Private Placement
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Nine Mile Metals Announces Private Placement of up to $4 Million
TMX Newsfile· 2026-01-05 21:15
Toronto, Ontario--(Newsfile Corp. - January 5, 2026) - Nine Mile Metals Ltd. (CSE: NINE) (OTC Pink: VMSXF) (FSE: KQ9) ("Nine Mile" or the "Company") is pleased to announce a private placement of up to 21,052,632 units (the "Units") at a price of $0.19 per Unit for aggregate gross proceeds of up to $4,000,000 (the "Offering").Each Unit is comprised of one (1) common share of the Company (a "Common Share") and one (1) common share purchase warrant of the Company (a "Warrant"), with each Warrant exercisable i ...
Mogotes Announces Upsize to Private Placement
TMX Newsfile· 2026-01-05 20:02
Toronto, Ontario--(Newsfile Corp. - January 5, 2026) - Mogotes Metals Inc. (TSXV: MOG) (FSE: OY4) (OTCQB: MOGMF) ("Mogotes", or the "Company") is pleased to announce that, further to today's press release and due to investor demand, the Company has upsized its non-brokered private placement to up to 86,792,452 units (each, a "Unit") at a price of $0.265 per Unit for aggregate gross proceeds of up to C$23,000,000 (the "Offering").Each Unit shall be comprised of one common share (each, a "Common Share") and ...
Traction Uranium Announces Private Placement of C$500,000 of Unsecured Convertible Debentures
Globenewswire· 2026-01-02 22:30
Core Viewpoint - Traction Uranium Corp. plans to complete a non-brokered private placement of unsecured convertible debentures totaling C$500,000 to support its operations and general working capital [1][4]. Group 1: Offering Details - The convertible debentures will be issued in principal amounts of C$1,000, maturing 12 months from issuance, with an interest rate of 10% per annum, payable at maturity [2]. - Holders of the convertible debentures can convert them into units of the company at the most recent closing price of the common shares prior to conversion, with each unit consisting of one common share and one warrant [3]. - Each warrant allows the holder to purchase one common share at an exercise price of 110% of the market price for a period of 24 months from issuance [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for general and administrative expenditures and general working capital purposes [4]. Group 3: Regulatory and Closing Information - The offering is expected to close around January 16, 2026, subject to necessary regulatory approvals, including from the Canadian Securities Exchange [4]. - All securities issued will be subject to a statutory hold period of four months and one day [4]. Group 4: Company Overview - Traction Uranium Corp. is engaged in mineral exploration and development, focusing on uranium projects in Canada, particularly in the Athabasca Region [6].
RAB Capital Discloses Additional Investment In Viva Gold Corp.
Thenewswire· 2026-01-02 19:20
Investment Activity - RAB Capital Jersey Limited purchased 1,250,000 units of Viva Gold Corp. at a price of C$0.16 per unit for a total of C$200,000 on December 30, 2025 [1] - Each unit consists of one common share and one-half non-transferable common share purchase warrant, with each warrant exercisable at C$0.24 per share until December 29, 2028 [1] Ownership Structure - Mr. Philip Richards now beneficially owns and controls 22,220,000 common shares and 5,775,000 warrants, representing approximately 12.94% of the outstanding shares on a non-diluted basis and approximately 16.31% on a partially-diluted basis [2] - Prior to this acquisition, Mr. Richards owned 20,971,500 common shares and 4,150,000 warrants [2] Investment Strategy - The units were acquired for investment purposes, with a long-term view, and RAB Capital may consider acquiring additional securities of Viva Gold or selling existing securities based on market conditions [3] - RAB Capital focuses on investments in small companies and real estate development opportunities based on fundamental analysis [4] Company Information - Viva Gold is a British Columbia company with its registered office located in Vancouver, Canada [5]
Metalsource Mining Closes Private Placement
TMX Newsfile· 2026-01-02 17:37
Vancouver, British Columbia--(Newsfile Corp. - January 2, 2026) - METALSOURCE MINING INC. (CSE: MSM) (the "Company" or "Metalsource") is pleased to announce that, further to its news release dated December 24, 2025, it closed the non-brokered private placement for total gross proceeds of $1,020,000 (the "Offering") on December 31, 2025.The Company has allotted and issued 3,400,000 units (the "Units") at a price of $0.30 per Unit. Each unit consists of one common share of the Company (the "Shares") and one- ...
Bitcoin Well Announces Shares For Debt Settlement, Closing Of Private Placement, Stock Option Grant And Early Warning Disclosure
Thenewswire· 2026-01-01 12:30
Core Viewpoint - Bitcoin Well Inc. announces a shares-for-debt settlement, the grant of stock options, and related early warning disclosure, aiming to enhance its financial position and support its mission to enable independence through bitcoin [1]. Debt Settlement - The company will settle C$291,095 of accrued interest obligations by issuing common shares [2]. - As of January 2, 2026, the company has a total debt of C$210,495 related to certain use of bitcoin agreements and a convertible debenture agreement, with C$96,683 settled by issuing 920,788 shares at C$0.105 per share and C$113,813 settled by issuing 1,354,916 shares at C$0.084 per share [3]. - The company also has C$80,600 in convertible debenture interest debt, which will be settled by issuing 739,449 shares at C$0.109 per share [4]. - Additionally, the company has C$62,905.50 in sponsorship agreement debt, settled by issuing 698,950 shares at C$0.09 per share [5]. - The overall debt settlement is subject to approval from the TSX Venture Exchange [6]. Private Placement - The company has closed its private placement offering, raising approximately C$12,492,081.22 from the sale of 122,471,380 units, including C$6,618,460 in cash and 37.31 Bitcoin valued at approximately C$5,873,621.11 [8][9]. Grant of Stock Options - The company granted stock options to purchase up to 8,292,500 shares at an exercise price of C$0.105 per share, with a vesting schedule over three years and a term of five years [10]. Related Party Transactions - Participation by certain directors and officers in the debt settlement and option grant constitutes related party transactions, with the company relying on exemptions from formal valuation and minority shareholder approval requirements [11]. Early Warning Disclosure - Adam O'Brien, the CEO, acquired 1,800,000 options, maintaining approximately 23.88% of the issued shares on a non-diluted basis and increasing to approximately 25.43% on a partially diluted basis following the option grant [12].
Prime Drink Group Announces First Closing of Private Placement and Grant of Stock Options
Globenewswire· 2026-01-01 00:00
Group 1 - Prime Drink Group Corp. announced a first closing of its non-brokered private placement offering, raising gross proceeds of $450,000 by issuing 7,500,015 common shares and 7,500,015 warrants, with each warrant priced at $0.06 per share for three years [1] - The net proceeds from the Unit Offering will be used to develop the company's business and for general working capital purposes [2] - The securities issued are subject to a resale restriction of four months and one day from the issuance date, pending final approval from the Canadian Securities Exchange and other regulatory approvals [2] Group 2 - The company granted 3,500,000 stock options to a director and a consultant, allowing them to acquire the same number of common shares at a price of $0.06 per share for three years [3] - Prime Drink Group Corp. is based in Québec and aims to become a leading diversified holding company in the beverage, influencer media, and hospitality sectors [4]
Intelligent Bio Solutions Announces $10.0 Million Private Placement Priced At-the-Market Under Nasdaq Rules
Globenewswire· 2025-12-31 22:20
Core Viewpoint - Intelligent Bio Solutions Inc. has entered into a securities purchase agreement to raise approximately $10 million through a private placement of common stock and warrants, aimed at enhancing its working capital and general corporate purposes [1][2]. Group 1: Securities Offering - The company will issue 2,298,850 shares of common stock and associated Series K-1 and K-2 warrants, priced at $4.35 per share, with expected gross proceeds of around $10 million before expenses [1]. - The Series K-1 and K-2 warrants will have an exercise price of $4.10 per share and will be exercisable immediately upon issuance, with a term of five years [1]. - The closing of the private placement is anticipated on or about January 2, 2026, subject to customary closing conditions [2]. Group 2: Use of Proceeds - The net proceeds from the private placement will be utilized for working capital and general corporate purposes [2]. Group 3: Company Overview - Intelligent Bio Solutions Inc. specializes in medical technology, focusing on intelligent, rapid, non-invasive testing solutions, particularly through its Intelligent Fingerprinting Drug Screening System [5]. - The company's technology allows for quick sample collection and results in under ten minutes, targeting industries such as construction, manufacturing, and transport [5].
Peloton Closes Private Placement
Thenewswire· 2025-12-31 22:10
Core Viewpoint - Peloton Minerals Corporation has successfully closed a non-brokered private placement financing, raising a total of $134,100 from the issuance of 1,490,000 units, which will be utilized for lithium exploration and working capital [1][2]. Group 1: Financing Details - The private placement was conducted at a price of CDN$0.09 per unit, with each unit comprising one common share and one common share purchase warrant exercisable at $0.12 for three years [1]. - This placement marks the third tranche under the same pricing terms, bringing the cumulative total raised to $1,170,352.53 [2]. - The company incurred fees amounting to eight percent of the funds raised and issued ten percent of the units as broker warrants, which are exercisable into a unit of the offering at the offering price for sixty months [1]. Group 2: Use of Proceeds - Proceeds from the private placement will be allocated towards lithium exploration in northern Nevada and for general working capital [2]. - The company completed its maiden drilling program on the North Elko Lithium Project in November-December 2025, with results expected by the end of January 2026 [2]. Group 3: Regulatory and Compliance Information - The private placement relied on certain prospectus exemptions, including the Existing Shareholder Exemption, allowing capital raising through securities distribution to existing shareholders [3]. - The securities issued are subject to a hold period of four months and one day from the issuance date [4]. Group 4: Company Overview - Peloton Minerals Corporation holds a 100% interest in the North Elko Lithium Project, which is prospective for lithium and other critical minerals, along with interests in gold and copper projects in Nevada and Montana [6][7]. - The company 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].
Cosigo Resources Announces Acquisition of Conglomerate Layer Bulk Sample for Gravity Concentration Tests and Private Placement
Thenewswire· 2025-12-31 21:50
Core Viewpoint - Cosigo Resources Ltd. is actively engaged in geological exploration and analysis of conglomerate materials in the Taraira District, with recent bulk sampling and planned drilling to further assess gold potential [1][8][13]. Group 1: Geological Exploration - The company has acquired a 120 kg bulk sample from the "Chicken Coop" conglomerate for analysis, with samples being sent to Vancouver for testing [1]. - Reconnaissance prospecting has identified conglomerate stratum material distinct from previously mined areas, with 14 channel samples analyzed showing varying gold concentrations [2][3]. - Further drilling in 2024 has intercepted what is believed to be the same conglomerate layer, with core samples indicating gold presence [4][6]. Group 2: Analytical Results - Analytical results from channel samples show gold concentrations ranging from <0.015 ppm to 1.558 ppm across various samples, with specific samples highlighted for greater than 0.50 ppm gold [3][4]. - Core samples also indicate gold presence, with some samples showing concentrations as high as 11.3 ppm [6]. Group 3: Future Plans - The company plans to conduct a 4 or 5 drill hole campaign to obtain additional strata samples for better identification and characterization of the conglomerate [8]. - A private placement of up to CAD$1,000,000 has been initiated to fund further prospecting and mapping activities on the Taraira property and other locations [9][11]. Group 4: Company Overview - Cosigo Resources Ltd. is a junior exploration company focused on gold exploration in Colombia and holds interests in properties in Nevada and diamond exploration in Canada [13].