NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN
September 22, 2023, Vancouver, British Columbia – Supernova Metals Corp. (“SUPERNOVA” or the “Company”) (CSE:SUPR) (OTC:ABETF) (Frankfurt:A1S.F) is pleased to announce that it intends to complete a non-brokered private placement (the “Private Placement”) of up to 3,076,923 units (each a “Unit”) at a price of $0.065 per Unit for gross proceeds of up to $200,000. Each Unit will be comprised of one common share (each a “Share”) and one transferable common share purchase warrant (each a “Warrant”) with each Warrant entitling the holder to purchase one Share of the Company at a price of $0.10 per Share for a period of two (2) years from the date of closing of the Private Placement.
All securities issued will be subject to a four month hold period pursuant to securities laws in Canada.
The Company intends to use the proceeds from the Private Placement for general working capital.
About SUPERNOVA
SUPERNOVA is a resource exploration company focused on acquiring and advancing natural resources opportunities within North America.
ON BEHALF OF THE BOARD
Sean McGrath
CEO and Director
E: info@supernovametals.com
T: 604.669.9553
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER HAS REVIEWED OR ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements.
This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.