Private Placement
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Giga Metals Completes Final Tranche of Upsized Private Placement
Globenewswire· 2025-11-06 21:05
Core Viewpoint - Giga Metals Corp. has successfully completed a private placement to fund exploration activities at the Turnagain Project, focusing on underexplored areas with potential for copper and PGE mineralization [1][3]. Group 1: Private Placement Details - The company closed 3,904,109 Non-Flow-Through Units at $0.11 each for gross proceeds of $429,451 and 8,637,693 Flow-Through Units at $0.13 each for gross proceeds of $1,122,900 [2]. - Each unit consists of one share and one share purchase warrant, with full warrants exercisable at Cdn. $0.25 for three years, expiring on October 29, 2028, and November 6, 2028, respectively [2]. - Finder's fees amounted to $106,424 in cash and 857,563 finder's warrants, each exercisable into one common share at $0.13 for three years [3]. Group 2: Use of Proceeds - Proceeds from the private placement will be allocated for general corporate purposes and the company's exploration program [4]. Group 3: Debt Settlement - The company is settling approximately $63,250 in debt through the issuance of common shares at a deemed price of $0.10 per share, with $25,000 owed to a former officer for management services [5]. Group 4: Company Overview - Giga Metals Corporation's core asset is the Turnagain Project in northern British Columbia, which contains significant undeveloped sulphide nickel and cobalt resources [6]. - The Turnagain ultramafic complex is also prospective for copper, platinum, and palladium mineralization in the Attic Zone, adjacent to the known nickel resource [7].
Stellar AfricaGold Inc. Closes $4 Million Private Placement
Thenewswire· 2025-11-06 19:15
Core Points - Stellar AfricaGold Inc. has successfully closed a non-brokered private placement, raising a total of $4 million through the issuance of 22,222,222 units at a price of C$0.18 per unit [1][2] - Each unit consists of one common share and one-half of a transferable common share purchase warrant, with warrants allowing the purchase of additional shares at $0.28 for 36 months [2] - Proceeds from the offering will be used for exploration efforts at the Tichka Est Gold Project in Morocco and the Zuénoula gold property in Ivory Coast, as well as for general corporate purposes [3] Financial Details - The total gross proceeds from the offering amount to $4 million [2] - Finder's fees for the offering included $111,938.40 in cash, 557,725 units, and 64,155 non-transferable Finder's Warrants [5] - Two directors subscribed for a total of 677,545 units, generating gross proceeds of $121,958.10, classified as a related party transaction [6] Regulatory Information - All securities issued are subject to a statutory hold period of four months and one day, expiring on March 1, 2026 [4] - The securities have not been registered under the United States Securities Act of 1933 and cannot be offered or sold in the U.S. without compliance with registration requirements [7] Company Overview - Stellar AfricaGold Inc. is focused on precious metals exploration in North and West Africa, with key projects in Morocco and Côte d'Ivoire [8] - The company is listed on the TSX Venture Exchange, Tradegate Exchange, and Frankfurt Stock Exchange [9] - The head office is located in Vancouver, BC, with a representative office in Casablanca, Morocco [10]
Ensurge Micropower ASA – Contemplated private placement
Globenewswire· 2025-11-06 15:31
Core Viewpoint - Ensurge Micropower ASA is planning a private placement of new shares to raise gross proceeds of up to NOK 100 million, divided into two tranches, to support product development and operational enhancements [1][2][4]. Group 1: Private Placement Details - The private placement will consist of two tranches: Tranche 1 will include 83,678,032 Offer Shares under a 10% board authorization, while Tranche 2 will include additional shares to meet the total offer size [2]. - The Offer Price and final number of Offer Shares will be determined through an accelerated bookbuilding process starting after trading closes on Euronext Oslo Børs [3]. - The bookbuilding period is set to commence on 6 November 2025 and is expected to close by 7 November 2025 [6]. Group 2: Use of Proceeds - Net proceeds from the private placement will be allocated to expanding the team for product development, upgrading capital equipment for manufacturing, and general corporate purposes [4]. Group 3: Investor Interest - Indicated investors have shown sufficient interest to cover the full private placement, ensuring demand for the Offer Shares [5]. Group 4: Allocation and Settlement - Tranche 1 Offer Shares will be tradable from 7 November 2025, with settlement expected around 11 November 2025, while Tranche 2 will be tradable following EGM approval on or about 3 December 2025 [8]. - The final allocation of Offer Shares will be at the discretion of the Board, based on various criteria including indications of interest and existing ownership [9]. Group 5: Subsequent Offering - A subsequent offering may be proposed for existing shareholders who were not allocated shares in the private placement, subject to certain conditions [16].
SureNano Announces Private Placement
Newsfile· 2025-11-05 23:36
Core Viewpoint - SureNano Science Ltd. is planning a private placement to raise up to $1,250,000 through the sale of units, which will include common shares and purchase warrants [1][2]. Group 1: Private Placement Details - The private placement will consist of up to 10,000,000 units priced at $0.125 each, with each unit comprising one common share and one warrant [2]. - Each warrant allows the holder to purchase one common share at $0.35 for 24 months, with an acceleration provision if the share price exceeds $0.50 for ten consecutive trading days [2]. - Finders introducing subscribers may receive a 6% cash commission and 6% in common share purchase warrants, also exercisable at $0.35 for 24 months [3]. Group 2: Use of Proceeds - Proceeds from the private placement will be allocated for operating expenses, including legal and audit fees, and general working capital [3]. - The company aims to explore new markets for its SureNano™ surfactant and investigate complementary industries [3]. Group 3: Company Overview - SureNano Science Ltd. specializes in the sale and distribution of the SureNano™ surfactant, a food-grade compound for high-performance nanoemulsions [5]. - The company holds an exclusive license to distribute the SureNano™ surfactant in Canada, Oklahoma, and Colorado [5].
Viewbix Announces $3 million Private Placement at Premium to Market Price
Globenewswire· 2025-11-05 13:07
Core View - Viewbix Inc. has entered into definitive agreements for the purchase and sale of approximately $3.0 million shares of common stock and pre-funded warrants, priced at a premium to the closing price on November 4, 2025 [1][5] Group 1: Transaction Details - The company will issue an aggregate of 800,000 units and pre-funded units, with common units priced at $3.75 per unit and pre-funded units priced similarly minus the pre-funded warrant exercise price of $0.0001 [3] - Each unit consists of one share of common stock and one common warrant exercisable at $5.625 per share, with a term of 5 years from issuance [3] - The closing of the private placement is expected in December 2025, subject to customary closing conditions and stockholder approval [4] Group 2: Use of Proceeds - Aggregate gross proceeds are expected to be approximately $3.0 million before deducting fees and expenses, with net proceeds intended for general corporate purposes, working capital, and debt repayment [5] Group 3: Company Overview - Viewbix operates in digital advertising through subsidiaries Gix Media Ltd. and Cortex Media Group Ltd., focusing on search and digital content [8] - The company develops technological software solutions for automating, optimizing, and monetizing internet campaigns, aimed at acquiring and routing user traffic [8]
Armory Mining Announces Private Placement
Thenewswire· 2025-11-03 23:15
Core Viewpoint - Armory Mining Corp. is initiating a non-brokered private placement offering to raise up to $500,000 through the sale of 9,090,000 units at a price of $0.055 per unit [1][3] Group 1: Offering Details - Each unit consists of one common share and one transferable common share purchase warrant, allowing the holder to purchase an additional common share at $0.085 for five years [2] - The proceeds from the offering will be allocated for working capital and general corporate purposes [3] Group 2: Company Overview - Armory Mining Corp. is focused on minerals critical to the energy, security, and defense sectors [4] - The company holds an 80% interest in the Candela II lithium brine project in Argentina and a 100% interest in the Riley Creek antimony-gold project in British Columbia, along with an option for a 100% interest in the Ammo antimony-gold project in Nova Scotia [4]
Bitcoin Well Announces Extension Of Private Placement Offering And Anticipated Second Tranche
Thenewswire· 2025-10-31 22:30
Core Insights - Bitcoin Well Inc. has received a thirty-day extension from the TSX Venture Exchange to complete its private placement of units at a price of C$0.102 per unit [1] - The company plans to close a second tranche of the offering on or before November 28, 2025, with proceeds aimed at enhancing its Bitcoin treasury, working capital, and general corporate purposes [2] Company Overview - Bitcoin Well is focused on making Bitcoin accessible to everyday users, providing modern banking conveniences alongside the benefits of Bitcoin [4] - The company operates Bitcoin ATMs and an online Bitcoin portal, which generate cash flow to support its mission [4]
Gunnison Copper Announces Closing of Private Placement for Gross Proceeds of C$13.1 Million
Newsfile· 2025-10-30 21:30
Core Viewpoint - Gunnison Copper Corp. has successfully closed a non-brokered private placement financing, raising gross proceeds of C$13.1 million through the issuance of 29,138,378 Units, which will be utilized for various project-related activities and general working capital [1][3]. Financing Details - The financing consists of two components: a LIFE offering of 24,858,878 Units raising C$11,186,495.10 and a Hold offering of 4,279,500 Units raising C$1,925,775 [1][3]. - Each Unit is priced at C$0.45 and includes one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at C$0.65 for 36 months [2]. Use of Proceeds - Net proceeds from the Offering will be allocated to drilling, metallurgical testing, permitting activities for a pre-feasibility study, general administrative expenses, partial debt repayment to Nebari, and general working capital [3]. Offering Structure - The LIFE Offering Units were sold under the listed issuer financing exemption, allowing immediate tradeability under Canadian securities legislation [4]. - The Hold Offering Units are subject to a four-month hold period in Canada, expiring on March 1, 2026 [5]. Finder's Fees - Red Cloud Securities Inc. and other finders received a cash commission of 6% on the gross proceeds and were issued non-transferable finder warrants equal to 6% of the Units sold [6]. Company Overview - Gunnison Copper Corp. is a copper developer and producer controlling the Cochise Mining District in Southern Arizona, with its flagship Gunnison Copper Project having a Measured and Indicated Mineral Resource of over 831.6 million tons at a total copper grade of 0.31% [10][11]. - The project has a preliminary economic assessment indicating an NPV8% of $1.3 billion, an IRR of 20.9%, and a payback period of 4.1 years [11].
Searchlight Resources Announces Closing of Private Placement
Newsfile· 2025-10-30 20:43
Core Points - Searchlight Resources Inc. has successfully closed a private placement, raising a total of $759,151 by issuing 13,802,741 units at a price of $0.055 per unit [2][3] - Each unit consists of one common share and one full purchase warrant, allowing the holder to purchase one common share at $0.10 for four years [2][3] - The funds raised will be used for exploration expenditures on mineral properties and for general working capital [3][4] Company Overview - Searchlight Resources Inc. is a Canadian mineral exploration and development company focused on Saskatchewan, recognized as the top location for mining investment in Canada by the Fraser Institute [4] - The company combines skilled project-generation with modern exploration techniques, focusing on battery minerals and gold throughout the province [4]
Insight Digital Partners II Announces Closing of $172.5 Million Initial Public Offering Including Exercise of Underwriters’ Over-Allotment Option in Full
Globenewswire· 2025-10-30 16:40
Company Overview - Insight Digital Partners II has successfully closed its initial public offering (IPO) of 17,250,000 units at a public offering price of $10.00 per unit, which includes 2,250,000 units from the underwriters' over-allotment option [1] - Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share [1] Trading Information - The units are listed on The Nasdaq Global Market under the ticker symbol "DYORU" and commenced trading on October 29, 2025 [2] - Once the securities begin separate trading, the Class A ordinary shares and warrants are expected to be listed under the symbols "DYOR" and "DYORW," respectively [2] Private Placement Details - Concurrently with the IPO, the company closed a private placement of 5,450,000 warrants at a price of $1.00 per warrant, resulting in gross proceeds of $5,450,000 [3] - The proceeds from the IPO and private placement resulted in $172,500,000 being placed in trust, equating to $10.00 per unit sold in the public offering [3] Business Focus - Insight Digital Partners II is a blank check company formed to effect a merger or similar business combination with one or more businesses [4] - The company aims to target high-growth sectors within the digital economy, including infrastructure for stablecoins and digital payments, staking and mining operations, trading platforms, and high-performance computing [4]