Private Placement
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Micromem Announces Proposed Private Placement and Option Grant
TMX Newsfile· 2025-12-31 21:15
Core Viewpoint - Micromem Technologies Inc. is proceeding with a non-brokered private placement to raise up to CAD $330,000 for working capital and debt settlement, with each unit priced at CAD $0.05 and including a warrant exercisable at CAD $0.06 for one year [1] Group 1: Private Placement Details - The private placement will consist of common share units priced at CAD $0.05 per unit, with a total offering of up to CAD $330,000, subject to a 50% discretionary increase [1] - Each unit includes one common share and one warrant, which can be exercised at CAD $0.06 per share for a period of one year [1] - The proceeds from the private placement will be used for working capital and debt settlement, and all securities issued will be subject to a four-month hold period [1] Group 2: Stock Options Grant - The company has granted 5,900,000 options to purchase common shares, which are immediately vested and exercisable for five years at an exercise price of CAD $0.05 per share [2] - These options are granted to directors, officers, and employees as a replacement for options that expired in November 2025 [2] - The grant of options is subject to compliance with Canadian Securities Exchange requirements [2] Group 3: Company Overview - Micromem Technologies Inc. focuses on analyzing specific industry sectors to create innovative applications that meet market needs [4] - The company leverages its expertise in sophisticated sensor applications to develop solutions for various industries, including oil & gas, utilities, automotive, healthcare, and information technology [4]
Prismo Metals Announces Closing of Private Placement
Thenewswire· 2025-12-31 18:55
Core Viewpoint - Prismo Metals Inc. has successfully completed an upsized closing of its non-brokered private placement, raising a total of $2,204,000 through the issuance of 22,040,000 units, with plans to fund a drilling program at the Silver King project [1][2]. Group 1: Private Placement Details - The recent closing involved the issuance of 2,940,000 units at an issue price of $0.10 per unit, generating gross proceeds of $294,000 [1]. - The company had previously announced two closings of the private placement, raising $1,745,000 on November 12, 2025, and $165,000 on December 2, 2025 [2]. - Each unit consists of one common share and one common share purchase warrant, with warrants exercisable at $0.175 for 36 months [3]. Group 2: Use of Proceeds - The net proceeds from the private placement will primarily be allocated for drilling at the Silver King project and for general corporate purposes [4]. - The company anticipates accepting additional subscriptions of approximately $75,000 from new shareholders in the coming days [4]. Group 3: Finder's Warrants and Commissions - In connection with the closing, the company issued 185,200 finder's warrants and paid finder's commissions totaling $18,520 [6]. - Each finder's warrant is exercisable for 24 months at a price of $0.10 [6]. Group 4: Company Overview - Prismo Metals Inc. is focused on advancing its Silver King, Ripsey, and Hot Breccia projects in Arizona, as well as its Palos Verdes silver project in Mexico [8].
Doubleview Gold Corp. Closes Second Tranche of $104,000 Non-Brokered Private Placement
TMX Newsfile· 2025-12-31 13:00
Vancouver, British Columbia--(Newsfile Corp. - December 31, 2025) - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (the "Company" or "Doubleview") is pleased to announce that it has closed the second tranche (the "Second Tranche") of its non-brokered private placement (the "Private Placement") flow-through units (the " FT Units") as previously announced in the Company's news release dated December 17, 2025. The Second Tranche consisted of the issuance of 80,000 Flow Through Units at a price of ...
SONORO GOLD ANNOUNCES CLOSING OF OVERSUBSCRIBED $4.9M PRIVATE PLACEMENT
Globenewswire· 2025-12-31 13:00
VANCOUVER, Canada, Dec. 31, 2025 (GLOBE NEWSWIRE) -- Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) (“Sonoro” or the “Company”) is pleased to announce that it has closed its previously announced oversubscribed, non-brokered private placement of 24,500,000 units (the “Units”) at $0.20 per unit, for gross proceeds of CAD $4,900,000. Each Unit consists of one Sonoro common share and one common share purchase warrant. Each warrant entitles the holder thereof to purchase one additional Sonoro common sh ...
Bravada Announces Increase to Previously-Announced Non-Brokered Private Placement
TMX Newsfile· 2025-12-31 12:45
Core Viewpoint - Bravada Gold Corporation is increasing its private placement to issue up to 40,000,000 units at a price of $0.04 per unit, aiming for gross proceeds of $1,600,000 to fund a Pre-feasibility Study and other operational costs [1][2]. Group 1: Private Placement Details - The private placement will consist of units, each comprising one common share and one share purchase warrant, with warrants exercisable at $0.05 for three years [1]. - An over-allotment option (Greenshoe) will allow for the purchase of up to 10% additional units beyond the initial offering [1]. - The company may pay finders' fees in cash and non-transferable warrants, subject to TSX Venture Exchange policies [3]. Group 2: Use of Proceeds - Approximately 72% of the net proceeds will be allocated to conduct a Pre-feasibility Study of the Wind Mountain gold/silver deposit [2]. - 11% of the proceeds will cover land-holding fees, while approximately 17% will be used for general working capital, with 14% of that amount payable to non-arm's length parties [2]. Group 3: Company Overview - Bravada Gold Corporation is an established exploration and development company with a portfolio of high-quality properties in Nevada, recognized as a top mining jurisdiction [5]. - The company has a substantial gold and silver resource, supported by a positive Preliminary Economic Assessment (PEA) conducted in 2022 on a portion of the Wind Mountain deposit [5]. - Bravada has signed 33 earn-in joint-venture agreements since 2005 and currently holds eight projects with 756 claims across approximately 5,600 hectares in Nevada [6].
Opus One Gold Corporation Announces Closing of a Private Placement of Flow-Through Shares and Units
Globenewswire· 2025-12-30 23:00
Core Viewpoint - Opus One Gold Corporation has successfully closed a non-brokered private placement of flow-through shares and units, raising a total of $2,228,825.31 for exploration and working capital purposes [1]. Group 1: Financial Details - The company issued 21,014,338 flow-through shares for gross proceeds of $1,576,075.35 at a price of $0.075 per share [2]. - Additionally, 10,042,307 units were issued for gross proceeds of $652,749.96 at a price of $0.065 per unit, with each unit consisting of one common share and one warrant [2]. - Each warrant allows the holder to acquire one common share at an exercise price of $0.10 for a period of 24 months following the closing of the offering [2]. Group 2: Use of Proceeds - The gross proceeds from the issuance of flow-through shares will be allocated for exploration on the company's mineral properties [3]. - The net proceeds from the issuance of units will be used for general working capital and payment of fees related to the offering [3]. Group 3: Regulatory and Compliance Information - The offering was conducted under the "accredited investor" exemption in all provinces of Canada, and the securities are subject to a four-month hold period following the closing [4]. - The company paid $67,945 in cash finders fees and issued 870,363 compensation warrants to finders, each exercisable for 24 months at a price of $0.10 per share [5]. Group 4: Related Party Transactions - Patrick Fernet, a director of the company, acquired 300,000 flow-through shares for a total consideration of $22,500, qualifying as a related party transaction [6]. - This transaction is exempt from formal valuation and minority approval requirements as it does not exceed 25% of the company's market capitalization [7]. Group 5: Company Overview - Opus One Gold Corporation is focused on discovering high-quality gold and base metals deposits in strategically located properties within the Abitibi Greenstone Belt, a prolific gold mining area [10].
Viva Gold Closes Oversubscribed Private Placement
Thenewswire· 2025-12-30 22:00
Core Viewpoint - Viva Gold Corp. has successfully completed a non-brokered private placement, raising gross proceeds of CDN$4,183,273 through the issuance of 26,145,456 units, which will be utilized for advancing the Tonopah Gold Project [1][2]. Group 1: Offering Details - The Offering consisted of 26,145,456 units priced at CDN$0.16 each, with each unit comprising one common share and one-half of a non-transferable common share purchase warrant [1]. - Each whole warrant is exercisable at CDN$0.24 per share until December 29, 2028, which is 36 months from issuance [1]. - Insiders acquired 6,490,956 units, qualifying as a "related party transaction" but exempt from formal valuation and minority shareholder approval due to the transaction's size relative to the company's market capitalization [3]. Group 2: Use of Proceeds - The proceeds from the Offering will primarily fund pre-feasibility and feasibility studies at the Tonopah Gold Project, including necessary technical and environmental studies [4]. - Additional allocations include geophysical surveys, geological work, and general working capital [4]. Group 3: Finder's Fees - The Company will pay finder’s fees totaling CDN$84,154 and issue 525,962 Finder's Warrants, each exercisable at CDN$0.24 per share until December 29, 2028 [5]. Group 4: Regulatory Approval - The Offering is subject to final approval from the TSX Venture Exchange, and the securities issued will be under a statutory hold period of four months and one day from the issuance date [6]. Group 5: Company Overview - Viva Gold's Tonopah Gold Project is strategically located in a prominent mining area in Nevada, with a developed high-confidence gold mineral resource and potential for an economically viable open pit project [10]. - The Company is led by experienced professionals, including CEO James Hesketh, who has extensive experience in mining development and construction [10].
iSpecimen Inc. Announces Pricing of ~$5.5 Million Private Placement
Globenewswire· 2025-12-30 19:37
Core Viewpoint - iSpecimen Inc. has entered into a securities purchase agreement with accredited investors, aiming to raise approximately $5.5 million through the issuance of Series C Convertible Preferred Stock [1][2][3] Group 1: Offering Details - The company will issue 6,875 shares of Series C Convertible Preferred Stock at a price of $800 per share, convertible into common stock at a conversion price of 85% of the closing price prior to each conversion date [2][3] - The offering is expected to close on or about December 31, 2025, pending customary closing conditions [3] Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for marketing, working capital, and general corporate purposes [3] Group 3: Regulatory Information - The securities are being offered in a private placement under Section 4(a)(2) of the Securities Act of 1933 and have not been registered under the Act or applicable state laws, limiting their sale to accredited investors [4]
Ascot Announces Closing of the First Tranche of Private Placement, Changes to Leadership and Creditor Restructuring
Globenewswire· 2025-12-30 17:27
Core Viewpoint - Ascot Resources Ltd. has successfully closed the first tranche of a brokered private placement, raising approximately C$80.1 million to further develop its Premier Gold Mine and Red Mountain project, while also undergoing significant leadership changes and financial restructuring [1][7][4]. Financing and Offerings - The first tranche of the offering consisted of 133,588,478 hard dollar units priced at C$0.60 per unit, generating gross proceeds of approximately C$80.1 million [7]. - The proceeds from the offering will be utilized for the development of the Premier Gold Mine and Red Mountain project, as well as for general corporate purposes [11]. - The offering is being conducted by a syndicate of agents co-led by Canaccord Genuity Corp. and Raymond James Ltd. [8]. Leadership Changes - Jim Currie will step down as President, CEO, and Director, with Robert McLeod taking over the role [4]. - Alex Morrison will join the Board of Directors as Lead Director, and Ryan Wemark will become Executive Vice-President [4]. Project Development Plans - The company plans to announce detailed development plans for its projects, including a corporate rebrand and proposed name change [6]. - The Red Mountain Project is highlighted as a key asset for the successful commissioning of a centralized mill to process materials from multiple deposits in the Golden Triangle [6]. Financial Restructuring - The company has entered into amended agreements with Nebari and Sprott, extending loan maturity dates and restructuring payment terms [2][13][15]. - The company has settled existing lien claims related to the Premier Gold Mine using proceeds from a recent rights offering [2][17]. Shareholder Participation - Ccori Apu acquired 50,416,667 HD Units for approximately C$30.25 million, increasing its ownership stake in the company [30]. - Following the transactions, Ccori Apu now controls 35.6% of the issued and outstanding Common Shares on a non-diluted basis [30].
Glucotrack, Inc. Announces Pricing of $4.0 Million Private Placement Priced At-the-Market Under Nasdaq Rules with a Single Institutional Investor
Globenewswire· 2025-12-30 13:00
Rutherford, NJ., Dec. 30, 2025 (GLOBE NEWSWIRE) -- Glucotrack, Inc. (Nasdaq: GCTK) (the “Company”), a medical technology company focused on the design, development, and commercialization of novel technologies for people with diabetes, today announced that it has entered into a securities purchase agreement with a single institutional investor for the purchase and sale of 1,033,591 shares of common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to 2,067,182 shares of common s ...