Private Placement
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LEEF Brands Closes Oversubscribed Private Placement for CAD $2.09 Million
Globenewswire· 2025-08-18 22:53
Core Viewpoint - LEEF Brands, Inc. successfully closed a private placement offering, raising gross proceeds of C$2,090,890, which is approximately double the original expectation [1][4]. Group 1: Offering Details - The offering consisted of 8,363,560 units priced at C$0.25 per unit, with each unit comprising one common share and one common share purchase warrant [1][2]. - Each warrant allows the holder to purchase an additional common share at a price of C$0.30 for a period of 24 months from the closing date [2]. Group 2: Regulatory Compliance - The offering was conducted under the listed issuer financing exemption (LIFE Exemption) as per National Instrument 45-106, which allows for certain exemptions from prospectus requirements [3]. - Securities issued under this exemption are not subject to a statutory hold period under Canadian securities laws [3]. Group 3: Management Insights - The CEO expressed gratitude for investor support, highlighting plans to expand in New York and enhance production in California for long-term growth [4]. - The CFO noted that the financing positions the company to accelerate growth in key markets and capitalize on potential federal regulatory changes [4]. Group 4: Additional Issuances - The company issued 272,000 common shares to a service provider for services rendered and 36,000 common shares upon the exercise of employee stock options [5]. Group 5: Company Overview - LEEF Brands, Inc. is a leading cannabis operator based in California and New York, focusing on extraction and manufacturing with a comprehensive supply chain and innovative processes [6].
Norsemont Announces Closing of 2nd Tranche of Private Placement Led by Rob Mcewen and Other Strategic Investors
Thenewswire· 2025-08-18 13:00
News Release - Vancouver, British Columbia – TheNewswire - August 18th, 2025 – Norsemont Mining Inc. (CSE: NOM, OTCQB: NRRSF, FWB: LXZ1) ("NOM" or the "Company") is pleased to announce that legendary mining investor Rob McEwen, Chairman and Chief Owner of McEwen Inc. (TSX: MUX, NYSE: MUX) led this strategic round and further to its news release dated August 1, 2025, it has closed the second tranche of a non-brokered private placement consisting of 2,320,000 units of the Company at CAD $0.60 per unit for gro ...
American Lithium Closes Oversubscribed Private Placement
GlobeNewswire News Room· 2025-08-18 11:00
Core Viewpoint - American Lithium Corp. has successfully closed a non-brokered private placement, raising gross proceeds of $9,400,000 to advance its projects and for general corporate purposes [1][4]. Group 1: Private Placement Details - The private placement involved the issuance of 34,814,815 units at a price of $0.27 per unit, each consisting of one common share and one warrant [2]. - Each warrant allows the holder to purchase one common share at an exercise price of $0.50 for 36 months from the closing date [2]. - The placement was made to qualified investors in designated provinces of Canada and is subject to a four-month hold period under Canadian securities laws [3]. Group 2: Use of Proceeds - The net proceeds from the private placement will be used to continue advancing projects in Nevada and Peru, as well as for general corporate purposes [4]. Group 3: Insider Participation - Insiders of the company subscribed for a total of 11,111,111 units, contributing gross proceeds of $3,000,000, which is classified as a related party transaction [5]. - The company relied on exemptions from formal valuation and minority shareholder approval requirements due to the transaction's size relative to its market capitalization [5]. Group 4: Company Overview - American Lithium is focused on developing two major lithium projects and the largest undeveloped uranium project in Latin America, including the TLC claystone lithium project in Nevada and the Falchani hard rock lithium project in Peru [7]. - All projects have undergone preliminary economic assessments and show significant expansion potential with strong community support [7].
Neotech Metals Announces Close of Over Subscribed Private Placement and Receives Funds from Warrant Exercises
Newsfile· 2025-08-18 08:00
Core Points - Neotech Metals Corp. has successfully closed a non-brokered private placement financing, raising a total of $1,472,338 [1][3] - The financing included the issuance of 660,810 non-flow through units at $0.17 per unit and 5,440,000 flow-through units at $0.25 per unit [2] - The net proceeds from the flow-through units will be allocated for qualified expenditures related to the company's mineral properties, while the proceeds from the non-flow through units will be used for general working capital [4] Financial Details - The non-flow through units consist of one common share and one share purchase warrant, with the warrant allowing the purchase of a common share at $0.35 for two years [2] - The flow-through units also include one common share and one share purchase warrant with the same terms as the non-flow through units [2] - The company received an additional $533,885 from warrant exercises in August [5] Company Overview - Neotech Metals Corp. is focused on mineral exploration and development, particularly in rare-earth elements and rare metals [7] - The company has a diversified portfolio of projects, including the Hecla-Kilmer project and others located in British Columbia, all of which are 100% owned [9]
Allied Critical Metals Closes First Tranche of Oversubscribed Non-Brokered Private Placement and Upsize to $5m of the Offering
Newsfile· 2025-08-14 21:24
Core Viewpoint - Allied Critical Metals Inc. has successfully closed the first tranche of a non-brokered private placement offering, raising approximately $4.5 million, and has increased the total offering size to $5 million to support its tungsten projects [1][2]. Group 1: Offering Details - The first tranche consisted of 14,996,986 units priced at $0.30 each, generating gross proceeds of $4,499,095.80 [1]. - Each unit includes one common share and one-half of a common share purchase warrant, with warrants exercisable at $0.40 for 24 months [1]. - The final tranche of the offering is expected to close around August 18, 2025 [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to ongoing exploration and development activities for the Borralha Tungsten Project and Vila Verde Tungsten Project, as well as for additional working capital [2]. Group 3: Financial Arrangements - The company paid finder's fees totaling $310,386.30 in cash and issued 1,034,621 finders warrants in connection with the first tranche [4]. - Finder's fees for the final tranche may also include a cash commission of up to 7% of gross proceeds and finders warrants equal to 7% of the units issued [5]. Group 4: Market Context - Tungsten is classified as a critical metal, with the global market valued between $5 billion and $6 billion, primarily used in defense, automotive, manufacturing, electronics, and energy sectors [8]. - Currently, China, Russia, and North Korea account for approximately 86% of the global tungsten supply and reserves [8].
Japan Gold Upsizes Private Placement
Newsfile· 2025-08-14 12:30
Group 1 - Japan Gold Corp. has increased the size of its non-brokered private placement financing from US$1.0 million to approximately C$2,050,000, with common shares priced at C$0.08 each [1][2] - The net proceeds from the Offering will be allocated for general and administrative expenses for the Company and its Japan-based subsidiary [2] - The Offering is subject to approval from the TSX Venture Exchange, and all securities issued will have a statutory hold period of four months and one day from the issuance date [2] Group 2 - Japan Gold Corp. is focused on the exploration and discovery of high-grade epithermal gold deposits across Japan, holding a significant portfolio of tenements in areas with known gold occurrences [4] - The Company has an alliance with Barrick Mining Corporation to explore, develop, and mine certain gold mineral properties in Japan, which have the potential to host Tier 1 or Tier 2 gold ore bodies [4] - Significant shareholders of Japan Gold include Equinox Partners Investment Management LLC and Newmont Corporation [4]
Kuya Announces Amendment to Compensation Terms for Non-Brokered Private Placement Pursuant to the Listed Issuer Financing Exemption
Newsfile· 2025-08-14 00:18
Core Viewpoint - Kuya Silver Corporation has announced an amendment to its non-brokered private placement, aiming to raise between CAD$5 million and CAD$10 million through the issuance of units priced at CAD$0.50 each, with the offering expected to close in multiple tranches by September 7, 2025 [1][5]. Group 1: Offering Details - The offering consists of a minimum of 10,000,000 units and a maximum of 20,000,000 units, each unit comprising one common share and one warrant [1][2]. - Each warrant allows the holder to purchase an additional common share at CAD$0.65 for 36 months from issuance [2]. - The offering is conducted under the LIFE Exemption, allowing sales to Canadian residents (excluding Québec) and other jurisdictions compliant with local securities laws [1]. Group 2: Compensation Structure - The company has amended the compensation for finders, offering a cash commission of up to 4.0% on total proceeds and non-transferable finder's warrants equal to up to 4.0% of total units issued [3]. - Each finder's warrant allows the holder to acquire one common share at CAD$0.50 for 36 months from issuance, with a statutory hold period of 4 months and 1 day [3]. Group 3: Use of Proceeds - The net proceeds from the offering will be allocated for exploration and development expenses related to the Bethania project and for general working capital [4]. Group 4: Engagement of Advisors - Kuya Silver has engaged ECM Capital Advisors Inc. for financing and market advisory services, with a fee of CAD$350,000 upon successful financing of at least CAD$5 million [8][10]. - Mr. Eugene C. McBurney, a director of Kuya Silver, is the Managing Partner at ECM, bringing over 25 years of international investment banking experience, particularly in the mining sector [9].
Zacatecas Silver Launches 4,000-Metre Drill Program with Aggressive Focus on El Cristo Vein System and Regional Growth Strategy
Globenewswire· 2025-08-13 12:00
Announces Private Placement Financing of up to $2.5 Million The El Cristo vein system is interpreted as the northwestern extension of the prolific Veta Grande vein, which has reported - though unverified - historical production of over 200 million ounces of silver. The El Cristo system exhibits similar structural characteristics, vein orientation, and geological setting as Veta Grande, featuring a sigmoidal zone of dilation extending over 3 kilometres along strike and up to 600 metres in width. Multiple ste ...
Amex Exploration Completes Final Tranche of C$37.25 Million Private Placement
Newsfile· 2025-08-13 11:00
Core Viewpoint - Amex Exploration Inc. has successfully completed an oversubscribed non-brokered private placement, raising a total of C$37,250,000 to fund exploration activities at the Perron Gold Project and for general working capital [1][2]. Group 1: Offering Details - The final tranche of the offering consisted of 1,877,000 common shares sold at C$1.60 per share, generating gross proceeds of C$3,003,200 [1]. - The first tranche, completed on August 7, 2025, raised C$34,246,800, making the total offering amount C$37,250,000 [1]. - The offering was oversubscribed, exceeding the initially announced maximum size by C$7,280,000 [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to exploration at the Perron Gold Project, focusing on new target definition and drilling, as well as for general working capital [2]. Group 3: Regulatory and Compliance Information - All securities issued in connection with the offering are subject to a hold period of four months and one day from the issuance date, in accordance with Canadian securities laws [3]. - The offering is pending final acceptance from the TSX Venture Exchange [3]. Group 4: Company Overview - Amex Exploration Inc. has made significant high-grade gold discoveries at its 100%-owned Perron Gold Project, located approximately 110 kilometers north of Rouyn-Noranda, Quebec [5]. - The Perron Gold Project comprises 117 contiguous claims covering an area of 45.18 km² and hosts both bulk-tonnage and high-grade gold mineralization [5]. - When combined with the adjacent Perron West Project, the total land package spans 197.52 km², situated in a geologically favorable area for high-grade gold and volcanogenic massive sulphide (VMS) mineralization [6]. Group 5: Infrastructure and Accessibility - The Perron Gold Project benefits from excellent infrastructure, being accessible by a year-round road, located 20 minutes from an airport, and approximately 8 km from the Town of Normétal [7]. - The project is also in close proximity to several processing plants owned by major gold producers [7].
Silver North Closes Previously Announced $2.1 Million Private Placement
Thenewswire· 2025-08-12 20:15
Core Viewpoint - Silver North Resources Ltd. has successfully closed a non-brokered private placement, allowing the company to advance its exploration activities at the Haldane Property in the Keno Hill Silver District [2][4]. Financing Details - The private placement raised gross proceeds of up to $2,100,000 through the sale of charity flow-through units (CFT Units) priced at $0.21 each [2]. - Each CFT Unit consists of one common share and one-half of a common share purchase warrant, with the warrants exercisable at $0.35 per share for 48 months [2]. - Certain purchasers of CFT Units have donated or sold these units at a price of $0.15 per unit [3]. Use of Proceeds - The proceeds from the CFT Units will be allocated to exploration and related programs on the Haldane and GDR mineral properties in Yukon Territory [4][11]. - The company plans to incur eligible Canadian exploration expenses that qualify as flow-through mining expenditures by December 31, 2026, and to renounce these expenditures to CFT Unit subscribers by December 31, 2025 [5]. Exploration Plans - A 10-hole diamond drilling program is planned at Haldane, targeting the newly identified Main Fault, which has shown high-grade silver veins [12]. - The drilling will follow up on previous discoveries, including a hole that returned 1,088 g/t silver over 1.83 meters [12]. Company Overview - Silver North Resources Ltd. owns the Haldane Silver Project, Tim Silver Project, and GDR Project, with plans to acquire additional silver properties in favorable jurisdictions [13]. - The company is listed on the TSX Venture Exchange under the symbol "SNAG" and trades on the OTCQB market in the U.S. under "TARSF" [14].