/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED
STATES/
SASKATOON, SK, Nov. 7, 2022
/CNW/ - Omineca Mining and Metals Ltd. ("Omineca" or
the "Company") (TSXV: OMM) announces that it is making an
application to the TSX Venture Exchange (the "Exchange") to
amend the expiry date of its share purchase warrants originally
issued on November 25, 2020 (the
"Warrants"). The Warrants that are the subject of the
amendment application were originally set to expire 24 months after
the date of issue. The application is to amend the expiry date to a
date that is 36 months after the date of issuance, such that, if
approved by the Exchange, the Warrants originally set to expire
November 25, 2022, will instead
expire November 25, 2023. For further
information on the original issuance of the Warrants, please see
the Company's press release dated November
25, 2020. Holders of Warrants will not receive an amended
Warrant certificate.
Completion of the proposed amendment to the terms of the
Warrants is subject to the final approval of the Exchange.
About Omineca Mining and Metals
Ltd.
Omineca's flagship Wingdam gold exploration and placer recovery
project is located along the Barkerville Highway 45 km east of the
City of Quesnel, British Columbia.
The Wingdam project includes mineral tenures totaling over 61,392
hectares (613 square kms) and in excess of 15 linear kilometers of
placer claims, both encompassing the Lightning Creek valley where
topographic conditions created thick layers of overburden, which
preserved a large portion of a buried paleochannel containing
placer gold-bearing gravels. Omineca also has an exploration and
diamond drill program currently underway exploring for the
potential multiple hard rock sources of the placer gold at
Wingdam.
ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED
UNDER THE US. SECURITIES ACT OF 1933 (THE "1933 ACT") AND
MAY NOT BE OFFERED OR SOLD IN THE UNITED
STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH
REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF
THE 1933 ACT.
This press release shall not constitute an offer to sell or
the solicitation of an offer to buy nor shall there be any sale of
the securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful.
Forward Looking
Statements
This release includes forward-looking statements regarding
Omineca and its business. Such statements are based on the current
expectations and views of future events of Omineca's management. In
some cases the forward-looking statements can be identified by
words or phrases such as "may", "will", "expect", "plan",
"anticipate", "intend", "potential", "estimate", "believe" or the
negative of these terms, or other similar expressions intended to
identify forward looking statements. The forward-looking events and
circumstances discussed in this release may not occur and could
differ materially as a result of the failure to complete the
amendment of the Warrants, known and unknown risk factors and
uncertainties affecting Omineca, including risks regarding the
resource industry, economic factors and the equity markets
generally and many other factors beyond the control of Omineca. No
forward-looking statement can be guaranteed. Forward-looking
statements and information by their nature are based on assumptions
and involve known and unknown risks, uncertainties and other
factors which may cause our actual results, performance or
achievements, or industry results, to be materially different from
any future results, performance or achievements expressed or
implied by such forward-looking statement or information.
Accordingly, readers should not place undue reliance on any
forward-looking statements or information. Forward-looking
statements speak only as of the date on which they are made and
Omineca undertakes no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future events, or otherwise, except as required by applicable
securities laws.
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.
SOURCE Omineca Mining and Metals Ltd