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Brixton Metals Closes Tranche 1 Of Its Private Placement
Globenewswire· 2025-12-03 12:30
Core Viewpoint - Brixton Metals Corporation has successfully completed the first tranche of a non-brokered private placement, raising total gross proceeds of approximately $5.7 million [1][2]. Group 1: Offering Details - The Offering included 30,062,500 National Flow-Through Units at $0.08 each, 37,761,989 Critical Mineral Flow-Through Units at $0.085 each, and 1,192,857 Non Flow-Through Units at $0.07 each [2]. - The total gross proceeds from the Offering amounted to $5,698,269.06 [2]. Group 2: Unit Composition - Each type of unit (FT Units, CMFT Units, and NFT Units) consists of a share and a non-transferable warrant, allowing the purchase of an additional common share at $0.10 until December 2, 2028 [3]. Group 3: Use of Proceeds - Proceeds from FT Units will be allocated to Canadian exploration expenses and flow-through mining expenditures, primarily for drilling at the Thorn Copper-Gold Project and the Langis Silver-Cobalt Project [5]. - Gross proceeds from CMFT Units will be used for flow-through critical mineral mining expenditures as defined by Canadian tax law [5]. - Proceeds from NFT Units will be utilized for general corporate purposes [5]. Group 4: Insider Participation - An insider participated in the Offering, contributing $29,999.90, which is classified as a Related Party Transaction under TSX Venture Exchange Policy [4]. Group 5: Securities Regulations - Securities issued to subscribers of FT Units and CMFT Units will be subject to a hold period until April 3, 2026, in accordance with Canadian securities laws [6]. - NFT Units offered to Canadian residents are exempt from a hold period due to the Listed Issuer Financing Exemption [7]. Group 6: Finder's Fees - Finder's fees totaling $88,246.14 and 1,051,481 non-transferable warrants were paid to individuals who introduced subscribers to the Offering [8].
Osisko Metals Announces $32.5 Million Private Placement with Strategic Investors
Globenewswire· 2025-12-03 11:00
Core Viewpoint - Osisko Metals Incorporated is set to complete a non-brokered private placement of approximately 67,666,666 common shares at an offering price of $0.48 per share, aiming for gross proceeds of about $32,480,000 to advance its Gaspé Copper project [1][4]. Group 1: Private Placement Details - The private placement will include subscriptions from strategic investors, with the size depending on contractual participation rights granted to Glencore Canada Corporation [2]. - Hudbay Minerals is expected to acquire 29,166,666 common shares, representing approximately 4.3% of the issued shares, while Agnico Eagle Mines is expected to own 87,815,000 shares, equating to about 12.5% ownership [3]. - The net proceeds from the private placement will be utilized for advancing the Gaspé Copper project, including drilling, permitting, and technical studies [4]. Group 2: Strategic Partnerships and Shareholder Support - The participation of Hudbay Minerals as a significant shareholder is viewed as a positive endorsement of the Gaspé Copper project's potential [3]. - An investor rights agreement will be established between the company and Hudbay, granting Hudbay certain rights, including top-up rights and future participation in offerings [3]. Group 3: Company Overview and Project Focus - Osisko Metals is focused on the critical metals sector, particularly copper and zinc, and has a 100% interest in the Gaspé Copper project, which is the largest undeveloped copper resource in eastern North America [6][8]. - The Gaspé Copper project has current indicated mineral resources of 824 million tonnes at a grade of 0.34% CuEq and inferred resources of 670 million tonnes at 0.38% CuEq [6]. - The company is also advancing the Pine Point project, which has indicated mineral resources of 49.5 million tonnes at 5.52% ZnEq [9].
IC Group Holdings Inc. Announces Amended Private Placement Terms and Updated Closing Timeline
Newsfile· 2025-12-02 04:04
Core Points - IC Group Holdings Inc. has amended the terms of its non-brokered private placement and expects to close the offering around December 12, 2025, pending TSX Venture Exchange approval [1][7] - The company plans to issue up to 8,000,000 units at a price of $0.50 per unit, aiming for gross proceeds of up to $4,000,000 [2][3] - Each unit consists of one common share and one-half of a common share purchase warrant, with the exercise price of the whole warrant reduced from $0.75 to $0.65 for a period of 30 months [2][3] Financial Details - The amended terms include a maximum offering size of $4,000,000 and a unit price of $0.50, which remain unchanged [3] - Eligible finders may receive a cash commission of 6% of the proceeds raised and finder warrants equal to 6% of the number of units sold, exercisable at $0.50 for 30 months [4] Use of Proceeds - The net proceeds from the offering will be used to support sales and marketing expansion, advance technology development in messaging and live engagement platforms, and for general working capital [5] Insider Participation - Certain insiders may participate in the offering, which will be exempt from formal valuation and minority approval requirements as the value does not exceed 25% of the company's market capitalization [6] Company Overview - IC Group Holdings Inc. focuses on transforming brand engagement through live events, social media, and digital platforms, managing technology and financial risks for Fortune 500 brands and over 90 professional sports teams [9]
Ascot Announces Pricing of C$150 Million Brokered Private Placement and Nebari Restructuring Terms
Globenewswire· 2025-12-02 01:40
Core Viewpoint - Ascot Resources Ltd. has announced a private placement offering of up to C$150 million in common shares, with additional options for raising up to C$25 million, aimed at funding the development of its Premier Gold Mine and Red Mountain project [2][3][8] Offering Details - The common shares will be sold at a price of C$0.60 per share, following a previously announced 50:1 share consolidation [4] - Ccori Apu S.A.C, a significant shareholder, will participate in the offering to maintain a 32% ownership stake [4] - Up to C$15 million of the offering may be sold as flow-through shares at a price of C$0.73 per share [5] Agent Compensation - The company will pay the agents a cash commission of 6.0% on the total proceeds raised, reduced to 2% for sales to significant shareholders [6] - Agents will also receive warrants to acquire shares equal to 6.0% of the shares sold, exercisable for 24 months from the closing date [7] Use of Proceeds - Net proceeds from the offering will be used for the development of the Premier Gold Mine and Red Mountain project, while proceeds from flow-through shares will be allocated to eligible Canadian development expenses [8] Closing Conditions - The closing of the offering is contingent upon receiving necessary stock exchange approvals and completing a previously announced rights offering and share consolidation [9] Securities Offering - The shares will be offered to accredited investors in Canada, U.S. investors under specific exemptions, and international investors in compliance with applicable laws [10] - The securities will be subject to a four-month hold period under Canadian securities law [11] Restructuring with Secured Creditors - The company is restructuring its agreements with secured creditors, including Nebari Gold Fund, with terms that include converting outstanding interest and principal to principal at closing and extending maturity to five years [15]
Bolt Metals Announces Private Placement
Thenewswire· 2025-12-01 14:25
Vancouver, British Columbia - TheNewswire - December 1st, 2025 – Bolt Metals Corp. (“Bolt” or the “Company”) (TSXV: BOLT) (OTC: PCRCF) (FSE: A3D8AK), a North American mineral acquisition and exploration company, is pleased to is pleased to announce a non-brokered private placement of up to 12,903,225 special warrants of the Company (each, a “Special Warrant”) at a price of $0.31 per Special Warrant, for aggregate gross proceeds of up to $4,000,000 the “Offering”). Each Special Warrant will automatically con ...
Riverside Resources Announces Closing of Non-Brokered Private Placement for $3.7 Million
Newsfile· 2025-12-01 13:00
Core Viewpoint - Riverside Resources Inc. has successfully completed a non-brokered private placement, enhancing its shareholder base and positioning for future growth and transactions [1][3]. Group 1: Offering Details - The Offering consisted of 18,460,000 hard-dollar units priced at $0.20 per unit, generating gross proceeds of $3,692,000 [2]. - Each unit includes one common share and one half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at an exercise price of $0.30 for two years [2]. Group 2: Financial Position and Use of Proceeds - The company is in a strong financial position, with the investment from key shareholders indicating trust in its exploration strategy [3]. - Net proceeds from the Offering will be allocated for strategic initiatives, working capital, general corporate purposes, and project advancement [3]. Group 3: Insider Participation and Compliance - Certain directors and officers participated in the Offering, acquiring 225,000 units for total gross proceeds of $45,000, which is classified as a related party transaction [4]. - The company relied on exemptions from formal valuation and minority shareholder approval requirements, as the insider participation did not exceed 25% of the company's market capitalization [4]. Group 4: Regulatory and Compliance Information - No finder's fees were paid in connection with the Offering, and all securities are subject to a statutory hold period of four months and one day, expiring on March 29, 2026 [5]. - The Offering is pending final approval from the TSX Venture Exchange [5]. Group 5: Company Overview - Riverside Resources Inc. is a well-funded exploration company with a solid balance sheet, no debt, and a strong portfolio of gold-silver and copper assets in North America [7].
INEO Tech Corp. Announces Non-Brokered Private Placement
Newsfile· 2025-12-01 12:25
Core Viewpoint - INEO Tech Corp. announces a non-brokered private placement to raise up to $2,345,000 by issuing up to 156,355,684 common shares at a price of $0.015 per share [1][3]. Offering Details - The Offering allows eligible INEO shareholders to participate, subject to compliance with applicable securities laws [2][8]. - The rights offering previously announced on November 24, 2025, has been terminated due to objections, but existing shareholders still have the opportunity to participate in this Offering [3]. Use of Proceeds - Net proceeds from the Offering are intended for working capital and general corporate purposes, including inventory purchases, deployments, product/engineering, and sales & marketing initiatives [4]. - The allocation of proceeds is as follows: - Inventory Purchase and Customer Deployments: $1,600,000 (assuming 100% of the offering) - General and Administrative Expenses: $745,000 (assuming 100% of the offering) [5]. Closing and Conditions - The Offering is subject to customary conditions, including acceptance by the TSX Venture Exchange, and may close in one or more tranches [6]. - All securities issued will be subject to a statutory hold period of four months plus one day from the closing date [6]. Insider Participation - Coenda Investments Holding Corp. has the right to maintain its interest in the Company by participating in the Offering, with a notification deadline of December 5, 2025 [9]. - Other insiders may also participate, and such participation is expected to be exempt from formal valuation and minority shareholder approval requirements [9]. Company Overview - INEO Tech Corp. operates at the intersection of in-store retail media and loss prevention, with a focus on digital signage and retail analytics through its subsidiary INEO Solutions Inc. [10]. - The company’s patented technology integrates Electronic Article Surveillance (EAS) with digital displays to help retailers reduce theft while generating media revenue [10].
PyroGenesis Announces Closing of Third Tranche of the Non-Brokered Private Placement for $904,083
Globenewswire· 2025-11-28 12:00
Core Viewpoint - PyroGenesis Inc. has successfully closed a non-brokered private placement, raising a total of $5,226,083 through the sale of 14,185,969 units, which includes two unit groups [1][4]. Group 1: Private Placement Details - The private placement consisted of two unit groups, with the first group selling 5,555,556 units at a price of $0.63 per unit, generating gross proceeds of $3,500,000 [2]. - The second tranche of the second unit group issued 4,520,414 units at a price of $0.20 per unit, resulting in gross proceeds of $904,083, in addition to the first tranche of 4,110,000 units that raised $822,000 [3]. - In total, the two unit groups accounted for 14,185,969 units sold for gross proceeds of $5,226,083 [4]. Group 2: Use of Proceeds and Regulatory Approval - The proceeds from the private placement will be utilized for working capital and general corporate purposes [5]. - The private placement has received conditional approval from the TSX, pending final approval and customary closing conditions [5]. Group 3: Unit Group Structure - Each unit in the first group consists of one common share and one warrant, priced at $0.63, with the warrant allowing the purchase of a common share at $0.28 for 48 months [8]. - Each unit in the second group consists of one common share and one warrant, priced at $0.20, with the warrant allowing the purchase of a common share at $0.40 for 24 months [8].
Atomic Minerals Upsizes Its Previously Announced Non-Brokered LIFE Offering and Concurrent Private Placement to $2.2M
Newsfile· 2025-11-28 01:04
Core Points - Atomic Minerals Corporation has increased the size of its non-brokered LIFE Offering and concurrent private placement to $2.2 million due to strong investor demand [1] - The LIFE Offering will consist of up to 14,666,667 units at a price of $0.05 per unit, raising gross proceeds of up to $733,333 [1] - The concurrent private placement has been increased to up to 29,333,333 units at the same price, aiming for gross proceeds of up to $1,466,666 [1] Offering Details - Each unit in the LIFE Offering includes one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one share at $0.10 for 12 months [2] - The LIFE Offering is available to Canadian residents, excluding Québec, and will not have a hold period under Canadian securities laws [3] - The concurrent private placement is also available to Canadian residents and will be subject to a statutory hold period of four months plus one day after closing [3] Financial Aspects - The company plans to pay finders' fees of 5%-8% in cash and finder warrants equal to up to 8% of the units sold under both offerings [5] - The expected closing date for both offerings is December 1, 2025, pending regulatory approvals [6] - Proceeds from the offerings will be used for exploration activities at uranium projects in Saskatchewan and the Colorado Plateau, as well as for general administrative expenses [6] Company Overview - Atomic Minerals Corporation is a publicly listed exploration company on the TSXV, focusing on uranium exploration in underexplored regions with geological similarities to areas with past uranium discoveries [10] - The company's property portfolio includes uranium projects in North America, notably in the Colorado Plateau and the Athabasca Basin, which have historical production records [11]
Grafton Resources Announces Closing of Non-Brokered Private Placement of Units
Thenewswire· 2025-11-27 19:05
Core Points - Grafton Resources Inc. has successfully closed a non-brokered private placement, raising gross proceeds of $2,400,000 through the issuance of 4,800,000 units at a price of $0.50 per unit [1][2] - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at $0.80 until November 27, 2027 [1][2] - The proceeds will be used for the acquisition of the Alicahue Copper Project in Chile, exploration activities, option payments, and general corporate purposes [2] Financial Details - The company paid finder's fees totaling $133,784 in cash and issued 267,568 finder's warrants, each allowing the purchase of one common share at $0.80 until November 27, 2027 [3] - The offering is subject to acceptance by the Canadian Securities Exchange and the securities issued are under a four-month hold period expiring on March 28, 2026 [3] Related Party Transactions - Clariden Capital Ltd., owned by J. Campbell Smyth, participated in the offering by purchasing 345,400 units for $172,700, constituting a related party transaction [4][6] - The company is exempt from formal valuation and minority shareholder approval requirements due to the insider participation not exceeding 25% of the company's market capitalization [4] Ownership Changes - Prior to the offering, J. Campbell Smyth owned approximately 13.73% of the company's common shares, which decreased to approximately 11.79% post-offering [7][8] - Mr. Smyth has no current intention to dispose of or acquire further securities of the company, although he may do so depending on market conditions [9]