Core Viewpoint - Norsemont Mining Inc. is initiating a CAD$10 million non-brokered private placement of unsecured convertible debenture units to support its operations and project advancements [1][5][6] Financing Details - The offering consists of convertible debenture units priced at US$1,000 each, convertible into common shares at CAD$0.86 per share, along with 802 transferable common share purchase warrants priced at CAD$1.00 per share [1] - The convertible debentures will bear an interest rate of 5.25% per annum and have a maturity date of three years from the closing date [1] - The financing is expected to close on December 17, 2025, pending the standard notice period required by the Canadian Securities Exchange [2] Conversion and Acceleration Rights - If the common shares exceed CAD$3.00 for 10 consecutive trading days, the company may issue a notice for automatic conversion of the convertible debentures into common shares [3] - If the common shares close at CAD$1.75 or greater for 10 consecutive trading days, the company may accelerate the expiry of the warrants [4] Use of Proceeds - Proceeds from the offering are intended for general working capital and to advance the Choquelimpie Gold-Silver-Copper project [5] Company Overview - Norsemont Mining holds a 100% interest in the Choquelimpie project, which has an indicated mineral resource estimate of 1,731,000 gold ounces and 33,233,000 silver ounces [9] - The project is located in northern Chile and has significant existing infrastructure, including a 3,000-tonne-per-day mill [9]

Core Points - Evergold Corp. has closed a non-brokered private placement of an unsecured convertible debenture for gross proceeds of $350,000 [1] - The convertible debenture has an interest rate of 7.5% per annum and matures on November 6, 2027 [1] - The principal amount can be converted into up to 1,521,739 common shares at a conversion price of $0.23 per share [1] - Investors will receive 3,000 detachable common share purchase warrants for each $1,000 of principal, totaling 1,050,000 warrants [1] - C.J. Greig Holdings Ltd., a related party, acquired the entire $350,000 principal amount of the convertible debenture [3] - The issuance of securities is exempt from formal valuation and minority shareholder approval requirements under MI 61-101 [3] - Evergold Corp. is a mineral exploration company with a successful track record, including the establishment of GT Gold Corp. and a significant discovery sold to Newmont for $456 million [4] Drilling Update - Drilling has commenced on a core hole below promising intersections of precious and critical metals at the DEM Mountain Zone [2] - The drilling is expected to take one week to ten days [2]

Core Points - Reklaim Ltd. has completed a non-brokered private placement of convertible debenture units totaling $500,000 to accredited investors to support the growth of its privacy protection platform, Reklaim Protect [1][2] Group 1: Financing Details - The proceeds from the offering will primarily be used for the expansion of Reklaim Protect, which allows consumers to monitor, remove, and safeguard their personal data online [2] - Each Debenture Unit consists of one senior secured convertible debenture and warrants equal to 50% of the common shares issuable upon conversion of the principal of the debenture [3] - The debentures accrue interest at a rate of 12.0% per annum, maturing 36 months from the closing date, and are convertible into shares at C$0.105 per share [7] Group 2: Terms and Conditions - The company retains the right to repay the debentures early, with specific conditions regarding the expiration of warrants upon early repayment [4] - A total of 2,380,952 warrants were issued under the offering, with an exercise price of C$0.14 for 36 months from issuance [3][4] - The offering is subject to final approval by the TSX Venture Exchange, and all securities issued are subject to a four-month hold period [5] Group 3: Company Overview - Reklaim provides compliant, consumer-permissioned data to Fortune 500 brands, enabling individuals to control their personal information [6] - The platform allows users to verify their identity and discover data collected and sold without their consent, offering tools to monetize or safeguard their data [6]

ETHZilla raised $350M via a new convertible debenture at 2% interest, bringing its total convertible debt to about $500M. The company holds over 102K ETH (~$462M) and $559M in cash, focusing on deploying ETH into Layer 2 protocols and tokenizing real-world assets. https://t.co/2khy2aKGSi ...

Core Viewpoint - Kinross Gold Corporation has amended its share purchase agreement with Asante Gold Corporation, which includes a cash payment of US$55 million and the acquisition of shares and a convertible debenture, potentially increasing Kinross's ownership in Asante to a maximum of 18% on a partially diluted basis [1][2][3]. Group 1: Transaction Details - The transaction involves Kinross acquiring 36,927,650 common shares of Asante at a price of C$1.45 per share and a convertible debenture convertible into shares at a price of C$1.81 per share for a period of five years [8]. - Kinross currently holds approximately 6.0% of Asante's issued shares on a non-diluted basis and 6.9% on a partially diluted basis, which will increase to approximately 9.5% on a non-diluted basis and up to 18% on a partially diluted basis post-transaction [3][4]. - If the transaction were to close immediately, Kinross would own approximately 17.3% of Asante's outstanding shares on a partially diluted basis [4]. Group 2: Regulatory and Advisory Information - Kinross has acquired beneficial ownership of more than 10% of Asante's outstanding shares, necessitating the issuance of a press release and an early warning report as per Canadian securities laws [5]. - INFOR Financial Inc. acted as the financial advisor and Osler, Hoskin & Harcourt LLP served as the legal advisor to Kinross regarding the purchase agreement and related negotiations [9]. Group 3: Company Overview - Kinross Gold Corporation is a Canadian-based global senior gold mining company with operations in the United States, Brazil, Mauritania, Chile, and Canada, focusing on responsible mining and operational excellence [10].

Core Viewpoint - Planet Ventures Inc. has increased its convertible debenture financing from CAD $5,000,000 to CAD $6,000,000, indicating strong confidence in its business model focused on Bitcoin acquisition [1][2]. Financing Details - The financing will be fully subscribed by the CEO, Etienne Moshevich, and a strategic investor, reflecting their commitment to the company's vision [2]. - The Debentures will have a 12% annual interest rate and a 24-month term, with a conversion price of $0.50 per share [2]. - The loan will be secured against the company's assets and is subject to customary closing conditions and regulatory approvals, expected to close by August 15 [3]. Insider Participation - Certain insiders may participate in the offering, which will be classified as a related party transaction under Multilateral Instrument 61-101 [4]. - The company plans to rely on exemptions from formal valuation and minority shareholder approval requirements, as the transaction will not exceed 25% of the company's market capitalization [4]. Current Holdings - As of the announcement, Planet Ventures holds 28.8 Bitcoin on its balance sheet, positioning itself strategically in the Bitcoin market [3].

Financing Update - Prospera Energy has secured commitments for $3 million, primarily from company insiders, through a convertible debenture and existing financing instruments [1] - The funding is designated for a recently initiated capital program and will be released in multiple tranches, reflecting strong internal alignment and confidence in the strategic business plan [1] - This capital injection is expected to accelerate operational plans and support production growth throughout the summer [1] Operational Update - Service rig activity has commenced at Cuthbert, focusing on five well workovers, including a high-impact horizontal well remediation, and multiple water injector cleanouts [2] - At Luseland, a five-well reactivation program is planned, with equipment ordered and preparations underway for building five single well batteries [2] Polymer Flood Pilot Site - The polymer flood pilot site has been finalized following reservoir analysis and compatibility assessments, with lab and core analysis currently in progress [3] - This initiative is being advanced in collaboration with leading polymer partners [3] Q1 2025 Financials - In Q1 2025, Prospera deployed $2.3 million towards reactivation-focused capital for twenty-seven wells, resulting in an additional production capability of 249 boe/d at an average capital efficiency of $9,317/boe [5] - The full benefits of the Q1 capital program are expected to be realized in Q2 2025 [5] - Prospera reported average net sales of 660 boe/d in Q1 2025, a 3% increase from Q1 2024 and a 6% increase from Q4 2024 [16] - Sales revenue for Q1 2025 was $4,598,472, representing a 17% increase from $3,932,190 in Q1 2024 [16] - Operating costs per boe increased by 54% in Q1 2025 to $59.46, attributed to unplanned outages and infrastructure upgrades [16] Strategic Initiatives - Prospera secured an additional $3.3 million in term debt funding to enhance liquidity and support ongoing development programs [6] - The company entered into an agreement to acquire 100% of White Tundra Petroleum, with consideration including 18 million common shares contingent on production milestones [7][8] - A settlement agreement was reached regarding $1.5 million in convertible debt, involving refinancing and issuance of common shares [9][15] - A workforce optimization initiative was completed, streamlining decision-making and reducing operational costs [10]