Private Placement
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Volt Carbon Technologies Announces $300,000 Placement
Newsfile· 2025-10-17 12:43
Core Points - Volt Carbon Technologies Inc. intends to complete a non-brokered private placement financing of up to 20,000,000 units at a price of C$0.015 per unit, aiming for gross proceeds of up to C$300,000 [1][3] Financing Details - Each unit will consist of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional common share at an exercise price of C$0.05 for 24 months [2] - The offering price represents a 25% discount to the company's market price, in accordance with TSX Venture Exchange Policy 4.1 [3] - Proceeds from the offering will be used to pay outstanding payables, advance battery and mobile mineral separation technology, and for general working capital [3] Regulatory and Closing Information - Closing of the offering is subject to customary conditions and regulatory approvals, including approval from the TSX Venture Exchange, with an anticipated closing within approximately 30 business days [4] - No insiders intend to participate in the offering, and no new control persons will be created as a result of the offering [4] Company Overview - Volt Carbon is a publicly traded carbon science company focused on energy storage and green energy creation, with holdings in mining claims across Ontario, Quebec, and British Columbia [6]
European Lithium sells 3.03 million shares of CRML
Yahoo Finance· 2025-10-17 11:17
Core Insights - European Lithium (EUR) has sold an additional 3.03 million shares of Critical Metals Corp (CRML) to a US institutional investor, generating approximately $50 million (A$76 million) in net proceeds [1] - CRML has completed a private placement, raising an equivalent amount of $50 million in equity funding to develop the Tanbreez Rare Earth Project in Greenland [1][2] - EUR holds 53,036,338 shares in CRML, valued at around US$1.2 billion (A$1.85 billion) based on the US$22.72 closing price on Nasdaq, indicating a significant discrepancy between EUR's market capitalization and its shareholding in CRML [4][5] Financial Transactions - The securities purchase agreement states that CRML will issue 1.47 million ordinary shares at a price of $16.50 per share, totaling $50 million [2] - Pre-funded warrants have been issued, allowing for the acquisition of approximately 1.56 million additional shares [2] Strategic Developments - EUR's executive chairman, Tony Sage, highlighted the capital raising by CRML as a sign of continued investor confidence in the US markets [3] - The company is aware of the market capitalization discrepancy and is executing strategic options to better reflect its intrinsic value, currently holding over $190 million in cash reserves [5]
Nevada Sunrise Announces Increase to Private Placement
Newsfile· 2025-10-16 22:24
Core Viewpoint - Nevada Sunrise Metals Corporation has announced an increase in its non-brokered private placement from 7,000,000 units to 12,000,000 units, priced at $0.05 per unit, aiming for gross proceeds of up to $600,000 due to investor demand [1] Group 1: Offering Details - The Offering will consist of one common share and one common share purchase warrant per unit, with each warrant allowing the purchase of an additional common share at an exercise price of $0.075 for three years [1] - The Offering is available to accredited investors and may qualify under certain statutory exemptions, with a statutory four-month hold period on the issued securities [2] Group 2: Use of Proceeds - Proceeds from the Offering will be allocated for exploration work on Nevada's gold, copper, and lithium properties, other mineral property investigations, and general working capital [7] Group 3: Company Overview - Nevada Sunrise is a junior mineral exploration company based in Vancouver, BC, focusing on gold, copper, and lithium projects in Nevada [4] - The company holds rights to the Griffon Gold Mine Project and the Coronado Copper Project, along with 100% interests in several lithium projects in Esmeralda County, NV [5]
Mink Ventures Closes $731,518 in First Tranche of Non-Brokered Private Placement
Globenewswire· 2025-10-16 20:40
Core Viewpoint - Mink Ventures Corporation has successfully closed the first tranche of its non-brokered private placement, raising gross proceeds of $731,518 for its mineral exploration projects [1][6]. Group 1: Private Placement Details - The first tranche included the issuance of 4,810,000 hard dollar units at $0.10 each and 1,927,061 flow-through units at $0.13 each [1]. - Each hard dollar unit consists of one common share and one common share purchase warrant, allowing the holder to acquire one common share at an exercise price of $0.20 for 36 months [2]. - Each flow-through unit consists of one common share and one common share purchase warrant with the same terms as the hard dollar units [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for the exploration and advancement of the Montcalm nickel copper cobalt project and the Warren copper nickel project, as well as for general working capital purposes [5]. Group 3: Company Overview - Mink Ventures Corporation is focused on exploring critical minerals such as nickel, copper, and cobalt in the Timmins, Ontario area [6]. - The Montcalm Project covers 100 km adjacent to Glencore's former Montcalm Mine, which had historical production of 3.93 million tonnes of ore grading 1.25% Ni, 0.67% Cu, and 0.051% Co [6]. - The Warren Ni Cu Co Project covers 1,130 hectares and is located 35 km away from Montcalm, both projects benefiting from excellent access and infrastructure [6].
Monitor Ventures Inc. Announces Closing of Settlement of Debt and Private Placement
Newsfile· 2025-10-16 20:35
Monitor Ventures Inc. Announces Closing of Settlement of Debt and Private PlacementOctober 16, 2025 4:35 PM EDT | Source: Monitor Ventures Inc.Vancouver, British Columbia--(Newsfile Corp. - October 16, 2025) - MONITOR VENTURES INC. (TSXV: MVI.H) ("Monitor" or the "Company") reports that further to its previously announced debt settlement on September 19, 2025, it has issued 1,015,000 common shares ("Common Shares") of the Company at $0.075 each to extinguish $76,250 of debt. The Common Shares ...
SONORO GOLD ANNOUNCES INCREASE IN PRIVATE PLACEMENT TO $4 MILLION
Globenewswire· 2025-10-16 20:01
“THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.” VANCOUVER, Canada, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) is pleased to announce that, in response to investor demand, it is increasing its non-brokered private placement announced on October 2, 2025 (the "Offering") to 20,000,000 units (the “Units”) for gross proceeds of CAD $4,000,000. The Offering price re ...
Q Precious & Battery Metals Corp. Announces Private Placement
Newsfile· 2025-10-16 19:23
Group 1 - The Company, Q Precious & Battery Metals Corp., is proposing a private placement offering consisting of up to 16,666,667 flow-through units at a price of $0.09 per unit, aiming for gross proceeds of up to $1,500,000 [1][2] - Each flow-through unit will include one flow-through common share and one-half of a non-flow-through common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at $0.12 for two years [1][2] - The Offering is subject to approval from the Canadian Securities Exchange and the securities will have a statutory hold period of four months and one day from issuance [3] Group 2 - Subscribers can opt to purchase flow-through shares without warrants at the same price of $0.09 per share [2] - The Company may pay finder's fees of up to 10% in cash and issue finder's warrants equal to 5% of the number of units or shares sold, along with bonus shares equal to 4% of the number sold [2] - Proceeds from the Offering will be allocated to fund mineral exploration activities [3]
Forsys Announces Closing of Bought Deal LIFE Private Placement for Gross Proceeds of C$18.9 Million
Globenewswire· 2025-10-16 15:34
Core Points - Forsys Metals Corp. has successfully closed a "bought deal" private placement, raising gross proceeds of C$18,925,760, including a partial over-allotment option of C$1,925,280 [1] - A total of 33,796,000 units were sold at a price of C$0.56 per unit, with each unit consisting of one common share and one-half of a warrant [1][2] - The net proceeds will be utilized to advance the Norasa Project in Namibia and for general corporate purposes [3] Offering Details - The offering was conducted under an underwriting agreement with Red Cloud Securities Inc., which acted as the sole underwriter [1] - Each whole warrant allows the holder to purchase one common share at a price of C$0.80 until October 16, 2028 [2] - Red Cloud received cash fees of C$1,135,545.60 and 2,027,760 broker warrants, each exercisable at C$0.66 until October 16, 2028 [5] Regulatory Compliance - The units were issued under the listed issuer financing exemption, which does not impose a hold period under Canadian securities laws [4] - The offering is subject to final approval from the Toronto Stock Exchange [6] - An insider purchased 8,928,600 units, qualifying as a related party transaction, exempt from formal valuation and minority shareholder approval requirements [7] Company Overview - Forsys Metals Corp. is focused on developing the Norasa Uranium Project in Namibia, which includes the Valencia and Namibplaas uranium deposits [9]
Nevada Sunrise Announces Private Placement
Newsfile· 2025-10-16 11:30
Core Viewpoint - Nevada Sunrise Metals Corporation is conducting a non-brokered private placement to raise up to $350,000 through the issuance of 7,000,000 units at a price of $0.05 per unit, each unit comprising one common share and one warrant [1][2]. Group 1: Offering Details - The offering consists of 7,000,000 units priced at $0.05 each, with each unit including one common share and one warrant [1]. - Each warrant allows the holder to purchase one common share at a price of $0.075 for three years from the closing date of the offering [1]. - The proceeds from the offering will be allocated for exploration work on the company's mineral properties, other mineral property investigations, and general working capital [7]. Group 2: Company Background - Nevada Sunrise is a junior mineral exploration company based in Vancouver, BC, with interests in gold, copper, and lithium projects located in Nevada, USA [4]. - The company holds the right to purchase a 100% interest in the Griffon Gold Mine Project, located approximately 50 kilometers southwest of Ely, NV [4]. - Additionally, Nevada Sunrise has the right to earn a 100% interest in the Coronado Copper Project, located about 48 kilometers southeast of Winnemucca, NV, and owns 100% interests in several lithium projects in Esmeralda County, NV [5].
PyroGenesis Announces Closing of the First Tranche of the First Unit Group of the Non-Brokered Private Placement for Approximately $3,500,000
Globenewswire· 2025-10-16 11:00
Core Points - PyroGenesis Inc. has completed the first tranche of a non-brokered private placement, issuing 5,555,556 units at a price of $0.63 per unit, resulting in gross proceeds of approximately $3,500,000 [1][2] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at $0.28 for 48 months [1] - The proceeds from the private placement will be used for working capital and general corporate purposes [2] Group 1 - The first tranche was fully subscribed by P. Peter Pascali, the President and CEO, representing his investment of approximately $3,500,000 [2] - The second tranche is expected to close next week, involving the issuance of 4,000,000 units at a price of $0.20 per unit, for approximate gross proceeds of $800,000 [2] - Each warrant in the second tranche allows the purchase of one common share at $0.40 for a period of 24 months [2] Group 2 - The private placement has been conditionally approved by the TSX, pending final approval and customary closing conditions [3] - PyroGenesis leverages 30 years of plasma technology leadership to provide advanced engineering solutions across various industries, including energy, aerospace, and defense [5] - The company’s operations are ISO 9001:2015 and AS9100D certified, maintaining ISO certification since 1997 [5]