AI assistant
Lithos Group — Capital/Financing Update 2023
Feb 11, 2023
46827_rns_2023-02-10_1575fd48-92ca-4204-97a6-56c1b10ade66.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
51-102F3 MATERIAL CHANGE REPORT
Item 1 Name and Address of Company
Alchemist Mining Incorporated (the “ Company ”) Suite 2380 – 1055 West Hastings Street Vancouver, BC, V6E 2E9
Item 2 Date of Material Change
February 9, 2023
Item 3 News Release
The news release dated February 10, 2023 was disseminated via Market News and Stockwatch.
Item 4 Summary of Material Change
The Company announced that, further to its press release dated January 23, 2023, it has completed its second and final tranche of the non-brokered private placement (the “ Offering ”), pursuant to which it issued an aggregate of 889,655 common shares (each, a “ Share ”) at a price of $0.145 per Share for aggregate gross proceeds of $128,999.98.
There were no finder’s fees associated with the Offering.
The aggregate gross proceeds from the sale of the Offering will be used for operating capital for the Company to achieve certain business goals and objectives following the closing of its business combination transaction with Iron Forge Holdings (I) Ltd. as well as for general working capital purposes.
All securities issued in connection with the Offering are subject to a statutory hold period expiring four months and one day after closing of the Offering.
Item 5 Full Description of Material Change
- 5.1 Full Description of Material Change
See Item 4 above and the News Release dated February 10, 2023 filed on SEDAR at www.sedar.com for a full description of the material change.
- 5.2 Disclosure for Restructuring Transactions
N/A
Item 6 Reliance on subsection 7.1(2) or (3) of National Instrument 51-102
N/A
Item 7 Omitted Information
None
2
Item 8 Executive Officer
Contact: Eric Boehnke, CEO, President and Director Telephone: 604.307.4274
Item 9 Date of Report
February 10, 2023