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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].
Aureus Greenway Holdings , Inc. Announces Twenty Six Million Dollar Private Placement Priced At-The Market under Nasdaq Rules
GlobeNewswire News Room· 2025-07-23 19:30
Core Viewpoint - Aureus Greenway Holdings Inc. has announced a definitive securities purchase agreement for the issuance and sale of units consisting of common stock and warrants, aiming to raise approximately $26 million through a private placement [1][2]. Group 1: Offering Details - The company will issue 41,935,483 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]. - The price per unit for the offering is set at $0.87, with the private placement expected to close on July 25, 2025, subject to customary closing conditions [1][2]. - Each pre-funded warrant allows the holder to acquire one share of common stock at an exercise price of $0.0001, while common warrants A and B have exercise prices of $1.00 and $1.25 respectively, both valid for five years post-closing [2]. Group 2: Use of Proceeds - The 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, thereby capturing a significant share of discretionary leisure spending [6].
Aureus Greenway Holdings , Inc. Announces Twenty Six Million Dollar Private Placement Priced At-The Market under Nasdaq Rules
Globenewswire· 2025-07-23 19:30
Core Viewpoint - Aureus Greenway Holdings Inc. has announced a definitive securities purchase agreement for the issuance and sale of units consisting of common stock and warrants, aiming to raise approximately $26 million in gross proceeds through a private placement [1][2]. Group 1: Securities Offering Details - The company will issue 41,935,483 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 at specified exercise prices [2]. - The exercise price for each pre-funded warrant is $0.0001 per share, while common warrant A and B have exercise prices of $1.00 and $1.25 per share, respectively, both valid for five years post-offering [2]. - The private placement is expected to close on July 25, 2025, subject to customary closing conditions [2]. Group 2: Use of Proceeds - The 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, thereby capturing a significant share of discretionary leisure spending [6].
Newlox Gold Announces Private Placement
Thenewswire· 2025-07-23 02:50
Core Points - Newlox Gold Ventures Corp. plans to raise up to $2,000,000 through a non-brokered private placement of up to 28,571,429 units at a price of $0.07 per unit [1][2] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of a share at $0.12 for 36 months [2] - Insiders are participating in the private placement for a total of $585,000, with specific amounts from Mr. Dent ($140,000), Mr. Benevides ($420,000), and Mr. MacKay ($25,000) [3] - The participation of insiders is considered a related party transaction but is expected to be exempt from formal valuation and minority shareholder approval requirements [4] - Proceeds from the private placement will fund current operations in Costa Rica and general working capital, subject to regulatory approvals [5] - Newlox Gold Ventures Corp. focuses on recovering gold and silver from artisanal mining operations in Latin America, utilizing technology for metal recovery and environmental remediation [6]
Minnova Provides Update on Private Placement
Newsfile· 2025-07-22 23:45
Core Viewpoint - Minnova Corp. is seeking an extension for price protection to complete a non-brokered private placement of up to 16,000,000 units at a price of $0.05 per unit, aiming for total gross proceeds of up to $800,000 [1] Group 1: Private Placement Details - The company closed the initial tranche of the offering on July 14, 2025, issuing 8,510,000 units for gross proceeds of $425,000 [2] - The extension request for price protection is for an additional ten days to finalize the offering [1] Group 2: Company Overview - Minnova Corp. is focused on restarting its PL Gold Mine, which has a positive feasibility study completed in 2018, projecting an average annual production rate of 46,493 ounces over a minimum five-year mine life [4] - The project benefits from a short pre-production timeline of 15 months, a valid underground mining permit, and an existing processing plant with a capacity of 1,000 tons per day [4] - The PL Gold Mine is located in the Flin Flon Greenstone Belt of Central Manitoba, with significant existing mining infrastructure nearby [4]
Adyton Resources Announces C$10 Million Private Placement of Units
Globenewswire· 2025-07-22 22:42
Core Viewpoint - Adyton Resources Corp. has announced a brokered private placement to raise up to C$12 million for exploration and corporate purposes, with a focus on its mineral properties in Papua New Guinea [1][2][3]. Group 1: Offering Details - The company will issue up to 25,000,000 units at a price of $0.40 per unit, potentially raising aggregate gross proceeds of up to $10 million [1][2]. - An Over-Allotment Option allows for an additional 5,000,000 units to be offered, increasing total gross proceeds to approximately C$12 million if fully exercised [2]. - Each unit consists of one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of one share at $0.60 for 24 months [2]. Group 2: Use of Proceeds - Net proceeds from the offering will be allocated to the exploration and advancement of the company's mineral properties, as well as for general working capital and corporate purposes [3]. Group 3: Company Overview - Adyton Resources Corp. is focused on developing gold and copper resources in Papua New Guinea, with a portfolio of mineral exploration projects [5]. - The company has a total mineral resource estimate of 173,000 ounces of indicated gold and 2,000,000 ounces of inferred gold within its projects [6]. - The Feni Island Project has an inferred mineral resource of 1,460,000 ounces of gold, while the Fergusson Island Project has indicated and inferred resources totaling 173,000 ounces and 540,000 ounces of gold, respectively [7][8].
Baru Gold Completes Second and Final Tranche of Private Placement
Thenewswire· 2025-07-22 18:00
Group 1 - Baru Gold Corp. has successfully closed the final tranche of an oversubscribed non-brokered private placement financing, raising total gross proceeds of $1,383,606 [1][2] - The private placement was initially targeted at $799,000 but was increased to $1,300,000 due to strong investor demand, ultimately exceeding the original target by $584,606 or 73% [2] - Tranche Two specifically raised gross proceeds of $485,653.07, issuing 5,713,565 Units at a price of $0.085 per Unit [3] Group 2 - Each Unit issued consists of one common share and one common share purchase warrant, with each warrant allowing the holder to acquire an additional common share at a price of $0.115 for two years [1] - The securities from Tranche Two are subject to a four-month hold period, expiring on November 23, 2025, and the private placement is pending final approval from the TSX Venture Exchange [3] Group 3 - The Sangihe Gold Project, located on the Indonesian island of Sangihe, covers a gold-bearing area of approximately 25,000 hectares, with only 10% explored to date [5][6] - The company holds a 70% interest in the Sangihe mineral tenement Contract of Work through PT. Tambang Mas Sangihe, with a 30% interest held by other Indonesian corporations [7] - Baru Gold Corp. is recognized as a junior gold developer with NI 43-101 gold resources in Indonesia, a leading gold-producing country [8]
American Copper Development Corporation Announces Private Placement
Newsfile· 2025-07-22 01:30
Group 1 - The company, American Copper Development Corporation, announced a non-brokered private placement of up to 5,350,000 units at a price of CAD$0.225 per unit, aiming for aggregate gross proceeds of up to CAD$1,203,750 [1] - Each unit consists of one common share and one transferable share purchase warrant, with each warrant exercisable to purchase one additional common share at a price of CAD$0.30 for a period of 18 months from the closing date [1] - The proceeds from the private placement will be used for general working capital purposes [2] Group 2 - The private placement is subject to the approval of the Canadian Securities Exchange (CSE), and all securities issued will be subject to a statutory hold period of four months and one day, along with a voluntary lock-up where one-third of the securities will be released from escrow every six months after closing [3] - Finder's fees may be payable in connection with the private placement, in accordance with CSE policies and applicable securities laws [3] Group 3 - The company is engaged in mineral exploration and the acquisition of mineral property assets, with the objective of locating and developing economic precious and base metal properties [4]
AlphaGen Announces Private Placement of up to $856,440
Globenewswire· 2025-07-21 23:01
Core Viewpoint - AlphaGen Intelligence Corp. plans to conduct a non-brokered private placement offering of up to 7,137,000 common shares at a price of $0.12 per share, aiming for gross proceeds of up to $856,440 [1][2]. Group 1: Offering Details - The offering will be used for general working capital purposes [2]. - All securities issued will be subject to a statutory hold period of four months and one day [2]. - The closing of the offering is contingent upon receiving necessary regulatory approvals, with an anticipated closing date around August 11, 2025 [2][6]. Group 2: Company Overview - AlphaGen Intelligence Corp. is publicly traded and holds a portfolio in gaming, entertainment, eCommerce, and retail [4]. - The company operates units such as Shape Immersive, a metaverse studio, and MANA, a SaaS solution for community engagement [4]. - Notable clients and partners include RTFKT, Olympics, Red Bull, Intel, and TED [4].
IDEX Biometrics ASA - Fully Underwritten Private Placement successfully placed - 21 July 2025
Globenewswire· 2025-07-21 21:15
Core Viewpoint - IDEX Biometrics ASA has successfully completed a private placement, raising NOK 30 million through the issuance of new shares to support its commercialization efforts and general corporate purposes [3][11]. Group 1: Private Placement Details - The private placement involved the issuance of 9,090,909 Offer Shares at a subscription price of NOK 3.30 per share [3]. - The private placement is divided into two tranches: Tranche 1 consists of 4,731,594 Offer Shares, while Tranche 2 will include the remaining shares necessary to reach the total gross proceeds of NOK 30 million [5]. - The completion of Tranche 1 is expected to occur on or about 24 July 2025, while Tranche 2 is anticipated to settle on or about 18 August 2025 [10]. Group 2: Underwriters and Fees - Underwriters, including Altea AS and K-Konsult AS, have agreed to be allocated Offer Shares not applied for during the application period, with a total underwriting commitment of up to NOK 30 million [4]. - An underwriting fee of 5% will be paid to each underwriter in the form of 454,542 new shares, subject to approval by the extraordinary general meeting [4]. Group 3: Share Capital Changes - Following the completion of Tranche 1, the company's share capital will increase to NOK 52,095,850, divided into 52,095,850 shares [7]. - After the completion of both tranches and the issuance of underwriting shares, the total share capital will rise to NOK 56,909,707, divided into 56,909,707 shares [8]. Group 4: Compliance and Market Conditions - The Board has confirmed that the private placement complies with the equal treatment obligations under the Norwegian Securities Trading Act and Oslo Børs regulations [11]. - The decision to conduct a private placement is based on current market conditions and growth opportunities, allowing the company to raise capital efficiently [11][12].