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NUBIAN RESOURCES FILES EARLY WARNING REPORT IN RESPECT OF ATHENA GOLD CORPORATION
NUBIAN RESOURCES FILES EARLY WARNING REPORT IN RESPECT OF ATHENA GOLD CORPORATION Canad...
About this update from Carlton Precious Inc
[{"type":"text","content":"\n \n \n \n NUBIAN RESOURCES FILES EARLY WARNING REPORT IN RESPECT OF ATHENA GOLD CORPORATION\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n April 27, 2023\n \n \n /CNW/ - Nubian Resources Ltd. (TSXV: NBR) (OTCQB: NBRFF) (\"\n \n Nubian\n \n \" or the \"\n \n Company\n \n \") announces that, on\n \n April 24, 2023\n \n , it acquired ownership and control of 5,000,000 units (the \"\n \n Units\n \n \") of Athena Gold Corporation (the \"\n \n Athena\n \n \") at a price of CAD\n \n $0.07\n \n per Unit for total consideration of CAD\n \n $350,000\n \n , in connection with Athena's private placement offering (the \"\n \n Private Placement\n \n \") that was completed on\n \n April 24, 2023\n \n . Each Unit was comprised of one share of common stock,\n \n $0.0001\n \n par value (a \"\n \n Common Share\n \n \") in the capital of Athena and one Common Share purchase warrant (a \"\n \n Warrant\n \n \") of Athena. Further information in respect of the Private Placement is contained in Athena's news release dated\n \n April 24, 2023\n \n .\n \n \n \n \n \n \n \n \n \n Immediately before completion of the Private Placement, the Company held and controlled an aggregate of 50,000,000 Common Shares, representing approximately 36.74% of the issued and outstanding Common Shares on a non-diluted basis and no Warrants. Upon completion of the Private Placement, the Company held and controlled an aggregate of 55,000,000 Common Shares and 5,000,000 Warrants, representing approximately 36.52% of the issued and outstanding Common Shares on a non-diluted basis, and approximately 38.56% of the issued and outstanding Common Shares on a partially diluted basis, assuming the exercise of the 5,000,000 Warrants.\n \n \n The Company acquired the 5,000,000 Common Shares and 5,000,000 Warrants comprising the Units purchased under the Private Placement for investment purposes. Subject to applicable law, the Company may from time to time dispose of, or acquire, additional securities of Athena. The Acquiror has no present intention to ...