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Gold Terra is Upsizing Its Private Placement from C$6.3 Million to C$7.0 Million
Accessnewswire· 2025-11-17 14:37
Core Viewpoint - Gold Terra Resource Corp. has announced a successful non-brokered private placement that has exceeded initial expectations, indicating strong investor interest and confidence in the company [1] Summary by Category Private Placement Details - The private placement has received over 40% investor demand and will be oversubscribed by 10%, resulting in total gross proceeds of C$7,000,000 [1] - The company will issue a total of 55 million common shares instead of the initially planned 50 million shares [1] Share Issuance Breakdown - The issuance includes 15 million common shares at an issue price of C$0.10 per share, generating gross proceeds of C$1,500,000 [1] - Additionally, 35 million charitable flow-through common shares will be issued at C$0.14 per share, raising gross proceeds of C$4,900,000 [1] - The company will also issue 5 million flow-through common shares at C$0.12 per share, contributing gross proceeds of C$600,000 [1]
K9 Gold Corp. Closes 2nd Tranche of PP
Newsfile· 2025-11-14 21:45
Core Points - K9 Gold Corp. has successfully closed the second tranche of its non-brokered private placement, raising a total of $100,000 by issuing 400,000 units at a price of $0.25 per unit [1][2] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional common share at $0.35 for two years [2] - The offering is subject to a statutory hold period of four months and one day, and no insiders participated in this tranche [3] Marketing and Investor Awareness - The company entered into a marketing and investor awareness agreement with Capitaliz for a total fee of $200,000, which includes an increase in services [4] - Payment for the services was made from the company's existing general working capital [4] Company Overview - K9 Gold Corp. is focused on mineral exploration in North America, with its primary asset being the Trinity Silver Project in Nevada, covering approximately 14,523 acres [5] - The company is listed on the TSX Venture Exchange [5]
Colibri Provides Summary of Over-Subscribed Non-Brokered Private Placement
Newsfile· 2025-11-14 21:11
Core Viewpoint - Colibri Resource Corporation has successfully completed an over-subscribed non-brokered private placement, raising a total of C$1,491,702 to fund exploration projects in Mexico and for general working capital [1][3][6]. Summary by Sections Offering Details - The Offering consisted of units, each comprising one common share and one common share purchase warrant, with warrants priced at C$0.25 for a period of 24 months [2]. - The Offering was completed in two tranches: the first tranche closed on October 31, 2025, issuing 9,004,816 units for gross proceeds of C$1,350,722, and the second tranche closed on November 5, 2025, issuing 939,867 units for gross proceeds of C$140,980 [3]. Financial Aspects - The total gross proceeds from both tranches amounted to C$1,491,702 [3]. - The Company agreed to pay finder's fees totaling C$71,504 and issue 476,693 non-transferable finder's warrants, also priced at C$0.25 for a period of 24 months [4]. Management Participation - Ian McGavney, the director and CEO, purchased 269,000 units for C$40,350, which is classified as a related party transaction but is exempt from formal valuation and minority shareholder approval due to its size relative to the Company's market capitalization [5]. Use of Proceeds - Net proceeds from the Offering will be allocated to exploration at Colibri's flagship gold projects in Mexico, specifically the Pilar and EP projects, as well as for general working capital [6]. Company Overview - Colibri Resource Corporation is a Canadian junior mining company focused on the acquisition, exploration, and development of precious metal properties in Sonora, Mexico, holding a 100% interest in the EP Gold Project and a 49% joint venture interest in the Pilar Gold & Silver Project [7].
OROCO CLOSES FINAL TRANCHE OF NON-BROKERED PRIVATE PLACEMENT
Globenewswire· 2025-11-14 19:45
Core Insights - Oroco Resource Corp. has successfully closed the second tranche of its non-brokered private placement, issuing 2,500,000 units at a price of US$0.20 per unit, resulting in gross proceeds of US$500,000 [1][2] - The total gross proceeds from both tranches amount to US$2,030,999, with a total of 10,154,995 units issued [1][2] - The funds raised will support the Phase 2 drill program at the Santo Tomas Project, aimed at advancing towards a Pre-Feasibility Study [2] Company Overview - Oroco holds an 85.5% interest in the Core Concessions of the Santo Tomas Project, covering 1,173 hectares, and an 80% interest in an additional 7,861 hectares, totaling 9,034 hectares [3] - The Santo Tomas Project is located in northwestern Mexico and is known for significant copper porphyry mineralization, with prior exploration conducted from 1968 to 1994 [3] - The company has conducted a Phase 1 drill program since 2021, totaling 48,481 meters drilled across 76 diamond drill holes [3][4] Project Details - The Santo Tomas Project is strategically located 170 km from the Pacific deep-water port at Topolobampo, with access via highway and rail [5] - The project area is serviced by infrastructure including power lines and natural gas, enhancing its logistical advantages [5]
Alussa Energy Acquisition Corp. II Announces Closing of $287,500,000 Initial Public Offering
Globenewswire· 2025-11-14 19:00
Core Points - Alussa Energy Acquisition Corp. II completed its initial public offering (IPO) of 28,750,000 units at a price of $10.00 per unit, raising gross proceeds of $287,500,000 [1][4] - The units are listed on the New York Stock Exchange under the ticker symbol "ALUB U," with each unit comprising one Class A ordinary share and one-third of a redeemable warrant [2] - The company intends to focus on high potential businesses in the energy and power infrastructure sectors for its future business combinations [5] Offering Details - The IPO included the full exercise of the underwriter's over-allotment option, resulting in the issuance of an additional 3,750,000 units [1][6] - A concurrent private placement of 2,500,000 warrants was completed at $1.00 per warrant, generating additional gross proceeds of $2,500,000 [3] - The proceeds from the IPO and private placement have been placed in trust [4] Company Structure - Alussa Energy Acquisition Corp. II is a Cayman Islands exempted company formed as a blank check company, aiming to enter into various business combinations [5] - Santander US Capital Markets LLC acted as the sole book-running manager for the offering [6]
Cosa Announces Upsized C$7.5 Million Private Placement
Globenewswire· 2025-11-14 18:23
Core Viewpoint - Cosa Resources Corp. has announced an increase in the size of its private placement offering, aiming to raise up to approximately C$7,500,000 through the sale of various types of units and shares [1][4]. Group 1: Offering Details - The offering includes up to 11,538,462 hard dollar units at C$0.26 per unit, up to 7,537,690 charity flow-through units at C$0.398 per unit, and up to 5,000,000 flow-through common shares at C$0.30 per share [1]. - Each unit consists of one common share and one-half of a common share purchase warrant, while each charity flow-through unit consists of one flow-through share and one-half of a warrant [2]. - The total gross proceeds from the offering are expected to be used for exploration and working capital, with specific allocations for Canadian exploration expenses related to uranium projects in the Athabasca Basin [4]. Group 2: Regulatory and Financial Aspects - The offering will be conducted under exemptions from registration requirements in Canada and the United States, with a hold period of four months plus one day for the issued shares [5][8]. - A cash commission of 5.0% will be paid to agents on the gross proceeds, with a reduced commission of 3.0% for certain purchasers on a president's list [7]. Group 3: Company Background and Strategic Initiatives - Cosa Resources is a Canadian uranium exploration company with a portfolio of approximately 237,000 hectares in the Athabasca Basin, focusing on underexplored projects [10]. - The company has a strategic collaboration with Denison Mines, enhancing its access to additional uranium exploration projects [11]. - Cosa's management team has a proven track record in uranium exploration, having received awards for significant discoveries in the region [12].
Brixton Metals Announces Non-Brokered Private Placement of up to $18 Million
Globenewswire· 2025-11-14 12:30
Not for distribution to United States Newswire Services or for dissemination in the United StatesVANCOUVER, British Columbia, Nov. 14, 2025 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce a non-brokered private placement offering (the “Offering”) of any combination of National Flow-Through Units (“FT Units”) at a price of $0.08 per FT Unit, Critical Mineral Flow-Through Units (the “CMFT Units”) at a price of $0.085 per CMFT Unit, ...
GOAT Industries Closes Final Tranche Of Private Placement
Thenewswire· 2025-11-13 23:40
Core Points - GOAT Industries Ltd. has completed the final tranche of its non-brokered private placement, raising gross proceeds of C$3,360,513.30 through the sale of 11,201,711 units at C$0.30 per unit, bringing the total raised to C$5,379,713.10 [1][3] Group 1 - Each unit consists of one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of an additional share at $0.45 for two years [2] - The net proceeds will be used to fund the acquisition of 1509467 B.C. Ltd. and Vroom, Inc. (collectively known as BETSource), to expand BETSource's business, for future investments, and for general corporate purposes [3] - The company paid finder's fees totaling C$64,869.00 and issued 216,230 broker warrants, each allowing the acquisition of one-half of a common share at C$0.45 for two years [4] Group 2 - All securities issued under the offering are subject to a statutory hold period of four months and one day from the date of issuance [5] - GOAT Industries Ltd. is focused on investing in high-potential companies across various industries to generate maximum returns [6]
Denarius Metals Announces Upsize of LIFE Offering and Launches Concurrent Private Placement
Newsfile· 2025-11-13 23:15
Core Viewpoint - Denarius Metals Corp. has announced an increase in the size of its non-brokered private placement offering due to strong investor demand, raising the total offering to up to CA$10,000,000 [1][4] Offering Details - The LIFE Offering has been increased to up to 20,000,000 Units for gross proceeds of up to CA$10,000,000, while a Concurrent Offering of up to 5,500,000 Units at CA$0.50 per Unit aims for gross proceeds of up to CA$2,750,000 [1][2] - The total potential issuance from both offerings is 25,500,000 Units for gross proceeds of up to CA$12,750,000 [1] Unit Composition - Each Unit will consist of one common share and one-half of one common share purchase warrant, with each whole Warrant allowing the purchase of one common share at CA$0.70, exercisable 60 days after the closing date [2] Regulatory Compliance - The Units will be offered to purchasers in Canada (excluding Québec) under the Listed Issuer Financing Exemption and other exemptions under National Instrument 45-106 [3] - The maximum amount under the Listed Issuer Exemption for the LIFE Offering is CA$10,000,000 [3] Use of Proceeds - The net proceeds from the Offerings will be allocated to fund exploration and development at the Zancudo Project in Colombia, as well as for working capital and general corporate purposes [4] Company Overview - Denarius Metals is a Canadian junior company focused on the acquisition, exploration, development, and operation of precious metals and polymetallic mining projects in Colombia and Spain [10] - The company operates the Zancudo Project, a high-grade gold-silver deposit, and has interests in several projects in Spain, including the Aguablanca Project, recognized as a Strategic Project by the EU [11][12]
Private placement of 40,438,426 new shares fully subscribed – gross proceeds of approximately DKK 43 million to BioPorto A/S
Globenewswire· 2025-11-13 22:13
Core Viewpoint - BioPorto A/S has successfully completed a private placement of 40,438,426 new shares, raising approximately DKK 43 million, which will enhance the company's financial flexibility to pursue strategic priorities and strengthen its commercial platform [1][2]. Group 1: Private Placement Details - The private placement involved 40,438,426 new shares and is expected to generate gross proceeds of around DKK 43 million [1][2]. - The subscription price for the new shares is scheduled to be paid by 24 November 2025, with the share capital increase registration to follow shortly thereafter [2]. - BioPorto anticipates that the new shares will be listed on Nasdaq Copenhagen A/S by no later than 26 November 2025 [2]. Group 2: Strategic Implications - The funds raised will support the completion of data collection, submission of a pre-submission to the FDA, and initiation of a Validation Study in the U.S. clinical trial [2]. - The Board of BioPorto has considered various future financing options, including potential divestments of non-core assets and credit facilities, to ensure a balanced funding structure [2]. - The company aims to position itself for positive cash flow by the second half of 2027 [2]. Group 3: Company Overview - BioPorto specializes in in vitro diagnostics, focusing on actionable kidney biomarkers to improve patient management and outcomes [4][5]. - The flagship products are based on the NGAL biomarker, which aids in the risk assessment and management of Acute Kidney Injury (AKI) [5]. - BioPorto's tests are marketed under various registrations, including CE mark and FDA clearance for ProNephro AKI™ in the U.S. [5].