Flow - Through Financing

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First Lithium Minerals Corp Completes Flow-Through Financing
Newsfile· 2025-09-26 21:53
Toronto, Ontario--(Newsfile Corp. - September 26, 2025) - First Lithium Minerals Corp. (CSE: FLM) (OTC Pink: FLMCF) (FSE: X28) ("First Lithium Minerals" or the "Company") announces that it has completed its previously announced flow-through financing for gross proceeds of $75,000. The Company issued 937,500 flow-through shares (the "Flow-Through Shares") at an issue price of $0.08 per share.Finders fees were paid totalling $2,450 of cash and 30,625 finders warrants, with each finder warrant exercisable int ...
Canadian Critical Minerals Announces $600,000 Flow-Through Financing
Newsfile· 2025-09-17 21:05
Calgary, Alberta--(Newsfile Corp. - September 17, 2025) - Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) ("CCMI" or the "Company") announces a flow-through financing for gross proceeds of $600,000, comprised of 17,142,858 flow-through units with an issue price of $0.035 per unit. Each unit will consist of one flow-through share and one-half of one common share purchase warrant that is exercisable into a common share at an exercise price of $0.05 cents per share for a period of three years. Clo ...
Stonegate Capital Partners Initiates Coverage on Seabridge Gold Inc. (SA)
Newsfile· 2025-09-15 13:31
Group 1 - Stonegate Capital Partners has initiated coverage on Seabridge Gold Inc. (NYSE: SA) as of September 15, 2025 [1] - As of Q2 2025, Seabridge Gold reported cash and cash equivalents of $121.4 million, bolstered by a $100.2 million equity financing in February 2025 and a $30.5 million flow-through financing in June 2025 [1] - The company is focused on advancing its flagship KSM project and exploration at Iskut, 3 Aces, and Snowstorm [1] Group 2 - Seabridge Gold renewed its $750 million base shelf prospectus and $100 million ATM facility in early 2025 [1] - The company reported a Q2 net profit of $12.3 million ($0.12/share), a decrease from $45.2 million in Q2 2024, primarily due to the remeasurement of secured note liabilities [8] - Seabridge invested $21.1 million into projects during the quarter, and drilling at Iskut's Snip North confirmed a large copper-gold porphyry deposit, with a maiden resource estimate expected in early 2026 [8]
First Lithium Minerals Announces Flow-Through Financing
Newsfile· 2025-09-05 10:00
Core Viewpoint - First Lithium Minerals Corp. is initiating a flow-through financing to raise up to $600,000 through the issuance of flow-through shares at an issue price of $0.08 per share [1][2]. Financing Details - The company plans to issue up to 7,500,000 flow-through shares [1]. - The gross proceeds will be allocated to eligible Canadian exploration expenses related to the company's properties in Ontario [2]. - The qualifying expenditures will be renounced in favor of subscribers by December 31, 2025, totaling at least the gross proceeds raised [2]. Securities Information - All securities issued under the offering will be subject to a hold period of four months and one day from the closing date [3]. Company Overview - First Lithium Minerals is a Canadian mineral exploration and development company focused on lithium and alkali metals at its Ascotan Project in Chile, covering approximately 1,775 hectares [4]. - The company is also exploring for gold and critical metals at its Lidstone project, which consists of 17,300 hectares of mining claims in northwestern Ontario [4].
NorthWest Closes Second Tranche of Flow Through Financing and Completes Hard Dollar Placement
Globenewswire· 2025-08-11 11:00
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Aug. 11, 2025 (GLOBE NEWSWIRE) -- NorthWest Copper Corp. ("NorthWest" or "the Company") (TSX-V: NWST) is pleased to announce that further to its press releases of July 16, 2025 and July 29, 2025, the Company has closed the second tranche of its upsized non-brokered critical mineral flow through private placement financing ("FT Offering"). When combined with the first tranche of the FT Offering, the Co ...
Aventis Energy Inc. Announces Flow-Through Financing
Globenewswire· 2025-06-20 21:00
Group 1: Offering Details - Aventis Energy Inc. announced a non-brokered private placement for gross proceeds of up to C$350,000.40 from the sale of up to 1,166,668 flow-through units at a price of C$0.30 per unit [1] - Each flow-through unit will consist of one common share and one half of a common share purchase warrant, with the warrant allowing the purchase of one common share at C$0.40 for 24 months [2] - The proceeds will be used for exploration on the Company's project portfolio, specifically for eligible Canadian exploration expenses [4] Group 2: Finder's Fees and Regulatory Compliance - The Company may pay finder's fees to third parties sourced by finders, and the offering will be conducted under accredited investor and minimum amount investment exemptions [3] - The securities from the sale will be subject to a statutory hold period in Canada, ending four months plus one day after the closing date of the offering [3][5] Group 3: Marketing Initiatives - Aventis Energy has increased its advertising budget with RMK Marketing Inc. to a total of C$500,000, with an additional C$250,000 allocated for marketing services [6] - RMK will coordinate marketing actions, optimize AdWords campaigns, and manage online marketing efforts without receiving any securities as compensation [7] Group 4: Company Overview - Aventis Energy Inc. is focused on mineral exploration, particularly in battery, base, and precious metals, and is advancing its Corvo Uranium & Sting Copper Project [8] - The Sting Copper Project spans approximately 12,700 hectares and is located in a region known for significant mineral occurrences [9]
Trident Resources Completes $2.25 Million Flow-Through Financing
Globenewswire· 2025-06-20 12:30
Core Points - Trident Resources Corp. has successfully closed a non-brokered private placement financing, raising total gross proceeds of CAD $2,250,000 [1][2] - The financing involved the issuance of 3,000,000 units at a price of CAD $0.75 per unit, each unit consisting of one flow-through common share and one-half of a transferable warrant [2] - The proceeds will be utilized for exploration and drilling programs at the company's Saskatchewan Gold Projects [3] Financial Details - The company has paid finder's fees of CAD $90,000 to an arm's-length party in relation to the private placement [2] - Trident currently has over CAD $10 million in its treasury, which includes cash and cash-equivalent assets [4] Project Focus - The company plans to focus on exploration work, including drilling at Contact Lake to confirm high-grade potential resources and test the extension of the trend [4] - The exploration efforts are set to generate extensive news flow from assay results expected in the second half of 2025 [4] Regulatory and Tax Considerations - The private placement is subject to final approval from the TSX Venture Exchange, and all securities issued will be subject to a four-month-and-one-day hold period [3] - The gross proceeds from the sale of flow-through shares will be used to incur eligible Canadian exploration expenses, which will be renounced in favor of the subscribers effective December 31, 2025 [4] Company Overview - Trident Resources Corp. is a Canadian public mineral exploration company focused on gold and copper projects in Saskatchewan, including the Contact Lake and Greywacke Lake projects [6]