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22:33:24 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Green Battery Minerals Inc
Symbol GEM
Shares Issued 74,896,287
Close 2023-07-21 C$ 0.06
Market Cap C$ 4,493,777
Recent Sedar Documents

Green Battery closes $550,000 1st tranche of financing

2023-07-21 16:28 ET - News Release

Subject: Green Battery PDF Document File: Attachment 2023July21.pdf 2200 1250 Rene Levesque Blvd. Montreal, QC, H3B 4W8 #1100 - 1111 Melville Street, Vancouver, BC, V6E 3V6 Phone: Phone: (438) 469-0705 (604) 343-7740 Email: info@greenbatteryminerals.com Website: www.greenbatteryminerals.com July 21, 2023 TSX-V SYMBOL: GEM Green Battery Minerals Inc. - Private Placement Flow-Through Closes to raise $550,000 NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. PRIVATE PLACEMENT 1st TRANCHE Green Battery Minerals Inc. (the "Company") (TSX-V: GEM, FSE: BK2P, WKN: A2QENP OTC: GBMIF) announces it has closed a 1st tranche of its flow-through private placement to raise total proceeds of $550,000. A total of 7,857,357 flow-through units (the "Units") have been subscribed for at a price of $0.07 per Unit, each Unit consisting of one (1) common share and one-half (1/2) warrant exerciseable for three years at $0.10, subject to the right to be accelerated by the Company in the event that its shares trade at or above $0.25 for a period of 10 consecutive days. In such case of accelerated warrants, the Company may give notice, in writing or by way of news release, to the holders that the warrants will expire 30 days from the date of providing such notice. The Company will now apply to the TSX to issue the securities. The securities to be issued will have the required four month plus one day hold period from issuance. The Company has agreed to pay cash finder fee's of $44,001.20 and issue 628,588 finder warrants. Proceeds of the private placement will be used for working capital and continued exploration on the Company's properties. On Behalf of the Board of Directors GREEN BATTERY MINERALS LNC. `Thomas Yingling` President, CEO & Director FOR MORE INFORMATION, PLEASE CONTACT: Investor Relations: or 1-604-343-7740 info@greenbatteryminerals.com www.greenbatteryminerals.com Disclaimer for Forward-Looking Information: Certain statements in this document which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward looking statements in this news release include that the Company will carry out the drill program described in this news release, conduct the Offering and expend funds on Berkwood Graphite Project exploration. It is important to note that the Company's actual business outcomes and exploration results could differ materially from those in such forward-looking statements. Risks and uncertainties include that further permits may not be granted timely or at all; the mineral claims may prove to be unworthy of further expenditure; there may not be an economic mineral resource; methods we thought would be effective may not prove to be in practice or on our claims; economic, competitive, governmental, environmental and technological factors may affect the Company's operations, markets, products and prices; our specific plans and timing drilling, field work and other plans may change; we may not have access to or be able to develop any minerals because of cost factors, type of terrain, or availability of equipment and technology; and we may also not raise sufficient funds to carry out our plans. Additional risk factors are discussed in the section entitled "Risk Factors" in the Company's Management Discussion and Analysis for its recently completed fiscal period, which is available under Company's SEDAR profile at www.sedar.com. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect. Except as required by law, we will not update these forward-looking statement risk factors. Neither 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.

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