Bought Deal Financing
Search documents
Axo Copper Announces Closing of $40,250,000 Bought Deal Financing Including Full Exercise of the Over-allotment Option
Globenewswire· 2026-02-19 15:48
Group 1 - Axo Copper Corp. has successfully closed an upsized bought deal offering, selling 57,500,000 units at a price of $0.70 per unit, resulting in gross proceeds of $40,250,000 [1] - 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 $1.00 for 18 months [1] - The proceeds from the offering will be used to advance the La Huerta Project and San Antonio Project, as well as for working capital and general corporate purposes [1] Group 2 - The offering was led by Desjardins Capital Markets and BMO Capital Markets, with a cash commission of 6.0% on the gross proceeds paid to the underwriters [2] - The company will issue 2,363,516 common shares to Osisko Development Corp. and 1,180,575 common shares to OR Royalties International Ltd. to maintain their respective ownership interests [3] - The offering was conducted in compliance with applicable securities laws in Canada, except Québec, and is subject to final acceptance by the TSX Venture Exchange [4] Group 3 - Axo Copper Corp. is engaged in the exploration and development of the La Huerta property in Jalisco, Mexico, and the San Antonio gold property in Sonora, Mexico [7]
Western Copper and Gold Announces Upsized C$80 Million Bought Deal Financing
Prnewswire· 2026-02-12 14:38
manner and on acceptable terms; and other risks and uncertainties disclosed in the Company's AIF and Form 40-F, including those under the heading "Risk Factors" and other information released by the Company and filed with the applicable regulatory agencies.The Company's forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made, and the Company does not assume, and expressly disclaims, any intention or obligation to update or revise any f ...
Western Copper and Gold Announces C$50 Million Bought Deal Financing
Prnewswire· 2026-02-11 21:33
Western Copper and Gold Announces C$50 Million Bought Deal Financing [Accessibility Statement] Skip NavigationVANCOUVER, BC, Feb. 11, 2026 /PRNewswire/ - Western Copper and Gold Corporation (TSX: WRN) (NYSE: WRN) (the "Company") is pleased to announce it has entered into an agreement with Stifel Canada, on its own behalf and on behalf of a syndicate of underwriters (the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 12,048,400 common shares of the Compan ...
INTEGRA CLOSES US$61 MILLION BOUGHT DEAL FINANCING
Prnewswire· 2026-02-09 13:54
Core Viewpoint - Integra Resources Corp. has successfully completed a bought deal public offering of 18,121,600 common shares at a price of US$3.40 per share, raising gross proceeds of US$61,613,440, which will be used to fund pre-production capital expenditures at the DeLamar Project [1][4]. Group 1: Offering Details - The offering was led by Canaccord Genuity Corp. and Stifel Nicolaus Canada Inc. as co-lead underwriters, with a syndicate that included ATB Capital Markets Corp., Desjardins Securities Inc., and Raymond James Ltd. [1] - The offering was conducted under a final prospectus supplement dated February 4, 2026, and is subject to final approval from the TSX Venture Exchange [2][3]. - A cash fee of 5% of the aggregate gross proceeds was paid to the underwriters, with a reduced fee of 2.5% for certain purchasers [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to fund pre-production capital expenditures at the DeLamar Project, including procurement work, early works, and land purchases [4]. Group 3: Company Insights - Integra is focused on demonstrating profitability and operational excellence at its Florida Canyon Mine in Nevada and advancing its development-stage projects, including the DeLamar Project in Idaho and the Nevada North Project [7]. - The company aims to create sustainable value through efficient project development, disciplined capital allocation, and adherence to high environmental, social, and governance standards [7]. Group 4: Management Commentary - The President and CEO of Integra highlighted that the oversubscribed financing positions the company to capitalize on a clear execution window following significant permitting milestones and the recent filing of the DeLamar Project Feasibility Study [5]. - The feasibility study outlines early works that can advance before a Record of Decision, enabling funding for low-risk activities that shorten the development timeline and reduce execution risk [5].
Kingfisher Metals Increases Previously Announced Bought Deal Financing to C$25 Million
Globenewswire· 2026-02-06 14:22
Core Viewpoint - Kingfisher Metals Corp. has announced an increase in the size of its bought deal offering to approximately C$25 million due to strong demand for its shares [1][2]. Group 1: Offering Details - The offering includes 5,300,000 non-critical charity flow-through common shares at C$0.94 each, 14,500,000 critical charity flow-through common shares at C$1.04 each, and 7,600,000 hard dollar common shares at C$0.65 each [1]. - The total gross proceeds from the offering are expected to be around C$25 million, with an option for underwriters to purchase an additional C$5 million [1][2]. Group 2: Use of Proceeds - Proceeds from the non-critical and critical charity flow-through shares will be used for qualifying expenditures, specifically Canadian exploration expenses and flow-through critical mineral mining expenditures [3][4]. - The net proceeds from the hard dollar shares will be allocated for exploration of the company's properties and general corporate purposes [3]. Group 3: Company Overview - Kingfisher Metals Corp. is focused on copper-gold exploration in British Columbia's Golden Triangle and has consolidated a significant land position in the region [7]. - The company owns two district-scale orogenic gold projects totaling 641 km and has 91,872,852 shares outstanding [7].
Kingfisher Metals Announces C$20 Million Bought Deal Financing
Globenewswire· 2026-02-05 21:27
Not for distribution to U.S. news wire services or dissemination in the United States. VANCOUVER, British Columbia, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Kingfisher Metals Corp. (TSXV: KFR) (FSE: 970) (OTCQB: KGFMF) ("Kingfisher" or the "Company") has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, as sole bookrunner, under which the underwriters have agreed to purchase, on a bought deal basis, 5,300,000 non-critical charity flow-through commo ...
Integra Announces US$55 Million Bought Deal Financing
Globenewswire· 2026-02-04 22:07
Core Viewpoint - Integra Resources Corp. has announced a bought deal offering of 16,180,000 common shares at a price of US$3.40 per share, aiming to raise gross proceeds of US$55,012,000 to fund pre-production capital expenditures at the DeLamar Project [1][2] Group 1: Offering Details - The offering includes an over-allotment option for underwriters to purchase an additional 1,941,600 common shares, representing 12% of the initial offering [2] - The expected closing date for the offering is around February 9, 2026, pending customary closing conditions and necessary approvals [3] Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to pre-production capital expenditures at the DeLamar Project, which includes procurement work, early works, and land purchases [2] Group 3: Regulatory Filings - The company has filed a preliminary prospectus supplement and will file a final prospectus supplement related to the offering, which will be accessible through SEDAR+ and the SEC's website [4]
AXO Copper Corp. Announces $25M Bought Deal Financing of Units
Globenewswire· 2026-01-28 21:38
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES All monetary amounts are expressed in Canadian Dollars, unless otherwise indicated. HALIFAX, Nova Scotia, Jan. 28, 2026 (GLOBE NEWSWIRE) -- AXO Copper Corp. (TSXV: AXO) (the "Company" or "AXO Copper") is pleased to announce it has entered into an agreement with Desjardins Capital Markets and BMO Capital Markets, to act as co-lead underwriters and joint bookrunners (together with a syndicate of underwriters, the ...
NOVAGOLD Announces US$200 Million Bought Deal Financing
Globenewswire· 2026-01-22 21:19
Core Viewpoint - NOVAGOLD Resources Inc. has announced a private placement offering of 20 million common shares at a price of US$10.00 per share, aiming for gross proceeds of approximately US$200 million, with a cornerstone order of US$140 million from a European institution [1][2]. Group 1: Offering Details - The offering is structured as a bought deal with underwriters BMO Capital Markets, RBC Capital Markets, and Scotiabank [1]. - An over-allotment option allows underwriters to purchase an additional 15% of the shares, potentially increasing total gross proceeds to approximately US$230 million [1]. - The expected closing date for the offering is around February 5, 2026, pending necessary regulatory approvals [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to expenditures related to the Donlin Gold project, settlement of a promissory note with Barrick Mining Corporation, and general corporate purposes [2]. Group 3: Company Overview - NOVAGOLD is focused on the development of the Donlin Gold project in Alaska, which is recognized as one of the largest and highest-grade open-pit gold deposits globally, with approximately 40 million ounces of gold in Measured and Indicated Mineral Resource categories [6]. - The Donlin Gold project is projected to produce over one million ounces of gold annually over a 27-year mine life once in production [6].
Oroco Announces Bought Deal Financing Led by Canaccord Genuity
Globenewswire· 2026-01-07 12:04
Core Points - Oroco Resource Corp. has entered into an agreement with Canaccord Genuity Corp. for a bought deal offering of 39,474,000 units at C$0.38 per unit, aiming for gross proceeds of approximately C$15.0 million [1][2] - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at C$0.53 for 36 months [2] - The underwriters have an over-allotment option to purchase an additional 5,921,100 units, potentially increasing total gross proceeds to approximately C$17.25 million if fully exercised [3] Use of Proceeds - The net proceeds from the offering will be used to fund the commencement of Pre-Feasibility Study drilling at the Santo Tomás copper project, advance environmental and permitting work, and for general corporate working capital [5] Project Overview - The company holds an 85.5% interest in the Core Concessions of the Santo Tomás Project, covering 1,173 hectares, and an 80% interest in an additional 7,861 hectares, totaling 9,034 hectares [7] - The project is located in northwestern Mexico and has significant copper porphyry mineralization, with prior exploration conducted from 1968 to 1994 [7] - Oroco has conducted a drill program since 2021, totaling 48,481 meters drilled in 76 diamond drill holes [7][8] Logistics and Accessibility - The Santo Tomás Project is situated 170 km from the Pacific deep-water port at Topolobampo and is accessible via highway and rail [9]