Workflow
Private Placement Financing
icon
Search documents
King Copper Discovery Corp. Announces $15 Million Financing
Globenewswire· 2025-09-04 11:00
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Sept. 04, 2025 (GLOBE NEWSWIRE) -- King Copper Discovery Corp. (“King Copper”, or the “Company”; KCP-TSXV, TBXXF-OTCQB, 3RI-FSE) is pleased to announce it has arranged a non-brokered private placement financing of up to 65,217,392 common shares at a price of $0.23 per share for gross proceeds of up to $15 million (the “Financing”). A strategic investor (the “Investor”) will ...
Tier One Silver Announces $5.6 Million Private Placement
Newsfile· 2025-09-03 20:41
Vancouver, British Columbia--(Newsfile Corp. - September 3, 2025) - Tier One Silver Inc. (TSXV: TSLV) (OTCQB: TSLVF) ("Tier One" or the "Company") announces it is conducting a private placement financing to a small group of arm's-length investors which include institutional investors, targeting 70,000,000 units of the Company (each, a "Unit") at an offering price of C$0.08 per Unit (the "Unit Price") for gross proceeds to the Company of approximately C$5.6 million (the "Offering"). Each offered Unit consis ...
Hampton Securities Limited Announces closing of Upsized $3 Million LIFE Private Placement Financing of Glenstar Minerals Inc. (CSE:GSTR)
GlobeNewswire News Room· 2025-09-02 16:03
Core Viewpoint - Glenstar Minerals Inc. successfully closed a private placement offering, raising a total of approximately $3.48 million through the issuance of 5,122,235 units at a price of $0.68 per unit [1][5]. Group 1: Offering Details - The offering consisted of 4,500,000 units initially, with an over-allotment option exercised for an additional 622,235 units, resulting in total gross proceeds of $3,483,119.80 [1]. - Each unit includes one common share and one warrant, with each warrant allowing the purchase of an additional common share at a price of $0.85 until August 26, 2027 [2]. - A cash commission of 7% of the proceeds was paid to the agent, along with non-transferable warrants for the purchase of 358,556 common shares at $0.68 per share until August 26, 2027 [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for drilling at the Green Monster Property, trenching at the Wild Horse Property, and additional exploration activities at both properties, as well as for general administrative expenses and working capital [5]. Group 3: Regulatory Compliance - The units were offered under National Instrument 45-106, which provides prospectus exemptions, and the securities issued are not subject to a hold period under Canadian securities laws [4].
FLUENT Corp. Announces Private Placement Financing
GlobeNewswire News Room· 2025-08-28 12:00
Core Viewpoint - FLUENT Corp. is conducting a non-brokered private placement offering of 3,500,000 common shares at a price of US$0.06 per share, aiming for total gross proceeds of US$210,000, primarily to support working capital and corporate purposes [1][2]. Group 1: Offering Details - The offering is expected to close on September 5, 2025, and involves a related party transaction as the sole subscriber is an insider of the company [3]. - The company is utilizing exemptions from certain requirements under Multilateral Instrument 61-101 due to the fair market value of insider participation not exceeding 25% of the company's market capitalization [3]. - The board of directors has approved the offering, and no material change report was filed 21 days prior to the closing, which the company considers reasonable [3]. Group 2: Leadership and Strategic Direction - David Vautrin, the Interim CEO, expressed confidence in the company's strategic direction and the team's commitment to turnaround initiatives, highlighting the importance of this investment [2]. - The investment by the Interim CEO is intended to reinforce belief in the company's long-term value creation potential [2]. Group 3: Company Overview - FLUENT Corp. is a national cannabis consumer packaged goods company, operating in states such as Florida, New York, Pennsylvania, and Texas, with a focus on operational excellence in cultivation, production, and retail [5]. - The company employs over 700 individuals across 8 cultivation and manufacturing facilities and 42 active retail locations, along with a wholesale division named ENTOURAGE [5]. - FLUENT produces a diverse range of cannabis products under various brands, including MOODS, Knack, Wandr, Bag-O, and Hyer Kind [5].
Glenstar Minerals Inc. Announces Closing of Upsized $3 Million Private Placement Financing
Newsfile· 2025-08-26 16:25
Core Points - Glenstar Minerals Inc. has successfully closed a private placement financing of $3 million, issuing a total of 5,122,235 units at a price of $0.68 per unit [1][2] - Each unit consists of one common share and one warrant, with the warrant exercisable at $0.85 until August 26, 2027 [2] - The company plans to use the net proceeds for drilling and exploration activities at the Green Monster and Wild Horse properties, as well as for general administrative expenses [5] Group 1 - The private placement was conducted through Hampton Securities Limited, which exercised an over-allotment option to purchase additional units, resulting in total gross proceeds of $3,483,119.80 [1][2] - Glenstar paid a cash commission of 7% to the agent and granted non-transferable warrants to purchase 358,556 common shares at $0.68 per share until August 26, 2027 [3] - The offering was made under relevant prospectus and registration exemptions, and the securities issued are not subject to a hold period under Canadian securities laws [4] Group 2 - The company intends to allocate funds for specific activities, including drilling at the Green Monster Property and trenching at the Wild Horse Property [5] - The offering is part of the company's strategy to enhance exploration and development activities in its properties [5]
Japan Gold Announces Closing of Upsized Private Placement
Newsfile· 2025-08-25 12:30
Core Viewpoint - Japan Gold Corp. successfully closed an oversubscribed non-brokered private placement financing, raising gross proceeds of C$2,067,600 to support its initiatives in Japan's resource-rich regions [1][3]. Financing Details - The Company issued a total of 25,845,000 common shares at a price of C$0.08 per share, with a significant portion (17,182,500 shares for C$1,374,600) sold to Equinox Partners Investment Management LLC, a strategic investor and major shareholder [2][3]. - The net proceeds will be allocated for general and administrative expenses, marketing, and advertising [3]. Shareholder Information - As of the closing date, Equinox holds approximately 30% of the issued and outstanding common shares of the Company, totaling 90,133,518 shares [5]. - Equinox's participation in the Offering is classified as a "related party transaction," and the Company will rely on exemptions from formal valuation and minority shareholder approval requirements [6]. Company Overview - Japan Gold Corp. is focused on exploring high-grade epithermal gold deposits across Japan, holding a significant portfolio of tenements in stable and underexplored regions [8]. - The Company has an alliance with Barrick Mining Corporation to explore and develop gold mineral properties in Japan [8].
Glenstar Minerals Inc. Announces Upsized $3 Million Private Placement Financing
Newsfile· 2025-08-20 23:12
Core Points - Glenstar Minerals Inc. has amended its private placement agreement to raise up to $3,060,000 by offering 4,500,000 units at a price of $0.68 per unit, each consisting of one common share and one warrant [1][2] - The additional funds will be utilized to enhance and expedite the drilling program at the Green Monster Property [2][6] - The offering includes an option for the agent to sell up to an additional 675,000 units for gross proceeds of up to $459,000 [2] - The price of the Compensation Options has been adjusted to $0.68 to align with the Offering Price [3] - The offering will be conducted under specific Canadian securities regulations and will not be registered under U.S. securities laws [4][8] - The net proceeds from the offering will be allocated for drilling, trenching, exploration activities, and general administrative expenses [6] - The closing of the offering is anticipated in August 2025, subject to customary conditions [7]
Silver One Resources Announces Private Placement Financing
Newsfile· 2025-08-18 21:00
Core Points - Silver One Resources Inc. announced a non-brokered private placement financing of 17,857,142 units at a price of $0.28 per unit, aiming for total proceeds of $5,000,000 [1][2] - Each unit consists of one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of a common share at an exercise price of $0.40 for three years [2] - The net proceeds from the offering will be used for exploration and drilling on the company's mineral properties and for general working capital [3] Company Overview - Silver One is focused on the exploration and development of quality silver projects, owning a 100% interest in the Candelaria Mine in Nevada, which has potential for near-term production through reprocessing silver from historic leach pads [5] - The company also holds a 100% interest in the Cherokee project in Lincoln County, Nevada, which features multiple silver-copper-gold vein systems traced over 11 km [6] - Additionally, Silver One owns the Silver Phoenix Project, a high-grade native silver prospect recently permitted for drilling, located within the Arizona Silver Belt [6]
Lincoln Gold Announces Closing of Second Tranche of Private Placement Financing and Provides Corporate Update
Thenewswire· 2025-08-14 20:40
Core Points - Lincoln Gold Mining Inc. has closed the second tranche of its non-brokered private placement financing, raising gross proceeds of $11.25 million through the issuance of 75,000 units at a price of $0.15 per unit [1][2] - The proceeds from the second tranche will be used for general administrative expenses [3] - The company has decided to discontinue the balance of the private placement due to uncertainties regarding future management following shareholder requisitions [4] Financial Details - Each unit consists of one common share and one-half of a non-transferable common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at $0.35 for 24 months [2] - All securities issued are subject to a hold period of four months and one day from the date of issuance [4] Corporate Update - In connection with the acquisition of the Bell Mountain Gold/Silver project, the company issued 3 million common shares and an additional 1.5 million shares were issued to satisfy final payment obligations [7][8] - On August 13, 2025, the company granted 1,885,000 stock options to directors, officers, and consultants, exercisable for five years at an exercise price of $0.215 per option [8] Company Overview - Lincoln Gold Mining Inc. is a Canadian precious metals development and exploration company based in Vancouver, BC, with interests in the Bell Mountain gold-silver property and the Pine Grove gold property [9]
Giga Metals Completes Second Tranche of Private Placement
Globenewswire· 2025-08-14 14:34
Core Points - Giga Metals Corp. has successfully closed the second tranche of its non-brokered private placement financing, following the first tranche closure on July 30, 2025 [1][2] - The second tranche raised gross proceeds of $188,000, consisting of 555,556 flow-through units at $0.09 each and 1,725,000 hard dollar units at $0.08 each [2] - The proceeds from the flow-through offering will be allocated to advance the Turnagain project and other potential Canadian properties, adhering to the definition of "flowthrough mining expenditures" under the Tax Act [4] Financial Details - The second tranche included 555,556 FT Units generating $50,000 and 1,725,000 HD Units generating $138,000 [2] - Each FT Unit comprises one flow-through common share and one warrant, while each HD Unit consists of one common share and one warrant, with warrants exercisable at $0.11 for three years [3] - Finder's fees for the offering amounted to $9,100 in cash and 108,889 finder's warrants, each exercisable at $0.08 for three years [5] Future Plans - A third tranche of the private placement is expected to close around August 20, 2025, pending necessary regulatory approvals [6] - The Turnagain Project, a core asset of Giga Metals, is noted for its significant undeveloped sulphide nickel and cobalt resources, with a Pre-Feasibility Study released in October 2023 [8]