aTyr Pharma(LIFE)

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Cassiar Gold Announces Brokered LIFE Offering for Gross Proceeds of up to C$5 Million
Newsfile· 2025-06-25 20:38
Core Viewpoint - Cassiar Gold Corp. has announced a brokered private placement offering for gross proceeds of up to C$5 million, which includes flow-through units and regular units to fund exploration activities on its flagship Cassiar Gold Project in British Columbia [1][4]. Offering Details - The offering consists of up to 11,111,111 flow-through units priced at C$0.36 each, aiming for gross proceeds of up to C$4 million, and up to 4,000,000 regular units for gross proceeds of up to C$1 million [1][2]. - Each flow-through unit includes one common share and one warrant, while each regular unit consists of one common share and one warrant, with warrants allowing the purchase of additional shares at C$0.50 within 24 months [2]. Use of Proceeds - Gross proceeds from the sale of flow-through units will be used for eligible Canadian exploration expenses related to the Cassiar Gold Project, with expenses to be incurred by December 31, 2026 [4]. - Net proceeds from the sale of regular units will be allocated for general and administrative expenses [4]. Regulatory Compliance - The offering will comply with applicable regulatory requirements and will be available to purchasers in specific Canadian provinces under the listed issuer financing exemption [5]. Closing Date - The offering is scheduled to close on July 10, 2025, subject to necessary regulatory approvals [9]. Company Overview - Cassiar Gold Corp. holds a 100% interest in the Cassiar Gold Property, which spans 590 km² and includes the Cassiar North and Cassiar South project areas, with significant historical gold production and exploration potential [11][12].
KANSAS CITY LIFE ANNOUNCES A POTENTIAL NATIONWIDE SETTLEMENT IN COST OF INSURANCE CLASS ACTION LITIGATION
Prnewswire· 2025-06-24 20:43
Core Viewpoint - Kansas City Life Insurance Company ("KCL") has entered into a settlement agreement to resolve claims related to the cost of insurance rates in certain universal life and variable universal life policies, agreeing to pay $45 million to approximately 88,000 policyholders [1][2]. Summary by Sections Settlement Agreement - The proposed nationwide Settlement Agreement is subject to preliminary and final court approval, with KCL agreeing to pay $45 million to settle claims from around 88,000 policyholders [2]. - The settlement aims to resolve all current and potential claims regarding the cost of insurance rates for various universal life and variable universal life policies issued and administered by KCL since January 1, 2002 [3]. Ongoing Litigation - The settlement will also address claims from ongoing cases, including van Zanten and Vittetoe v. KCL, Sheldon v. KCL, and others, as well as claims from any policyholder with a Class Policy not involved in existing litigation [4]. Court Proceedings - Settlement proceedings for the Sheldon litigation will occur in the 16th Circuit Court, Jackson County Missouri, while other claims will be handled in the United States District Court for the Western District of Missouri [5]. Company Position - KCL does not admit any liability or wrongdoing in entering the Settlement Agreement and will continue to defend against any actions if the settlement is not approved [6]. - The CEO of KCL stated that the settlement is intended to eliminate future uncertainty and legal expenses, benefiting policyholders, the company, and shareholders [7].
Tier One Silver Updates LIFE Financing and Receives Bridge Loan
Newsfile· 2025-06-23 22:22
Group 1 - The targeted closing date for Tier One Silver Inc.'s LIFE offering has been extended to July 15, 2025 [1] - The company has secured a C$175,000 bridge loan from a director to cover Peruvian governmental mineral project concession fees due June 30, 2025 [1][2] - The bridge loan is unsecured, carries a 12% annual interest rate, and is due for repayment by September 30, 2025, or upon completion of the LIFE offering or other financing totaling at least C$1 million [1][2] Group 2 - The company aims to raise at least C$4.1 million through the issuance of units priced at $0.09, with each unit consisting of one common share and one share purchase warrant [2] - The net proceeds from the offering will be allocated for exploration of the Curibaya project, including drilling of the Cambaya target area, and for general corporate and working capital purposes [2] - The offering and bridge loan are subject to approval from the TSX Venture Exchange and customary completion conditions [2][3] Group 3 - The company may pay eligible finders a cash fee of 6% of the gross proceeds from the offering and issue finders warrants equal to 6% of the number of units sold [3] - Each finders warrant will have the same terms as the unit warrants [3] Group 4 - Tier One Silver is focused on discovering world-class silver, gold, and base metal deposits in Peru, with a management team experienced in capital raising and exploration success [5]
Silver North Announces Charity Flow Through LIFE Private Placement for Gross Proceeds of up to C$2.1 Million
Thenewswire· 2025-06-23 22:05
Core Viewpoint - Silver North Resources Ltd. is conducting a non-brokered private placement to raise up to $2,100,000 through the sale of charity flow-through units at a price of $0.21 per unit, aimed at funding exploration activities on its mineral properties in the Yukon Territory [1][2]. Group 1: Offering Details - The Offering consists of charity flow-through units (CFT Units), each comprising one common share and one-half of a common share purchase warrant, with the warrant allowing the purchase of one common share at an exercise price of $0.35 for 48 months [1]. - The gross proceeds from the sale of CFT Units will be used to incur eligible Canadian exploration expenses related to the Company's projects in the Yukon, with a commitment to renounce these expenditures to subscribers by December 31, 2025 [3]. Group 2: Exploration Plans - Proceeds from the financing will be allocated to exploration programs on the Haldane and GDR projects, including a prospecting and mapping program on the Veronica claim block of the GDR Project, which is adjacent to the Tim Property [8]. - At Haldane, a diamond drilling program consisting of 10 holes (2,500 meters) will target the expansion of silver-lead-zinc mineralization at the Main Fault target, with previous drilling returning significant grades of silver and other minerals [9]. Group 3: Regulatory Compliance - The Offering will comply with the policies of the TSX Venture Exchange and is subject to necessary regulatory approvals [4]. - The Offered Securities will be available for sale to purchasers in Canada and other qualifying jurisdictions without a hold period due to the Listed Issuer Financing Exemption [5].
Defiance Silver Corp. Announces Closing of Brokered LIFE Offering and Concurrent Non-Brokered Offering for Total Gross Proceeds of C$16.5 Million
Newsfile· 2025-06-20 18:10
Core Viewpoint - Defiance Silver Corp. successfully closed a brokered private placement and a concurrent non-brokered offering, raising total gross proceeds of C$16.5 million [2]. Group 1: Brokered Offering - The brokered offering generated gross proceeds of C$15 million, with the sale of 60 million units at a price of C$0.25 per unit [2][3]. - Each unit consists of one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of one common share at C$0.35 until June 20, 2027 [3]. - Red Cloud Securities Inc. acted as the sole agent, receiving a cash commission of C$824,950 and 3,299,800 broker warrants [4]. Group 2: Use of Proceeds - The net proceeds from the brokered offering will be allocated for exploration work, a mineral resource estimate at the San Acacio project, cash option payments on the Tepal project, and general working capital [5]. Group 3: Non-Brokered Offering - The non-brokered offering raised additional gross proceeds of up to C$1.5 million by selling 6 million units at C$0.25 per unit [11]. - Each non-brokered unit also consists of one common share and one-half of a common share purchase warrant, with similar terms as the brokered offering [11]. - A cash commission of C$90,000 was paid to an arm-length finder, along with the issuance of 360,000 finder warrants [12]. Group 4: Regulatory Compliance - The units were issued under the listed issuer financing exemption and are freely tradeable under applicable Canadian securities legislation [6]. - The offerings are subject to final approval from the TSX Venture Exchange [13]. Group 5: Company Overview - Defiance Silver Corp. is focused on advancing the Zacatecas project and the Tepal Gold/Copper project in Mexico, aiming to develop premier silver and gold deposits [15].
Talon Metals Closes $41 Million Financing Comprised of $25 Million Brokered Private Placement and Concurrent $16 Million Non-Brokered Private Placement
Newsfile· 2025-06-18 13:14
Core Viewpoint - Talon Metals Corp. has successfully closed a total financing of $41 million through a brokered private placement and a concurrent non-brokered private placement to advance its Tamarack Nickel Project and for general corporate purposes [1][2][5]. Group 1: Financing Details - The brokered private placement (LIFE Offering) raised gross proceeds of $25.3 million by issuing 115,000,000 units at a price of $0.22 per unit [1]. - The non-brokered private placement (Non-LIFE Offering) generated gross proceeds of $15.69 million through the issuance of 71,318,184 units at the same offering price [2]. - The total financing amount of $41 million consists of both the LIFE and Non-LIFE offerings [1][2]. Group 2: Unit Structure and Warrant Details - Each LIFE Unit and Non-LIFE Unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at $0.28 for 36 months [4]. - If the closing price of common shares exceeds $0.56 for 20 consecutive trading days, the company may accelerate the expiry date of the warrants [4]. Group 3: Use of Proceeds - The net proceeds from the offerings will be utilized to advance the Tamarack Nickel Project, as well as for general administrative expenses and working capital [5]. Group 4: Participation and Related Party Transactions - Certain directors and affiliates of Pallinghurst Nickel International Ltd. participated in the Non-LIFE Offering, acquiring 6,222,728 units for approximately $1.37 million [3][7]. - Following this acquisition, these parties hold about 0.55% of the issued and outstanding common shares on a non-diluted basis [8]. Group 5: Company Overview - Talon Metals Corp. is a base metals company listed on the TSX, engaged in a joint venture with Rio Tinto on the Tamarack Nickel-Copper-Cobalt Project in Minnesota [10]. - The company currently owns 51% of the Tamarack Nickel Project and has plans to expand its high-grade nickel mineralization resource [10]. - Talon has received significant funding from the US Department of Energy and the US Department of Defense to support its exploration efforts [10].
Goliath Resources Announces Closing of LIFE Offering Including the Full Exercise of Underwriters' Option for Gross Proceeds of $23,003,105
GlobeNewswire News Room· 2025-06-16 14:24
Group 1 - Goliath Resources Limited has closed a "bought deal" private placement of 7,256,500 common shares at a price of C$3.17 per share, raising aggregate gross proceeds of C$23,003,103 [1] - The company is also completing a concurrent non-brokered private placement of up to 1,281,545 Charity Flow-Through Shares for gross proceeds of up to C$4,062,500 [2] - The Offering was led by Stifel Nicolaus Canada Inc. and included a cash commission of 6.0% and 435,390 common share purchase warrants [3] Group 2 - Proceeds from the Offering will be used to advance exploration of the Golddigger-Surebet Project and to incur Canadian exploration expenses [4] - The Charity Flow-Through Shares will allow individual subscribers in British Columbia to claim a provincial non-refundable tax credit equal to 20% of their flow-through mining expenditures [4] Group 3 - All Charity Flow-Through Shares were issued under the "listed issuer financing" exemption and are not subject to a statutory hold period [5] - The Offering is subject to final approval from the TSX Venture Exchange [5] Group 4 - Goliath Resources is focused on precious metals exploration in the Golden Triangle of northwestern British Columbia, with projects in high-quality geological settings [8] - Key strategic shareholders include Crescat Capital and McEwen Mining Inc. [8]
Pampa Metals Announces $5 million LIFE Offering
Thenewswire· 2025-06-13 21:55
Core Viewpoint - Pampa Metals Corp. is initiating a non-brokered private placement aiming to raise between $4 million and $5 million through the issuance of shares priced at $0.16 each, with Canaccord Genuity Corp. serving as the financial advisor for this offering [1][6]. Group 1: Offering Details - The private placement will consist of up to 31,250,000 shares offered under the Listed Issuer Financing Exemption, applicable in all Canadian provinces except Quebec [2]. - The offering is scheduled to close around June 27, 2025, and is subject to customary conditions for such transactions [4]. - The shares will not be subject to a Canadian hold period as per applicable securities laws [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to fund exploration at the Piuquenes Project and the Cobrasco Project, as well as for working capital and general corporate purposes [4]. Group 3: Financial Advisor and Fees - Canaccord Genuity Corp. will receive an advisory fee of 1% of the total gross proceeds raised from the offering [6]. - The company may also pay finder's fees of up to 5% in cash and 5% in finder's warrants, with warrants having an exercise price of $0.30 and a term of 2 years [6]. Group 4: Company Background - Pampa Metals is a copper-gold exploration company listed on the Canadian Stock Exchange, Frankfurt, and OTC exchanges [7]. - The company has entered into an agreement to acquire an 80% interest in the Piuquenes Copper-Gold Porphyry Project in Argentina and plans to acquire 100% of Rugby Resources Ltd., which will provide an 80% interest in the Cobrasco Project in Colombia [7].
PesoRama Announces $5 Million LIFE Offering
Newsfile· 2025-06-10 11:18
Toronto, Ontario--(Newsfile Corp. - June 10, 2025) - PesoRama Inc. (TSXV: PESO) (OTC Pink: PSSOF) (FSE: ZE6) ("PesoRama" or the "Company"), a Canadian company operating dollar stores in Mexico under the JOi Dollar Plus brand, is pleased to announce a non-brokered private placement of 33,333,333 units of the Company (each, a "Unit") at a price of $0.15 per Unit (the "Offering Price") for gross proceeds of up to $5,000,000 (the "LIFE Offering") pursuant to the Listed Issuer Financing Exemption under Part 5A ...
Ucore Announces Books Closed on C$15.5 Million LIFE Offering and Full Exercise of Agents' Option
Newsfile· 2025-06-10 10:54
Halifax, Nova Scotia--(Newsfile Corp. - June 10, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that, further to its news release dated June 9, 2025, the order book for the Company's previously announced upsized private placement (the "Offering"), is closed with orders totaling C$15.5 million. The Offering is over-subscribed and includes the full exercise of the agents' option. Although orders in excess of C$15.5 million were received in connecti ...