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Mangoceuticals, Inc. Announces $2.5 Million Registered Direct and Private Placements Priced at the Market Under Nasdaq Rules
Globenewswire· 2025-12-18 13:30
Core Viewpoint - Mangoceuticals, Inc. has entered into agreements for a registered direct offering and a concurrent private placement, expecting to raise approximately $2.5 million in gross proceeds [1][3]. Group 1: Offering Details - The transactions involve the sale of 1,930,502 Common Units, each consisting of one share of Common Stock or one Pre-Funded Warrant and one PIPE Common Warrant at an exercise price of $1.4245 [2]. - The offering price per Common Unit is set at $1.295, while the Pre-Funded Unit is priced at $1.29499, accounting for a minimal exercise price of $0.00001 per Pre-Funded Warrant [2]. - The Pre-Funded Warrants are immediately exercisable and can be exercised at any time until fully exercised [2]. Group 2: Use of Proceeds - The net proceeds from the offerings, along with existing cash, are intended for general corporate purposes and working capital [3]. Group 3: Legal and Regulatory Information - Aegis Capital Corp. is the exclusive placement agent for the offerings, and Lucosky Brookman LLP is acting as counsel to the Company [4]. - The registered direct offering is made under an effective shelf registration statement previously filed with the SEC [4]. - The securities in the private placement are not registered under the Securities Act and are offered only to accredited investors [5]. Group 4: Company Overview - Mangoceuticals, Inc. focuses on developing health and wellness products via a secure telemedicine platform, particularly in men's health sectors such as erectile dysfunction, hair growth, hormone replacement therapies, and weight management [8]. - The telemedicine platform allows consumers to request prescriptions, which are reviewed by a physician and fulfilled through a partner compounding pharmacy [9].
GoldQuest Announces Upsizing of Private Placement
TMX Newsfile· 2025-12-18 12:00
Vancouver, British Columbia--(Newsfile Corp. - December 18, 2025) - GoldQuest Mining Corp. (TSXV: GQC) (OTCQX: GDQMF) ("GoldQuest" or the "Company") is pleased to announce that due to significant interest, the Company intends to increase the size of its previously announced non-brokered private placement (the "Private Placement"). The Private Placement will now be comprised of an aggregate of up to 34,710,743 units of the Company (the "Units") at a price of $1.21 per Unit, for aggregate gross proceeds of u ...
Legend Power Systems Announces Non-Brokered Private Placement Pursuant to The Listed Issuer Financing Exemption
TMX Newsfile· 2025-12-18 12:00
Core Viewpoint - Legend Power Systems Inc. is conducting a non-brokered private placement to raise between CAD$1,333,333 and CAD$1,702,320 through the issuance of units priced at CAD$0.12 each, with the offering expected to close by January 31, 2026 [1][4]. Group 1: Offering Details - The private placement will consist of a minimum of 11,111,111 units and a maximum of 14,186,000 units, with each unit comprising one common share and one common share purchase warrant [1][2]. - Each warrant allows the holder to acquire an additional common share at an exercise price of CAD$0.12 for a period of 36 months from issuance [2]. - The offering is subject to the LIFE Exemption and will not have a statutory hold period under applicable Canadian securities laws, with certain limitations [2][4]. Group 2: Financial Aspects - The company may pay fees of up to 5.0% in cash commissions on total proceeds to eligible finders, along with issuing non-transferable finder's warrants equal to up to 3.0% of total units issued [3]. - The net proceeds from the offering will primarily be used for operating expenses, material purchases, and general working capital [4]. Group 3: Company Overview - Legend Power Systems Inc. provides an intelligent energy management platform that addresses building energy challenges, enhancing asset management and corporate performance [6]. - The company's solutions aim to reduce total energy consumption and power costs while maximizing the lifespan of electrical equipment, contributing to corporate sustainability efforts [6]. Group 4: Product Information - SmartGATE is a turnkey solution offered by the company that identifies and resolves inefficiencies in commercial electrical systems, enhancing energy performance while reducing costs and emissions [7]. - The SmartGATE system operates after the meter, providing full voltage regulation and optimizing power for improved performance [7].
Goldflare Announces Its Reinstatement to Trading Along with Other Updates
TMX Newsfile· 2025-12-18 02:55
Core Points - Goldflare Exploration Inc. is set for reinstatement following a review by the AMF and TSX Venture Exchange [1] Group 1: Acquisition and Financial Updates - Goldflare accepted a purchase offer from Multi-Ressources Boréal for its Duplessis-Agar and Duplessis-Mountain properties valued at CAD $250,000, payable in cash over three installments [1] - The company corrected a previous press release regarding a private placement, which raised $15,000 at a price of $0.045 per unit, totaling 333,334 units, with no insider participation [1] - Goldflare reported a working capital deficiency of $350,203 in its interim financial statements for the three months ended May 31, 2025, but plans to raise capital through private placements post-reinstatement [1] Group 2: Market Making and Compliance - Goldflare retained Venture Liquidity Providers Inc. for market-making services, paying CAD $5,000 per month for an initial three-month period, which was terminated on January 10, 2025 [1] - The company has not held an Annual General Meeting since August 21, 2024, and is required to hold one within 90 days of reinstatement, scheduled for March 6, 2026 [1] - The largest creditor, Orbit Garant, may accept payment in shares if the company's financial situation allows, contingent on reinstatement [1]
Kalaris Therapeutics Announces Oversubscribed $50.0 Million Private Placement
Globenewswire· 2025-12-17 22:59
Core Points - Kalaris Therapeutics, Inc. has entered into a securities purchase agreement for a private placement, aiming to raise approximately $50.0 million before expenses [1][3] - The private placement includes participation from both new and existing institutional investors [2] - Kalaris plans to use the net proceeds to fund the clinical development of TH103 for neovascular AMD and for general corporate purposes [4] Financial Details - The private placement involves the sale of 4,200,000 shares of common stock at $10.00 per share and pre-funded warrants for 800,000 shares at $9.9999 each [3] - The pricing of the securities reflects a premium over the closing price of Kalaris' common stock over the previous five trading days [3] - The transaction is expected to close on or about December 19, 2025, pending customary closing conditions [3] Company Background - Kalaris Therapeutics is focused on developing treatments for prevalent retinal diseases and was founded by Dr. Napoleone Ferrara, known for his work in anti-VEGF therapy [8]
Sierra Madre Announces Agreement to Acquire the Del Toro Silver Mine from First Majestic Silver and Concurrent $50 Million Offering of Subscription Receipts
TMX Newsfile· 2025-12-17 21:50
Core Viewpoint - Sierra Madre Gold and Silver Ltd. has announced the acquisition of the Del Toro Silver Mine from First Majestic Silver Corp. for up to US$60 million, marking a significant expansion of its portfolio in Mexico [1][2]. Transaction Overview - The acquisition includes a 100% interest in the 2,129-hectare Del Toro Property, which features three fully permitted underground mines and a flotation processing circuit with a capacity of 3,000 tonnes per day [2][9]. - The transaction is subject to approvals from the TSXV, Mexican Antitrust authorities, and disinterested shareholder approval [6][11]. Financial Details - The total consideration for the acquisition includes US$20 million in cash, US$10 million in Sierra Madre shares at closing, and additional contingent payments based on future milestones [9][18]. - A private placement offering of up to $50 million in subscription receipts is planned to fund the transaction and subsequent exploration activities [20][27]. Strategic Rationale - The acquisition aligns with Sierra Madre's business model of acquiring mines with existing production facilities and significant exploration potential [3][4]. - The Del Toro mine is expected to replicate the successful restart achieved at the La Guitarra mine, with plans to commence the mine restart process in mid-2027 and potential production by mid-2028 [3][4]. Exploration Plans - Initial exploration plans for Del Toro include a drill program of approximately 50,000 meters, leading to an updated Mineral Resource Estimate by early 2028 [4][9]. - High-priority exploration targets include Carbonate Replacement Deposits and skarn mineralization similar to nearby operations [4][16]. Historical Production Data - The Del Toro mine previously produced an average of 2.54 million ounces of silver equivalent annually from 2015 to 2018, with significant historical mineral resources identified [13][18]. - The site includes three underground mines with over 62.5 km of development and a fully operational processing plant [9][14].
Thunder Gold Upsizes Private Placement of Flow-Through Units to $2.15 Million
TMX Newsfile· 2025-12-17 13:30
Core Viewpoint - Thunder Gold Corp. has increased its non-brokered private placement of flow-through units to meet investor demand, aiming for gross proceeds of approximately C$2,150,000 to fund exploration at its Tower Mountain Gold Property [1][3]. Group 1: Private Placement Details - The private placement will consist of up to 28,666,667 flow-through units priced at $0.075 each, with proceeds allocated for exploration and qualifying Canadian expenses [1]. - Each flow-through unit includes one common share and one-half of a common share purchase warrant, with the warrant exercisable for an additional common share at $0.10 for 18 months [2]. - The expected closing date for the private placement is around December 19, 2025, pending approval from the TSX Venture Exchange [3]. Group 2: Financial Aspects - The company may pay finders' fees of up to 6% of the gross proceeds raised under the private placement [4]. - The securities issued will not be registered under the U.S. Securities Act and cannot be sold to U.S. persons without compliance [5]. Group 3: Tower Mountain Gold Property - The Tower Mountain Gold Property spans 2,500 hectares and is located near Thunder Bay, Ontario, featuring significant geological characteristics conducive to gold discovery [7]. - Drilling has revealed anomalous gold extending over 500 meters along a 1,500-meter strike length, indicating a promising exploration opportunity [7]. Group 4: Company Overview - Thunder Gold Corp. is a junior exploration company focused on gold discovery in Canada, emphasizing its commitment to exploring its mineral properties [8].
Trulieve Announces Closing of US$140 Million Private Placement of 10.5% Senior Secured Notes
Prnewswire· 2025-12-17 13:15
TALLAHASSEE, Fla., Dec. 17, 2025 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., today announced the closing of a private placement of 10.5% Senior Secured Notes due 2030 (the "Notes") for aggregate gross proceeds of US$140.0 million (the "Offering"). The size of the Offering was increased given market demand for the Notes. The Notes were issued at 100% of face value and are senior secured obligatio ...
Mayo Lake Minerals Sells Property in The Yukon to Banyan Gold for $1,000,000
TMX Newsfile· 2025-12-17 12:55
Core Viewpoint - Mayo Lake Minerals Inc. has successfully sold its Trail-Minto Property for $1,000,000 to Banyan Gold Ltd, which will enhance its financial position and allow for an aggressive exploration program in 2026 on its remaining properties in the Mayo-Keno area [2][8]. Financial Transactions - The sale of the Trail-Minto Property will provide Mayo with $1,000,000 in cash, which is intended to be used for debt repayment and general working capital [2][4]. - Mayo has closed the first tranche of a private placement totaling $300,000, consisting of common share units and flow-through units priced at $0.05 each [6][10]. Exploration Plans - The company plans to initiate an exploration program in 2026, focusing on defining gold targets within the Anderson Gold Trend and trenching the Carlin West and AJ targets [11]. - Mayo retains 100% ownership of three highly prospective properties totaling 145.6 sq. km in the Mayo-Keno area, which is known for its Intrusion Related Gold Systems [3][4]. Property Details - The Trail-Minto Property sale includes a 2% Net Smelter Return (NSR), with Banyan having the option to buy back 1% of the NSR for $1,000,000 [2][8]. - The Mayo-Keno area has seen increased exploration activity, with significant resources reported by other companies in the region, including Banyan Gold and Sitka Gold [3][8]. Future Opportunities - The financial relief from the sale allows Mayo to pursue additional advanced properties in the northern Yukon and Alaska, which were previously unattainable due to financial constraints [4][8]. - The company aims to leverage the funds from the private placement and property sale to enhance its exploration capabilities and potentially acquire more valuable projects [8][11].
Xali Gold to Close First Tranche of Private Placement December 19, 2025
Globenewswire· 2025-12-17 12:00
Not for dissemination in the United States or for distribution to U.S. Newswire Services VANCOUVER, British Columbia, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Xali Gold Corp. (TSXV:XGC) (“Xali Gold” or the “Company”) is pleased to announce that it plans to close the first tranche of the previously announced non–brokered private placement (the “Private Placement”) on December 19th, 2025, raising approximately C$1 Million. A second tranche of approximately C$0.5 Million is planned to close on or about Tuesday, Decem ...