Winnipeg, Manitoba–(Newsfile Corp. – December 18, 2024) – Snow Lake Assets (NASDAQ:) Ltd., d/b/a Snow Lake Vitality (NASDAQ: LI™) (“Snow Lake”), a uranium exploration firm, at this time introduced that it intends to supply to promote its widespread shares (or pre-funded warrants (“Pre-Funded Warrants”) in lieu thereof) in a greatest efforts public providing. The entire widespread shares (or Pre-Funded Warrants in lieu thereof) are to be offered by the Firm.
ThinkEquity is appearing as sole placement agent for the providing.
The providing is topic to market situations 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 online proceeds from the providing primarily for working capital and common company functions.
The securities will probably be provided 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 Alternate Fee (the “SEC”) on June 1, 2023 and declared efficient on August 9, 2023. The providing will probably 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 probably 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 may additionally be obtained from the workplaces of ThinkEquity, 17 State Avenue (NYSE:), forty first Ground, 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 are integrated by reference in such preliminary prospectus complement and the accompanying prospectus, which give extra details about the Firm and such providing.
This press launch shall not represent a suggestion to promote or the solicitation of a suggestion 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 Assets Ltd.
Snow Lake Assets Ltd., d/b/a Snow Lake Vitality, is a Canadian clear vitality exploration firm listed on (NASDAQ: LI™), with a world portfolio of unpolluted vitality mineral tasks comprised of two uranium tasks and two laborious rock lithium tasks. The Black Lake Undertaking is an exploration stage venture situated within the Athabasca Basin, Saskatchewan and the Engo Valley Uranium Undertaking is an exploration stage venture situated within the Skeleton Coast of Namibia. The Shatford Lake Undertaking is an exploration stage venture situated adjoining to the Tanco tantalum, cesium, and lithium mine in Southern Manitoba, and the Snow Lake Lithium™ Undertaking is an exploration stage venture situated within the Snow Lake area of Northern Manitoba.
The present focus of Snow Lake is advancing the exploration of its two uranium tasks to provide the uncooked supplies wanted for the clear vitality transition and emissions free energy, whereas exploration actions on its two lithium tasks 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” throughout the that means of Part 27A of the Securities Act of 1933, Part 21E of the Securities Alternate Act of 1934 and the “secure harbor” provisions beneath the Personal Securities Litigation Reform Act of 1995 which are topic to substantial dangers and uncertainties. All statements, aside from statements of historic reality, contained on this press launch are forward-looking statements, together with with out limitation statements with regard to Snow Lake Assets Ltd.. We base these forward-looking statements on our expectations and projections about future occasions, which we derive from the knowledge presently out there to us. Ahead-looking statements contained on this press launch could also be recognized by way of phrases corresponding to “anticipate,” “consider,” “ponder,” “might,” “estimate,” “count on,” “intend,” “search,” “might,” “may,” “plan,” “potential,” “predict,” “venture,” “goal,” “purpose,” “ought to,” “will,” “would,” or the unfavourable of those phrases or different comparable expressions, though not all forward-looking statements include these phrases. Ahead-looking statements are primarily based on Snow Lake Assets Ltd.’s present expectations and are topic to inherent uncertainties, dangers and assumptions which are troublesome to foretell. Additional, sure forward-looking statements are primarily based 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 “Threat Components” in our registration statements and annual experiences filed with the Securities and Alternate Fee. Ahead-looking statements contained on this announcement are made as of this date, and Snow Lake Assets Ltd. undertakes no obligation to replace such data besides as required beneath relevant legislation.
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