Private Placement
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Marimaca Copper Announces Closing of First Tranche of US$17.7 Million Non-Brokered Private Placement
Globenewswire· 2025-06-11 16:17
Not for distribution to U.S. newswire services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities law. VANCOUVER, British Columbia, June 11, 2025 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca” or the “Company”) (TSX: MARI) (ASX: MC2) is pleased to announce the closing of the first tranche of the previously announced non-brokered private placement (the “Private Placement”). Pursuant to the Private Placement, Assore Inte ...
LEADING EDGE MATERIALS ANNOUNCES UP TO $4,000,000 NON-BROKERED PRIVATE PLACEMENT
Globenewswire· 2025-06-11 06:30
Core Viewpoint - Leading Edge Materials Corp. plans to conduct a non-brokered private placement of up to 25,000,000 units at a price of C$0.16 per unit, aiming for total gross proceeds of up to C$4,000,000 [2][3]. Group 1: Private Placement Details - The private placement will consist of units, each comprising one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at C$0.32 until four years from the closing date [4]. - The company anticipates participation from certain insiders, which will be considered a related party transaction, but expects to rely on exemptions from formal valuation and minority shareholder approval requirements [5]. - The placement targets Canadian, Nordic, and other international investors, with all securities subject to a hold period of four months and one day from the closing date [6]. Group 2: Use of Proceeds - The net proceeds from the private placement will be allocated to the company's projects in Sweden and Romania, as well as for general working capital and corporate purposes [3]. Group 3: Regulatory and Compliance Information - The private placement is subject to necessary regulatory approvals, including that of the TSX Venture Exchange [6]. - The securities will not be registered under U.S. securities laws and cannot be offered or sold in the U.S. without registration or an applicable exemption [8][20].
Walker Lane Resources Announces Terms for Private Placement Units to Raise C$1,320,000
Globenewswire· 2025-06-10 08:00
Core Viewpoint - Walker Lane Resources Ltd. is initiating a non-brokered private placement to raise up to C$1,320,000 through the issuance of units at specified prices [1][2]. Group 1: Offering Details - The offering consists of 4,000,000 non-flow through units priced at C$0.12 each and 6,000,000 flow-through units priced at C$0.14 each [1]. - Each unit includes one common share and one full warrant, allowing the purchase of one non-flow-through common share at C$0.16 for 24 months post-closing [2]. - The closing date is expected on or before a specified date, subject to customary conditions and regulatory approvals [2]. Group 2: Use of Proceeds - Net proceeds from the offering will be allocated to fund property expenses and exploration activities at the company's properties in Yukon, British Columbia, and Nevada, including drilling on the Amy Project [6]. - Additional funds will be used for general working capital [6]. Group 3: Company Overview - Walker Lane Resources Ltd. focuses on exploring high-grade gold, silver, and polymetallic deposits in the Walker Lane Gold Trend District in Nevada and the Rancheria Silver District in Yukon/B.C. [5]. - The company plans to implement an aggressive exploration program to advance its projects, particularly the Amy Project, which is currently under review for an exploration permit [5].
Carlton Precious Announces Further Upsize to Private Placement
Globenewswire· 2025-06-10 01:51
Core Points - Carlton Precious Inc. has announced an increase in its non-brokered private placement to up to 18,700,000 units at a price of $0.09 per unit, aiming for gross proceeds of up to $1,683,000 [1] - Each unit consists of one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of one common share at $0.12 for 24 months [1] - The company may pay eligible finders a cash commission of 7% of the gross proceeds and issue broker warrants equal to 7% of the units issued [2] - The net proceeds from the private placement will be used to initiate a drilling program at the Esquilache Project in Peru and for general working capital [3] - All securities issued will be subject to a hold period of four months plus a day from the issuance date [3] Company Overview - Carlton Precious Inc. is a publicly traded exploration company focused on precious and base metals, listed on the TSX Venture Exchange [5] - The company operates in key mining jurisdictions, including Peru and Australia [5]
Goliath Resources Provides Update on Upcoming Private Placements
Globenewswire· 2025-06-10 01:31
Core Viewpoint - Goliath Resources Limited has amended the exercise price of common share purchase warrants related to its recent private placements, which include a "bought deal" offering and a concurrent offering, with the new exercise price set at C$2.12 per share [4]. Group 1: Offerings and Financial Details - The Company is conducting a "bought deal" private placement of 6,310,000 common shares at a price of C$3.17 per share, aiming for gross proceeds of C$20,002,700 [1]. - A concurrent offering of up to 1,281,545 Charity Flow-Through Shares is also being conducted at the same price of C$3.17 per share, targeting gross proceeds of up to C$4,062,500 [1]. - The Underwriters will receive a cash commission of 6.0% of the gross proceeds from the Bought Deal Offering and warrants equal to 6.0% of the shares sold [2]. - Finders involved in the Concurrent Offering will receive a similar compensation structure, including a cash fee of 6.0% and warrants [3]. Group 2: Amendments and Regulatory Approvals - The exercise price for both the Broker Warrants and Finder's Warrants has been amended from C$1.95 to C$2.12 per common share, while other terms remain unchanged [4]. - The closing of both the Bought Deal Offering and the Concurrent Offering is subject to regulatory approvals, including that of the TSX Venture Exchange [5]. Group 3: Company Background - Goliath Resources Limited is focused on exploring precious metals projects in the Golden Triangle of northwestern British Columbia, with all projects located in favorable geological and geopolitical settings [7]. - The Company has strategic cornerstone shareholders, including Crescat Capital and McEwen Mining Inc., indicating strong backing in the industry [7].
CopAur Minerals Announces $85,000 Non-Brokered Private Placement Increasing Previously Closed Financing $505,500 Private Placement
Newsfile· 2025-06-09 23:18
Core Viewpoint - CopAur Minerals Inc. has announced a non-brokered private placement financing for gross proceeds of $85,000, increasing the previously closed financing to a total of $590,500 [1][5]. Financing Details - The private placement will consist of 850,000 units priced at $0.10 per unit, with each unit comprising one common share and one-half of a common share purchase warrant [2]. - Each whole warrant allows the holder to purchase an additional common share at a price of $0.15 for 18 months from issuance [2]. - An acceleration clause is included, allowing the company to shorten the expiry date of the warrants if the common shares trade at or above $0.20 for 10 consecutive trading days [3]. Related Party Transaction - Jeremy Yaseniuk, the CEO and a director, intends to subscribe for 350,000 units under the private placement, which is considered a related party transaction [4]. - The company plans to rely on exemptions from formal valuation and minority shareholder approval requirements, as the amount invested by the related party will not exceed 25% of the company's market capitalization [4]. Use of Proceeds - Proceeds from the private placement will be utilized to advance the company's exploration initiatives and for general working capital purposes [5]. Company Overview - CopAur is focused on developing projects in the mineral-rich mining regions of Nevada, with its flagship project being the Kinsley Mountain Gold Project [6].
Mines D'Or Orbec Announces Closing of Second and Final Tranche of Private Placement
Newsfile· 2025-06-09 21:20
Company Overview - Mines D'Or Orbec Inc. has completed a non-brokered private placement, raising a total of $1,005,000 through the issuance of 19,500,000 units and additional common shares [1][3] - The company owns 100% of a mineral claim position near Chibougamau, Québec, covering approximately 25,250 hectares in the Abitibi Greenstone Belt, which is prospective for gold and copper-gold mineralization [6] Offering Details - The second tranche of the offering consisted of 8,600,000 units sold at $0.05 per unit, generating gross proceeds of $430,000 [1][2] - Each unit includes one common share and one-half of a share purchase warrant, with warrants exercisable at $0.075 for 18 months [2] - The net proceeds will be allocated for exploration of the company's properties and general corporate purposes [3] Related Party Transactions - The Chairman and CEO of the company each purchased $35,000 worth of units in the offering, classified as a related party transaction [5] Regulatory and Financial Aspects - The shares and warrants are subject to a four-month hold period and require final approval from the TSX Venture Exchange [4] - Eligible finders received a 6% cash fee on the gross proceeds and finder warrants equivalent to 6% of the total units sold [4]
Chesapeake Gold Announces $4.4 Million Non-Brokered Private Placement with Eric Sprott
Newsfile· 2025-06-09 10:00
Core Points - Chesapeake Gold Corp. announced a non-brokered private placement of 3,700,000 units at a price of $1.20 per unit, raising gross proceeds of $4,440,000 [1] - Each unit consists of one common share and one-half common share purchase warrant, with each whole warrant exercisable at $1.65 for three years [1] - Eric Sprott, through 2176423 Ontario Ltd., is the sole subscriber for this private placement [1] Company Ownership - After the private placement, Eric Sprott will own 12,883,499 common shares and 1,850,000 warrants, representing approximately 17.9% of the outstanding common shares on a non-diluted basis and 19.9% on a partially diluted basis [2] Management Commentary - The Interim CEO expressed satisfaction with Eric Sprott's increased investment, indicating it reflects confidence in the company's strategic objectives [3] - The financing will support the advancement of proprietary leach technology and ongoing exploration, including the Lucy project [3] Use of Proceeds - Net proceeds from the private placement will be allocated to advancing the company's proprietary oxidative leach technology, ongoing exploration, and general working capital [3] Regulatory Approval - The private placement is subject to necessary approvals, including from the TSX Venture Exchange, and the units will be subject to a hold period under Canadian securities laws [4] Related Party Transaction - The private placement is classified as a related party transaction, and the company intends to rely on exemptions from formal valuation and minority shareholder approval requirements [6] Company Overview - Chesapeake Gold Corp's flagship asset is the Metates Project in Durango State, Mexico, which hosts over 16.77 million ounces of gold and 423.2 million ounces of silver in the Measured and Indicated Mineral Resource category [8]
Kaldvík AS: Key information regarding potential subsequent offering
Globenewswire· 2025-06-04 23:27
Core Viewpoint - Kaldvík AS has completed a private placement and is considering a subsequent offering for eligible shareholders who were not included in the private placement [2][3][4] Group 1: Private Placement Details - The private placement was announced on 5 June 2025, with a maximum of 4.3 million new shares to be issued at a subscription price of NOK 14 per share [3] - The last day to receive subscription rights was 4 June 2025, with the record date set for 6 June 2025 [3] - The approval for the subsequent offering is expected around 19 June 2025, pending necessary corporate resolutions [3] Group 2: Eligibility and Conditions - Eligible shareholders include those who were not part of the pre-sounding phase or allocated shares in the private placement, and who reside in jurisdictions where the offering is lawful [2][3] - No oversubscriptions will be allowed, and subscription rights will not be tradable [3] Group 3: Role of Financial Institutions - DNB Carnegie acts as the Sole Global Coordinator and Joint Bookrunner, with Arion Banki hf and Nordea Bank Abp also serving as Joint Bookrunners for the private placement and potential subsequent offering [5]
Kaldvík AS – Private placement successfully completed
Globenewswire· 2025-06-04 23:20
NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, HONG KONG OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.Frøya, 5 June 2025: Reference is made to the stock exchange release from Kaldvík AS (the "Company") published on 4 June 2025 regarding a contemplated private placement to raise gross proceeds of the NOK equivalent of approximately EUR 46.2 million (the "Private Placement") ...