Slave Lake Zinc Mobilizes Field Crew to Advance Exploration Program
Slave Lake Zinc (CSE: SLZ) has mobilized a field crew to its O'Connor Lake property to advance exploration activities. The program aims to validate historic mineralized targets using modern technologies including satellite imagery, ground GPS reconnaissance, and airborne geophysics.
Additionally, the company announced a debt settlement with related parties through the issuance of 2,340,000 units at $0.05 per unit. Each unit includes one common share and one warrant exercisable at $0.07 per share for three years. The securities will have a four-month and one day hold period.
Slave Lake Zinc (CSE: SLZ) ha inviato una squadra sul campo presso la proprietà O'Connor Lake per avanzare le attività esplorative. Il programma mira a convalidare i target mineralizzati storici utilizzando tecnologie moderne tra cui immagini satellitari, ricognizione GPS a terra e geofisica aerea.
Inoltre, l'azienda ha annunciato una ristrutturazione del debito con parti correlate mediante l’emissione di 2.340.000 unità a 0,05 dollari per unità. Ogni unità comprende una azione ordinaria e un warrant esercitabile a 0,07 dollari per azione per tre anni. Le securities saranno soggette a un periodo di lock-in di quattro mesi e un giorno.
Slave Lake Zinc (CSE: SLZ) ha movilizado un equipo de campo hacia la propiedad O'Connor Lake para avanzar las actividades de exploración. El programa apunta a validar objetivos mineralizados históricos utilizando tecnologías modernas que incluyen imágenes satelitales, reconocimiento GPS en campo y geofísica aerotransportada.
Además, la empresa anunció una liquidación de deuda con partes relacionadas mediante la emisión de 2,340,000 unidades a 0,05 dólares por unidad. Cada unidad incluye una acción común y un warrant ejercitable a 0,07 dólares por acción durante tres años. Los valores tendrán un período de bloqueo de cuatro meses y un día.
Slave Lake Zinc (CSE: SLZ)은 탐사를 진행하기 위해 O'Connor Lake 자산 현장 팀을 파견했습니다. 이 프로그램은 위성 영상, 지상 GPS 정찰 및 항공 지구물리학 등을 포함한 현대 기술을 사용하여 역사적으로 광물화된 표적을 검증하는 것을 목표로 합니다.
또한 회사는 관련 당사자들과의 채무 정리를 발표했고, 단위당 0.05달러의 2,340,000단위를 발행합니다. 각 단위에는 보통주 1주와 3년간 행사 가능한 워런트 1개가 포함되며, 행사 가격은 주당 0.07달러입니다. 유가증권은 4개월 1일의 보유 기간이 적용됩니다.
Slave Lake Zinc (CSE: SLZ) a mobilisé une équipe sur le terrain sur la propriété O'Connor Lake afin de faire progresser les activités d'exploration. Le programme vise à valider les cibles minéralisées historiques en utilisant des technologies modernes telles que images satellites, reconnaissance GPS au sol et géophysique aérienne.
De plus, la société a annoncé un règlement de dette avec des parties liées par l’émission de 2 340 000 unités à 0,05 $ par unité. Chaque unité comprend une action ordinaire et un warrant exercisable à 0,07 $ par action pour trois ans. Les titres seront soumis à une période de blocage de quatre mois et un jour.
Slave Lake Zinc (CSE: SLZ) hat ein Feldteam zu dem Grundstück O'Connor Lake entsandt, um die Explorationsarbeiten voranzutreiben. Das Programm zielt darauf ab, historische mineralisierte Ziele mit modernen Technologien zu validieren, darunter Satellitenbilder, bodengestützte GPS-Erkundung und luftgestützte Geophysik.
Zusätzlich kündigte das Unternehmen eine Schuldenregelung mit verbundenen Parteien durch die Ausgabe von 2.340.000 Einheiten zu je 0,05 $ pro Einheit an. Jede Einheit umfasst eine Stammaktie und einen ausübbaren Warrant im Wert von 0,07 $ pro Aktie für drei Jahre. Die Wertpapiere unterliegen einer Haltedauer von vier Monaten und einem Tag.
Slave Lake Zinc (CSE: SLZ) قد نشرت فريقاً ميدانياً في ملكيتها بـ O'Connor Lake لتعزيز أنشطة الاستكشاف. يهدف البرنامج إلى التحقق من الأهداف المعدنية التاريخية باستخدام تقنيات حديثة بما في ذلك تصوير الأقمار الصناعية، واستطلاع GPS ميداني، وجيوفزيائية جوية.
بالإضافة إلى ذلك، أعلنت الشركة عن تسوية ديون مع أطراف ذات صلة من خلال إصدار 2,340,000 وحدة بسعر 0.05 دولار للوحدة. كل وحدة تتضمن سهماً عادياً و
Slave Lake Zinc（CSE: SLZ） 已派遣现场团队前往其 O'Connor Lake 资产以推进勘探活动。该计划旨在利用现代技术验证历史矿化目标，包括卫星影像、地面GPS侦察和航空地球物理。
此外，公司宣布通过向相关方发行< b>2,340,000 股单位，单位价格为 0.05 美元来完成债务和解。每单位包含一股普通股和一个可在三年内按< b>0.07 美元/股 行使的认股权证。这些证券将设有四个月零一日的锁定期。
- Company advances exploration program with modern technologies
- Debt settlement with insiders demonstrates management confidence
- Warrants provide potential future funding at $0.07 per share
- Dilution through issuance of 2,340,000 new units
- Reliance on insider funding may indicate limited external financing options
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - Slave Lake Zinc Corp. (CSE: SLZ) is pleased to announce that a field crew has been mobilized to its O'Connor Lake property. The objective is to confirm and evaluate historic mineralized targets using a combination of modern technologies, including satellite imagery, ground GPS reconnaissance, and the company's previously flown airborne geophysics.
"We are very excited to have our team on the ground at O'Connor Lake," stated Ritch Wigham, CEO of Slave Lake Zinc. "This comprehensive program will allow us to validate the promising historic findings and pinpoint new areas of interest, moving us closer to unlocking the full potential of this property."
Slave Lake Zinc announces that related parties have agreed to accept units in the company for recent loans made by the parties (Jas Rai, Ritch Wigham and Glen Macdonald) to help advance the exploration work being done by the company. Through the issuance of 2,340,000 units (each, a Unit) in the capital of the company at a price of
The securities issuable pursuant to the transaction settling the outstanding loan made by insiders and related parties will be subject to a four-month and one day hold period.
On Behalf of the Board of Directors,
Slave Lake Zinc Corp.
Per:
Ritch Wigham CEO & Director
Phone: 604-396-5762
Email: rwigham@zinccorp.ca
About Slave Lake Zinc Corp.
Slave Lake Zinc Corp. is a mineral exploration company focused on advancing its
Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or accepted responsibility for the adequacy or accuracy of the content of this news release
Forward-Looking Statement
Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in both Slave Lake Zinc's periodic filings with Canadian securities regulators. When used in this news release, words such as "will", "plan", "estimate", "expect", "intend", "potential", "should," and similar expressions, are forward-looking statements. Information provided in this document is necessarily summarized and may not contain all available material information. Forward-looking statements include, without limitation, statements regarding the progress of a definitive offtake agreement, potential development and production at the Company's O'Connor Lake project, future oriented events and other statements that are not facts. Forward-looking statements are based on a few assumptions and estimates that, while considered reasonable by management based on the business and markets in which Slave Lake Zinc operates, are inherently subject to significant operational, economic, and competitive uncertainties and contingencies. Such forward-looking statements should therefore be construed in light of such factors. Although Slave Lake Zinc has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this news release, and Slave Lake Zinc disclaims any intention or obligation to update or revise such information, except as required by applicable law, and Slave Lake Zinc does not assume any liability for disclosure relating to any other company
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268569
FAQ
What exploration activities is Slave Lake Zinc (SLZNF) conducting at O'Connor Lake?
How many units is Slave Lake Zinc (SLZNF) issuing to settle insider debt?
What is the exercise price and term of the SLZNF warrants?
Who are the related parties accepting units for loans in Slave Lake Zinc?
