Maturity of non-convertible secured debentures extended by 6 months until May 31, 2023
TORONTO, ON / ACCESSWIRE / November 28, 2022 / Voyager Metals Inc (the “Company” or “Voyager”) (TSXV:VONE) announces that it has signed an agreement to extend the maturity of the previously announced $3.9 million non-convertible secured debentures (the “Debentures”) (see news release dated June 1, 2021). The new maturity date of the Debentures has been extended to May 31,2023. All other terms of the Debentures remain as previously announced.
The Company also announces that it has granted an aggregate of 150,000 incentive stock options to certain eligible participants under its amended and restated omnibus incentive plan. The options are exercisable, subject to vesting provisions, over a period of five years at a price of $0.12 per share.
À propos de Voyager Metals Inc
Voyager Metals Inc. est une société d’exploration minière basée au Canada qui se concentre actuellement sur l’avancement de son projet de minerai de fer magnétite du Mont Sorcier, situé tout près de Chibougamau, au Québec.
At Mont Sorcier, Voyager is rapidly advancing the project towards Feasibility and permitting The project currently has Indicated Resources of 679M tonnes grading 27.8% magnetite and 0.20% V2O5, with the potential to produce 195M tonnes of magnetite concentrate grading at least 65% Fe and 0.52% vanadium pentoxide (V2O5) and a further Inferred Resource estimated at 547M tonnes grading 26.1% magnetite and 0.17% V2O5, with the potential to produce 148M tonnes of magnetite concentrate grading at least 65% Fe and 0.52% vanadium pentoxide (V2O5).
Au nom du conseil d’administration de Voyager Metals :
Cliff Hale-Sanders,
President and CEO
Tel: +1-416-819-8558
csanders@voyagermetals.com
David Ball
Vice President, Corporate Development
Tel: +1-647-796-0068
dball@voyagermetals.com
Mise en garde concernant les énoncés prévisionnels
Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n'acceptent la responsabilité de la pertinence ou de l'exactitude de ce communiqué.
This news release contains “forward looking statements” or “forward-looking information” (collectively “Forward-Looking Statements”) that involve a number of risks and uncertainties. Forward Looking Statements are statements that are not historical facts and are generally, but not always, identified by the use of forward looking terminology such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “guidance”, “outlook”, “intends”, “anticipates”, “believes”, or variations of such words and phrases or that state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative of any of these terms or similar expressions. The Forward-Looking Statements in this press release relate to, among other things: the anticipated completion date of the BFS. Forward Looking Statements are based on certain key assumptions and the opinions and estimates of management and Qualified Persons (in the case of technical and scientific information), as of the date such statements are made, and they involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any other future results, performance or achievements expressed or implied by the Forward Looking Statements. In addition to factors already discussed in this news release, such factors include, among others: there being no assurance that the Company will upgrade a significant portion of the North Zone to the Measured and Indicated categories to support the pending feasibility study; as well as those risk factors discussed or referred to in the Company’s MD&A under the heading “Risk Factors” and under the heading “Forward-looking statements and use of estimates” which include further details on material assumptions used to develop such Forward Looking Statements and material risk factors that could cause actual results to differ materially from Forward Looking Statements, and other documents filed from time to time with the securities regulatory authorities in all provinces and territories of Canada and available on SEDAR at www.sedar.com.
Les informations prospectives et les énoncés prévisionnels du présent communiqué de presse ne garantissent pas le rendement futur et l’on ne doit pas s’y fier aveuglément. Ces informations et énoncés comportent des risques connus et inconnus, des incertitudes et d’autres facteurs susceptibles d’entraîner une différence considérable entre les résultats ou événements réels et ceux prévus, y compris, mais sans s’y limiter, en ce qui concerne la capacité de Voyager à recevoir toutes les approbations légales, judiciaires et des porteurs de titres nécessaires à la réalisation de l’arrangement et certains autres risques figurant aux documents de divulgation publique de la société, dont, notamment, les risques présentés dans ce communiqué de presse et dans les documents relatifs à l’assemblée, dont des copies sont disponibles sur le profil de Voyager dans SEDAR, à l’adresse www.sedar.com. Les informations prospectives et les énoncés prévisionnels qui figurent dans ce communiqué de presse sont valables en date du moment de publication; la société n’assume aucune obligation de les mettre à jour publiquement ou de les réviser pour refléter de nouveaux événements ou de nouvelles circonstances, sauf si elle y est tenue en vertu des lois applicables. La Bourse de croissance TSX et son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n’assument aucune responsabilité quant à la pertinence ou à l’exactitude des présentes.
SOURCE: Voyager Metals Inc.