VANCOUVER, British Columbia, March 4, 2024 (GLOBE NEWSWIRE) — Turmalina Metals Corp. (“Turmalina” or the “Company”; TBX-TSXV, TBXXF-OTCQX, 3RI-FSE) is a company without intermediaries. Private placement of up to 15,000,000 units (“unit“) Price of $0.10 per unit (“Recruitment“), if the total gross revenue is up to $1,500,000.
Each unit consists of one common share of the capital of the Company (“share“) and one stock acquisition right (“warrantEach stock acquisition right entitles its holder to acquire one additional share (“warrant share“) will be issued at a price of $0.15 per share for a period of 24 months from the closing date of the offering.
The securities under this offering are subject to resale restrictions that expire four months and one day after issuance. The Company may pay a fee to the Registered Finder in cash and/or stock acquisition rights. The Company intends to use the net proceeds to meet ongoing costs associated with its real estate properties, as well as for general working capital purposes.
The securities issued pursuant to this offering have not been, and will not be, registered under the United States Securities Act of 1933, as amended. and may not be offered or sold in, to, or for a U.S. account or benefit. Persons who are not registered in the United States or do not have an applicable exemption from U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of securities in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful. Not.
On behalf of our company,
James Rogers, Chief Executive Officer and Director;
Website: turmalinametals.com
Address: #1507 – 1030 West Georgia St, Vancouver, BC V6E 3V7.
For inquiries regarding investor information, please call +1 833 923 3334 (toll-free) or contact us below. info@turmalinametals.com.
statement
About Tourmaline Metals: Turmalina Metals is a TSXV-listed exploration company focused on developing a portfolio of high-grade gold, copper and silver projects in South America. We focus on tourmaline breccia, a deposit style overlooked by many explorers. Turmalina Metals is responsible for multiple gold, copper and silver discoveries and is led by an experienced team in this deposition style. The Company's projects feature open high-grade mineralization under established mining licenses that present compelling drilling targets. Turmalina's flagship project is the San Francisco project in San Juan, Argentina. For more information about the San Francisco Project, please see the technical report “NI43-101 Technical Report, San Francisco Copper-Gold Project, San Juan Province, Argentina” dated November 17, 2019 under Company Profile on www.sedar.com .
Forward-looking statements: This news release contains certain statements that may be considered “forward-looking statements.” All statements in this news release, other than statements of historical fact, refer to events or developments that the Company expects to occur and are forward-looking statements. Forward-looking statements are statements that are not historical facts and generally include, but are not limited to, the words “expect,” “plan,” “anticipate,” “believe,” “intend,” and “estimate.” , identified by the word “to plan.” , “may” and similar expressions, or when an event or condition “will”, “will”, “might”, “could”, or “should” occur. “There is.” Although the Company believes that the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ from those in the forward-looking statements. The content may differ significantly. Forward-looking statements in this news release include statements regarding the TSXV's acceptance of the New OGIB Agreement and implementation of promotional activities over the term of the New OGIB Agreement. Factors that could cause actual results to differ materially from those in forward-looking statements include market and business conditions; Investors are cautioned that such statements are not guarantees of future performance and actual results or developments may differ materially from those anticipated in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates, opinions or other factors change. not.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release and does not endorse or disapprove the contents of this press release in any way. plug.
