The Company intends to use the net proceeds of the Offering for ongoing exploration activities on the
'With the successful close of this financing, we welcome a new major shareholder that sees and understands the large-scale potential that Antino represents. The funds will allow us to expand our 2024 drill program and support a more robust property-scale exploration plan, solidifying our exploration roadmap through 2024,' commented
The Offering was made to purchasers resident in
In connection with the Offering, the Company paid a cash finder's fee in the aggregate amount of
This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in
About
2022 Technical Report entitled, 'Technical Report,
Contact:
Vice President
Tel: 306 537 8903
Email: katiem@fdmetals.com
Director
Tel: 647 225 0046
Email: nicks@fdmetals.com
Cautionary Statement Regarding Forward-Looking Information
This press release contains 'forward-looking information' within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the use of proceeds from the Company's recently completed financings and the future or prospects of the Company. Generally, forward-looking information can be identified by the use of forward-looking terminology such as 'plans', 'expects' or 'does not expect ', 'is expected ', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates' or 'does not anticipate', or 'believes', or variations of such words and phrases or state that certain actions, events or results 'may', 'could', 'would', 'might' or 'will be taken', 'occur' or 'be achieved'. Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market, and economic risks, uncertainties, and contingencies that may cause actual results, performance, or achievements to be materially different from those expressed or implied by forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, other factors may cause results not to be as anticipated, estimated, or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Other factors which could materially affect such forward-looking information are described in the risk factors in the Company's most recent annual management discussion and analysis. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
(C) 2024 Electronic News Publishing, source