Carlyle Issues Quesnel Property Option Shares | CCCFF Stock News

    Date:

    Rhea-AI Impact

    Rhea-AI Sentiment

    Rhea-AI Summary

    Carlyle Commodities Corp. (CSE: CCC, FSE: BJ4, OTC Pink: CCCFF) has issued 2,000,000 common shares at a deemed price of $0.05 per share to Divitiae Resources This issuance is part of Carlyle’s recently announced option to purchase a 100% interest in the Quesnel Gold Project in central British Columbia. The project, covering 1,607.34 hectares, is located in the Cariboo Mining Division, 30 kilometers northeast of Quesnel.

    The option agreement includes a 2% net smelter return royalty retained by the Optionor, with Carlyle having the right to purchase 1% of the royalty for $1,000,000. The Quesnel Gold Project is situated within the Quesnel Trough, part of the Intermountain Tectonic Belt, and is on trend with the historic ‘G-South’ gold resource. The issued securities are subject to a four-month and one-day hold period.

    Carlyle Commodities Corp. (CSE: CCC, FSE: BJ4, OTC Pink: CCCFF) ha emesso 2.000.000 azioni ordinarie a un prezzo ritenuto di $0,05 per azione a favore di Divitiae Resources. Questa emissione è parte dell’opzione recentemente annunciata da Carlyle per acquistare un interesse del 100% nel Quesnel Gold Project, situato nella Columbia Britannica centrale. Il progetto, che copre 1.607,34 ettari, si trova nella Cariboo Mining Division, 30 chilometri a nord-est di Quesnel.

    L’accordo di opzione include una royalty del 2% sul reddito da fusione netto trattenuta dall’Opzionatore, con Carlyle che ha il diritto di acquistare l’1% della royalty per $1.000.000. Il Quesnel Gold Project si trova all’interno del Quesnel Trough, parte della Intermountain Tectonic Belt, ed è in linea con la storica risorsa d’oro ‘G-South’. I titoli emessi sono soggetti a un periodo di blocco di quattro mesi e un giorno.

    Carlyle Commodities Corp. (CSE: CCC, FSE: BJ4, OTC Pink: CCCFF) ha emitido 2.000.000 acciones comunes a un precio considerado de $0,05 por acción a Divitiae Resources. Esta emisión es parte de la opción recientemente anunciada por Carlyle para adquirir un 100% de interés en el Quesnel Gold Project en la Columbia Británica central. El proyecto cubre 1.607,34 hectáreas y está ubicado en la Cariboo Mining Division, a 30 kilómetros al noreste de Quesnel.

    El acuerdo de opción incluye una royalty del 2% sobre el retorno neto de la fundición retenida por el Opcionador, con Carlyle teniendo el derecho de adquirir el 1% de la royalty por $1.000.000. El Quesnel Gold Project está situado dentro del Quesnel Trough, parte de la Intermountain Tectonic Belt, y está en tendencia con el recurso histórico de oro ‘G-South’. Los valores emitidos están sujetos a un período de espera de cuatro meses y un día.

    Carlyle Commodities Corp. (CSE: CCC, FSE: BJ4, OTC Pink: CCCFF)는 Divitiae Resources에 대해 2,000,000주 일반주식주당 $0.05의 가격으로 발행했습니다. 이번 발행은 Carlyle이 최근 발표한 Quesnel Gold Project에 대한 100% 지분1,607.34헥타르에 걸쳐 있으며, Quesnel에서 북동쪽으로 30킬로미터에 위치한 Cariboo Mining Division에 있습니다.

    옵션 계약에는 옵션자인 측이 보유한 2% 순 제련 세금 로열티가 포함되어 있으며, Carlyle은 $1,000,000에 로열티의 1%를 구매할 권리가 있습니다. Quesnel Gold Project는 Intermountain Tectonic Belt의 일환인 Quesnel Trough 내에 위치하고 있으며, 역사적인 ‘G-South’ 금 자원과 정렬되어 있습니다. 발행된 증권은 4개월 1일의 보유 기간에 적용됩니다.

    Carlyle Commodities Corp. (CSE: CCC, FSE: BJ4, OTC Pink: CCCFF) a émis 2.000.000 d’actions ordinaires à un prix réputé de $0,05 par action en faveur de Divitiae Resources. Cette émission fait partie de l’option récemment annoncée par Carlyle d’acquérir un intérêt de 100% dans le projet Quesnel Gold, situé dans le centre de la Colombie-Britannique. Le projet couvre 1.607,34 hectares et se trouve dans la Cariboo Mining Division, à 30 kilomètres au nord-est de Quesnel.

    Le contrat d’option comprend une royalty de 2% sur le revenu net de fonderie retenue par l’Opérateur, Carlyle ayant le droit d’acheter 1% de la royalty pour $1.000.000. Le projet Quesnel Gold est situé dans le Quesnel Trough, qui fait partie de la ceinture tectonique intermontagnarde, et est en tendance avec la ressource historique en or ‘G-South’. Les titres émis sont soumis à une période d’attente de quatre mois et un jour.

    Carlyle Commodities Corp. (CSE: CCC, FSE: BJ4, OTC Pink: CCCFF) hat 2.000.000 Stammaktien zu einem angenommenen Preis von $0,05 pro Aktie an Divitiae Resources ausgegeben. Diese Ausgabe ist Teil der kürzlich bekannt gegebenen Option von Carlyle, 100% Interesse am Quesnel Gold Project in der zentralen British Columbia zu erwerben. Das Projekt umfasst 1.607,34 Hektar und befindet sich in der Cariboo Mining Division, 30 Kilometer nordöstlich von Quesnel.

    Die Optionsvereinbarung beinhaltet eine 2% Netto-Schmelz-Rendite Royalty, die vom Optionsgeber einbehalten wird, wobei Carlyle das Recht hat, 1% der Royalty für $1.000.000 zu erwerben. Das Quesnel Gold Project liegt im Quesnel Trough, das Teil des Intermountain Tectonic Belt ist, und steht im Trend mit der historischen Goldressource ‘G-South’. Die ausgegebenen Wertpapiere unterliegen einer viermonatigen und einen Tag langen Haltefrist.

    Positive

    • Acquisition of 100% interest in the Quesnel Gold Project, expanding Carlyle’s portfolio
    • Strategic location in the Cariboo Mining Division with proximity to main highways and power lines
    • Option to reduce the net smelter return royalty from 2% to 1% for $1,000,000

    Negative

    • Issuance of 2,000,000 new shares, potentially diluting existing shareholders
    • Obligation to pay a 2% net smelter return royalty to the Optionor

    Vancouver, British Columbia–(Newsfile Corp. – October 4, 2024) – CARLYLE COMMODITIES CORP. (CSE: CCC) (FSE: BJ4) (OTC Pink: CCCFF) (“Carlyle” or the “Company“) announces that, further to its news release dated September 27, 2024, it has issued 2,000,000 common shares (each, a “Share“) at a deemed price of $0.05 per Share to Divitiae Resources Ltd. (the “Optionor“), pursuant to the Company’s recently announced option to purchase an undivided 100% right, title and interest in certain mining claims (the “Option“) in the Quesnel Terrane in central British Columbia (the “Quesnel Gold Project“), subject to a 2% net smelter return royalty to be retained by the Optionor. Pursuant to the terms of the Option, Carlyle may, at any time, purchase 1% of the royalty on the Quesnel Gold Project from the Optionor for a cash payment in the aggregate amount of $1,000,000.

    The Quesnel Gold Project is located in the Cariboo Mining Division, 30 kilometers northeast of Quesnel in Central British Columbia covering 1,607.34 hectares, proximal to main highways and power lines facilitating year-round access and workability. The Quesnel Gold Project is situated within the Quesnel Trough within a subdivision of the Intermountain Tectonic Belt, and on trend with the historic “G-South” historical gold resource.

    All securities issued in connection with the Option will be subject to a statutory hold period expiring four months and one day after the date of issuance, as set out in National Instrument 45‐102 – Resale of Securities.

    About Carlyle

    Carlyle is a mineral exploration company focused on the acquisition, exploration, and development of mineral resource properties. Carlyle owns 100% of the Newton Project in the Clinton Mining Division of B.C. and is listed on the Canadian Securities Exchange under the symbol “CCC”, on the OTC Market under the ticker “CCCFF”, and the Frankfurt Exchange under the ticker “BJ4”.

    ON BEHALF OF THE BOARD OF DIRECTORS OF

    CARLYLE COMMODITIES CORP.

    “Morgan Good”

    Morgan Good
    Chief Executive Officer

    Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release).

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225702

    FAQ

    How many shares did Carlyle Commodities Corp (CCCFF) issue for the Quesnel Property Option?

    Carlyle Commodities Corp issued 2,000,000 common shares at a deemed price of $0.05 per share to Divitiae Resources for the Quesnel Property Option.

    What is the size and location of the Quesnel Gold Project acquired by Carlyle Commodities (CCCFF)?

    The Quesnel Gold Project covers 1,607.34 hectares and is located in the Cariboo Mining Division, 30 kilometers northeast of Quesnel in Central British Columbia.

    What is the royalty agreement for the Quesnel Gold Project acquired by Carlyle (CCCFF)?

    The agreement includes a 2% net smelter return royalty retained by the Optionor. Carlyle has the option to purchase 1% of the royalty for $1,000,000.

    What is the hold period for the securities issued by Carlyle Commodities (CCCFF) for the Quesnel Property Option?

    The securities issued in connection with the Option are subject to a statutory hold period expiring four months and one day after the date of issuance.

    Go Source

    Chart

    SignUp For Breaking Alerts

    New Graphic

    We respect your email privacy

    Share post:

    Popular

    More like this
    Related