Flow - Through Financing
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North American Niobium and Critical Minerals Corp. Announces Closing of Oversubscribed $1.96m Flow-Through Financing
Globenewswire· 2025-12-12 23:00
- NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES -Vancouver, BC, Dec. 12, 2025 (GLOBE NEWSWIRE) -- North America Niobium and Critical Minerals Corp. (CSE: NIOB) (FSE: IOR) (OTCQB: NIOMF) (“North American Niobium” or the “Company”) is pleased to announce, further to its news release of December 4, 2025, that the Company has closed the previously announced non-brokered private placement of flow-through common shares in the capital of the Company (each, an “FT Share”) by the issua ...
iMetal Resources Announces Flow-Through Financing
Newsfile· 2025-12-08 19:16
Vancouver, British Columbia--(Newsfile Corp. - December 8, 2025) - iMetal Resources Inc. (TSXV: IMR) (OTCQB: IMRFF) (FSE: A7VA) ("iMetal" or the "Company) announces that it will offer (the "Offering") up to 4,000,000 flow-through units (each, an "FT Unit"), at a price of $0.13 per FT Unit, for gross proceeds of up to $520,000, by way of non-brokered private placement. Each FT Unit will consist of one common share of the Company, issued as a flow-through share within the meaning of the Income Tax Act (Canad ...
Cascade Copper Announces Critical Mineral Flow-Through and Non-Flow-Through Financing
Thenewswire· 2025-12-06 01:30
Core Points - Cascade Copper Corp. is conducting a non-brokered private placement to raise up to CDN$600,000 for its early 2026 exploration programs [1] - The offering includes a Critical Minerals flow-through component and a non-flow-through component, with specific pricing and terms for each [2][3] - The proceeds from the flow-through shares will primarily fund drilling programs in British Columbia and Ontario, while proceeds from non-flow-through units will cover general operating expenses [3] Offering Details - The flow-through units are priced at $0.04 each, consisting of one flow-through common share and one-half non-flow-through share purchase warrant, with full warrants exercisable at $0.05 for 36 months [2] - The non-flow-through units are priced at $0.035 each, comprising one common share and one-half non-flow-through warrant, also exercisable at $0.05 for 36 months [2] - The offering is expected to close in tranches, with the first tranche anticipated by late December, subject to necessary approvals [4][8] Regulatory and Compliance - The company intends to renounce qualifying expenditures to subscribers of flow-through units for the fiscal year ending December 31, 2025, and incur necessary expenditures by December 31, 2026 [5] - The offering is available to existing shareholders under specific exemptions, limiting individual investments to a maximum of $15,000 unless certain conditions are met [6] - All securities issued will be subject to a four-month hold period under Canadian securities laws [8] Company Overview - Cascade Copper is focused on the evaluation, acquisition, and exploration of copper-based mineral resource properties, particularly in British Columbia and Ontario [9] - The company employs modern technology for exploration, including 3D inversion modeling and AI-enhanced predictive modeling [9] - Cascade has five projects, including the Copper Plateau Copper-Moly Project and the Centrefire Copper Project, with drilling planned for several projects this year [9]
Dynasty Gold Closes Non-Brokered Financing
Newsfile· 2025-12-05 23:38
Core Viewpoint - Dynasty Gold Corp. is set to close a non-brokered private placement for total gross proceeds of $751,800, which will support its current drill program and the 2026 exploration program [1] Summary by Sections Private Placement Details - The company received subscriptions for 1,255,555 units of non-flow-through common shares, generating proceeds of $226,000. Each unit consists of one common share priced at $0.18 and one-half common share purchase warrant, with whole warrants allowing purchase of one common share at $0.30 for 24 months [2] - The flow-through financing includes 2,390,000 units for proceeds of $525,800. Each flow-through unit consists of one flow-through share at $0.22 and one-half common share purchase warrant, with whole warrants allowing purchase of one non-flow-through common share at $0.33 for 24 months [3] Use of Proceeds - Gross proceeds from the flow-through offering will be allocated to incur "Canadian exploration expenses" related to the Thundercloud gold project in Ontario, with proceeds renounced to subscribers by December 31, 2025 [4] Company Overview - Dynasty Gold Corp. is a Canadian mineral exploration company focused on gold exploration in North America, particularly the Thundercloud property in Ontario and the Golden Repeat project in Nevada [6]
Armory Mining Announces Flow-Through Financing
Thenewswire· 2025-12-02 23:30
Vancouver, B.C. – December 2, 2025 – TheNewswire - Armory Mining Corp. (CSE: ARMY) (OTC: RMRYF) (FRA: 2JS) (the “Company” or “Armory”) a resource exploration company focused on the discovery and development of minerals critical to the energy, security and defense sectors, is pleased to announce a non-brokered private placement offering of up to 14,285,714 flow-through units (the “FT Units”) at a price of $0.07 per FT Unit for gross proceeds of up to $1,000,000 (the “Offering”). Each FT Unit consists of o ...
Greenridge Exploration Announces Flow-Through Financing
Globenewswire· 2025-12-01 22:00
VANCOUVER, British Columbia, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3 | OTCQB: GXPLF), is pleased to announce a non-brokered private placement (the “Offering”) for gross proceeds of up to C$2,000,000.1 from the sale of up to 5,714,286 flow-through Units of the Company (each, a “FT UNIT”) at a price of C$0.35 per FT Unit. The Company intends to use the proceeds from the Offering towards exploration on the Company’s project portfolio. E ...
VanadiumCorp Gets Conditional Approval Closes First Tranche of Flow-Through Financing
Thenewswire· 2025-11-25 13:50
Core Viewpoint - VanadiumCorp Resource Inc. has received conditional approval for a private placement financing, aiming to raise up to $1.4 million through the issuance of flow-through and non-flow-through units [1][2]. Financing Details - The financing consists of up to 2,333,333 flow-through units at $0.30 each and up to 2,800,000 non-flow-through units at $0.25 each, with total gross proceeds expected to reach $1.4 million [1]. - The first tranche of the financing has closed, raising $700,000 through the issuance of 2,333,333 flow-through units [2]. Use of Proceeds - Proceeds from the financing will be used to incur eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" and "flow-through critical mineral mining expenditures" as defined in the Income Tax Act (Canada) [3]. - The company plans to renounce all qualifying expenditures in favor of the subscribers of the flow-through units effective December 31, 2025 [3]. Securities and Regulations - All securities issued under the financing are subject to a four-month hold from the date of issue [4]. - Cash finders' fees totaling $49,000 were paid, along with the issuance of 163,333 non-transferable broker warrants [2]. Company Overview - VanadiumCorp Resource Inc. is focused on developing vanadium-rich assets in Quebec, with its flagship Lac Doré Vanadium Project known for high-purity vanadium suitable for energy storage applications [5]. - The company has established an electrolyte pilot plant in Val-des-Sources, Québec, aimed at testing vanadium materials and initiating commercial production of vanadium electrolyte for vanadium redox flow batteries (VRFBs) [5]. - With vanadium and titanium classified as Critical Minerals in Canada and the U.S., the company aligns with national strategies to enhance domestic supply chains [5].
First American Announces Private Placement of Flow-Through Shares
Globenewswire· 2025-11-06 12:30
Core Viewpoint - First American Uranium Inc. is initiating a non-brokered private placement to raise up to $2,500,000 through the issuance of flow-through common shares at a price of $1.38 per share, aimed at advancing exploration programs in Quebec [1][5]. Group 1: Offering Details - The company plans to issue up to 1,811,594 flow-through common shares at $1.38 each, with gross proceeds expected to reach $2,500,000 [1]. - Finders' fees of up to 7.0% of the gross proceeds will be paid to eligible finders, along with non-transferable finders' warrants equivalent to 7.0% of the FT Shares sold [2]. - The proceeds will be allocated to eligible "Canadian exploration expenses" in Quebec, with a commitment to renounce qualifying expenditures by December 31, 2025 [3]. Group 2: Regulatory and Closing Conditions - The closing of the offering is contingent upon receiving necessary corporate and regulatory approvals, including from the Canadian Securities Exchange (CSE) [4]. - There is no minimum aggregate amount of subscriptions required for the offering, and all securities will be subject to a statutory hold period of four months plus a day from the issuance date [4]. Group 3: Company Overview - First American Uranium Inc. focuses on the acquisition and development of precious, base, and critical mineral assets, with properties in British Columbia and Quebec [6]. - The Quebec properties enhance the company's exposure to rare earth elements, niobium, and nickel-copper occurrences, which are vital for energy and defense applications [6].
Maxus Mining Announces Flow-Through Financing
Globenewswire· 2025-10-29 21:00
Core Viewpoint - Maxus Mining Inc. is conducting a non-brokered private placement to raise up to C$2,499,999.70 through the sale of flow-through shares, aimed at funding exploration activities on its project portfolio [1][4]. Group 1: Offering Details - The Offering will consist of up to 2,272,727 flow-through shares priced at C$1.10 each [1]. - The proceeds will be allocated to eligible Canadian exploration expenses qualifying as flow-through mining expenditures [4]. - The Offering is subject to necessary approvals, including from the Canadian Securities Exchange [5]. Group 2: Company Overview - Maxus Mining Inc. focuses on mineral exploration, aiming to locate and develop economic mineral properties in prime jurisdictions [6]. - The company holds approximately 9,921 hectares of exploration properties, including three antimony projects and the Penny Copper Project [6]. Group 3: Project Highlights - The Penny Copper Project spans 3,123 hectares and has a history of exploration, with recent sampling returning copper values up to 2,388 ppm [7]. - Historical samples from the Quarry Antimony Project showed significant mineralization, including 0.89 g/t Au and 20% Sb [8]. - The Altura and Hurley Antimony projects are strategically located near recent high-grade discoveries, enhancing their exploration potential [8].
First Lithium Minerals Corp Completes Flow-Through Financing
Newsfile· 2025-09-26 21:53
Core Points - First Lithium Minerals Corp. has completed a flow-through financing for gross proceeds of $75,000 by issuing 937,500 flow-through shares at an issue price of $0.08 per share [1][2] - Insiders of the Company purchased 500,000 flow-through shares, which is classified as a related party transaction under CSE policies [3] - The Company is exploring lithium and alkali metals at its 100% owned Ascotan Project in Chile and is planning its inaugural drilling program [4] Financing Details - The financing raised a total of $75,000 through the issuance of 937,500 flow-through shares at $0.08 each [1] - Finders fees amounted to $2,450 in cash and 30,625 finders warrants, each exercisable into a common share at an exercise price of $0.08 for 18 months [2] Insider Participation - Insiders purchased 500,000 flow-through shares, which is considered a related party transaction [3] - The Company is relying on exemptions from formal valuation and minority shareholder approval requirements as the transaction does not exceed 25% of the Company's market capitalization [3] Company Overview - First Lithium Minerals is a Canadian mineral exploration and development company focused on lithium and alkali metals [4] - The Ascotan Project covers approximately 1,775 hectares in the Salar de Ascotan, Antofagasta Region, Chile, with identified priority exploration drill targets [4] - The Company is also exploring for gold and critical metals at its Lidstone project, which consists of 17,300 hectares in northwestern Ontario, Canada [4]