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Medaro Announces Closing of LIFE Private Placement Offering
TMX Newsfile· 2026-01-07 00:31
Core Viewpoint - Medaro Mining Corp. has successfully closed its LIFE private placement offering, raising approximately $523,990 through the issuance of 3,742,786 units at a price of $0.14 per unit [1]. Group 1: Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the holder to acquire one share at an exercise price of $0.17 for 24 months [2]. - The offering was conducted under the Listed Issuer Financing Exemption, meaning the units are not subject to a hold period under Canadian securities laws [3]. Group 2: Financial Transactions - The company paid a total of $2,940 in cash finder's fees and issued 21,000 finders warrants to Research Capital Corporation, and paid $3,430 in cash finder's fees and issued 24,500 finders warrants to Ventum Financial Corp [4]. - After settling a debt of $35,000 to Treewalk Ventures Inc. and paying finder's fees, the company received net proceeds of approximately $482,620.04, which will be used for exploration activities at its lithium properties and for general corporate purposes [5]. Group 3: Related Party Transactions - Treewalk Ventures, controlled by the company's CFO, participated in the offering by acquiring 250,000 shares, and the company used part of the proceeds to settle a debt with Treewalk [7]. - The company is relying on exemptions from formal valuation and minority approval requirements as the transaction does not exceed 25% of its market capitalization [7]. Group 4: Company Overview - Medaro Mining Corp. is a lithium exploration company based in Vancouver, BC, owning the James Bay Pontax Project and the CYR South lithium properties in Quebec [8].
Silver47 Announces $20 Million Bought Deal Public Offering of Units
TMX Newsfile· 2025-12-30 21:05
Core Viewpoint - Silver47 Exploration Corp. has announced a bought deal offering to raise $20,000,400 through the sale of 19,048,000 units at a price of $1.05 per unit, which will support its silver projects and general corporate purposes [1][3]. Group 1: Offering Details - The offering consists of units, each comprising one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at an exercise price of $1.40 for 36 months [2]. - The underwriters have an over-allotment option to increase the offering size by up to 15% of the total number of units issued, exercisable within 30 days following the closing [4]. - The expected closing date for the offering is around January 12, 2026, subject to regulatory approvals [5]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to accelerate and expand planned drill programs on the company's silver projects, as well as for working capital and general corporate purposes [3]. Group 3: Company Overview - Silver47 Exploration Corp. focuses on 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 [8]. - The company operates in key mining jurisdictions in Alaska, Nevada, and New Mexico, aiming to become a leading high-grade silver developer [8].
Aftermath Closes $20 Million Financing, with Participation by Eric Sprott
TMX Newsfile· 2025-12-23 15:58
Core Viewpoint - Aftermath Silver Ltd. has successfully closed a brokered private placement, raising gross proceeds of $20,000,025 through the issuance of 22,222,250 common shares, aimed at funding exploration and development projects, particularly the Berenguela Silver-Copper-Manganese project in Peru [1][3]. Group 1: Offering Details - The private placement was completed under the Listed Issuer Financing Exemption, allowing the shares to be sold without resale restrictions under Canadian securities laws [2]. - A related party acquired 9,900,000 shares in the offering, which is classified as a related party transaction, exempt from certain valuation and minority shareholder approval requirements due to the fair market value being below 25% of the company's market capitalization [4]. - The company paid approximately $1,200,000 in cash commissions to the agents involved in the offering, which is subject to final approval from the TSX Venture Exchange [5]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to further exploration and development of the Berenguela Project, completion of a pre-feasibility study, exploration of other mineral projects, and general corporate purposes [3]. Group 3: Company Overview - Aftermath Silver Ltd. is a Canadian junior exploration company focused on silver and critical metals, aiming to create shareholder value through the discovery and development of quality projects in stable jurisdictions [7].
Nord Precious Metals Closes First Tranche of Critical Mineral Flow-Through Unit Non-Brokered Private Placement
Thenewswire· 2025-12-19 22:50
Core Viewpoint - Nord Precious Metals Mining Inc. has successfully closed the first tranche of a non-brokered flow-through unit private placement financing, raising gross proceeds of $2,206,500 by issuing 8,826,000 units at a price of $0.25 per unit, with plans to issue an additional 7,174,000 units for up to $1,793,500 before the end of 2025, pending final acceptance from the TSX Venture Exchange [1][7]. Financing Details - Each flow-through unit consists of one common share and one half of a share purchase warrant, with each whole warrant allowing the purchase of an additional share at $0.28 for two years from closing [2]. - An acceleration clause in the warrants allows for early expiration if the daily volume weighted average trading price exceeds $0.36 for ten consecutive trading days [3]. - The company will pay an engagement fee of $25,000 and issue 100,000 common shares to Research Capital Corporation as part of the financing arrangement [4]. - The company will also issue non-transferable warrants to the finder, allowing the purchase of up to 706,080 common shares at $0.25 per share, along with a cash payment of $202,770 [5]. Use of Proceeds - The gross proceeds from the private placement will be allocated for exploration on the Castle East Project, qualifying as "flow-through critical mineral mining expenditures" under Canadian tax law [7]. Company Overview - Nord Precious Metals Mining Inc. operates the only permitted high-grade milling facility in Ontario's historic Cobalt Camp, focusing on high-grade silver and strategic metals recovery [9]. - The company's flagship Castle property includes 63 square kilometers of exploration ground and has delineated 7.56 million ounces of silver in inferred resources, averaging 8,582 g/t Ag [9]. - The company employs an integrated processing strategy that enhances the recovery of multiple metals, including cobalt and nickel, to meet the growing demand for battery materials [10]. - Nord maintains a strategic portfolio of battery metals properties, including a 35% ownership in Coniagas Battery Metals Inc. and the St. Denis-Sangster lithium project [11].
Tudor Gold Announces Closing of $11.5 Million Brokered LIFE Offering, with Participation by Eric Sprott
TMX Newsfile· 2025-12-15 15:45
Core Viewpoint - Tudor Gold Corp. has successfully closed a private placement offering, raising a total of $11.5 million through the sale of 14,375,000 units at a price of $0.80 per unit, including the full exercise of the over-allotment option [1]. Group 1: Offering Details - 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 an exercise price of $1.20 for 24 months [2]. - The offering was completed under the Listed Issuer Financing Exemption, allowing the units to be free-trading upon closing under Canadian securities laws [3]. - The net proceeds from the offering will be allocated for working capital and general corporate purposes [3]. Group 2: Related Party Transactions - A related party acquired 2,500,000 common shares and 1,250,000 warrants as part of the offering, which is classified as a related party transaction [4]. - The company relied on exemptions from valuation and minority shareholder approval requirements, as the fair market value of the securities issued does not exceed 25% of the company's market capitalization [4]. Group 3: Agent Compensation - The company paid approximately $690,000 in cash commissions to the agents and issued 750,000 non-transferable broker warrants, each allowing the purchase of one common share at an exercise price of $1.20 for 24 months [5]. - The offering is subject to final approval from the TSX Venture Exchange [5]. Group 4: Company Overview - Tudor Gold is engaged in the exploration and development of precious and base metals, with claims in British Columbia's Golden Triangle, an area known for its mining potential [7].
Stillwater Critical Minerals Announces Upsize of Bought Deal LIFE Private Placement for Gross Proceeds of C$15 Million
Accessnewswire· 2025-12-15 15:35
Core Viewpoint - Stillwater Critical Minerals Corp. has successfully increased its "bought deal" private placement from gross proceeds of C$10,000,400 to C$15,000,140 due to strong investor demand [1] Group 1: Offering Details - The upsized offering will consist of 32,609,000 units priced at C$0.46 per unit, with each unit comprising one common share and one-half of a common share purchase warrant [1][2] - Each warrant allows the holder to purchase one common share at a price of C$0.64 within 36 months following the closing date [2] - The underwriters have an option to purchase an additional 4,348,000 units for up to C$2,000,080 in gross proceeds [3] Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for the exploration and advancement of the Stillwater West Ni-PGE-Cu-Co+Au project in Montana, as well as for general corporate purposes and working capital [4] Group 3: Regulatory and Closing Information - The offering is subject to regulatory approvals, including the approval of the TSX Venture Exchange, and is scheduled to close on or about December 30, 2025 [7]
Stillwater Critical Minerals Announces Bought Deal LIFE Private Placement for Gross Proceeds of C$10 Million
Accessnewswire· 2025-12-15 12:15
Core Viewpoint - Stillwater Critical Minerals Corp. has announced a private placement agreement with Red Cloud Securities Inc. and Research Capital Corporation to raise gross proceeds of C$10,000,400 through the sale of 21,740,000 units at a price of C$0.46 per unit [1] Group 1: Financial Details - The offering consists of 21,740,000 units priced at C$0.46 each, resulting in total gross proceeds of C$10,000,400 [1] - Each unit includes one common share and one-half of a common share purchase warrant [1]
CORRECTION FROM SOURCE: Tudor Gold Announces $10 Million Brokered LIFE Offering
Newsfile· 2025-12-02 17:55
Core Viewpoint - Tudor Gold Corp. has announced a private placement offering of units priced at $0.80 per unit, aiming to raise up to $10 million in gross proceeds [1] Group 1: Offering Details - The offering consists of units that include one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at an exercise price of $1.20 for 24 months [2] - The company has granted the agents an option to increase the offering size by up to 15% of the number of units sold [3] - The net proceeds from the offering will be allocated for working capital and general corporate purposes [3] Group 2: Regulatory and Trading Information - The units will be offered under the listed issuer financing exemption, making them immediately "free-trading" upon closing under applicable Canadian securities laws [4] - The closing of the offering is expected around the week of December 15, 2025, subject to necessary regulatory approvals [6] Group 3: Agent Compensation - The agents will receive a cash commission of 6.0% of the aggregate gross proceeds and broker warrants equal to 6.0% of the units sold, with each broker warrant allowing the purchase of one common share at an exercise price of $1.20 for 24 months [7] Group 4: Company Overview - Tudor Gold Corp. is engaged in the exploration and development of precious and base metals, with significant claims in British Columbia's Golden Triangle, including the Treaty Creek Project [9]
Nord Precious Metals Closes Fully Subscribed Non-Brokered LIFE Financing and Concurrent Non-Brokered Private Placement Raising an Aggregate of $4,000,000
Newsfile· 2025-10-17 11:30
Core Viewpoint - Nord Precious Metals Mining Inc. has successfully closed its Listed Issuer Financing Exemption (LIFE) Offering and a concurrent non-brokered private placement, raising a total of $4,000,000, pending final acceptance from the TSX Venture Exchange [1][2]. Financing Details - The LIFE Offering raised $1,566,724 through the issuance of 13,056,041 units at a price of $0.12 per share [2]. - The non-brokered private placement generated $2,433,275 by issuing 20,277,292 units at the same price of $0.12 per share [2]. - Each unit from both offerings consists of one common share and one common share purchase warrant, with the warrants exercisable at $0.155 for five years [3]. Regulatory Compliance - The units from the non-brokered private placement are subject to a hold period of four months and a day in accordance with Canadian securities laws [4]. - Research Capital Corporation, the exclusive finder for the financings, received $226,256 in cash and 1,885,467 finder warrants, also subject to a four-month hold period [5][6]. Company Objectives - The primary business objective for the next 12 months is to increase the silver resource at the Castle East property and explore the economics of tailings processing and metal recovery [7]. - The net proceeds from the offering will be used for tailings recovery testing, pilot scale testing of the Re-2Ox process, diamond drilling on the Castle East Property, and general working capital [8]. Insider Participation - Insiders purchased a total of 1,533,333 units under the private placement, which is classified as a related party transaction [9]. Offering Structure - The units were offered under the Listed Issuer Financing Exemption and will be free-trading under applicable Canadian securities laws, with specific restrictions for U.S. subscribers [10]. Company Overview - Nord Precious Metals Mining Inc. operates a high-grade milling facility in Ontario's Cobalt Camp and focuses on integrating silver discovery with strategic metals recovery [11]. - The Castle property has delineated 7.56 million ounces of silver in inferred resources, averaging 8,582 g/t Ag [12]. - The company's multi-metal processing strategy supports the extraction of critical minerals, including cobalt and nickel, leveraging established infrastructure [13].
Magma Silver Announces Upsize of Private Placement to $5 Million
Newsfile· 2025-10-08 22:43
Core Viewpoint - Magma Silver Corp. has increased its non-brokered private placement from $4 million to $5 million due to strong investor demand, with the offering consisting of up to 33,333,334 units priced at $0.15 each [1][2]. Group 1: Offering Details - The offering will include units comprising one common share and one-half of a common share purchase warrant, with each whole warrant exercisable at $0.25 for 36 months post-closing [2]. - The anticipated closing date for the offering is around October 22, 2025, subject to regulatory approvals [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for exploration at the Niñobamba silver-gold project in Peru, as well as for working capital and general corporate purposes [2]. Group 3: Company Overview - Magma Silver Corp. focuses on acquiring, exploring, developing, and operating precious metal mining projects, with a primary emphasis on the Niñobamba project, which spans an 8 km mineralized corridor in a high-sulphidation epithermal system [6]. - The company has invested over C$14.5 million in the Niñobamba project to date, leveraging modern geological modeling and a strategic development plan [6].