Each Unit is comprised of one common share and one common share purchase warrant (the 'Warrant'), with each Warrant entitling the holder to purchase one additional common share at
As disclosed in its
All securities issued in connection with the Financing are subject to a hold period of four months and one day in accordance with applicable Canadian securities laws. No commissions or finders' fees were paid in connection with the Financing. The Company now has 75,530,184 common shares issued and outstanding following the closing of the Financing.
About Starcore
Contact:
President & Chief Executive Officer
Tel: (604) 602-4935
This news release contains 'forward-looking' statements and information ('forward-looking statements'). All statements, other than statements of historical facts, included herein, including, without limitation, management's expectations and the potential of the Company's projects, are forward looking statements. Forward-looking statements are based on the beliefs of Company management, as well as assumptions made by and information currently available to Company's management and reflect the beliefs, opinions, and projections on the date the statements are made. Forward-looking statements involve various risks and uncertainties and accordingly, readers are advised not to place undue reliance on forward-looking statements. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Specifically, there is no assurance the funds raised will be used in the manner described above, or that the acquisition of mineral property interests in
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