Angold Resources files final base shelf prospectus
Vancouver, British Columbia – (Newsfile Corp. – November 26, 2021) – Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) (“Angold“or the”Society”) is pleased to announce that it has filed a final short form base shelf prospectus (the “shelf prospectus”) with the securities regulatory authorities in each of the provinces of Canada, except Quebec.
Subject to securities regulatory requirements, the shelf prospectus will provide for the potential offer in Canada of up to CA $ 25,000,000 of common shares, preferred shares, debt securities, warrants. , Subscription Receipts and Angold Units from time to time, separately or together. , over an effective period of 25 months. There can be no assurance that any securities will be offered or sold under the base shelf prospectus.
This shelf prospectus is filed to give Angold the flexibility to take advantage of financing opportunities at its discretion and when market conditions are favorable. The terms of such future offers, if any, will be established at the time of such offers. At the time any of the securities covered by the shelf prospectus is offered for sale, a prospectus supplement containing specific information on the terms of such an offer will be filed with the relevant Canadian securities regulatory authorities.
A copy of the shelf prospectus is available under the Company’s profile on www.sedar.com.
Angold is an exploration and development company targeting large-scale mining systems in the afflicted districts of Maricunga, Nevada and Ontario. Angold owns a 100% interest in the Dorado, Cordillera and South Bay-Uchi projects, as well as in certain concessions attached to the optional Iron Butte project.
ON BEHALF OF THE BOARD OF DIRECTORS OF ANGOLD RESOURCES LTD.
Chief Executive Officer
This press release does not constitute an offer to sell or the solicitation of an offer to buy, and there will be no sale of such securities in any jurisdiction in which an offer, solicitation or sale would be illegal prior to the registration or qualifications under the title laws of such jurisdiction.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking statements: This press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance and include expectations regarding the resumption of trading of the Company’s common shares on the Exchange. All statements other than statements of historical fact may be forward-looking statements or information. Forward-looking statements and information are often, but not always, identified by the use of words such as “appear”, “seek”, “anticipate”, “plan”, “continue”, “estimate”, “approximate”, ” expect “,” may “,” will “,” project “,” predict “,” potential “,” targeting “,” intend “,” could “,” could “,” should “,” believe, “would” and similar expressions. Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company regarding the future. Readers are cautioned that the use of such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward-looking statements and information deal with future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results could differ materially from those currently expected due to a number of factors and risks. Therefore, readers should not place undue reliance on the forward-looking statements, timetables and information contained in this press release.