Vendetta Announces Non-Brokered Private Placement
Vendetta Mining Corp. (TSXV: VTT) has announced a non-brokered private placement to raise up to $275,000. The offering consists of up to 27,500,000 units at $0.01 per unit. Each unit includes one common share and one warrant, with warrants exercisable at $0.05 per share for 36 months. Proceeds will be used for working capital and sustaining project fees. The securities will have a 4-month and one-day hold period. The offering is subject to regulatory and TSX Venture Exchange approval. A finder's fee may be paid on a portion of the proceeds. The securities are not registered under the U.S. Securities Act and cannot be offered or sold in the United States without registration or exemption.
Vendetta Mining Corp. (TSXV: VTT) ha annunciato un collocamento privato non mediato per raccogliere fino a $275.000. L'offerta consiste in un massimo di 27.500.000 unità a $0,01 per unità. Ogni unità include un'azione ordinaria e un warrant, con warrants esercitabili a $0,05 per azione per 36 mesi. I proventi verranno utilizzati per capitale circolante e spese di sostenimento del progetto. I titoli avranno un periodo di blocco di 4 mesi e 1 giorno. L'offerta è soggetta all'approvazione normativa e del TSX Venture Exchange. Potrebbe essere pagata una commissione per il trovatore su una parte dei proventi. I titoli non sono registrati ai sensi del Securities Act statunitense e non possono essere offerti o venduti negli Stati Uniti senza registrazione o esenzione.
Vendetta Mining Corp. (TSXV: VTT) ha anunciado una colocación privada no mediada para recaudar hasta $275,000. La oferta consta de hasta 27,500,000 unidades a $0.01 por unidad. Cada unidad incluye una acción ordinaria y una opción, con opciones ejercitables a $0.05 por acción durante 36 meses. Los ingresos se utilizarán para capital de trabajo y tarifas de sostenimiento del proyecto. Los valores tendrán un período de bloqueo de 4 meses y 1 día. La oferta está sujeta a la aprobación regulatoria y del TSX Venture Exchange. Puede pagarse una comisión por la búsqueda en una parte de los ingresos. Los valores no están registrados bajo la Ley de Valores de EE.UU. y no pueden ser ofrecidos o vendidos en los Estados Unidos sin registro o exención.
Vendetta Mining Corp. (TSXV: VTT)는 $275,000까지 자금을 조달하기 위한 비중개 프라이빗 플레싱을 발표했습니다. 이번 제안은 27,500,000 유닛까지 가능하며, 각 유닛은 $0.01입니다. 각 유닛에는 보통주 1주와 1개의 보증이 포함되어 있으며, 보증은 $0.05의 가격으로 36개월 동안 행사할 수 있습니다. 수익금은 운전 자본 및 프로젝트 유지비에 사용됩니다. 증권은 4개월 및 1일의 보유 기간이 있습니다. 이번 제안은 규제 기관 및 TSX 벤처 거래소의 승인을 받아야 합니다. 수익의 일부에 대해 중개 수수료가 지급될 수 있습니다. 증권은 미국 증권법에 따라 등록되지 않았으며, 등록이나 면제 없이 미국에서 제공되거나 판매될 수 없습니다.
Vendetta Mining Corp. (TSXV: VTT) a annoncé une offre privée non intermédiaire pour lever jusqu'à 275 000 $. L'offre se compose de jusqu'à 27 500 000 unités à 0,01 $ par unité. Chaque unité comprend une action ordinaire et un bon de souscription, avec des bons exerçables à 0,05 $ par action pendant 36 mois. Les produits seront utilisés pour le fonds de roulement et les frais de maintien de projet. Les titres auront une période de blocage de 4 mois et 1 jour. L'offre est soumise à l'approbation réglementaire et de la Bourse de croissance TSX. Une commission de trouvaille peut être versée sur une partie des produits. Les titres ne sont pas enregistrés en vertu de la loi américaine sur les valeurs mobilières et ne peuvent être offerts ou vendus aux États-Unis sans enregistrement ou exemption.
Vendetta Mining Corp. (TSXV: VTT) hat eine nicht vermittelte Privatplatzierung angekündigt, um bis zu 275.000 $ zu sammeln. Das Angebot umfasst bis zu 27.500.000 Einheiten zu 0,01 $ pro Einheit. Jede Einheit besteht aus einer Stammaktie und einem Bezugsrecht, das zu 0,05 $ pro Aktie für 36 Monate ausgeübt werden kann. Die Erlöse werden für Umlaufvermögen und Projektunterhaltsgebühren verwendet. Die Wertpapiere unterliegen einer Haltedauer von 4 Monaten und 1 Tag. Das Angebot bedarf der Genehmigung durch die Regulierungsbehörden und die TSX Venture Exchange. Eine Findergebühr kann auf einen Teil der Erlöse gezahlt werden. Die Wertpapiere sind nicht unter dem US-Wertpapiergesetz registriert und dürfen in den Vereinigten Staaten ohne Registrierung oder Ausnahme nicht angeboten oder verkauft werden.
- Raising up to $275,000 in additional capital
- Warrants provide potential for future funding at $0.05 per share
- Funds to be used for working capital and sustaining project fees
- Significant dilution with up to 27,500,000 new units being issued
- Low unit price of $0.01 may indicate financial distress
- Subject to regulatory and exchange approval, which may delay or prevent the offering
Vancouver, British Columbia--(Newsfile Corp. - September 4, 2024) - Vendetta Mining Corp. (TSXV: VTT) ("Vendetta" or the "Company") is pleased to announce a non-brokered private placement for gross proceeds of up to
The Offering will consist of up to 27,500,000 units of the Company (each, a "Unit", and collectively the "Units") at a price of
The Company will use the proceeds of the Offering for working capital and sustaining project fees. None of the proceeds received will be used to pay non-arm's length parties nor will they be used to pay for investor relations activities.
The securities issued in the Offering will be subject to applicable hold periods imposed under applicable securities legislation, including a hold period of 4 months and one day from the date of issuance. The Company may pay a finder's fee on a portion of the gross proceeds of the Offering. The Offering remains subject to regulatory approval and the approval of the TSX Venture Exchange.
None of the securities sold under the Offering have been and will not be registered under the United States Securities Act of 1933, as amended, and no such securities may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Vendetta Mining Corp.
Vendetta Mining Corp. is a Canadian junior exploration company focused on advanced stage exploration and development at the Pegmont Lead Zinc Project in Australia. Vendetta has an option to acquire a
ON BEHALF OF THE BOARD OF DIRECTORS
"Michael Williams"
Michael Williams
President & CEO
604-484-7855
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 release.
Cautionary Note Regarding Forward-Looking Information
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the terms of the Offering, the anticipated use of proceeds of the Offering and the securities issuable under the Offering.. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive.
In making the forward-looking statements in this news release, the Company has applied certain material assumptions, including without limitation, that the Company will complete the Offering, use the proceeds of the Offering as currently anticipated, and that the Company will receive approval from the TSX Venture Exchange in connection with the Offering.
These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, that the Company will not receive the required regulatory approvals or approval from the TSX Venture Exchange in connection with the Offering and that the Company will not use the proceeds of the Offering as currently anticipated.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/222088
FAQ
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