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Pacton Clarifies Number of Shares to Be Issued to Chesterfield
Pacton Clarifies Number of Shares to Be Issued to Chesterfield
VANCOUVER, BC / ACCESSWIRE / October 19, 2022 / Pacton Gold Inc. (TSXV:PAC, OTC PINK:PACXF, FSE:2NKN) (the "Company" or "Pacton") advises that, further to its news release of earlier today (the "Earlier News Release") relating to the entry into a purchase agreement (the "Purchase Agreement") with Chesterfield Resources PLC ("Chesterfield") and its wholly owned subsidiary to acquire a 100% interest in the Adeline high-grade copper project, the Company wishes to clarify that the number of common shares of the Company (the "Shares") to be issued to Chesterfield pursuant to the Purchase Agreement is expected to be approximately 12,700,000 Shares (not the 54,482,310 Share figure reported in the Earlier News Release) (the "Consideration Shares"), such that the Chesterfield will hold approximately 19.99% of the total issued and outstanding Shares on completion of the transaction. As at today's date, the Company has 54,482,310 Shares issue and outstanding. Chesterfield's ability to sell the Consideration Shares will be restricted according to certain terms detailed in the Purchase Agreement.
On Behalf of the Board of Pacton Gold Inc.
Nav Dhaliwal
Interim President and CEO
For more information, please contact 1-(855)-584-0258 or info@pactongold.com.
This news release may contain or refer to forward-looking information based on current expectations, including, but not limited to the Company achieving success in exploring its properties and the impact on the Company of these events, including the effect on its share price. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances. References to other issuers with nearby projects is for information purposes only and there are no assurances the Company will achieve similar results.
Neither TSX Venture Exchange, the Toronto Stock Exchange nor their 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.
SOURCE: Pacton Gold
View source version on accesswire.com:
VANCOUVER, BC / ACCESSWIRE / October 19, 2022 / Pacton Gold Inc. (TSXV:PAC, OTC PINK:PACXF, FSE:2NKN) (the "Company" or "Pacton") advises that, further to its news release of earlier today (the "Earlier News Release") relating to the entry into a purchase agreement (the "Purchase Agreement") with Chesterfield Resources PLC ("Chesterfield") and its wholly owned subsidiary to acquire a 100% interest in the Adeline high-grade copper project, the Company wishes to clarify that the number of common shares of the Company (the "Shares") to be issued to Chesterfield pursuant to the Purchase Agreement is expected to be approximately 12,700,000 Shares (not the 54,482,310 Share figure reported in the Earlier News Release) (the "Consideration Shares"), such that the Chesterfield will hold approximately 19.99% of the total issued and outstanding Shares on completion of the transaction. As at today's date, the Company has 54,482,310 Shares issue and outstanding. Chesterfield's ability to sell the Consideration Shares will be restricted according to certain terms detailed in the Purchase Agreement.
温哥华,BC/ACCESSWIRE/2022年10月19日/Pacton Gold Inc.(多伦多证券交易所股票代码:PAC,OTC PINK:PACXF,FSE:2NKN)(“公司“或”Pacton)告知,继今日较早前发布有关与切斯特菲尔德资源有限公司(“切斯特菲尔德”)及其全资附属公司订立购买协议(“购买协议”)以收购Adeline高品位铜矿项目100%权益的新闻稿(“较早前新闻稿”)后,本公司希望澄清,根据购买协议将向切斯特菲尔德发行的本公司普通股(“股份”)数目预计约为12,700,000股(而非较早前新闻稿所载的54,482,310股股份数字),这样,交易完成后,切斯特菲尔德将持有约19.99%的已发行和流通股。截至今天,该公司有54,482,310股已发行和流通股。切斯特菲尔德出售对价股份的能力将根据购买协议中详细说明的某些条款受到限制。
On Behalf of the Board of Pacton Gold Inc.
代表Pacton Gold Inc.董事会。
Nav Dhaliwal
Interim President and CEO
NAV Dhaliwal
临时总裁兼首席执行官
For more information, please contact 1-(855)-584-0258 or info@pactongold.com.
欲了解更多信息,请联系1-(855)-584-0258,或电子邮件至info@pactoold.com。
This news release may contain or refer to forward-looking information based on current expectations, including, but not limited to the Company achieving success in exploring its properties and the impact on the Company of these events, including the effect on its share price. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances. References to other issuers with nearby projects is for information purposes only and there are no assurances the Company will achieve similar results.
本新闻稿可能包含或提及基于当前预期的前瞻性信息,包括但不限于公司成功勘探其资产以及这些事件对公司的影响,包括对其股价的影响。前瞻性信息受到重大风险和不确定因素的影响,因为实际结果可能与预测结果大不相同。截至本文发布之日,我们提供的是前瞻性信息,我们不承担更新或修改此类信息以反映新事件或新情况的责任。对附近项目的其他发行人的引用仅供参考,不能保证公司将取得类似的结果。
Neither TSX Venture Exchange, the Toronto Stock Exchange nor their 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.
多伦多证券交易所、多伦多证券交易所及其监管服务提供商(该术语在多伦多证券交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
SOURCE: Pacton Gold
资料来源:Pacton Gold
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