VANCOUVER, BC / ACCESSWIRE / January 3, 2025 / Adonis Minerals Corp. (the "Company") is pleased to announce that it has filed with the securities commissions in British Columbia, Alberta and Ontario, and obtained a receipt for, a final prospectus dated December 24, 2024 (the "Prospectus") in respect its proposed initial public offering of 3,000,000 common shares issuable at a price of $0.10 per Share (the "Offering"). A copy of the Prospectus is available under the Company's profile on SEDAR+ at www.sedarplus.ca.
Canaccord Genuity Corp. will act as agent to the Company in respect of the Offering. Closing of the Offering is expected to occur within 90 days and is subject to customary closing conditions.
Access to the Prospectus and any amendment is provided in accordance with securities legislation relating to procedures for providing access to a prospectus and any amendment thereto.
An electronic or paper copy of the final prospectus and any amendment may be obtained, without charge, from Canaccord Genuity Corp. Suite 1200 - 1133 Melville Street Vancouver, British Columbia Canada V6E 4E5, by telephone at (604) 643-7300, or by email at ecm@cgf.com by providing the contact with an email address or address, as applicable. Prospective investors should read the Prospectus in its entirety before making an investment decision.
The Company has applied to list the Shares on the CSE under the trading symbol "ADON". Listing of the Shares has been conditionally approved by the CSE subject to fulfilment by the Company of all of the requirements of the CSE including prescribed distribution and financial requirements
The securities of the Company have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws. Accordingly, the securities of the Company may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release does not constitute an offer to sell or a solicitation of any offer to buy any securities of the Company in any jurisdiction in which such offer, solicitation or sale would be unlawful.
On behalf of the Board of Directors
Gordon Lam
President and Chief Executive Officer
Telephone: (604) 616-8816
The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Forward-looking statements in this news release include, but are not limited to, the Company's proposed use of the proceeds of its initial public offering. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Company believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward looking statements will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Adonis Minerals Corp.
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