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Goldcliff Announces Closing of Fourth and Final Tranche of its LIFE Offering
Accessnewswire· 2025-12-04 19:30
Core Viewpoint - Goldcliff Resource Corporation has successfully closed its fourth and final tranche of a non-brokered private placement, raising a total of $427,400 through the issuance of non-flow through units and flow through shares [1][2]. Group 1: Private Placement Details - The fourth tranche involved the issuance of 240,000 non-flow through units (NFT Units) at a price of $0.06 per unit, generating proceeds of $14,400 [1][2]. - The total proceeds from all four tranches of the private placement included 240,000 NFT Units and 5,900,000 flow through shares (FT Shares), with the latter contributing $413,000 to the total [2]. - The private placement was conducted under the Listed Issuer Financing Exemption as per National Instrument 45-106 [2]. Group 2: Use of Proceeds - Proceeds from the NFT Units will be used to reimburse advances to an insider related to property payments for the Aurora West and Kettle Valley projects, as well as for general working capital [4]. - Funds raised from the FT Shares will be allocated to drilling at Kettle Valley and trenching and drill site preparation at the Ainsworth silver project, qualifying as Canadian exploration expenses [5]. Group 3: Warrant Details - Each NFT Unit consists of one common share and one half of a non-transferrable common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at an exercise price of $0.08 for 24 months [3]. Group 4: Regulatory and Compliance Information - No finder's fee was paid for the closing of the fourth tranche, and the closing is subject to final acceptance by the TSX Venture Exchange [6]. - The securities issued are not registered under the United States Securities Act of 1933 and cannot be offered or sold in the U.S. without registration or an exemption [6].
SPOD Lithium Announces Closing of Second Tranche of Private Placement
Newsfile· 2025-12-04 00:12
Core Points - SPOD Lithium Corp. completed the second tranche of its non-brokered private placement, raising gross proceeds of $88,000 from the sale of 4,400,000 units at a price of $0.02 per unit [1][2] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the holder to acquire an additional share at $0.05 within 24 months [2] - The company paid a cash commission of $3,200 to Raymond James Ltd. and issued 160,000 finder's warrants, representing 8% of the gross proceeds from purchasers introduced by Raymond James [3] Financial Details - The total gross proceeds from the offering amounted to $88,000, with each unit priced at $0.02 [1] - The cash commission paid to Raymond James was $3,200, and the finder's warrants issued were valued at 8% of the gross proceeds [3] Use of Proceeds - The net proceeds from the offering will be used for general working capital purposes [3] Regulatory Information - All securities issued will be subject to a statutory hold period of four months and one day, along with resale restrictions under CSE policies [4] - The securities have not been registered under the U.S. Securities Act and cannot be offered or sold in the United States without registration or exemption [5] Company Overview - SPOD Lithium Corp. is focused on exploring and developing lithium resources, with properties located in Quebec and Ontario, Canada [7] - The company emphasizes sustainable practices and innovation to deliver value for stakeholders [7]
Avrupa Minerals Announces $500,000 Private Placement
Thenewswire· 2025-12-03 21:30
Core Viewpoint - Avrupa Minerals Ltd. plans to raise $500,000 through a private placement to fund exploration projects in Finland, ongoing operations in Portugal, and for working capital [1][2]. Private Placement - The company intends to issue 10 million units at a price of $0.05 per unit, subject to TSX Venture Exchange approval [2]. - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional share at $0.075 for 36 months [3]. Use of Proceeds - Proceeds from the private placement will be allocated to drilling and exploration in Finland, ongoing operations in Portugal and Kosovo, and general corporate purposes [4]. Company Background - Avrupa Minerals is led by CEO Paul Kuhn and supported by Pacific Opportunity Capital Ltd., focusing on strong governance and efficient operations [5]. - The company has made two mineral discoveries in historic mining districts and is advancing projects in Kosovo and Portugal [6]. Industry Context - Portugal has a rich history of copper mining, particularly in the Iberian Pyrite Belt, which contains over 80 volcanogenic massive sulfide deposits [7]. - Avrupa holds a 100%-owned license in Portugal and is actively advancing multiple copper-zinc prospects in Finland through a partnership with Akkerman Exploration B.V. [8].
T2 Metals Increases Private Placement to $1.468 Million
Newsfile· 2025-12-03 13:00
Vancouver, British Columbia--(Newsfile Corp. - December 3, 2025) - T2 Metals Corp. (TSXV: TWO) (OTCQB: TWOSF) (WKN: A3DVMD) ("T2" or the "Company") is pleased to announce that due to strong demand, the Company has increased the non-flow-through portion of the non-brokered private placement (the "Financing"), announced on November 12, 2025, by up to $368,570. The Company now proposes to issue an aggregate of up to 4,562,567 hard dollar units (each a "HD Unit"), at a price of $0.30 per HD Unit, for gross pro ...
Brixton Metals Closes Tranche 1 Of Its Private Placement
Globenewswire· 2025-12-03 12:30
Core Viewpoint - Brixton Metals Corporation has successfully completed the first tranche of a non-brokered private placement, raising total gross proceeds of approximately $5.7 million [1][2]. Group 1: Offering Details - The Offering included 30,062,500 National Flow-Through Units at $0.08 each, 37,761,989 Critical Mineral Flow-Through Units at $0.085 each, and 1,192,857 Non Flow-Through Units at $0.07 each [2]. - The total gross proceeds from the Offering amounted to $5,698,269.06 [2]. Group 2: Unit Composition - Each type of unit (FT Units, CMFT Units, and NFT Units) consists of a share and a non-transferable warrant, allowing the purchase of an additional common share at $0.10 until December 2, 2028 [3]. Group 3: Use of Proceeds - Proceeds from FT Units will be allocated to Canadian exploration expenses and flow-through mining expenditures, primarily for drilling at the Thorn Copper-Gold Project and the Langis Silver-Cobalt Project [5]. - Gross proceeds from CMFT Units will be used for flow-through critical mineral mining expenditures as defined by Canadian tax law [5]. - Proceeds from NFT Units will be utilized for general corporate purposes [5]. Group 4: Insider Participation - An insider participated in the Offering, contributing $29,999.90, which is classified as a Related Party Transaction under TSX Venture Exchange Policy [4]. Group 5: Securities Regulations - Securities issued to subscribers of FT Units and CMFT Units will be subject to a hold period until April 3, 2026, in accordance with Canadian securities laws [6]. - NFT Units offered to Canadian residents are exempt from a hold period due to the Listed Issuer Financing Exemption [7]. Group 6: Finder's Fees - Finder's fees totaling $88,246.14 and 1,051,481 non-transferable warrants were paid to individuals who introduced subscribers to the Offering [8].
Osisko Metals Announces $32.5 Million Private Placement with Strategic Investors
Globenewswire· 2025-12-03 11:00
Core Viewpoint - Osisko Metals Incorporated is set to complete a non-brokered private placement of approximately 67,666,666 common shares at an offering price of $0.48 per share, aiming for gross proceeds of about $32,480,000 to advance its Gaspé Copper project [1][4]. Group 1: Private Placement Details - The private placement will include subscriptions from strategic investors, with the size depending on contractual participation rights granted to Glencore Canada Corporation [2]. - Hudbay Minerals is expected to acquire 29,166,666 common shares, representing approximately 4.3% of the issued shares, while Agnico Eagle Mines is expected to own 87,815,000 shares, equating to about 12.5% ownership [3]. - The net proceeds from the private placement will be utilized for advancing the Gaspé Copper project, including drilling, permitting, and technical studies [4]. Group 2: Strategic Partnerships and Shareholder Support - The participation of Hudbay Minerals as a significant shareholder is viewed as a positive endorsement of the Gaspé Copper project's potential [3]. - An investor rights agreement will be established between the company and Hudbay, granting Hudbay certain rights, including top-up rights and future participation in offerings [3]. Group 3: Company Overview and Project Focus - Osisko Metals is focused on the critical metals sector, particularly copper and zinc, and has a 100% interest in the Gaspé Copper project, which is the largest undeveloped copper resource in eastern North America [6][8]. - The Gaspé Copper project has current indicated mineral resources of 824 million tonnes at a grade of 0.34% CuEq and inferred resources of 670 million tonnes at 0.38% CuEq [6]. - The company is also advancing the Pine Point project, which has indicated mineral resources of 49.5 million tonnes at 5.52% ZnEq [9].
IC Group Holdings Inc. Announces Amended Private Placement Terms and Updated Closing Timeline
Newsfile· 2025-12-02 04:04
Core Points - IC Group Holdings Inc. has amended the terms of its non-brokered private placement and expects to close the offering around December 12, 2025, pending TSX Venture Exchange approval [1][7] - The company plans to issue up to 8,000,000 units at a price of $0.50 per unit, aiming for gross proceeds of up to $4,000,000 [2][3] - Each unit consists of one common share and one-half of a common share purchase warrant, with the exercise price of the whole warrant reduced from $0.75 to $0.65 for a period of 30 months [2][3] Financial Details - The amended terms include a maximum offering size of $4,000,000 and a unit price of $0.50, which remain unchanged [3] - Eligible finders may receive a cash commission of 6% of the proceeds raised and finder warrants equal to 6% of the number of units sold, exercisable at $0.50 for 30 months [4] Use of Proceeds - The net proceeds from the offering will be used to support sales and marketing expansion, advance technology development in messaging and live engagement platforms, and for general working capital [5] Insider Participation - Certain insiders may participate in the offering, which will be exempt from formal valuation and minority approval requirements as the value does not exceed 25% of the company's market capitalization [6] Company Overview - IC Group Holdings Inc. focuses on transforming brand engagement through live events, social media, and digital platforms, managing technology and financial risks for Fortune 500 brands and over 90 professional sports teams [9]
Ascot Announces Pricing of C$150 Million Brokered Private Placement and Nebari Restructuring Terms
Globenewswire· 2025-12-02 01:40
Core Viewpoint - Ascot Resources Ltd. has announced a private placement offering of up to C$150 million in common shares, with additional options for raising up to C$25 million, aimed at funding the development of its Premier Gold Mine and Red Mountain project [2][3][8] Offering Details - The common shares will be sold at a price of C$0.60 per share, following a previously announced 50:1 share consolidation [4] - Ccori Apu S.A.C, a significant shareholder, will participate in the offering to maintain a 32% ownership stake [4] - Up to C$15 million of the offering may be sold as flow-through shares at a price of C$0.73 per share [5] Agent Compensation - The company will pay the agents a cash commission of 6.0% on the total proceeds raised, reduced to 2% for sales to significant shareholders [6] - Agents will also receive warrants to acquire shares equal to 6.0% of the shares sold, exercisable for 24 months from the closing date [7] Use of Proceeds - Net proceeds from the offering will be used for the development of the Premier Gold Mine and Red Mountain project, while proceeds from flow-through shares will be allocated to eligible Canadian development expenses [8] Closing Conditions - The closing of the offering is contingent upon receiving necessary stock exchange approvals and completing a previously announced rights offering and share consolidation [9] Securities Offering - The shares will be offered to accredited investors in Canada, U.S. investors under specific exemptions, and international investors in compliance with applicable laws [10] - The securities will be subject to a four-month hold period under Canadian securities law [11] Restructuring with Secured Creditors - The company is restructuring its agreements with secured creditors, including Nebari Gold Fund, with terms that include converting outstanding interest and principal to principal at closing and extending maturity to five years [15]
Bolt Metals Announces Private Placement
Thenewswire· 2025-12-01 14:25
Vancouver, British Columbia - TheNewswire - December 1st, 2025 – Bolt Metals Corp. (“Bolt” or the “Company”) (TSXV: BOLT) (OTC: PCRCF) (FSE: A3D8AK), a North American mineral acquisition and exploration company, is pleased to is pleased to announce a non-brokered private placement of up to 12,903,225 special warrants of the Company (each, a “Special Warrant”) at a price of $0.31 per Special Warrant, for aggregate gross proceeds of up to $4,000,000 the “Offering”). Each Special Warrant will automatically con ...
Riverside Resources Announces Closing of Non-Brokered Private Placement for $3.7 Million
Newsfile· 2025-12-01 13:00
Vancouver, British Columbia--(Newsfile Corp. - December 1, 2025) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY0) ("Riverside" or the "Company"), is pleased to announce that it has completed the closing of a non-brokered private placement (the "Offering"). This investment was accomplished with strategic investors, many of whom have previously supported Riverside in the past and further strengthens the Company's shareholder base and positions it for continued growth and future transactions. ...