Winnipeg, Manitoba–(Newsfile Corp. – December 18, 2024) – Snow Lake Sources (NASDAQ:) Ltd., d/b/a Snow Lake Power (NASDAQ: LI™) (“Snow Lake”), a uranium exploration firm, right this moment introduced its intention to supply to promote its odd shares (or its pre-financed shares of subscription warrants (“Pre-funded subscription warrants”) in lieu thereof) within the context of a public providing of means. All odd shares (or pre-funded warrants in lieu thereof) have to be bought by the Firm.
ThinkEquity is appearing as sole placement agent for the providing.
The providing is topic to market situations and there may be no assurance as as to if or when the providing could also be accomplished or as to the precise dimension or phrases of the providing.
The Firm intends to make use of the online proceeds from the providing primarily for working capital and common company functions.
The securities shall be supplied and bought pursuant to a shelf registration assertion on Type F-3 (File No. 333-272324), together with a base prospectus, filed with america Securities and Trade Fee (the “SEC “) on June 1st. 2023 and declared efficient on August 9, 2023. The providing shall be made solely via a written prospectus. A preliminary prospectus complement and accompanying prospectus describing the phrases of the providing have been or shall be filed with the SEC on its web site at www.sec.gov. Copies of the preliminary prospectus complement and accompanying prospectus regarding the providing may be obtained from the places of work of ThinkEquity, 17 State Road (NYSE:), 41st Flooring, New York, New York 10004. Earlier than investing on this providing, events ought to learn of their entirety the preliminary prospectus complement and the accompanying prospectus and different paperwork that the Firm has filed with the SEC and that are integrated by reference into this preliminary doc. the prospectus complement and accompanying prospectus, which offer extra details about the Firm and this providing.
This press launch shall not represent a proposal to promote or the solicitation of a proposal to purchase, nor shall there be any sale of those securities in any state or jurisdiction through which such provide, solicitation or sale could be illegal. previous to registration or qualification below the securities legal guidelines of any such state or jurisdiction.
About Snow Lake Sources Ltd.
Snow Lake Sources Ltd., d/b/a Snow Lake Power, is a Canadian clear vitality exploration firm listed on the (NASDAQ: LI™), with a worldwide portfolio of fresh vitality mineral initiatives together with two initiatives uranium and two exhausting rock lithium initiatives. initiatives. The Black Lake Undertaking is an exploration-stage undertaking situated within the Athabasca Basin, Saskatchewan, and the Engo Valley Uranium Undertaking is an exploration-stage undertaking situated on the Skeleton Coast of Namibia. The Shatford Lake Undertaking is an exploration-stage undertaking situated adjoining to the Tanco tantalum cesium lithium mine in southern Manitoba, and the Snow Lake Lithium™ Undertaking is an exploration-stage undertaking situated within the Snow Lake area of northern Manitoba.
Snow Lake’s present focus is to advance exploration at its two uranium initiatives to supply the uncooked supplies wanted for the clear vitality transition and zero-emissions vitality, whereas exploration actions on its two lithium initiatives will stay restricted till the lithium market recovers. from its present depressed ranges. Be taught extra at www.snowlakeenergy.com.
Ahead-looking statements
This press launch incorporates “forward-looking statements” throughout the which means of Part 27A of the Securities Act of 1933, Part 21E of the Securities Trade Act of 1934 and the “secure harbor” provisions of the Personal Securities Litigation Reform Act of 1995 that are topic to important dangers and uncertainties. All statements, apart from statements of historic reality, contained on this press launch are forward-looking statements, together with, with out limitation, statements relating to Snow Lake Sources Ltd.. We base these forward-looking statements on our expectations and projections about future occasions, which we derive from the knowledge we presently have. Ahead-looking statements contained on this press launch may be recognized by way of phrases similar to “anticipate”, “consider”, “take into account”, “might”, “estimate”, “anticipate”, “have the intention to”, “search”, “can”, “might”, “plan”, “potential”, “predict”, “undertaking”, “goal”, “goal”, “ought to”, “will”, “would” ” or the detrimental type of these phrases or different related expressions, though that not all forward-looking statements include these phrases. Ahead-looking statements are primarily based on Snow Lake Sources Ltd.’s present expectations and are topic to inherent uncertainties, dangers and assumptions which are troublesome to foretell. primarily based on assumptions about future occasions that will not show to be correct A few of these dangers and uncertainties are described in additional element within the part entitled “Threat Elements” in our registration statements and annual studies filed with. Securities and Trade Fee. The forward-looking statements contained on this announcement are made as of this date and Snow Lake Sources Ltd. assumes no obligation to replace this data, besides as required by relevant legislation.
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