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Fidelity Minerals Announces Upsizing of Proposed Non-Brokered Private Placement Financing
Thenewswire· 2025-09-24 13:00
  Vancouver, BC – TheNewswire - September 24, 2025 – Fidelity Minerals Corp. (TSX-V: FMN | FSE: S5GM | SSE: MNYC) (“Fidelity Minerals” or the “Company”) is pleased to announce an increase in the size of the previously announced non-brokered private placement financing (the "Financing") of units of the Company (“Units”) at a price of $0.10 per Unit. The size of the Financing has been increased from 12,500,000 Units to 15,000,000 Units for aggregate gross proceeds of $1,50 0,000. Each unit will consist of on ...
International Prospect Ventures Announces $350,000 Private Placement Financing
Newsfile· 2025-09-24 11:30
Val-d'Or, Québec--(Newsfile Corp. - September 24, 2025) - International Prospect Ventures Ltd. (TSXV: IZZ) (the "Company") announces that it will conduct a non-brokered private placement offering pursuant to which it will issue up to 7,000,000 Units at a per Unit price of $0.05 for gross proceeds of up to $350,000. Each Unit will consist of one common share in the capital of the Company and one non-transferable share purchase warrant entitling the holder thereof to acquire one common share of the Company a ...
Westward Gold Announces $5M Non-Brokered Private Placement Financing, with $2.5M Lead Order from New Cornerstone Investor & $1M from Current Strategic Investor Crescat Capital LLC
Thenewswire· 2025-09-23 21:10
Core Viewpoint - Westward Gold Inc. is initiating a non-brokered private placement to raise approximately C$5,000,000 through the sale of up to 45,454,545 units at C$0.11 per unit, which will support its drilling program and general working capital [1][3]. Group 1: Offering Details - The Offering consists of units priced at C$0.11 each, with each unit comprising one common share and one warrant [1]. - Each warrant allows the holder to purchase one common share at C$0.15 for 24 months post-closing [1]. - The Offering is subject to regulatory approvals and will have a hold period of four months and one day for the issued securities [3]. Group 2: Major Shareholders - Concept Capital Management Ltd. will subscribe for 22,727,272 units, contributing approximately C$2,500,000 [2]. - Crescat Capital LLC will subscribe for 9,090,909 units, contributing approximately C$1,000,000 [2]. Group 3: Use of Proceeds - Net proceeds will primarily fund an expanded drilling program at the Toiyabe Hills Property in Nevada, which includes a 5,000-meter drilling program across up to 10 holes [3]. - Additional funds will be allocated for general working capital purposes [3]. Group 4: Insider Participation - Certain insiders intend to acquire units in the Offering, which will be classified as a related party transaction [5]. - This participation is expected to be exempt from formal valuation and minority shareholder approval requirements due to the size of the transaction relative to the company's market capitalization [5]. Group 5: Company Overview - Westward Gold is focused on mineral exploration, particularly the Toiyabe Hills Project in Nevada, along with other projects in the region [7].
Fidelity Minerals Announces Private Placement Financing
Thenewswire· 2025-09-17 19:15
  Vancouver, BC, September 17, 2025 – TheNewswire - Fidelity Minerals Corp. (TSX-V: FMN | FSE: S5GM | SSE: MNYC) (“Fidelity Minerals” or the “Company”) is pleased to announce that it has arranged a non-brokered private placement financing (the "Financing") of up to 12,500,000 units at a price of C$0.10 per unit for total gross proceeds of up to C$1,250,000. Each unit will consist of one common share and one-half warrant, with each full warrant exercisable into one additional common share at C$0.20 for a pe ...
Myriad Uranium Announces Increased Private Placement
Newsfile· 2025-09-16 23:17
Core Viewpoint - Myriad Uranium Corp. has increased its non-brokered private placement financing from gross proceeds of $125,000 to up to $550,000, issuing up to 2,200,000 units at $0.25 per unit, each comprising one common share and one-half of a common share purchase warrant [1][2]. Group 1: Financing Details - The financing will involve the issuance of units at a price of $0.25, with each unit consisting of one common share and one-half of a warrant, where each full warrant allows the purchase of one share at an exercise price of $0.35 for 24 months [1][2]. - The company plans to use the proceeds from the financing for general working capital [2]. Group 2: Participation and Related Party Transactions - Three board members, including the CEO, will participate in the financing, which is classified as a "related party transaction" under Multilateral Instrument 61-101 [3]. - This participation is exempt from formal valuation and minority shareholder approval requirements as it does not exceed 25% of the company's market capitalization [3]. Group 3: Company Overview - Myriad Uranium Corp. holds a 75% interest in the Copper Mountain Uranium Project in Wyoming, which has historical uranium production and significant exploration potential [5]. - The Copper Mountain project has seen extensive drilling, with approximately 2,000 boreholes drilled and an estimated historical expenditure of C$117 million by Union Pacific for exploration and development [5].
Bunker Hill Updates Previously Announced C$45 Million “Bought Deal” Private Placement of Units to Provide for Canadian Dollar and U.S. Dollar Denominated Tranches
Globenewswire· 2025-09-15 10:45
Core Viewpoint - Bunker Hill Mining Corp. has revised the terms of its private placement financing, aiming to raise a total of approximately C$18 million and US$19.6 million through Canadian and U.S. dollar-denominated units respectively [1][3]. Financing Details - The financing consists of two tranches: 150,000,000 units priced at C$0.12 for gross proceeds of C$18,000,000 (CAD Offering) and 225,000,000 units priced at US$0.08711 for gross proceeds of US$19,599,750 (USD Offering) [1][8]. - The offering is led by Haywood Securities Inc. as the lead underwriter, along with BMO Capital Markets as part of the underwriting syndicate [2]. Closing and Conditions - The offering is expected to close on September 29, 2025, subject to certain closing conditions, including necessary approvals from the TSX Venture Exchange [4]. Underwriter Compensation - The company will pay the underwriters a cash commission of 6.0% of the gross proceeds, with a reduced fee of 3.0% for certain purchasers on the President's List. Additionally, non-transferable compensation options will be issued [5]. Regulatory Compliance - The units will not be registered under the U.S. Securities Act and cannot be offered or sold in the United States without proper registration or exemption [6][7]. Company Overview - Bunker Hill Mining Corp. focuses on revitalizing its historic mining asset in northern Idaho, specifically targeting zinc, lead, and silver deposits [9].
Bunker Hill Updates Previously Announced C$45 Million “Bought Deal” Private Placement of Units to Provide for Canadian Dollar And U.S. Dollar Denominated Tranches
Globenewswire· 2025-09-15 10:45
Core Points - Bunker Hill Mining Corp. has revised the terms of its private placement financing, consisting of two tranches: a CAD Offering of 150,000,000 units at C$0.12 for gross proceeds of C$18,000,000 and a USD Offering of 225,000,000 units at US$0.08711 for gross proceeds of US$19,599,750 [1][7] - The Offering is expected to close on September 29, 2025, pending necessary approvals, including conditional listing approval from the TSX Venture Exchange [3][10] - A cornerstone investor is anticipated to subscribe for the entirety of the USD Offering [2] Offering Details - The cash commission for the underwriters is set at 6.0% of the gross proceeds, with a reduced fee of 3.0% for certain purchasers on the President's List [4] - Compensation Options will be issued equal to 6.0% of the aggregate number of units sold, with a specific 3.0% for the President's List purchasers [4] - The securities will be subject to a statutory hold period of four months and one day in Canada and a minimum six-month hold period in the U.S. [6] Regulatory Compliance - The units have not been registered under the U.S. Securities Act and cannot be offered or sold in the U.S. without registration or an applicable exemption [5][6] - The Offering is subject to regulatory approvals, including those from the TSX Venture Exchange [3][10]
Providence Gold Mines Inc. Announces Financing Update on the La Dama de Oro Gold Property
Thenewswire· 2025-09-12 18:25
Core Viewpoint - Providence Gold Mines Inc. is initiating a non-brokered Unit Private Placement Financing of up to $250,000 through the issuance of 5,000,000 units, each consisting of one Common Share and one full Warrant, priced at $0.05 per Unit, subject to regulatory approval [1][2]. Financing Details - The Private Placement will involve a four-month plus one-day hold period for all securities issued, in accordance with applicable securities laws [2]. - The Company plans to utilize the net proceeds for regulatory fees, sampling, evaluation of underground mineralization at the La Dama De Oro property, and administrative expenses [3]. Property and Mineralization - The La Dama de Oro Property is located in the Silver Mountain Mining District, characterized by complex geology and significant structural features, including the La Dama de Oro Fault [5]. - The mineralization is classified as a low-sulfidation epithermal gold-silver vein system, with the largest known vein measuring 4.5 feet at its widest point and extending over 6,000 feet, indicating robust exploration potential [6]. Permits and Future Opportunities - All necessary permits for bulk sampling, water access, road access, and environmental plans have been approved, providing a foundation for potential future production at the La Dama de Oro mine [4][7]. - The Company is responding to regulatory requests for additional information regarding its NI 43-101 submission, which has been classified as a Fundamental Transaction [3].
Sonoro Gold closes oversubscribed private placement financing
Proactiveinvestors NA· 2025-09-10 12:55
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team covers key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers news and insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]
King Copper Discovery Corp. Announces $15 Million Financing
Globenewswire· 2025-09-04 11:00
Core Points - King Copper Discovery Corp has arranged a non-brokered private placement financing of up to 65,217,392 common shares at a price of $0.23 per share, aiming for gross proceeds of up to $15 million [1][2] - A strategic investor will participate in the financing, expected to hold approximately 9.99% ownership interest in King Copper on an undiluted basis [2][3] - Proceeds from the financing will be utilized for advancing exploration, including a diamond drilling program at the Colquemayo copper-gold project, and for working capital [2][3] Financing Details - The expected closing date of the financing is September 17, 2025, and it is subject to various conditions, including approval from the TSX Venture Exchange [4] - Finder's fees may be applicable, and all securities issued will be subject to a statutory four-month hold period [4] - Eventus Capital Corp has been appointed as an advisor for the financing [4] Strategic Investor Agreement - Upon closing, King Copper and the investor will enter into an investor rights agreement, granting the investor rights to participate in future equity financings and to maintain their ownership percentage [3] - The investor will have the right to nominate one person to the board of directors, increasing to two if the board size expands to eight or more directors [3] Company Overview - King Copper is a TSXV-listed exploration company focused on the Colquemayo gold-copper project in South America, led by a team with a history of multiple gold-copper-silver discoveries [7]