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Stack Capital Group Inc. Announces Upsize to Its Previously Announced Best Efforts Private Placement Now Combined With the Non-Brokered Private Placement for Gross Proceeds of Up to $35,000,000
Globenewswire· 2025-07-25 16:35
Core Viewpoint - Stack Capital Group Inc. has announced an increase in the size of its private placement offering due to strong investor demand, raising the total expected gross proceeds to up to $35,000,000 [1][4]. Offering Details - The offering will consist of up to 1,454,545 units priced at $13.75 each, with each unit comprising one common share and one-quarter of a warrant [2]. - Each warrant will allow the holder to purchase one common share at an exercise price of $17.00 for a period of 24 months following the closing date [2]. Agents and Placement - The company has engaged Canaccord Genuity Corp., Raymond James Ltd., RBC Capital Markets, and TD Securities Inc. as co-lead agents for the offering [3]. - A concurrent non-brokered private placement of up to 1,090,909 units is also planned, aiming for gross proceeds of up to $15,000,000 [4]. Regulatory Compliance - The offering is being conducted under the listed issuer financing exemption, allowing for the sale of units without the usual prospectus requirements in Canada, except Québec [6]. - The company has applied for the listing of the unit shares, warrants, and warrant shares on the Toronto Stock Exchange [5]. Use of Proceeds - The net proceeds from the offering will be utilized for investments aligned with the company's investment principles and for general corporate purposes [9]. Closing Timeline - The offering is expected to close around August 8, 2025, subject to necessary approvals, including from the TSX [10].
Big Ridge Gold Corp. Closes Upsized $5.2 Million Private Placement
Newsfile· 2025-07-25 11:00
Toronto, Ontario--(Newsfile Corp. - July 25, 2025) - Big Ridge Gold Corp. (TSXV: BRAU) (OTCQB: ALVLF) ("Big Ridge" or the "Company") is pleased to announce that it has closed a non-brokered private placement of 42,000,000 common share units ("Units") of the Company at $0.125 per share for aggregate gross proceeds to the Company of $5,250,000 (the "Offering").Each Unit consists of one common share and one half of one common share purchase warrant (a "Warrant"). Each whole Warrant is exercisable into one com ...
Stack Capital Group Inc. Announces Best Efforts Financing and Concurrent Private Placement for Up to $25,000,000
Globenewswire· 2025-07-24 20:07
Core Viewpoint - Stack Capital Group Inc. is conducting a private placement offering to raise up to $25 million through a combination of a "best efforts" private placement and a concurrent non-brokered private placement [1][6] Group 1: Offering Details - The offering consists of up to 727,272 units priced at $13.75 per unit, aiming for gross proceeds of up to $10 million [1] - A concurrent non-brokered private placement will offer up to 1,090,909 units at the same price, targeting gross proceeds of up to $15 million [1] - Each unit includes one common share and one-quarter of a common share purchase warrant, with warrants exercisable at $17.00 per share for 24 months [2] Group 2: Regulatory and Compliance - The LIFE Offering is available to purchasers in all Canadian provinces except Québec, utilizing the listed issuer financing exemption [3] - Units sold under the concurrent private placement will also comply with applicable securities laws and will not have resale restrictions [5] - The offering is subject to necessary approvals, including from the Toronto Stock Exchange [7] Group 3: Use of Proceeds - Net proceeds from the offering will be allocated for investments aligned with the company's investment principles and for general corporate purposes [6] Group 4: Company Overview - Stack Capital Group Inc. is an investment holding company focused on investing in growth-to-late-stage private businesses, providing shareholders with exposure to a diversified private investment portfolio [11]
Sierra Madre Announces Closing of First Tranche of $19.5 Million Best Efforts Private Placement of Units
Newsfile· 2025-07-24 19:08
Core Viewpoint - Sierra Madre Gold and Silver Ltd. has successfully closed the first tranche of its brokered private placement offering, raising gross proceeds of $17,750,600 from the issuance of 25,358,000 units at a price of $0.70 per unit, part of a larger offering of up to 27,858,000 units for total proceeds of up to $19,500,600 [1][3]. Group 1: Offering Details - The first tranche consists of 25,358,000 units, each unit comprising one common share and one half of a common share purchase warrant, with each warrant allowing the purchase of one common share at $0.85 for 12 months [2]. - The company intends to use the net proceeds from the offering to expand the Guitarra mine's capacity, conduct exploration programs, and for working capital [3]. - Certain directors and officers subscribed for 686,000 units, totaling $480,200, which is classified as a related party transaction under Multilateral Instrument 61-101 [4]. Group 2: Agent Compensation - The company paid the agents a cash fee of $1,171,933 and issued 1,674,190 compensation options, each allowing the purchase of one common share at the issue price for 12 months [5]. - Additionally, a corporate financing fee of $26,500 was paid to the agents, along with 38,010 corporate finance fee compensation options [5]. Group 3: Regulatory Compliance - The units were offered to Canadian residents (excluding Quebec) and in the United States under available exemptions from registration requirements, with no hold period for Canadian subscribers [6]. - The offering remains subject to final acceptance by the TSX Venture Exchange [6]. Group 4: Company Overview - Sierra Madre Gold and Silver Ltd. focuses on the Guitarra mine in Mexico and the Tepic property, with the Guitarra mine being a permitted underground mine that restarted commercial production in January 2025 [9]. - The Tepic Project hosts low-sulphidation epithermal gold and silver mineralization with an existing historic resource [10].
Nexera Announces Private Placement of Units
Newsfile· 2025-07-24 18:16
Core Viewpoint - Nexera Energy Inc. is proposing a non-brokered private placement offering of up to $600,000, issuing a maximum of 40,000,000 common shares at a subscription price of $0.015 per unit, which includes one common share and one warrant [1][3]. Group 1: Offering Details - The offering consists of up to 40,000,000 units, with each unit priced at $0.015, and each unit includes one common share and one warrant [1]. - The warrants allow the holder to purchase an additional common share at $0.10 for 24 months from issuance [1]. - An acceleration clause is included, where if the common shares close at or above $0.15 for 30 consecutive trading days, the warrant expiry will be reduced to 30 days after a press release is issued [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be used by the wholly owned subsidiary, Production Resources Inc. (PRI), to enhance oil and gas services and optimize wells in the Taylor Ina and Somerset fields, aiming to bring approximately 30 inactive wells online [3]. - Specific allocations of the proceeds include: $140,000 for equipment purchases and refurbishing, $280,000 for the well optimization program, and $100,000 for labor, with any remaining funds directed towards working capital [4]. Group 3: Company Overview - Nexera Energy Inc. operates in the energy sector with oil-producing properties in Southwest Texas and owns 100% of Production Resources Inc., which is also based in South Texas [6].
LEEF Brands Announces CAD $1 Million Private Placement
Globenewswire· 2025-07-24 12:30
VANCOUVER, British Columbia, July 24, 2025 (GLOBE NEWSWIRE) -- LEEF Brands, Inc. (CSE: LEEF, OTC: LEEEF) ("LEEF" or the "Company"), a premier California and New York cannabis operator, is pleased to announce a private placement offering (the "Offering") of up to 4,000,000 units of the Company (the “Units”) at a price of C$0.25 per Unit (the "Offering Price"), for gross proceeds of up to C$1,000,000. Each Unit will consist of one common share and one common share purchase warrant (a “Warrant”). Each Warrant ...
ADECOAGRO S.A. PRICES INTERNATIONAL 144A/REG S OFFERING OF ITS 7.500% SENIOR NOTES DUE 2032
Prnewswire· 2025-07-23 23:43
Core Viewpoint - Adecoagro S.A. has announced the pricing of $500 million aggregate principal amount of 7.500% Senior Notes due 2032, which will be used primarily to fund a tender offer for its existing 6.000% Notes due 2027 and for general corporate purposes [1][2] Group 1 - The Senior Notes will be issued at a price of 100.00% and will mature on July 29, 2032 [1] - The Notes will be guaranteed on a senior unsecured basis by certain subsidiaries of the Company [1] - The offering is conducted under Rule 144A and Regulation S of the Securities Act, targeting qualified institutional buyers and non-U.S. persons [1][3] Group 2 - The net proceeds from the Notes will be allocated to a tender offer for the Company's existing 6.000% Notes due 2027 and for general corporate purposes, including capital expenditures and liability management [2] - Adecoagro operates on 210.4 thousand hectares of farmland and produces over 2.8 million tons of agricultural products and over 1 million MWh of renewable electricity [4]
UPDATED - Aureus Greenway Holdings , Inc. Announces Twenty Six Million Dollar Private Placement Priced At-The Market under Nasdaq Rules
Globenewswire· 2025-07-23 22:58
Core Points - Aureus Greenway Holdings Inc. has entered into definitive securities purchase agreements for the issuance and sale of units consisting of common stock and warrants, aiming for gross proceeds of approximately $26 million at a price of $0.87 per unit [1][2] Group 1: Securities Offering Details - The company will issue 29,885,057 shares of common stock or pre-funded warrants, along with common warrants A and B, each allowing the purchase of the same number of shares [2] - Pre-funded warrants will have an exercise price of $0.0001 per share, common warrants A will be exercisable at $1.00 per share, and common warrants B at $1.25 per share, all for a period of five years [2] - The private placement is expected to close on July 25, 2025, subject to customary closing conditions [2] Group 2: Use of Proceeds - Proceeds from the offering will be utilized for working capital and general corporate purposes [3] Group 3: Company Overview - Aureus Greenway Holdings Inc. operates daily fee golf country clubs in Florida, targeting a diverse demographic of both locals and tourists [6] - The strategic locations and approachable golf courses are designed to capture a broad share of discretionary leisure spending [6]
Update: First Canadian Graphite Inc. - Private Placement Closing 1st Tranche
Thenewswire· 2025-07-23 21:30
Core Points - First Canadian Graphite Inc. is proceeding to apply for the closing of a first tranche of financing amounting to $169,800, issuing 2,122,500 units at $0.08 per unit, with each unit consisting of one common share and one warrant exercisable at $0.10 for three years [1] - The proceeds from the private placement will be utilized for working capital, and a cash finder's fee of $2,820 will be paid [1] - The closing of the financing is contingent upon receiving all necessary regulatory approvals, including from the TSX Venture Exchange [2] Company Participation - An insider of the Company subscribed for a total of 312,000 units, which is classified as a "related party transaction" under Multilateral Instrument 61-101 [5] - This insider's participation is exempt from formal valuation and minority shareholder approval requirements as the value does not exceed 25% of the Company's market capitalization [5] - The Company did not file a material change report 21 days prior to the closing date due to the unknown details of the insider's participation at that time [5] Acquisition Details - Dal Stuart Brynelsen, the Acquiror, subscribed for 312,500 units at $0.08, increasing his total holdings to approximately 12.60% of the Company's issued and outstanding common shares [6] - If the Acquiror exercises his warrants, he would hold approximately 22.15% of the issued and outstanding shares on a partially diluted basis [6] - The units were acquired for investment purposes, and the Acquiror may adjust his holdings in the future based on market conditions [7] Reporting Obligations - The Acquiror will file an early warning report with the applicable securities regulatory authorities regarding the transaction [8]
First Canadian Graphite Inc. - Private Placement Closing 1st Tranche
Thenewswire· 2025-07-23 21:15
Core Viewpoint - First Canadian Graphite Inc. is proceeding with a private placement financing of $169,800, issuing 2,122,500 units at $0.08 per unit, with proceeds allocated for working capital [1]. Financing Details - The financing will consist of units that include one common share and one warrant exercisable at $0.10 for three years [1]. - A cash finder's fee of $2,820 will be paid in connection with the financing [1]. - The closing of the financing is contingent upon receiving all necessary regulatory approvals from the TSX Venture Exchange [2]. Securities Issuance - All securities issued will be subject to a hold period of four months plus one day from the date of issuance [3]. Material Changes - The company confirms that there are no undisclosed material facts or changes related to its operations [4]. Acquisition of Units - Dal Stuart Brynelsen, the Acquiror, has subscribed for 312,500 units at $0.08, increasing his total holdings to approximately 12.60% of the company's outstanding common shares [5]. - If the Acquiror exercises his warrants, he would hold approximately 22.15% of the issued and outstanding shares on a partially diluted basis [5]. Investment Intent - The units were acquired for investment purposes, and the Acquiror will review this investment on an ongoing basis, with potential future adjustments to holdings [6]. Reporting Obligations - The Acquiror will file an early warning report in accordance with National Instrument 62-103F1, detailing the transaction with relevant securities regulatory authorities [7].