Private Placement

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Beauce Gold Fields: Non-Brokered Private Placement Offering
Thenewswire· 2025-09-17 13:20
Core Viewpoint - Beauce Gold Fields is initiating a non-brokered private placement to existing shareholders and accredited investors, aiming to capitalize on recent gold discoveries and updated exploration targets [1][2]. Group 1: Private Placement Details - The company is offering a minimum of 2,000,000 units and a maximum of 20,000,000 units at a price of $0.04 per unit, targeting gross proceeds of $80,000 to $800,000 [3]. - 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 $0.10 for 24 months post-closing [3][5]. - The placement is open to accredited investors and existing shareholders as of September 16, 2025, with a minimum subscription amount of $5,000 for existing shareholders [6][7]. Group 2: Use of Proceeds - Proceeds from the private placement will be allocated for general working capital and exploration of gold and phosphate properties [9]. - A maximum of 10% of the proceeds can be used for investor relations activities, and no proceeds will be allocated to non-arm's length parties or for payments related to investor relations [10]. Group 3: Company Background - Beauce Gold Fields focuses on exploring and developing the largest placer gold district in eastern North America, with the flagship property being the Saint-Simon-les-Mines gold project [13]. - The company aims to trace historical placer gold workings back to their bedrock source to uncover economic lode gold deposits, leveraging geological models that suggest significant gold formation in the region [13].
Northern Lights Completes $400,000 Private Placement
Thenewswire· 2025-09-17 11:00
Not for distribution to United States Newswire Services or for dissemination in the United States Vancouver, British Columbia – TheNewswire - -(September 17, 2025) – Northern Lights Resources Corp. (“Northern Lights” or the “Company”) (CSE: NLR) (OTC: NLRCF), announces that it has completed a non-brokered private placement to raise gross proceeds of C$400,000 consisting of 8,000,000 units (the "Units") offered at a price of $0.05 per Unit (the "Offering").Northern Lights CEO, Jason Bahnsen, commented "We a ...
Kobrea Announces $5 Million Best Efforts Private Placement of Units
Newsfile· 2025-09-17 11:00
Vancouver, British Columbia--(Newsfile Corp. - September 17, 2025) - Kobrea Exploration Corp. (CSE: KBX) (FSE: F3I) (OTCQB: KBXFF) ("Kobrea" or the "Company") is pleased to announce that it has entered into an agreement with Kernaghan & Partners Ltd. (the "Lead Agent") to act as lead agent and sole bookrunner, on its own behalf and on behalf of a syndicate of agents including Beacon Securities Limited and Red Cloud Securities Inc. (collectively, the "Agents"), pursuant to which the Agents have agreed to se ...
Lake Victoria Gold Announces Closing of Oversubscribed Non-Brokered LIFE Private Placement of Units for $6 Million and Upsize of Concurrent Private Placement to $2 Million
Newsfile· 2025-09-17 10:00
Core Viewpoint - Lake Victoria Gold Ltd. has successfully closed an oversubscribed non-brokered private placement, raising $6 million through the issuance of 34,285,715 units at a price of $0.175 per unit, with plans to use the proceeds for exploration and development of its gold projects [2][8]. Group 1: Private Placement Details - The LIFE Private Placement consists of units that include one common share and one-half of a common share purchase warrant, with each warrant exercisable at $0.27 for three years [3]. - The company has also upsized its concurrent private placement to $2 million, allowing for the issuance of up to 11,428,571 shares at the same price of $0.175 per share [6][7]. - The total gross proceeds from both private placements are intended for exploration and upkeep of the Tembo and Imwelo Gold Projects, as well as general working capital [8]. Group 2: Management Commentary - The President & CEO of Lake Victoria Gold emphasized that the financing reflects strong support for the company's strategy and assets, positioning it to advance projects and create value [4]. - The company is preparing to mobilize work crews and contractors to ensure quick project advancement following the capital raise [4]. Group 3: Finder's Fees and Warrants - In connection with the LIFE Private Placement, the company paid a total of $215,340.13 in cash finder's fees and issued 1,218,515 finder's warrants to various finders [5]. - Each finder's warrant is exercisable at $0.175 per share for three years, subject to TSXV approval [5]. Group 4: Insider Participation - It is anticipated that insiders will participate in the Concurrent Private Placement, which may be considered a related party transaction but will be exempt from certain formal requirements [9].
Why New Fortress Energy Shares Are Trading Higher By 41%; Here Are 20 Stocks Moving Premarket - Baidu (NASDAQ:BIDU), America Movil (NYSE:AMX)
Benzinga· 2025-09-17 09:15
Group 1 - New Fortress Energy Inc. shares rose 41% to $2.82 in pre-market trading after announcing a long-term gas supply agreement with the Puerto Rican government [1] - The agreement involves the long-term supply of liquefied natural gas to Puerto Rico, reached with the Third-Party Procurement Office and the Puerto Rico Public-Private Partnerships Authority [1] Group 2 - SciSparc Ltd. shares gained 186.2% to $5.27 following a court-granted stay in merger proceedings with AutoMax Motors Ltd. [5] - Educational Development Corporation shares increased by 47.8% to $2.02 after gaining 8% on the previous day [5] - Presidio Property Trust, Inc. shares rose 47.5% to $9.00 after an 8% gain on Tuesday [5] - Oruka Therapeutics, Inc. shares gained 18.6% to $17.68 after disclosing positive interim Phase 1 results and announcing a $180 million private placement [5] - Baidu Inc. shares rose 8.5% to $134.31 after an 8% increase on Tuesday [5] Group 3 - Kindly MD, Inc. shares fell 6.7% to $1.60 as the company will redeem $203 million convertible debenture with a 1.5% payment premium [5] - Co-Diagnostics, Inc. shares dipped 29.2% to $0.4501 after an 80% jump on Tuesday due to a memorandum of understanding with a partner in Saudi Arabia [5] - FGI Industries Ltd. shares declined 25.7% to $7.05 after a 139% increase on Tuesday [5] - Turbo Energy, S.A. shares fell 24.1% to $9.41 after surging 359% on Tuesday due to a $53 million contract for energy storage projects in Spain [5]
37 Capital Closes Second and Final Tranche of Private Placement
Newsfile· 2025-09-16 22:28
Core Points - 37 Capital Inc. has successfully closed the second and final tranche of its equity financing, raising total gross proceeds of $171,500 by issuing 2,450,000 units at a price of $0.07 per unit [1][2] - The total gross proceeds from the entire private placement amounted to $350,000 [1] - Each unit consists of one common share and one share purchase warrant, allowing the holder to acquire an additional common share at $0.10 for three years [1] Financing Details - The warrants include a forced exercise provision that allows for early exercise if the company's shares trade at $0.35 or higher for 10 consecutive trading days after six months from the issuance date [2] - Finder's fees of $1,575 were paid in cash, and 22,500 share purchase warrants were issued, exercisable at $0.10 per share for two years [2] - Proceeds from the financing will be utilized for general working capital purposes [3] Related Party Transactions - An insider of the company, along with a private company, acquired a total of 1,500,000 units, which is classified as a related party transaction [4] - The company is relying on exemptions from formal valuation and minority shareholder approval requirements under Multilateral Instrument 61-101 [4] Regulatory Information - All securities issued in connection with the second tranche are subject to a hold period of four months plus one day, expiring on January 16, 2026 [3] - The Canadian Securities Exchange has not reviewed or accepted responsibility for the adequacy or accuracy of the news release [4]
Adelayde Announces Update to Private Placement
Newsfile· 2025-09-16 21:08
Core Points - Adelayde Exploration Inc. announced an update to its private placement to fund a gold drill program in Esmeralda County, Nevada [1] - Each Unit in the private placement will consist of one common share and one-half of a transferable share purchase warrant, with the warrant allowing the purchase of an additional share at $0.075 for five years [1] - The net proceeds from the financing will be allocated to the company's general working capital [1] Company Overview - Adelayde Exploration Inc. holds three lithium projects in Clayton Valley, Nevada, including the McGee lithium clay deposit with a resource estimate of 2,092,000 tonnes of lithium carbonate equivalent [3] - The company also owns the Clayton Ridge gold project in Esmeralda County, Nevada, along with antimony and tungsten projects in New Brunswick [3]
PTX Metals Inc. Announces Private Placement Amendments
Newsfile· 2025-09-16 20:30
Core Viewpoint - PTX Metals Inc. is expanding its private placement offerings to raise up to $3,500,000 through a LIFE Offering and an additional $1,500,000 through a Non-LIFE Offering, aimed at funding corporate expenses and eligible exploration activities in Ontario [1][6][2]. Group 1: LIFE Offering Details - The LIFE Offering includes hard dollar units (HD Units) priced at $0.10 each and charity flow-through units (CFT Units) priced at $0.15 each, with a total target of $3,500,000 [1][7]. - Each Unit consists of one common share and one-half of a share purchase warrant, with the warrant exercisable at $0.16 for 36 months [1]. - The proceeds from the CFT Units will be allocated to Canadian exploration expenses related to the Company's projects, with expenditures to be incurred by December 31, 2026 [3]. Group 2: Non-LIFE Offering Details - The Non-LIFE Offering aims to raise up to $1,500,000 through flow-through units (FT Units) priced at $0.135 each and an additional $500,000 through CFT Units [6]. - FT Units will also consist of one common share and one-half of a warrant, with the CFT Units having identical terms to those in the LIFE Offering [6]. Group 3: Regulatory and Insider Participation - The offerings are being conducted under the Listed Issuer Financing Exemption, allowing for no hold period under Canadian securities laws [4]. - Insiders may participate in the offerings, which will be treated as related party transactions, exempting them from certain formal valuation and minority approval requirements [9]. Group 4: Closing and Additional Information - The closing of both offerings may occur in multiple tranches, with the final closing expected on September 26, 2025, subject to regulatory approvals [8]. - Eligible finders will receive a cash fee of 7% of the gross amount raised and finder warrants equal to 7% of the units issued [10].
Flux Power Closes $5 Million Private Placement of Prefunded Warrants and Common Warrants
Globenewswire· 2025-09-16 12:31
Core Viewpoint - Flux Power Holdings, Inc. has successfully entered into securities purchase agreements for the sale of Prefunded Warrants and Common Warrants, raising approximately $5.0 million for working capital and corporate purposes, demonstrating strong support from existing shareholders [1][3] Group 1: Securities Offering - The company sold a total of 258,144 Prefunded Warrants and 1,214,769 Common Warrants [1] - The Prefunded Warrants allow holders to purchase shares of Series A Convertible Preferred Stock at a price of $0.001 per share [2] - Each purchaser of Prefunded Warrants also received a Common Warrant to purchase additional shares equal to 50% of the shares issuable upon conversion of the Series A Preferred Stock [2] Group 2: Shareholder Support - The offering reflects strong backing from existing shareholders, who collectively own over 50% of the company's common stock [3] - The CEO emphasized that the transaction is expected to extend the company's cash runway and enhance its financial position for strategic initiatives [3] Group 3: Company Overview - Flux Power designs, manufactures, and sells advanced lithium-ion energy storage solutions for various industrial and commercial applications [4] - The company's products aim to provide better performance, lower ownership costs, and improved environmental sustainability compared to traditional solutions [4]
Bullion Gold Provides Updates on Its Bousquet, Langlade, and Bodo (Rivon Zone) Exploration Projects
Newsfile· 2025-09-16 12:15
Core Viewpoint - Bullion Gold Resources Corp. is making significant progress in its exploration programs at the Bousquet, Langlade, and Bodo projects in Quebec, with plans for initial drilling programs and positive geological findings [4][12]. Bousquet Project - The Bousquet project is located in the Bousquet-Cadillac mining camp, known for its gold production associated with the Cadillac-Larder Lake fault [5]. - The project features gold-bearing structures and is currently under an option agreement with Olympio Metals, which involves a cash and share payment of $1.25 million and $2 million in exploration expenditures for an 80% interest [5]. Langlade Project - The Langlade zone consists of 72 mining cells covering approximately 4,125 hectares and is identified as a polymetallic VMS (Cu-Zn-Ag) showing [6]. - The exploration program aims to define the lateral extensions of mineralization and confirm the potential for an economic deposit, with a 2,000-meter drilling program planned [7]. - Significant mineralization has been identified, including exceptional grades of up to 15.75% Cu, 384 g/t Ag, 6.85 g/t Au, and 1.21% Zn [7]. Bodo Project - The Bodo project encompasses 763 claims over an area of 410 km², situated in a structurally complex environment favorable for polymetallic systems [8]. - The Rivon zone within the Bodo project shows continuous gold and polymetallic shear zones, with permits obtained for drilling to assess mineralized structures [8]. Financial Activities - The company has closed a private placement, issuing 2,392,857 flow-through share units at $0.07 for gross proceeds of $167,500, and 2,000,000 share units at $0.05 for gross proceeds of $100,000 [9][10].