Private Placement Offering

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JZR Gold Inc. Announces Private Placement Offering of Units to Raise Up To $1,500,000
Thenewswire· 2025-07-12 00:20
Core Viewpoint - JZR Gold Inc. is initiating a non-brokered private placement offering to raise up to $1,500,000 through the sale of 5,000,000 units at a price of $0.30 per unit, which will consist of common shares and warrants [1][4] Group 1: Offering Details - The offering will consist of units priced at $0.30 each, with each unit comprising one common share and one share purchase warrant [1] - The total gross proceeds from the offering are expected to be up to $1,500,000 [1] - Each warrant will allow the holder to purchase an additional common share at an exercise price of $0.40 for two years after the offering closes [1] - The offering may close in multiple tranches and is subject to regulatory approvals [3] Group 2: Use of Proceeds - The net proceeds from the offering will be used to fund operations of an 800 tonne-per-day gravimetric mill and future exploration work on the Vila Nova Gold project in Brazil [4] - The mill is reported to be fully operational, with minor improvements being made to enhance efficiency [4] Group 3: Regulatory and Compliance - The offering will be conducted under available prospectus exemptions as per applicable securities laws [2] - The securities issued will be subject to a hold period of four months and one day from the date of issuance [3]
Pampa Metals Upsizes LIFE Offering to $6m
Thenewswire· 2025-07-04 13:25
Core Viewpoint - Pampa Metals Corp. has increased its non-brokered private placement offering to 37,500,000 shares at a price of $0.16 per share, aiming to raise gross proceeds of $6,000,000 to fund exploration and general corporate purposes [1][4]. Group 1: Offering Details - The offering has been upsized to meet demand from specialist resources funds and is being conducted under the Listed Issuer Financing Exemption in Canada, excluding Quebec [2]. - An amended offering document will be available on SEDAR+ and the company's website for prospective investors to review before making investment decisions [3]. - The offering is not contingent upon the completion of the acquisition of Rugby Resources Ltd. and is subject to customary conditions for such transactions [7]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to exploration drilling at the Cobrasco copper porphyry discovery in Colombia, preparatory work for the Piuquenes copper-gold discovery in Argentina, and general corporate purposes [4]. Group 3: Acquisition of Rugby Resources Ltd. - The acquisition of Rugby Resources Ltd. is expected to be completed shortly after a special meeting of Rugby shareholders on July 16, 2025, to approve the acquisition plan [5]. Group 4: Financial Advisory and Fees - Canaccord Genuity Corp. has been appointed as the financial advisor for the offering and will receive a fee of 1% of the total gross proceeds raised [6]. - The company may also pay finder's fees of up to 5% in cash and 5% in finder's warrants, with warrants having an exercise price of $0.30 and a 2-year term [6]. Group 5: Company Overview - Pampa Metals is a copper-gold exploration company listed on the Canadian Stock Exchange, Frankfurt, and OTC exchanges, with significant interests in projects in Argentina and Colombia [9].
North Bay Resources Announces Physical Gold + Shares Unit Financing
Globenewswire· 2025-06-27 13:08
Group 1 - North Bay Resources, Inc. is conducting a private placement offering for accredited investors, aiming to raise up to $1,000,000 USD through the sale of Units consisting of 60% Common Shares and 40% physical gold [1][2] - Each Unit is priced at $0.001 USD, equating to 10,000,000 shares and 1.3 ounces of gold per $10,000 investment, with a post-closing valuation of approximately $5,500,000 USD if fully subscribed [2] - The offering is expected to close on or before July 31, 2025, with no commissions or agent fees involved [3] Group 2 - The Company operates the Bishop Gold Mill and several mining projects, including the Fran Gold Project, which has a recently discovered bulk tonnage deposit [6] - The Fran Gold Project has a current resource estimate of 20,035,146 tonnes at an average grade of 0.50 g/t, totaling 323,170 troy ounces of gold [8] - Additional exploration has identified a larger resource estimate of 43,797,234 tonnes at an average grade of 0.34 g/t, totaling 474,001 troy ounces of gold [10]
Fury Upsizes Financing to C$3.08 Million
Globenewswire· 2025-06-06 11:00
Group 1 - Fury Gold Mines Limited has increased its proposed private placement offering from C$2,500,000 to C$3,080,000, intending to place 4,000,000 flow-through common shares at a price of C$0.77 per share [1] - The offering is expected to close on or about June 19, 2025, subject to customary closing conditions and necessary approvals from the Toronto Stock Exchange and NYSE American [2] - The offering may increase by approximately 15.4% if a strategic investor exercises its pre-emptive participation rights [1] Group 2 - Fury Gold Mines Limited is a Canadian-focused exploration company with a significant position in Dolly Varden Silver Corp, holding approximately 14.5% of issued shares [4] - The company aims to grow its multi-million-ounce gold platform through rigorous project evaluation and exploration excellence, led by a management team with proven success [4] - Fury is committed to high standards in corporate governance, environmental stewardship, community engagement, and sustainable mining practices [4]
Rubicon Organics Announces Closing of Private Placement Offering under the Listed Issuer Financing Exemption
Globenewswire· 2025-05-07 22:55
Core Viewpoint - Rubicon Organics Inc. has successfully closed a non-brokered private placement offering, raising approximately $4.5 million through the issuance of 10,227,265 units at a price of $0.44 per unit [1][2]. Group 1: Offering Details - Each unit consists of one common share and one-half of a common share purchase warrant, with warrants priced at $0.70 and valid for 24 months [2]. - The company paid finders' fees totaling approximately $100,467 and issued 228,335 finder warrants, also exercisable at $0.70 for 24 months [3]. - All units issued are not subject to a hold period under Canadian securities laws due to the exemption utilized [4]. Group 2: Board Participation - Members of the Board subscribed for a total of 3,410,545 units, generating approximately $1.5 million in gross proceeds [5]. - The participation of Board members is classified as a related party transaction, with the company relying on exemptions from formal valuation and minority shareholder approval requirements [5]. Group 3: Use of Proceeds - The net proceeds from the offering will be allocated for start-up and acquisition costs of the Hope Facility, pre-roll automation, capital investments, and general working capital [6]. - If the acquisition of the Hope Facility does not proceed, the funds may be redirected to other projects or working capital needs [6]. Group 4: Ownership Changes - Following the offering, Jesse McConnell's ownership increased from 21.13% to approximately 18.65% of the undiluted common shares outstanding [8][9]. - McConnell's total holdings now include 12,745,118 common shares, 325,000 stock options, 450,000 restricted share units, 140,459 deferred share units, and 250,000 warrants [9]. Group 5: Company Overview - Rubicon Organics Inc. is a leader in premium organic cannabis products, vertically integrated through its subsidiary Rubicon Holdings Corp [12]. - The company focuses on profitability through its premium cannabis flower and brand management, featuring brands like Simply Bare™ Organic and Wildflower™ [12][13].
North American Construction Group Ltd. Announces Closing of Private Placement Offering of $225 Million Senior Unsecured Notes
Globenewswire· 2025-05-01 13:41
Core Viewpoint - North American Construction Group Ltd. (NACG) has successfully closed a private placement offering of $225 million in Senior Unsecured Notes with a 7.75% interest rate, maturing on May 1, 2030, to repay existing debt and for general corporate purposes [1][2]. Group 1: Offering Details - The offering consists of $225 million aggregate principal amount of 7.75% Senior Unsecured Notes due May 1, 2030 [1]. - The Notes were sold in Canada under private placement exemptions and were not registered under the U.S. Securities Act, being offered only to qualified institutional buyers [2]. - The offering was underwritten by several financial institutions, including National Bank Financial Inc. and its U.S. affiliates [3]. Group 2: Company Overview - North American Construction Group Ltd. is a leading provider of heavy civil construction and mining services in Australia, Canada, and the U.S., with over 70 years of experience in the mining, resource, and infrastructure construction markets [4].
Rubicon Organics Announces Upsize of Private Placement Offering under the Listed Issuer Financing Exemption
Globenewswire· 2025-04-30 23:00
Core Viewpoint - Rubicon Organics Inc. has increased its non-brokered private placement offering from $3 million to $4.5 million due to strong market demand, aiming to raise funds for growth initiatives and capital investments [1][6]. Group 1: Offering Details - The offering will consist of up to 10,227,272 units priced at $0.44 per unit, with potential gross proceeds of up to $4.5 million [1]. - Each warrant allows the holder to acquire one common share at $0.70 for 24 months, with an accelerated expiry option if the share price exceeds $1.00 for 20 consecutive trading days [1]. - The offering is made under the listed issuer financing exemption and will not be subject to a hold period under Canadian securities laws [2]. Group 2: Use of Proceeds - Net proceeds from the offering will be allocated for the start-up and acquisition costs of the Hope Facility, pre-roll automation, capital investments, and general working capital [5]. - If the acquisition of the Hope Facility does not occur, proceeds may be redirected to other projects or future facility acquisitions [5]. Group 3: Company Overview - Rubicon Organics is a licensed producer focused on organic certified and premium cannabis products, with a vertically integrated business model [9]. - The company aims for industry-leading profitability through its premium cannabis flower and brand portfolio, which includes flagship brands such as Simply Bare™ Organic and 1964 Supply Co™ [9][10].
Eloro Resources Announces $2,500,000 Non-Brokered Private Placement Offering
Globenewswire· 2025-04-30 21:50
Core Viewpoint - Eloro Resources Ltd. is conducting a non-brokered private placement offering of up to 2,631,579 units at a price of C$0.95 per unit, aiming for gross proceeds of up to C$2,500,000 [1][3]. Group 1: Offering Details - 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 an exercise price of C$1.40 within 36 months from the closing date [2]. - The offering is scheduled to close on May 2, 2025, subject to necessary approvals, including from the Toronto Stock Exchange [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for the exploration and development of the Iska Iska project, as well as for general corporate purposes and working capital [3]. Group 3: Company Overview - Eloro Resources Ltd. is an exploration and mine development company with properties in Bolivia, Peru, and Québec, including a 100% interest in the Iska Iska Property, a polymetallic epithermal-porphyry complex [6]. - The company also holds an 82% interest in the La Victoria Gold/Silver Project located in Peru [6].
North American Construction Group Ltd. Announces Pricing of Private Placement Offering of $225 Million Senior Unsecured Notes
Globenewswire· 2025-04-25 12:00
Core Points - North American Construction Group Ltd. (NACG) announced a private placement offering of $225 million aggregate principal amount of 7.75% Senior Unsecured Notes due May 1, 2030 [1] - The Notes will accrue interest at a rate of 7.75% per annum, with semi-annual payments starting November 1, 2025 [1] - The net proceeds from the Offering will be used to repay existing indebtedness and for general corporate purposes [2] Offering Details - The Notes are being conditionally offered for sale in Canada and are not registered under the U.S. Securities Act [3] - The Offering is led by National Bank Financial Inc. and several other financial institutions, with expected closing on or about May 1, 2025 [4] Company Overview - NACG is a premier provider of heavy civil construction and mining services in Australia, Canada, and the U.S., with over 70 years of experience in the mining, resource, and infrastructure construction markets [6]