Equity Financing
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PesoRama Announces First Closing of Equity Financing
Newsfile· 2025-11-21 21:30
PesoRama Announces First Closing of Equity FinancingNovember 21, 2025 4:30 PM EST | Source: PesoRama Inc.Toronto, Ontario--(Newsfile Corp. - November 21, 2025) - PesoRama Inc. (TSXV: PESO) (OTC Pink: PSSOF) (FSE: ZE6) ("PesoRama" or the "Company"), a Canadian company operating dollar stores in Mexico under the JOI DOLLAR PLUS brand, is pleased to announce a first closing of the Company's equity offering, first announced on October 20, 2025 for gross proceeds of $3,500,000. Pursuant to the offe ...
Stonegate Capital Partners Updates Coverage on Seabridge Gold Inc. (SA) 3Q25
Newsfile· 2025-11-20 21:24
Stonegate Capital Partners Updates Coverage on Seabridge Gold Inc. (SA) 3Q25November 20, 2025 4:24 PM EST | Source: Reportable, Inc. Dallas, Texas--(Newsfile Corp. - November 20, 2025) - Seabridge Gold Inc. (NYSE: SA): Stonegate Capital Partners updates their coverage on Seabridge Gold Inc. (NYSE: SA). As of 3Q25, Seabridge Gold maintained a robust financial position, with cash and cash equivalents of $103.1 million, supported by a US$100.2 million equity financing in February 2025 and a $30.5 ...
Ascot Reports Third Quarter 2025 Results
Globenewswire· 2025-11-13 01:07
Core Insights - Ascot Resources Ltd. reported a net loss of $23,521 for Q3 2025, an increase from a net loss of $11,232 in Q3 2024, and a total net loss of $345,392 for the nine months ended September 30, 2025, compared to a net loss of $14,490 for the same period in 2024 [6][8] - The company is undergoing a restructuring process, which includes a non-brokered Rights Offering aimed at raising up to $14,871 and a 50:1 share consolidation, both subject to TSXV approval [4][14] - Ascot has entered into a bridge loan agreement with Nebari Group for up to US$18 million, with conditions for drawdowns and warrants tied to future equity financing [5] Financial Results - For the three months ended September 30, 2025, the company recorded a net loss of $23,521, attributed to care and maintenance expenses of $9,882 and an impairment charge of $324,404 for the nine-month period [6][8] - As of September 30, 2025, cash and cash equivalents were $5,386, down from $27,974 at the end of 2024, with a working capital deficiency of $294,178 [10] - The company has not made scheduled principal and interest payments under its credit facilities, resulting in defaults and indicating significant uncertainties regarding its ability to continue as a going concern [11][12] Restructuring and Financing - The restructuring plan includes a $14.9 million Rights Offering, a 50:1 share consolidation, and a $150 million equity offering, with assistance from Fiore Management and Advisory Corp. [14][15] - Ascot is negotiating with Nebari Group to restructure existing indebtedness and amend secured streams with Sprott Private Resource Streaming and Royalty Corp. [7] - The company has placed its Premier Gold Project on care and maintenance since June 2025, with no timeline for resuming development, pending future financing [9][13] Management Changes - Bill Bennett resigned as Interim Chair of the Board on October 6, 2025, and was replaced by Indi Gopinathan [7]
TMX Group Equity Financing Statistics - October 2025
Newsfile· 2025-11-12 15:00
Core Insights - TMX Group reported significant increases in financing activities on the Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) for October 2025, with total financings raised on TSX increasing by 249% month-over-month and 264% year-over-year [2][6] - The TSX welcomed 51 new issuers in October 2025, a notable rise from 29 in September 2025 and 11 in October 2024 [2][6] - On the TSXV, there were 6 new issuers in October 2025, up from 3 in the previous month and 4 in October 2024, with total financings raised increasing by 97% compared to September 2025 and 152% compared to October 2024 [4][8] TSX Highlights - In October 2025, the TSX had 2,019 issuers listed, an increase from 1,976 in September 2025 and 1,827 in October 2024 [6] - The total number of financings on TSX was 84 in October 2025, compared to 55 in September 2025 and 37 in October 2024 [6] - Total financings raised on TSX reached approximately $4.67 billion in October 2025, significantly higher than $1.34 billion in September 2025 and $1.28 billion in October 2024 [6] TSXV Highlights - The TSXV had 1,795 issuers listed in October 2025, unchanged from September 2025 but down from 1,882 in October 2024 [8] - The total number of financings on TSXV was 133 in October 2025, compared to 119 in September 2025 and 110 in October 2024 [8] - Total financings raised on TSXV amounted to approximately $1.24 billion in October 2025, up from $630 million in September 2025 and $492 million in October 2024 [8] Year-to-Date Statistics - Year-to-date in 2025, the TSX has seen 276 new issuers listed, a 117.3% increase from 127 in 2024 [7] - Total financings raised on TSX year-to-date reached approximately $16.01 billion, a 13.1% increase from $14.15 billion in 2024 [7] - On the TSXV, year-to-date statistics show 33 new issuers listed, down 23.3% from 43 in 2024, but total financings raised increased by 78.4% to approximately $6.70 billion [9]
Maritime Launch Services Announces Full Conversion of Convertible Debentures Following $10 Million Equity Financing
Prnewswire· 2025-11-12 11:00
Accessibility StatementSkip Navigation HALIFAX, NS, Nov. 12, 2025 /PRNewswire/ -Â Maritime Launch Services Inc. (Cboe CA: MAXQ) (OTCQB: MAXQF) ("Maritime Launch" or the "Company") announced today, November 12, 2025, it will issue 208,844,288 common shares upon conversion of all its outstanding convertible debentures due December 7, 2026. The $10,427,287 aggregate principal plus accrued interest on the convertible debentures will all be converted in accordance with the debenture terms into common shares at a ...
X @Investopedia
Investopedia· 2025-10-31 14:00
Companies usually have a choice between debt financing and equity financing, with advantages and disadvantages to each. https://t.co/F7ZYTbCCyV ...
Provenance Gold Announces Fully Subscribed C$4.5 Million Financing with a Strategic Investment Group
Newsfile· 2025-10-17 17:48
Core Points - Provenance Gold Corp. has announced a fully subscribed financing of C$4.5 million from a strategic investment group, involving the issuance of 18 million units at a price of $0.25 per unit [1][2] - Each unit consists of one common share and one-half of a share purchase warrant, exercisable at $0.30 for five years [1] - The offering is expected to close around October 24, 2025, with a one-year hold period on the securities issued [1] Investment Agreement - Concurrently with the offering's closing, an investor rights agreement will be established, granting the strategic investor group rights to participate in future equity financings and maintain their ownership percentage [2] Management Commentary - The President of Provenance Gold Corp. expressed that the offering reflects growing investor interest and confidence in the company, emphasizing the importance of having strategic investors who share the company's vision [3] - The management believes the company is undervalued and is focused on fast-tracking exploration activities to enhance shareholder value [3] Closing Conditions - The completion of the offering is subject to customary closing deliverables and regulatory approval, with a finders' fee owed to a brokerage firm that assisted in the introduction of the strategic investor group [4]
Iconic Announces Equity Financing up to $2,550,000
Newsfile· 2025-10-17 12:00
NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVancouver, British Columbia--(Newsfile Corp. - October 17, 2025) - Iconic Minerals Ltd. (TSXV: ICM) (FSE: YQGB) (OTCQB: ICMFF) announces the negotiation of a private placement for gross proceeds of up to $2,550,000 (the "Financing"), subject to acceptance by the TSX Venture Exchange. These funds will be raised by the Company issuing up to 30,000,000 units (the "Units"), at a price of $0.085 per Unit, each Unit con ...
TMX Group Equity Financing Statistics - September 2025
Newsfile· 2025-10-09 18:00
Core Insights - TMX Group reported significant financing activity on the Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) for September 2025, highlighting a notable increase in total financings raised compared to previous months and the same month last year [2][4]. TSX Summary - In September 2025, TSX welcomed 29 new issuers, a decrease from 44 in August 2025 but an increase from 13 in September 2024 [2]. - Total financings raised in September 2025 reached approximately $1.34 billion, marking a 354% increase from the previous month and a 120% increase from September 2024 [5]. - The total number of financings in September 2025 was 55, down from 62 in August 2025 but up from 31 in September 2024 [5]. - Year-to-date statistics show 225 new issuers listed in 2025, a 94% increase from 116 in 2024, and total financings raised year-to-date reached approximately $11.34 billion, a decrease of 11.9% from 2024 [6]. TSXV Summary - TSXV had three new issuers in September 2025, compared to one in August 2025 and five in September 2024 [4]. - Total financings raised in September 2025 were approximately $630 million, a decrease of 22% from the previous month but an increase of 63% from September 2024 [7]. - The total number of financings in September 2025 was 119, down from 124 in August 2025 but up from 94 in September 2024 [7]. - Year-to-date statistics indicate 27 new issuers listed in 2025, a decrease of 30.8% from 39 in 2024, with total financings raised reaching approximately $5.46 billion, a 67.3% increase from 2024 [8]. New Listings - Notable new listings on TSX in September 2025 included various ETFs and consumer products companies, such as BetaPro ETFs and Canada Packers Inc. [9][10]. - On TSXV, new listings included mining companies like Asante Gold Corporation and Pecoy Copper Corp. [11].
xAI to Raise $20 Billion After Nvidia and Others Boost Round
Bloomberg Television· 2025-10-08 14:47
XAI needs a way to finance all of the GPUs that are going to go into Colossus 2, its next big data center in Memphis, Tennessee. Here's how we've reported that they're going to do it. They've set up with investors a special purpose vehicle or SPV, basically a financing shell that buys Nvidia processors and then rents them back to XAI.Our understanding is the round's now up to around $20 billion split between $12.5% billion of debt and $7.5% billion in equity. Nvidia is putting around $2 billion into the equ ...