May 11, 2023, 6:00AM Eastern Standard Time
NEW YORK and LONDON, May 11,
2023 /PRNewswire/ -- Lifezone Holdings Limited ("Lifezone
Metals" or the "Company") has previously announced entry into a
Business Combination Agreement with GoGreen Investments Corporation
(NYSE: GOGN), a publicly traded company on the NYSE ("GoGreen").
Today, Lifezone Metals is pleased to announce it will release an
investor webcast on Wednesday, May 24,
2023 at 08:00 EST /
13:00 BST.
During the virtual pre-recorded event, members of the Lifezone
Metals and GoGreen executive teams will provide a formal overview
of the Company, its business plan, prospects, the Lifezone Metals
Hydromet Technology, the Kabanga nickel project and its proposed
business combination with GoGreen.
Registration is required for this virtual event. To register,
please click here. The webcast and presentation materials will be
available following the webcast release on the Lifezone Metals
investor relations website: www.ir.lifezonemetals.com.
Lifezone Metals seeks to support the clean energy transition
through licensing of its proprietary hydromet technology as an
alternative to smelting in metals production and becoming an
emerging supplier of responsibly-sourced, low-carbon and low-sulfur
dioxide emission metals to the battery, electric vehicle ("EV") and
hydrogen markets.
If you would like to sign up for Lifezone Metals news alerts,
please register here.
About Lifezone Metals
Lifezone Metals is a modern metals company creating value across
the battery metals supply chain from resource to metals production
and recycling. Our mission is to provide commercial access to
proprietary technology and cleaner metals production through a
scalable platform underpinned by our tailored hydromet technology.
This technology has the potential to be a cleaner and lower cost
alternative to smelting, allowing us to responsibly and
cost-effectively provide cleaner metals.
By pairing Tanzania's Kabanga
nickel project (the "Kabanga Project"), which we believe is one of
the largest and highest-grade undeveloped nickel sulphide deposits
in the world, with our proprietary hydromet technology, we will
work to unlock the value of a key new source of supply to global
battery metals markets. We partner with BHP on the Kabanga Project
as we aim to empower Tanzania to
achieve full value in-country and become the next premier source of
nickel.
www.lifezonemetals.com
Business Combination with GoGreen Investments
Corporation
Lifezone Metals announced on December 13,
2022 a business combination agreement with GoGreen
Investments Corporation (NYSE: GOGN). The business combination
between Lifezone Metals and GoGreen Investments Corporation is
subject to customary closing conditions.
About GoGreen Investments Corporation
GoGreen Investments Corporation is a blank check company formed
for the purpose of effecting a merger, share exchange, asset
acquisition, share purchase, reorganization, or similar business
combination with one or more businesses. GoGreen is led by Chief
Executive Officer John
Dowd.
www.gogreeninvestments.com
Forward-Looking Statements
Certain statements made herein are not historical facts but may
be considered "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended (the
"Securities Act"), Section 21E of the Securities Exchange Act of
1934, as amended, and the "safe harbor" provisions under the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements generally are accompanied by words such as
"believe," "may," "will," "estimate,"
"continue," "anticipate," "intend,"
"expect," "should," "would," "plan,"
"predict," "potential," "seem," "seek,"
"future," "outlook" or the negatives of these terms
or variations of them or similar terminology or expressions that
predict or indicate future events or trends or that are not
statements of historical matters. These forward-looking statements
include, but are not limited to, statements regarding future
events, the proposed business combination between GoGreen and
Lifezone Metals, the estimated or anticipated future results and
benefits of the combined company following the business
combination, including the likelihood and ability of the parties to
successfully consummate the business combination, future
opportunities for the combined company, including the efficacy of
the Hydromet Technology and the development of, and processing of
mineral resources at, the Kabanga project, and other statements
that are not historical facts.
These statements are based on the current expectations of
GoGreen and/or Lifezone Metals' management and are not predictions
of actual performance. These forward-looking statements are
provided for illustrative purposes only and are not intended to
serve as, and must not be relied on, by any investor as a
guarantee, an assurance, a prediction or a definitive statement of
fact or probability. Actual events and circumstances are difficult
or impossible to predict and will differ from assumptions. Many
actual events and circumstances are beyond the control of GoGreen
and Lifezone Metals. These statements are subject to a number of
risks and uncertainties regarding Lifezone Metals' business and the
business combination, and actual results may differ materially.
These risks and uncertainties include, but are not limited to:
general economic, political and business conditions, including but
not limited to the economic and operational disruptions and other
effects of the COVID-19 pandemic; the inability of the parties to
consummate the business combination or the occurrence of any event,
change or other circumstances that could give rise to the
termination of the business combination agreement; the number of
redemption requests made by GoGreen's shareholders in connection
with the business combination; the outcome of any legal proceedings
that may be instituted against the parties following the
announcement of the business combination; the risk that the
approval of the shareholders of Lifezone Metals or GoGreen for the
potential transaction is not obtained; failure to realize the
anticipated benefits of the business combination, including as a
result of a delay in consummating the potential transaction or
difficulty in integrating the businesses of Lifezone Metals and
GoGreen; the risk that the business combination disrupts current
plans and operations as a result of the announcement and
consummation of the business combination; the risks related to the
rollout of Lifezone Metals' business, the efficacy of the Hydromet
Technology, and the timing of expected business milestones;
Lifezone Metals' development of, and processing of mineral
resources at, the Kabanga project; the effects of competition on
Lifezone Metals' business; the ability of the combined company to
execute its growth strategy, manage growth profitably and retain
its key employees; the ability of Lifezone Metals Limited
("Holdings") to obtain or maintain the listing of its securities on
a U.S. national securities exchange following the business
combination; costs related to the business combination; and other
risks that will be detailed from time to time in filings with the
U.S. Securities and Exchange Commission (the "SEC"). The foregoing
list of risk factors is not exhaustive. There may be additional
risks that Lifezone Metals presently does not know or that Lifezone
Metals currently believes are immaterial that could also cause
actual results to differ from those contained in forward-looking
statements. In addition, forward-looking statements provide
Lifezone Metals' expectations, plans or forecasts of future events
and views as of the date of this communication. Lifezone Metals
anticipates that subsequent events and developments will cause
Lifezone Metals' assessments to change. However, while Lifezone
Metals may elect to update these forward-looking statements in the
future, Lifezone Metals specifically disclaims any obligation to do
so. These forward-looking statements should not be relied upon as
representing Lifezone Metals' assessments as of any date subsequent
to the date of this communication. Accordingly, undue reliance
should not be placed upon the forward-looking statements. Nothing
herein should be regarded as a representation by any person that
the forward-looking statements set forth herein will be achieved or
results of such forward-looking statements will be achieved.
Certain statements made herein include references to "clean" or
"green" metals, methods of production of such metals, energy or the
future in general. Such references relate to environmental benefits
such as lower green-house gas ("GHG") emissions and energy
consumption involved in the production of metals using the Hydromet
Technology relative to the use of traditional methods of production
and the use of metals such as nickel in the batteries used in
electric vehicles. While studies by third parties (commissioned by
Lifezone Metals) have shown that the Hydromet Technology, under
certain conditions, results in lower GHG emissions and lower
consumption of electricity compared to smelting with respect to
refining platinum group metals, no active refinery currently
licenses Lifezone Metals' Hydromet Technology. Accordingly,
Lifezone Metals' Hydromet Technology and the resultant metals may
not achieve the environmental benefits to the extent Lifezone
Metals expects or at all. Any overstatement of the environmental
benefits in this regard may have adverse implications for Lifezone
Metals and its stakeholders.
Additional Information and Where to Find It
In connection with the business combination, Holdings filed a
registration statement on Form F-4 (File No.
333-271300) (as amended from time to time, the "Registration
Statement") with the SEC, which includes a preliminary prospectus
and preliminary proxy statement and, after the Registration
Statement is declared effective, GoGreen will mail a definitive
proxy statement/prospectus and other relevant documents relating to
the business combination to its shareholders. This communication is
not a substitute for the Registration Statement, the definitive
proxy statement/prospectus or any other document that GoGreen will
send to its shareholders in connection with the business
combination.
INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ THE
REGISTRATION STATEMENT, PROXY STATEMENT/PROSPECTUS, ALL AMENDMENTS
THERETO, AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC
CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE
BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE BUSINESS
COMBINATION AND THE PARTIES TO THE BUSINESS COMBINATION. Investors
and security holders will be able to obtain copies of these
documents (if and when available) and other documents filed with
the SEC free of charge at www.sec.gov. The definitive proxy
statement/final prospectus (if and when available) will be mailed
to shareholders of GoGreen as of a record date to be established
for voting on the business combination. Shareholders of GoGreen
will also be able to obtain copies of the proxy
statement/prospectus without charge, once available, at the SEC's
website at www.sec.gov, or by directing a request to: GoGreen
Investments Corporation, One City Centre, 1021 Main Street, Suite
1960, Houston, TX 77002.
Participants in the Solicitation
Holdings, Lifezone Metals, GoGreen and their respective
directors, executive officers, other members of management, and
employees, under SEC rules, may be deemed participants in the
solicitation of proxies of GoGreen's shareholders in connection
with the business combination. Investors and security holders may
obtain more detailed information regarding the names and interests
in the business combination of the directors and officers of
Holdings, Lifezone Metals, GoGreen in the Registration Statement.
Information about GoGreen's directors and executive officers is
also available in GoGreen's filings with the SEC.
No Offer or Solicitation
This communication is for informational purposes only and is
neither an offer to purchase, nor a solicitation of an offer to
sell, subscribe for or buy any securities or the solicitation of
any vote in any jurisdiction pursuant to the business combination
or otherwise, nor shall there be any sale, issuance or transfer of
securities in any jurisdiction in contravention of applicable law.
No offer of securities shall be made except by means of a
prospectus meeting the requirements of Section 10 of the Securities
Act.
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