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Aben Gold Closes Private Placement Financing
Globenewswire· 2026-01-27 23:00
Core Viewpoint - Aben Gold Corp. has successfully closed a non-brokered private placement financing, raising a total of CAD $400,000 to support exploration and working capital needs [1][4]. Financing Details - The company issued 5,000,000 units at a price of CAD $0.08 per unit, with each unit consisting of one common share and one warrant [2]. - Each warrant allows the holder to purchase one common share at CAD $0.12 for a period of two years [2]. Insider Participation - Management and Board members, as insiders, subscribed for a total of 550,000 units, generating gross proceeds of CAD $44,000 [3]. - This insider transaction is classified as a related party transaction and is subject to Multilateral Instrument 61-101, with exemptions from formal valuation and minority shareholder approval due to the participation not exceeding 25% of the company's market capitalization [3]. Use of Proceeds - The proceeds from the private placement will be allocated towards exploration expenditures and general working capital [4]. Company Overview - Aben Gold Corp. is a Canadian gold exploration company with projects in the Yukon Territory and British Columbia, including the 7,400-hectare Justin Gold Project [6]. - The company's objective is to enhance shareholder value through new discoveries and the development of exploration projects in geopolitically favorable regions [6]. Share Information - The company has a total of 28.2 million shares outstanding [7].
North Atlantic Titanium Closes Final Tranche of $1.25 Million Private Placement Financing to Advance the Everett Titanium Project in Quebec
Thenewswire· 2026-01-21 14:00
Core Viewpoint - North Atlantic Titanium Corp. has successfully closed the final tranche of its upsized and oversubscribed non-brokered offering, raising a total of $1,250,000 to advance its Everett titanium project in Quebec and for general corporate purposes [1][2][4]. Fundraising Details - The offering consisted of 12,500,000 units at $0.06 per unit and 6,250,000 flow-through units at $0.08 per unit, with each unit including one common share and one warrant [2]. - The total gross proceeds from the offering are $1,250,000, which will be allocated for initial option payments, working capital, and exploration activities [2][4]. Use of Proceeds - Net proceeds from the sale of units will fund the initial option payment for the Everett titanium property, while proceeds from flow-through units will be used for surface exploration and metallurgical testing [4]. - The company plans to conduct diamond drilling at selected locations in the Everett oxide body upon permitting [4]. Insider Participation - Insiders subscribed for a total of 783,317 units, which is considered a related party transaction under Multilateral Instrument 61-101 [6]. - The company is relying on exemptions from certain requirements of MI 61-101 due to the participation not exceeding 25% of the market capitalization [6]. Finder's Fees and Advisory Fees - The company paid $24,963.20 in finder's fees and issued 416,053 finder's warrants as part of the final tranche [7]. - An advisory fee of $100,000 was paid to Research Capital Corp. through the issuance of 1,666,666 units on the same terms as the offering [8]. Company Overview - North Atlantic Titanium is focused on advancing the Everett titanium deposit in Quebec and holds interests in other projects, including the Sleeping Giant South project and potential agreements in China [13].
Lodestar Metals Announces Private Placement Offering of $1,500,000
TMX Newsfile· 2026-01-21 12:35
Core Viewpoint - Lodestar Metals Corp. is conducting a non-brokered private placement financing to raise $1,500,000 through the issuance of 7,500,000 units at a price of $0.20 per unit, aimed at advancing its exploration activities in Nevada [1][4]. Financing Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional share at $0.30 for 18 months [2]. - Integrity Capital Group Inc. has been engaged as a finder for the offering, with a potential finder's fee of up to 8% cash and 8% in finder's warrants, reduced to 3% for certain identified investors [3]. Use of Proceeds - The proceeds from the offering will be allocated to exploration and drilling activities on the Gold Run Property, as well as for working capital purposes [4]. Company Overview - Lodestar Metals Corp. is a Canadian gold exploration company focused on the Goldrun Project in Nevada, which is strategically located on a major Carlin-style gold trend and near significant gold deposits [6]. - The company's strategy emphasizes a disciplined approach to discovery, focusing on high-value targets and building a compliant gold resource to enhance shareholder value [6].
American Pacific Announces Non-Brokered LIFE Financing of up to $7.5 Million
TMX Newsfile· 2026-01-20 22:08
Core Viewpoint - American Pacific Mining Corp. is conducting a non-brokered private placement offering of up to 34,090,909 units at a price of $0.22 per unit, aiming to raise up to $7,500,000 for exploration and development projects [1][5]. Offering Details - Each unit consists of one common share and one-half of a share purchase warrant, with each whole warrant allowing the purchase of an additional share at $0.32 for three years [1]. - The offering will be available to purchasers in certain Canadian jurisdictions under the Listed Issuer Financing Exemption, which allows for the sale of securities without a resale hold period [2]. - The offering may also be extended to U.S. persons and other jurisdictions, subject to applicable laws, with certain securities being subject to a four-month hold period [4]. Use of Proceeds - The net proceeds from the offering will be allocated for exploration and development of the Madison Project and other mineral projects, as well as general corporate purposes [5]. Regulatory and Finder Information - The completion of the offering is contingent upon customary closing conditions, including necessary regulatory approvals [6]. - Eventus Capital Corp. has been appointed as a finder for the offering, and finders' fees will be paid in accordance with applicable securities laws [5]. Company Overview - American Pacific Mining Corp. focuses on precious and base metals exploration in the Western United States, with its flagship asset being the Madison Copper-Gold Project in Montana [8]. - The company has established a significant equity position in the Palmer Copper-Zinc VMS Project in Alaska and holds several high-grade precious metals projects in Nevada [8].
Global Battery Metals Announces Private Placement Financing
Thenewswire· 2026-01-20 22:00
Core Viewpoint - Global Battery Metals Ltd. (GBML) is conducting a non-brokered private placement to raise up to $630,000 through the sale of 7,000,000 units at a price of $0.09 per unit, which includes common shares and warrants [1][2]. Group 1: Offering Details - The Offering consists of 7,000,000 units priced at $0.09 each, aiming for gross proceeds of up to $630,000 [1]. - Each unit includes one common share and one warrant, allowing the holder to purchase an additional share at $0.12 for three years [1]. - The net proceeds will be used for project evaluation expenses and general working capital [2]. Group 2: Regulatory and Compliance Information - The Offering is subject to acceptance by the TSX Venture Exchange and will have a statutory hold period of four months [2]. - Certain directors and officers may participate in the Offering, which will be classified as a "related party transaction" under MI 61-101 [3]. - The company plans to rely on exemptions from formal valuation and minority shareholder approval requirements due to the limited market capitalization impact of the transaction [3]. Group 3: Company Overview - GBML focuses on lithium, copper, and other battery metals, with interests in two projects: a 100% interest in the Lithium King Property in Utah and a 55% stake in the Lara Copper Property in Peru [6]. - The company is listed on multiple exchanges, including TSXV, Frankfurt, and OTC Markets [6].
Koryx Copper Announces Closing of $46 Million Bought Deal Financing and Concurrent $5 Million Namibian Non-Brokered Private Placement
Globenewswire· 2026-01-20 15:13
Core Viewpoint - Koryx Copper Inc. has successfully closed a bought deal private placement offering, raising C$46,001,323 through the issuance of 18,776,050 common shares at C$2.45 per share, indicating strong demand from investors [1][4]. Group 1: Offering Details - The offering was led by Stifel Canada as the lead underwriter, with a syndicate that includes several other financial institutions [2]. - The company also announced a strategic non-brokered private placement targeting Namibian investors, aiming to raise an additional C$5,000,000 through the sale of up to 2,040,816 common shares at the same price of C$2.45 per share [3]. - The net proceeds from both the offering and the placement will be utilized for mineral exploration, working capital, and general corporate purposes [5]. Group 2: Financial Terms - Underwriters received a cash commission of 6% on the gross proceeds of the offering, along with 563,281 compensation warrants, which allow the purchase of common shares at the issue price until January 20, 2028 [6]. - The offering is subject to final approval from the TSX Venture Exchange [7]. Group 3: Company Overview - Koryx Copper Inc. is focused on advancing the Haib Copper Project in Namibia and holds a portfolio of copper exploration licenses in Zambia [9]. - The Haib Copper Project is a significant copper/molybdenum porphyry deposit with a current mineral resource of 511 million tonnes at 0.33% copper and 51 parts per million molybdenum in the indicated category [10]. - The project has undergone extensive exploration and technical studies, positioning it as a potential long-life, low-cost copper production site [10][11].
Conquest Resources Amends Terms of Private Placement Financings
TMX Newsfile· 2026-01-20 12:01
Toronto, Ontario--(Newsfile Corp. - January 20, 2026) - Conquest Resources Limited (TSXV: CQR) ("Conquest" or the "Company") is pleased to announce that it has amended its the terms of its previously announced non-brokered private placement financing to include a non-brokered hard-dollar private placement of up to 6,000,000 common shares (the "HD Shares") at a price of $0.05 per HD Shares for gross proceeds of up to $300,000 (the "Share Financing" and together with the FT Financing, the "Financings"). for ...
Adamera Oversubscribes Financing to $1 Million and Adjusts Terms
Thenewswire· 2026-01-15 22:00
Core Viewpoint - Adamera Minerals Corp. has successfully oversubscribed its non-brokered private placement financing, indicating strong investor interest and support for the company's projects [1][2]. Financing Details - The private placement will consist of up to 18,200,000 units priced at $0.055 per unit, with each unit comprising one common share and one common share purchase warrant [1]. - Each warrant is exercisable at a price of $0.12 for a period of three years, an extension from the previous two-year term [1]. - The financing aims to fund administrative and exploration costs associated with the company's projects [2]. Company Overview - Adamera Minerals Corp. focuses on exploring high-grade gold, silver, and copper deposits in Washington State and British Columbia, holding numerous drill-ready targets in areas with past producing mines [4].
Canadian GoldCamps Closes Second Tranche of Private Placement
Thenewswire· 2026-01-14 22:00
Core Viewpoint - Canadian GoldCamps Corp. has successfully closed the second tranche of its non-brokered private placement financing, raising a total of $1,000,000 through two tranches [1][3]. Financing Details - The second tranche involved the issuance of 4,450,000 common shares at a price of $0.10 per share, resulting in gross proceeds of $445,000 [2]. - Combined with the first tranche, which closed on December 31, 2025, the total gross proceeds raised amount to $1,000,000 [3]. Use of Proceeds - A portion of the proceeds, specifically $100,000, has been allocated for an initial cash payment to Stelmine Canada Ltd. related to a proposed option agreement, while the remaining funds will be used for general working capital [3]. Regulatory Compliance - The offering is subject to the receipt of all necessary regulatory approvals, including acceptance from the Canadian Securities Exchange [4]. Related Party Transactions - An officer of the company participated in the second tranche, acquiring 50,000 shares, which is classified as a related party transaction under Multilateral Instrument 61-101 [5]. Finder's Fees - In connection with the second tranche, the company paid finder's fees totaling $17,400 and issued 174,000 finder's warrants, each allowing the holder to acquire one share at an exercise price of $0.12 for 24 months [6]. Company Overview - Canadian GoldCamps Corp. is focused on gold exploration and development in Canada, aiming to acquire and advance high-quality assets through disciplined exploration [8].
Silver One Announces Oversubscribed and Upsized $32 Million Private Placement Financing
TMX Newsfile· 2026-01-14 20:34
Vancouver, British Columbia--(Newsfile Corp. - January 14, 2026) - Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce that as a result of strong investor demand, the Company has increased the size of its previously announced non-brokered private placement financing (see news release dated January 13, 2026). The Company will issue up to 55,173,000 units of the Company (the "Units") at a price of $0.58 per Unit for aggregate gross proceeds ...