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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
Core Points - 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, including 2,250,000 units from the underwriters' over-allotment option [1] - The units began trading on Nasdaq under the ticker symbol "DYORU" on October 29, 2025, with Class A ordinary shares and warrants expected to be listed under "DYOR" and "DYORW" respectively [2] - The company also completed a private placement of 5,450,000 warrants at $1.00 per warrant, generating gross proceeds of $5,450,000, with a total of $172,500,000 placed in trust from the IPO and private placement [3] Company Overview - Insight Digital Partners II is a blank check company aimed at executing mergers, amalgamations, share exchanges, asset acquisitions, or similar business combinations, targeting high-growth sectors within the digital economy [4] - The company plans to focus on opportunities in areas such as infrastructure for stablecoins and digital payments, staking and mining operations, trading platforms, and high-performance computing, as well as innovative energy solutions [4] Management and Underwriting - Cohen & Company Capital Markets acted as the sole book-running manager for the offering [5]
Citizen Energy Ventures launches $20m Anadarko Basin drilling fund
Yahoo Finance· 2025-10-30 09:39
Core Insights - Citizen Energy Ventures has launched a $20 million private placement initiative aimed at oil and gas drilling in the Anadarko Basin, Oklahoma [1] - The Citizen Energy 2025 Drilling Fund will invest in eight wells within the Cherokee formation to establish long-term oil and natural gas reserves [1][4] - The company has previously secured over $50 million from institutional investors to support its drilling schedule and reduce operational costs [2] Company Strategy - The entry into the private placement market is a strategic move to extend the company's capabilities in identifying and developing oil and gas leases in the Anadarko Basin [3] - The fund is structured to provide direct tax benefits to investors participating as general partners [2] - The management team has over ten years of experience in the Cherokee Formation and other productive zones [3] Operational Background - The Anadarko Basin covers nearly all of western Oklahoma and extends into three other states, spanning approximately 50,000 square miles (80,467 km²) and reaching a depth of seven miles [3] - The Cherokee formation contains conventional reservoirs and source rocks with established reserves [4] - Citizen Energy Ventures has drilled and completed more than 300 horizontal wells in the Anadarko Basin since 2012 [4] Recent Developments - Validus Energy signed an agreement to acquire Citizen Energy for over $2 billion last year [5]
Cartier Silver Announces Closing of Upsized $2 Million Brokered Private Placement Led by Centurion One Capital
Newsfile· 2025-10-30 00:10
Core Points - Cartier Silver Corporation has successfully closed an upsized brokered private placement, raising a total of $2 million through the issuance of 16,000,000 units at a price of $0.125 per unit [1][3] - Each unit consists of one common share and one-half of a share purchase warrant, with the whole warrant allowing the purchase of one share at $0.20 for 36 months [2] - The proceeds from the offering will be allocated for exploration and drilling on the Los Chorrillos Project in Bolivia and for general working capital [3] Financial Details - The agent, Centurion One Capital, received a cash commission of $160,000 and 1,280,000 broker warrants, with each warrant allowing the acquisition of a share at $0.125 for 36 months [4] - A corporate finance fee of $100,000 was also paid to the agent, equating to 5% of the gross proceeds, through the issuance of 800,000 units [4] Insider Participation - Insiders of the company acquired a total of 1,810,000 units in the offering, which is classified as a related party transaction [6] - No formal valuation or minority shareholder approval was required as the transaction's fair market value did not exceed 25% of the company's capitalization [6] Company Overview - Cartier Silver Corporation focuses on the exploration and development of silver property assets, including the Los Chorrillos Project in Bolivia, and holds significant iron ore resources in Quebec [8]
StrikePoint Gold Announces Non-Brokered Private Placement LIFE Offering of up to $3 Million
Newsfile· 2025-10-29 23:09
Core Points - StrikePoint Gold Inc. has announced a non-brokered private placement under the Listed Issuer Financing Exemption (LIFE Offering) for gross proceeds of up to CAD $3 million [1][6] - The offering will consist of up to 20,000,000 units priced at CAD $0.15 per unit, each unit comprising one common share and one warrant [2][3] - The company intends to use the net proceeds for exploration activities at its two Nevada-based projects, the Hercules Gold Project and the Cuprite Gold Project, as well as for general working capital [6] Offering Details - Each warrant is exercisable into one common share at an exercise price of CAD $0.30 for a period of 24 months from closing [2] - The LIFE Offering is available to purchasers residing in Canada, except Québec, and the securities will not be subject to a hold period under applicable Canadian securities laws [3] - The company may pay finders' fees and issue finders' warrants to eligible persons in connection with the LIFE Offering [5] Insider Participation - The company anticipates that insiders will subscribe for units, which is considered a related party transaction [7] - The participation of insiders will not exceed 25% of the fair market value of the company's market capitalization, allowing the company to rely on exemptions from formal valuation and minority shareholder approval requirements [7] Company Overview - StrikePoint Gold Inc. is focused on building precious metals resources in the Western United States and Canada, holding approximately 145 square kilometers of mineral claims [11] - The management team has extensive experience in exploration, finance, and engineering, with a history of successful transactions in the mining sector [12]
Apex Treasury Corporation Announces Closing of Upsized $344.7 Million Initial Public Offering Including Exercise of Underwriters’ Over-Allotment Option
Globenewswire· 2025-10-29 18:34
Core Points - Apex Treasury Corporation has successfully closed its upsized initial public offering (IPO) of 34,470,000 units at a public offering price of $10.00 per unit, which includes 4,470,000 units from the underwriters' over-allotment option [1] - Each unit consists of one Class A ordinary share and one-half of a redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 [1] - The units began trading on The Nasdaq Global Market under the ticker symbol "APXTU" on October 28, 2025, with separate trading expected for Class A ordinary shares and warrants under the symbols "APXT" and "APXTW" respectively [2] - Concurrently, the company closed a private placement of 8,894,000 warrants at $1.00 per warrant, generating gross proceeds of $8,894,000, with a total of $344,700,000 placed in trust from the IPO and private placement [3] - Apex Treasury Corporation is a blank check company aimed at effecting a merger or similar business combination, initially focusing on opportunities in the digital asset sector [4] - Cohen & Company Capital Markets acted as the sole book-running manager for the offering [5]
Apex Treasury Corporation Announces Closing of Upsized $344.7 Million Initial Public Offering Including Exercise of Underwriters' Over-Allotment Option
Globenewswire· 2025-10-29 18:34
Core Points - Apex Treasury Corporation has successfully closed its upsized initial public offering (IPO) of 34,470,000 units at a public offering price of $10.00 per unit, which includes 4,470,000 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] - The units began trading on The Nasdaq Global Market under the ticker symbol "APXTU" on October 28, 2025, with separate trading expected for Class A ordinary shares and warrants under the symbols "APXT" and "APXTW," respectively [2] - Concurrently, the company closed a private placement of 8,894,000 warrants at a price of $1.00 per warrant, generating gross proceeds of $8,894,000 [3] - Apex Treasury Corporation is a blank check company formed to pursue mergers, share exchanges, asset acquisitions, or similar business combinations, initially focusing on opportunities in the digital asset sector [4] - Cohen & Company Capital Markets acted as the sole book-running manager for the offering [5]
PyroGenesis Announces Closing of the First Tranche of the Second Unit Group of the Non-Brokered Private Placement for Approximately $822,000
Globenewswire· 2025-10-29 11:00
Core Points - PyroGenesis Inc. has completed the first tranche of the Second Unit Group of a non-brokered private placement, issuing 4,110,000 units at a price of $0.20 per unit, resulting in gross proceeds of approximately $822,000 [1][3] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at $0.40 for 24 months [1] - The first tranche of the First Unit Group was previously closed, selling 5,555,556 units at $0.63 per unit, generating approximately $3,500,000 [2] - Proceeds from the private placement will be used for working capital and general corporate purposes [3] Group 1 - The second unit group was slightly oversubscribed, and both unit groups remain open with expected closure next week [3] - The private placement has been conditionally approved by the TSX, pending final approval and customary closing conditions [3] Group 2 - PyroGenesis leverages 30 years of plasma technology leadership to provide advanced engineering solutions across various industries, including energy, aerospace, and defense [5] - The company is ISO 9001:2015 and AS9100D certified, maintaining ISO certification since 1997 [5] - PyroGenesis' shares are traded on multiple stock exchanges, including TSX, OTCQX, and Frankfurt [5]
Skyline Builders Group Holding Ltd. Announces Pricing of $23.9 Million Private Placement
Globenewswire· 2025-10-29 04:46
Core Points - Skyline Builders Group Holding Limited has entered into a definitive securities purchase agreement for a private placement of 17,370,909 Class A ordinary shares and associated warrants, aiming for gross proceeds of approximately $23.885 million [1][3] Group 1: Offering Details - The offering includes Class A ordinary shares and prefunded warrants, with a purchase price of $1.375 for one Class A ordinary share and one ordinary warrant, and $1.37499 for one prefunded warrant and one ordinary warrant [1][2] - Each prefunded warrant is immediately exercisable at an exercise price of $0.0001 per share, while each ordinary warrant is exercisable at $1.50 per share until the fifth anniversary of issuance [2] Group 2: Use of Proceeds - The company intends to use the net proceeds from the offering for general working capital and other corporate purposes [3] Group 3: Company Overview - Skyline Builders Group Holding Limited operates as an approved public works contractor in Hong Kong, focusing on civil engineering services, including roads and drainage works [6] - The company primarily undertakes public sector infrastructure projects and private sector residential and commercial developments [6]
Starcore Closes Private Placement
Newsfile· 2025-10-29 00:07
Core Points - Starcore International Mines Ltd. has successfully closed a non-brokered private placement, raising $5,000,000 through the issuance of 20,000,000 units at a price of $0.25 per unit [1] - Each unit consists of one common share and one-half of a transferable common share purchase warrant, with the whole warrant exercisable for two years at a price of $0.35 per share [1] - The company has paid $92,099.79 in finders' fees and issued 368,399 finders' warrants, which expire within one year [2] - All securities from this financing are subject to a hold period of four months plus one day [2] - Starcore has a total of 89,863,517 common shares issued and outstanding [2] Company Overview - Starcore International Mines focuses on precious metals production, primarily in Mexico, and has exploration and development projects across North America and Côte d'Ivoire [3] - The company emphasizes Corporate Social Responsibility and aims to make value-driven decisions to enhance long-term shareholder value [3]
Rio Silver Receives Conditional Approval for $2.2M Private Placement
Globenewswire· 2025-10-28 23:47
Core Points - Rio Silver Inc. has received "Conditional Approval" from the TSX Venture Exchange for a non-brokered private placement, raising gross proceeds of $2,200,000 [1][4] - The offering consists of 22,000,000 units priced at 10 cents each, with each unit including one common share and one non-transferable warrant exercisable at 15 cents for three years [2][3] - The proceeds will be allocated towards exploration projects in Peru, general working capital, and debt settlement [3] Financial Details - The total gross proceeds from the offering amount to $2,200,000, with finders' fees of $74,520 and 745,200 broker warrants issued [2][3] - Each broker warrant allows the holder to acquire one common share at an exercise price of 15 cents for three years [3] Project Updates - The company is expecting approval for the acquisition of the Maria Norte Au-Ag-Pb-Zn project, with updates provided on September 17, 2025 [5] Company Overview - Rio Silver focuses on acquiring precious metal assets that are expected to generate near-term cash flow, supporting its exploration and development plans [6] - The company expresses optimism regarding Peru's supportive mining policies and ongoing investment in the region [6]