Private Placement
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SPOD Lithium Announces Private Placement of Units
Newsfile· 2025-07-14 21:00
Core Points - SPOD Lithium Corp. intends to complete a private placement offering of up to 7,500,000 units at a price of $0.02 per unit, aiming for aggregate gross proceeds of up to $150,000 [1][2] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional share at $0.05 after 24 months [2] - The net proceeds from the offering will be used for general working capital purposes [3] Offering Details - The offering will be made to qualified purchasers under exemptions from prospectus and registration requirements [4] - Directors and officers may participate in the offering, which is considered a related party transaction and is expected to be exempt from certain requirements [4] - Finders' fees may be paid to eligible finders in connection with the offering, subject to compliance with applicable laws [5] Regulatory and Closing Information - All securities issued will be subject to a statutory hold period of four months and one day from issuance [6] - The offering is expected to close on or about July 25, 2025, and may close in multiple tranches [6] - The securities will not be registered under the U.S. Securities Act and cannot be offered or sold in the United States without registration or exemption [7] Company Overview - SPOD Lithium Corp. is focused on exploring and developing lithium resources, with properties located in Quebec and Ontario, Canada [9] - The company emphasizes sustainable practices and aims to deliver value for its stakeholders [9]
Viewbix Announces Closing of $4.5 Million Private Placement
Globenewswire· 2025-07-14 19:58
Core Viewpoint - Viewbix Inc. has successfully closed a private placement transaction, raising approximately $4.5 million through the sale of common stock and warrants, aimed at exploring new business opportunities and investments in various sectors [1][2][4]. Group 1: Private Placement Details - The private placement involved the issuance of approximately 925,923 units, with common units priced at $4.86 each and pre-funded units sold at a similar price minus a minimal exercise price [3]. - Each unit consists of one share of common stock and one common warrant, with an exercise price of $4.74 per share, and the common warrants have a term of 5.5 years [3]. - The closing of the private placement occurred on July 14, 2025, with gross proceeds of around $4.5 million before fees and expenses [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for general corporate purposes and working capital, in conjunction with existing cash [4]. Group 3: Company Overview - Viewbix operates in the digital advertising sector through subsidiaries Gix Media Ltd. and Cortex Media Group Ltd., focusing on search technology and digital content creation [7]. - The company develops software solutions for automating and optimizing internet campaigns, aiming to enhance revenue generation for advertisers [7].
Revival Gold Announces Upsize of Financing for a Total of $27 Million
Globenewswire· 2025-07-14 18:32
Core Viewpoint - Revival Gold Inc. has announced an upsized strategic placement with EMR Capital Management Limited, raising gross proceeds of US$11.3 million (C$15.4 million) through the sale of 32,069,531 common shares at a price of C$0.48 per share [1][2][3]. Group 1: Strategic Placement Details - EMR's pro-forma interest in Revival Gold is expected to be approximately 12.00% upon closing, assuming full subscription of the Concurrent Offering [2]. - The EMR Strategic Placement includes customary anti-dilution rights and the right to nominate a director to the Board of Directors [2]. - The total raise has been upsized to accommodate significant demand, allowing the company to advance its projects and plans [3]. Group 2: Concurrent Offering - The company has also upsized its non-brokered private placement to up to C$11.6 million, issuing up to 24,180,469 common shares at the same price of C$0.48 per share [4]. - The Common Shares under the Concurrent Offering will be offered to purchasers in Canada (except Quebec) and may also be issued to purchasers outside Canada, including the United States, under applicable regulatory requirements [5]. Group 3: Use of Proceeds - The net proceeds from both the EMR Strategic Placement and the Concurrent Offering will be utilized for the ongoing exploration and development of the Mercur and Beartrack-Arnett projects, as well as for general working capital and corporate purposes [6]. Group 4: Closing Conditions - The EMR Strategic Placement and the Concurrent Offering are subject to customary closing conditions, including necessary regulatory approvals, with expected closing around July 29, 2025 [8].
Mogotes Metals Announces Closing of Third and Final Tranche of Private Placement of Units
Newsfile· 2025-07-14 11:00
Mogotes Metals Announces Closing of Third and Final Tranche of Private Placement of UnitsJuly 14, 2025 7:00 AM EDT | Source: Mogotes Metals Inc.Toronto, Ontario--(Newsfile Corp. - July 14, 2025) - Mogotes Metals Inc. (TSXV: MOG) (FSE: OY4) (OTCQB: MOGMF) ("Mogotes", or the "Company") is pleased to announce that, further to its press releases of June 2, 2025, June 16, 2025 and July 7, 2025, the Company has closed the third and final tranche of its non-brokered private placement through the issu ...
American Lithium Announces Non-Brokered Private Placement
Globenewswire· 2025-07-14 11:00
The Company intends to use the net proceeds from the Private Placement for working capital and general corporate purposes. The Private Placement is subject to certain closing conditions, including, but not limited to, the receipt of all necessary regulatory approvals and the approval of the TSX Venture Exchange (the "TSXV"). The Private Placement will be made to qualified investors in such provinces of Canada as the Company may designate, and otherwise in those jurisdictions where the Private Placement can ...
Permex Petroleum Announces Closing of US$2,000,000 Private Placement of Convertible Debentures
Newsfile· 2025-07-11 21:12
Core Points - Permex Petroleum Corporation has successfully closed a private placement of convertible debenture units, raising gross proceeds of US$2,000,000 [1][2] Group 1: Offering Details - The Offering consisted of 2,000 Units, each comprising one convertible debenture with a principal amount of US$1,000 and 393 common share purchase warrants [2] - The Debentures will mature one year from the issuance date and bear simple interest at a rate of 10%, payable on the Maturity Date or upon repayment [3] - Holders of the Debentures can convert the principal and accrued interest into Shares at a conversion price of US$2.54, subject to certain conditions [4] Group 2: Use of Proceeds - The proceeds from the Offering are intended for general working capital purposes [5] Group 3: Subscriber Information - Kent Lindemuth acquired all 2,000 Units for a total consideration of US$2,000,000, increasing his ownership in the company to 81.71% of the issued and outstanding Shares on a partially-diluted basis [10] Group 4: Company Overview - Permex Petroleum is a junior oil and gas company with operations in the Permian Basin of West Texas and the Delaware Sub-Basin of New Mexico, focusing on low-cost development and sustainable growth [12]
Terra Balcanica Closes First Tranche While Extending LIFE Offering and Exercises First Year of Option Agreement
Globenewswire· 2025-07-11 20:00
Core Points - Terra Balcanica Resources Corp. has closed the first tranche of its private placement, raising gross proceeds of C$814,914 through the issuance of 8,149,141 units at a price of C$0.10 per unit [1] - The company is extending the final closing date of the private placement to raise total gross proceeds of up to C$1,117,495 by August 11, 2025 [2] - The President and CEO of the company, Aleksandar Mišković, highlighted significant participation from Dundee Corporation, indicating strong interest in the company's work [3] - The company is exercising its option to acquire a 100% interest in several uranium licence clusters from Fulcrum Metals, involving a cash payment of C$50,000 and the issuance of C$350,000 in common shares [5] - Terra Balcanica is focused on large-scale mineral systems in the Balkans and northern Saskatchewan, with a 90% interest in the Viogor-Zanik Project and a 100% optioned portfolio of uranium-prospective licences [7]
Kingman Minerals Ltd. Announces AGM Extension and Non-Brokered Private Placement
Newsfile· 2025-07-11 19:50
Core Viewpoint - Kingman Minerals Ltd. has received approval to extend the deadline for its Annual General Meeting to October 21, 2025, and plans to complete a non-brokered private placement of up to $504,000 [1][6]. Financing Details - The company intends to issue up to 7,200,000 units at a price of $0.07 per unit, with each unit consisting of one common share and one warrant [2]. - Each warrant will allow the holder to purchase an additional common share at an exercise price of $0.09 for 24 months from the closing date of the offering [2]. - Finder's fees of 6.0% of gross proceeds may be paid, along with finder's warrants equal to 6.0% of the units sold [3]. Use of Proceeds - The net proceeds from the offering will be used for working capital and to advance the preparation and permitting of an exploration plan at the Mohave Project, including the historic Rosebud Mine in Arizona [3]. AGM Extension - The company was required to hold its AGM by August 21, 2025, but has received an extension to October 21, 2025, to ensure adequate preparation [6][7]. - This extension allows the company to complete necessary corporate, regulatory, and administrative preparations for the AGM [7]. Related Party Transactions - Certain insiders of the company are expected to acquire units in the offering, which will be considered related party transactions [5]. - The company plans to rely on exemptions from formal valuation and minority shareholder approval requirements due to the fair market value of related party participation being below 25% of its market capitalization [5]. Company Overview - Kingman Minerals Ltd. is focused on precious metals exploration and development in North America, with its flagship project being the historic Rosebud Mine in Arizona [9][10].
Viewbix Announces Pricing of $4.5 Million Private Placement Priced At-The-Market under Nasdaq Rules
Globenewswire· 2025-07-11 13:05
Core Viewpoint - Viewbix Inc. has entered into agreements for the sale of approximately $4.5 million shares of common stock and pre-funded warrants, aiming to explore new business opportunities and investments in various sectors [1][2][4]. Group 1: Transaction Details - The company will issue a total of 925,923 units, with common units priced at $4.86 each and pre-funded units priced similarly, minus a pre-funded warrant exercise price of $0.0001 [3]. - Each unit consists of one share of common stock and one common warrant, with an exercise price of $4.74 per share, valid for 5.5 years from issuance [3]. - The closing of the private placement is expected around July 14, 2025, pending customary closing conditions, with gross proceeds anticipated to be approximately $4.5 million before fees and expenses [4]. Group 2: Use of Proceeds - The net proceeds from the offering, along with existing cash, will be utilized for general corporate purposes and working capital [4]. Group 3: Company Overview - Viewbix operates in digital advertising through subsidiaries Gix Media Ltd. and Cortex Media Group Ltd., focusing on search and digital content [7]. - The search segment develops software solutions for automating, optimizing, and monetizing internet campaigns, while the digital content segment creates and edits content for various target audiences to generate revenue from major advertising platforms [7].
Baru Gold Increases Private Placement Allotment
Thenewswire· 2025-07-11 13:00
July 11, 2025 – TheNewswire - Vancouver, BC - Baru Gold Corp (BARU: TSX.V | BARUF: OTCQB) (“Baru” and its subsidiary PT. Tambang Mas Sangihe (“TMS”) or the “Company”) announces that further to its news release regarding the non-brokered private placement dated July 9, 2025, the Company is increasing the offer to up to 15,294,118 units priced at $0.085 per unit for total proceeds of $1,300,000 (the “Private Placement”). The funding will support working capital and particular pre-production expenses, enabl ...