Private Placement Offering
Search documents
Record Resources Announces Upsize of Offering to $1.8 Million to Advance Strategic Growth Initiatives in Gabon, Africa
Newsfile· 2025-12-08 20:30
Core Viewpoint - Record Resources Inc. has increased its brokered private placement offering from $500,000 to $1.8 million due to strong investor demand, aimed at advancing strategic growth initiatives in Gabon, Africa [1] Group 1: Offering Details - The offering will consist of $1.4 million in units issued on a prospectus-exempt basis and $400,000 in units under a private placement [1] - Each unit will include one common share and one-half of a common share purchase warrant, with the warrant allowing the purchase of one common share at an exercise price of $0.09 for 30 months [2] - The closing of the offerings is expected around the week of December 22, 2025, subject to regulatory approvals [8] Group 2: Use of Proceeds - Net proceeds from the offerings will be utilized to support strategic growth plans in Gabon, along with working capital and general corporate purposes related to existing oil development and exploration assets [3] Group 3: Agent and Commissions - Research Capital Corporation is the sole agent and bookrunner for the offering, with an option to increase the private placement by up to $100,000 [4] - The agent will receive an 8% cash commission on the gross proceeds and broker warrants equal to 8% of the units sold [9]
Sendero Resources Completed $4.06 Million Brokered Financing
Thenewswire· 2025-12-03 18:10
Core Viewpoint - Sendero Resources Corp. successfully closed a private placement offering, raising gross proceeds of $4,066,050 through the sale of 4,280,053 common shares at a price of $0.95 per share, which positions the company for future exploration activities [1][2][3] Financing Details - The offering was led by Stifel Nicolaus Canada Inc. as the sole agent and bookrunner, and included a partial exercise of the Agent's Option, resulting in additional gross proceeds of $57,050 from the sale of 60,053 shares [1][4] - The company paid a cash commission of $284,624 to the agent, representing 7% of the total gross proceeds, and issued 299,603 share purchase warrants to the agent [5] Use of Proceeds - The net proceeds from the offering will be utilized to fund exploration work at the Peñas Negras project, as well as for general administrative expenses and corporate purposes [6] Project Overview - Sendero Resources is focused on copper-gold exploration at its 100% owned Peñas Negras Project located in the Vicuña Belt, Argentina, which has identified multiple geological targets similar to other deposits in the region [9] - The Peñas Negras project area covers 211.77 km² and is strategically located near significant mining operations, enhancing its exploration potential [9]
Upexi, Inc. Announces Pricing of up to $23 Million Private Placement Offering of Common Stock and Warrants Priced above the At-the-Market Price under Nasdaq Rules
Globenewswire· 2025-11-26 13:00
Core Points - Upexi, Inc. has entered into a securities purchase agreement with an institutional investor for the sale of 3,289,474 shares of common stock and warrants to purchase an equal number of shares at a combined purchase price of $3.04, which is a 1.3x premium to the Company's NAV [1][2] - The offering is expected to close around December 1, 2025, with gross proceeds of approximately $10 million and potential additional proceeds of up to $13 million from the exercise of the warrants [2] - The funds will be used for working capital, general corporate purposes, and a strategy focused on maximizing returns from Solana (SOL) [2][6] Company Overview - Upexi, Inc. is a digital asset treasury company focused on acquiring and holding Solana (SOL) while also being involved in the development, manufacturing, and distribution of consumer products [6] - The company currently holds over two million SOL and employs strategies such as intelligent capital issuance, staking, and discounted locked token purchases to enhance value [6]
Terra Clean Closes $2.5 Million Life Offering
Thenewswire· 2025-11-05 12:30
Core Points - Terra Clean Energy Corp. has successfully closed a non-brokered private placement offering, issuing 17,641,293 units for gross proceeds of $2,469,781.02 [1] - Each unit consists of one common share and one-half of a common share purchase warrant, with warrants exercisable at C$0.17 for 36 months [1] - The net proceeds will be used for the purchase price of Utah claims, future exploration and development costs, and general working capital [2] Offering Details - The offering was conducted under the Listed Issuer Financing Exemption, allowing the units to be issued without a hold period under Canadian securities laws [3] - Finders' fees included total cash of $116,359.60 and 831,140 non-transferrable finder warrants, exercisable at C$0.14 for 36 months [4] Company Overview - Terra Clean Energy Corp. is a Canadian-based uranium exploration and development company, currently developing the South Falcon East uranium project with a resource of 6.96 million pounds of inferred uranium [6] - The company also has interests in past producing uranium mines in Utah, United States [6]
Apollo Silver Closes Initial $25 Million Tranche of Private Placement Offering
Globenewswire· 2025-10-23 01:01
Core Viewpoint - Apollo Silver Corp. has successfully closed the first tranche of its upsized non-brokered private placement, raising gross proceeds of $25,134,145 through the issuance of 6,981,707 units at a price of $3.60 per unit, with a total offering amount of $26,775,648 expected to be completed shortly [1][3]. Group 1: Offering Details - The first tranche consists of 6,981,707 units, with each unit comprising one common share and one common share purchase warrant, exercisable at $5.50 for 24 months [2]. - The offering includes an acceleration provision for the warrants, allowing the company to expedite their expiry if the share price exceeds $7.50 for ten consecutive trading days [2]. - The company will pay finder's fees totaling $826,549 in connection with the first tranche, payable in cash and/or units to various financial institutions [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to advance the Calico Silver Project in California, support community relations at the Cinco de Mayo Silver Project in Mexico, cover ongoing property maintenance costs, and for general corporate purposes [3]. Group 3: Insider Participation - Certain insiders participated in the offering, acquiring a total of 405,557 units for gross proceeds of $1,460,005.20, which is classified as a related party transaction [4]. Group 4: Company Overview - Apollo Silver Corp. is advancing one of the largest undeveloped primary silver projects in the U.S., the Calico project, which hosts a significant silver deposit along with barite and zinc credits [6]. - The company also holds an option on the Cinco de Mayo Project in Mexico, known for its high-grade carbonate replacement deposit [6].
PesoRama Announces LIFE Offering and Concurrent Private Placement Offering
Newsfile· 2025-10-20 12:00
Core Viewpoint - PesoRama Inc. is initiating a LIFE Offering and a Concurrent Private Placement to raise funds for store expansion and working capital, with a total potential gross proceeds of up to $5,000,000 [1][8]. LIFE Offering - The LIFE Offering will consist of up to 14,000,000 units priced at $0.25 each, aiming for gross proceeds of up to $3,500,000 [2]. - Each unit includes one common share and half a warrant, with warrants exercisable at $0.40 for 18 months [2]. - The offering will be available in all Canadian provinces except Québec, and in the U.S. under certain exemptions [3]. Concurrent Private Placement - The Concurrent Private Placement will issue up to 6,000,000 units at the same price, targeting gross proceeds of up to $1,500,000 [5]. - Units may be offered to Canadian residents and in the U.S. under applicable exemptions [5][7]. Use of Proceeds - The net proceeds from both offerings will be utilized for store expansion and working capital [8]. Closing Date - The expected closing date for the offerings is around November 6, 2025, subject to necessary approvals [8]. Fees and Compensation - Canaccord Genuity Corp. may receive a cash fee of up to 6.0% of gross proceeds and additional advisory fees, along with non-transferable warrants [9]. - For investors not introduced by Canaccord, the fees will be reduced to 2.0% and 3.0% respectively [9]. Insider Participation - Insiders may participate in the offerings, with units issued to them subject to a four-month hold period [10]. - The participation will be considered a related party transaction, relying on exemptions from formal valuation and minority shareholder approval requirements [10]. Company Overview - PesoRama operates dollar stores in Mexico under the JOi Dollar Plus brand, focusing on high-density locations and offering a variety of merchandise [13].
Ares Strategic Mining Announces LIFE Private Placement Offering to raise up to $10,000,000.
Thenewswire· 2025-10-10 20:20
Core Points - Ares Strategic Mining Inc. is conducting a non-brokered private placement offering of up to 22,222,222 units at a price of $0.45 per unit, aiming for gross proceeds of up to $10,000,000 [1][4] - Each unit consists of one common share and one-half of a non-transferable common share purchase warrant, with the warrant exercisable at $0.55 per share for two years [2] - The net proceeds from the offering will be used for general working capital and repayment of outstanding debts [4] Offering Details - The offering will be available to purchasers in all Canadian provinces except Quebec, under the Listed Issuer Financing Exemption, which allows for no resale restrictions for Canadian residents [5] - The offering is expected to close in one or more tranches, with the final tranche anticipated to close within 45 days, subject to regulatory approvals [6] - Securities sold in connection with the offering will not be registered under the U.S. Securities Act and cannot be offered or sold in the U.S. without registration or an exemption [7] Additional Information - An offering document is available for prospective investors to review before making investment decisions [3] - Finders' fees may be paid to eligible persons for certain subscriptions accepted by the company [4] - The company is not obligated to update forward-looking information unless required by applicable securities laws [11]
North American Construction Group Ltd. Announces Offering and Pricing of Reopening of $125 Million Senior Unsecured Notes - North American Const Gr (NYSE:NOA)
Benzinga· 2025-10-07 23:00
Core Points - North American Construction Group Ltd. (NACG) has entered into an underwriting agreement to sell an additional $125 million of its 7.75% senior unsecured notes due May 1, 2030, as part of a private placement offering [1][2] - The total outstanding amount of these notes, including the initial issuance of $225 million on May 1, 2025, will reach $350 million after the closing of the offering [1][3] - The notes will be issued at a price of 103% of their face value, with a yield to worst of 6.778% [2] Financial Details - The net proceeds from the offering will be used to repay existing indebtedness and for general corporate purposes [3] - The offering is expected to close on or about October 22, 2025, subject to customary closing conditions [3] Regulatory Information - The notes are being offered on a private placement basis in Canada and are not registered under the U.S. Securities Act, being sold only to qualified institutional buyers [4]
Apollo Silver Announces Upsize of Private Placement Offering
Globenewswire· 2025-10-03 20:56
Core Viewpoint - Apollo Silver Corp. has announced an increase in its non-brokered private placement offering due to strong investor demand, now offering up to 7,437,680 units at a price of $3.60 per unit, aiming for gross proceeds of up to $26,775,648 [1][2] Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one share at an exercise price of $5.50 for 24 months from the closing date [2] - The warrants include an acceleration provision, allowing the company to expedite their expiry if the share price exceeds $7.50 for ten consecutive trading days [2] - All securities issued will be subject to a four-month hold period from the closing date, and finder’s fees may apply [2] Use of Proceeds - The net proceeds from the offering will be used to advance the Calico Silver Project in California, support community relations at the Cinco de Mayo Silver Project in Mexico, cover ongoing property maintenance costs, and for general corporate purposes [2] Insider Participation - The offering will include participation from certain insiders, qualifying as a related party transaction, exempt from formal valuation and minority shareholder approval requirements [4] Company Overview - Apollo Silver is advancing one of the largest undeveloped primary silver projects in the U.S., the Calico project, which has a significant silver deposit and barite credits [6] - The company also holds an option on the Cinco de Mayo Project in Mexico, known for its high-grade carbonate replacement deposit [6]
Silver Crown Royalties Announces Upsize of Previously Announced Life Offering to $3M Led by Centurion One Capital and Filing of Third Amended and Restated Offering Document
Thenewswire· 2025-10-01 07:00
Core Viewpoint - Silver Crown Royalties Inc. has announced an upsized private placement offering due to strong investor demand, increasing the number of units from 454,545 to 545,454 at an issue price of $5.50 per unit, aiming for gross proceeds of approximately $3,000,000 [2][5]. Group 1: Offering Details - The offering consists of units, each comprising one common share and one common share purchase warrant, with the warrant allowing the purchase of one share at $8.25 for 36 months [3]. - The offering is led by Centurion One Capital Corp. as the lead agent and sole bookrunner, with an amended offering document filed for investor access [4]. - An option for the lead agent to sell an additional 81,818 units is included, potentially raising an extra $450,000 [5]. Group 2: Use of Proceeds - The net proceeds from the offering are intended for purchasing additional royalties and general working capital [5]. Group 3: Insider Participation - Certain insiders and the lead agent may acquire up to 25% of the offering, which will be considered a related party transaction but is expected to be exempt from formal valuation and minority shareholder approval requirements [6]. Group 4: Regulatory and Closing Information - The offering is expected to close around October 3, 2025, subject to necessary approvals, including those from the Cboe and shareholder consent [8]. - The units will be offered through a private placement under specific exemptions from registration requirements in Canada and the U.S. [9].