Private Placement
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Tectonic Metals Upsizes Financing to $80 Million
Globenewswire· 2026-02-11 14:45
Core Viewpoint - Tectonic Metals Inc. has announced an upsized private placement offering due to strong investor demand, aiming to raise C$80 million through the sale of 37,210,000 common shares at a price of C$2.15 per share [1][2]. Offering Details - The offering is being led by 3L Capital Inc., with BMO Capital Markets and SCP Resource Finance LP as co-lead agents [2]. - The Agents have an option to increase the offering size by up to 15% of the common shares sold, exercisable up to 48 hours before the closing [3]. - The common shares will be offered to accredited investors in Canada, U.S. investors under certain exemptions, and investors in specific offshore jurisdictions [4]. Use of Proceeds - The net proceeds from the offering will be allocated to advance the Flat Gold Project and for general corporate and working capital purposes [5]. Closing and Regulatory Approval - The offering is expected to close around February 24, 2026, subject to necessary approvals, including from the TSX Venture Exchange [6]. Compensation for Agents - The company will pay the Agents a cash commission of 6.0% of the gross proceeds from the offering, reduced to 2.0% for certain president's list purchases [7].
Questcorp Mining Announces Upsized Private Placement
TMX Newsfile· 2026-02-11 05:22
Core Viewpoint - Questcorp Mining Inc. is increasing its non-brokered private placement to raise up to $3,000,000 through the sale of 15,000,000 units at a price of $0.20 per unit, which will support exploration projects and working capital needs [1][2]. Group 1: Offering Details - The offering consists of units priced at $0.20 each, with each unit comprising one common share and one-half of a share purchase warrant [1]. - Each warrant allows the holder to purchase an additional common share at $0.30 for a period of thirty-six months after the offering closes, with a 60-day exercise restriction post-closing [1]. - The offering is conducted under the Listed Issuer Financing Exemption, making the units immediately "free-trading" under Canadian securities laws, except in Quebec [3]. Group 2: Use of Proceeds - The proceeds from the offering will be allocated for exploration work at the La Union Gold and Silver Project and the North Island Copper Project, as well as for general working capital purposes [2]. Group 3: Company Overview - Questcorp Mining Inc. focuses on acquiring and exploring mineral properties in North America, aiming to develop economic precious and base metals properties [7]. - The company holds options to acquire 100% interests in the North Island Copper Property (1,168.09 hectares) in British Columbia and the La Union Project (2,520.2 hectares) in Sonora, Mexico, both subject to royalty obligations [7].
Nasus Pharma Announces Pricing of $15.0 Million Private Placement
Globenewswire· 2026-02-11 04:03
Core Viewpoint - Nasus Pharma Ltd. has announced a private placement of ordinary shares and warrants, aiming to raise approximately $15.0 million to support its clinical development efforts and other corporate purposes [1][5]. Group 1: Private Placement Details - The private placement involves the sale of 2,695,425 ordinary shares and accompanying warrants, priced at $5.565 per share and warrant [3]. - The warrants will have an exercise price of $6.53 per share, are immediately exercisable, and will expire two years from issuance or 30 trading days after the announcement of NS002 pivotal study results [4]. - Citizens Capital Markets is the lead placement agent, with Laidlaw & Company (UK) Ltd. as the co-placement agent [2]. Group 2: Use of Proceeds - The net proceeds from the private placement will be used to advance the pivotal clinical development of NS002 for anaphylaxis treatment, initiate first-in-human studies for other products, and for working capital and general corporate purposes [5]. Group 3: Company Overview - Nasus Pharma is a clinical-stage pharmaceutical company focused on developing innovative intranasal products, particularly NS002, which is designed as a needle-free alternative for anaphylaxis treatment [8]. - The company's proprietary powder-based intranasal technology aims for rapid and reliable drug delivery, leveraging the nasal cavity's vascular network for quick absorption [8].
Lucky Announces Corporate Update
Thenewswire· 2026-02-11 01:00
Core Viewpoint - Lucky Minerals Inc. has announced amendments to its Option Agreement, extending the deadlines for completing the transaction and clarifying terms related to the acquisition of mineral claims [1][2][3]. Group 1: Option Agreement Amendments - The Outside Date for completing the transaction has been extended from April 30, 2025, to June 30, 2025, and subsequently to August 31, 2025, and then to October 31, 2025 [1][2][3]. - The Option Agreement has been clarified through multiple amending agreements to ensure all parties understand their obligations [1][2][3]. Group 2: Mineral Claims Transfer - Fire Gold Resources Inc. transferred approximately 135 mineral claims to Patricia Lafontaine, with 46 claims allowed to lapse as they were not significant to the acquisition [4]. - As of April 28, 2025, Patricia Lafontaine is the sole holder of the transferred claims under the amended Option Agreement [4]. Group 3: Financial Obligations and Payments - The Company has made various cash payments under the Option Agreement, including $20,000 for work expenditures completed prior to June 30, 2025, and additional payments totaling $95,000 for various agreements and fees [5][6][7]. - The Company is required to issue a maximum of 7,500,000 shares at a floor price of $0.10, pay $750,000, and incur $4,000,000 in expenditures to complete the acquisition [8]. Group 4: Regulatory Approvals and Funding - The completion of the transactions is subject to receiving all required regulatory approvals [9]. - The Company is completing a private placement for aggregate gross proceeds of $1,080,000, with estimated allocations of $800,000 for working capital and debt reduction, and $200,000 for property-related expenses [9].
Carlyle Commodities Announces Increase and Final Closing of Current Funding Efforts for Aggregate Private Placement Proceeds of $4,250,000 in Connection with Proposed Transaction with Silver Pony Resources
TMX Newsfile· 2026-02-11 00:06
Core Viewpoint - Carlyle Commodities Corp. has successfully increased its non-brokered private placement to a total of $4,250,000, closing the third and final tranche, which is aimed at facilitating a business combination with Silver Pony Resources Corp. [1][2] Offering Terms - Carlyle issued 55,000,000 subscription receipts at a price of $0.01 each, raising an additional $550,000 in the third tranche [1] - Each subscription receipt will convert into one unit consisting of one common share and one-half of a common share purchase warrant upon satisfaction of the Escrow Release Condition [2] - The exercise price for the warrants is set at $0.015, with a post-consolidation price of $0.30, valid for 18 months [2] Financial Details - Carlyle paid a total cash commission of $184,500 and issued 20,240,000 Finder's Warrants under the private placement [3] - The company clarified previous misstatements regarding the amounts raised in earlier tranches, correcting the first tranche total to $2,655,000 [4] Escrow and Use of Proceeds - The net proceeds from the private placement will be held in escrow and are intended for exploration work on the Silver Pony Resources Trout Lake Projects and general working capital [5]
King Global Announces Closing Of First Tranche Of Unit Financing
Thenewswire· 2026-02-10 22:35
Toronto, Ontario – February 10, 2026 - TheNewswire – King Global Ventures Inc. (CSE:KING) (OTC: KGLDF) (FSE: 5LM1) (the “Company” or “King Global”) announces that that it has closed the first tranche of its previously disclosed non-brokered private placement (the “Financing”). The Company issued 4,401,142 units (“Units”) at $0.60 per unit for a total of $2,640,686.80. $87,499.80 of the total represented a non arms-length debt settlement by the Company of debt incurred for director’s fees. Pursuant to the ...
Silver North Announces Closing of Brokered LIFE Private Placement for Gross Proceeds of C$11.6 Million
Thenewswire· 2026-02-10 14:05
Core Viewpoint - Silver North Resources Ltd. has successfully closed a brokered private placement, raising gross proceeds of C$11,576,985, which includes the full exercise of the agent's option [1] Group 1: Offering Details - The Offering consisted of the sale of 4,982,461 units at C$0.40 per unit and 17,114,286 flow-through units at C$0.56 per unit [1] - Each unit includes one common share and one-half of a common share purchase warrant, while each flow-through unit includes one common share as a flow-through share and one-half of a warrant [2] Group 2: Agent and Fees - Red Cloud Securities Inc. acted as the sole agent and bookrunner for the Offering, receiving cash fees of C$810,388.92 and 1,546,772 non-transferable common share purchase warrants [3] Group 3: Use of Proceeds - The gross proceeds will be allocated for exploration and related programs on the Haldane and Veronica properties in Yukon Territory, as well as for working capital and general corporate purposes [4] - Proceeds from the sale of Charity FT Units will be used for eligible Canadian exploration expenses related to the Haldane and GDR projects, with all qualifying expenditures to be renounced in favor of the subscribers effective December 31, 2026 [5] Group 4: Securities Issuance - A total of 15,696,747 Offered Securities were issued to Canadian purchasers under the listed issuer financing exemption, with 6,400,000 Charity FT Units issued under non-LIFE exemptions, subject to a hold period ending on June 11, 2026 [6] Group 5: Company Overview - Silver North's primary assets include the 100% owned Haldane Silver Project, the Tim Silver Project under option to Coeur Mining, and the GDR (Veronica) project, with plans to acquire additional silver properties in favorable jurisdictions [10]
Metalite Announces Closing of Private Placement and Debt Settlement
TMX Newsfile· 2026-02-10 13:23
Core Viewpoint - Metalite Resources Inc. has successfully closed a non-brokered private placement, raising a total of $735,100 through the sale of 4,900,669 units, which will be used for working capital and general corporate purposes [1][3]. Group 1: Private Placement Details - Each unit was sold at a price of $0.15, consisting of one common share and one-half of a common share purchase warrant, with the warrant exercise price set at $0.25, expiring on February 9, 2028 [2]. - The company paid cash finder's fees totaling $12,960 and issued 86,400 broker warrants as part of the private placement [3]. - The private placement is subject to final acceptance by the Canadian Securities Exchange, and all securities issued are subject to a hold period of four months and one day from the date of issuance [7]. Group 2: Debt Settlement - Concurrently with the private placement, the company issued 2,352,277 common shares at a deemed price of $0.15 to settle $352,842 of indebtedness owed to senior management and other service providers [4]. - Following the completion of the private placement and debt settlement, the total number of common shares issued and outstanding is 10,356,459 [4]. Group 3: Shareholder Approval - The private placement and debt settlement required disinterested shareholder approval due to the issuance exceeding 100% of the currently issued shares, which was obtained through a consent resolution on January 27, 2026 [5]. - Certain insiders participated in the private placement, subscribing for 133,333 units for gross proceeds of $20,000, and were also issued 53,333 common shares as part of the debt settlement [6]. Group 4: Company Overview - Metalite Resources Inc. is a Canadian junior mineral exploration issuer focused on precious metals projects in New South Wales, Australia [8].
Oreterra Announces $6,000,000 Private Placement to Support First-Ever Drilling of the Trek South Porphyry Copper-Gold Prospect, Golden Triangle, BC
TMX Newsfile· 2026-02-10 12:30
Toronto, Ontario--(Newsfile Corp. - February 10, 2026) - Oreterra Metals Corp. (TSXV: OTMC) (OTCID: RMIOD) (FSE: D4R0) (WKN: A421RQ) ("Oreterra" or the "Company") (previously, Romios Gold Resources Inc.) is pleased to announce that it intends to complete a non-brokered private placement financing for aggregate gross proceeds of up to $6,000,000 through the issuance of a combination of hard-dollar units ("HD Units") of the Company at a price of $0.45 per HD Unit and flow-through units ("FT Units") at a pric ...
Cartier Silver Announces Closing of $3 Million Brokered Private Placement Led by Centurion One Capital
TMX Newsfile· 2026-02-09 23:21
Core Viewpoint - Cartier Silver Corporation has successfully completed a brokered private placement, raising $3,000,000 through the issuance of 10,000,000 common shares at a price of $0.30 per share, which will be used for exploration and drilling on the Los Chorrillos Project in Bolivia and for general working capital [1][2][3]. Group 1: Financial Details - The private placement resulted in gross proceeds of $3,000,000 from the issuance of 10,000,000 common shares at an issue price of $0.30 per share [1]. - The Agent, Centurion One Capital Corp., received a cash commission of $240,000 and 800,000 broker warrants, each allowing the purchase of a share at the issue price for 36 months [3]. - Insiders acquired a total of 1,300,000 shares in the offering, which is classified as a related party transaction under MI 61-101 [5]. Group 2: Project and Use of Proceeds - The net proceeds from the offering will be allocated to further exploration and drilling activities on the Los Chorrillos Project in Potosí, Bolivia, as well as for general working capital [2]. - The company aims to strengthen its balance sheet and advance the Los Chorrillos Project through continued exploration, resource expansion, and technical studies [3]. Group 3: Company Overview - Cartier Silver Corporation focuses on the exploration and development of silver property assets, including the Los Chorrillos Project and other claims in Bolivia, as well as significant iron ore resources in Quebec and a gold property in Newfoundland and Labrador [7].