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Panther Minerals Announces Amended Terms of Non-Brokered LIFE Offering and Concurrent Private Placement
Thenewswire· 2025-10-23 03:45
Core Points - Panther Minerals Inc. is proceeding with a non-brokered private placement and listed issuer financing exemption offering on amended terms [1] - The offering will consist of up to 627,000 units at a price of $0.16 per unit, aiming for gross proceeds of up to $100,320 [2] - Concurrently, the company plans a private placement of up to 2,200,000 units at the same price, targeting minimum gross proceeds of $1,000,000 and maximum of $2,200,000 [3] Offering Details - Each unit in the offering includes one common share and one warrant, with warrants allowing the purchase of a common share at $0.21 for 24 months [2] - The private placement units will also consist of one common share and one warrant, with warrants priced at $0.25 for 24 months [3] - All securities issued will be subject to a statutory hold period of four months and one day [4][5] Use of Proceeds - Net proceeds from both offerings are intended for general corporate purposes, working capital, and repayment of outstanding debts [8] - A portion may also be allocated to payments under existing option agreements for mineral properties [8] Regulatory Compliance - The offerings will comply with applicable regulatory requirements and will not require security holder approval due to the company's financial situation [9][10] - The company had a working capital deficit of approximately $(405,000) as of September 30, 2025, necessitating these offerings [10] Company Overview - Panther Minerals Inc. focuses on the acquisition and exploration of mineral properties with high potential for development [12]
IDEX Metals Announces Upsize of Non-Brokered Private Placement of Units
Thenewswire· 2025-10-23 00:15
Core Points - IDEX Metals Corp. has increased its non-brokered private placement from $2,000,000 to $5,320,500 due to significant market demand [1] - The offering will consist of up to 8,867,500 units priced at $0.60 per unit, aiming for aggregate gross proceeds of up to $5,320,500 [1][2] - Each unit includes one common share and one-half of a share purchase warrant, with each whole warrant exercisable at $0.90 per share for 24 months [2] - The proceeds will be used for exploration of mineral properties in Idaho and for general working capital [5] - The offering is subject to customary conditions, including TSX Venture Exchange approval [4] Company Overview - IDEX Metals Corp. is focused on mineral exploration, particularly in base and precious metal projects in Idaho, USA [8] - The company is advancing the Freeze Copper-Gold porphyry prospect in the Idaho Copper District, surrounded by major industry players [8]
Credissential Announces Closing First Tranche Of Convertible Note Financing
Thenewswire· 2025-10-22 22:30
Core Points - Credissential Inc. has successfully closed the first tranche of its convertible note offering, raising gross proceeds of $360,750 CAD [1] - The convertible notes carry an interest rate of 20% per annum and have a maturity date of twelve months from issuance [2] - The notes are convertible into common shares at a price equal to the closing price on the Canadian Securities Exchange, with a minimum conversion price of $0.05 per share [2] - The net proceeds from the offering will be used to repay certain debts owed to creditors [6] Summary by Sections Offering Details - The offering consists of senior unsecured convertible notes issued to Helena Special Opportunities, LLC [1] - The notes rank pari passu with existing and future senior unsecured indebtedness, senior to subordinated indebtedness, and junior to secured indebtedness [3] - The company has the option to redeem the notes prior to maturity by providing ten trading days' notice and paying 110% of the principal amount being redeemed [4] Ownership Limitations - The convertible notes include a 9.99% ownership limitation, preventing HSO and any joint actors from owning more than 9.99% of the company's common shares post-conversion [5] Regulatory Compliance - All securities issued under the offering are subject to a statutory hold period of four months and one day from the date of issuance in accordance with Canadian securities laws [7] Company Overview - Credissential is an AI-powered financial services software developer [8]
Hybrid Power Solutions Announces Non-Brokered Life Offering
Thenewswire· 2025-10-22 21:05
Core Viewpoint - Hybrid Power Solutions Inc. is initiating a non-brokered private placement to raise between approximately CDN$1,000,000 and CDN$2,000,000 by offering 16,666,667 to 33,333,333 units at a price of CDN$0.06 per unit [1] Group 1: Offering Details - Each unit will consist of one common share and one whole common share purchase warrant, with the warrant exercisable at CDN$0.10 for 24 months [2] - The company may accelerate the expiry of the warrants if the share price exceeds CDN$0.20 for 20 consecutive trading days [2] - Certain insiders may participate in the offering, which is expected to be exempt from formal valuation and minority shareholder approval requirements [3] Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for company operations, product and company research and development, sales growth initiatives, marketing, and general corporate purposes [4] Group 3: Regulatory Compliance - The units will be offered to purchasers in Canada (excluding Quebec), the United States, and offshore jurisdictions, in compliance with applicable regulatory requirements [5] - The shares and warrants are expected to be immediately freely tradeable under Canadian securities legislation [5] - Completion of the offering is subject to necessary regulatory approvals, including from the Canadian Securities Exchange [7] Group 4: Company Overview - Hybrid Power Solutions Inc. is a Canadian clean energy innovator focused on developing portable power systems that eliminate the need for fossil fuels in off-grid and remote applications [10]
Windfall Geotek Announces Private Placement
Thenewswire· 2025-10-22 19:45
Core Points - Windfall Geotek is conducting a non-brokered private placement of up to 25,000,000 units at a price of $0.02 per unit, aiming for maximum gross proceeds of $500,000 [1] - Each unit consists of one common share and one warrant, with the warrant allowing the purchase of a common share at an exercise price of $0.05 for two years [1] - The net proceeds will be allocated for working capital and bona fide debt settlement, excluding payments for accrued salaries to officers or directors [2] Company Overview - Windfall Geotek has been utilizing Artificial Intelligence (AI) in the mining sector since 2005, focusing on digital exploration [3] - The company has a multidisciplinary team that includes professionals in geophysics, geology, AI, and mathematics, making it a pioneer in AI-driven mineral exploration [3] - Windfall Geotek aims to validate AI-generated targets and enhance shareholder value while expanding applications into areas such as landmine detection [3]
Scisparc Ltd. - Early Warning Regarding Acquisition Of Common Shares Of Neurothera Labs Inc.
Thenewswire· 2025-10-22 19:30
Core Points - SciSparc Ltd. has completed a reverse takeover of NeuroThera Labs Inc., acquiring significant shares and rights in the process [2][4] - The transaction involved the acquisition of 63,300,000 common shares, 4,000,000 common share purchase warrants, and 48,000,000 contingent rights [2][4] - Following the transaction, SciSparc holds approximately 75% of the issued shares on a non-diluted basis and 84.53% on a partially diluted basis [4] Summary by Sections Acquisition Details - SciSparc acquired 63,300,000 common shares, 4,000,000 payment warrants, and 48,000,000 contingent rights of NeuroThera Labs Inc. as part of a qualifying transaction [2][4] - The payment warrants allow SciSparc to purchase additional common shares at $0.25 each until October 22, 2030 [3] Ownership Structure - Prior to the transaction, SciSparc did not hold any shares in NeuroThera Labs Inc. [4] - The deemed value of the acquired common shares is $0.25 per share [4] Future Intentions - SciSparc's holdings in NeuroThera Labs Inc. are for investment purposes, with no current plans to acquire or dispose of additional securities [5]
Arizona Gold & Silver Enters Into Investor Relations Agreement
Thenewswire· 2025-10-22 15:30
Core Points - Arizona Gold & Silver Inc. has entered into an investor relations contract with Rose Athena Allan-McCachen effective October 1, 2025, to provide various corporate services [1] - The agreement includes the issuance of 50,000 stock options to the Consultant after a probationary period, with a five-year term and specific vesting schedule [2] - The Consultant will receive an annual cash fee of $60,000, payable in monthly installments, funded from the company's general working capital [2] - The Consultant has no current interest in the company or its securities and will comply with applicable securities laws [3] - Arizona Gold & Silver Inc. focuses on exploring precious metal resources in Arizona and Nevada, with a commitment to sustainable practices [4] Company Overview - Arizona Gold & Silver Inc. is a leading exploration company targeting precious metals, particularly at its flagship Philadelphia gold-silver property [4] - The company is currently drilling to assess an epithermal gold-silver system ahead of an initial resource calculation [4]
Nevis Brands Reports Q3 2025 Results: Quarterly Revenue Growth of 16% Amid Expanding Markets
Thenewswire· 2025-10-22 13:20
Core Insights - Nevis Brands Inc. reported strong revenue growth in Q3 2025, achieving a 16% increase compared to Q2, marking the third consecutive quarter of growth [2][3] - The company is focusing on expanding its hemp-derived THC product line, particularly the Happy Apple™ beverage, which is showing promising early performance [3][7] Financial Highlights - Revenue for Q3 2025 reached $478,808, up from $418,745 in Q2 [6] - Gross profit was $302,156, slightly down from $315,345 in Q2, with gross profit margins at 63% [6] - The net income improved to -$22,639 from -$92,458 in Q2, and when excluding non-cash depreciation expenses, the net income was $40,298 [6] Operational Highlights - Nevis experienced revenue growth from new market entries in New Jersey and Missouri, with flagship brands Major™ and Happy Apple™ gaining traction [4][5] - The company is expanding its distribution network for hemp-derived THC beverages, particularly in Wisconsin and continuing sales in North Carolina and South Carolina [5] - The licensing model remains efficient, with strong performance in primary licensed markets such as Washington, Missouri, New Jersey, and Colorado [5] Market Expansion - Nevis is poised for wider national distribution through additional distributor agreements, with new partnerships expected to close in the coming months [7] - The company anticipates continued revenue momentum into fiscal 2026, focusing on scaling hemp-derived offerings while maintaining disciplined cost management [7]
Providence Gold Mines Inc. Receives Regulatory Approvals for Fundamental Transaction & The La Dama de Oro Gold Property NI 43-101 Report
Thenewswire· 2025-10-22 13:00
 VANCOUVER – October 22, 2025 – TheNewswire - Providence Gold Mines Inc. (“Providence” or the “Company”) is very pleased to announce that the Company has received TSXV Regulatory conditional approval for its Fundamental La Dama de Oro Reviewable Transaction, the La Dama de Oro NI 43 101 report can be reviewed on SEDAR. The consideration payable by the Company to the Optionor “Mohave Gold Mining and Exploration Inc”. a privately held company under the laws of Nevada duly operating in the State of California ...
Cariboo Rose Resources Commences Drilling at Lightning Strike Gold-Silver Project
Thenewswire· 2025-10-22 13:00
Core Insights - Cariboo Rose Resources Ltd. has commenced diamond drilling at its 100%-owned Lightning Strike Gold-Silver Property in British Columbia, located approximately 65 kilometers northeast of 100 Mile House [1] Group 1: Project Overview - The Lightning Strike Property is characterized by gold and gold-silver mineralization within Upper Triassic black phyllites, with significant historical drill intercepts reported [2] - The project now encompasses a total area of 4,193 hectares following the acquisition of additional claims in January 2025 [5] Group 2: Mineralization Details - Recent drilling has returned silver values up to 72.8 g/t, while previous drilling by Spanish Mountain Gold reported values as high as 705.0 g/t silver, indicating the potential for high-grade gold mineralization [3] - Shale-hosted gold deposits, such as those at Lightning Strike, are considered attractive models for large-scale gold systems globally, with notable examples including the Muruntau and Sukhoi Log deposits in Russia [4] Group 3: Drill Results - Recent drill results include: - 0.77 g/t gold over 54.0 meters - 3.42 g/t gold and 228.1 g/t silver over 5.0 meters - 2.88 g/t gold over 24.0 meters - 8.84 g/t gold over 7.5 meters [7]