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Ventripoint Announces Non-Brokered Convertible Debenture Units Private Placement and Share Issuance
Thenewswire· 2025-08-26 12:20
Core Viewpoint - Ventripoint Diagnostics Ltd. is conducting a non-brokered private placement to raise up to CDN$500,000 through unsecured convertible debenture units, which will be convertible into common shares and include purchase warrants [1][2]. Group 1: Offering Details - The offering consists of unsecured convertible debenture units, with each unit having a principal amount of $1,000 convertible into common shares at a price of $0.11 per share [1][2]. - Each unit will also include 9,000 common share purchase warrants, allowing the holder to purchase shares at $0.14 until December 31, 2027 [1][2]. - The debentures will mature on December 31, 2027, and will bear an interest rate of 10%, payable semi-annually either in cash or in common shares at a 20-day VWAP market price [3]. Group 2: Use of Proceeds - The proceeds from the offering will be utilized for operational costs related to sales and marketing, hiring additional key personnel, and general working capital purposes [5]. Group 3: Securities and Compliance - All securities issued will be subject to a hold period of four months plus one day from the closing date of the offering, and the offering is subject to approval by the TSXV [6]. - The securities will not be registered under the U.S. Securities Act of 1933 and cannot be offered or sold in the United States without proper registration or exemption [7]. Group 4: Insider Transactions and Other Issuances - The corporation has issued 564,473 common shares to settle $76,203.59 of debenture interest, with shares subject to a hold period [8]. - An insider transaction involved the issuance of 50,042 shares, which is considered a related party transaction under MI 61-101, relying on exemptions due to the transaction's market capitalization not exceeding 25% [9]. - The corporation has also issued 6,000 common shares related to the exercise of broker's warrants and 200,000 options exercised at $0.11, both subject to a hold period [10][11]. Group 5: Advisory Agreement - An advisory agreement with Fournel Advisory includes a total consideration of 265,000 options exercisable at $0.11 per share and a cash payment of USD $30,000 [12]. Group 6: Company Overview - Ventripoint has established itself as a leader in applying AI to echocardiography, with its VMS+ products providing accurate cardiac measurements comparable to MRI, supported by regulatory approvals in the U.S., Europe, and Canada [14].
Teuton Drills Ram Property in BC's Active Golden Triangle
Thenewswire· 2025-08-26 12:05
Core Viewpoint - Teuton Resources Corp. is actively drilling at its Ram property in British Columbia's Golden Triangle, focusing on newly discovered mineralized zones that show potential for both porphyry copper-gold and VMS systems [1][3]. Group 1: Market Context and Regional Significance - The Ram property is located in a highly active exploration area, with recent discoveries by Goliath Resources and Dolly Varden Silver enhancing interest in the southern Golden Triangle [3]. - Teuton's land position, established over 30 years ago, is now strategically positioned as "islands" within Goliath's expanded holdings, potentially benefiting from regional exploration momentum [3]. Group 2: Discovery Details - The Malachite zone is a 450m x 150m porphyritic outcrop with significant malachite staining and magnetite veinlets, showing gold-copper mineralization from surface sampling in 2024 [4]. - Selected results indicate porphyry-style copper-gold mineralization with gold grades up to 7.01 g/t and copper grades reaching 8.24% in a separate VMS system [5][6]. Group 3: Statistical Summary - A total of 35 grab samples were taken, with 14 sawcut channel samples averaging 1m [7]. - The Mitch VMS zone, located 500m southwest of the Malachite zone, contains massive sulfide stringers with robust precious metal grades [8]. Group 4: Exploration Timeline and Strategy - Drilling is currently underway at the Ram property, targeting both the Malachite and Mitch zones [14]. - The exploration program is designed to systematically test near-surface high-grade VMS targets and deeper porphyry potential, maximizing discovery probability across multiple deposit models [15]. Group 5: Clone Property—An Additional Opportunity - Recent surface work at the Clone property has identified promising gold-copper values, with plans for an IP geophysical survey scheduled for September 2025 [16][18]. - The new target area at the Clone property shows widespread copper rock geochemical anomalies and gold values reaching 93.7 g/t, suggesting potential for a buried porphyry deposit [17][19].
Arizona Gold & Silver Announces AGM Results
Thenewswire· 2025-08-26 11:00
 Vancouver, British Columbia – TheNewswire - August 26, 2025 – Arizona Gold & Silver Inc.  (TSXV: AZS) (OTCQB: AZASF) is pleased to announce the results of the Company’s annual general meeting held in Vancouver, B.C. on August 21, 2025 (the “AGM”).  The shareholders approved by 99.98%  all motions put forth at the AGM, including the re-election of the four directors, appointment of Smythe LLP as auditors of the Company and the approval of the 2025 Stock Option Plan.  A total of 30,498,208 common shares of ...
Red Canyon Announces Non-Brokered Charity Flow-Through Financing With Lead Order From Strategic Investor
Thenewswire· 2025-08-26 10:30
Core Points - Red Canyon Resources Ltd. announced a non-brokered private placement of Charity Flow-Through Common Shares to raise gross proceeds of up to C$2,200,000 [1] - The lead order for the offering comes from a multinational mining corporation, which will acquire a 9.9% equity interest through the purchase of approximately 6,000,000 common shares, raising about C$1,632,000 [2] - The issue price of C$0.272 per share represents a 94% premium to the last closing price on August 25, 2025 [3] Financial Details - The proceeds will be used for eligible "Canadian exploration expenses" related to the Kendal project and other projects in British Columbia, with a deadline for expenditure by December 31, 2026 [4] - The flow-through critical mineral mining expenditures will qualify for a federal 30% investment tax credit for eligible individual investors, and an additional 20% tax credit for those in British Columbia [4] Offering Timeline - The Charity FT Offering is expected to close on September 18, 2025, subject to regulatory approvals [5] - All securities issued will be subject to a statutory hold period of four months and one day [5] Project Insights - The Kendal copper project is located in British Columbia and has undergone its first drill program, revealing significant hydrothermal alteration and mineralization [7] - The Inzana project area shows potential for multiple copper-gold porphyry centers based on historic exploration results [9] - The Scraper Springs project in Nevada has outlined a potential tier one copper target through expanded geophysical studies [10] Company Overview - Red Canyon Resources is focused on exploring North America's top copper jurisdictions and aims to make impactful copper discoveries [11] - The company is part of the NewQuest Capital Group, which is involved in the incubation and financing of mineral projects [12]
VanadiumCorp Resource Closes Second Tranche of Financing
Thenewswire· 2025-08-25 22:30
Core Viewpoint - VanadiumCorp Resource Inc. has successfully closed a second tranche of its private placement financing, raising a total of $166,100 through the issuance of 1,510,000 units at $0.11 each, with plans to complete the financing by September 12, 2025 [1][2]. Financing Details - The financing consists of up to 4,545,455 units, each unit comprising one common share and one common share purchase warrant, with the warrants exercisable at $0.15 for two years from the date of issue [2]. - The second tranche includes two insiders subscribing for 960,000 units, totaling $105,600, qualifying as a related party transaction under MI 61-101 [3]. - The company is relying on exemptions from formal valuation requirements as the transaction's fair market value does not exceed 25% of the company's market capitalization [3]. Regulatory and Use of Proceeds - The financing is subject to final Exchange approval, and all securities issued will be under a four-month hold from the date of issue [4]. - Proceeds from the financing will be allocated for working capital and general corporate purposes [4]. Company Overview - VanadiumCorp is a Canadian critical metals exploration company that owns 100% of two strategic properties in Quebec: The Iron T and the flagship Lac Doré property [6]. - The company is advancing innovative technologies to extract vanadium-titanium and potentially high-grade iron from its vanadiferous titanomagnetite projects, aiming for a stable, long-term supply of critical metal deposits [6]. - The initial electrolyte facility in Val-des-Sources, Quebec, will evaluate output quality and facilitate initial electrolyte production, with plans to expand production for the international market, particularly for long-duration Vanadium Flow Batteries [6].
Wedgemount Resources Announces Missed Semi-Annual Convertible Debenture Interest Payment
Thenewswire· 2025-08-25 21:55
Core Points - Wedgemount Resources Corp. is unable to make the semi-annual interest payment of CAD$122,500 on its outstanding CAD$2.45 million, 10% Unsecured Convertible Debentures due in 2028 [1][2] - The missed payment is attributed to unexpected liquidity constraints caused by a shutdown of third-party gas gathering facilities and slower production growth at the Huggy leases, which negatively impacted revenues [2][3] - The CEO of Wedgemount expressed regret over the missed payment and acknowledged the concerns of Debenture holders, noting that the shutdowns forced the company to halt both oil and gas production [3] Company Overview - Wedgemount Resources is a junior oil and gas company focused on maximizing shareholder value through the acquisition, development, and exploitation of oil and gas projects in Texas, USA [4]
Armory Mining Closes Oversubscribed Private Placement
Thenewswire· 2025-08-25 21:05
Core Points - Armory Mining Corp. has successfully closed an oversubscribed non-brokered private placement offering, raising a total of $803,000 by issuing 16,060,000 units at a price of $0.05 per unit [1][4] Group 1: Offering Details - Each unit consists of one common share and one transferable common share purchase warrant, allowing the holder to acquire an additional common share at $0.065 until August 25, 2028 [2] - The company paid cash finder's fees of $54,350 and issued 1,028,000 finder's warrants, which are also exercisable at $0.065 until August 25, 2028 [3] - Additionally, 1,300,000 common shares were issued to an advisor for financial advisory and consulting services related to the offering [3] Group 2: Use of Proceeds - The proceeds from the offering are intended for working capital and general corporate purposes [4] Group 3: Company Overview - Armory Mining Corp. is focused 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]
GOAT Industries Announces Upsizing Of Private Placement To $6 Million
Thenewswire· 2025-08-25 19:55
Core Viewpoint - GOAT Industries Ltd. is increasing its non-brokered private placement offering to a total of up to $6,000,000, with a minimum raise of $2,000,000 [1][2]. Group 1: Offering Details - The offering will consist of up to 20,000,000 Units priced at $0.30 per Unit, with each Unit comprising one common share and one-half of a common share purchase warrant [2]. - Each Warrant allows the holder to purchase one additional Share at a price of $0.45 for a period of two years from issuance [2]. Group 2: Use of Proceeds - The net proceeds from the Offering will be allocated to fund the acquisition of 1509467 B.C. Ltd. and Vroom, Inc. (collectively referred to as "BETSource"), to expand BETSource's business, for future investments, and for general corporate and administrative purposes [3]. Group 3: Regulatory Information - All securities issued under the Offering will be subject to a statutory hold period of four months and one day from the date of issuance [4]. - Finder's fees may be applicable to eligible finders in accordance with the policies of the Canadian Securities Exchange [4]. Group 4: Company Overview - GOAT Industries Ltd. is an investment issuer focused on investing in high-potential companies across various industries, aiming to generate maximum returns from its investments [5].
Water Tower Research Publishes Initiation of Coverage Report on BTCS, Inc., “Powering the Future of the Decentralized Economy with Ethereum”
Thenewswire· 2025-08-25 18:28
Core Insights - The article discusses the recent developments in the industry and their implications for companies involved [1] Group 1 - The industry is experiencing significant changes due to regulatory updates and market dynamics [1] - Companies are adapting their strategies to align with new consumer preferences and technological advancements [1] - Financial performance metrics indicate a shift in profitability among key players, with some reporting increases while others face declines [1] Group 2 - Investment opportunities are emerging in sectors that are innovating rapidly and responding to market demands [1] - Risks associated with market volatility and competition are highlighted, necessitating careful analysis by investors [1] - Future outlook suggests potential growth areas, particularly in technology-driven segments [1]
Goat Industries Announces Non-Binding Letter of Intent to Acquire Gambling Platform
Thenewswire· 2025-08-25 15:40
 Vancouver, British Columbia, Canada – TheNewswire - August 25, 2025 – GOAT Industries Ltd. (the “Company” or “GOAT”) (CSE: GOAT) (OTC: BGTTF) (FWB: 26B.F) is pleased to announce that it has entered into a non-binding term sheet (the “Term Sheet”) dated August 25, 2025, to acquire (the “Transaction”) all of the issued and outstanding securities of 1509467 B.C. Ltd. (“1509”) and Vroom, Inc. (“Vroom” and, together with 1509, the “Targets”) from the securityholders of the Targets (the “Vendors”). Business of ...