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Wu Blockchain· 2025-08-25 14:56
Heritage Distilling (Nasdaq: CASK) completed a $223.8M private placement with backing from Story Foundation, a16z crypto, Amber Group and others, including $95M in cash and $128.8M in IP tokens. Heritage now holds 53.2M IP tokens worth $320M and plans to stake tokens via Story’s blockchain. https://t.co/4Mz1oCNZ5w ...
Eastfield Resources Announces Private Placement
Thenewswire· 2025-08-25 13:00
Core Viewpoint - Eastfield Resources Ltd. plans to raise up to $1,000,000 through a non-brokered private placement of up to 50 million units priced at $0.02 per unit, with each unit consisting of one common share and one share purchase warrant [1][2] Group 1 - The placement will be non-brokered, but the company may pay finder's fees in accordance with TSX Venture Exchange rules [2] - The proceeds from the placement will be used for an exploration program at mineral projects in British Columbia and for general working capital, including payments to non-arm's length parties for administrative services and investor relations activities, not exceeding 10% of the proceeds [3] - The securities issued will be subject to a hold period of four months and one day from the date of issuance as per Canadian securities laws [4] Group 2 - Certain insiders of the company may participate in the placement, with details to be included in a future news release [3] - The securities will not be registered under the U.S. Securities Act and cannot be offered or sold in the United States without proper registration or exemption [5]
Norsemont Announces Closing of 3rd Tranche of Private Placement Led by Crescat Capital and Equity Management Associates
Thenewswire· 2025-08-25 13:00
Core Viewpoint - Norsemont Mining Inc. has successfully closed the second tranche of a non-brokered private placement, raising CAD $1,191,500.40, with total proceeds from the offering reaching CAD $5,479,199.40, aimed at advancing the Choquelimpie Gold-Silver-Copper project in Northern Chile [1][3][4] Financing Details - The second tranche consisted of 1,985,834 units priced at CAD $0.60 per unit, each unit comprising one common share and one-half of one warrant [1] - Each warrant allows the holder to purchase one common share at CAD $0.75 for two years from the closing date [1] - The offering is subject to a hold period of four months and one day for Canadian investors, with additional restrictions for U.S. investors [2] Use of Proceeds - Proceeds from the offering will fund phase 3 drill programs, including deep drilling into copper porphyry zones and high-grade gold zones, as well as general working capital [3] Project Potential - The Choquelimpie project is described as a massive mineralizing system with significant exploration potential, having previously been a permitted gold and silver mine [5][11] - The project has an initial mineral resource estimate of 2,184,000 indicated gold equivalent ounces and 557,000 inferred gold equivalent ounces [11] - The existing infrastructure includes over 1,700 drill holes, roads, power, water, camp, and a 3,000-tonne-per-day mill, which supports further development [11] Strategic Support - Crescat Capital's involvement and the backing from notable investors like Larry Lepard and Rob McEwen are seen as strong endorsements for the project's potential [4][6] - The management team is focused on responsible and sustainable resource development, leveraging modern exploration techniques to enhance shareholder value [11]
Stuhini Closes First Tranche of Non-Brokered Private Placement
Newsfile· 2025-08-25 12:30
Core Points - Stuhini Exploration Ltd. has successfully closed the first tranche of its non-brokered private placement, raising gross proceeds of $260,000 through the issuance of 2,166,332 Units at a price of $0.12 per Unit [1][2] - Each Unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at $0.18 until August 22, 2027 [2] - Certain directors and officers acquired 184,000 Units, qualifying as a related party transaction, and the company relied on exemptions from formal valuation and minority shareholder approval requirements [3] - The securities issued are subject to a regulatory resale hold period ending December 23, 2025, and the private placement is pending final approval from the TSX Venture Exchange [4] - The net proceeds from the private placement will be used to support exploration and advancement of the Ruby Creek Project and for corporate initiatives and general working capital [5] Company Overview - Stuhini Exploration Ltd. is a mineral exploration company focused on the exploration and development of precious and base metals properties in western Canada [7] - The company's portfolio includes the Ruby Creek Property, South Thompson Nickel Project, and Big Ledge Property, indicating a diverse range of exploration activities [7]
Goldgroup Announces Revised Terms of Non-Brokered Private Placement
Thenewswire· 2025-08-23 00:25
Core Viewpoint - Goldgroup Mining Inc. has revised the terms of its non-brokered private placement, aiming to raise up to $4,000,000 through the issuance of units consisting of common shares and warrants [1][3]. Group 1: Private Placement Details - The private placement will consist of up to 5,000,000 units at a price of $0.80 per unit, with each unit comprising one common share and one warrant [1]. - Each warrant will allow the purchase of one additional common share at a price of $1.10 for a period of 24 months from issuance [1]. - The private placement is subject to approval from the TSX Venture Exchange, and all securities will be subject to a statutory hold period of four months and one day from closing [2]. Group 2: Strategic Intent and Use of Proceeds - The net proceeds from the private placement will be primarily used for assessing and pursuing acquisition opportunities in the mining sector [3]. - The company is focused on enhancing shareholder value by potentially acquiring operating mines or strategic stakes in other mining companies [3]. - Goldgroup has been conducting due diligence on various mineral projects but has not yet completed any acquisition transactions [3].
Leading Edge Materials Announces Update on Previously Announced Non-Brokered Private Placement
Globenewswire· 2025-08-22 18:35
Company Overview - Leading Edge Materials Corp. is a Canadian public company focused on developing critical raw material projects in the European Union, which are essential for high-growth technologies such as lithium-ion batteries and permanent magnets [4]. Private Placement Update - The company announced that there was no finder's fee paid in connection with the closing of the financing related to the previously announced non-brokered private placement [2]. Regulatory Compliance - The news release clarifies that it is not a prospectus under the EU Prospectus Regulation and that no offer of securities has been authorized for the public in any EEA member state [3][12]. Contact Information - For further inquiries, the company can be contacted via email at info@leadingedgematerials.com or through their website [4]. Stock Listings - Leading Edge Materials is listed on multiple exchanges: TSXV under the symbol "LEM", OTCQB under "LEMIF", and Nasdaq First North Stockholm under "LEMSE" [6].
Jeffs' Brands: Fort Technology Announces Closing of a CAD 5 Million Private Placement of Convertible Debenture Representing a Valuation of Approximately CAD 27 million
GlobeNewswire News Room· 2025-08-22 13:29
Core Viewpoint - Jeffs' Brands Ltd has announced the completion of a private placement of convertible debentures by its subsidiary Fort Technology Inc, raising CAD 5 million, which will be used for working capital and loan support [1][5]. Group 1: Private Placement Details - The private placement of convertible debentures has a maturity date of two years from issuance and carries an interest rate of 10% per annum, with quarterly payments starting from the closing date until September 30, 2025 [2]. - The principal amount of the convertible debentures can be converted into units of Fort at a price of CAD 0.185 per unit, with each unit consisting of one common share and one warrant [2]. - The private placement values Fort at approximately CAD 27 million [2]. Group 2: Company Participation and Compliance - Jeffs' Brands and its CEO participated in the private placement, with the company purchasing CAD 2.2 million worth of convertible debentures, constituting a related-party transaction [4]. - The private placement was conducted under certain prospectus exemptions and is subject to a holding period in compliance with applicable securities laws and TSX Venture Exchange rules [3]. Group 3: Company Background - Jeffs' Brands aims to transform e-commerce by creating and acquiring products to become market leaders, leveraging advanced technology and human capability [6]. - Fort Technology Inc specializes in manufacturing and selling products for the pest control and remedial repair industry [7].
Eloro Resources Announces Bought Deal LIFE Private Placement for Gross Proceeds of C$5.0 Million
Globenewswire· 2025-08-22 11:00
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. TORONTO, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Eloro Resources Ltd. (TSX: ELO; OTCQX: ELRRF; FSE: P2QM) ("Eloro" or the "Company") is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. ("Red Cloud"), as sole underwriter and bookrunner, pursuant to which Red Cloud has agreed to purchase ...
Goldgroup Announces Non-Brokered Private Placement
Thenewswire· 2025-08-21 19:36
Core Viewpoint - Goldgroup Mining Inc. has announced a non-brokered private placement of up to 5,000,000 units at a price of $0.80 per unit, aiming to raise up to $4,000,000 for strategic growth and acquisition opportunities in the mining sector [1][3]. Group 1: Private Placement Details - The private placement will consist of units, each comprising one common share and one-half common share purchase warrant, with each full warrant exercisable at $1.10 for 24 months [1]. - The company intends to pay finders' fees to eligible finders, subject to TSX Venture Exchange approval, and all securities will be subject to a statutory hold period of four months and one day post-closing [2]. Group 2: Strategic Growth Plans - Goldgroup is focusing on organic growth through optimization at its Cerro Prieto mine and targeted acquisitions in the mining sector [3]. - The net proceeds from the private placement will primarily be used for assessing and pursuing acquisition opportunities, with a focus on enhancing shareholder value [3]. - The company has been conducting due diligence on potential mineral projects but has not yet completed any acquisition transactions [3].
Kuya Announces Second Tranche Closing of Non-Brokered Private Placement Pursuant to the Listed Issuer Financing Exemption
Newsfile· 2025-08-21 11:30
Kuya Announces Second Tranche Closing of Non- Brokered Private Placement Pursuant to the Listed Issuer Financing Exemption August 21, 2025 7:30 AM EDT | Source: Kuya Silver Corporation Toronto, Ontario--(Newsfile Corp. - August 21, 2025) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the "Company" or "Kuya Silver") announces the second and final tranche closing of its non-brokered private placement previously announced July 24, 2025 and amended August 13, 2025 (the "Offering"). The Compan ...