Private Placement

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Rocky Shore Gold Closes Second Tranche of Non-Brokered Private Placement
Globenewswire· 2025-09-25 20:30
TORONTO, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Rocky Shore Gold Ltd. (“Rocky Shore” or the “Company”) (CSE: RSG) is pleased to announce that it has closed the second tranche (the “Second Tranche”) of the non-brokered private placement (the “Offering”) previously announced on August 11, 2025. Under the Second Tranche, the Company raised aggregate gross proceeds of $1,299,000 and issued (i) 17,980,000 units (“Units”), at an issue price of C$0.05 per Unit, with each Unit comprised of one common share of the Compa ...
Oroco Announces Private Placement
Globenewswire· 2025-09-25 19:49
Core Points - Oroco Resource Corp. announced a non-brokered private placement of up to 18,000,000 units at a price of US$0.20 per unit, aiming for gross proceeds of up to US$3,600,000 [1][3] - Each unit consists of one common share and one half common share purchase warrant, with the whole warrant allowing the purchase of one common share at US$0.30 within 24 months [2] - Faysal Rodriguez, a new board member, will participate in the offering by purchasing 5,000,000 units for US$1,000,000 [3] - Proceeds from the offering will be used for the advancement of the Santo Tomás Project in Mexico, as well as for working capital and general corporate purposes [3] - The offering is subject to regulatory approvals, and the securities will have a hold period of four months plus one day post-issue [4] Company Overview - Oroco holds an 85.5% interest in the Core Concessions of the Santo Tomás Project, covering 1,173 hectares, and an 80% interest in an additional 7,861 hectares, totaling 9,034 hectares [6] - The Santo Tomás Project is located in northwestern Mexico and has significant copper porphyry mineralization, with prior exploration conducted from 1968 to 1994 [6] - A drill program initiated in 2021 resulted in 48,481 meters drilled across 76 diamond drill holes [6][7] - The project is strategically located 170 km from the Pacific deep-water port at Topolobampo, with access via highway and rail [8]
Kirkland Lake Discoveries Corp. Announces Upsizing of Private Placement to $10M
Newsfile· 2025-09-25 19:36
Toronto, Ontario--(Newsfile Corp. - September 25, 2025) - Kirkland Lake Discoveries Inc. (TSXV: KLDC) (the "Company") is pleased to announce that further to its press release dated September 22, 2025, the Company has upsized its previously announced non-brokered private placement (the "Offering") due to strong investor demand. The Offering will now consist of the issuance of (i) flow-through shares ("FT Shares") at a price of $0.30 per FT Share; and (ii) units (each, a "Unit") at a price of $0.25 per Unit, ...
Lithium Ionic Announces Upsize of Non-Brokered Private Placement to $15 Million
Globenewswire· 2025-09-25 16:09
Core Viewpoint - Lithium Ionic Corp. has announced an upsized non-brokered private placement due to strong investor demand, aiming to raise up to $15 million through the issuance of units priced at $0.70 each [2][4]. Group 1: Offering Details - The upsized offering will consist of up to 21,428,571 units, each comprising one common share and one warrant [2][3]. - Each warrant allows the holder to purchase one common share at an exercise price of $0.90 for a period of 24 months following the offering's completion [3]. - The first tranche of the offering is expected to close around September 29, 2025, pending necessary approvals [4]. Group 2: Use of Proceeds - The net proceeds from the upsized offering will be allocated for exploration and development of the company's Brazilian properties, as well as for general corporate purposes [4]. Group 3: Company Overview - Lithium Ionic Corp. is a Canadian mining company focused on exploring and developing lithium properties in Brazil, particularly the Itinga and Salinas projects, which cover 14,668 hectares in a promising mining region [6]. - The Itinga Project is located near established lithium operations, including CBL's Cachoeira lithium mine and Sigma Lithium Corp.'s Grota do Cirilo project, which is noted for hosting the largest hard-rock lithium deposit in the Americas [6].
Compass Gold Closes $700,000 Private Placement
Newsfile· 2025-09-25 11:15
Compass Gold Closes $700,000 Private PlacementInvestor Demand Increases Previously Announced Proceeds by $100,000September 25, 2025 7:15 AM EDT | Source: Compass Gold CorporationToronto, Ontario--(Newsfile Corp. - September 25, 2025) - Compass Gold Corporation (TSXV: CVB) ("Compass" or the "Company") announced today that it has issued, on a non-brokered private placement basis, 4,666,667 units of the Company ("Units"), at a price of $0.15 per Unit, for aggregate gross proceeds of $700,000 (the ...
Lithium Chile Announces Upsized Life Offering of Up to $7,000,000
Globenewswire· 2025-09-24 23:11
Core Viewpoint - Lithium Chile Inc. has announced an oversubscribed private placement offering due to strong market demand, increasing the offering size to up to 14,000,000 units at a price of $0.50 per unit, aiming for gross proceeds of up to $7,000,000 [1][6] Group 1: Offering Details - The offering will consist of units, each comprising one common share and one common share purchase warrant, with warrants allowing the purchase of additional shares at $0.70 for five years [2] - The offering is conducted under the listed issuer financing exemption, applicable in all Canadian provinces except Québec, and the securities will not be subject to a hold period under Canadian securities laws [3] - The agents are also permitted to offer the units in the United States under available exemptions from registration requirements [4] Group 2: Use of Proceeds - Net proceeds from the offering will be allocated to advancing the company's mineral properties in Argentina and Chile, as well as for general administrative expenses and working capital [6] Group 3: Company Overview - Lithium Chile Inc. is an exploration company with a portfolio of 11 properties covering 107,936 hectares in Chile and 29,245 hectares in Argentina [8] - The company has made significant progress on its Arizaro project, completing a technical report, a Preliminary Economic Assessment, and a Prefeasibility Study [9]
Pelangio Exploration Increases Size of Previously Announced Private Placement up to $4,500,000
Newsfile· 2025-09-24 15:29
Pelangio Exploration Increases Size of Previously Announced Private Placement up to $4,500,000September 24, 2025 11:29 AM EDT | Source: Pelangio Exploration Inc.Toronto, Ontario--(Newsfile Corp. - September 24, 2025) - Pelangio Exploration Inc. (TSXV: PX) (OTC Pink: PGXPF) ("Pelangio" or the "Company") is pleased to announce that, due to additional demand, it has increased the size of its previously announced non-brokered private placement from gross proceeds of up to $4,000,000 to gross proce ...
Hayasa Announces Closing of $2M Private Placement LIFE Offering of Units
Newsfile· 2025-09-24 10:30
Core Points - Hayasa Metals Inc. has successfully closed a $2 million private placement, issuing a total of 11,165,282 units at a price of $0.17 per unit, resulting in gross proceeds of $1,898,098 [1][2] - Each unit consists of one common share and one-half of a common share purchase warrant, with the whole warrant allowing the purchase of an additional common share at $0.22 per share [2] - Teck Resources Limited has acquired 934,500 units to maintain a 9.9% ownership stake on a partially diluted basis [2] Use of Proceeds - The net proceeds from the private placement will be utilized for ongoing exploration at the Urasar project in Armenia, acquiring additional property, and general working capital [3] - The company plans to conduct a 2,000-meter drill program at Urasar in 2026 and is considering a pipeline of projects for acquisition [3] Management Commentary - Joel Sutherland, CEO of Hayasa, expressed satisfaction with Teck's continued support and optimism regarding the company's first mover advantage in Armenia [4] Regulatory and Financial Details - The units were issued under the listed issuer financing exemption, and the securities are not subject to resale restrictions for Canadian residents [4] - The company paid $48,420 in finders' fees, which is 5% of the proceeds raised, to various entities involved in the placement [6] - Two officers of the company participated in the private placement, purchasing 588,400 units for a total of $100,028 [7] Shareholder Changes - Dennis Moore acquired 294,200 units at $0.17 per unit, increasing his total ownership to approximately 11.56% of the company's outstanding shares on an undiluted basis, a decrease from 13.31% [10] - If all warrants and stock options are exercised, Moore's ownership could rise to approximately 13.09% on a partially diluted basis [11] Company Overview - Hayasa Metals Inc. is focused on advancing copper and gold projects in Armenia's Tethyan Mineral belt, controlling both the Urasar and Vardenis projects [14]
Zacatecas Silver Closes First Tranche of Private Placement
Globenewswire· 2025-09-24 02:18
Core Points - Zacatecas Silver Corp. has closed the first tranche of its private placement financing, issuing 38,449,335 units at $0.06 per unit, resulting in gross proceeds of $2,306,960 [1] - The company plans to complete the final tranche by September 29, 2025 [1] Financing Details - Each unit consists of one common share and one common share purchase warrant, with warrants exercisable at $0.10 per share for two years [2] - The company can accelerate the expiry date of the warrants if the share price reaches $0.20 for 20 consecutive trading days [2] - Finders fees of $113,297.19 were paid, and 1,888,286 non-transferable finders share purchase warrants were issued [3] Use of Proceeds - Proceeds from the offering will fund a drilling campaign on the Zacatecas Silver Project, strategic initiatives, and working capital [4] Related Party Transaction - A holding corporation of the CEO subscribed for 500,000 units for $30,000, which is considered a related party transaction [5] Company Overview - Zacatecas Silver Corp. has two key projects: the Esperanza Gold Project and the Zacatecas Silver Project, both located in Mexico [6] - The Esperanza project has a measured and indicated mineral resource estimate of 30.5 million tonnes at 0.97 g/t AuEq for 956 thousand ounces AuEq [7] - The Zacatecas Silver Project is located in the Fresnillo silver belt, with a mineral resource estimate of 2.7 million tonnes at 187 g/t AgEq, totaling 16.4 million ounces AgEq [8]
Zacatecas Silver Closes First Tranche of Private Placement
Globenewswire· 2025-09-24 02:18
Core Points - Zacatecas Silver Corp. has closed the first tranche of its private placement financing, issuing 38,449,335 units at $0.06 per unit, resulting in gross proceeds of $2,306,960 [1] - The company plans to complete the final tranche by September 29, 2025 [1] Financing Details - Each unit consists of one common share and one common share purchase warrant, with warrants exercisable at $0.10 per share for two years [2] - The company can accelerate the expiry date of the warrants if the share price exceeds $0.20 for 20 consecutive trading days [2] - Finders fees of $113,297.19 were paid, and 1,888,286 non-transferable finders share purchase warrants were issued [3] Use of Proceeds - Proceeds from the offering will fund a drilling campaign on the Zacatecas Silver Project, strategic initiatives, and working capital [4] Related Party Transaction - A holding corporation of the CEO subscribed for 500,000 units for $30,000, which is considered a related party transaction [5] Company Overview - Zacatecas Silver Corp. has two key projects: the Esperanza Gold Project and the Zacatecas Silver Project, both located in Mexico [6] - The Esperanza project has a measured and indicated mineral resource estimate of 30.5 million tonnes at 0.97 g/t AuEq, totaling 956 thousand ounces AuEq [7] - The Zacatecas Silver Project is located in the Fresnillo silver belt, with a mineral resource estimate of 2.7 million tonnes at 187 g/t AgEq, totaling 16.4 million ounces AgEq [8]