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X @BSCN
BSCN· 2025-09-12 03:51
Financial Highlights - Forward Industries 完成 16.5 亿美元($1.65B)的私募融资 [1] Strategic Focus - 公司计划建立最大的 Solana 生态企业金库 [1] Industry Positioning - Forward Industries 是一家纳斯达克上市公司 [1]
Vortex Metals Announces Non-Brokered Private Placement
Newsfile· 2025-09-11 21:17
Core Viewpoint - Vortex Metals Inc. is conducting a non-brokered private placement to raise up to $600,000 through the sale of units priced at $0.04 each, which will consist of common shares and warrants [1][2]. Group 1: Offering Details - The offering will consist of a maximum of 15,000,000 units, with each unit comprising one common share and one-half of a common share purchase warrant [2]. - Each whole warrant allows the holder to purchase an additional share at an exercise price of $0.08 for 36 months from issuance [2]. - An acceleration clause is included, allowing the company to expedite the expiry of warrants if the share price exceeds $0.15 for 10 consecutive days after 18 months [3]. Group 2: Use of Proceeds - The company plans to allocate approximately 40% of the proceeds for mining concession fees, another 40% for exploration fees, and the remaining 20% for general working capital [3]. Group 3: Regulatory and Compliance - All securities issued will be subject to a hold period of four months and one day from the issuance date, in accordance with applicable securities laws [5]. - The completion of the offering is contingent upon receiving necessary regulatory approvals, including from the TSX Venture Exchange [5]. Group 4: Company Overview - Vortex Metals Inc. focuses on copper-gold exploration and development, holding interests in projects in Chile and Mexico, including the Illapel Copper Project and two drill-ready properties in Oaxaca [7].
Team, Inc. Announces Private Placement of Preferred Stock
Globenewswire· 2025-09-11 20:15
Core Viewpoint - Team, Inc. has successfully closed a $75 million private placement of preferred stock and warrants with Stellex Capital Management, which will reduce debt and enhance financial flexibility while establishing a strategic partnership aligned with the company's management priorities [2][3]. Financial Transaction Highlights - The transaction involves the sale of $75 million of 10.5% Series B Preferred Stock, with dividends payable quarterly either in kind or cash [4]. - The proceeds will be used to repay $25 million of loans under the ABL Credit Facility and approximately $42 million under the Second Lien Term Loan Credit Agreement [4]. - Stellex will receive 982,371 Tranche A Warrants and 470,889 Tranche B Warrants, with exercise prices of $23.00 and $50.00 per share, respectively [4]. Debt Reduction and Financial Flexibility - The transaction allows for the repayment of approximately $67 million of debt and includes amendments to existing credit facilities to increase commitment amounts and reduce applicable margins [6][7]. - The ABL Credit Facility commitment amount is increased from $130 million to $150 million, with a maturity extension to October 2028 [7]. - The First Lien Term Loan Facility has also been amended to reduce the applicable margin by 25 basis points, enhancing financial flexibility [8]. Strategic Partnership and Future Growth - Stellex will have the right to nominate two members to Team's Board of Directors, indicating a deeper strategic partnership [5]. - The investment is seen as a commitment to operational excellence, technology advancement, and long-term value creation for customers and shareholders [3].
Adelayde Announces Investment Dealer Exemption to Private Placement to Fund Gold Drill Program in Esmeralda County, Nevada
Newsfile· 2025-09-11 16:36
Core Viewpoint - Adelayde Exploration Inc. is initiating a private placement to fund a gold drill program in Esmeralda County, Nevada, leveraging the Investment Dealer Exemption to enhance its capital position amid rising gold prices [1][2][3]. Group 1: Private Placement Details - The company plans to raise gross proceeds of up to $1 million through the issuance of up to 20 million units at a price of $0.05 per unit, with each unit consisting of one common share and one transferable share purchase warrant [4]. - Each warrant will allow the holder to acquire an additional share at a price of $0.075 until five years from the closing of the financing [4]. - The net proceeds will be allocated towards general working capital, and finder’s fees may be paid to eligible finders [4]. Group 2: Strategic Context - With gold prices at record highs and only 29 million shares outstanding, the company views this as an optimal time to advance its gold project in Nevada, a leading jurisdiction for gold and silver mining [2][3]. - The company is also pursuing activities in its Tungsten project in New Brunswick and the Perron-East Gold Project in Quebec, which has shown significantly enhanced economics with a post-tax IRR of 70.1% and a post-tax NPV of C$1.085 billion at US$2,500/oz gold [3]. - Adelayde's current market capitalization is under $2 million, indicating that exploration success could lead to a substantial re-rating of its valuation [3]. Group 3: Company Overview - Adelayde Exploration Inc. holds multiple projects, including three lithium projects in Clayton Valley, Nevada, and a gold project in Esmeralda County, Nevada [6][7]. - The company’s lithium projects include the McGee lithium clay deposit, the Elon lithium brine project, and the Green Clay lithium project, alongside other mineral projects in New Brunswick [6][7].
Hycroft Announces Closing of $60 Million Private Placement
Prnewswire· 2025-09-11 13:00
Core Viewpoint - Hycroft Mining Holding Corporation successfully closed a non-brokered private placement, raising gross proceeds of US$60 million, primarily to advance the Hycroft Mine and for working capital purposes [1][2]. Group 1: Private Placement Details - The private placement consisted of 14,017,056 units priced at $4.2805 per unit, with each unit comprising one common share and one-half common share purchase warrant [2]. - Each warrant is exercisable into one common share at a price of $6.00 per share for a period of 24 months, with an accelerator provision [2]. - The net proceeds will be used mainly for advancing the Hycroft Mine and general corporate purposes, with the company's unrestricted cash post-placement estimated at approximately $129 million [2]. Group 2: Investor Participation - Eric Sprott, through 2176423 Ontario Ltd., acquired 9,344,704 units for a total of $40 million, while Tribeca Global Natural Resources Ltd. acquired 4,438,734 units for $19 million [3]. - Following the private placement, Mr. Sprott beneficially owns approximately 33% of the outstanding shares, totaling about 17,535,528 common shares [2][3]. Group 3: Company Overview - Hycroft Mining Holding Corporation is focused on developing the Hycroft Mine, one of the largest precious metals deposits in northern Nevada, transitioning from oxide heap leaching to processing sulfide ore [6]. - The company is also engaged in exploration drilling to expand high-grade silver systems and unlock the mine's full potential [6].
X @Wu Blockchain
Wu Blockchain· 2025-09-11 12:16
Nasdaq-listed Forward Industries has completed its previously announced $1.65 billion private placement to build out the largest corporate treasury focused on Solana. Galaxy, Jump Crypto, and Multicoin Capital leading over $300 million in funding. https://t.co/UHPpGyWVKv ...
X @TylerD 🧙‍♂️
TylerD 🧙‍♂️· 2025-09-11 10:31
Forward Industries officially closed its $1.65B private placementWith plans to use those funds to buy SOL https://t.co/R11aFkDddW ...
F3 Announces Bought Deal LIFE Private Placement for Gross Proceeds of C$15 Million
Newsfile· 2025-09-10 20:54
Core Viewpoint - F3 Uranium Corp. has announced a bought deal private placement to raise gross proceeds of C$15 million for exploration and corporate purposes in the Athabasca Basin, Saskatchewan [1][5]. Group 1: Offering Details - The offering consists of Units and Flow-Through (FT) Units, where each Unit includes one common share and one-half of a warrant, while each FT Unit includes one flow-through share and one-half of a warrant [2][3]. - The offering includes an Over-Allotment Option allowing underwriters to purchase additional Units and FT Units for up to C$2 million in gross proceeds [4]. - The offering is scheduled to close on October 1, 2025, subject to regulatory approvals [11]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated to fund exploration projects in the Athabasca Basin and for general corporate purposes [5]. - The gross proceeds from the sale of FT Shares will be used for eligible Canadian exploration expenses related to uranium projects, with all qualifying expenditures renounced in favor of FT Unit subscribers effective December 31, 2025 [6]. Group 3: Company Overview - F3 Uranium Corp. focuses on uranium exploration, particularly in the high-grade JR Zone and Tetra Zone within the Patterson Lake North Project in the Western Athabasca Basin [13]. - The company holds three properties in the Athabasca Basin, which is known for hosting some of the world's largest high-grade uranium deposits [13].
Muzhu Announces Private Placement
Thenewswire· 2025-09-10 15:00
 Vancouver, BC – TheNewswire - September 10, 2025 – Muzhu Mining Ltd. (CSE:MUZU) (FSE:Y33) (OTCQB:MUZUF) (“Muzhu” or the “Company”) is pleased to announce that the Company has arranged a non-brokered flow-through private placement of 4,250,000 units at $0.10 per unit for an aggregate amount of $425,000.  Each Unit is comprised of one (1) flow-through common share (each, a “Share”) of the Company and one (1) non-transferable share purchase warrant (the “Warrants”).  Each Warrant entitles the holder to purch ...
Tinka Upsizes Private Placement to C$14 Million and Announces Grant of Stock Options
Newsfile· 2025-09-10 10:30
Core Viewpoint - Tinka Resources Limited has increased its private placement financing from C$11 million to C$14 million due to strong investor demand, and plans to undertake a share consolidation prior to the offering [1][2]. Upsizing of Offering - The upsized offering will consist of the sale of up to 254,545,455 units at a price of C$0.055 per unit pre-consolidation, or 50,909,091 units at C$0.275 per unit post-consolidation, aiming for gross proceeds of up to C$14 million [2]. - Each unit includes one common share and one-half of a common share purchase warrant, with warrants allowing the purchase of additional shares at C$0.08 pre-consolidation or C$0.40 post-consolidation for 36 months from the closing [2]. Participation and Related Party Transactions - Certain directors and officers of the company, along with Nexa Resources S.A. and Compañia de Minas Buenaventura SAA, may participate in the offering to maintain their pro-rata interests [3]. - If pre-emptive rights are fully exercised, the company could issue an additional 167.75 million shares for approximately C$9.22 million [3]. Use of Proceeds - The net proceeds from the offering will be used to fund an initial drill program at the Silvia gold-copper project, resource expansion at Ayawilca, and for corporate and general working capital purposes [5]. Grant of Stock Options - The Board has approved the grant of stock options to purchase up to 33,000,000 pre-consolidation shares at an exercise price of C$0.08 per share, or 6,600,000 post-consolidation shares at C$0.40 per share, with options exercisable until September 10, 2030 [7][8]. Company Overview - Tinka Resources Limited is focused on the exploration and development of its flagship Ayawilca zinc-silver-tin project in Peru, which has significant mineral resources, including an indicated mineral resource of 28.3 million tonnes grading 5.8% zinc [10].