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Lithium Chile Announces Upsized Life Offering of up to $6,500,000
Globenewswire· 2025-09-18 22:37
Core Viewpoint - Lithium Chile Inc. has announced an oversubscribed private placement offering due to strong market demand, increasing the offering size to up to 13,000,000 units at a price of $0.50 per unit, aiming for gross proceeds of up to $6,500,000 [1][6] Group 1: Offering Details - The offering consists 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 will be conducted under the listed issuer financing exemption, allowing sales in all Canadian provinces except Québec, with no hold period for the issued securities [3] - The agents are also permitted to sell the units in the U.S. 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, having advanced its Arizaro project through various technical assessments [8]
Noble Plains Increases Private Placement to $1,040,040
Newsfile· 2025-09-18 21:14
Group 1 - Noble Plains Uranium Corp. has increased the size of its non-brokered private placement to up to 11,556,000 units at a price of $0.09 per unit, aiming for gross proceeds of up to $1,040,040 due to strong investor demand [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 an additional share at $0.15 for two years [1] - The offering is still subject to final acceptance by the TSX Venture Exchange [2] Group 2 - Noble Plains Uranium Corp. focuses on uranium exploration and development in the U.S., utilizing In Situ Recovery (ISR) for efficient and environmentally responsible uranium extraction [4] - The company's strategy involves targeting historically drilled and underexplored assets in proven jurisdictions to delineate NI 43-101-compliant resources [4]
Silver Hammer Closes CDN$1,809,000 Fully Subscribed Non-Brokered Private Placement of Units
Newsfile· 2025-09-18 20:20
Core Viewpoint - Silver Hammer Mining Corp. has successfully closed the second tranche of its non-brokered private placement, raising a total of CDN$1.8 million, which will be used for exploration and general corporate purposes in a favorable silver market [1][2][6]. Financing Details - The second tranche involved the issuance of 26,864,491 units at CDN$0.055 per unit, generating gross proceeds of CDN$1,477,547.01, bringing the total units issued to 32,890,909 and total gross proceeds to CDN$1,809,000 [1][2]. - Each unit consists of one common share and one transferable common share purchase warrant, with each warrant allowing the purchase of an additional share at CDN$0.07 for five years [2]. Market Context - The silver market is currently robust, with prices approaching $43 per ounce, indicating potential for further upside in 2026 and beyond [2]. - The company is well-positioned with seven historical high-grade drill-ready silver mines in Idaho and Nevada, with no royalties or future payments required [2]. Project Overview - The Silverton Project in Nevada has identified 13 drill targets, with previous exploration indicating two mineralized systems: silver-rich and gold-rich, with silver grades ranging from 0.32 g/t to 692 g/t [7]. - The Silver Strand Project in Idaho plans to execute an eight-hole exploration drill program, with historical drilling showing high-grade silver and gold mineralization [9]. - The Eliza Project in Nevada has confirmed a silver-rich mineral system with elevated copper, lead, and zinc levels, and the company is fast-tracking a Plan of Operations for further exploration [11]. Related Party Transactions - Certain directors and officers purchased a total of 2,952,310 units in the second tranche, qualifying as a related party transaction, with exemptions from formal valuation and minority shareholder approval requirements [5].
Precore Gold Closes First Tranche of Private Placement
Globenewswire· 2025-09-18 20:01
Core Points - Precore Gold Corp. has completed the first tranche of a non-brokered private placement, raising gross proceeds of C$1,000,029.60 by selling 5,555,720 units at C$0.18 per unit [1][2] - Each unit consists of one common share and one-half of a common share purchase warrant, with warrants exercisable at C$0.25 for 36 months [1] - The company plans to use the net proceeds for exploration work and working capital [2] - The first tranche included cash finder's fees of C$36,399.99 and is subject to a four-month hold period expiring on January 19, 2026 [2] - The second tranche of the private placement is expected to be completed by October 3, 2025, potentially raising a total of approximately C$2,000,000 [3] - Certain directors and officers subscribed for 213,500 units, which is considered a related party transaction but is exempt from formal valuation and minority shareholder approval requirements [4] - Precore Gold is focused on building a portfolio of exploration projects with strong gold discovery potential in politically stable, mining-friendly jurisdictions [5]
Zacatecas Silver Increase Private Placement to $3.75 Million
Globenewswire· 2025-09-18 00:36
Core Points - Zacatecas Silver Corp. has increased its private placement financing from 41,666,666 units to 62,500,000 units at a price of $0.06 per unit, aiming for gross proceeds of up to $3,750,000 [1][3] Financing Details - Each unit consists of one common share and one common share purchase warrant, with each warrant exercisable at $0.10 per share for two years [2] - The company can accelerate the expiry date of the warrants if the volume weighted average price of the shares reaches or exceeds $0.20 for 20 consecutive trading days [2] - The proceeds will fund a drilling campaign on the Zacatecas Silver Project, strategic initiatives, and working capital [3] Project Overview - Zacatecas Silver Corp. has two key projects: the Esperanza Gold Project and the Zacatecas Silver Project [4] - The Esperanza Gold 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 [5] - 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 [6]
Lithium Chile Announces Life Offering of Up to $5,000,000
Globenewswire· 2025-09-17 21:37
Core Viewpoint - Lithium Chile Inc. has announced a private placement offering of up to 10,000,000 units at a price of $0.50 per unit, aiming to raise up to $5,000,000 in gross proceeds [1][6] Group 1: Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at $0.70 for five years [2] - The offering will be conducted under the listed issuer financing exemption, allowing sales in all Canadian provinces except Québec, and will not be subject to a hold period under Canadian securities laws [3] - The agents will also have the option to sell an additional 1,500,000 units for up to $750,000 in gross proceeds [1] Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to advance the company's mineral properties in Argentina and Chile, as well as for general administrative expenses and working capital [6] Group 3: Closing and Regulatory Approvals - The offering is expected to close around October 7, 2025, pending necessary regulatory approvals, including from the TSX Venture Exchange [7] Group 4: 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 [9] - The company has made significant progress on its Arizaro project, including the completion of a technical report and a prefeasibility study [9]
Decade Resources Closes Private Placement for Total Gross Proceeds of $255,000
Newsfile· 2025-09-17 20:31
Group 1 - Decade Resources Ltd. has successfully closed a private placement, raising total gross proceeds of $255,000 [1][2] - A total of 8,500,000 units were issued at a price of 3 cents per unit, with each unit consisting of one common share and one transferable common share purchase warrant [2] - The warrants are exercisable for the purchase of one additional common share at a price of $0.05 per share for a period of 5 years [2] Group 2 - The majority of the proceeds from the private placement will be allocated for general working capital purposes, with more than 10% potentially directed towards exploration on BC Properties [3] - None of the proceeds will be used for payments to non-arm's-length parties, except for normal compensation of officers, directors, employees, and consultants [3] Group 3 - All issued securities are subject to a statutory hold period of four months, expiring on January 17, 2026 [4] - The company paid a cash finder's fee of $20,400 and issued 680,000 warrants with a 2-year term at $0.05 to a finder for introducing subscribers to the private placement [4]
Kayne Anderson Energy Infrastructure Fund Prices Private Placement of $100 Million of Notes
Globenewswire· 2025-09-17 20:20
HOUSTON, Sept. 17, 2025 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) announced today that it reached an agreement with institutional investors relating to a private placement of $100 million of senior unsecured notes (“Notes”). The private placement is expected to close on or about October 15, 2025. Net proceeds will be used to refinance existing leverage and for general corporate purposes. The table below sets forth the key terms of the Notes to be issued. ...
Scryb Announces Non-Brokered Private Placement
Newsfile· 2025-09-17 20:05
Toronto, Ontario--(Newsfile Corp. - September 17, 2025) - Scryb Inc. (CSE: SCYB) ("Scryb'' or the "Company"), is pleased to announce its intention to complete a non-brokered private placement (the "Offering") of up to 6,000,000 units of the Company (each, a "Unit") at a price of $0.10 per Unit, for gross proceeds of up to $600,000Each Unit will consist of one common share (a "Common Share") and one half of one common share purchase warrant (each a full warrant a "Warrant"). Each Warrant entitles the holder ...
IMPACT Silver Announces Closing of C$16.0 Million Bought Deal LIFE Private Placement
Newsfile· 2025-09-17 14:45
Core Viewpoint - IMPACT Silver Corp. has successfully closed a bought deal private placement, raising gross proceeds of C$16,000,000.56, which includes the full exercise of the underwriters' over-allotment option [2][3]. Group 1: Offering Details - The company sold 44,444,446 units at a price of C$0.36 per unit, with each unit consisting of one common share and one common share purchase warrant [2][3]. - Each warrant allows the holder to purchase one common share at a price of C$0.45 until September 17, 2027 [3]. - The underwriters, Red Cloud Securities Inc. and Research Capital Corporation, received cash fees totaling C$1,040,000.04 and 2,888,888 non-transferable common share purchase warrants [5]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for advancing underground development and infrastructure at the high-grade Guadalupe mine, increasing processing plant throughput, and expanding mining operations at the Plomosas zinc-silver-lead mine [6]. Group 3: Regulatory Compliance - The units were issued to Canadian purchasers under the listed issuer financing exemption and are freely tradeable under applicable Canadian securities legislation [4]. - The offering was also made in offshore jurisdictions and the United States on a private placement basis, adhering to exemptions from the registration requirements of the U.S. Securities Act [4][8]. Group 4: Company Overview - IMPACT Silver Corp. is a producer-explorer with two mining projects in Mexico, including the Zacualpan project and the Plomosas mine, which have shown significant production and exploration potential [9][13].