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TUKTU RESOURCES ANNOUNCES EXPIRY OF PREVIOUSLY ANNOUNCED FINANCINGS

TUKTU RESOURCES ANNOUNCES EXPIRY OF PREVIOUSLY ANNOUNCED FINANCINGS Canada NewsWire ...

articleTuktu Resources LtdDecember 6, 20234/company/tuktu-resources-ltd/news/tuktu-resources-announces-expiry-of-previously-announced-financings
TUKTU RESOURCES ANNOUNCES EXPIRY OF PREVIOUSLY ANNOUNCED FINANCINGS

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[{"type":"text","content":"\n \n \n \n TUKTU RESOURCES ANNOUNCES EXPIRY OF PREVIOUSLY ANNOUNCED FINANCINGS\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 /NOT FOR DISTRIBUTION TO\n \n UNITED STATES\n \n NEWS WIRE SERVICES OR DISSEMINATION IN\n \n UNITED STATES\n \n . FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF SECURITIES LAWS./\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n Dec. 6, 2023\n \n \n /CNW/ -\n \n Tuktu Resources Ltd.\n \n (\"\n \n Tuktu\n \n \" or the \"\n \n Company\n \n \") (TSXV: TUK) announces the expiry of the private placement financings previously announced in its\n \n October 18, 2023\n \n press release (the \"\n \n Financings\n \n \") as the Financings were not completed within the timelines prescribed by Part 5A of National Instrument 45-106 –\n \n Prospectus and Registration Exemptions\n \n (\"\n \n NI 45-106\n \n \") and the policies of the TSX Venture Exchange (the \"\n \n TSXV\n \n \").\n \n \n The Company continues to diligently pursue alternatives to fund the interim purchase price of the previously announced acquisition of certain properties located in southern\n \n Alberta\n \n and, subject to obtaining acceptable financing (which financing may include the issuance of equity (including an offering of equity pursuant to Part 5A of NI 45-106), debt or other convertible debt instruments), intends to complete the acquisition on substantially the terms previously announced.\n \n \n \n About Tuktu Resources Ltd.\n \n \n \n Tuktu is an\n \n Alberta\n \n corporation whose common shares are currently listed on the TSXV under the trading symbol \"TUK\". For additional information about Tuktu please contact:\n \n \n \n Tuktu Resources Ltd.\n \n \n 501, 888 – 4th Avenue S.W.\n \n \n Calgary, Alberta\n \n T2P 0V2\n \n \n \n \n Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.\n \n \n \n \n \n FORWARD-LOOKING INFORMATION ADVISORIES\n \n \n \n Certain informa...

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