Flow - Through Private Placement
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Adamera Closes $253,500 Flow-Through Private Placement
Thenewswire· 2025-12-30 22:00
Core Viewpoint - Adamera Minerals Corp. has successfully closed the flow-through portion of its private placement, raising a total of $253,500 through the sale of Flow-Through Units [1][2]. Group 1: Financial Details - The company raised $253,500 from the sale of 3,900,001 Flow-Through Units at a price of $0.065 per unit [2]. - Each Flow-Through Unit consists of one common share and one-half common share purchase warrant, with full warrants exercisable at $0.12 for two years [2]. - The warrants will expire if the closing market price of the common shares reaches $0.16 or more for 10 consecutive trading days, triggering an Accelerated Expiry Date [2]. Group 2: Use of Funds - The funds raised will be allocated for qualifying Canadian exploration expenditures on newly identified gold, copper, and zinc prospects at the South Hedley Project in southern British Columbia [3]. - The financing may be eligible for a 30% Critical Mineral Exploration Tax Credit [3]. Group 3: Related Party Transactions - A director and an officer of the company acquired a total of 507,693 Flow-Through Units under the private placement, constituting a related party transaction [4]. - The company has relied on exemptions from formal valuation and minority shareholder approval requirements due to the transaction's value not exceeding 25% of the company's market capitalization [4]. Group 4: Future Plans - The company plans to close the non-flow-through units of the private placement announced earlier in early 2026 [5]. Group 5: Company Overview - Adamera Minerals Corp. focuses on exploring high-grade gold deposits in Washington State and British Columbia, holding numerous drill-ready targets in areas with past producing mines [5].
Canuc Closes Flow-Through Private Placement
TMX Newsfile· 2025-12-30 21:15
Core Viewpoint - Canuc Resources Corporation has successfully closed a CAD 2,790,000 flow-through private placement financing, resulting in the issuance of 18,000,000 units, which will be used for exploration of the East Sudbury Project [1][3]. Financing Details - The private placement consists of units priced at CAD 0.155 per common share, with each unit including one half of a common share purchase warrant [1]. - Each warrant allows the holder to purchase an additional common share at CAD 0.18 for two years, with an early exercise provision triggered if the 10-day average price exceeds CAD 0.24 [2]. Project Information - The proceeds from the financing will be allocated to the exploration of the East Sudbury Project (ESP), which spans 19,710 hectares and is located near the Sudbury Mining Camp [3][4]. - The ESP includes historical mining sites such as the Scadding Gold Mine and is associated with critical and precious metal mineralization [4]. Additional Projects - Canuc also holds a 100% interest in the San Javier Silver-Gold Project in Mexico, covering 1,052 hectares and showing extensive mineralization [5]. - The company generates cash flow from natural gas production at the MidTex Energy Project in Texas, with rights for further developments [6].
Tartisan Nickel Corp. Closes $1,325,000 Flow-Through Private Placement
TMX Newsfile· 2025-12-22 12:50
Core Viewpoint - Tartisan Nickel Corp. has successfully closed a Flow-Through private placement, raising $1,325,000 through the issuance of 6,625,000 flow-through shares at a price of $0.20 per share [1][2]. Group 1: Financial Details - The gross proceeds from the private placement will be allocated to advance exploration and development work at the Kenbridge Nickel-Copper-Cobalt Project, which is fully owned by the company [2]. - A 6% commission was paid in cash, along with 6% broker warrants, which are exercisable at $0.20 and expire twelve months from the date of issue [2]. Group 2: Company Overview - Tartisan Nickel Corp. is a Canadian-based company focused on the exploration and development of critical minerals, owning several projects including the Kenbridge Nickel Project, the Sill Lake Silver Property, and the Night Danger Turtle Pond project [4]. - The company’s common shares are listed on the Canadian Securities Exchange under the ticker CSE: TN, with a total of 147,299,041 shares outstanding and 151,325,756 fully diluted shares [5]. Group 3: Regulatory Information - The securities issued in this private placement are subject to regulatory approval and applicable statutory holding periods [3].
Mustang Energy Corp. Announces Non-Brokered Flow-Through Private Placement
Globenewswire· 2025-12-20 02:44
Core Viewpoint - Mustang Energy Corp. is conducting a non-brokered private placement to raise C$180,000 through the sale of 2,000,000 critical flow-through units at a price of C$0.09 per unit [1] Group 1: Offering Details - Each FT Unit consists of one common share issued on a flow-through basis and one half of a transferable common share purchase warrant, with each whole warrant allowing the purchase of one common share at a price of $0.15 for two years [2] - The proceeds from the Offering will be used for resource exploration expenses classified as "Canadian exploration expenses" and "flow through critical mineral mining expenditures," which will be renounced to purchasers by December 31, 2025 [3] Group 2: Regulatory and Closing Information - The Offering is subject to necessary regulatory approvals, including from the Canadian Securities Exchange, and is expected to close by December 31, 2025 [5] - The securities issued will be subject to a hold period of four months plus one day from the date of issue [5] Group 3: Company Overview - Mustang Energy Corp. focuses on acquiring and developing uranium and critical mineral assets, actively exploring properties in the Athabasca Basin of Saskatchewan, Canada [7] - The flagship property, Ford Lake, spans 7,743 hectares, while additional projects cover 2,901 hectares in the Wollaston Domain and further expansions in the Cluff Lake region and south central Athabasca Basin [7]
Silicon Metals Corp. Announces Flow-Through Private Placement of up to $195,000
TMX Newsfile· 2025-12-20 01:10
Core Viewpoint - Silicon Metals Corp. intends to complete a flow-through private placement of common shares for gross proceeds of up to $195,000 to fund exploration projects in British Columbia and Ontario [1][2]. Group 1: Flow-Through Offering Details - The company plans to issue up to 3,000,000 flow-through common shares at a price of $0.065 per share [2]. - Proceeds from the offering will be used for eligible exploration expenditures on its projects located in British Columbia and Ontario [2]. - Finders' fees may be applicable in accordance with CSE policies [2]. Group 2: Securities and Regulations - All securities issued will be subject to a statutory hold period of four months and one day post-issuance [3]. - The securities will not be registered under the United States Securities Act of 1933, and cannot be offered or sold in the U.S. without registration or an exemption [4]. Group 3: Company Overview - Silicon Metals Corp. focuses on exploration and development in Canada, particularly in British Columbia and Ontario [5]. - The company holds a 100% interest in several projects, including the Maple Birch Project, Crystal Hills Project, Ptarmigan Silica Project, Silica Ridge Silica Project, and Longworth Silica Project [5].
Metals Creek Resources Corp. Announces Flow-Through Private Placement Financing
TMX Newsfile· 2025-12-17 21:58
Thunder Bay, Ontario--(Newsfile Corp. - December 17, 2025) - Metals Creek Resources Corp. (TSXV: MEK) (FSE: M1C1) (the "Company" or Metals Creek) announces that, subject to approval by the TSX Venture Exchange (the "Exchange"), it intends to complete a non-brokered flow-through private placement financing (the "Financing") for proceeds of up to $200,000. The Company intends to issue up to 5,000,000 flow-through units at a price of $0.04 per unit (the "FT Units")) for aggregate proceeds of up to $200,000. E ...
Critical One Energy Announces Upsized CDN$1,250,000 Flow-Through Private Placement
TMX Newsfile· 2025-12-15 11:50
Core Viewpoint - Critical One Energy Inc. is conducting an upsized non-brokered private placement offering of up to 1,250,000 flow-through common shares at a price of CDN$1.00 per share, aiming for gross proceeds of up to CDN$1,250,000 [1][3]. Group 1: Offering Details - The offering will close on or about December 19, 2025, and all securities issued will be subject to a four-month and one-day hold period [3]. - The company may pay finder's fees of up to 6.0% of the gross proceeds raised, which can include cash commissions and common share purchase warrants [2]. Group 2: Use of Proceeds - Gross proceeds from the sale of FT Shares will be used for exploration expenses that qualify as "flow-through critical mineral mining expenditures" under the Income Tax Act (Canada) [3]. Group 3: Company Overview - Critical One Energy Inc. focuses on critical minerals and upstream energy, particularly in antimony and gold, with projects in Canada and uranium interests in Namibia [4]. - The company is strategically positioned to meet the rising global demand for critical minerals and metals, leveraging its technical, managerial, and financial expertise [4].
Critical One Energy Announces CDN$1,000,000 Flow-Through Private Placement
Newsfile· 2025-12-12 22:39
Core Viewpoint - Critical One Energy Inc. is initiating a non-brokered private placement offering of up to 1,000,000 flow-through common shares at a price of CDN$1.00 per share, aiming for gross proceeds of up to CDN$1,000,000 [1][3]. Group 1: Offering Details - The offering will close on or about December 19, 2025, and all securities issued will be subject to a four-month and one-day hold period [3]. - The company may pay finder's fees of up to 6.0% of the gross proceeds raised, which can include cash commissions and common share purchase warrants [2]. Group 2: Use of Proceeds - Proceeds from the sale of the flow-through shares will be used for exploration expenses that qualify as "Canadian exploration expenses" under the Income Tax Act (Canada) [3]. Group 3: Company Overview - Critical One Energy Inc. focuses on critical minerals and upstream energy, particularly in antimony and gold, with projects in Canada and uranium interests in Namibia [4]. - The company is strategically positioned to meet the rising global demand for critical minerals and metals, leveraging its technical, managerial, and financial expertise [4].
Maxus Mining Announces Closing of Flow Through Private Placement
Globenewswire· 2025-11-07 21:56
Core Points - Maxus Mining Inc. has successfully closed a non-brokered private placement, raising gross proceeds of C$2,600,500.10 through the issuance of 2,364,091 flow-through shares at a price of C$1.10 per share [1][2] - The proceeds from the offering will be allocated towards exploration activities on the company's project portfolio, which includes various mineral properties in Canada [1][2] Company Overview - Maxus Mining Inc. is a mineral exploration company focused on locating, acquiring, and developing economic mineral properties in premier jurisdictions, with a diverse portfolio covering approximately 15,342 hectares [5] - The company's projects include three antimony projects, the Penny Copper Project, and the Lotto Tungsten Project, with significant historical exploration activity and promising assay results [5][6][7] Financial Details - The company paid a total of $155,700 in cash finder's fees related to the private placement [3] - All securities issued in connection with the offering are subject to a statutory hold period of four months and one day [3] Project Highlights - The Penny Copper Project, covering 3,123 hectares, has a history of exploration and recent sampling returning copper values up to 2,388 ppm [6] - The Quarry Antimony Project has shown promising historical assay results, including high-grade antimony and other metals [7] - The Alturas Project recently reported high-grade antimony assays up to 69.98% Sb, indicating strong potential for future exploration [7]
Integral Metals Announces Flow-Through Private Placement for up to C$1,000,000
Globenewswire· 2025-10-17 12:00
Core Points - Integral Metals Corp. plans to complete a non-brokered flow-through private placement of units at a price of $0.95 per Unit for gross proceeds of up to C$1,000,000 [1] - Each Unit will consist of one flow-through common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at C$1.00 for 24 months [1] - The proceeds from the sale of the FT Shares will be used for Canadian exploration expenses, which the Company intends to renounce to the initial purchasers [2] - The Offering is subject to regulatory approvals and is expected to close around November 15, 2025 [3] Company Overview - Integral Metals Corp. is engaged in mineral exploration for critical minerals, including gallium, germanium, and rare earth elements [5] - The Company aims to contribute to the development of a domestic supply chain for these minerals [5] - Integral holds properties in mining-friendly jurisdictions in Canada and the USA, including the Northwest Territories, Manitoba, and Montana [5]