Company closes First Tranche of PP (Amended)
#1000 – 409 Granville Street
Vancouver, BC, Canada, V6C 1T2
604-602-0001
Alerio Gold Corp Closes First Tranche of Private Placement
Vancouver, British Columbia – January 12, 2022 – Alerio Gold Corp. (the “Company”) (ALE:CSE) is pleased
to announce that it has closed the first tranche of a private placement. The closing of the first tranche of
the offering is subject to all required regulatory approvals.
The Company has issued 2,841,000 Units at a price of $0.25 for total gross proceeds of $710,250 in connection
with the first tranche. Each unit is composed of one common share (a “Share”) and one share purchase warrant
(a “Warrant”). Each whole Warrant is exercisable into one (1) Share (a “Warrant Share”) at a price of $0.40 for
a period of two (2) years from the date of issuance.
In connection with the first tranche, the Company issued 133,070 finders’ warrants (a “Finders’ Warrant) and
paid a cash fee of $$33,267.50 to certain finders. Each Finders’ Warrant is exercisable at a price of $0.40 for a
period of two (2) years from the date of issuance.
All securities issued will be subject to a four-month statutory hold period.
The Company intends to use the funds to advance exploration of their property.
About Alerio Gold Corp.
Alerio Gold Corp. is a mineral exploration and development company in the business of acquiring,
exploring, and developing natural resource properties, with a focus in Guyana, SA. The company currently
has 100% interest in two gold properties located in Guyana.
ON BEHALF OF THE BOARD of DIRECTORS
“Geoff Balderson”
Geoff Balderson, CFO
For further information, please contact:
Geoff Balderson
Chief Financial Officer, Secretary, and Director
Telephone: 604-602-0001
Email: [email protected]
Forward-Looking Information
This press release contains forward-looking statements. Forward-looking statements can be identified by
the use of words such as, “anticipates”, “expects”, “is expected”, “intends”, “believes”, or variations of
such words and phrases or state that certain actions, events or results “may” or “will” be taken, occur or
be achieved. Forward-looking statements include those relating to the acquisition by Alerio Gold Corp. of
all of the Properties and the corresponding issuance of the Consideration Shares, the satisfaction of
necessary terms and conditions of the Definitive Agreement to complete the Acquisition, and the
ownership of the Properties via power of attorney.
Forward-looking statements are not a guarantee of future performance and are based upon a number of
estimates and assumptions of management in light of management’s experience and perception of trends,
current conditions and expected developments, including assumptions related to the ability of both
companies to successfully complete all the conditions precedent under the Definitive Agreement and the
companies receiving all necessary future approvals and permi ts. Actual results, performance or
achievement could differ materially from that expressed in, or implied by, any forward-looking statements
in this press release, and, accordingly, undue reliance should not be placed on any such forward -looking
statements and they are not guarantees of future results. Forward-looking statements involve significant
risks, assumptions, uncertainties and other factors that may cause actual future results or anticipated
events to differ materially from those expressed or impli ed in any forward-looking statements. Except as
required by law, Alerio Gold Corp. undertakes no obligation to publicly update any forward -looking
statements, whether as a result of new information, future events or otherwise.
The CSE nor its market regulator does not accept responsibility for the adequacy or accuracy of this news
release. The CSE has in no way passed upon the merits of the proposed Transaction and has neither
approved nor disapproved the contents of this news release.