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Noble Grants RSUs
Thenewswire· 2026-02-09 13:40
Core Viewpoint - Noble Mineral Exploration Inc. has announced the grant of 3,330,000 restricted share units (RSUs) to its officers, directors, and certain consultants, effective February 6, 2026, as part of its equity incentive plan [1][3]. Group 1: RSU Grant Details - The total of 3,330,000 RSUs includes 1,650,000 RSUs granted specifically to directors and officers of the Company [2]. - The RSUs will vest one year after the grant date and can be settled in common shares, cash equivalents, or a combination of both [2]. - The grant is compliant with the TSX Venture Exchange requirements, and the Company now has a total of 3,330,000 RSUs outstanding [3]. Group 2: Company Overview - Noble Mineral Exploration Inc. is a Canadian junior exploration company with holdings in various nickel and gold exploration properties [4]. - The Company holds mineral and exploration rights over approximately 70,000 hectares in Northern Ontario and 24,000 hectares in Quebec, with plans for option/joint venture exploration programs [5]. - Notable projects include Project 81, which has diversified drill-ready targets, and several other properties across Ontario and Quebec, including uranium and rare earth element properties [6].
Cascade Copper Closes Final Tranche of Oversubscribed Private Placement
Thenewswire· 2025-12-24 03:00
Core Viewpoint - Cascade Copper Corp. has successfully closed the final tranche of its non-brokered private placement, raising a total of $659,728 (CDN) through the issuance of units [1] Group 1: Offering Details - The Offering included 8,462,500 Critical Minerals Flow-Through units at a price of $0.04 each and 8,923,002 Non-Flow-Through Units at a price of $0.036 each [2] - Each unit consists of one common share and one-half common share purchase warrant, with each full warrant exercisable at $0.05 for 36 months from the closing date [2] - The Offering is subject to regulatory approvals, including acceptance from the Canadian Securities Exchange, and all securities issued will have a four-month hold period [3][6] Group 2: Use of Proceeds - Proceeds from the sale of Flow-Through Shares will primarily fund eligible Critical Mineral Canadian Exploration Expenses and exploration programs in Ontario and British Columbia [5] - Proceeds from Non-Flow-Through shares will be allocated for the general working capital of the Company [5] Group 3: Insider Participation - The Offering included participation from insiders, which is classified as a related party transaction under Multilateral Instrument 61-101 [4] - The Company is relying on exemptions from valuation requirements and minority approval as the value of the subscribed Units does not exceed 25% of the Company's market capitalization [4] Group 4: Company Overview - Cascade Copper is an exploration stage natural resource company focused on the evaluation, acquisition, and exploration of copper-based mineral resource properties [8] - The Company is engaged in exploring copper and gold deposits in British Columbia and Ontario, utilizing modern technology for exploration [8] - Cascade has five projects, including the Copper Plateau Copper-Moly Project and the Centrefire Copper Project, with drilling planned for several projects this year [8]