The Loan has a term of one year and will bear interest at an interest rate of 10% per annum calculated and compounded monthly. Subject to
The Convertible Note is subject to a four month and one-day restricted resale period expiring on
The Bolo project, located 90km northeast of
About
Contact:
Tel: +1 (604) 773-1467
Email: jeremyy@copaur.com
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in
FORWARD-LOOKING STATEMENTS
This news release contains 'forward looking information or statements' within the meaning of applicable securities laws, which may include, without limitation, the timing and receipt of required stock exchange and regulatory approvals for the Convertible Note and other statements relating to the technical, financial and business prospects of the Company and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of metals, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including those filed under the Company's profile on SEDAR at www.sedar.com. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather conditions, decrease in the price of gold and other metals, failure to maintain all necessary government permits, equipment failures, the impact of Covid-19 or other viruses and diseases on the Company's ability to operate, approvals and authorizations, failure to maintain community acceptance, increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward looking statements or forward looking information, except as required by law.
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