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INEO Tech Corp. Announces Non-Brokered Private Placement
Newsfile· 2025-12-01 12:25
Core Viewpoint - INEO Tech Corp. announces a non-brokered private placement to raise up to $2,345,000 by issuing up to 156,355,684 common shares at a price of $0.015 per share [1][3]. Offering Details - The Offering allows eligible INEO shareholders to participate, subject to compliance with applicable securities laws [2][8]. - The rights offering previously announced on November 24, 2025, has been terminated due to objections, but existing shareholders still have the opportunity to participate in this Offering [3]. Use of Proceeds - Net proceeds from the Offering are intended for working capital and general corporate purposes, including inventory purchases, deployments, product/engineering, and sales & marketing initiatives [4]. - The allocation of proceeds is as follows: - Inventory Purchase and Customer Deployments: $1,600,000 (assuming 100% of the offering) - General and Administrative Expenses: $745,000 (assuming 100% of the offering) [5]. Closing and Conditions - The Offering is subject to customary conditions, including acceptance by the TSX Venture Exchange, and may close in one or more tranches [6]. - All securities issued will be subject to a statutory hold period of four months plus one day from the closing date [6]. Insider Participation - Coenda Investments Holding Corp. has the right to maintain its interest in the Company by participating in the Offering, with a notification deadline of December 5, 2025 [9]. - Other insiders may also participate, and such participation is expected to be exempt from formal valuation and minority shareholder approval requirements [9]. Company Overview - INEO Tech Corp. operates at the intersection of in-store retail media and loss prevention, with a focus on digital signage and retail analytics through its subsidiary INEO Solutions Inc. [10]. - The company’s patented technology integrates Electronic Article Surveillance (EAS) with digital displays to help retailers reduce theft while generating media revenue [10].
PyroGenesis Announces Closing of Third Tranche of the Non-Brokered Private Placement for $904,083
Globenewswire· 2025-11-28 12:00
Core Viewpoint - PyroGenesis Inc. has successfully closed a non-brokered private placement, raising a total of $5,226,083 through the sale of 14,185,969 units, which includes two unit groups [1][4]. Group 1: Private Placement Details - The private placement consisted of two unit groups, with the first group selling 5,555,556 units at a price of $0.63 per unit, generating gross proceeds of $3,500,000 [2]. - The second tranche of the second unit group issued 4,520,414 units at a price of $0.20 per unit, resulting in gross proceeds of $904,083, in addition to the first tranche of 4,110,000 units that raised $822,000 [3]. - In total, the two unit groups accounted for 14,185,969 units sold for gross proceeds of $5,226,083 [4]. Group 2: Use of Proceeds and Regulatory Approval - The proceeds from the private placement will be utilized for working capital and general corporate purposes [5]. - The private placement has received conditional approval from the TSX, pending final approval and customary closing conditions [5]. Group 3: Unit Group Structure - Each unit in the first group consists of one common share and one warrant, priced at $0.63, with the warrant allowing the purchase of a common share at $0.28 for 48 months [8]. - Each unit in the second group consists of one common share and one warrant, priced at $0.20, with the warrant allowing the purchase of a common share at $0.40 for 24 months [8].
Atomic Minerals Upsizes Its Previously Announced Non-Brokered LIFE Offering and Concurrent Private Placement to $2.2M
Newsfile· 2025-11-28 01:04
Core Points - Atomic Minerals Corporation has increased the size of its non-brokered LIFE Offering and concurrent private placement to $2.2 million due to strong investor demand [1] - The LIFE Offering will consist of up to 14,666,667 units at a price of $0.05 per unit, raising gross proceeds of up to $733,333 [1] - The concurrent private placement has been increased to up to 29,333,333 units at the same price, aiming for gross proceeds of up to $1,466,666 [1] Offering Details - Each unit in the LIFE Offering includes one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one share at $0.10 for 12 months [2] - The LIFE Offering is available to Canadian residents, excluding Québec, and will not have a hold period under Canadian securities laws [3] - The concurrent private placement is also available to Canadian residents and will be subject to a statutory hold period of four months plus one day after closing [3] Financial Aspects - The company plans to pay finders' fees of 5%-8% in cash and finder warrants equal to up to 8% of the units sold under both offerings [5] - The expected closing date for both offerings is December 1, 2025, pending regulatory approvals [6] - Proceeds from the offerings will be used for exploration activities at uranium projects in Saskatchewan and the Colorado Plateau, as well as for general administrative expenses [6] Company Overview - Atomic Minerals Corporation is a publicly listed exploration company on the TSXV, focusing on uranium exploration in underexplored regions with geological similarities to areas with past uranium discoveries [10] - The company's property portfolio includes uranium projects in North America, notably in the Colorado Plateau and the Athabasca Basin, which have historical production records [11]
Grafton Resources Announces Closing of Non-Brokered Private Placement of Units
Thenewswire· 2025-11-27 19:05
Core Points - Grafton Resources Inc. has successfully closed a non-brokered private placement, raising gross proceeds of $2,400,000 through the issuance of 4,800,000 units at a price of $0.50 per unit [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 one common share at $0.80 until November 27, 2027 [1][2] - The proceeds will be used for the acquisition of the Alicahue Copper Project in Chile, exploration activities, option payments, and general corporate purposes [2] Financial Details - The company paid finder's fees totaling $133,784 in cash and issued 267,568 finder's warrants, each allowing the purchase of one common share at $0.80 until November 27, 2027 [3] - The offering is subject to acceptance by the Canadian Securities Exchange and the securities issued are under a four-month hold period expiring on March 28, 2026 [3] Related Party Transactions - Clariden Capital Ltd., owned by J. Campbell Smyth, participated in the offering by purchasing 345,400 units for $172,700, constituting a related party transaction [4][6] - The company is exempt from formal valuation and minority shareholder approval requirements due to the insider participation not exceeding 25% of the company's market capitalization [4] Ownership Changes - Prior to the offering, J. Campbell Smyth owned approximately 13.73% of the company's common shares, which decreased to approximately 11.79% post-offering [7][8] - Mr. Smyth has no current intention to dispose of or acquire further securities of the company, although he may do so depending on market conditions [9]
Carolina Rush Shareholders Approve OceanaGold Transaction; Upsizes Private Placement
Newsfile· 2025-11-27 11:30
Core Points - Carolina Rush Corporation has received overwhelming shareholder approval for its transaction with OceanaGold Corporation, with 99.8% of voted shares in favor, surpassing the required 66.7% [3] - The agreement allows OceanaGold to earn up to an 80% interest in the Brewer Gold-Copper Project by investing up to US$20 million over the next five years [3] - A joint Technical Committee has approved a Stage 1 exploration program to drill approximately 3,000 meters, starting January 5, 2026, with a minimum commitment of US$1.5 million from OceanaGold [3] Private Placement - In response to strong investor demand, Carolina Rush plans to increase its non-brokered private placement offering from up to C$3.0 million to C$3.5 million [4] - The offering will consist of up to 31,818,182 units at a price of C$0.11 per unit, aiming for aggregate gross proceeds of up to C$3.5 million [5] - Each unit includes one common share and one-half of a common share purchase warrant, with warrants exercisable at C$0.16 for two years [5] Closing and Use of Proceeds - The closing of the offering is expected around December 4, 2025, pending approval from the TSX Venture Exchange [6] - Net proceeds from the offering will be allocated for working capital and general corporate purposes [6] Company Overview - Carolina Rush Corporation is focused on the Brewer Gold-Copper Project in South Carolina, which is considered a large, underexplored system with potential for both near-surface and deeper mineralization [7] - The Brewer project is located 13 km from OceanaGold's Haile Gold Mine, which has a production guidance of 170,000-200,000 ounces of gold for 2025 [7]
Grizzly Announces Private Placement
Newsfile· 2025-11-25 14:15
Core Points - Grizzly Discoveries Inc. is conducting a private placement offering of Units and FT Units for gross proceeds of up to $1 million if fully subscribed [1][2] - The offering includes up to 8,333,333 Units and up to 25,000,000 FT Units, each priced at $0.03 [2] - Each Unit consists of one common share and one warrant, while each FT Unit consists of one common share and half a warrant [2] - The proceeds from the offering will primarily be used for mineral property exploration, totaling $750,000, along with other operational costs [3] Offering Details - The offering is available to qualified subscribers in Alberta, British Columbia, Ontario, and other jurisdictions as determined by the company [2] - The company may pay finders fees in cash, Units, and Warrants to registered broker dealers [4] - The offering is subject to acceptance by the TSX Venture Exchange [5] Company Overview - Grizzly Discoveries Inc. is a diversified Canadian mineral exploration company with a primary focus on developing approximately 72,700 hectares of precious and base metals properties in southeastern British Columbia [6] - The company is managed by a team with extensive experience in advancing exploration projects from early stages to feasibility [6]
Pinnacle Arranges Non-Brokered Private Placement
Thenewswire· 2025-11-25 13:30
Core Viewpoint - Pinnacle Silver and Gold Corp. is initiating a non-brokered private placement to raise up to $2,520,000 through the issuance of units priced at $0.14 each, aimed at advancing its El Potrero gold-silver project in Mexico and for general working capital [1][2]. Group 1: Offering Details - The private placement will consist of up to 18,000,000 units, each comprising one common share and one-half share purchase warrant, with the whole warrant convertible into an additional share at $0.20 for 24 months [1]. - Finders' fees will include a 6% cash commission and 6% in non-transferable finders' warrants, allowing the holder to acquire shares at $0.20 over a 24-month period [1]. - The offering is expected to close around December 19, 2025 [1]. Group 2: Use of Proceeds - Net proceeds from the offering will be allocated to advancing the El Potrero project for evaluations and for general working capital [2]. Group 3: Insider Participation - Insiders of the company will participate in the offering, which is classified as a related-party transaction under Multilateral Instrument 61-101, exempting the company from formal evaluation or minority shareholder approval [3]. Group 4: Securities and Regulations - All securities issued will be subject to a four-month hold period and require TSX Venture Exchange approval, and they have not been registered under the U.S. Securities Act of 1933 [4]. Group 5: Project Overview - The El Potrero project is located in the Sierra Madre Occidental of Mexico, near several operating mines, and features high-grade gold-silver mineralization in a low sulphidation epithermal vein system [5][6]. - The property has significant exploration potential as it has not been systematically explored in nearly 40 years [6]. - A previously operational 100 tpd plant can be refurbished for near-term production once permits are secured [7]. Group 6: Company Strategy - Pinnacle will earn an initial 50% interest upon commencing production, with plans to generate cash flow to further develop the project and increase ownership to 100% subject to a 2% NSR [8]. - The company is focused on developing precious metals projects in the Americas, including the high-grade Potrero project and the Argosy Gold Mine in Ontario [9].
Barnwell Industries, Inc. Announces $2.4 Million Private Placement Led by Bradley Radoff
Accessnewswire· 2025-11-25 11:00
Core Insights - Barnwell Industries, Inc. has announced a private placement (PIPE) for approximately 2.2 million shares of common stock at a price of $1.10 per share, aiming for gross proceeds of about $2.4 million [1] Group 1 - The PIPE transaction includes participation from lead investor Bradley Radoff and other accredited investors, including certain members of the Company's Board of Directors [1]
Powermax Announces Amendment to Warrant Term for Non Flow-Through Private Placement
Newsfile· 2025-11-25 01:30
Core Points - Powermax Minerals Inc. has amended the exercise period of its warrants from 24 months to 36 months at an exercise price of $0.95 per share [1] - The private placement units are being offered at a price of $0.76 per unit, with all other terms remaining unchanged from the previous announcement [1] Company Overview - Powermax Minerals Inc. is a Canadian mineral exploration company focused on rare earth element projects [3] - The company holds an option to acquire the Cameron REE Property, which consists of three mineral claims totaling approximately 2,984 hectares in British Columbia [3] - Additionally, Powermax has an option to acquire the Atikokan REE Property, comprising 455 unpatented mining claims in Northwestern Ontario, and owns a 100% interest in the Ogden Bear Lodge Project located in Crook County, Wyoming [3]
Decade Resources Closes Private Placement for Total Gross Proceeds of $1,170,000
Newsfile· 2025-11-24 21:31
Core Points - Decade Resources Ltd. has successfully closed a private placement, raising total gross proceeds of $1,170,000 [1] - The private placement consisted of two types of units: flow-through units and non-flow-through units [2][3] Flow-Through Units - A total of 24,250,000 flow-through units were issued at a price of 4 cents per unit, generating gross proceeds of $970,000 [2] - Each flow-through unit includes one common share and one warrant, with the warrant exercisable at $0.06 per share for a period of 24 months [2] - Proceeds from flow-through units will be allocated to Canadian exploration expenses and critical mineral mining expenditures on the company's B.C. properties [4] Non-Flow-Through Units - A total of 5,000,000 non-flow-through units were issued at a price of 4 cents per unit, generating gross proceeds of $200,000 [3] - Each non-flow-through unit consists of one common share and one warrant, with the warrant exercisable at $0.06 per share for a period of 36 months [3] - Proceeds from non-flow-through units will be used for general working capital [4] Additional Information - The company paid cash finder's fees totaling $86,800 and issued 2,170,000 warrants to finders, which are exercisable for a 24-month period [5] - All securities issued are subject to a statutory hold period of four months, expiring on March 22, 2026 [5]