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First Phosphate Closes Follow-on Tranche of Oversubscribed Private Placement
Newsfile· 2025-11-24 12:11
THIS NEWS RELEASE IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATESSaguenay, Quebec--(Newsfile Corp. - November 24, 2025) - First Phosphate Corp. (CSE: PHOS) (OTCQX: FRSPF) (FSE: KD0) ("First Phosphate" or the "Company") is pleased to announce that, on November 21, 2025, it closed a subsequent tranche of its non-brokered private placement financing (the "Offering"), as further described in the Company's news releases dated November 7, 2025 and November 17, 2025.In aggregate, under both tranches of the Offe ...
NevGold Announces Closing of C$10M Brokered Private Placement Financing
Globenewswire· 2025-11-19 17:11
NOT FOR DISTRIBUTION TO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES Vancouver, British Columbia, Nov. 19, 2025 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that it has closed its previously-announced brokered private placement financing of units (the “Units”) for gross proceeds of $10,000,000 (the “Offering”). Each Unit, priced at $0.65 per Unit (the “Issue Price”), consists of one common share in the capital of the C ...
Peloton Closes a Second Tranche of Financing Bringing the Total to $1,036,252.53
Thenewswire· 2025-11-17 14:00
Core Points - Peloton Minerals Corporation has successfully closed the second tranche of a non-brokered private placement financing, raising a total of $1,036,252.53, which is oversubscribed from the originally planned $630,000 [1][3] - The financing was priced at CDN$0.09 per unit, with each unit consisting of one common share and one common share purchase warrant exercisable for three years at $0.12 [1] - Proceeds from the private placement will be allocated for lithium exploration in northern Nevada and for working capital [1] Financing Details - The second tranche of the private placement raised $133,502.76 [1] - The private placement utilized certain prospectus exemptions, including the Existing Shareholder Exemption, allowing capital to be raised from existing shareholders [3] - The securities issued are subject to a hold period expiring four months and one day from the issuance date [4] Exploration Plans - Peloton will commence drilling at the North Elko Lithium Project (NELP) in northeastern Nevada this month [2] - Further announcements regarding the drilling program will be made after drilling begins [2] Company Overview - Peloton holds a 100% interest in the North Elko Lithium Project, which is prospective for lithium, uranium, and critical and rare earth minerals [6] - The company also has interests in gold projects and a non-controlling interest in a copper porphyry project near Butte, Montana [6] - Peloton is a reporting issuer in good standing in British Columbia and Ontario, with common shares listed on the CSE and trading on the OTC QB [5]
Lodestar Metals Closes Second Tranche of Financing
Newsfile· 2025-11-13 22:59
Core Points - Lodestar Metals Corp. has closed a second tranche of its non-brokered private placement financing, issuing 3,139,667 units at a price of $0.075 per unit, resulting in gross proceeds of $235,475 [1] - Each unit consists of one common share and one-half share purchase warrant, with the warrant allowing the purchase of an additional share at $0.12 for two years [2] - The proceeds from the offering will be allocated for exploration and drilling on the Goldrun Project in Nevada and for working capital [4] Summary by Sections Financing Details - The second tranche of the offering involved the issuance of 3,139,667 units at $0.075 per unit, generating gross proceeds of $235,475 [1] - Each unit includes one common share and one-half share purchase warrant, with the full warrant allowing the purchase of one additional share at $0.12 for two years [2] - The company has the right to accelerate the expiry date of the warrants if the share price meets certain conditions [2] Use of Proceeds - The funds raised will be used for exploration and drilling activities on the Goldrun Project in Nevada, as well as for general working capital [4] Company Overview - Lodestar Metals Corp. is a Canadian gold exploration company focused on the Goldrun Project, which is strategically located on a major gold trend in Nevada [6] - The company aims to build a compliant gold resource that provides lasting shareholder value through a disciplined approach to discovery [6]
Refined Energy Corp. Closes Private Placement for Gross Proceeds of C$2M
Globenewswire· 2025-11-07 22:01
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Refined Energy Corp. (CSE: RUU | OTC: RRUUF | FRA: CWA0) ("Refined” or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement financing (the “Private Placement”) for aggregate gross proceeds of $2,000,000. Pursuant to the Private Placement, the Company issued 10,000,000 units of the Company ...
OROCO CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT FINANCING
Globenewswire· 2025-11-06 12:00
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR U.S. DISSEMINATIONVANCOUVER, Canada, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSX-V: OCO, OTCQB: ORRCF) is pleased to announce the closing of an initial tranche of its non-brokered private placement announced September 24, 2025, realizing gross proceeds of US$1,530,999 through the sale of 7,654,995 units at the price of US$0.20 per unit. Each unit consists of one common share of the Company (each, a “Share”) and one-half of one Share Purc ...
Neotech Metals Announces Close of Private Placement
Newsfile· 2025-10-31 08:00
Financing Details - Neotech Metals Corp. closed a non-brokered private placement financing, issuing 9,258,414 critical minerals exploration tax credit flow-through units at a price of $0.35 per unit, resulting in gross proceeds of $3,240,445 [1] - The financing included the issuance of 285,000 units to an insider for gross proceeds of $99,750, which constituted a related party transaction [3] - Finder's fees of $57,304.96 were paid, and 163,728 non-transferable finder's warrants were issued, allowing the purchase of shares at $0.45 for two years [2] Use of Proceeds - The net proceeds from the sale of the CMETCFT Units will be allocated for qualified expenditures related to the company's mineral properties and for general working capital purposes [4] Company Overview - Neotech Metals Corp. is focused on discovering and developing valuable mineral resources, emphasizing environmental stewardship and sustainable practices [6] - The company has a diversified portfolio of Rare-Earth Element and Rare Metals projects, including the Hecla-Kilmer project and others located in British Columbia [7] Warrant Details - Each CMETCFT Unit consists of one common share and one-half of a share purchase warrant, with the warrants allowing purchase of one common share at $0.45 for two years [1] - The warrants have an acceleration provision if the closing price of the company's shares exceeds $0.75 for 20 consecutive trading days [4]
TSX-V: TT Closes Acquisition of High Lake and West Hawk Lake from McFarlane Lake Mining and Closing of Final Tranche of Non-Brokered Private Placement
Thenewswire· 2025-10-28 11:00
Core Viewpoint - Total Metals Corp. has successfully closed the acquisition of the High Lake and West Hawk Lake projects from McFarlane Lake Mining Corporation for CAD $9.25 million, which includes a historic mineral resource estimate of over 300,000 ounces of gold, indicating significant exploration potential and strategic advantages in processing and infrastructure [1][2][3]. Acquisition Details - The acquisition was completed for a total consideration of CAD $9.25 million, paid through the issuance of 3,333,333 common shares at a deemed price of CAD $0.60 per share [5]. - The projects are located in a mining-friendly jurisdiction with established infrastructure, which supports manageable costs and timelines for exploration and development [6]. - The High Lake project has a NI 43-101 compliant mineral resource with high grades and multiple high-grade drill intercepts, while West Hawk Lake has a history of underground development and recent drilling [3][6]. Financial Aspects - The company has closed a second tranche of a non-brokered private placement financing, raising a total of CAD $10 million, which will be allocated towards the acquisition, exploration activities, and working capital [9][11]. - Following the financing, Total Metals will have approximately CAD $10.4 million in available cash [11]. Strategic Implications - The acquisition is expected to enhance Total Metals' growth potential through exploration drilling and the possibility of toll-milling partnerships to process higher-grade ore, thus avoiding the need for costly on-site processing facilities [2][3]. - The proximity of the projects allows for shared infrastructure and centralized processing, which supports a scalable development pathway [3][6]. Regulatory Compliance - The company is required to file a technical report in compliance with National Instrument 43-101 within 45 days of the acquisition [7][8].
Consolidated Lithium Metals Announces $2,500,000 Private Placement Financing
Globenewswire· 2025-10-22 18:01
Core Viewpoint - Consolidated Lithium Metals Inc. is planning a non-brokered private placement financing to raise up to $2,500,000 through the issuance of units priced at $0.06 each, with each unit consisting of one common share and one warrant [1][2]. Group 1: Offering Details - The offering will consist of up to 41,666,666 units, with each warrant allowing the purchase of an additional common share at $0.10 for 24 months [1]. - The closing of the offering is expected around November 7, 2025, and all securities will be subject to a four-month hold period [2]. - Finder's fees may be paid to eligible finders, consisting of a cash commission of up to 7% of the gross proceeds and finder warrants equal to 7% of the units sold [2]. Group 2: Insider Participation - Senior management and certain board members may participate in the offering, which will be classified as a related party transaction [3]. Group 3: Company Overview - Consolidated Lithium Metals Inc. is a Canadian junior mining exploration company focused on critical mineral projects and supporting the energy transition [4].
Providence Gold Mines Inc. Receives Regulatory Approvals for Fundamental Transaction & The La Dama de Oro Gold Property NI 43-101 Report
Thenewswire· 2025-10-22 13:00
 VANCOUVER – October 22, 2025 – TheNewswire - Providence Gold Mines Inc. (“Providence” or the “Company”) is very pleased to announce that the Company has received TSXV Regulatory conditional approval for its Fundamental La Dama de Oro Reviewable Transaction, the La Dama de Oro NI 43 101 report can be reviewed on SEDAR. The consideration payable by the Company to the Optionor “Mohave Gold Mining and Exploration Inc”. a privately held company under the laws of Nevada duly operating in the State of California ...