Private Placement
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Zoomcar Announces Closing of Private Placement of Common Stock Warrants
Globenewswire· 2026-02-26 11:07
Core Insights - Zoomcar Holdings, Inc. has successfully closed a private placement of common stock purchase warrants to accredited investors, raising a total of $939 by issuing 939 warrants at $1.00 each, with each warrant exercisable for one share at a nominal price of $6,000 per share [1] Group 1: Private Placement Details - The private placement was initiated on February 19, 2026, and conducted under Section 4(a)(2) of the Securities Act of 1933 and Rule 506(c) of Regulation D [1] - The warrants include customary anti-dilution adjustments for stock splits and dividends, and impose beneficial ownership limitations, restricting holders from exercising warrants if it would result in owning more than 4.99% of the company's outstanding common stock, with an option to increase this limit to 9.99% [2] Group 2: Company Overview - Zoomcar, founded in 2013 and headquartered in Bengaluru, India, is a leading self-drive car-sharing marketplace that connects vehicle hosts with guests, offering a wide selection of vehicles at competitive prices [10]
Sylla Gold Announces Closing of Fully Subscribed Private Placement of Units
TMX Newsfile· 2026-02-25 22:30
Core Viewpoint - Sylla Gold Corp. has successfully closed a non-brokered private placement, raising gross proceeds of $2,300,000 through the issuance of 46,000,000 units, each priced at $0.05 [1][2]. Group 1: Offering Details - The Offering consists of 46,000,000 units, with each unit comprising one common share and one common share purchase warrant, allowing the holder to acquire one common share at $0.05 for two years [1]. - The net proceeds from the Offering will be utilized for advancing exploration and permitting at the Niaouleni Gold Project, as well as for working capital and general corporate purposes [2]. Group 2: Use of Proceeds - Proceeds are specifically aimed at renewing the flagship Deguefarakole licence and facilitating option agreements on three additional licences within the Niaouleni land package, enhancing the district-scale potential of the project [2]. Group 3: Financial Transactions - The Company paid a total of $47,250 in cash finder's fees and issued 945,000 finder's warrants, each allowing the holder to acquire one common share at $0.05 until February 25, 2028 [3]. Group 4: Regulatory Compliance - The Offering is subject to final acceptance by the TSX Venture Exchange, and all securities issued are under a hold period of four months plus one day from the issuance date [4]. Group 5: Related Party Transactions - The Offering included a related party transaction, with an insider subscribing for 200,000 units, and the Company is relying on exemptions from certain requirements under MI 61-101 [6].
Fitzroy Minerals Announces Non-Brokered Life Offering And Concurrent Private Placement For Up To A Combined $26 Million
Thenewswire· 2026-02-25 22:15
Core Viewpoint - Fitzroy Minerals Inc. is initiating a non-brokered private placement to raise up to $26 million through two offerings, aimed at funding exploration and development projects in the Americas [1][3][4]. Group 1: Private Placement Details - The LIFE Offering will issue common shares at $0.50 per share, with a target of up to $10 million and a minimum offering amount of $4 million [1][2]. - A concurrent private placement will issue up to 32 million units at the same price of $0.50 per unit, potentially raising an additional $16 million [3]. - Each unit in the concurrent offering consists of one share and one-half of a share purchase warrant, with warrants allowing the purchase of additional shares at $0.80 for two years [3]. Group 2: Use of Proceeds - The net proceeds from the private placements will be allocated to various projects, including exploration and commitments for the Buen Retiro and Caballos projects, advancement of the Polimet project, reorganization of the Taquetren project, and general administrative costs [4]. Group 3: Closing and Regulatory Compliance - The closing of the private placements is anticipated around March 24, 2026, subject to TSXV approval and other closing conditions [5]. - Insiders may participate in the concurrent offering, which will be exempt from certain formal valuation and minority shareholder approval requirements [6].
Kadestone Capital Corp. Announces Private Placement of Convertible Notes and Warrants
TMX Newsfile· 2026-02-25 21:12
Vancouver, British Columbia--(Newsfile Corp. - February 25, 2026) - Kadestone Capital Corp. (TSXV: KDSX) ("Kadestone" or the "Company") is pleased to announce a non-brokered private placement of secured convertible notes ("Convertible Notes") and common share purchase warrants ("Warrants") for aggregate gross proceeds of up to approximately $5.0 million (the "Private Placement"). The Private Placement is expected to close in one or more tranches, subject to, among other things, receipt of all necessary reg ...
Questcorp Mining Announces Closing of First Tranche of Upsized Private Placement - Amended and Restated
TMX Newsfile· 2026-02-25 18:36
This amended and restated news release corrects the previous news release dated February 25, 2026 with respect to the number of securities issued by Questcorp Mining Inc. Vancouver, British Columbia--(Newsfile Corp. - February 25, 2026) - Questcorp Mining Inc. (CSE: QQQ) (OTCQB: QQCMF) (FSE: D910) (the "Company" or "Questcorp") is pleased to announce that it has closed the first tranche of its upsized non-brokered private placement of 13,100,000 units (each, a "Unit") at a price of $0.20 per Unit for gross ...
Silver Miner Rio Silver (TSX-V: RYO ) ( OTC: RYOOF) Announces $3.0 Million Non-Brokered Private Placement Led by Eric Sprott
Investorideas.com· 2026-02-25 16:50
Silver Miner Rio Silver (TSX-V: RYO ) ( OTC: RYOOF) Announces $3.0 Million Non-Brokered Private Placement Led by Eric Sprott (www.investorideas.com Newswire) Investorideas.com , a go to investing platform for mining stocks issues news for silver stock Rio Silver Inc. (TSX-V: RYO | OTC: RYOOF), Rio Silver Inc. (TSX-V: RYO | OTC: RYOOF) is pleased to announce a non-brokered private placement financing for gross proceeds of up to $3,000,000 (the “Offering”). Under the Offering, subject to regulatory a ...
Questcorp Mining Announces Closing of First Tranche of Upsized Private Placement
TMX Newsfile· 2026-02-25 15:24
Vancouver, British Columbia--(Newsfile Corp. - February 25, 2026) - Questcorp Mining Inc. (CSE: QQQ) (OTCQB: QQCMF) (FSE: D910) (the "Company" or "Questcorp") is pleased to announce that it has closed the first tranche of its upsized non-brokered private placement of 11,100,000 units (each, a "Unit") at a price of $0.20 per Unit for gross proceeds of $2,220,000.00 (the "Offering"). Each Unit consists of one common share of the Company (each, a "Share") and one-half-of-one common share purchase warrant (eac ...
Unigold Announces Closing of Non-Brokered Private Placement of $1,470,060
TMX Newsfile· 2026-02-25 14:21
Core Viewpoint - Unigold Inc. has successfully closed a non-brokered private placement, raising gross proceeds of $1,470,060 through the issuance of 8,167,000 units at a price of $0.18 per unit, which will be used for exploration and development activities in the Dominican Republic [1][2]. Group 1: Offering Details - The private placement consists of units, each comprising one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of one common share at an exercise price of $0.22 for two years [1]. - The offering is subject to a four-month hold period and requires final acceptance from the TSX Venture Exchange [2]. Group 2: Insider Participation - Significant insider participation includes subscriptions from directors Andrés Marranzini and Juana Barcelo, who purchased a total of 7,000,000 units [2]. - The transactions involving insiders are classified as related party transactions under Multilateral Instrument 61-101, and the company will file a material change report regarding these transactions [2]. Group 3: Use of Proceeds - Proceeds from the offering will primarily fund continued exploration and development on the Neita Sur Concession in the Dominican Republic, as well as general working capital [2]. Group 4: Company Overview - Unigold is a Canadian mineral exploration company focused on gold deposits in the Caribbean, particularly the Candelones gold deposits within the Neita Sur concession [4]. - The company has been active in the Dominican Republic since 2002 and has received strong local community support for its exploration and development efforts [4]. - The Neita Sur concession is part of a larger area that includes the Neita Norte Exploration Concession, which was awarded in Q2 2023, and has a partnership with Barrick Gold for further exploration [4].
Peruvian Metals Closes Private Placement
TMX Newsfile· 2026-02-25 12:30
Edmonton, Alberta--(Newsfile Corp. - February 25, 2026) - Peruvian Metals Corp (TSXV: PER) ("Peruvian Metals" or the "Company") is pleased to announce the closing of its non-brokered private placement (the "Offering") previously announced on January 29, 2026. Pursuant to the Offering, the Company issued an aggregate of 10,000,000 units ("Units") at an issue price of $0.10 per Unit, for aggregate gross proceeds of $1,000,000. Each Unit consists of one (1) common share of the Company, and one-half (1/2) non- ...
Rio Silver Inc. Announces $3.0 Million Non-Brokered Private Placement Led by Eric Sprott
Globenewswire· 2026-02-25 12:30
VANCOUVER, British Columbia, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Rio Silver Inc. (“Rio Silver” or the “Company”) (TSX-V: RYO | OTC: RYOOF) is pleased to announce a non-brokered private placement financing for gross proceeds of up to $3,000,000 (the “Offering”). Under the Offering, subject to regulatory approval, the Company intends to issue up to 8,571,429 units (the “Units”) at a price of $0.35 per Unit. Each Unit will consist of one common share of the Company and one-half (1/2) of one common share purchase ...