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Mundoro Closes Previously Announced Private Placement
Newsfile· 2025-11-13 22:00
Core Viewpoint - Mundoro Capital Inc. has successfully raised C$1,517,500 through a private placement, exceeding its initial target of C$1,500,000, indicating strong investor interest in the company's shares [1][2]. Group 1: Financing Details - The company received subscriptions for a total of 5,836,540 Common Shares at a price of C$0.26 per share [1]. - Insiders, including principal shareholders, directors, and officers, subscribed for approximately C$665,500 worth of Common Shares, qualifying as a related party transaction [2]. - The financing is exempt from formal valuation and minority shareholder approval requirements under MI 61-101, as the value does not exceed 25% of the company's market capitalization [2]. Group 2: Use of Proceeds - The net proceeds from the financing will be allocated to expanding the generative program in the Western United States, specifically targeting copper opportunities, as well as for general working capital [3]. Group 3: Company Overview - Mundoro Capital Inc. is publicly listed on the TSX-V in Canada and OTCQB in the USA, focusing on mineral properties primarily related to base and precious metals [5]. - The company's asset portfolio is designed to generate near-term cash payments and create royalties from mineral properties, with a current focus on copper in the Western Tethyan Belt and the Laramide Belt [5].
Palamina Announces Extension of Private Placement
Newsfile· 2025-11-13 21:30
Core Points - Palamina Corp. has closed the first tranche of its non-brokered private placement offering and is seeking a 30-day extension for price protection until December 12, 2025, to complete additional subscriptions totaling up to $865,625 [1] - The offering is subject to regulatory approvals and the receipt of subscriptions [1] - Palamina is an exploration company with high-grade copper-silver assets in Peru and gold projects in the Puno Orogenic Gold Belt, trading on TSX Venture Exchange under the symbol PA and on OTCQB under PLMNF [3]
Americas Gold and Silver Announces Upsize of "Bought Deal" Private Placement to US$115 Million
Globenewswire· 2025-11-13 17:01
Core Viewpoint - Americas Gold and Silver Corporation has increased the size of its private placement offering to US$115 million due to strong investor demand, which will consist of 28,750,000 common shares priced at US$4.00 each [2][3]. Group 1: Offering Details - The company has granted underwriters an option to purchase an additional 4,312,500 common shares at the same price, potentially raising an additional US$17.25 million [3]. - The net proceeds from the offering will be allocated towards funding the cash portion of an acquisition, capital expenditures, and working capital at the Crescent Mine, as well as general corporate purposes [4]. - The offering is expected to close around December 3, 2025, subject to regulatory approvals and other conditions [5]. Group 2: Company Background - Americas Gold and Silver is a growing North American mining company focused on producing silver, copper, and antimony from high-grade operations in the U.S. and Mexico [7]. - The company fully acquired the Galena Complex in December 2024, establishing it as a key U.S. silver asset and the leading active antimony-producing mine in the nation [7]. - With Eric Sprott as the largest shareholder, the company is well-funded for growth, having secured a C$50 million deal and a US$100 million term loan [7].
Americas Gold and Silver Announces Upsize of "Bought Deal" Private Placement to US$115 Million
Globenewswire· 2025-11-13 17:01
Core Viewpoint - Americas Gold and Silver Corporation has successfully increased the size of its private placement offering to US$115 million due to strong investor demand, which will support its acquisition and operational needs [2][4]. Group 1: Offering Details - The offering consists of 28,750,000 common shares priced at US$4.00 each, with an option for underwriters to purchase an additional 4,312,500 shares for up to US$17.25 million [2][3]. - The anticipated closing date for the offering is around December 3, 2025, pending regulatory approvals [5]. Group 2: Use of Proceeds - Net proceeds from the offering will be allocated to fund the cash portion of an acquisition, capital expenditures, and working capital at the Crescent Mine, as well as general corporate purposes [4]. Group 3: Company Background - Americas Gold and Silver is a growing North American mining company focused on silver, copper, and antimony production from high-grade operations in the U.S. and Mexico [7]. - The company recently took full ownership of the Galena Complex, enhancing its position as a leading U.S. silver and antimony producer [7].
Silver / Gold Mining Stock KINGSMEN RESOURCES (TSXV: KNG), (OTC: KNGRF) Announces Increase in Private Placement
Investorideas.com· 2025-11-13 16:08
Silver / Gold Mining Stock KINGSMEN RESOURCES (TSXV: KNG), (OTC: KNGRF) Announces Increase in Private Placement VANCOUVER, BRITISH COLUMBIA – November 13, 2025 – (Investorideas.com Newswire) Breaking mining stock news- KINGSMEN RESOURCES LTD. (TSXV: KNG), (OTC: KNGRF) (FSE: TUY) is pleased to announce that due to strong demand, it has elected to increase the previously announced non-brokered private placement (the "Financing") by up to $1,012,500. The Company now proposes to issue an aggregate of up to ...
Gatekeeper Announces Closing of Its $13.5 Million Bought Deal Private Placement, Including Full Exercise of Over-Allotment Option
Newsfile· 2025-11-13 13:42
Core Points - Gatekeeper Systems Inc. has successfully closed a brokered private placement, raising a total of $13.5 million through the issuance of 6,427,476 common shares at a price of $2.10 per share, including the full exercise of the over-allotment option [1][3] - The net proceeds from the offering will be utilized for growth opportunities, working capital for major contracts, and general corporate purposes [3] Group 1 - The offering was conducted under the "listed issuer financing" exemption, allowing it to proceed without a prospectus in Canada and other jurisdictions [2] - Canaccord Genuity Corp. and Raymond James Ltd. acted as co-lead underwriters for the offering, receiving a cash commission of $809,862, which is 6.0% of the gross proceeds [3] Group 2 - Gatekeeper Systems Inc. specializes in video and data solutions for transportation safety, having served over 60 transit agencies and 3,500 school districts in North America [5] - The company has installed more than 65,000 Mobile Data Collectors, which record video and data from over 200,000 onboard devices, facilitating AI-assisted video analytics [5]
Prismo Metals Announces Closing of Upsized Private Placement
Thenewswire· 2025-11-13 08:30
Core Points - Prismo Metals Inc. has successfully upsized and closed its non-brokered private placement, increasing the number of units from 12,500,000 to 17,450,000, resulting in gross proceeds of $1,745,000 due to strong investor demand [1][2] - The terms of the warrants associated with the units have been amended, with each unit now consisting of one common share and one full warrant, without the previous acceleration clause [2] - The net proceeds from the private placement will primarily be used for drilling at the Silver King project and for general corporate purposes, with an additional $125,000 expected from further subscriptions [3] Financial Details - The company issued 919,960 finder's warrants and paid finder's commissions totaling $92,398, along with a cash fee of $15,000 to a financial advisor in connection with the private placement [4] - All securities issued are subject to a four-month hold period under Canadian securities laws, and 303,275 units were issued to related parties, qualifying as a related party transaction [5] Company Overview - Prismo Metals Inc. is focused on mining exploration, particularly on three silver projects (Palos Verdes, Silver King, and Ripsey) and a copper project (Hot Breccia) located in Arizona [6]
Rio Silver Announces Closing of the Private Placement
Globenewswire· 2025-11-13 00:00
Core Points - Rio Silver Inc. has successfully closed a non-brokered private placement, issuing 22,000,000 units at a price of $0.10 per unit, resulting in gross proceeds of $2,200,000 [1][2] Group 1: Offering Details - Each unit consists of one common share and one share purchase warrant, with the warrant exercisable at $0.15 per share for three years, subject to early expiry conditions [2] - The company paid finders' fees totaling $70,920 in cash and issued 709,200 finder's warrants, which have the same terms as the warrants issued in the offering [3] Group 2: Use of Proceeds - The net proceeds from the offering will be allocated towards exploration and development projects in Peru, the Gerow Lake project in Northern Ontario, and general working capital [4] - The company will not use proceeds for the Maria Norte project until it receives approval from the TSX Venture Exchange [4]
Adelayde Announces Flow-Through and Non-Flow-Through Private Placements
Newsfile· 2025-11-12 21:03
Core Points - Adelayde Exploration Inc. is conducting a non-brokered flow-through private placement to raise up to $1,000,000 at a price of $0.13 per unit and a non-flow-through private placement to raise up to $1,500,000 at a price of $0.10 per unit [1] - The flow-through units will consist of one flow-through common share and one transferable share purchase warrant, while the non-flow-through units will consist of one common share and one transferable share purchase warrant [1] - Proceeds from the flow-through shares will be allocated to the company's existing properties in Canada, while net proceeds from the non-flow-through private placement will be used for general working capital [1] Financial Details - The flow-through private placement aims to raise $1,000,000, while the non-flow-through private placement targets $1,500,000 [1] - Each flow-through unit includes a warrant to purchase a non-flow-through common share at $0.25 for two years, and each non-flow-through unit includes a warrant to purchase a common share at $0.20 for five years [1] Regulatory Information - All securities issued in connection with the private placements will be subject to a statutory hold period of four months and one day after closing [1] - Finder's fees may be paid to eligible finders in connection with the private placements [1]
DAVIDsTEA Announces $3.0 Million Private Placement and $2.7 Million Revenue-Linked Financing
Globenewswire· 2025-11-12 12:00
Core Viewpoint - DAVIDsTEA Inc. is transitioning from a turnaround phase to a growth phase, supported by recent financing initiatives aimed at expanding its retail presence across Canada and enhancing working capital [3][4]. Financing Details - The company has secured a private placement of units totaling $3 million, which will involve issuing 3,333,334 units at a price of $0.90 per unit [4][12]. - Additionally, DAVIDsTEA has entered into a revenue-linked financing agreement, receiving $2.7 million from an institutional partner, which is non-dilutive and adds to the company's working capital [2][6]. Strategic Goals - The financing is intended to support the opening of new stores and to enhance the company's liquidity and financial flexibility, positioning DAVIDsTEA for sustainable profitability and long-term value creation [4][6]. - The CEO emphasized the goal of expanding the DAVIDsTEA experience to more communities, focusing on wellness and specialty tea [3][4]. Shareholder Participation - Pembroke Heritage Fund Limited and Pembroke Genesis Pooled Fund subscribed for 50% of the units in the private placement, contributing $1.5 million [5][6]. - Jane Silverstone Segal, Chair of the Board, also subscribed for the remaining 50%, indicating strong insider support for the financing [7][8]. Share Structure Impact - Following the private placement, the total number of common shares is expected to increase from 27,145,589 to 30,478,923, with Jane Silverstone Segal's ownership percentage rising from 44.76% to 45.33% [11][12]. Regulatory Compliance - The private placement involving Jane Silverstone Segal is classified as a "related party transaction" but is exempt from certain formal requirements due to the subscription amount being below 25% of DAVIDsTEA's market capitalization [8][9].