(TheNewswire)
Vancouver, British Columbia - TheNewswire - October 23, 2023 - Happy Creek Minerals Ltd. (TSX-V:HPY) (“ Happy Creek ” or the“ Company ”) is issuing a correction to thefinder’s fee for the private placement financing previouslyannounced on October 16, 2023.
The Company will pay a cash finder’s fee equal to 6%of the gross proceeds raised and issue finder’s warrants to certainfinders in a quantity equal to 6% of the aggregate number of commonshares sold. Each finder’s warrant will entitle the holder topurchase one common share of the Company at a price of $0.12 percommon share for a period of two years following the closing of thePrivate Placement.
All other terms remain the same.
About Happy Creek Minerals Ltd.
Happy Creek is focused on making new discoveries andbuilding resources in proximity to infrastructure on the Company’s100%-owned portfolio of diversified metals projects in BritishColumbia. The Company’s Management, Board of Directors and TechnicalAdvisors have solid expertise and depth in the mineral resource sectorand capital markets.
Additional information relating to Happy Creek MineralsLtd. may be obtained or viewed on the SEDAR+ website at www.sedar.com or on theCompany’s website at www.happycreekminerals.com .
Indigenous Communities
Happy Creek is committed to responsible mineralresource development. The Company’s priority is to build and sustainmutually beneficial relationships with Indigenous Communities in theterritories in which the Company explores.
On behalf of the Board of Directors,
“Michael Cathro”
Interim President and Chief Executive Officer
FOR FURTHER INFORMATION, PLEASECONTACT:
Michael Cathro
Phone:1-250-682-7168
Email: mcathro@happycreekminerals.com
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.
Certain statements made and information contained herein in the newsrelease constitutes "forward-looking information" and"forward-looking statements" within the meaning ofapplicable securities legislation (collectively, "forward-lookinginformation"). The forward-looking information contained in thisnews release is based on information available to the Company as ofthe date of this news release. Except as required under applicablesecurities legislation, the Company does not intend, and does notassume any obligation, to update this forward-looking information.Generally, this forward-looking information can frequently, but notalways, be identified by use of forward-looking terminology such as"plans", "expects" or "does not expect","is expected", "budget", "scheduled","estimates", "forecasts", "intends","anticipates" or "does not anticipate", or"believes", or variations of such words and phrases orstatements that certain actions, events, conditions or results"will", "may", "could","would", "might" or "will be taken","occur" or "be achieved" or the negative connotations thereof. All statements other than statements ofhistorical fact may be forward-looking statements. Forward-lookingstatements contained in this news release include statements regardingthe closing of the Private Placement (including receipt of allrequired regulatory approvals), the number of Common Shares soldpursuant to the Private Placement, the insider participation in thePrivate Placement, the use of proceeds from the Private Placement, thefocus and objective of future work programs, the expected results orsuccess of future exploration activities, and the growth strategy ofthe Company. Although the Company believes that the expectationsreflected in such forward-looking statements and/or information arereasonable, undue reliance should not be placed on forward-lookingstatements since the Company can give no assurance that suchexpectations will prove to be correct. These statements involve knownand unknown risks, uncertainties and other factors that may causeactual results or events to differ materially from those anticipatedin such forward-looking statements, including but not limited to risksrelated to: receipt of required regulatory approvals for, and theclosing of, the Private Placement, insider participation in thePrivate Placement, Mineral Resources estimates, estimations of costs,and permitting time lines; ability to obtain surface rights andproperty interests; currency exchange rate fluctuations; requirementsfor additional capital; changes to government regulation of miningactivities; environmental risks; unanticipated reclamation orremediation expenses; title disputes or claims; limitations oninsurance coverage; and other risks, uncertainties and other factorsidentified in the Company's periodic filings with Canadian securitiesregulators. In addition, these statements involve assumptions madeincluding that the current price of and demand for commodities will besustained or will improve, that the general business and economicconditions will not change in a material adverse manner, thatfinancing will be available if and when needed on reasonable terms andthat the Company will not experience any material labour dispute,accident, or failure of plant or equipment. These factors are not,and should not be construed as being, exhaustive.
The forward-looking statements contained in this news release are madeas at the date of this news release and the Company does not undertakeany obligations to publicly update and/or revise any of the includedforward-looking statements, whether as a result of additionalinformation, future events and/or otherwise, except as may be requiredby applicable securities laws. Forward-looking information is providedfor the purpose of providing information about management's currentexpectations and plans and allowing investors and others to get abetter understanding of the Company's operating environment. Althoughthe Company has attempted to identify important factors that wouldcause actual results to differ materially from those contained inforward-looking information, there may be other factors that causeresults not to be as anticipated, estimated, or intended. There can beno assurance that such statements will prove to be accurate, as actualresults and future events could differ materially from thoseanticipated in such statements. All the forward-looking informationcontained in this document is qualified by these cautionarystatements. Readers are cautioned not to place undue reliance onforward-looking information due to the inherent uncertainty thereof.
Copyright (c) 2023 TheNewswire - All rights reserved.