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Gunnison Copper Announces $5 Million Listed Issuer Financing Exemption (LIFE) Private Placement
Newsfile· 2025-07-07 23:30
Core Viewpoint - Gunnison Copper Corp. is conducting a non-brokered private placement to raise up to C$5 million through the sale of units, aimed at funding various projects and operational expenses [1][3]. Group 1: Offering Details - The private placement will consist of up to 16,666,700 units priced at C$0.30 (US$0.23) per unit, each unit comprising one common share and one warrant [1][2]. - Each warrant allows the holder to purchase one common share at C$0.45 for a period of 36 months following the issue date [2]. Group 2: Use of Proceeds - The net proceeds will be allocated to the High Value Add Work Program at the Gunnison Copper Project, long lead time drilling, metallurgical testing for a pre-feasibility study, and general administrative expenses for the US head office for an additional 12 months [3]. Group 3: Regulatory Compliance - The offering will comply with National Instrument 45-106 and will be available to purchasers in all Canadian provinces except Québec, as well as offshore jurisdictions and the United States under certain exemptions [4][5]. Group 4: Company Overview - Gunnison Copper Corp. is a copper developer and producer operating in the Southern Arizona Copper Belt, controlling the Cochise Mining District with 12 known deposits [10]. - The flagship Gunnison Copper Project has a measured and indicated mineral resource of over 831 million tons with a total copper grade of 0.31%, and a preliminary economic assessment indicating an NPV of $1.3 billion and an IRR of 20.9% [12]. Group 5: Future Production - The Johnson Camp Asset, under construction, is expected to produce up to 25 million lbs of finished copper cathode annually, fully funded by Nuton LLC, a Rio Tinto Venture [14].
Netcapital Announces Closing of Up To $9.9 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules
Globenewswire· 2025-07-07 20:05
Group 1 - The company, Netcapital Inc., closed a registered direct offering for the purchase and sale of 714,286 shares of common stock at a price of $7.00 per share, generating approximately $5 million in gross proceeds [1][3] - In a concurrent private placement, the company issued unregistered short-term warrants to purchase up to 714,286 shares at an exercise price of $6.88 per share, potentially adding up to $4.9 million in gross proceeds if fully exercised [1][3] - The net proceeds from the offering will be used for the repayment of certain outstanding promissory notes and for general working capital purposes [3] Group 2 - H.C. Wainwright & Co. acted as the exclusive placement agent for the offering [2] - The common stock was offered under a "shelf" registration statement that was declared effective by the SEC on October 26, 2022 [4] - The unregistered short-term warrants were offered in a private placement under Section 4(a)(2) of the Securities Act and have not been registered under the Securities Act or applicable state securities laws [5] Group 3 - Netcapital Inc. is a fintech company that provides a scalable technology platform for private companies to raise capital online and offers private equity investment opportunities to investors [7] - The company's consulting group, Netcapital Advisors, provides marketing and strategic advice and takes equity positions in select companies [7] - The company's funding portal is registered with the SEC and is a member of FINRA, and its broker-dealer is also registered with the SEC and a member of FINRA [7]
Actelis Networks Announces Private Placement Priced At-the-Market under Nasdaq Rules
Globenewswire· 2025-07-01 12:00
Core Viewpoint - Actelis Networks, Inc. has announced a private placement for the issuance and sale of common stock and warrants, aiming to raise approximately $1 million in gross proceeds, with potential additional proceeds of about $3 million from the exercise of warrants [1][3]. Group 1: Offering Details - The company will issue 1,626,019 shares of common stock and Series A-3 and A-4 warrants, with a purchase price of $0.615 per share [1][2]. - The Series A-3 warrants will expire five years from shareholder approval, while the short-term Series A-4 warrants will expire eighteen months from the same approval [2]. - H.C. Wainwright & Co. is acting as the exclusive placement agent for this offering [2]. Group 2: Financial Implications - The expected gross proceeds from the offering are approximately $1 million, before deducting fees and expenses [3]. - If fully exercised, the warrants could provide an additional gross proceeds of around $3 million [3]. - The net proceeds from the offering will be used as working capital for general corporate purposes [3]. Group 3: Regulatory Information - The securities are offered in a private placement under Section 4(a)(2) of the Securities Act of 1933 and Regulation D, and have not been registered under the Act [4]. - The offering is limited to accredited investors, and the company has agreed to file registration statements with the SEC for the resale of unregistered securities [4]. Group 4: Company Overview - Actelis Networks, Inc. is a leader in hybrid fiber-copper networking solutions for IoT applications, providing fiber-grade performance with cost efficiency [6]. - The company focuses on cyber-hardened networking solutions and offers AI-based cyber monitoring and protection for edge devices [6].
TDG Gold Announces Acquisition of Anyox Copper and C$25 Million Bought Deal Private Placement
Globenewswire· 2025-06-17 11:01
Core Viewpoint - TDG Gold Corp has entered into an amalgamation agreement with Anyox Copper Ltd to acquire the Anyox Copper project, enhancing its position in the mining sector of British Columbia [1][4] Transaction Details - The acquisition will be executed through a three-cornered amalgamation under the Business Corporations Act (British Columbia) [1] - The company has secured a bought deal private placement with BMO Capital Markets and Clarus Securities, raising C$25 million in gross proceeds to support the transaction [1][19] Strategic Positioning - The combination of Anyox Copper and TDG's existing projects provides exposure to precious metals and critical minerals in established mining districts [2] - Post-transaction, TDG will have over C$40 million in cash, enabling nearly year-round exploration activities [2] Management Changes - Paul Geddes, currently CEO of Anyox, will join TDG as Vice President of Corporate Development, focusing on operational excellence and growth [3][4] Exploration Plans - TDG's immediate priority is the Greater Shasta-Newberry project, with plans to resume exploration activities supported by the expanded treasury [5] - The Anyox project will allow for exploration at different times of the year, extending the exploration season across two mining districts [5] Board Changes - Michael Kosowan has been appointed as Chair of the Board, succeeding Stephen Quin, who will remain as a director [6] Share Consolidation - The company intends to seek shareholder approval for a five-for-one share consolidation to enhance its appeal to investors [7] Anyox Copper Project Overview - The Anyox project is located in British Columbia's 'Golden Triangle' and includes the historical Hidden Creek copper mine, which produced approximately 750 million pounds of copper from 1914 to 1935 [10][12] Financial Projections - The proceeds from the concurrent financing will be allocated to exploration activities, including C$8 million for the Greater Shasta-Newberry project and C$5 million for the Anyox project [23]
Perpetua Resources Announces Upsizing of Previously Announced Bought Deal Public Offering of Common Shares
Prnewswire· 2025-06-12 14:17
Core Viewpoint - Perpetua Resources Corp. has increased its bought deal financing due to excess demand, now issuing 24,622,000 common shares at US$13.20 per share, aiming for approximately US$325 million in gross proceeds [1][2]. Group 1: Offering Details - The underwriters have an option to purchase an additional 3,693,300 common shares, which could raise total gross proceeds to approximately US$374 million if fully exercised [2]. - The offering is expected to close around June 16, 2025, subject to customary conditions [3]. Group 2: Use of Proceeds - Proceeds from the offering and private placement will be used for the Stibnite Gold Project's equity requirements in conjunction with a US$2 billion project financing application submitted to the Export-Import Bank of the United States [3]. - Additional funds will support exploration activities, working capital, and general corporate purposes [3]. Group 3: Company Background - Perpetua Resources focuses on the exploration and redevelopment of gold-antimony-silver deposits in Idaho, with the Stibnite Gold Project being one of the highest-grade open-pit gold deposits in the U.S. [7]. - The project aims to restore an abandoned mine site and produce gold and antimony, which is critical for U.S. defense needs [7].
Western Star Resources Inc. Closes First Tranche of Private Placement
Globenewswire· 2025-06-11 22:11
Core Viewpoint - Western Star Resources Inc. has successfully closed the first tranche of a non-brokered private placement, raising gross proceeds of CAD$394,400 through the issuance of 2,629,333 units at a price of $0.15 per unit [1][2]. Group 1: Private Placement Details - Each unit consists of one common share and one share purchase warrant, which can be exercised at an exercise price of $0.30 per share, expiring on June 11, 2027 [2]. - The warrants include an acceleration clause that allows the company to shorten the exercise period if the share price reaches CAD$0.40 for 10 consecutive trading days [2]. - A finder's fee of $5,500 in cash was paid to Ventum Financial Corp for this placement [2]. Group 2: Use of Proceeds - The net proceeds from the private placement will be utilized to define high-priority drill targets at the Western Star Project, as well as for general working capital and market awareness [3]. Group 3: Consulting Agreement - The company has entered into a consulting services agreement with Capitaliz On It, a digital marketing agency, to enhance investor awareness and attract new investors [4]. - The agreement has an initial term of 3 months with a marketing budget of CAD$110,000, pending approval from the Canadian Securities Exchange [5]. - Services provided by Capitaliz will include developing a corporate marketing strategy and various digital marketing efforts [5]. Group 4: Company Overview - Western Star Resources Inc. is focused on mineral exploration and development, aiming to increase shareholder value through cost-effective exploration practices and partnerships [9]. - The company owns nine contiguous mineral claims totaling 2,797 hectares located in the Revelstoke mining division of British Columbia [9].
Winshear Gold Announces $500,000 Private Placement
Globenewswire· 2025-05-29 11:30
Core Points - Winshear Gold Corp. announced a non-brokered private placement of up to 8,333,333 Units at a price of $0.06 per Unit, aiming for gross proceeds of $500,000 [2] - Each Unit consists of one common share and one half of a common share purchase warrant, with full warrants allowing the purchase of one common share at $0.12 for 24 months [2] - The proceeds from the financing will be utilized to advance the Thunder Bay Gold Project and for general working capital [3] Company Information - Winshear Gold Corp. is a Canadian-based minerals exploration company [5] - The completion of the private placement is subject to approval from the TSX Venture Exchange, and all securities will have a hold period of four months and one day from issuance [4]