The financing will consist of an issue of up to 12,500,000 units ("Units") priced at
The net proceeds from the Financing are expected to be used to fund the Company's Lone Mountain Zinc project and for general corporate and working capital purposes.
All common shares issued in connection with the financing will be subject to a statutory hold period of four months plus a day from the date of issuance. The Company may pay a finder's fee to eligible finders. The Offering is subject to the approval of the
About
For further information please contact:
T: (416) 574-9075
Email: wilson.h.mike@gmail.com
T: (416) 409-8441
Email: don@nevadazinc.com
Cautionary Statement
Neither the
Forward-Looking Statements
This news release may contain forward-looking statements including but not limited to comments regarding the timing and terms of financings, timing and content of upcoming work programs, geological interpretations, obligations under existing and future agreements, expected share issuances and ownership positions, expected returns and profits from application of unproven chemical processes to the Company’s mineral projects, partnerships and joint ventures, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results relating to, among other things, regulatory approvals, proceeds from financings, results of exploration, project development, reclamation and capital costs of the Company's mineral properties, and the Company's financial condition and prospects, could differ materially from those currently anticipated in such statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. The Company will be required to complete a PEA and pre-feasibility study to confirm the project’s zinc oxide production flowsheet and project economics. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.
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