CORRECTION FROM SOURCE to Press Release Announcing Closing of Second Tranche of Non-Brokered Private Placement
CORRECTION FROM SOURCE to Press
Release Announcing Closing of Second
Tranche of Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2024) - Visionary Metals Corp. (TSXV: VIZ)
("
Visionary
" or the "
Company
") is issuing the following press release to amend its press release dated
August 8, 2024, to correct the disclosure regarding the amount of units of the Company (each, a
"Unit
")
issued on closing of its second tranche (the "
Second Tranche
")
of its previously announced non-
brokered private placement (the "
Offering
").The Company issued 5,240,000 Units at a price of $0.05
per Unit (the "
Offering Price
") for gross proceeds of $262,000 in the Second Tranche for a total of
8,276,000 Units and total gross proceeds of $413,800 in the Offering as a whole, while the previous
incorrect disclosure provided that the Company issued 5,140,000 Units for gross proceeds of $257,000
in the Second Tranche for a total of 8,176,000 Units and total gross proceeds of $408,800 in the
Offering as a whole. In connection with the above correction, the correct number of Units issued by the
Company under the listed issuer financing exemption was 600,000 rather than 500,000 previously
disclosed.
This news release does not constitute an offer of securities for sale in the United States. The securities
being offered have not been, nor will they be, registered under the
United States Securities Act of 1933
,
as amended, and such securities may not be offered or sold within the United States absent U.S.
registration or an applicable exemption from U.S. registration requirements.
All $ amounts herein are in Canadian dollars unless otherwise noted.
About Visionary Metals Corp:
Visionary Metals Corp. is a Vancouver-based mineral exploration company focused on making new
electric metals discoveries in Fremont County, Wyoming. Visionary's mission is to explore responsibly
and to develop resources in a manner that is beneficial to all stakeholders. While central Wyoming has a
strong mining history and favourable geologic conditions to host many types of metal deposits, it has
never been systematically explored using modern techniques. The Company now controls a land
package greater than 55 square kilometres with numerous drill ready targets, all accessible by road and
within a one-hour drive from Visionary's US headquarters in Lander County, Wyoming.
For additional information, please visit:
www.visionarymetalscorp.com
Contact:
Wes Adams, Chief Executive Officer
Visionary Metals Corp.
410-325 Howe Street
Vancouver, BC V6C 1Z7
Tel: (303) 809-4668
FORWARD-LOOKING STATEMENTS
This news release may contain "forward-looking statements" within the meaning of Canadian securities
legislation. Forward-looking statements are necessarily based on a number of estimates and
assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties
and other factors which may cause actual results and future events to differ materially from those
expressed or implied by such forward-looking statements. Although the Company believes that the
assumptions and factors used in preparing the forward-looking statements are reasonable, undue
reliance should not be placed on these statements, which only apply as of the date of this news release,
and no assurance can be given that such events will occur in the disclosed time frames or at all. Except
where required by law, the Company disclaims any intention or obligation to update or revise any
forward-looking statement, whether as a result of new information, future events, or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE
UNITED STATES
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/221459