VANCOUVER, BC, March 24, 2022 /CNW/ - Josemaria Resources
Inc. (TSX: JOSE) (OMX: JOSE) (OTCQB: JOSMF) ("Josemaria" or
the "Company"), is pleased to note the publication of a Swedish
prospectus (the "Prospectus") prepared by Lundin Mining Corporation
("Lundin Mining") (TSX: LUN) (OMX: LUMI) in connection with the
previously announced transaction whereby Lundin Mining will acquire
all of the outstanding shares of the Company (the "Transaction") on
the terms and conditions set out in the arrangement agreement
between the Company and Lundin Mining dated December 19, 2021 (the "Arrangement Agreement").
View PDF version.
The Prospectus was approved by and registered with the Swedish
Financial Supervisory Authority (Sw. Finansinspektionen) today. The
Prospectus includes, among other things:
- Relevant risk factors applicable to the Transaction
- Business overviews of Lundin Mining and Josemaria
Completion of the Transaction is conditional upon, among other
things, approval of the Transaction by the securityholders of the
Company, regulatory approvals including approval of the TSX and
Nasdaq Stockholm, and obtaining final approval of the Transaction
from the Supreme Court of British
Columbia. Subject to the satisfaction of these and other
customary conditions, the Transaction is expected to close on or
around April 28, 2022. Further
details regarding the terms of the Transaction are set out in the
Arrangement Agreement, which is available under Josemaria's profile
at www.sedar.com.
The Prospectus is available on Lundin Mining's website at
www.lundinmining.com, and will be available on the Swedish
Financial Supervisory Authority's website at www.fi.se.
ABOUT JOSEMARIA
Josemaria Resources Inc. is a natural
resources company focused on developing its advanced stage, 100%
owned Josemaria Copper-Gold Project in the San Juan Province of
Argentina. The Company is a
reporting issuer in all Provinces and its corporate head office is
in Vancouver, BC. The Company's
shares are listed on the TSX and on Nasdaq Stockholm under the
symbol "JOSE", and trade on the OTCQB under the symbol "JOSMF".
ADDITIONAL INFORMATION
This information was submitted
for publication, through the agency of the contact person set out
below, on March 24, 2022 at
17:00 EDT.
On behalf of the Board of Directors of Josemaria Resources,
Adam Lundin,
President and CEO
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TSX: JOSE | OTCQB: JOSMF | Nasdaq Stockholm: JOSE | WKN: A2PN5S |
ISIN: CA48086P1009
CAUTIONARY NOTE REGARDING FORWARD-LOOKING
INFORMATION:
This press release includes certain
"forward-looking information" and "forward-looking statements"
(collectively "forward-looking information") within the meaning of
applicable securities legislation. All statements, other than
statements of historical fact, included herein, including, without
limitation, the consummation of the Transaction and the payment of
consideration thereunder; the satisfaction of the conditions
precedent to the Transaction, including final Court approval,
the approval of the Transaction by the securityholders of the
Company, and other regulatory approvals; and the expected timing of
closing of the Transaction; are forward-looking information.
Forward-looking information is frequently, but not always,
identified by words such as "expects", "anticipates", "believes",
"intends", "estimates", "potential", "possible", and similar
expressions, or statements that events, conditions, or results
"will", "may", "could", or "should" occur or be achieved. These
forward-looking statements may also include statements that are not
statements of fact.
Forward-looking information involves various risks and
uncertainties. There can be no assurance that such information will
prove to be accurate, and actual results and future events could
differ materially from those anticipated in such information.
Important factors that could cause actual results to differ
materially from the Company's expectations include failure to
receive the required court and regulatory approvals to effect the
Transaction; changes in laws, regulations and government practices;
the potential of a third party making a superior proposal to the
Transaction; risks pertaining to the outbreak of the global
pandemics, including COVID-19; government regulation of mining
operations; environmental risks; and other risks and uncertainties
disclosed in the Company's periodic filings with Canadian
securities regulators and in other Company reports and documents
filed with applicable securities regulatory authorities from time
to time, including the Company's Annual Information Form available
under the Company's profile at www.sedar.com. The Company's
forward-looking information reflects the beliefs, opinions, and
projections on the date the statements are made. The Company
assumes no obligation to update the forward-looking information or
beliefs, opinions, projections, or other factors, should they
change, except as required by law.
SOURCE Josemaria Resources Inc.
