Winnipeg, Manitoba–(Newsfile Corp. – December 18, 2024) – Snow Lake Sources (NASDAQ:) Ltd., d/b/a Snow Lake Vitality (NASDAQ: LI™) (“Snow Lake”), a uranium exploration firm, in the present day introduced that it intends to supply to promote its widespread shares (or pre-funded warrants (“Pre-Funded Warrants”) in lieu thereof) in a finest efforts public providing. The entire widespread shares (or Pre-Funded Warrants in lieu thereof) are to be offered by the Firm.
ThinkEquity is performing as sole placement agent for the providing.
The providing is topic to market circumstances and there will be no assurance as as to if or when the providing could also be accomplished, or as to the precise measurement or phrases of the providing.
The Firm intends to make use of the web proceeds from the providing primarily for working capital and basic company functions.
The securities will likely be supplied and offered pursuant to a shelf registration assertion on Kind F-3 (File No. 333-272324), together with a base prospectus, filed with the U.S. Securities and Trade Fee (the “SEC”) on June 1, 2023 and declared efficient on August 9, 2023. The providing will likely be made solely by the use of a written prospectus. A preliminary prospectus complement and accompanying prospectus describing the phrases of the providing has been or will likely be filed with the SEC on its web site at www.sec.gov. Copies of the preliminary prospectus complement and the accompanying prospectus regarding the providing might also be obtained from the places of work of ThinkEquity, 17 State Avenue (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 the opposite paperwork that the Firm has filed with the SEC which might be integrated by reference in such preliminary prospectus complement and the accompanying prospectus, which offer extra details about the Firm and such 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 by which such supply, solicitation or sale could be illegal previous to registration or qualification beneath the securities legal guidelines of such state or jurisdiction.
About Snow Lake Sources Ltd.
Snow Lake Sources Ltd., d/b/a Snow Lake Vitality, is a Canadian clear vitality exploration firm listed on (NASDAQ: LI™), with a worldwide portfolio of fresh vitality mineral initiatives comprised of two uranium initiatives and two exhausting rock lithium initiatives. The Black Lake Mission is an exploration stage challenge positioned within the Athabasca Basin, Saskatchewan and the Engo Valley Uranium Mission is an exploration stage challenge positioned within the Skeleton Coast of Namibia. The Shatford Lake Mission is an exploration stage challenge positioned adjoining to the Tanco tantalum, cesium, and lithium mine in Southern Manitoba, and the Snow Lake Lithium™ Mission is an exploration stage challenge positioned within the Snow Lake area of Northern Manitoba.
The present focus of Snow Lake is advancing the exploration of its two uranium initiatives to produce the uncooked supplies wanted for the clear vitality transition and emissions free energy, whereas exploration actions on its two lithium initiatives will stay restricted till such time because the lithium market recovers from its present depressed ranges. Study extra at www.snowlakeenergy.com.
Ahead-Trying Statements
This press launch comprises “forward-looking statements” inside the which means of Part 27A of the Securities Act of 1933, Part 21E of the Securities Trade Act of 1934 and the “safe harbor” provisions beneath the Personal Securities Litigation Reform Act of 1995 which might be topic to substantial dangers and uncertainties. All statements, apart from statements of historic truth, contained on this press launch are forward-looking statements, together with with out limitation statements with regard to Snow Lake Sources Ltd.. We base these forward-looking statements on our expectations and projections about future occasions, which we derive from the data presently out there to us. Ahead-looking statements contained on this press launch could also be recognized by way of phrases reminiscent of “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will,” “would,” or the detrimental of those phrases or different comparable expressions, though not all forward-looking statements include these phrases. Ahead-looking statements are based mostly on Snow Lake Sources Ltd.’s present expectations and are topic to inherent uncertainties, dangers and assumptions which might be tough to foretell. Additional, sure forward-looking statements are based mostly on assumptions as to future occasions that will not show to be correct. A few of these dangers and uncertainties are described extra absolutely within the part titled “Risk Factors” in our registration statements and annual experiences filed with the Securities and Trade Fee. Ahead-looking statements contained on this announcement are made as of this date, and Snow Lake Sources Ltd. undertakes no obligation to replace such info besides as required beneath relevant regulation.
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