Business
KORE Updates Anticipated Closing Date for Bought Deal Financing
KORE Updates Anticipated Closing Date for Bought Deal Financing Canada NewsWire...
About this update from Kore Mining Ltd.
[{"type":"text","content":"\n \n \n \n KORE Updates Anticipated Closing Date for Bought Deal Financing\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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n VANCOUVER, BC\n \n ,\n \n June 9, 2021\n \n /CNW/ - KORE Mining Ltd. (TSXV: KORE) (OTCQX: KOREF) (\"\n \n KORE\n \n \" or the \"\n \n Company\n \n \") announces that further to the announcement of the\n \n C$8 million\n \n bought deal financing through a syndicate of underwriters led by Canaccord Genuity Corp. and including PI Financial Corp. and Cormark Securities Inc.\n \n on\n \n May 11, 2021\n \n \n (the \"\n \n Financing\n \n \"), the anticipated closing date of the Financing has been extended. The Company is working with the British Columbia Securities Commission (\"\n \n BCSC\n \n \") in connection with its prospectus review process and will be required to file amended technical reports for its Imperial and Long Valley Projects to address certain form related and other required revisions. The Company intends to file the amended technical reports and final prospectus in connection with the Financing as soon as possible following receipt of clearance to file from the BCSC. A further update will be disseminated once the final prospectus has been cleared by the BCSC and filed.\n \n \n The TSX Venture Exchange has conditionally approved the Financing and the listing of the common shares to be issued and issuable in connection with the Financing, subject to customary conditions.\n \n \n \n This press release is not an offer or a solicitation of an offer of securities for sale in\n \n the United States\n \n . The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in\n \n the United States\n \n absent registration or an applicable exemption from registration.\n \n \n \n \n About KORE Mining\n \n \n KORE is 100% owner of the Imperial and\n \n Long Valley\n \n gold projects in\n...