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Onyx Announces Closing of its Previously Announced $3 Million Financing Investment by Strategic Investor
Newsfile· 2025-05-29 17:06
Core Points - Onyx Gold Corp. has successfully closed the first tranche of a non-brokered private placement, raising approximately $3 million by issuing 3,490,343 common shares at a price of $0.85 per share [1][2] - The net proceeds from this financing will be utilized for general corporate purposes [2] - The second tranche of the private placement is expected to close around June 6, 2025, pending necessary approvals [3] Company Overview - Onyx Gold is an exploration company focused on Canadian mining jurisdictions, with significant assets in Timmins, Ontario, and Yukon Territory [5] - The company holds a portfolio of gold projects, including the high-grade Munro-Croesus Gold property and two earlier-stage exploration properties, Golden Mile and Timmins South [5] - Onyx Gold also controls four properties in the Selwyn Basin area of Yukon Territory, which is gaining attention due to recent discoveries [5] - The management team is dedicated to creating shareholder value through responsible mineral exploration and capital allocation [5]
Hi-View Announces Non-Brokered Private Placement
Globenewswire· 2025-05-28 21:38
Core Points - HI-VIEW RESOURCES INC. announced a non-brokered private placement of up to 4,800,000 units at a price of $0.10 per unit, aiming for gross proceeds of up to $480,000 [1][2] - Each unit consists of one common share and one transferable common share purchase warrant, with the warrant allowing the purchase of an additional share at $0.12 for 36 months [2] - Directors and officers may participate in the private placement, which is classified as a related party transaction and is expected to be exempt from certain formal requirements [3] - The net proceeds will be used for exploration activities and general corporate purposes, with a potential finder’s fee of up to 10% applicable [4] - HI-VIEW is focused on mineral exploration in Canada, holding a 100% interest in the Babine BC Copper-Gold property and other claims in the Toodoggone region, covering over 9,749 hectares [5]
CopAur Minerals Upsizes Private Placement Amid Strategic Interest
Newsfile· 2025-05-27 18:33
Core Viewpoint - CopAur Minerals Inc. has increased its non-brokered private placement from $400,000 to $600,000 due to significant interest from strategic investors, indicating confidence in the company's strategic direction and project pipeline [1][2]. Group 1: Private Placement Details - The offering will now consist of 6,000,000 units priced at $0.10 per unit, with each unit including one common share and one-half of a common share purchase warrant, exercisable at $0.15 for 18 months [1]. - An acceleration clause is included, allowing the expiry date of the warrants to be accelerated to 30 days if the company's shares trade at or above $0.20 for 10 consecutive trading days [3]. Group 2: Use of Proceeds and Strategic Focus - Proceeds from the private placement will be used for general working capital and to advance high-priority exploration initiatives, particularly the Kinsley Mountain Gold Project in Nevada, which has strong discovery potential [3]. - The company is positioned at an inflection point as it attracts new strategic capital and institutional interest, prompting investors to reassess their alignment with the company's long-term growth vision [4]. Group 3: Company Overview - CopAur is focused on developing projects in the mineral-rich mining regions of Nevada, with the Kinsley Mountain Gold Project being its flagship project, located 90 kilometers south of the Long Canyon mine [5].
Altura Energy Announces Upsize of Brokered Private Placement
Newsfile· 2025-05-26 21:45
Core Points - Altura Energy Corp. has increased the size of its brokered private placement from $1,500,000 to $1,985,500, allowing for the issuance of up to 19,855,000 units at a price of $0.10 per unit [1][4] - Each unit consists of one common share and one warrant, with the warrant allowing the purchase of one common share at an exercise price of $0.25 for up to sixty months [2][4] - The offering is expected to close around June 11, 2025, subject to necessary approvals, including from the TSX Venture Exchange [4] Financial Utilization - The net proceeds from the offering will be used to repay existing indebtedness and for working capital and general corporate purposes [5] Company Overview - Altura Energy Corp. is an exploration and production company with interests in the Holbrook basin of Arizona [7]
Kingfisher Announces Upsize of Brokered Private Placement to $10.6 Million
Newsfile· 2025-05-26 20:37
Core Viewpoint - Kingfisher Metals Corp. is increasing its private placement offering to raise up to $10,590,538 through the issuance of non-flow-through and flow-through units, with the offering expected to close around June 3, 2025 [1][7]. Group 1: Offering Details - The company will issue up to 7,000,000 non-flow-through units at a price of $0.25 each and up to 21,302,500 flow-through units at a price of $0.415 each [1]. - Each non-flow-through unit consists of one common share and one-half of a common share purchase warrant, while each flow-through unit consists of one common share and one-half of a warrant [2]. - The warrants allow holders to acquire one common share at a price of $0.40 for 36 months, with potential acceleration of expiry if the share price exceeds $0.55 for 20 consecutive trading days [3]. Group 2: Use of Proceeds - Proceeds from the sale of flow-through units will be used for eligible Canadian exploration expenses related to the company's projects in British Columbia, with a deadline for incurring these expenses set for December 31, 2026 [6]. Group 3: Regulatory and Closing Information - The offering is subject to regulatory approvals, including from the TSX Venture Exchange, and is expected to close on or about June 3, 2025 [7]. - The offered securities will be subject to a four-month hold period under Canadian securities laws following the closing date [7]. Group 4: Company Overview - Kingfisher Metals Corp. is focused on copper-gold exploration in British Columbia's Golden Triangle and has consolidated a significant land position of 849 km² at the HWY 37 Project, along with two gold projects totaling 641 km² [8].
CANADA CARBON INC. ANNOUNCES EXTENSION OF PRIVATE PLACEMENT
Globenewswire· 2025-05-26 13:20
Core Points - Canada Carbon Inc. has been granted a 30-day extension to close its non-brokered private placement of up to 35,000,000 units at a price of $0.02 per unit, aiming for aggregate gross proceeds of up to $700,000 [1] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the holder to acquire one common share at a price of $0.06 for 60 months [1] - The closing of the offering is subject to regulatory approvals, including the approval of the TSX Venture Exchange [2] Financial Details - The offering proceeds will be utilized for corporate and general working capital purposes [2] - A finder's fee may be paid to eligible parties, consisting of a cash fee equal to 8% of the gross proceeds and finder's warrants equal to 8% of the units issued [3] Regulatory Information - All securities issued will be subject to a hold period of four months plus a day from the date of issuance [2] - The securities have not been registered under the U.S. Securities Act and cannot be offered or sold in the United States unless registered or exempt [4]
Forte Minerals Announces Private Placement of up to C$2.4 Million
Globenewswire· 2025-05-23 13:00
“Not for distribution to United States newswire services or for dissemination in the United States.” VANCOUVER, British Columbia, May 23, 2025 (GLOBE NEWSWIRE) -- Forte Minerals Corp. (“Forte” or the “Company”) (CSE: CUAU) (OTCQB: FOMNF) (Frankfurt: 2OA), intends to complete a non-brokered private placement (the “Offering”) to raise up to C$2,400,000 for drilling and exploration programs on the Company’s Peruvian projects and for general working capital, all as further outlined below. The Offering involves ...
Mullen Group Ltd. Announces Pricing of Private Placement Notes Offering
Globenewswire· 2025-05-22 22:46
Summary of Mullen Group Ltd. Notes Offering Core Viewpoint Mullen Group Ltd. has successfully priced a senior secured notes offering amounting to approximately CAD$400 million, aimed at enhancing liquidity for future growth and prepaying existing debt. Group 1: Notes Offering Details - The offering consists of US$50 million with a yield of 6.91% per annum and CAD$325 million with a yield of 6.04% per annum, maturing on July 10, 2037 [2] - Interest on the notes will be payable semi-annually starting December 7, 2025 [2] - The offering is expected to close on July 10, 2025, pending customary closing conditions [3] Group 2: Use of Proceeds - The net proceeds from the notes offering will be used to prepay existing private placement debt maturing in October 2026 and for general corporate purposes [3][4] - The company aims to utilize the funds to pursue new acquisitions aligned with its strategic plans [4] Group 3: Company Background - Mullen Group is a public company with a significant portfolio in the transportation and logistics sectors, providing a variety of services including less-than-truckload, truckload, and specialized hauling [7] - The company operates a network of independently run businesses and offers specialized services related to energy, mining, forestry, and construction industries in western Canada [7]
Ryman Hospitality Properties, Inc. Announces Upsizing and Pricing of $625 Million of Senior Notes Due 2033
Globenewswire· 2025-05-20 22:00
Core Viewpoint - Ryman Hospitality Properties, Inc. has successfully upsized and priced a private placement of $625 million in senior notes to fund a portion of the acquisition of JW Marriott Phoenix Desert Ridge Resort & Spa, with expected net proceeds of approximately $614 million after expenses [1][2]. Group 1: Notes Offering - The private placement of senior notes was increased from $600 million to $625 million, with a fixed interest rate of 6.500% due in 2033 [1]. - The notes will be senior unsecured obligations guaranteed by the company and its subsidiaries, which also guarantee existing credit facilities and other senior unsecured notes [1]. - The expected closing date for the notes offering is June 4, 2025, subject to customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds from the notes offering will be used to fund part of the $865 million purchase price for the Desert Ridge Acquisition and to cover related fees and expenses [2]. - The remaining balance for the Desert Ridge Acquisition will be financed through a public offering of 2,600,000 shares of common stock priced at $96.20 per share, which is expected to close on May 21, 2025 [2][3]. Group 3: Redemption Conditions - If the Desert Ridge Acquisition is not completed, the notes will be subject to a special mandatory redemption at 100% of the issue price plus any accrued interest [3]. - The completion of the notes offering is not contingent upon the Desert Ridge Acquisition, and vice versa [3]. Group 4: Company Overview - Ryman Hospitality Properties, Inc. is a leading lodging and hospitality real estate investment trust specializing in upscale convention center resorts and entertainment experiences [6]. - The company owns several major properties, including Gaylord Opryland Resort & Convention Center and Gaylord Palms Resort & Convention Center, totaling 11,414 rooms and over 3 million square feet of meeting space [6][7]. - Ryman Hospitality also holds a controlling interest in Opry Entertainment Group, which includes iconic country music brands and entertainment venues [6][7].
Southwest Gas Holdings Announces Launch of Secondary Public Offering of Centuri Holdings, Inc. Common Stock
Prnewswire· 2025-05-20 20:51
Core Viewpoint - Southwest Gas Holdings, Inc. is initiating a secondary public offering of 9,000,000 shares of Centuri Holdings, Inc. common stock, with an option for underwriters to purchase an additional 1,350,000 shares [1][2] Group 1: Offering Details - The offering includes 9,000,000 existing shares of Centuri's common stock, with a potential additional purchase option for underwriters [1] - Icahn Partners and Icahn Partners Master Fund LP will concurrently purchase $50 million in shares from Southwest Gas Holdings at the offering price [2] - The shares are being offered under an effective shelf registration statement filed with the SEC, and a preliminary prospectus supplement will be available [3] Group 2: Company Background - Southwest Gas Holdings operates through its subsidiary, Southwest Gas Corporation, providing natural gas services to over 2 million customers in Arizona, Nevada, and California [5] - Centuri Holdings, Inc. is a utility infrastructure services company that collaborates with regulated utilities to maintain energy networks across the U.S. and Canada [6]