The CS issued under the FT Offering are intended to qualify as 'flow through shares' within the meaning of the Income Tax Act (
The gross proceeds of the FT Offering will be used by the Company to incur eligible 'Canadian exploration expenses' that are intended to qualify as 'flow-through mining expenditures,' as such terms are defined in the Tax Act related to the
The Company anticipates closing of the FT Offering to occur on or about
This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in
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Email: info@vortexenergycorp.com
Cautionary Note Regarding Forward-Looking Statements
This news release contains 'forward-looking information' within the meaning of applicable securities laws. ?Forward-looking information in this news release relate to future events or future performance and reflect ?current estimates, predictions, expectations or beliefs regarding future events and include, but are not ?limited to, statements with respect to: FT Offering, including as to the timing of closing, if either is to close at all, the anticipated use of proceeds, the ?payment of finder's fees, the ability to obtain all necessary regulatory approvals, and the statements in regards ?to the Company's plans and strategies.? The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections, or conclusions will not prove to be accurate, that assumptions may not be correct, and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited those identified and reported in the Company's public filings under the Company's SEDAR profile at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.
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