Each Unit consists of one common share of the Company and one half of one share purchase warrant. Each whole warrant entitles the holder thereof to acquire one common share of the Company at a price of
The Company intends to use the proceeds from the Offering for exploration and development at its
Certain insiders of the Company have subscribed to the Units in connection with the Offering. Such participation is considered to be a 'related party transaction' as defined under Multilateral Instrument 61-101 ('MI 61-101').
The securities of the Company referred to in this press release have not been and will not be registered under the United States Securities Act of 1933, as amended (the '
About
Contact:
Tel: (604) 601-3651
Email: info@spanishmountaingold.com
FORWARD-LOOKING STATEMENTS
Certain of the statements and information in this press release constitute 'forward-looking statements' or 'forward-looking information.' Any statements or information that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as 'expects', 'anticipates', 'believes', 'plans', 'estimates', 'intends', 'targets', 'goals', 'forecasts', 'objectives', 'potential' or variations thereof or stating that certain actions, events or results 'may', 'could', 'would', 'might' or 'will' be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements or information. The Company's forward-looking statements and information are based on the assumptions, beliefs, expectations and opinions of management as of the date of this press release, and other than as required by applicable securities laws, the Company does not assume any obligation to update forward-looking statements and information if circumstances or management's assumptions, beliefs, expectations or opinions should change, or changes in any other events affecting such statements or information. For the reasons set forth above, investors should not place undue reliance on forward-looking statements and information.
(C) 2023 Electronic News Publishing, source