/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE
SERVICES OR FOR DISSEMINATION
IN THE UNITED STATES./
VANCOUVER, Aug. 28, 2018 /CNW/ - Bear Creek Mining
Corporation ("Bear Creek" or the "Company") (TSXV: BCM) (BVL: BCM)
has today filed a preliminary short form base shelf prospectus with
the securities commissions in each of the provinces of Canada, except Quebec.
The Company is filing this Shelf Prospectus to maintain
financial flexibility as it advances its flagship Corani Property
but has no immediate intentions to undertake an offering.
The base shelf prospectus (the "Shelf Prospectus") has not yet
become final for the purpose of the sale of any securities. When
final, the Shelf Prospectus will allow Bear Creek to offer and
issue up to Cdn $300 million of
common shares, warrants, subscription receipts, units, debt
securities, or any combination of such securities (collectively,
the "Securities") during the 25-month period that the Shelf
Prospectus is effective. The Securities may be offered separately
or together, in amounts, at prices and on terms to be determined
based on market conditions at the time of sale, which will be set
forth in a prospectus supplement to be filed.
The Securities have not been registered under the U.S.
Securities Act of 1933, as amended, and may not be offered or sold
in the United States absent
registration or an applicable exemption from the registration
requirements. This news 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 State or jurisdiction in which such
offer, solicitation or sale would be unlawful. Any public offering
of the Securities of the Company to be made in the United States must be made by means of a
prospectus containing detailed information about the Company and
management, as well as financial statements.
A copy of the preliminary short form base shelf prospectus is
available on SEDAR (www.sedar.com).
On behalf of the Board of Directors,
Anthony Hawkshaw
President and CEO
Caution Regarding Forward Looking Information
This news release contains forward-looking statements regarding
potential financings pursuant to the Shelf Prospectus; the filing
of one or more prospectus supplements; and continued advancement of
the Corani Property. These forward-looking statements are provided
as of the date of this news release, or the effective date of the
documents referred to in this news release, as applicable, and
reflect predictions, expectations or beliefs regarding future
events based on the Company's beliefs at the time the statements
were made, as well as various assumptions made by and information
currently available to them. In making the forward-looking
statements included in this news release, the Company has applied
several material assumptions, including, but not limited to, the
assumption that regulatory approval of any shelf prospectus filings
and related offerings will be obtained in a timely manner; that
general economic and business conditions will not change in a
materially adverse manner; and that the Company will be able to
raise additional funds on reasonable terms. Although management
considers these assumptions to be reasonable based on information
available to it, they may prove to be incorrect. By their very
nature, forward-looking statements involve inherent risks and
uncertainties, both general and specific, and risks exist that
estimates, forecasts, projections and other forward-looking
statements will not be achieved or that assumptions on which they
are based do not reflect future experience. We caution readers not
to place undue reliance on these forward-looking statements as a
number of important factors could cause the actual outcomes to
differ materially from the expectations expressed in them. These
risk factors may be generally stated as the risk that the
assumptions and estimates expressed above do not occur, but
specifically include, without limitation, risks relating to:
general market conditions; the Company's ability to secure
financing, on favourable terms, pursuant to the Shelf Prospectus
and any prospectus supplements; and the additional risks described
in the Shelf Prospectus and the Company's latest Annual Information
Form, and other disclosure documents filed by the Company on SEDAR.
The foregoing list of factors that may affect future results is not
exhaustive. When relying on our forward-looking statements,
investors and others should carefully consider the foregoing
factors and other uncertainties and potential events. The Company
does not undertake to update any forward-looking statement, whether
written or oral, that may be made from time to time by the Company
or on behalf of the Company, except as required by law.
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 Bear Creek Mining Corporation