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07:22:02 EDT Fri 17 May 2024
Enter Symbol
or Name
USA
CA



Green Battery Minerals Inc
Symbol GEM
Shares Issued 86,088,644
Close 2023-12-27 C$ 0.05
Market Cap C$ 4,304,432
Recent Sedar Documents

Green Battery arranges $175,000 private placement

2023-12-27 20:19 ET - News Release

Subject: NR PDF Document File: Attachment NR (PP $175K FT Units) Dec 27 2023.pdf 2200 1250 Rene Levesque Blvd. Montreal, QC, H3B 4W8 Phone: (438) 469-0705 Phone: (604) 343-7740 Email: info@greenbatteryminerals.com NEWS RELEASE GREEN BATTERY ANNOUNCES FLOW-THROUGH FINANCING December 27, 2023 Symbol: GEM Vancouver, B.C., Canada, December 27, 2023 Green Battery Minerals Inc. (the "Company") (TSX-V: GEM, FSE: BK2P, WKN: A2QENP OTC: GBMIF) announces that it will carry out an offering of 2,500,000 flow-through units at the price of $0.07 per unit for an aggregate amount of $175,000. Each unit is comprised of one flow-through common share and one-half of one share purchase warrant for the purchase of one common share at the price of $0.10 and having an exercise period of three (3) years, subject to the following acceleration provision: in the event that if the Company's common shares trade at or above $0.25 for a period of 10 consecutive days in which case the Warrants shall expire 30 days from the date the Company provides notice of such acceleration. The Company shall pay finders fees comprised of a combination of cash and compensation warrants. The compensation warrants are exercisable at $0.07 for a period of three (3) years. Proceeds of the Private Placement will be used for working capital on the Company's natural resource properties. All securities issued will be subject to a four month hold period which will expire on the date that is four months and one day from the date of issue. The foregoing is subject to the approval of the TSX Venture Exchange. On Behalf of the Board of Directors GREEN BATTERY MINERALS INC. "Thomas Yingling" President, CEO & Director 2200 1250 Rene Levesque Blvd. Montreal, QC, H3B 4W8 Phone: (438) 469-0705 #1100 - 1111 Melville Street, Vancouver, BC, V6E 3V6 Phone: (604) 343-7740 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.sedarplus.ca. 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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