Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Investing

Aston Bay Holdings Files Amended Offering Document and Refiles Interim Financial Statements

by May 4, 2024
May 4, 2024

Aston Bay Holdings Ltd. (TSX-V:BAY)(OTCQB:ATBHF) (‘Aston Bay’ or the ‘Company’) advises that it has filed an amended Offering Document under the Listed Issuer Financing Exemption, which reflects a correction to a date in Part 7. The Company also refiled its condensed interim financial statements for the nine months December 31, 2023 to reflect two corrections to Note 5 – Share Capital in respect of the warrants. The first correction was to a typographical error in the number of warrants issued on October 5, 2023, which was 31,297,375 instead of 13,297,375. The second correction was to reflect that the warrants expiring on December 31, 2023 had expired instead of being outstanding. Other than these changes, and the resulting change to the aggregate number of warrants outstanding, there were no other changes to the financial statements and the refiled financial statements replace and supersede the previously filed interim financial statements in respect of the same period filed on February 28, 2024

About Aston Bay Holdings

Aston Bay is a publicly traded mineral exploration company exploring for high-grade copper and gold deposits in Virginia, USA, and Nunavut, Canada. The Company is led by CEO Thomas Ullrich with exploration in Virginia directed by the Company’s advisor, Don Taylor, the 2018 Thayer Lindsley Award winner for his discovery of the Taylor Pb-Zn-Ag Deposit in Arizona. The Company is currently exploring the Storm Project property and Epworth property in Nunavut, as well as the high-grade Buckingham Gold Vein and critical metals prospects in central Virginia and is in advanced stages of negotiation on other lands with high-grade copper potential in the area.

The Company and its joint venture partners, American West Metals Limited and its wholly-owned subsidiary, Tornado Metals Ltd. (collectively, ‘American West’) have agreed to form a 20/80 unincorporated joint venture and enter into a joint venture agreement in respect of the Storm Project property, which hosts the Storm Copper Project and the Seal Zinc Deposit. Under such agreement, Aston Bay shall have a free carried interest until American West has made a decision to mine upon completion of a bankable feasibility study, meaning American West will be solely responsible for funding the joint venture until such decision is made. After such decision is made, Aston Bay will be diluted in the event it does not elect to contribute its proportionate share and its interest in the Storm Project property will be converted into a 2% net smelter returns royalty if its interest is diluted to below 10%.

Further details are available on the Company’s website at https://astonbayholdings.com/.

The Company’s public disclosure documents are available on www.sedarplus.ca.

Neither TSX Venture Exchange nor its regulation services provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

FOR ADDITIONAL INFORMATION CONTACT:

Thomas Ullrich, Chief Executive Officer
thomas.ullrich@astonbayholdings.com
(416) 456-3516

SOURCE: Aston Bay Holdings Ltd.

View the original press release on accesswire.com

News Provided by ACCESSWIRE via QuoteMedia

This post appeared first on investingnews.com
0
FacebookTwitterGoogle +Pinterest
previous post
GMV Minerals Inc. Files Notice of Intent to Drill Daisy Creek Project in Lander County, Nevada
next post
Getchell Gold Corp. Announces Closing of Debenture Financing

Related Posts

Source Rock Royalties: A Pure-play on Oil &...

April 18, 2024

Integrated Cyber Commences Trading on the Frankfurt Stock...

February 21, 2024

AI Defines 18 New Gold Targets at Music...

February 18, 2025

5 Small-cap Biotech ETFs to Watch

May 21, 2025

Appeals Court Grants Trump Temporary Reprieve on Tariffs,...

May 31, 2025

Sirona Biochem Receives Commercial-Grade GlycoProteMim Based Anti-Aging Serum...

March 14, 2024

John Feneck: Gold, Silver, Copper and More —...

January 16, 2025

Galan Investor Presentation Singapore March 2024

April 1, 2024

Tech 5: CoreWeave IPO Falls Short, OpenAI Close...

March 30, 2025

Investing in Gold Royalty and Streaming Stocks

February 25, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    • Gold’s Meteoric Rise: Can the Price Break US$4,000 in 2025?

    • COB: Repayment of Promissory Note

    • Lo Herma Resource Drilling Timing Confirmed

    • Reinstatement to Quotation

    • Tariff Talks: Swiss Propose Investment in US Gold Refining

    Categories

    • Business (1,395)
    • Investing (2,975)
    • Politics (3,699)
    • Stocks (1,807)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 moneycontrolplace.com | All Rights Reserved