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Volatus Announces Non-Brokered LIFE Financing of up to $10,000,000
Globenewswire· 2025-07-10 00:33
Core Viewpoint - Volatus Aerospace Inc. is conducting a non-brokered private placement to raise up to approximately $10 million for expansion into the defense sector and to increase inventory of drone systems to meet rising demand [1][3]. Group 1: Offering Details - The offering consists of up to 19,230,770 units priced at $0.52 per unit, with each unit comprising one common voting share and one-half of a common share purchase warrant [1][2]. - Each warrant allows the holder to purchase one common share at an exercise price of $0.76 for a period of 36 months [2]. Group 2: Use of Proceeds - The net proceeds from the financing will be allocated for expanding into the defense business segment, increasing drone system inventory, and general working capital [3]. Group 3: Closing and Regulatory Aspects - The financing is expected to close around July 16, 2025, subject to customary conditions and necessary approvals from the TSX Venture Exchange [4]. - The financing may be completed in multiple tranches, and eligible finders may receive a cash fee of up to 6% of the gross proceeds [4]. Group 4: Company Overview - Volatus Aerospace Inc. specializes in innovative aerial solutions for various industries, including oil and gas, energy utilities, healthcare, public safety, and infrastructure [8]. - The company aims to enhance operational efficiency, safety, and sustainability through advanced aerial technologies [8].
Surge Copper Announces Upsize of Private Placement to $10.4 Million
Globenewswire· 2025-07-09 12:51
Core Viewpoint - Surge Copper Corp. has successfully increased its non-brokered equity financing from approximately $6.4 million to up to $10.4 million due to strong investor demand, with full subscription from both new and existing investors [1] Group 1: Offering Details - The Offering will consist of a LIFE Offering of up to 19.2 million common shares at $0.175 per share for gross proceeds of up to $3.4 million, and a LIFE Charity Flow-Through Offering of up to 9.4 million charity flow-through common shares at $0.265 per share for gross proceeds of up to $2.5 million [7] - A Concurrent Strategic Investment is expected to raise up to $4.5 million through a private placement of up to 25.8 million common shares at $0.175 per share, increasing the strategic investor's ownership to up to 19.9% [7] Group 2: Use of Proceeds - Net proceeds from the Offering will fund engineering, environmental, and early-stage permitting activities at the Berg Project, supporting the completion of a Preliminary Feasibility Study and potential entry into the Environmental Assessment process [2] - A portion of the proceeds will also be allocated for general working capital [2] Group 3: Company Overview - Surge Copper Corp. is advancing a critical metals district in British Columbia, owning a large mineral claim package with multiple advanced porphyry deposits containing copper, molybdenum, gold, and silver [9] - The Company holds a 100% interest in the Berg Project, which has a Preliminary Economic Assessment (PEA) indicating an NPV of C$2.1 billion and an IRR of 20% based on long-term commodity prices [10]
Ensurge Micropower ASA - Fully Underwritten Private Placement successfully placed
Globenewswire· 2025-07-08 18:00
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Oslo, Norway, 8 July 2025 Reference is made to the stock exchange announcement published earlier today, 8 July 2025 by Ensurge Micropower ASA ("Ensurge" or the "Compa ...
Pacific Bay Minerals Ltd. Announces $2 Million Private Placement to Advance Pereira-Velho Gold Project in Brazil and Extends Warrant Expiry Dates
Newsfile· 2025-07-08 06:22
Core Viewpoint - Pacific Bay Minerals Ltd. announces a non-brokered private placement to raise up to $2 million to advance the Pereira-Velho Gold Project in Brazil and extends the expiry dates of certain warrants [1][2][10]. Private Placement Details - The company plans to issue up to 20,000,000 units at a price of $0.10 per unit, aiming for gross proceeds of up to $2 million [3]. - Each unit consists of one common share and one common share purchase warrant, with the warrant exercisable at $0.15 for 24 months [4]. - An acceleration clause allows the company to expedite the expiry of the warrants if the trading price exceeds $0.25 for 20 consecutive trading days [4]. Use of Proceeds - Net proceeds will primarily fund the acquisition and exploration of the Pereira-Velho Gold Project in Alagoas State, Brazil [7]. - Remaining funds may be allocated for exploration on Canadian assets and general working capital [8]. Insider Participation - Certain insiders may participate in the offering, which will be treated as a related party transaction [9]. Warrant Extension - The company intends to extend the expiry of 7,365,873 warrants issued on July 20, 2022, from July 20, 2025, to July 20, 2026, pending TSXV approval [10]. Management Update - Elton Pereira has transitioned to the role of country manager for Brazil, aligning with the company's focus on the Pereira-Velho gold project [11].
AB Science announces the successful completion of a EUR 1.925 million private placement
Globenewswire· 2025-07-08 06:02
PRESS RELEASE AB SCIENCE ANNOUNCES THE SUCCESSFUL COMPLETION OF A EUR 1.925 MILLION PRIVATE PLACEMENT Paris, July 8, 2025, 8am AB Science S.A. (the “Company” or “AB Science”, Euronext – FR0010557264 – AB) announces today the successful completion of a capital increase of a total gross amount of EUR 1.925 million subscribed by a limited number of investors (the “Private Placement”). The Private Placement is not subject to a prospectus requiring an approval from the French Financial Market Authority (Autorité ...
Gunnison Copper Announces $5 Million Listed Issuer Financing Exemption (LIFE) Private Placement
Newsfile· 2025-07-07 23:30
Core Viewpoint - Gunnison Copper Corp. is conducting a non-brokered private placement to raise up to C$5 million through the sale of units, aimed at funding various projects and operational expenses [1][3]. Group 1: Offering Details - The private placement will consist of up to 16,666,700 units priced at C$0.30 (US$0.23) per unit, each unit comprising one common share and one warrant [1][2]. - Each warrant allows the holder to purchase one common share at C$0.45 for a period of 36 months following the issue date [2]. Group 2: Use of Proceeds - The net proceeds will be allocated to the High Value Add Work Program at the Gunnison Copper Project, long lead time drilling, metallurgical testing for a pre-feasibility study, and general administrative expenses for the US head office for an additional 12 months [3]. Group 3: Regulatory Compliance - The offering will comply with National Instrument 45-106 and will be available to purchasers in all Canadian provinces except Québec, as well as offshore jurisdictions and the United States under certain exemptions [4][5]. Group 4: Company Overview - Gunnison Copper Corp. is a copper developer and producer operating in the Southern Arizona Copper Belt, controlling the Cochise Mining District with 12 known deposits [10]. - The flagship Gunnison Copper Project has a measured and indicated mineral resource of over 831 million tons with a total copper grade of 0.31%, and a preliminary economic assessment indicating an NPV of $1.3 billion and an IRR of 20.9% [12]. Group 5: Future Production - The Johnson Camp Asset, under construction, is expected to produce up to 25 million lbs of finished copper cathode annually, fully funded by Nuton LLC, a Rio Tinto Venture [14].
Netcapital Announces Closing of Up To $9.9 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules
Globenewswire· 2025-07-07 20:05
$5 million upfront with up to an additional $4.9 million of potential aggregate gross proceeds upon the exercise in full of short-term warrants Boston, July 07, 2025 (GLOBE NEWSWIRE) -- Netcapital Inc. (the “Company”) (NASDAQ: NCPL, NPCLW), a digital private capital markets ecosystem, today announced the closing of its previously announced registered direct offering priced at-the-market under Nasdaq rules for the purchase and sale of 714,286 shares of common stock at a purchase price of $7.00 per share. In ...
Pampa Metals Upsizes LIFE Offering to $6m
Thenewswire· 2025-07-04 13:25
July 4, 2025 – TheNewswire - Vancouver, British Columbia - Pampa Metals Corp. (“Pampa Metals” or the “Company”) (CSE: PM / FSE: FIRA / OTCQX®: PMMCF) is pleased to advise the upsize of its previously announced non-brokered private placement offering to 37,500,000 shares at a price of $0.16 per share, for gross proceeds of $6,000,000 (the “Offering”). The Offering has been upsized to partially fill demand from specialist resources funds and is being made pursuant to the Listed Issuer Financing Exemption und ...
Northwest Copper Announces Closing of Oversubscribed Private Placement
Globenewswire· 2025-07-04 11:00
Core Viewpoint - NorthWest Copper Corp. successfully closed an oversubscribed non-brokered private placement financing, raising a total of $555,000 through the sale of 2,775,000 units at $0.20 per unit, which will primarily be used for general working capital purposes [1][2]. Financing Details - The private placement consisted of 2,775,000 units priced at $0.20 each, resulting in gross proceeds of $555,000 [2]. - Each unit includes one common share and one half of a non-transferable common share purchase warrant, with each whole warrant exercisable at $0.30 until July 3, 2027 [2]. - The company paid cash finder's fees of $6,000 and issued 30,000 compensation warrants, also exercisable at $0.30 until July 3, 2027 [3]. Strategic Insights - CEO Paul Olmsted highlighted that the increased demand for the private placement reflects confidence in the company's new strategic approach at Kwanika, focusing on higher-grade zones within current mineralization [3]. - The financing is seen as a crucial step in preparing for the next phase of exploration drilling and metallurgical work aimed at enhancing value at Kwanika [3]. Related Party Transactions - Three directors of the company acquired a total of 400,000 units for $80,000, which qualifies as a related party transaction [5]. - These transactions are exempt from certain requirements under Multilateral Instrument 61-101 due to the fair market value of the securities not exceeding 25% of the company's market capitalization [5]. Company Overview - NorthWest Copper is engaged in copper and gold exploration and development, with a portfolio of advanced and early-stage projects in British Columbia, including Kwanika-Stardust, Lorraine-Top Cat, and East Niv [7]. - The company is positioned to benefit from a strengthening global copper market and a robust gold market, emphasizing responsible mineral exploration in collaboration with First Nations [7].
Actelis Networks Announces Closing of Private Placement Priced At-the-Market under Nasdaq Rules
Globenewswire· 2025-07-03 17:05
FREMONT, Calif, July 03, 2025 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today announced the closing of its previously announced private placement priced at-the-market under Nasdaq rules for the issuance and sale of 1,626,019 shares of its common stock, Series A-3 warrants to purchase up to an aggregate of 1,626,019 shares of common stock and short-term Se ...