sul sito web dell'azienda prima della chiusura.
Eureka Lithium Corp. (CSE: ERKA) (OTCQB: UREKF) ha cerrado con éxito la segunda tranche de su financiamiento de colocación privada no intermediada. La compañía emitió 300,000 unidades adicionales, llevando el total a 4,933,000 unidades vendidas, recaudando un total bruto de $739,950. Cada unidad comprende una acción común y un warrant de compra de acciones, con el warrant que permite al titular comprar una acción a $0.205 durante 24 meses.
La colocación privada se realizó bajo la exención de financiamiento para emisores que cotizan (LIFE Exemption) en todas las provincias canadienses excepto Quebec. Los valores emitidos no están sujetos a restricciones de reventa según las leyes de valores canadienses. Un documento de oferta modificado con fecha del 24 de septiembre de 2024, se puso a disposición en SEDAR+ y en el sitio web de la compañía antes del cierre.
유레카 리튬 주식회사 (CSE: ERKA) (OTCQB: UREKF)는 중개인 없이 진행한 사모펀드 두 번째 트랜치를 성공적으로 마감했습니다. 회사는 추가로 300,000 단위를 발행하여 총 4,933,000 단위가 판매되었으며, 총 $739,950의 수익을 올렸습니다. 각 단위는 하나의 보통주와 하나의 주식 매수 보증서로 구성되어 있으며, 보증서는 소지자가 24개월 동안 $0.205에 하나의 주식을 구매할 수 있도록 합니다.
이번 사모펀드는 퀘벡을 제외한 캐나다 모든 주에서 상장 발행자 금융 면제 (LIFE Exemption) 규정에 따라 진행되었습니다. 발행된 증권은 캐나다 증권법에 따라 재판매 제한을 받지 않습니다. 2024년 9월 24일자로 수정된 제안 문서가 SEDAR+와 회사 웹사이트에 마감 전 제공되었습니다.
Eureka Lithium Corp. (CSE: ERKA) (OTCQB: UREKF) a réussi à clôturer la deuxième tranche de son placement privé sans intermédiaire. L'entreprise a émis 300 000 unités supplémentaires, portant le total à 4 933 000 unités vendues, levant des produits bruts de $739 950. Chaque unité comprend une action ordinaire et un bon de souscription d'actions, avec le bon permettant à son titulaire d'acheter une action à $0.205 pendant 24 mois.
Le placement privé a été réalisé dans le cadre de l'exemption de financement des émetteurs cotés (LIFE Exemption) dans toutes les provinces canadiennes sauf le Québec. Les titres émis ne sont pas soumis à des restrictions de revente selon les lois canadiennes sur les valeurs mobilières. Un document d'offre modifié daté du 24 septembre 2024 a été mis à disposition sur SEDAR+ et sur le site web de l'entreprise avant la clôture.
Eureka Lithium Corp. (CSE: ERKA) (OTCQB: UREKF) hat erfolgreich die zweite Tranche ihrer nicht vermittelten Privplatzierung abgeschlossen. Das Unternehmen hat zusätzlich 300.000 Einheiten ausgegeben, was die Gesamtzahl auf 4.933.000 verkaufte Einheiten erhöht und einen Bruttoerlös von $739.950 erzielt. Jede Einheit besteht aus einer Stammaktie und einem Aktienoptionsschein, wobei der Optionsschein dem Inhaber das Recht gibt, innerhalb von 24 Monaten eine Aktie zu einem Preis von $0.205 zu kaufen.
Die Privplatzierung wurde unter der Ausnahme für Finanzierung von börsennotierten Emittenten (LIFE-Exemption) in allen kanadischen Provinzen, mit Ausnahme von Quebec, durchgeführt. Die ausgegebenen Wertpapiere unterliegen nicht den Verkaufsbeschränkungen gemäß kanadischem Wertpapierrecht. Ein geänderter Angebotsdokument vom 24. September 2024 wurde vor dem Abschluss auf SEDAR+ und der Unternehmenswebsite bereitgestellt.
- Successful completion of private placement financing
- Raised $739,950 in gross proceeds
- Issuance of additional 300,000 units, totaling 4,933,000 units sold
- No resale restrictions on issued securities under Canadian law
- None.
Vancouver, British Columbia--(Newsfile Corp. - October 2, 2024) - Eureka Lithium Corp. (CSE: ERKA) (OTCQB: UREKF) (FSE: S580) ("Eureka Lithium" or "Eureka" or the "Company") is pleased to announce, further to its news releases on September 27, 2024, that it has closed a second tranche of its non-brokered private placement financing (the "Private Placement"), issuing 300,000 additional units ("Units"), bringing the gross total Units sold under the Private Placement to 4,933,000, for gross proceeds of
Each Unit consists of one (1) common share ("Share") and one (1) Share purchase warrant ("Warrant"), with each Warrant entitling the holder to purchase one Share at an exercise price of
The Units issued under the Private Placement were sold to purchasers pursuant to the listed issuer financing exemption ("LIFE Exemption") under Part 5A of National Instrument 45-106 - Prospectus Exemptions, in all the provinces of Canada, except Quebec. Because the Private Placement was completed pursuant to the LIFE Exemption, the securities issued in connection with the Private Placement will not be subject to resale restrictions in accordance with applicable Canadian securities laws.
An amended offering document dated September 24, 2024 relating to the Private Placement, amending the offering document dated Augst 14, 2024, was posted under the Company's profile at www.sedarplus.ca, on the Company's website at www.eurekalithiumcorp.com, and was delivered to prospective subscribers prior to closing of the Private Placement.
The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, or any U.S. state securities laws, and may not be offered or sold in the United States absent registration or available exemptions from such registration requirements. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States, or in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Eureka Lithium Corp.
Eureka Lithium is the largest lithium-focused landowner in the northern third of Quebec, known as the Nunavik region, with
For more information please contact: David Bowen
Chief Executive Officer
Email: info@eurekalithiumcorp.com
Cautionary Statement
Certain statements contained in this news release, including statements which may contain words such as "expects", "anticipates", "intends", "plans", "believes", "estimates", or similar expressions, and statements related to matters which are not historical facts, such as statements regarding the use of proceeds from the Private Placement, are forward-looking information within the meaning of applicable securities laws. Such forward-looking statements reflect management's expectations and are based on certain factors and assumptions and involve known and unknown risks and uncertainties which may cause the actual results, performance, or achievements to be materially different from future results, performance, or achievements expressed or implied by such forward-looking statements. These factors should be considered carefully, and readers should not place undue reliance on the Company's forward-looking statements. The Company believes that the expectations reflected in the forward-looking statements contained in this news release are reasonable, but no assurance can be given that these expectations will prove to be correct. The Company undertakes no obligation to release publicly any future revisions to forward-looking statements to reflect events or circumstances after the date of this news or to reflect the occurrence of unanticipated events, except as expressly required by law.
The Canadian Securities Exchange (CSE) has not reviewed, approved, or disapproved the contents of this press release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225412
FAQ
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