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Volt Carbon Technologies Announces Closing of First Tranche of Private Placement for Gross Proceeds of $100,000
Newsfile· 2025-08-12 12:00
Core Points - Volt Carbon Technologies has successfully closed the first tranche of a private placement, raising gross proceeds of $100,000 by issuing 5,000,000 units at a price of $0.02 per unit [1][2] - Each unit consists 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 $0.05 for 24 months [2] - The company plans to close the second tranche of the offering by September 10, 2025, pending TSXV approval [3] Company Overview - Volt Carbon Technologies is a publicly traded carbon science company focused on energy storage and green energy creation, with mining claims in Ontario, Quebec, and British Columbia [4]
Pacific Empire Announces Closing of $300,000 Non-Brokered Private Placement of Units
Newsfile· 2025-08-08 23:25
Core Viewpoint - Pacific Empire Minerals Corp. has successfully closed a non-brokered private placement, raising $300,000 through the issuance of 15,000,000 units at a price of $0.02 per unit, which will be utilized for exploration and working capital [1][4]. Group 1: Offering Details - Each unit consists of one common share and one warrant, with each warrant allowing the purchase of one common share at an exercise price of $0.05 for 24 months [2]. - The company paid finder's fees totaling $9,450 in cash and issued 468,500 finder's warrants to various firms for their assistance in the offering [3]. - The offering is subject to final approval from the TSX Venture Exchange and all securities issued are under a statutory hold period expiring on December 9, 2025 [6]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated towards general working capital, exploration at the Trident copper-gold project, and marketing activities [4]. Group 3: Related Party Transactions - Certain directors and officers participated in the offering for a total of $23,500, qualifying it as a related party transaction, but the company is exempt from formal valuation and minority shareholder approval requirements [5]. Group 4: Company Overview - Pacific Empire is a copper exploration company based in Vancouver, British Columbia, with a significant land position of 22,541 hectares in a region known for its green copper jurisdiction [8].
Miata Metals Upsizes Private Placement to $5.5 million
Globenewswire· 2025-08-08 21:53
Core Points - Miata Metals Corp. has upsized its non-brokered private placement offering to 23,913,043 units at a price of $0.23 per unit, aiming for total gross proceeds of up to $5,500,000 [1][5] - Each unit consists of one common share and one-half of a transferable common share purchase warrant, with warrants priced at $0.40 for a period of 24 months [2] - The proceeds will be used for exploration activities on the Sela Creek and Nassau Gold projects in Suriname, as well as for general working capital [5] Offering Details - The offering will be conducted under the listed issuer financing exemption in all provinces and territories of Canada, excluding Quebec, and will not have resale restrictions for Canadian residents [3] - The expected closing date for the offering is around August 21, 2025, subject to necessary approvals and compliance with Canadian Securities Exchange policies [6] - Insiders may participate in the offering for up to $500,000, which will be considered a related party transaction [7] Financial Aspects - The company may pay finder's fees of up to 6.0% of the aggregate gross proceeds and issue non-transferable warrants equal to 6.0% of the number of units issued [8] - Miata Metals Corp. holds a 70% interest in the Sela Creek Gold Project and a 70% beneficial interest in the Nassau Gold Project, both located in Suriname [9]
Cariboo Rose Resources Provides Status Update regarding Private Placements
Thenewswire· 2025-08-08 21:50
Core Viewpoint - Cariboo Rose Resources Ltd. has decided not to proceed with the previously announced private placements and is exploring a restructured private placement based on expressions of interest received [1] Group 1 - The company announced the decision on August 8, 2025, in Vancouver, B.C. [1] - The original private placements were announced on May 29, 2025 [1] - Further information regarding the restructured private placement will be provided as it becomes available [1]
Prismo Metals Announces Closing of Oversubscribed Private Placement
Thenewswire· 2025-08-08 20:05
Vancouver, British Columbia, August 8th, 2025 – TheNewswire – Prismo Metals Inc. (“Prismo” or the “Company”) (CSE: PRIZ) (OTCQB: PMOMF) is pleased to announce that further to its news releases dated July 3, 2025, July 18, 2025 and July 31, 2025, the Company has proceeded with an upsized closing of its previously announced non-brokered private placement (the “Private Placement”) of units of the Company (“Units”) at an issue price of $0.06 per Unit (the “Third Closing”). The closing was increased from 6,000, ...
Miata Metals Upsizes Private Placement to $5 million
Globenewswire· 2025-08-08 13:02
Core Points - Miata Metals Corp. has increased its non-brokered private placement offering to 21,739,130 units at a price of $0.23 per unit, aiming for total gross proceeds of up to $5,000,000 due to strong investor demand [1][5] - Each unit consists of one common share and one-half of a transferable common share purchase warrant, with warrants priced at $0.40 for a period of 24 months [2] - The offering is expected to close on or about August 21, 2025, subject to necessary approvals and compliance with Canadian Securities Exchange policies [6] Offering Details - The offering will be conducted under the listed issuer financing exemption, allowing securities to be issued without resale restrictions for Canadian residents, excluding Quebec [3] - An amended offering document will be available on SEDAR+ and the company's website for prospective investors [4] - The proceeds will be used for exploration activities on the Sela Creek and Nassau Gold projects in Suriname, as well as for general working capital [5] Insider Participation - Insiders may participate in the offering for up to $500,000, which will be considered a related party transaction [7] - The company intends to rely on exemptions from formal valuation and minority shareholder approval requirements for insider participation [7] Finder's Fees - The company may pay finder's fees of up to 6.0% of the aggregate gross proceeds and issue non-transferable warrants equal to 6.0% of the number of units issued [8] Company Overview - Miata Metals Corp. is a Canadian mineral exploration company focused on acquiring, exploring, and developing mineral properties, holding a 70% interest in the Sela Creek Gold Project and a 70% beneficial interest in the Nassau Gold Project in Suriname [9]
Miata Metals Announces $3 Million Private Placement of Units
GlobeNewswire News Room· 2025-08-07 22:02
Core Points - Miata Metals Corp. is conducting a non-brokered private placement offering to raise up to $3,000,000 by issuing up to 13,043,478 units at a price of $0.23 per unit [1][2] - Each unit consists of one common share and one-half of a transferable common share purchase warrant, with warrants priced at $0.40 for 24 months post-closing [2] - Proceeds from the offering will be allocated for exploration activities on the Sela Creek and Nassau Gold projects in Suriname, as well as for general working capital [3] Offering Details - The offering will be conducted under the listed issuer financing exemption in Canada, excluding Quebec, and securities issued will not have resale restrictions [4] - The expected closing date for the offering is around August 21, 2025, subject to necessary approvals and compliance with Canadian Securities Exchange policies [6] - Insiders may participate in the offering for up to $500,000, which will be treated as a related party transaction [7] Financial Incentives - The company may pay finder's fees of up to 6.0% of the gross proceeds and issue non-transferable warrants equal to 6.0% of the units issued to finders [8] Company Overview - Miata Metals Corp. is a Canadian mineral exploration company focused on acquiring, exploring, and developing mineral properties, holding a 70% interest in the Sela Creek Gold Project and a 70% beneficial interest in the Nassau Gold Project in Suriname [9]
Armory Mining Announces Private Placement and Appoints Klenman to Board
Thenewswire· 2025-08-07 20:30
Core Viewpoint - Armory Mining Corp. is conducting a non-brokered private placement offering of up to 15,000,000 units at a price of $0.05 per unit, aiming to raise up to $750,000 for working capital and general corporate purposes [1][2]. Group 1: Offering Details - The offering consists of units, each comprising one common share and one transferable common share purchase warrant, with warrants allowing the purchase of additional shares at $0.065 for three years [1]. - All securities issued under the offering will be subject to a four-month hold period in accordance with Canadian securities laws [2]. Group 2: Management Changes - Alex Klenman has been appointed as a director of the company, replacing Arjun Grewal, who has resigned but will continue to support the company in an advisory role [3][4]. Group 3: Company Overview - Armory Mining Corp. focuses on minerals critical to the energy, security, and defense sectors, controlling an 80% interest in the Candela II lithium brine project in Argentina and a 100% interest in the Riley Creek antimony-gold project in British Columbia [5].
Pinnacle Closes Oversubscribed Non-Brokered Private Placement
Thenewswire· 2025-08-07 18:50
Group 1 - Pinnacle Silver and Gold Corp. has successfully closed a non-brokered private placement, raising gross proceeds of $1,686,608, with the offering being oversubscribed and consisting of 28,110,134 units priced at $0.06 each [1] - Each unit comprises one common share and one-half share purchase warrant, with each whole warrant convertible into an additional share at an exercise price of $0.10 for 24 months [1] - The net proceeds will be utilized to advance the high-grade El Potrero gold-silver project in Durango, Mexico, and for general working capital [2] Group 2 - Insiders subscribed for a total of 3,108,333 units for $186,500, which is classified as a "related party transaction" under Multilateral Instrument 61-101 [4] - The company is relying on exemptions from formal valuation and minority approval requirements, as the fair market value of the transaction does not exceed 25% of the company's market capitalization [4] Group 3 - Pinnacle is focused on district-scale exploration for precious metals in the Americas, with significant projects including the high-grade Potrero gold-silver project and the Argosy Gold Mine in Ontario [6] - The company aims to build long-term, sustainable value for shareholders through its seasoned management team and quality projects [6]
New Stratus Energy Announces Above Market Private Placement
Newsfile· 2025-08-06 13:00
Note on Currency and Exchange Rates Forward-Looking Information Certain information set forth in this news release constitutes "forward-looking statements", and "forward- looking information" under applicable securities legislation (collectively, "forward-looking statements"). All statements other than statements of historical fact are forward-looking statements. Forward-looking statements may be identified by the use of conditional or future tenses or by the use of words such as "will", "expects", "intends ...