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Carlyle Commodities Announces Second Increase of Private Placement to $4,150,000 in Connection with Proposed Transaction with Silver Pony Resources
TMX Newsfile· 2026-02-03 20:25
Core Viewpoint - Carlyle Commodities Corp. has successfully upsized its non-brokered private placement by an additional $400,000, bringing the total gross proceeds to $4,150,000 due to strong investor demand [1][2]. Group 1: Private Placement Details - The additional third tranche of the private placement is expected to generate approximately $400,000, subject to customary closing conditions and regulatory approvals [2]. - The private placement involves the issuance of subscription receipts at a price of $0.01 per receipt, which will convert into units upon satisfaction of the closing conditions [3]. - Each unit consists of one common share and one-half of a common share purchase warrant, with the warrant allowing the purchase of an additional share at an exercise price of $0.015 for 18 months [3]. Group 2: Use of Proceeds - The net proceeds from the private placement will be held in escrow and are intended for exploration work on the Silver Pony Resources Trout Lake Projects and general working capital [5]. - If the escrow release condition is not met within 180 days, the net proceeds will be returned to subscribers [5]. Group 3: Company Overview - Carlyle is a mineral exploration company focused on acquiring, exploring, and developing mineral resource properties, including the Quesnel Gold Project and the Nicola East Mining Project [8].
Nio Strategic Metals Announces Updates on Its Non-Brokered Private Placement
TMX Newsfile· 2026-02-03 13:30
Core Viewpoint - Nio Strategic Metals Inc. is conducting a non-brokered private placement to raise funds for its operations, with strong demand leading to an expected oversubscription of shares [1][3]. Group 1: Private Placement Details - The company announced a proposed private placement of up to 27,002,255 common shares at a price of $0.155 per share, aiming for gross proceeds of up to $4,185,350 [2]. - Due to high demand, the company anticipates issuing an additional 5,255,810 common shares, potentially raising total gross proceeds to $5,000,000 by issuing up to 32,258,065 common shares [3]. - The closing of the transaction is expected in February 2026, subject to customary closing conditions, and the shares will be subject to a four-month hold period [4]. Group 2: Company Overview - Nio Strategic Metals is focused on becoming a ferroniobium producer and holds niobium properties in Oka and near Mont-Laurier, as well as another exploration property in Quebec [7].
Pinnacle Closes Second and Final Tranche of Private Placement
Thenewswire· 2026-02-02 20:35
Core Viewpoint - Pinnacle Silver and Gold Corp. has successfully completed a second and final tranche of a non-brokered private placement, raising a total of $2,595,713 to advance its El Potrero gold-silver project in Mexico and for general working capital [1][2]. Group 1: Private Placement Details - The second tranche involved the issuance of 10,915,492 units at a price of $0.14 per unit, generating gross proceeds of $1,528,169 [1]. - The total offering consisted of 18,540,663 units, with each unit comprising one common share and one-half share purchase warrant, with warrants convertible at $0.20 for 24 months [1]. - Finders' fees for the second tranche included $29,095.92 in cash and 207,828 non-transferable finder's warrants, totaling $32,035.92 [2]. Group 2: Insider Participation - Insiders subscribed for 335,714 units, contributing gross proceeds of $46,999.96, which is classified as a related-party transaction [3]. - The company is exempt from formal evaluation or minority shareholder approval due to the transaction's size relative to its market capitalization [3]. Group 3: Project Overview - The El Potrero project is located in the Sierra Madre Occidental region of Mexico, near several operating mines, indicating a favorable mining environment [5]. - The project features high-grade gold-silver mineralization within a low sulphidation epithermal breccia vein system, with significant exploration potential due to a lack of modern systematic exploration [6]. - A previously operational 100 tpd plant can be refurbished for near-term production, with the property being road accessible and close to power infrastructure [7]. Group 4: Company Strategy - Pinnacle will earn an initial 50% interest upon commencing production, aiming to generate cash flow to further develop the project and increase ownership to 100% [8]. - The company focuses on developing precious metals projects in the Americas, with a commitment to building long-term sustainable value for shareholders [9][10].
Winshear Gold Announces $2,500,000 Private Placement
Globenewswire· 2026-02-02 12:30
Core Viewpoint - Winshear Gold Corp. is conducting a non-brokered private placement to raise $2,500,000 for its Portsoy project and general working capital [2][3]. Group 1: Private Placement Details - The company is offering 25,000,000 Units at a price of $0.10 per Unit, with each Unit consisting of one common share and one half of a common share purchase warrant [2]. - Each full warrant allows the holder to purchase one common share at a price of $0.20 for a period of 36 months from the closing date [2]. - Finder's fees of up to 6% cash and a 6% warrant will be paid, with terms similar to the Unit warrants [2]. Group 2: Use of Proceeds - Proceeds from the private placement will be allocated to a drill program at the Portsoy project in Scotland and for general working capital [3]. Group 3: Regulatory and Compliance Information - The completion of the private placement is subject to approval from the TSX Venture Exchange [3]. - All securities issued will be subject to a hold period of four months and one day from the date of issuance [3]. Group 4: Company Overview - Winshear Gold Corp. is a Canadian-based minerals exploration company with projects in Scotland (Portsoy Project) and Ontario (Thunder Bay Project) [4].
Adamera Closes $1,001,000 Hard Dollar Private Placement
Thenewswire· 2026-01-30 22:30
Core Viewpoint - Adamera Minerals Corp. has successfully closed the hard dollar portion of its private placement, raising a total of $1,001,000 from the sale of Units, in addition to $253,500 raised in a previous flow-through financing [1][2]. Financing Details - The Company raised $1,001,000 by selling 18,200,000 Units at a price of $0.055 per Unit, with each Unit consisting of one common share and one common share purchase warrant [2]. - Each warrant is exercisable at a price of $0.12 for three years, with an accelerated expiry provision if the market price exceeds $0.16 for 10 consecutive trading days [2]. Securities and Regulations - All securities are subject to a four-month hold, expiring on May 31, 2026, and no finder's fee was paid for this financing [3]. - Two directors of the Company acquired a total of 742,013 Units, which is classified as a related party transaction under TSX Venture Exchange Policy 5.9 and MI 61-101 [4]. Company Overview - Adamera Minerals Corp. focuses on exploring high-grade gold, silver, and copper deposits in Washington State and British Columbia, holding numerous drill-ready targets in areas with past producing mines [5].
Granada Gold Mine Announces $2.5 Million Private Placement
Thenewswire· 2026-01-30 22:00
 Rouyn Noranda, Q.C., January 30, 2026 – TheNewswire - Granada Gold Mine Inc. (TSXV: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the "Company" or "Granada") is pleased to announce a non-brokered private placement offering raising gross proceeds of  up to $2.500,000 through the issuance of up to 50,000,000 units (the "Units") at a price of $0.05 per Unit (the "Offering"). Each Unit is comprised of one common share of the Company (each, a "Common Share") and one Common Share purchase warrant ( the "Warrants") of the ...
Adoption of Omnibus Incentive Plan & Private Placement Update
TMX Newsfile· 2026-01-30 21:39
Core Viewpoint - iMetal Resources Inc. has successfully adopted a new omnibus incentive plan approved by shareholders, which includes the grant of stock options and other equity-based incentives [1] Group 1: Incentive Plan Details - The new omnibus incentive plan reserves up to 10% of the outstanding common share capital for the grant of stock options [1] - An additional 1,007,465 shares are reserved for the grant of restricted share units and deferred share units [1] - Shareholders approved the plan during the annual general and special meeting held on August 7, 2025 [1] Group 2: Private Placement Update - The company corrected the number of units issued in its $0.13 flow-through unit private placement, reporting a total of 4,164,623 units for gross proceeds of $541,400.99 [2] - All other terms of the private placement remain unchanged from the previous announcement [2] Group 3: Company Overview - iMetal Resources Inc. is a Canadian junior exploration company focused on resource properties in Ontario and Quebec [3] - The flagship property, Gowganda West, is an exploration-stage gold project with a recent discovery of 48.5 meters at 0.85 g/t gold [3] - The Ghost Mountain property is located near Agnico Eagle's Holt and Holloway Mine, while the Carheil project has multi-metal potential and previous graphite results [3]
Asante Gold Closes Previously Announced Non-Brokered Private Placement
Globenewswire· 2026-01-30 15:00
Not for distribution to United States news wire services or for dissemination in the United States VANCOUVER, British Columbia, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Asante Gold Corporation (TSX-V: ASE | GSE: ASG | OTCQX: ASGOF) ("Asante" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement of common shares of the Company ("Common Shares") pursuant to which the Company issued 8,625,000 Common Shares at a price of C$1.60 per Common Share for aggregat ...
Sierra Madre Announces Closing of Second Tranche of its $57.5 Million Offering
TMX Newsfile· 2026-01-30 14:51
Core Viewpoint - Sierra Madre Gold and Silver Ltd. has successfully closed the second tranche of its brokered private placement, raising a total of $57,500,690 through the issuance of Subscription Receipts, which will be used to fund the acquisition of the Del Toro Silver Mine and for general working capital purposes [1][2][5]. Group 1: Offering Details - The second tranche involved the issuance of 13,709,576 Subscription Receipts at a price of $1.30 each, generating gross proceeds of $17,822,449 [1]. - Combined with the first tranche, the total number of Subscription Receipts issued is 44,231,300, resulting in total gross proceeds of $57,500,690 [1]. - The Offering was facilitated by Beacon Securities Limited as the lead agent, along with other agents including Canaccord Genuity Corp., BMO Capital Markets, and VSA Capital Limited [1]. Group 2: Transaction and Use of Proceeds - The proceeds from the Offering will primarily be used to finance the acquisition of the Del Toro Silver Mine from First Majestic Silver Corp. [2][5]. - The net proceeds will also support exploration and development activities at Del Toro and provide general working capital for the company [5]. Group 3: Escrow and Conditions - The gross proceeds from the second tranche, amounting to $17,569,531, have been placed into escrow, subject to the satisfaction of certain escrow release conditions [4]. - If the escrow release conditions are met by May 14, 2026, the remaining 50% of the Agents' Fees will be released to the agents, and the balance will be available to the company [4]. - Should the conditions not be satisfied, the escrowed proceeds will be returned to the holders of the Subscription Receipts [4]. Group 4: Fees and Compensation - The company paid the agents a cash commission and corporate finance fee of $452,072, with half of this amount placed into escrow [6]. - Additionally, the agents received 346,479 compensation options, allowing them to purchase common shares at the issue price within 24 months [6]. Group 5: Regulatory and Legal Considerations - The securities issued in connection with the second tranche are subject to a four-month hold period and require final approval from the TSX Venture Exchange [7]. - The securities have not been registered under U.S. securities laws and cannot be offered or sold in the United States unless registered or exempt [8].
CanCambria Energy Announces Second Upsize and Closing of Non-Brokered Private Placement for Gross Proceeds of $3,275,350
TMX Newsfile· 2026-01-30 00:21
Core Viewpoint - CanCambria Energy Corp. successfully closed a second upsize of its non-brokered private placement, raising gross proceeds of CAD $3,275,350 through the sale of 8,188,375 units at a price of $0.40 per unit [1] Group 1: Offering Details - Each unit consists of one common share and one share purchase warrant, with the warrant allowing the holder to acquire an additional common share at an exercise price of $0.50 for three years [1] - The offering included participation from management and key associates, who purchased shares representing approximately 5% of the units offered [3] - The company paid a cash finder's fee of $156,924 and issued 392,310 non-transferable finder's warrants, which are on the same terms as the warrants [3] Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to fund the procurement of long-lead items for the 2026 drilling program, ongoing technical resource evaluation of the Kiskunhalas Concession Area, support for the Joint Venture process for the BA-IX tight-gas field, and general corporate purposes [2] Group 3: Company Background - CanCambria Energy Corp. is a Canadian-based exploration and production company specializing in tight gas development, focusing on high-quality, de-risked projects with access to profitable markets [8] - The company aims to commercialize its flagship asset, the 100% owned Kiskunhalas Project in southern Hungary, which is a significant gas-condensate resource in Europe [9]