Jazz Announces Closing Of First Tranche Of Private Placement Of Units

Jazz Announces Closing Of First Tranche Of Private Placement Of Units

(TheNewswire)

Vancouver, British Columbia, Canada May 13, 2022 TheNewswire - Jazz Resources Inc. ( TSXV:JZR ) (the " Company " or " JZR ") is pleased to announce that it has closed the first portion of its previously announced non-brokered private placement offering (the " Offering ") of units (the " Units ") by issuing 860,250 Units at a price of $0.80 per Unit for gross proceeds of $688,200.  Each Unit is comprised of one common share (a " Share ") in the capital of the Company and one share purchase warrant (a " Warrant ").  Each Warrant shall entitle the holder to acquire one additional common share in the capital of the Company at a price of $1.20 per Share for a period of 12 months after the date of issuance of the Warrants.

In connection with the Offering, the Company has paid finder's fees to certain registered brokerage firms, comprised of an aggregate cash payment of $27,492, and issued an aggregate of 34,365 non-transferable compensation warrants, substantially upon the same terms and conditions as the Warrants. The Units, Shares, Warrants, compensation warrants and any Shares issued upon the exercise of the Warrants or compensation warrants will be subject to a hold period of four months and one day from the date of issuance.

The Company will use the net proceeds of the Offering to advance the development of the Vila Nova gold project located in the state of Amapa, Brazil, and for general working capital purposes.

For further information, please contact:

Robert Klenk

Chief Executive Officer

rob@jazzresources.ca

Forward-Looking Information

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information in this press release includes statements with respect to the terms of the Offering and the expected use of the net proceeds of the Offering.  Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties and regulatory risks.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in 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 information 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 information. The forward-looking information contained in this press release is expressly qualified in its entirety by this cautionary statement. The Company does not undertake to update any forward-looking information, except as required by applicable securities laws.

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 press release.

None of the securities of JZR have been registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities law, and may not be offered or sold in the United States or to, or for the account or benefit of, persons in the United States or "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act) absent registration or an exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy in the United States nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

Copyright (c) 2022 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

JZR:CA
The Conversation (0)
JZR Gold Announces Private Placement Offering of Units to Raise Up to $1,000,000

JZR Gold Announces Private Placement Offering of Units to Raise Up to $1,000,000

(TheNewswire)

JZR Gold Inc.

JZR Gold Inc. (TSXV:JZR) (OTC:JZRIF) (the " Company " or " JZR ") is pleased to announce that it intends to undertake a non-brokered private placement offering (the " Offering ") of up to 5,000,000 units (each, a " Unit ") at a price of $0.20 per Unit, to raise aggregate gross proceeds of up to $1,000,000.  Each Unit will be comprised of one common share (each, a " Share ") and one share purchase warrant (each, a " Warrant ").  Each Warrant will entitle the holder to acquire one additional common share (each, a " Warrant Share ") in the capital of the Company at an exercise price of $0.30 per Warrant Share for a period of nine (9) months after the closing of the Offering

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
JZR Gold Announces Appointment of Graham Carter to the Board of Directors and as Chief Operating Officer

JZR Gold Announces Appointment of Graham Carter to the Board of Directors and as Chief Operating Officer

(TheNewswire)

JZR Gold Inc.

JZR Gold Inc. (TSXV:JZR) (OTC:JZRIF) (the " Company " or " JZR ") is pleased to announce that it has appointed Graham Carter to the board of directors.  Mr. Carter has also been appointed as the Chief Operating Officer (" COO ") of the Company

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
JZR Gold Closes Non-Brokered Private Placement Offering of Units

JZR Gold Closes Non-Brokered Private Placement Offering of Units

(TheNewswire)

JZR Gold Inc.

October 30, 2023 TheNewswire - Vancouver, British Columbia, Canada JZR Gold Inc. (the " Company " or " JZR ") ( TSXV:JZR ) is pleased to announce that it has completed its previously announced non-brokered private placement (the " Offering "), as described in its news releases dated October 2 and October 23, 2023, pursuant to which it has issued an aggregate of 4,000,000 units (each, a " Unit ") at a price of $0.20 per Unit for gross proceeds of $800.000.  Each Unit consists of one common share in the capital of the Company (each, a " Share ") and one common share purchase warrant (each, a " Warrant "). Each Warrant is exercisable into one additional Share (a " Warrant Share ") at a price of $0.40 per Warrant Share for a period of two (2) years from the date of issuance. The Units, Shares, Warrants, Finder's Warrants and Warrants Shares are collectively referred to as the "Securities".  The Securities will be subject to a hold period of four months and one day from the date of issuance.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
JZR Gold Announces Oversubscribed Private Placement

JZR Gold Announces Oversubscribed Private Placement

(TheNewswire)

JZR Gold Inc.

JZR Gold Inc. (TSXV:JZR) (OTC:JZRIF) (the " Company " or " JZR ") is pleased to announce that further to its news release of October 2, 2023, the Company has agreed to increase the size of its non-brokered private placement offering (the " Offering ") of units (each, a " Unit ") at a price of $0.20 per Unit to total gross proceeds of up to $800,000 due to increased demand. Each Unit consists of one common share of the Company and one share purchase warrant, which entitles the holder thereof to purchase one additional common share of the Company (each, a " Warrant Share ") at a price of $0.40 per Warrant Share for a period of two years after the closing of the Offering

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
JZR Gold Announces Private Placement Offering of Units to Raise up to $600,000

JZR Gold Announces Private Placement Offering of Units to Raise up to $600,000

(TheNewswire)

JZR Gold Inc.

JZR Gold Inc. (TSXV:JZR) (OTC:JZRIF) (the " Company " or " JZR ") is pleased to announce that it intends to undertake a non-brokered private placement offering (the " Offering ") of up to 3,000,000 units (each, a " Unit ") at a price of $0.20 per Unit, to raise aggregate gross proceeds of up to $600,000.  Each Unit will be comprised of one common share (each, a " Share ") and one share purchase warrant (each, a " Warrant ").  Each Warrant will entitle the holder to acquire one additional common share (each, a " Warrant Share ") of the Company at an exercise price of $0.40 per Warrant Share for a period of two (2) years after the closing of the Offering

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less

Wheaton Precious Metals to Release 2024 Second Quarter Results on August 7, 2024

Wheaton Precious Metalsâ„¢ Corp. will release its 2024 second quarter results on August 7, 2024 after market close.

A conference call will be held on Thursday, August 8, 2024 , starting at 8:00 am ET ( 5:00 am PT ) to discuss these results. To participate in the live call, please use one of the following methods:

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Newmont Announces Second Quarter 2024 Earnings Conference Call

Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) will release its second quarter 2024 operations and financial results after market close on Wednesday, July 24, 2024 , and will hold a conference call to discuss results on Thursday, July 25, 2024 at 11:00 a.m. Eastern Daylight Time (9:00 a.m. Mountain Daylight Time) .

Conference Call Details

Dial-In Number

The webcast materials will be available Wednesday, July 24 th , after market close, under the Investor Relations section of the Company's website. Additionally, the conference call will be archived for a limited time on the Company's website.

About Newmont

Newmont is the world's leading gold company and a producer of copper, zinc, lead, and silver. The Company's world-class portfolio of assets, prospects, and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social, and governance practices. Newmont is an industry leader in value creation, supported by robust safety standards, superior execution, and technical expertise. Founded in 1921, the Company has been publicly traded since 1925.

__________________________________________
1
For toll-free phone numbers, refer to the following link: https://www.netroadshow.com/events/global-numbers?confId=49005

Media Contact
Jennifer Pakradooni
globalcommunications@newmont.com

Investor Contact - Global
Neil Backhouse
investor.relations@newmont.com

Investor Contact – Asia Pacific
Natalie Worley
apac.investor.relations@newmont.com

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
Astral Resources (ASX:AAR)

Astral Resources NL (ASX: AAR) – Reinstatement to Quotation

Description

The suspension of trading in the securities of Astral Resources NL (‘AAR’) will be lifted immediately following the release by AAR of an announcement regarding the outcome of an application to court by the Company seeking orders in relation to the Company’s inadvertent failure to lodge a cleansing notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) within the prescribed 5 day period after the issue of shares on 9 April 2024.

Keep reading...Show less
Warriedar Resources

First Diamond Drilling Results at Ricciardo Deliver High-Grade Gold Extensions

Warriedar Resources Limited (ASX: WA8) (Warriedar or the Company) is pleased to provide an update on drilling progress and release the first results from diamond drilling undertaken at the Ricciardo deposit within its Golden Range Project, located in the Murchison region of Western Australia (Figure 1).

Keep reading...Show less
Gold nuggets on dark ground.

Top 5 Junior Gold Stocks on the TSXV in 2024

2024 has been a storybook year for gold. Gold prices saw significant gains through the first half of 2024 and set an all time high of US$2,450.05 on May 19.

Prices were supported by strong central bank buying, particularly by China, Turkey and India, along with resilient retail purchases that came despite high prices. Further momentum was carried as sentiment for the precious metal helped stem outflows from western exchange-traded funds in March and April.

Although gold experienced a slight pullback at the end of Q2, prices have remained elevated, continuing to trade above US$2,300 level. Despite gold’s solid performance at the end of 2023 and continued high prices in 2024, it wasn’t until after gold’s dramatic breakout that some of the major gold stocks saw some upward momentum.

Keep reading...Show less

Latest Press Releases

Related News

×