Workflow
Private Placement
icon
Search documents
IDEX Biometrics ASA – Contemplated Fully Underwritten Private Placement - 21 July 2025
Globenewswire· 2025-07-21 05:30
Core Viewpoint - IDEX Biometrics ASA is conducting a private placement of 9,090,909 new shares to raise gross proceeds of NOK 30 million, with a subscription price of NOK 3.30 per share [1][3]. Group 1: Private Placement Details - The application period for the private placement starts on 21 July 2025 and is expected to close the same day [4]. - The final number of offer shares will be determined at the end of the application period, with allocation based on various criteria [5]. - The private placement consists of two tranches: Tranche 1 will include up to 4,731,594 shares, while Tranche 2 will include the remaining shares needed to reach NOK 30 million [6]. Group 2: Underwriting and Fees - Underwriters have agreed to allocate shares not applied for during the application period, with a total underwriting commitment of up to NOK 30 million [2]. - An underwriting fee of 5% will be paid to each underwriter in the form of new shares, totaling 454,542 shares [2]. Group 3: Use of Proceeds - The net proceeds from the private placement will support the company's commercialization efforts and general corporate purposes [3]. Group 4: Subsequent Offering - A subsequent offering may be considered for existing shareholders who did not participate in the private placement, subject to certain conditions [12]. Group 5: Company Overview - IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [13].
US Copper Corp Announces Upsize of Non-Brokered Private Placement
Newsfile· 2025-07-18 21:00
Group 1 - US Copper Corp has increased the size of its non-brokered private placement to aggregate gross proceeds of up to $1,250,000, consisting of up to 12,500,000 units priced at $0.10 per unit [1] - Each unit includes one common share and one warrant, with each warrant allowing the purchase of one common share for $0.15 within 2 years after closing [1] - The completion of the Offering is subject to regulatory and TSX Venture Exchange approvals [1][2] Group 2 - The proceeds from the Offering will be used for general working capital purposes [2]
Prismo Metals Announces Closing of Upsized Private Placement Silver King Exploration to Begin in July
Thenewswire· 2025-07-18 20:28
Core Viewpoint - Prismo Metals Inc. has successfully upsized and closed a non-brokered private placement, increasing the number of units issued due to strong investor demand, which reflects interest in its silver projects in Arizona [1][4]. Group 1: Private Placement Details - The private placement was increased from 5,000,000 units to 11,500,000 units, resulting in gross proceeds of $575,000 at an issue price of $0.05 per unit [1]. - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one share at an exercise price of $0.10 for 24 months [2]. - A second closing of the private placement is planned, with up to 2 million additional units to be issued for gross proceeds of up to $100,000 [3]. Group 2: Use of Proceeds - Proceeds from the private placement will be used for exploration activities at the Silver King and Ripsey silver mines in Arizona, as well as for general corporate purposes [4]. - The company has also issued 150,724 shares to settle outstanding indebtedness of $7,536.20 [4]. Group 3: Exploration Plans - The CEO highlighted the strong investor interest in the company's silver projects, particularly the Silver King and Ripsey mines, and outlined a comprehensive exploration plan [4]. - A phase one drill program of a minimum of 1,000 meters is planned for the Silver King mine, which will test the mineralized body at various elevations [4]. - Detailed mapping and sampling programs are set to begin at both projects, with the potential for de-watering the Silver King shaft to access upper levels [4]. Group 4: Historical Context - The Silver King mine has a historical production of nearly 6 million ounces of silver at high grades, with some samples returning grades as high as 644 oz/t silver [9]. - The Ripsey mine has historical grades of up to 15.85 g/t gold and 276 g/t silver, but no modern exploration has been conducted [10]. - The strategic location of the Silver King mine, near the Resolution Copper project, offers potential upside for the company [11].
Uniserve Announces Closing of 6,000,000 Unit Private Placement at $0.30 per Unit
Thenewswire· 2025-07-18 15:25
Core Points - Uniserve Communications Corporation has successfully closed a non-brokered private placement, raising gross proceeds of $1,800,000 by issuing 6,000,000 units at a price of $0.30 per unit [1] - Each unit consists of one common share and one-half of a transferable share purchase warrant, with the whole warrant allowing the purchase of an additional common share at $0.40 for one year [1] - The securities issued will be subject to a hold period expiring on November 19, 2025, in accordance with applicable securities laws [2] Insider Participation - Notable insider purchases include Michael C. Scholz acquiring 1,500,000 units, Kwin Grauer purchasing 100,000 units, and other directors and the CFO also participating in the offering [3] - The insider transactions are classified as "related party transactions" under Multilateral Instrument 61-101, with exemptions from formal valuation and minority approval requirements [3] Company Overview - Uniserve provides IT solutions and services across Canada, focusing on Data Centre Solutions, Managed IT Services, and Business Internet [4] - The company operates offices in Vancouver, Calgary, and Waterloo, emphasizing secure, reliable, and customized IT solutions [4]
Sable Closes C$1.75 Million Private Placement with Moxico Resources
Globenewswire· 2025-07-18 14:30
Core Viewpoint - Sable Resources Ltd. has successfully closed a non-brokered private placement with Moxico Resources plc, raising gross proceeds of C$1,749,000 through the issuance of 31,800,000 common shares at a price of C$0.055 per share [1][2][3] Group 1: Private Placement Details - Moxico now owns 31,800,000 shares, representing approximately 9.9% of Sable's issued and outstanding shares [2] - The proceeds from the private placement will be allocated for exploration, general corporate, and working capital purposes [3] - The shares issued are subject to a four-month hold period and require final approval from the TSX Venture Exchange, which has conditionally approved the listing of these shares [3] Group 2: Company Background - Sable Resources Ltd. is a junior grassroots explorer focused on discovering Tier-One precious metal and copper projects in established mining jurisdictions [6] - The company is actively exploring several projects in Argentina and British Columbia, including the San Juan Regional Program and various properties [6] Group 3: Relationship with Moxico - Moxico has been granted customary participation and anti-dilution rights, allowing it to maintain its equity interest in Sable as long as it meets a minimum ownership threshold [2] - Moxico has an exclusive option to acquire 51% of Sable's El Fierro Project and Cerro-Negro Property, subject to specific exploration and expenditure terms [4]
American Tungsten Corp. Announces Upsize in Private Placement from $2.5 Million to $7.0 Million
GlobeNewswire News Room· 2025-07-17 22:30
Group 1 - American Tungsten Corp. is increasing its non-brokered private placement of common shares from 5,000,000 to a maximum of 14,000,000 shares at a price of $0.50 per share, aiming for aggregate gross proceeds of up to $7.0 million [1][4] - The CEO of American Tungsten Corp. highlighted the growing support for the IMA Project, which is a high-grade tungsten asset with the potential to be the first new tungsten producer in North America, marking a significant milestone towards commercial production [2] - The company will pay finders' fees of up to 7.0% of the gross proceeds raised and issue non-transferable finders' warrants to eligible finders [3] Group 2 - The net proceeds from the offering will be used for exploration work programs, option payments, mineral property acquisitions, marketing, and general working capital [4] - American Tungsten Corp. is focused on high-potential tungsten and magnetite projects in North America, including the Ima Mine Project in Idaho and the Star Project in British Columbia [6]
American Tungsten Corp. Announces Upsize in Private Placement from $2.5 Million to $7.0 Million
Globenewswire· 2025-07-17 22:30
Core Viewpoint - American Tungsten Corp. is increasing its non-brokered private placement of common shares from 5 million to a maximum of 14 million shares at a price of $0.50 per share, aiming to raise up to $7 million in gross proceeds, indicating strong support for its IMA Project, a high-grade tungsten asset [1][2]. Group 1: Offering Details - The maximum amount to be raised in the private placement has been increased to 14 million shares at $0.50 per share, totaling up to $7 million in gross proceeds [1]. - The company will pay finders' fees of up to 7% of the gross proceeds and issue non-transferable finders' warrants equal to 7% of the shares sold [3]. - The net proceeds from the offering will be used for exploration work programs, option payments, mineral property acquisitions, marketing, and general working capital [4]. Group 2: Company Overview - American Tungsten Corp. is focused on high-potential tungsten and magnetite projects in North America, particularly advancing the IMA Mine Project in Idaho, which has historical significance as an underground tungsten producer [6]. - The company holds an option to acquire full ownership of the IMA Mine Project, subject to a 2% royalty, and has expanded its land position with 113 additional federal claims covering nearly 2,000 acres [6].
Honey Badger Silver Announces Closing of Second Tranche of Previously Announced Private Placement and an Incremental Financing
Newsfile· 2025-07-17 19:43
Core Viewpoint - Honey Badger Silver Inc. has successfully closed the second tranche of its non-brokered private placement, raising gross proceeds of $465,000 through the issuance of 4,650,000 units at a price of $0.10 per unit [1][4]. Financing Details - Each unit consists of one common share and one half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at an exercise price of $0.15 until January 16, 2027 [2]. - The company plans to conduct an additional non-brokered private placement offering of up to 5,327,273 additional units at a price of $0.11 per unit, potentially raising up to $586,000 [3]. - The additional financing is expected to close around July 23, 2025, pending necessary regulatory approvals [4]. Use of Proceeds - The net proceeds from both the second tranche and the additional financing will be used to advance the company's properties, purchase silver royalties, and cover general administrative expenses [4]. Finder's Fees and Warrants - In connection with the second tranche, the company paid cash finder's fees of $13,300 and issued 133,000 non-transferable finder's warrants, each exercisable at C$0.15 until January 16, 2027 [5]. - For the first tranche, the company issued 7,692,353 common shares as flow-through shares at $0.13 per share and 9,860,000 units at $0.10 per unit, raising approximately $1.986 million [6]. Regulatory Compliance - The securities issued in the second tranche and those to be issued in the additional financing are subject to a four-month hold period under Canadian securities laws [7]. - The offering is contingent upon final approval from the TSX Venture Exchange [9]. Insider Participation - Certain insiders are expected to participate in the additional financing, which may be classified as a "related party transaction" under Multilateral Instrument 61-101 [10]. Options Granted - The company granted 4,000,000 options to acquire common shares to certain officers, employees, and consultants, with an exercise price of $0.12 per share and a five-year term [11]. Company Overview - Honey Badger Silver is a silver-focused company with projects in historically significant mining areas, including the Sunrise Lake project and the Clear Lake project, which have substantial historical resource estimates [13][14].
Amex Exploration Announces up to C$30 Million Private Placement, Led by Strategic Investment by Eldorado Gold
Newsfile· 2025-07-17 11:00
Core Viewpoint - Amex Exploration Inc. announces a non-brokered private placement of up to C$30 million, led by a strategic investment from Eldorado Gold Corporation, aimed at funding exploration activities at the Perron Gold Project [1][3][4]. Group 1: Private Placement Details - The private placement includes the issuance of 11,000,000 charity flow-through common shares at a price of C$2.27 per share, generating gross proceeds of up to C$24,970,000 [1]. - Additionally, the company may issue up to 3,125,000 hard dollar common shares at a price of C$1.60 per share, for gross proceeds of up to C$5,000,000 [2]. Group 2: Strategic Investment by Eldorado Gold - Eldorado Gold intends to purchase 11,000,000 common shares at a price of C$1.60 per share, resulting in gross proceeds of C$17,600,000, which will give Eldorado approximately 17% ownership of Amex's issued and outstanding shares [3]. Group 3: Use of Proceeds - The net proceeds from the offering will be utilized to fund exploration at the Perron Gold Project, focusing on new target definition and drilling [4]. - The gross proceeds will be allocated to eligible Canadian exploration expenses related to the Perron Gold Project, with a commitment to incur these expenses by December 31, 2026 [5]. Group 4: Offering Timeline and Conditions - The closing of the offering is expected on or before August 7, 2025, subject to certain conditions including acceptance by the TSX Venture Exchange [6]. Group 5: Company Overview - Amex Exploration Inc. has made significant high-grade gold discoveries at its 100%-owned Perron Gold Project, which spans 117 contiguous claims over 45.18 km² [10]. - The Perron Gold Project is located in a geologically favorable area for both high-grade gold and copper-rich volcanogenic massive sulphide (VMS) mineralization [11].
Southern Silver Announces Upsize of Bought Deal LIFE Private Placement for Gross Proceeds of C$13.0 Million
Newsfile· 2025-07-16 17:05
Core Viewpoint - Southern Silver Exploration Corp. has increased its previously announced "bought deal" private placement from approximately C$8 million to C$13 million due to strong investor demand [1] Group 1: Offering Details - The upsized offering will consist of 48,148,149 units priced at C$0.27 per unit, each unit comprising one common share and one-half of a common share purchase warrant [1][2] - Each whole warrant allows the holder to purchase one common share at a price of C$0.40 within 36 months after the closing date [2] - An over-allotment option allows Red Cloud to purchase an additional 7,407,408 units for gross proceeds of up to approximately C$2 million [3] Group 2: Use of Proceeds - The net proceeds from the offering will be used for advancing the Cerro Las Minitas project in Durango, Mexico, as well as for working capital and general corporate purposes [4] Group 3: Regulatory Compliance - The offering will comply with National Instrument 45-106 and will be available to purchasers in specific Canadian provinces and potentially in offshore jurisdictions [5] - The common shares and warrant shares are expected to be freely tradable under applicable Canadian securities legislation [5] Group 4: Company Overview - Southern Silver Exploration Corp. focuses on discovering world-class mineral deposits, particularly through its Cerro Las Minitas silver-lead-zinc project in Mexico [10] - The company also holds other properties, including the Nazas property and projects in New Mexico [10]