Haywood Securities Inc.
Search documents
Altura Energy Closes the Oversubscribed Non-Brokered Private Placement Raising $2.97 Million
TMX Newsfile· 2026-02-05 21:18
Core Viewpoint - Altura Energy Corp. has successfully closed an oversubscribed non-brokered private placement offering, raising gross proceeds of approximately $2.97 million through the issuance of 29,705,977 units at a price of $0.10 per unit [1]. Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at an exercise price of $0.25 until February 5, 2031 [2]. - The company may accelerate the expiry date of the warrants if the closing price of the common shares reaches or exceeds $0.75 for twenty consecutive trading days [2]. Use of Proceeds - The net proceeds from the offering will be allocated for site maintenance, additional well recompletions, working capital, and general corporate purposes [4]. Finder's Fees - The company paid finder’s fees totaling $174,702 and issued 1,627,020 finder's warrants, which have the same terms as the warrants in the units [5]. Related Party Transaction - Mr. Ian Telfer, a director of the company, subscribed for 1,000,000 units for gross proceeds of $100,000, constituting a related party transaction [7]. Advisory Agreement - The company entered into a new strategic advisory services agreement with Haywood Securities Inc., agreeing to issue 2,900,000 units at a deemed price of $0.10 per unit for services rendered [8]. - The agreement includes a monthly consulting fee of $15,000, payable in common shares, subject to TSX Venture Exchange approval [9]. Company Overview - Altura Energy Corp. is an exploration and production company with interests in the Holbrook basin of Arizona [10].
Premier American Uranium Announces Closing of Bought Deal Private Placement for Gross Proceeds of C$15 Million
Globenewswire· 2026-02-03 14:15
Core Viewpoint - Premier American Uranium Inc. has successfully closed a private placement offering, raising approximately C$15,000,000 to advance its uranium projects and for general corporate purposes [1][4]. Group 1: Offering Details - The offering consisted of 16,666,666 units sold at a price of C$0.90 per unit, which includes the full exercise of the underwriter's option [1]. - Each unit comprises one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at C$1.26 until February 3, 2029 [2]. - The lead underwriter, Red Cloud Securities Inc., along with Haywood Securities Inc. and Beacon Securities Limited, received cash fees of C$823,468.46 and 914,964 non-transferable broker warrants [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for exploration and advancement of uranium projects in New Mexico and Wyoming, as well as for working capital and general corporate purposes [4]. Group 3: Insider Participation - Insiders, including IsoEnergy Ltd. and Sachem Cove Special Opportunities Fund, are participating in the offering, purchasing an aggregate of 2,556,500 units for C$2,300,850 [7]. - This insider participation is classified as a related party transaction but is exempt from formal valuation and minority shareholder approval requirements [7]. Group 4: Stock Options - The company has granted 2,115,000 incentive stock options to directors, officers, consultants, and advisors, each exercisable at C$0.90 per common share for five years, with vesting over three years [8]. Group 5: Company Overview - Premier American Uranium focuses on consolidating, exploring, and developing uranium projects across the U.S., aiming to enhance domestic energy security and support the transition to clean energy [10]. - The company holds extensive land in five major uranium districts, with active programs in New Mexico and Wyoming [10][11].
Verdera Energy Announces $20 Million Qualifying Transaction Financing
Globenewswire· 2026-01-07 18:08
Core Viewpoint - Verdera Energy Corp. and POCML 7 Inc. are progressing with a proposed transaction that will qualify as a Qualifying Transaction under TSX Venture Exchange policies, involving a subscription receipt offering to raise $20 million [1][2]. Offering Details - The offering will consist of 20,000,000 Subscription Receipts priced at $1.00 each, with an option for agents to purchase an additional 15% for up to $3 million [2]. - Upon meeting escrow release conditions, each Subscription Receipt will convert into one common share of Verdera [3]. - Agents will receive a 5% commission on gross proceeds and broker warrants equivalent to 4% of the total Subscription Receipts sold [4]. Escrow and Conditions - At closing, gross proceeds will be placed in escrow, with conditions for release including the completion of the proposed transaction [5]. - If conditions are not met within 90 days, funds will be returned to Subscription Receipt holders [5]. - Completion of the proposed transaction is subject to TSXV acceptance and other conditions [8][11]. Use of Proceeds - The net proceeds from the offering will be allocated for exploration and advancement of the Crownpoint and Hosta Butte Project, including drilling, community relations, and general corporate purposes [6]. Company Overview - Verdera Energy Corp. focuses on developing uranium assets in New Mexico, which is the 7th largest uranium-producing district globally, with significant mineral rights in the Grants Uranium District [14]. - The company aims to meet the growing demand for clean domestic uranium through environmentally sound extraction technology [15].
CBM Obtains Receipt for Final Prospectus for Initial Public Offering, Prospectus Accessible On SEDAR+
TMX Newsfile· 2025-12-30 01:26
Core Viewpoint - CBM International Holdings Inc. has received regulatory approval for its final prospectus related to its initial public offering (IPO), aiming to raise $200,000 through the issuance of 2,000,000 common shares at a price of $0.10 per share [1][2]. Group 1: IPO Details - The IPO is being led by Haywood Securities Inc. on a commercially reasonable efforts basis, with the agent receiving a cash commission and an option to purchase up to 200,000 common shares at the same offering price [3]. - The company has applied to list its common shares on the TSX Venture Exchange under the trading symbol "CBM.P," with conditional approval granted subject to meeting all requirements [6]. Group 2: Company Background - CBM International Holdings Inc. is classified as a capital pool company (CPC) and has not commenced commercial operations, holding no assets other than cash [7]. - The company will not engage in business activities other than identifying and evaluating potential qualifying transactions until such a transaction is completed [7]. Group 3: Prospectus Access - The prospectus and any amendments are accessible in accordance with securities legislation, and copies can be obtained from the agent [4][5].
Nobel Closes First Tranche of Private Placement Offerings
Globenewswire· 2025-12-11 14:45
Core Points - Nobel Resources Corp. has closed the first tranche of its private placement, raising gross proceeds of $2,287,500 by issuing 45,750,000 units at a price of $0.05 per unit [1][5] - Each unit consists of one common share and one-half of a common share purchase warrant, with warrants priced at $0.06 for a period of 24 months [2] - The net proceeds from the offerings will be utilized for exploration work on Chilean mineral properties and general corporate purposes [6] Offering Details - The LIFE Offering was led by iA Private Wealth Inc., with an aggregate cash fee of $160,125 paid to the agents and 3,202,500 broker warrants issued [3] - The NB Offering raised an additional $335,000 by issuing 6,700,000 units, with the same terms as the LIFE Offering [5] - The shares and warrants from the LIFE First Tranche are not subject to a statutory hold period, while those from the NB First Tranche will have a four-month and one-day hold period [4][5] Insider Participation - Certain directors and officers subscribed for 4,700,000 units under the NB First Tranche, qualifying as a related party transaction [7] - The company is relying on exemptions from formal valuation and minority shareholder approval requirements due to the transaction's market capitalization impact [7] Company Overview - Nobel Resources is a Canadian resource company focused on identifying and developing mineral projects, supported by a team with a strong exploration background [8]
Volatus Aerospace Closes $26,391,500 Bought Deal Public Offering and Non-Brokered Private Placement
Globenewswire· 2025-11-26 13:46
Core Points - Volatus Aerospace Inc. has completed a bought deal public offering and a non-brokered private placement, raising a total of $26,391,500 [1][2] - The public offering involved the sale of 38,352,500 common shares at a price of $0.60 per share, including 5,002,500 shares from the full exercise of the over-allotment option [1] - The private placement included the sale of 5,633,333 common shares at the same price to international strategic investors [2] Financial Details - The underwriters received a cash commission of 6.0% on the gross proceeds from the public offering, along with an advisory fee of $22,374 [3] - The company paid finder's fees totaling $120,000 related to the private placement [3] Use of Proceeds - The net proceeds from both the public offering and private placement will be allocated for the development of the Mirabel Manufacturing Hub, R&D in drone technologies for the defense sector, potential acquisitions, capital expenditures, and general corporate purposes [4]
Cosa Announces Upsized C$7.5 Million Private Placement
Globenewswire· 2025-11-14 18:23
Core Viewpoint - Cosa Resources Corp. has announced an increase in the size of its private placement offering, aiming to raise up to approximately C$7,500,000 through the sale of various types of units and shares [1][4]. Group 1: Offering Details - The offering includes up to 11,538,462 hard dollar units at C$0.26 per unit, up to 7,537,690 charity flow-through units at C$0.398 per unit, and up to 5,000,000 flow-through common shares at C$0.30 per share [1]. - Each unit consists of one common share and one-half of a common share purchase warrant, while each charity flow-through unit consists of one flow-through share and one-half of a warrant [2]. - The total gross proceeds from the offering are expected to be used for exploration and working capital, with specific allocations for Canadian exploration expenses related to uranium projects in the Athabasca Basin [4]. Group 2: Regulatory and Financial Aspects - The offering will be conducted under exemptions from registration requirements in Canada and the United States, with a hold period of four months plus one day for the issued shares [5][8]. - A cash commission of 5.0% will be paid to agents on the gross proceeds, with a reduced commission of 3.0% for certain purchasers on a president's list [7]. Group 3: Company Background and Strategic Initiatives - Cosa Resources is a Canadian uranium exploration company with a portfolio of approximately 237,000 hectares in the Athabasca Basin, focusing on underexplored projects [10]. - The company has a strategic collaboration with Denison Mines, enhancing its access to additional uranium exploration projects [11]. - Cosa's management team has a proven track record in uranium exploration, having received awards for significant discoveries in the region [12].
Galantas Gold Announces Acquisition of RDL Mining Corp. with Option to Develop Indiana Gold-Copper Project in Chile and Brokered Private Placement to Raise up to $7 million
Globenewswire· 2025-11-13 21:53
Core Viewpoint - Galantas Gold Corporation has entered into a share purchase agreement to acquire RDL Mining Corp, aiming to advance the Indiana gold-copper project in Chile, which RDL holds an option to acquire 100% interest from Minería Activa SpA [1][2] Company Overview - Galantas Gold Corporation trades on the TSX Venture Exchange and the London Stock Exchange AIM market under the symbol GAL, and on the OTCQB Exchange as GALKF [36] - The company's strategy focuses on expanding gold production and resources at the Omagh Project in Northern Ireland and exploring the Gairloch Project in Scotland [36] Transaction Details - The acquisition will involve Galantas issuing approximately 132 million shares to RDL shareholders, representing 49.99% of the outstanding shares post-transaction [8][10] - RDL shareholders will also receive a 0.66% net smelter returns royalty, totaling approximately 2% for the Indiana Project [8] - The transaction is subject to approval from the TSX Venture Exchange and other customary closing conditions [9][28] Indiana Project Insights - The Indiana Project is located in a prolific mining district in Chile, with a historical inferred mineral resource estimate of 607,000 ounces of gold equivalent, consisting of 3.09 million tonnes at an average grade of 2.8 g/t gold and 1.6% copper [4][6] - The project has significant exploration potential, with over 20 veins remaining untested and a commitment from RDL to spend a minimum of US$1 million annually on exploration during the option period [11][12] Management and Board Changes - Following the transaction, Lawrence Roulston will join the Galantas Board as a non-executive director, and Robert Sedgemore will become Senior Vice President, Operations [17][18] - Both Roulston and Sedgemore bring extensive mining experience, particularly in major Chilean mines [18][19] Concurrent Financing - Galantas plans to raise up to $7 million through a brokered private placement to fund exploration and option payments related to the Indiana Project [20][24] - Each unit in the financing will consist of one Galantas share and one purchase warrant, with the financing expected to close around December 4, 2025 [21][25] Shareholder Support - The Galantas Board has unanimously approved the transaction, and shareholders holding approximately 57% of the outstanding shares have expressed support for the transaction [29][30]
Midnight Sun Closes Oversubscribed C$30,475,575 "Bought Deal" LIFE Offering
Newsfile· 2025-10-28 12:46
Core Viewpoint - Midnight Sun Mining Corp. has successfully closed an upsized "bought deal" financing, raising gross proceeds of C$30,475,575, which includes the full exercise of the Underwriters' Option [1][2]. Financing Details - The Offering involved the issuance of 22,574,500 units at a price of C$1.35 per unit, conducted on a prospectus-exempt basis under the LIFE Exemption [2]. - The Offering was led by Haywood Securities Inc. as the lead underwriter, along with a syndicate of underwriters including Beacon Securities Limited, Red Cloud Securities Inc., and SCP Resource Finance LP [3]. - Each 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 C$2.00 until October 28, 2027 [4]. Use of Proceeds - The net proceeds from the Offering will be allocated towards advancing exploration projects in Zambia and for general working capital and corporate purposes [5]. Underwriter Compensation - The Company paid the Underwriters a cash commission of 6.0% of the gross proceeds and issued transferable compensation options equal to 6.0% of the total units sold [7]. Regulatory Approval - The Offering is subject to final approval from the TSX Venture Exchange [8]. Company Overview - Midnight Sun is focused on exploring its flagship Solwezi Project in Zambia, located in the Zambia-Congo Copperbelt, a major copper-producing region [10].
Generation Uranium Provides Clarification On Closing Of Second And Final Tranche Of Private Placement
Thenewswire· 2025-10-24 22:00
Core Points - Generation Uranium Inc. has clarified its previous announcement regarding the closing of the second and final tranche of its non-brokered private placement [1] - The total Offering raised aggregate gross proceeds of $687,500 by issuing 13,750,000 units at a price of $0.05 per unit [3] Offering Details - The first tranche included a finder's fee of $1,200 and 24,000 broker warrants paid to Haywood Securities Inc. [2] - For the second tranche, a finder's fee of $4,400 and 176,000 broker warrants were paid to Ventum Financial Corp. [2] - Each broker warrant is exercisable into one common share at a price of $0.10 per share, expiring two years from issuance [2] Use of Proceeds - Proceeds from the Offering will be allocated for general working capital and corporate purposes [4] Company Overview - Generation Uranium is a Canadian resource exploration company focused on uranium, advancing its 100% owned Yath uranium project located in Nunavut's Angilak district [5] - The company is positioned to contribute to the future supply of clean nuclear energy through its exploration targets and proven uranium-bearing corridors [5]