Jangada Mines PLC ValOre Announcement (5767P)
18 February 2021 - 8:45PM
UK Regulatory
TIDMJAN
RNS Number : 5767P
Jangada Mines PLC
18 February 2021
Jangada Mines plc / EPIC: JAN.L / Market: AIM / Sector:
Mining
18 February 2021
Jangada Mines plc ('Jangada' or the 'Company')
ValOre Announcement
Jangada Mines plc, a natural resources company, is pleased to
note the announcement released on 17 February 2021 by TSX-V listed
ValOre Metals Corp. ('ValOre').
The announcement has been reproduced exactly as reported below
and can be viewed in full on ValOre's website using the following
link:
http://valoremetals.com/news-media/news-releases/2021/valore-closes-833-million-private-placement
ValOre Closes $8.33 Million Private Placement
Not for distribution to United States newswire services or for
dissemination in the United States.
Vancouver, British Columbia, February 17, 2021 - ValOre Metals
Corporation ("ValOre") (TSX-V: VO) today announced the closing of
the previously disclosed Private Placement (see ValOre news
releases dated January 29, 2021 and February 16, 2021). ValOre
issued 27,758,334 Units at a price of $0.30 per unit for gross
proceeds of $8,327,500.20. Each Unit consists of one common share
("Share") and one-half of one common share purchase warrant (each
whole common share purchase warrant, a "Warrant"). Each Warrant
will be exercisable into one Share for C$0.45 per Share for a
period of two years expiring February 17, 2023.
All securities issued under this placement are subject to TSXV
and securities regulatory legends expiring on June 18, 2021.
Finders' fees of $278,249.42 and 927,498 Warrants were issued to
various finders under the Placement. The finders warrants have the
same terms and conditions as the Warrants issued to the subscribers
under the Placement.
About ValOre
ValOre Metals Corp. (TSX--V: VO) is a Canadian company with a
portfolio of high--quality exploration projects. ValOre's team aims
to deploy capital and knowledge on projects which benefit from
substantial prior investment by previous owners, existence of
high-value mineralization on a large scale, and the possibility of
adding tangible value through exploration, process improvement, and
innovation.
On behalf of the Board of Directors,
"Jim Paterson"
James R. Paterson, Chairman and CEO
ValOre Metals Corp.
For further information about, ValOre Metals Corp. or this news
release, please visit our website at www.valoremetals.com or
contact Investor Relations toll free at 1.888.331.2269, at
604.653.9464, or by email at contact@valoremetals.com .
ValOre Metals Corp. is a proud member of Discovery Group. For
more information please visit: discoverygroup.ca
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 release.
Cautionary Statement Regarding Forward-Looking Information
This news release contains "forward-looking statements" within
the meaning of applicable securities laws. Although ValOre believes
that the expectations reflected in its forward-looking statements
are reasonable, such statements have been based on factors and
assumptions concerning future events that may prove to be
inaccurate. These factors and assumptions are based upon currently
available information to ValOre. Such statements are subject to
known and unknown risks, uncertainties and other factors that could
influence actual results or events and cause actual results or
events to differ materially from those stated, anticipated or
implied in the forward-looking statements. A number of important
factors including those set forth in other public filings could
cause actual outcomes and results to differ materially from those
expressed in these forward-looking statements. Factors that could
cause the actual results to differ materially from those in
forward-looking statements include the future operations of ValOre
and economic factors. Readers are cautioned to not place undue
reliance on forward-looking statements. The statements in this
press release are made as of the date of this release and, except
as required by applicable law, ValOre does not undertake any
obligation to publicly update or to revise any of the included
forward-looking statements, whether as a result of new information,
future events or otherwise. ValOre undertakes no obligation to
comment on analyses, expectations or statements made by third
parties in respect of ValOre, or its financial or operating results
or (as applicable), their securities.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE
EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF
THIS RELEASE.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014. Upon the publication of
this announcement, this inside information is now considered to be
in the public domain.
ENDS
For further information please visit www.jangadamines.com or
contact:
Jangada Mines plc Brian McMaster (Chairman) Tel: +44 (0) 20
7317 6629
Strand Hanson Limited James Spinney Tel: +44 (0)20 7409
(Nominated & Financial Ritchie Balmer 3494
Adviser) Jack Botros
Brandon Hill Capital Jonathan Evans Tel: +44 (0)20 3463
(Broker) Oliver Stansfield 5000
St Brides Partners Isabel de Salis Tel: +44 (0)20 7236
Ltd Beth Melluish 1177
(Financial PR)
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCGCGDDCXBDGBI
(END) Dow Jones Newswires
February 18, 2021 04:45 ET (09:45 GMT)
Jangada Mines (LSE:JAN)
Historical Stock Chart
From Jun 2024 to Jul 2024
Jangada Mines (LSE:JAN)
Historical Stock Chart
From Jul 2023 to Jul 2024