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Ucore Announces Brokered LIFE Offering of Units for up to $10 Million
Newsfile· 2025-06-03 20:30
Core Viewpoint - Ucore Rare Metals Inc. has initiated a private placement offering to raise up to $10 million, with the potential to increase to $11.5 million if the Agents' Option is fully exercised, aimed at advancing its strategic metals complex and fulfilling obligations with the U.S. Department of Defense and Natural Resources Canada [1][2][5]. Group 1: Offering Details - The offering price is set at $1.20 per Unit, with each Unit comprising one common share and one-half of a warrant, allowing the purchase of one common share at an exercise price of $1.75 for 36 months [1]. - The Agents' Option allows for the sale of an additional 1,250,000 Units, potentially raising an extra $1.5 million [2]. - The offering is expected to close around June 19, 2025, pending necessary approvals [7]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated to finalizing upstream mixed-rare-earth feedstock agreements and downstream customer offtake agreements for the planned strategic metals complex in Louisiana [5]. - Funds will also support the completion of existing obligations with the U.S. Department of Defense and Natural Resources Canada, commercial scale column confirmation testing, and ongoing engineering plans for the strategic metals complex [5]. Group 3: Regulatory and Market Context - The Units will be offered under the listed issuer financing exemption in Canada, excluding Québec, and will not have resale restrictions under applicable Canadian securities laws [3]. - The offering will also be available in the United States under exemptions from registration requirements, with no prospectus filing obligations in other jurisdictions [4]. Group 4: Company Overview - Ucore focuses on rare and critical metal resources, aiming to become a leading advanced technology company in metal separation products and services [11]. - The company plans to disrupt China's control over the North American rare earth element supply chain through the development of processing facilities in the U.S. and Canada [12].
Argyle Announces up to C$1 Million LIFE Offering
Newsfile· 2025-05-26 23:00
Core Points - Argyle Resources Corp. plans to complete an offering of up to 2,000,000 units at a price of C$0.50 per unit, aiming for gross proceeds of up to C$1,000,000 [1] - Each unit consists of one common share and one-half of a share purchase warrant, with the warrant allowing the purchase of one share at C$0.55 for 24 months [1] - The offering will be conducted under the listed issuer financing exemption, allowing for no resale restrictions in most Canadian provinces [2] Financial Details - The offering is scheduled to close on or about June 6, 2025, and is subject to raising a minimum of C$750,000 [4] - Proceeds from the offering will be used for general working capital purposes [4] Company Overview - Argyle Resources Corp. is a junior mineral exploration company focused on acquiring and evaluating natural resource properties in North America [6] - The company holds a 100% interest in several silica projects in Québec and has options to acquire additional properties in Ontario and Nova Scotia [6] - Established in 2023, the company is headquartered in Calgary, Alberta [7]
aTyr Pharma(LIFE) - 2025 Q1 - Quarterly Report
2025-05-07 20:07
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-37378 ATYR PHARMA, INC. (Exact name of registrant as specified in its charter) Delaware 20-3435077 (State or other jurisdiction ...
aTyr Pharma(LIFE) - 2025 Q1 - Quarterly Results
2025-05-07 20:03
Exhibit 99.1 IMMEDIATE RELEASE Contact: Ashlee Dunston Sr. Director, Investor Relations and Public Affairs adunston@atyrpharma.com aTyr Pharma Announces First Quarter 2025 Results and Provides Corporate Update Topline data from Phase 3 EFZO-FIT™ study of efzofitimod in pulmonary sarcoidosis on track for the third quarter of 2025. Blinded baseline demographics and disease characteristics from Phase 3 EFZO-FIT™ study and current U.S. epidemiology and treatment practices for pulmonary sarcoidosis to be present ...
GLOBE LIFE INC. REPORTS FIRST QUARTER 2025 RESULTS
Prnewswire· 2025-04-30 20:15
Core Insights - Globe Life Inc. reported a net income of $3.01 per diluted common share for Q1 2025, an increase from $2.67 in the same quarter last year, while net operating income was $3.07 per diluted common share, exceeding management's expectations [1][6][11] Financial Performance - Net operating income increased by 10% year-over-year, from $2.78 to $3.07 per diluted common share [6][7] - Net income as a return on equity (ROE) was 19.0%, down from 21.3% in the previous year [6][11] - Total premium revenue for life insurance rose by 3% to $829.86 million, while health insurance premiums increased by 8% to $369.79 million, leading to a total premium revenue of $1.20 billion, a 5% increase from the previous year [13][43] Insurance Operations - Life insurance accounted for 80% of the insurance underwriting margin, while health insurance made up 20% [12] - Life underwriting margin increased by 9% year-over-year, while health underwriting margin decreased by 10% [15][19] - Net sales of life insurance declined by 1%, whereas net health sales increased by 24% [13][19] Investment Performance - Net investment income decreased by 1% to $280.61 million, while excess investment income fell by 18% to $35.87 million [25][26] - The investment portfolio totaled $20.01 billion, with fixed maturities making up 87% of the total [28][29] Shareholder Actions - The company repurchased 1.5 million shares of common stock at a total cost of $177 million, averaging $121.70 per share [34] - Shareholders' equity, excluding accumulated other comprehensive income (AOCI), was reported at $7.40 billion [11][12] Guidance - Globe Life projects net operating income between $13.45 to $14.05 per diluted common share for the year ending December 31, 2025, reaffirming previous guidance [36]
Vortex Energy Corp. Announces Listed Issuer Financing Exemption (LIFE) Private Placement
GlobeNewswire News Room· 2025-04-24 21:00
Core Points - Vortex Energy Corp. plans to complete a non-brokered private placement financing of a minimum of 2,190,000 common shares and up to a maximum of 4,000,000 common shares at an issue price of $0.25 per share, aiming for minimum gross proceeds of $547,500 and maximum gross proceeds of $1,000,000 [1][2][8] Group 1 - The closing of the private placement is anticipated on or about May 22, 2025, subject to necessary regulatory approvals [2][8] - The net proceeds from the private placement will be used for exploration activities at the Robinson River Salt and Fire Eye Projects, as well as for general administrative expenditures and working capital [2][4] - The common shares will be offered for sale to purchasers in all provinces of Canada except Quebec, under the listed issuer financing exemption [3][4] Group 2 - Vortex Energy Corp. is engaged in the acquisition, exploration, and development of mineral properties in North America, focusing on the Robinson River Salt Project and the Fire Eye Uranium Property [6][8] - The Robinson River Salt Project consists of 942 claims covering 23,500 hectares, located approximately 35 kilometers south of Stephenville, Newfoundland & Labrador, and is prospective for salt and hydrogen salt cavern storage [6][8]
DiagnaMed Announces Closing of LIFE Offering
Newsfile· 2025-04-14 12:00
Each unit consists of one common share in the capital of the company and one common share purchase warrant, with each warrant entitling the holder to acquire one additional common share for a period of 24 months from closing at an exercise price of $0.05. Toronto, Ontario--(Newsfile Corp. - April 14, 2025) - DiagnaMed Holdings Corp. (CSE: DMED) (OTCQB: DGNMF) ("DiagnaMed" or the "Company"), a leading provider of cutting-edge technology solutions for the hydrogen and life sciences industries, is pleased to a ...
LithiumBank Announces Closing of Final Tranche of LIFE Private Placement
Newsfile· 2025-04-09 00:36
Core Points - LithiumBank Resources Corp. has successfully closed the second and final tranche of its non-brokered private placement, raising approximately $2.9 million, bringing total gross proceeds to about $4.9 million [1][5] Group 1: Offering Details - Each LIFE Unit consists of one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of one share at an exercise price of $0.50 for 36 months [2] - The LIFE Units were issued under the Listed Issuer Financing Exemption, making them immediately tradeable without a hold period under Canadian securities laws [3] Group 2: Finder's Fees and Warrants - The company paid a cash finder's fee of $7,595 to Red Cloud Securities Inc. and issued 21,700 finders' warrants, while also paying $26,464.90 to Leede Financial Inc. and issuing 75,614 finders' warrants [4] Group 3: Use of Proceeds - The net proceeds from the LIFE Offering will be used for brine hosted mineral license payments, environmental assessment studies, and community consultation [5] Group 4: Company Overview - LithiumBank Resources Corp. focuses on lithium exploration in Western Canada, holding 1,855,915 acres of lithium brine licenses across Alberta and Saskatchewan, and has licensed DLE technology from Go2Lithium [7]
LithiumBank Announces Closing of Flow-Through Private Placement & First Tranche of LIFE Private Placement for Aggregate Gross Proceeds of $4,131,000
Newsfile· 2025-04-07 12:15
LithiumBank Announces Closing of Flow-Through Private Placement & First Tranche of LIFE Private Placement for Aggregate Gross Proceeds of $4,131,000April 07, 2025 8:15 AM EDT | Source: LithiumBank Resources Corp.Vancouver, British Columbia--(Newsfile Corp. - April 7, 2025) -  LithiumBank Resources Corp. (TSXV: LBNK) (OTCQX: LBNKF) ("LithiumBank" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement of 5,000,000 flow-through units (t ...
Gunnison Copper Announces Listed Issuer Financing Exemption (LIFE) Private Placement of Units
Newsfile· 2025-03-26 12:00
Core Viewpoint - Gunnison Copper Corp. announces a non-brokered private placement to raise funds for its Gunnison Copper Project, aiming to define high-value opportunities and commence drilling and metallurgical testing activities [1][2][3] Group 1: Offering Details - The private placement consists of a minimum of 6,666,700 and up to a maximum of 22,940,000 units, priced at C$0.30 per unit, with gross proceeds ranging from C$2,000,010 to C$6,882,000 [1] - Each unit includes one common share and one-half of a common share purchase warrant, with full warrants allowing the purchase of additional shares at C$0.45 for 24 months [1] - The offering is made under the Listed Issuer Financing Exemption, allowing for no resale restrictions under Canadian securities laws [5] Group 2: Use of Proceeds - Net proceeds will fund the High Value Work Program and initiate drilling and metallurgical testing for a pre-feasibility study [2] - Combined with a previous non-dilutive funding transaction of US$3 million from Nuton, total proceeds could reach C$6.29 million (minimum offering) or C$11.17 million (maximum offering) [3] Group 3: Company Overview - Gunnison Copper Corp. is focused on developing and operating copper mines in Southern Arizona, with a commitment to local hiring and community investment [9] - The flagship Gunnison Copper Project has a measured and indicated mineral resource of over 831 million tons at a total copper grade of 0.31%, with a preliminary economic assessment showing an NPV of $1.3 billion and an IRR of 20.9% [10] - The Johnson Camp Mine is under construction, expected to produce up to 25 million lbs of finished copper cathode annually, fully funded by Nuton LLC [12]