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Adamera Repricing Private Placement
Thenewswire· 2025-12-16 21:50
Core Viewpoint - Adamera Minerals Corp. has repriced its private placement to raise up to $724,000, which will be used for working capital and exploration drilling on its gold projects in Washington State and British Columbia [1][3]. Financing Details - The financing consists of two components: 1. Up to 9,164,000 Units at $0.055 per Unit for gross proceeds of $504,020, each unit comprising one common share and one common share purchase warrant, with warrants exercisable at $0.12 for two years [3]. 2. Up to 3,385,000 flow-through units ("FT Units") at $0.065 per unit for gross proceeds of $220,025, each FT Unit consisting of one common share and one-half common share purchase warrant, with full warrants also exercisable at $0.12 for two years [3]. Use of Proceeds - Proceeds from the unit financing will be allocated to working capital and exploration drilling on the Company's gold projects in Washington State, while flow-through funds will be directed towards qualifying Canadian exploration expenditures on newly identified gold, copper, and zinc prospects in the South Hedley Project [3]. Regulatory Compliance - All securities issued under the financing will be subject to a statutory hold period of four months and one day from the date of issuance and remain subject to the approval of the Exchange [1][2].
Palamina Completes Oversubscribed $2.7M Private Placement
TMX Newsfile· 2025-12-16 21:30
Toronto, Ontario--(Newsfile Corp. - December 16, 2025) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) ("Palamina" or the "Company") has closed the second tranche of its non-brokered private placement offering (the "Offering") announced on October 9, 2025. On the second tranche Palamina raised a further $1,095,625 and issued an additional 8,765,000 units (the "Units") at a price of $0.125 per Unit. Each Unit consists of one common share ("Common Share") and one warrant (each a "Warrant"). Each whole Warrant is ...
Asante Gold Increases Previously Announced Bought Deal Private Placement to C$156 Million
Globenewswire· 2025-12-16 16:13
Not for distribution to United States news wire services or for dissemination in the United States VANCOUVER, British Columbia, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Asante Gold Corporation (TSX-V: ASE | GSE: ASG | OTCQX: ASGOF) ("Asante" or the "Company") is pleased to announce that it has entered into an agreement with BMO Capital Markets ("BMO"), pursuant to which BMO has agreed to act as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters (together with BMO, the "Underwriters"), t ...
SONORO GOLD ANNOUNCES FULLY-COMMITTED $4 MILLION PRIVATE PLACEMENT
Globenewswire· 2025-12-16 13:00
“THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.”VANCOUVER, Canada, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) (“Sonoro” or the “Company”) is pleased to announce a fully-committed non-brokered private placement offering (the "Offering") consisting of 20,000,000 units (the “Units”) at a price of CAD $0.20 per Unit, for gross proceeds of CAD $4,000,000. Each Unit w ...
Condor Energies Announces Upsize of Brokered Financing to $12 Million to Accelerate the 12 Well Drilling Program in Uzbekistan
Globenewswire· 2025-12-16 13:00
Core Viewpoint - Condor Energies Inc. has announced an increase in its brokered private placement of convertible debentures due to strong demand, aiming for gross proceeds of up to $12,000,000 [1] Group 1: Offering Details - The convertible debentures have a principal value of $1,000, convertible into common shares at a conversion price of $2.00 per share, maturing in 36 months [2] - The offering includes an Over-Allotment Option allowing an increase of up to 15% in size, exercisable by the agents prior to closing [3] - The offering is expected to close around the week of December 22, 2025, subject to regulatory approvals [6] Group 2: Use of Proceeds - Net proceeds from the offering will be utilized to accelerate development activities in Uzbekistan, including mobilizing a second drilling rig for a planned 12 well drilling program in 2026 and for in-field compression facilities [4] Group 3: Financial Terms - The convertible debentures will accrue interest at 12% per annum, payable semi-annually in cash, and will be repaid in cash at maturity [2] - The company will pay agents a cash commission of 6% of gross proceeds, with a reduced commission for certain orders, and issue broker warrants equal to 3% of common shares issuable upon conversion [7]
Asante Gold Announces C$125 Million Bought Deal Private Placement, C$13.8 Million Non-Brokered Private Placement, Access to US$30 Million Senior Debt Accordion
Globenewswire· 2025-12-16 12:52
Core Viewpoint - Asante Gold Corporation has announced a bought deal private placement to raise C$125 million through the issuance of 78,125,000 common shares at C$1.60 per share, with an additional option for underwriters to purchase up to 11,718,750 shares for C$18.75 million [1][2]. Group 1: Offering Details - The Brokered Offering is expected to close around January 6, 2026, subject to regulatory approvals [3]. - The common shares will be offered through private placements in Canada, the U.S., and other jurisdictions, adhering to applicable laws [4]. - The shares issued will be subject to a four-month statutory hold period under Canadian securities laws [4]. Group 2: Non-Brokered Offering - The company has also entered into a non-brokered private placement with its Executive Chairman, Malik Easah, to sell 8,625,000 common shares for gross proceeds of C$13.8 million [5]. - This Non-Brokered Offering is anticipated to close on or about January 31, 2026, also subject to regulatory approvals [6]. Group 3: Related Party Transaction - The Non-Brokered Offering is classified as a "related party transaction" under Multilateral Instrument 61-101, but the company is exempt from formal valuation and minority shareholder approval requirements [7]. Group 4: Accordion Feature - The company has reached an agreement to access an accordion feature under its senior debt facility to increase total commitments by US$30 million, with closing expected to coincide with the Offering [10]. - Completion of the Accordion is contingent upon raising at least US$90 million through equity by January 15, 2026, and meeting certain liquidity and performance tests [10]. Group 5: Company Overview - Asante Gold Corporation is engaged in gold exploration, development, and operations, with a portfolio that includes the Bibiani and Chirano Gold Mines in Ghana [11]. - The company is also exploring additional projects in Ghana's Golden Triangle region [11].
Bayridge Announces Non-Brokered Private Placement
TMX Newsfile· 2025-12-16 11:00
Vancouver, British Columbia--(Newsfile Corp. - December 16, 2025) - Bayridge Resources Corp. (CSE: BYRG) (OTCQB: BYRRF) (FSE: O0K0) ("Bayridge" or the "Company") announces that it intends to complete a non-brokered private placement for gross proceeds of up to $830,000 ("Private Placement"), consisting of two parts: Up to 2,000,000 flow-through units ("FT Units") at a price of $0.25 per FT Unit, with each FT Unit consisting of one flow-through common share and one-half of one common share purchase warrant ...
Azincourt Energy Announces Amendments to Private Placement Under the Listed Issuer Financing Exemption (LIFE) and Share Consolidation
TMX Newsfile· 2025-12-15 23:33
Core Points - Azincourt Energy Corp. is conducting a non-brokered private placement offering a minimum of 15,000,000 units and up to 30,000,000 units at a price of $0.05 per unit, aiming for gross proceeds between approximately $750,000 and $1,500,000 [1] - The company plans to file an amended and restated offering document that will include details on an amended share consolidation and revised finder's fee terms [1] - The board has authorized a consolidation of the company's common shares on a one-for-six basis, reducing the outstanding shares from approximately 516,358,032 to about 86,059,672 after consolidation [2] - Azincourt Energy specializes in the acquisition, exploration, and development of alternative energy projects, focusing on uranium, lithium, and other critical clean energy elements [3]
Stillwater Critical Minerals Announces Upsize of Bought Deal LIFE Private Placement for Gross Proceeds of C$15 Million
Accessnewswire· 2025-12-15 15:35
Core Viewpoint - Stillwater Critical Minerals Corp. has successfully increased its "bought deal" private placement from gross proceeds of C$10,000,400 to C$15,000,140 due to strong investor demand [1] Group 1: Offering Details - The upsized offering will consist of 32,609,000 units priced at C$0.46 per unit, with each unit comprising one common share and one-half of a common share purchase warrant [1][2] - Each warrant allows the holder to purchase one common share at a price of C$0.64 within 36 months following the closing date [2] - The underwriters have an option to purchase an additional 4,348,000 units for up to C$2,000,080 in gross proceeds [3] Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for the exploration and advancement of the Stillwater West Ni-PGE-Cu-Co+Au project in Montana, as well as for general corporate purposes and working capital [4] Group 3: Regulatory and Closing Information - The offering is subject to regulatory approvals, including the approval of the TSX Venture Exchange, and is scheduled to close on or about December 30, 2025 [7]
Freeport Resources Announces Closing of Second Tranche of Private Placement
TMX Newsfile· 2025-12-15 14:15
Vancouver, British Columbia--(Newsfile Corp. - December 15, 2025) - Freeport Resources Inc. (TSXV: FRI) (OTCQB: FEERF) (FSE: 4XH) ("Freeport Resources" or the "Company") is pleased to announce that, further to its news releases of October 15, 2025 and December 11, 2025, the Company has closed the second tranche of a non-brokered private placement through the issuance of 24,099,999 units (each, a "Unit") at a price of $0.03 per Unit for aggregate gross proceeds of approximately $723,000 (the "Second Tranche ...