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Cariboo Rose Resources Provides Status Update regarding Private Placements
Thenewswire· 2025-08-08 21:50
Core Viewpoint - Cariboo Rose Resources Ltd. has decided not to proceed with the previously announced private placements and is exploring a restructured private placement based on expressions of interest received [1] Group 1 - The company announced the decision on August 8, 2025, in Vancouver, B.C. [1] - The original private placements were announced on May 29, 2025 [1] - Further information regarding the restructured private placement will be provided as it becomes available [1]
Muzhu Closes Private Placement
Thenewswire· 2025-08-08 20:05
Group 1 - Muzhu Mining Ltd. announced a private placement of 1,259,000 units at a price of $0.10 per unit, resulting in gross proceeds of $125,900 [1] - Each unit consists of one common share and one non-transferable share purchase warrant, with warrants allowing purchase at $0.14 for the first year and $0.20 for the second year [1] - The warrants have an acceleration provision that allows for earlier expiry if the share price reaches $0.30 for 20 consecutive trading days after a four-month hold period [1] Group 2 - All securities from the private placement are subject to a four-month hold period from the date of issue, with proceeds allocated for working capital and exploration projects [2] - Muzhu Mining Ltd. holds a 100% interest in the Sleeping Giant South Project in Quebec and has agreements to acquire up to 80% of additional properties in China [3]
Prismo Metals Announces Closing of Oversubscribed Private Placement
Thenewswire· 2025-08-08 20:05
Vancouver, British Columbia, August 8th, 2025 – TheNewswire – Prismo Metals Inc. (“Prismo” or the “Company”) (CSE: PRIZ) (OTCQB: PMOMF) is pleased to announce that further to its news releases dated July 3, 2025, July 18, 2025 and July 31, 2025, the Company has proceeded with an upsized closing of its previously announced non-brokered private placement (the “Private Placement”) of units of the Company (“Units”) at an issue price of $0.06 per Unit (the “Third Closing”). The closing was increased from 6,000, ...
Aether Global Announces Effective Date of Share Consolidation
Thenewswire· 2025-08-08 17:45
Core Viewpoint - Aether Global Innovations Corp. will consolidate its common shares at a ratio of one post-consolidation share for every ten pre-consolidation shares, effective August 12, 2025 [1][2]. Share Consolidation Details - The new CUSIP number for the post-consolidation shares will be 00810E208, and the new ISIN number will be CA00810E2087 [2]. - The total number of issued and outstanding common shares post-consolidation is expected to be approximately 12,480,456 [2]. - Registered shareholders must send their pre-consolidation share certificates along with a properly executed letter of transmittal to Computershare Trust Company of Canada to receive their post-consolidation shares [2]. Fractional Shares and Adjustments - No fractional shares will be issued; fractional shares will be rounded down or up based on specific criteria [3]. - The exercise or conversion price and the number of common shares under any outstanding convertible securities will be proportionately adjusted upon the consolidation [3]. Company Overview - Aether Global Innovations Corp. specializes in drone management and automation, focusing on drone management and surveillance, automation for flight planning, and drone base station infrastructure [5].
Norsemont Announces Closing of 1st Tranche of Private Placement Including Several Strategic Investors
Thenewswire· 2025-08-08 13:00
Core Points - Norsemont Mining Inc. has successfully closed the first tranche of a non-brokered private placement, raising gross proceeds of CAD $2,895,699 by issuing 4,826,165 units at CAD $0.60 (USD $0.44) per unit [1][3] - Each unit consists of one common share and one-half of one warrant, with warrants priced at CAD $0.75 (USD $0.55) per share for a two-year period [1][2] - The proceeds will be utilized for phase 3 drill programs at the Choquelimpie Gold-Silver-Copper project in Northern Chile, focusing on deep drilling into copper porphyry zones and high-grade gold zones [3][9] Financial Details - The offering generated gross proceeds of CAD $2,895,699, which will support drilling and technical programs [1][3] - The common shares may be subject to a hold period of four months and one day for Canadian investors, with additional restrictions for U.S. investors [2] Project Overview - The Choquelimpie project has an initial mineral resource estimate of 2,184,000 indicated gold equivalent ounces and 557,000 inferred gold equivalent ounces [9] - The project includes over 1,700 drill holes and significant existing infrastructure, such as roads, power, water, and a 3,000-tonne-per-day mill [9] - Norsemont Mining holds a 100% interest in the Choquelimpie project, which is a previously permitted gold and silver mine with considerable exploration potential [9] Management Commentary - The CEO of Norsemont expressed gratitude for the support from existing shareholders and welcomed new strategic investors, emphasizing the importance of this funding for advancing the Choquelimpie project [5]
Gatekeeper Announces $1M of Full-Fleet School Bus Video and Subscriptions Contracts in California
Thenewswire· 2025-08-08 12:00
Company Overview - Gatekeeper Systems Inc. is a leader in video and data solutions for school buses, public transit, and smart cities [1] - The company has provided solutions to over 60 transit agencies and 3,500 school districts across North America, with more than 57,000 Mobile Data Collectors installed [8] Recent Contracts - Gatekeeper announced three full-fleet school bus video and subscription contracts in California, with an aggregate value of approximately US$710,000 (approximately C$975,000) [5] - The first contract involves an existing student transportation provider adding video solutions for a new school district [2] - The second contract is directly with a new school district for Mobile Data Collectors, AI-Dash Cams, 360 Surround Vision, and video management subscriptions [3] - The third contract is with an existing school district customer for a full-fleet upgrade to newer video technology [4] Market Position and Strategy - The company has over 350 existing school district customers in California, indicating solid market traction [6] - Gatekeeper's sales approach includes working with transportation providers, selling directly to new school districts, and maintaining relationships with existing customers [6]
Opawica Exploration Inc Announces New Chief Financial Officer
Thenewswire· 2025-08-08 11:30
Appointment of New Chief Financial Officer - Opawica Explorations Inc. has appointed Mr. Monty Sutton as Chief Financial Officer, effective immediately [1] - Mr. Sutton has over 35 years of experience in public markets, corporate governance, senior administration, and accounting [2] - His background includes roles as a Management Accountant, Investment Advisor, Equities Trader, and Insurance Specialist, with a focus on resource exploration [2] Company Overview - Opawica Explorations is a junior Canadian exploration company with a portfolio of precious and base metal properties in the Rouyn-Noranda region of the Abitibi gold belt in Quebec [5] - The company aims to increase shareholder value through cost-effective exploration practices and partnerships with industry leaders [5] - Opawica's Bazooka properties cover seven kilometers of the CLLB and are adjacent to the Wassamac gold property owned by Richmont Mines Inc. [6] Leadership Transition - The company expresses gratitude to Ms. Marcy Kiesman for her years of service and leadership, parting on excellent terms [3] - The CEO welcomes Mr. Sutton, highlighting his expertise in public markets, finance, and resource sector governance as valuable for the company's growth strategy [4]
CleanGo Innovations Inc. Corporate Update
Thenewswire· 2025-08-07 21:45
Core Viewpoint - CleanGo Innovations Inc. announced the issuance of up to 1 million bonus warrants in connection with a consulting agreement, aimed at enhancing its capital structure and incentivizing stakeholders [1][2]. Group 1: Bonus Warrants Details - Each bonus warrant allows the holder to purchase one common share at an exercise price of CAD$0.54 for a period of 24 months from the issue date [2]. - The warrants include an acceleration clause that enables their acceleration if the shares trade at or above CAD$0.75 for any 10 consecutive trading days [2]. - There is a hold period of four months and one day from the date of issuance for the warrants [2]. Group 2: Company Overview - CleanGo Innovations Inc. is a publicly traded Canadian company focused on developing and commercializing proprietary non-toxic and biodegradable cleaning and industrial solutions [2]. - The company targets the oil services and industrial cleaning markets, emphasizing environmental sustainability through its innovative product suite [2]. - CleanGo serves critical cleaning needs across various sectors, including oil and gas, mining, commercial, and retail, on a global scale [2].
Armory Mining Announces Private Placement and Appoints Klenman to Board
Thenewswire· 2025-08-07 20:30
Core Viewpoint - Armory Mining Corp. is conducting a non-brokered private placement offering of up to 15,000,000 units at a price of $0.05 per unit, aiming to raise up to $750,000 for working capital and general corporate purposes [1][2]. Group 1: Offering Details - The offering consists of units, each comprising one common share and one transferable common share purchase warrant, with warrants allowing the purchase of additional shares at $0.065 for three years [1]. - All securities issued under the offering will be subject to a four-month hold period in accordance with Canadian securities laws [2]. Group 2: Management Changes - Alex Klenman has been appointed as a director of the company, replacing Arjun Grewal, who has resigned but will continue to support the company in an advisory role [3][4]. Group 3: Company Overview - Armory Mining Corp. focuses on minerals critical to the energy, security, and defense sectors, controlling an 80% interest in the Candela II lithium brine project in Argentina and a 100% interest in the Riley Creek antimony-gold project in British Columbia [5].
Pinnacle Closes Oversubscribed Non-Brokered Private Placement
Thenewswire· 2025-08-07 18:50
Group 1 - Pinnacle Silver and Gold Corp. has successfully closed a non-brokered private placement, raising gross proceeds of $1,686,608, with the offering being oversubscribed and consisting of 28,110,134 units priced at $0.06 each [1] - Each unit comprises one common share and one-half share purchase warrant, with each whole warrant convertible into an additional share at an exercise price of $0.10 for 24 months [1] - The net proceeds will be utilized to advance the high-grade El Potrero gold-silver project in Durango, Mexico, and for general working capital [2] Group 2 - Insiders subscribed for a total of 3,108,333 units for $186,500, which is classified as a "related party transaction" under Multilateral Instrument 61-101 [4] - The company is relying on exemptions from formal valuation and minority approval requirements, as the fair market value of the transaction does not exceed 25% of the company's market capitalization [4] Group 3 - Pinnacle is focused on district-scale exploration for precious metals in the Americas, with significant projects including the high-grade Potrero gold-silver project and the Argosy Gold Mine in Ontario [6] - The company aims to build long-term, sustainable value for shareholders through its seasoned management team and quality projects [6]