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Hayasa Announces Closing of $2M Private Placement LIFE Offering of Units
Newsfile· 2025-09-24 10:30
Core Points - Hayasa Metals Inc. has successfully closed a $2 million private placement, issuing a total of 11,165,282 units at a price of $0.17 per unit, resulting in gross proceeds of $1,898,098 [1][2] - Each unit consists of one common share and one-half of a common share purchase warrant, with the whole warrant allowing the purchase of an additional common share at $0.22 per share [2] - Teck Resources Limited has acquired 934,500 units to maintain a 9.9% ownership stake on a partially diluted basis [2] Use of Proceeds - The net proceeds from the private placement will be utilized for ongoing exploration at the Urasar project in Armenia, acquiring additional property, and general working capital [3] - The company plans to conduct a 2,000-meter drill program at Urasar in 2026 and is considering a pipeline of projects for acquisition [3] Management Commentary - Joel Sutherland, CEO of Hayasa, expressed satisfaction with Teck's continued support and optimism regarding the company's first mover advantage in Armenia [4] Regulatory and Financial Details - The units were issued under the listed issuer financing exemption, and the securities are not subject to resale restrictions for Canadian residents [4] - The company paid $48,420 in finders' fees, which is 5% of the proceeds raised, to various entities involved in the placement [6] - Two officers of the company participated in the private placement, purchasing 588,400 units for a total of $100,028 [7] Shareholder Changes - Dennis Moore acquired 294,200 units at $0.17 per unit, increasing his total ownership to approximately 11.56% of the company's outstanding shares on an undiluted basis, a decrease from 13.31% [10] - If all warrants and stock options are exercised, Moore's ownership could rise to approximately 13.09% on a partially diluted basis [11] Company Overview - Hayasa Metals Inc. is focused on advancing copper and gold projects in Armenia's Tethyan Mineral belt, controlling both the Urasar and Vardenis projects [14]
Core Silver Announces Closing of LIFE Flow-Through Private Placement Offering
Accessnewswire· 2025-09-19 20:05
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESS Newswire / September 19, 2025 / Core Silver Corp. ("Core Silver" or the "Company") (CSE:CC)(FSE:5RJ)(OTCQB:CCOOF) is pleased to announce that it has closed its previously announced non-brokered listed issuer financing exemption private placement offering (the "LIFE Offering") by issuing 6,000,000 flow-through units ("LIFE FT ...
Surge Battery Metals Announces Non-Brokered LIFE Offering is Fully Subscribed
Newsfile· 2025-09-18 20:31
West Vancouver, British Columbia--(Newsfile Corp. - September 18, 2025) - Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) (the "Company" or "Surge") is pleased to announce that it has fully allocated its previously announced non-brokered private placement offering (the "LIFE Offering") of up to 20,000,000 units (the "Offered Units") at a price of $0.25 per Offered Unit for aggregate gross proceeds of $5,000,000, pursuant to the listed issuer financing exemption available under under Part 5 ...
ESGold Announces Closing of C$8.0 Million Brokered LIFE Offering
Newsfile· 2025-09-18 13:30
Core Points - ESGold Corp. has successfully closed a private placement offering, raising gross proceeds of C$8,000,000 through the sale of 10,666,667 units at a price of C$0.75 per unit [1][2] - Each unit consists of one common share and one warrant, with the warrant allowing the purchase of an additional common share at C$1.10 until September 18, 2028 [2] - The net proceeds will be utilized for advancing the Montauban Project in Québec and for general working capital [3] Offering Details - The offering was conducted under National Instrument 45-106, allowing for the issuance of units to Canadian and U.S. purchasers [4] - The agent for the offering, Red Cloud Securities Inc., received cash fees of C$460,867.50 and 614,490 broker warrants, which are also exercisable at the offering price until September 18, 2028 [5] - The securities issued are not registered under the U.S. Securities Act and cannot be sold to U.S. persons without proper registration or exemption [7] Company Overview - ESGold Corp. is a pre-production resource company focused on clean mining and exploration, with its flagship Montauban property located 80 kilometers west of Quebec City [10] - The company aims to combine near-term production with district-scale discovery potential, emphasizing responsible mining practices [10]
Surge Battery Metals Announces Non-Brokered LIFE Offering of Units
Newsfile· 2025-09-18 11:30
West Vancouver, British Columbia--(Newsfile Corp. - September 18, 2025) - Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) (the "Company" or "Surge") is pleased to announce that it will be conducting a non-brokered private placement of units (the "Offered Units") at a price of $0.25 per Offered Unit (the "Issue Price") for aggregate gross proceeds of a minimum of $4,000,000 (16,000,000 Offered Units) up to a maximum of $5,000,000 (20,000,000 Offered Units), pursuant to the listed issuer fin ...
IMPACT Silver Announces Closing of C$16.0 Million Bought Deal LIFE Private Placement
Newsfile· 2025-09-17 14:45
Core Viewpoint - IMPACT Silver Corp. has successfully closed a bought deal private placement, raising gross proceeds of C$16,000,000.56, which includes the full exercise of the underwriters' over-allotment option [2][3]. Group 1: Offering Details - The company sold 44,444,446 units at a price of C$0.36 per unit, with each unit consisting of one common share and one common share purchase warrant [2][3]. - Each warrant allows the holder to purchase one common share at a price of C$0.45 until September 17, 2027 [3]. - The underwriters, Red Cloud Securities Inc. and Research Capital Corporation, received cash fees totaling C$1,040,000.04 and 2,888,888 non-transferable common share purchase warrants [5]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for advancing underground development and infrastructure at the high-grade Guadalupe mine, increasing processing plant throughput, and expanding mining operations at the Plomosas zinc-silver-lead mine [6]. Group 3: Regulatory Compliance - The units were issued to Canadian purchasers under the listed issuer financing exemption and are freely tradeable under applicable Canadian securities legislation [4]. - The offering was also made in offshore jurisdictions and the United States on a private placement basis, adhering to exemptions from the registration requirements of the U.S. Securities Act [4][8]. Group 4: Company Overview - IMPACT Silver Corp. is a producer-explorer with two mining projects in Mexico, including the Zacualpan project and the Plomosas mine, which have shown significant production and exploration potential [9][13].
Lake Victoria Gold Announces Closing of Oversubscribed Non-Brokered LIFE Private Placement of Units for $6 Million and Upsize of Concurrent Private Placement to $2 Million
Newsfile· 2025-09-17 10:00
Core Viewpoint - Lake Victoria Gold Ltd. has successfully closed an oversubscribed non-brokered private placement, raising $6 million through the issuance of 34,285,715 units at a price of $0.175 per unit, with plans to use the proceeds for exploration and development of its gold projects [2][8]. Group 1: Private Placement Details - The LIFE Private Placement consists of units that include one common share and one-half of a common share purchase warrant, with each warrant exercisable at $0.27 for three years [3]. - The company has also upsized its concurrent private placement to $2 million, allowing for the issuance of up to 11,428,571 shares at the same price of $0.175 per share [6][7]. - The total gross proceeds from both private placements are intended for exploration and upkeep of the Tembo and Imwelo Gold Projects, as well as general working capital [8]. Group 2: Management Commentary - The President & CEO of Lake Victoria Gold emphasized that the financing reflects strong support for the company's strategy and assets, positioning it to advance projects and create value [4]. - The company is preparing to mobilize work crews and contractors to ensure quick project advancement following the capital raise [4]. Group 3: Finder's Fees and Warrants - In connection with the LIFE Private Placement, the company paid a total of $215,340.13 in cash finder's fees and issued 1,218,515 finder's warrants to various finders [5]. - Each finder's warrant is exercisable at $0.175 per share for three years, subject to TSXV approval [5]. Group 4: Insider Participation - It is anticipated that insiders will participate in the Concurrent Private Placement, which may be considered a related party transaction but will be exempt from certain formal requirements [9].
Silver Dollar Announces $4.0 Million Brokered LIFE Offering
Newsfile· 2025-09-16 22:14
Core Viewpoint - Silver Dollar Resources Inc. has announced a private placement offering aiming to raise between $950,000 and $4,000,000 through the sale of units priced at $0.35 each, with the proceeds intended for exploration activities and working capital [1][3]. Group 1: Offering Details - The offering will consist of units, each comprising one common share and one warrant, with warrants allowing the purchase of additional shares at $0.45 within 36 months [2]. - The offering is scheduled to close around the week of September 30, 2025, contingent upon raising the minimum gross proceeds and obtaining necessary approvals [6]. - The agent has the option to sell an additional 1,714,286 units for up to $600,000 in gross proceeds [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to exploration activities at the La Joya Silver Project in Durango, Mexico, and the Ranger-Page Ag-Pb-Zn Project in Idaho [3]. Group 3: Regulatory Compliance - The units will be offered to purchasers in all Canadian provinces except Québec and in offshore jurisdictions, adhering to National Instrument 45-106 regulations [5]. - Securities sold under the offering will not be registered under the U.S. Securities Act and cannot be offered in the U.S. without registration or an exemption [9]. Group 4: Financial Arrangements - The company will pay the agent a cash commission of 6% of the gross proceeds and issue broker warrants equivalent to 6% of the units sold [8].
PTX Metals Inc. Announces Private Placement Amendments
Newsfile· 2025-09-16 20:30
Core Viewpoint - PTX Metals Inc. is expanding its private placement offerings to raise up to $3,500,000 through a LIFE Offering and an additional $1,500,000 through a Non-LIFE Offering, aimed at funding corporate expenses and eligible exploration activities in Ontario [1][6][2]. Group 1: LIFE Offering Details - The LIFE Offering includes hard dollar units (HD Units) priced at $0.10 each and charity flow-through units (CFT Units) priced at $0.15 each, with a total target of $3,500,000 [1][7]. - Each Unit consists of one common share and one-half of a share purchase warrant, with the warrant exercisable at $0.16 for 36 months [1]. - The proceeds from the CFT Units will be allocated to Canadian exploration expenses related to the Company's projects, with expenditures to be incurred by December 31, 2026 [3]. Group 2: Non-LIFE Offering Details - The Non-LIFE Offering aims to raise up to $1,500,000 through flow-through units (FT Units) priced at $0.135 each and an additional $500,000 through CFT Units [6]. - FT Units will also consist of one common share and one-half of a warrant, with the CFT Units having identical terms to those in the LIFE Offering [6]. Group 3: Regulatory and Insider Participation - The offerings are being conducted under the Listed Issuer Financing Exemption, allowing for no hold period under Canadian securities laws [4]. - Insiders may participate in the offerings, which will be treated as related party transactions, exempting them from certain formal valuation and minority approval requirements [9]. Group 4: Closing and Additional Information - The closing of both offerings may occur in multiple tranches, with the final closing expected on September 26, 2025, subject to regulatory approvals [8]. - Eligible finders will receive a cash fee of 7% of the gross amount raised and finder warrants equal to 7% of the units issued [10].
Silver47 Announces Closing of $23 Million Brokered LIFE Financing, Including Full Exercise of the Over-Allotment Option
Newsfile· 2025-09-16 16:58
Core Viewpoint - Silver47 Exploration Corp. has successfully closed a brokered private placement, raising a total of $23,000,460 through the sale of units priced at $0.70 each, including the full exercise of the over-allotment option [1][7]. Group 1: Offering Details - The Offering was led by Research Capital Corporation, with participation from Eventus Capital Corp. and Haywood Securities Inc. Each unit consists of one common share and one-half of a common share purchase warrant, with warrants exercisable at $1.00 until September 16, 2028 [2]. - The net proceeds from the Offering will be allocated for further exploration work on the Company's projects and for general working capital purposes [3]. - The Units were sold under the "listed issuer financing exemption," allowing them to bypass the prospectus requirement, with certain securities subject to a hold period until January 17, 2026, for shares sold to a director [4]. Group 2: Financial Arrangements - Silver47 paid a total cash commission of $1,193,175 to the Agents and issued 1,704,536 broker warrants, each exercisable at $0.70 until September 16, 2028. Additionally, an advisory fee of $179,342.80 plus tax was paid, along with 256,204 advisory warrants on the same terms as the broker warrants [5]. - A director of Silver47 acquired 100,000 Units for gross proceeds of $70,000, classifying the Offering as a related party transaction. The Company relied on exemptions from formal valuation and minority approval requirements due to the participation not exceeding 25% of its market capitalization [6]. Group 3: Company Overview - Silver47 Exploration Corp. is focused on mineral exploration, particularly in developing silver-rich deposits in North America, with a combined resource totaling 236 million ounces of silver equivalent at an inferred grade of 334 g/t and 10 million ounces at an indicated grade of 333 g/t [9]. - The Company operates in key mining jurisdictions in Alaska, Nevada, and New Mexico, positioning itself as a leading high-grade silver developer [9].