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InZinc Announces Non-Brokered Private Placement of Flow-Through Shares and Non-Flow-Through Units
TMX Newsfile· 2026-03-24 17:30
Vancouver, British Columbia--(Newsfile Corp. - March 24, 2026) - InZinc Mining Ltd. (TSXV: IZN) ("InZinc" or "Company") is pleased to announce a non-brokered private placement (the "Offering") of a combination of: (i) common shares of the Company ("Common Shares") each issued as a "flow-through share" (such Common Shares being "FT Shares") at a price of $0.08 per FT Share; and (ii) non-flow-through units ("Units") at a price of $0.05 per Unit, for aggregate gross proceeds to the Company of up to $1,200,000 ...
Star Copper Announces Closing of Oversubscribed Flow-Through Share Private Placement
Accessnewswire· 2026-03-11 15:30
Core Viewpoint - Star Copper Corp. has successfully closed an oversubscribed private placement, raising gross proceeds of C$7,306,000 from the sale of 5,844,800 flow-through shares at a price of C$1.25 per share, with additional proceeds of C$1,306,000 from the sale of 1,044,800 additional shares due to high investor demand [1] Group 1: Financial Details - The total gross proceeds from the private placement amount to C$8,612,000, which will be utilized for Canadian exploration expenses related to the Company's flagship Star Project in British Columbia [1] - The Company paid cash finder's fees totaling C$420,332.50 in connection with the subscriptions to the Offering [1] Group 2: Project Development - The funds raised will support an aggressive drill program in 2026, including expanded step-out drilling and deeper testing of priority targets, guided by ongoing three-dimensional geological modeling and planned deep-penetrating 3D geophysics [1] - Star Copper aims to advance its 100%-owned Star Project, which hosts multiple copper-gold porphyry-style targets, and plans to conduct geological mapping, geophysical surveys, and diamond drilling programs to refine existing targets [1] Group 3: Company Overview - Star Copper Corp. is focused on developing high-potential copper projects in mining-friendly jurisdictions, particularly in British Columbia's Golden Triangle and Sheslay District [1] - The Company is committed to sustainable development and aims to meet the growing global demand for electrification through its projects [1]
American Eagle Announces Exercise of Participation Rights by South32 and Teck, Updates Details of Recently Announced Financing
TMX Newsfile· 2026-03-11 10:00
Core Viewpoint - American Eagle Gold Corp. has successfully secured participation from existing shareholders, South32 Ltd and Teck Resources Limited, in its non-brokered private placement, indicating strong confidence in the company's future and its NAK project [2][5][6]. Financing Details - The company announced a financing plan for gross proceeds of up to C$34,540,000, which includes two offerings: the Sprott Offering of up to 19,200,000 common shares at C$1.20 per share, and a Concurrent Offering of up to 14,935,065 common shares at C$0.77 per share [3]. - The terms of the Concurrent Offering have been updated to 9,650,550 FT Shares at a price of C$1.1319 per share, resulting in gross proceeds of C$10,923,458, bringing the total expected proceeds to C$33,963,458 [4]. Shareholder Participation - Teck will maintain its 12.9% interest by acquiring 3,797,058 common shares at C$0.77 per share, while South32 will maintain its 19.9% interest by acquiring 5,853,492 common shares at the same price [5]. Use of Proceeds - The proceeds from the Offering will be utilized to further test the company's thesis at the NAK project and build on the successes of previous drill programs, which have expanded the project's scale and identified additional high-grade zones [8]. - Upon closing the Offering, the company will have over C$55 million in cash, fully funding substantial drill program expansions for 2026 and 2027 [10]. Project Overview - The NAK Project is located in the Babine copper-gold porphyry district of British Columbia, featuring excellent infrastructure and a significant near-surface copper-gold system measuring over 1.5 km x 1.5 km [13]. - Historical drilling and recent efforts have revealed substantial high-grade copper-gold mineralization, indicating the potential for further discoveries within the broader mineralizing system [13]. Future Plans - The company plans to execute the largest drill program in the region, with continuous operations expected into spring 2027, aiming to demonstrate the viability of the NAK project as a mine in the current metals cycle [6].
Hi-View Announces Upsized Private Placement
Thenewswire· 2026-02-27 08:01
Core Viewpoint - Hi-View Resources Inc. has increased the flow-through portion of its non-brokered private placement to aggregate gross proceeds of up to $2,000,000 [1][2]. Group 1: Offering Details - The flow-through portion will consist of up to 5,555,555 flow-through shares at a price of $0.36 per share, maintaining the total gross proceeds at $2,000,000 [2]. - All other terms of the Offering remain unchanged, and the proceeds will be used for exploration on the Toodoggone projects in British Columbia [2]. Group 2: Regulatory and Transaction Information - Finders' fees of up to 10% may apply to the private placement, and all securities issued will be subject to a hold period of four months and one day [3]. - Directors and officers of the Company may participate in the private placement, which is considered a related party transaction and is expected to be exempt from formal valuation and minority shareholder approval requirements [4]. Group 3: Company Overview - Hi-View Resources Inc. is a publicly listed mineral exploration company focused on gold, silver, and copper assets in the Toodoggone region of northern British Columbia, covering over 27,791 hectares [5]. - The Company's high-priority projects include the Lawyers East Project, Borealis Project, and Golden Stranger Project, along with additional assets such as the Nub, Saunders, and Harmon Peak properties [5].
AuMEGA Metals Announces Amended and Upsized Financing of C$30 Million, Anchored by Condire Investors, LLC
TMX Newsfile· 2026-02-18 11:00
Key HighlightsApproximately C$30.1 million committed through an upsized institutional financing, strengthening AuMEGA's balance sheet and funding runway.Anchored by a significant lead order from Condire Investors, LLC, a U.S.-based resource investment firm, which will hold approximately 19.9% of the Company on a non-diluted basis upon completion of this offering.Continued support from B2Gold Corp., which will maintain its 9.9% ownership position, reinforcing its role as a long-term strategic shareholder.Pa ...
Product roundup: PICTON Investments to debut private equity fund
Investment Executive· 2026-02-02 21:00
Group 1: PICTON Investments Fund - PICTON Investments has launched an open-ended fund focusing on "trophy asset" general partner-led secondary investments, targeting mature, high-quality companies with significant value-creation potential [1] - The fund aims to capture private equity alpha through underwriting discipline, asset quality, and manager selectivity, rather than broad market exposure [1] - Morningside Capital Inc. will lead the sourcing and underwriting of private equity investments for the fund, while PICTON Investments will manage its liquid investments [1] Group 2: CI Global Asset Management Funds - CI Global Asset Management has introduced two new asset-allocation funds that include exposure to non-traditional assets such as gold and bitcoin [2][3] - The CI Balanced+ Asset Allocation ETF Fund allocates approximately 57% to equity securities, 38% to fixed-income securities, and 5% to other assets, with a target allocation of 2.5% each in gold and bitcoin [4] - The CI Equity+ Asset Allocation ETF Fund features an allocation of roughly 92% to equity securities and 8% to other assets, with a target allocation of 4% each in gold and bitcoin [5] Group 3: Sun Life Global Investments Funds - Sun Life Global Investments has launched ETF series for two existing mutual funds, now available on the TSX under the ticker symbols SBLG and SBLI [7] - The funds were renamed to better reflect the proprietary blended research approach used by their sub-advisor, MFS Investment Management [8] Group 4: First Trust Nuclear Power ETF - First Trust Canada has launched the First Trust Bloomberg Nuclear Power ETF, which began trading on January 19, with a management fee of 0.85% [10] - The fund aims to replicate the performance of the Bloomberg Nuclear Power Index and invests in companies involved in nuclear energy production [11][12] - Its top five holdings include Cameco Corp., Doosan Enerbility Co., Ltd., Mitsubishi Heavy Industries, Ltd., BHP Group Limited, and BWX Technologies, Inc. [13] Group 5: J.P. Morgan Asset Management Fund - J.P. Morgan Asset Management Canada has launched the JPMorgan International Developed Equity Active ETF, which began trading on January 28 [14] - The fund targets long-term capital growth by investing in large- and mid-cap stocks in foreign developed markets, with a management fee of 0.55% [15] Group 6: PIMCO Managed Balanced Portfolio - PIMCO Canada Corp. has launched the PIMCO Managed Balanced Portfolio, a diversified 60/40 asset-allocation fund [16] - The fund allocates 60% to passive global equity ETFs and 40% to actively managed fixed-income funds [16][17] Group 7: Fidelity Global Opportunities Fund - Fidelity Investments Canada ULC has launched the Fidelity Global Opportunities Long/Short Fund, which employs a long/short strategy to navigate various market conditions [18][19] Group 8: Proposed Mining Fund by Next Edge Capital - Next Edge Capital Corp. has filed a preliminary prospectus for a proposed CMP Next Edge 2026 Critical and Precious Metals Short Duration Flow-Through LP, focusing on flow-through shares of mining companies [20][21] Group 9: RBC Global Asset Management Fund Closure - RBC Global Asset Management Inc. plans to terminate the RBC QUBE Low Volatility Emerging Markets Equity Fund on or about March 30, 2026, due to limited growth potential [22][23] Group 10: Fund Changes by Multiple Firms - PICTON Investments will discontinue performance fees for three mutual funds effective January 30 [25] - SLGI Asset Management Inc. will change sub-advisors for two funds, with new names reflecting the change [26][27] - CIBC Asset Management Inc. will change the ticker symbol for one of its ETFs effective February 4 [28] - Invesco Canada Ltd. has changed the risk rating for one of its ETFs from medium to high [29] - BMO Asset Management Inc. has reduced management fees for select ETFs and updated risk ratings [30][31]
Refined Energy Corp. Announces Charity Flow-Through Private Placement
Globenewswire· 2026-01-20 23:56
Core Viewpoint - Refined Energy Corp. is initiating a non-brokered "charity flow-through" private placement to raise between $1,500,000.60 and $2,000,000.10 through the sale of units priced at $1.05 each, aimed at funding exploration activities at its Dufferin Project [1][5]. Group 1: Private Placement Details - The private placement will consist of a minimum of 1,428,572 units and a maximum of 1,904,762 units, with each unit comprising one flow-through common share and one common share purchase warrant [1][2]. - Each warrant will allow the holder to purchase one common share at a price of $1.05 for a period of 24 months, subject to a 60-day hold period post-closing [2][3]. - The anticipated closing date for the private placement is around February 13, 2026, contingent upon regulatory approvals and raising the minimum amount [4]. Group 2: Use of Proceeds - The gross proceeds from the private placement will be allocated to eligible Canadian exploration expenses, specifically for flow-through critical mineral mining expenditures at the Dufferin Project [5]. - The phase one exploration program at the Dufferin Project is expected to commence in the first quarter of 2026 [5]. Group 3: Regulatory and Compliance Information - The units will be offered to purchasers in all provinces of Canada under the listed issuer financing exemption, meaning the securities will not be subject to resale restrictions [6]. - An offering document dated January 20, 2026, provides additional details regarding the private placement and can be accessed on the company's profile and website [7]. Group 4: Company Overview - Refined Energy Corp. is a junior mining company focused on acquiring and developing mineral properties in North America, with the Dufferin Project being its flagship initiative [9]. - The company also holds an option to earn up to a 100% interest in the Basin and Milner uranium properties in Saskatchewan and is exploring other mineral property acquisition opportunities [9].
ATHA Energy Announces $25 Million LIFE Private Placement of Flow-Through Shares
Globenewswire· 2026-01-15 22:49
Core Viewpoint - ATHA Energy Corp. has announced a private placement of up to 24,510,000 flow-through shares at a price of $1.02 per share, aiming for gross proceeds of up to $25,000,200, with the potential to increase to C$28,750,230 if an additional option is fully exercised [1][2]. Group 1: Offering Details - The offering will be conducted by Canaccord Genuity Corp. and CIBC World Markets as co-lead agents and joint bookrunners [1]. - The expected closing date for the offering is around February 5, 2026, subject to regulatory approvals [4]. - The flow-through shares will be offered to purchasers in Canada and other qualifying jurisdictions, exempt from certain conditions under National Instrument 45-106 [5]. Group 2: Use of Proceeds - The gross proceeds from the sale of the flow-through shares will be used to incur eligible "Canadian exploration expenses" related to the Company's projects in Canada, specifically for flow-through critical mineral mining expenditures [3]. - The Company plans to renounce all qualifying expenditures to subscribers of the flow-through shares by December 31, 2026 [3]. Group 3: Company Overview - ATHA Energy Corp. is focused on the acquisition, exploration, and development of uranium assets, with a portfolio that includes three 100%-owned uranium projects and a large exploration land package exceeding 7 million acres [8]. - The Company also holds a 10% carried interest in key exploration projects in the Athabasca Basin operated by NexGen Energy Ltd. and IsoEnergy Ltd [9].
New Break Announces $506,000 Non-Brokered Private Placement Offering of Flow-Through Shares
TMX Newsfile· 2025-12-29 23:38
Core Viewpoint - New Break Resources Ltd. is planning a non-brokered private placement offering of up to 1,405,000 flow-through common shares at a price of $0.36 per share, aiming for gross proceeds of up to $505,800 to fund exploration activities [1][2]. Group 1: Offering Details - The offering consists of flow-through shares that will qualify for Canadian Exploration Expenses (CEE) and flow-through mining expenditures as defined by the Income Tax Act (Canada) [2]. - Proceeds from the offering will be allocated to the first phase of a planned 10,000+ metre drilling program at the Moray gold project, located approximately 49 km south of Timmins, Ontario [2]. - The closing of the offering is expected on December 30, 2025, subject to necessary approvals, including from the Canadian Securities Exchange [4]. Group 2: Financial Aspects - The gross proceeds from the offering are projected to be up to $505,800, which will be utilized for exploration expenses related to the Moray gold project [1][2]. - Finder's fees may be payable to qualified individuals, potentially amounting to up to 6% of the gross proceeds from the offering [3]. Group 3: Company Overview - New Break Resources Ltd. is a Canadian mineral exploration company focused on the Moray gold project and holds a 20% carried interest in the Sundog gold project in Nunavut [6]. - The Moray gold project is strategically located near existing infrastructure and is in proximity to the Young-Davidson gold mine operated by Alamos Gold Inc. [6].
Volta Announces Closing of $2.8 Million Oversubscribed and Upsized Private Placement
TMX Newsfile· 2025-12-23 22:43
Core Viewpoint - Volta Metals Ltd. has successfully closed an oversubscribed non-brokered private placement, raising gross proceeds of $2,810,508 through the issuance of 12,219,601 common shares at a price of $0.23 per share, marking a significant milestone for the company [1][6]. Financing Details - The private placement was oversubscribed, indicating strong investor interest and confidence in the company's strategy [1][6]. - The funds raised will be utilized for eligible Canadian exploration expenses, specifically for flow-through critical mineral mining expenditures, on or before December 31, 2026 [3]. - A director of the company participated in the offering, acquiring 87,000 FT Shares, which is classified as a related party transaction [4]. Use of Proceeds - The company plans to initiate a second-phase drill program to further explore the recently acquired Springer advanced Rare Earth and Gallium Deposit, as well as the Aki Critical Minerals Project [3]. - All qualifying expenditures will be renounced in favor of the subscribers of the FT Units by December 31, 2025 [3]. Compensation and Regulatory Compliance - In connection with the offering, the company paid commissions totaling $163,560 in cash and issued 711,132 finder warrants, which allow the purchase of common shares at the same price for a period of 24 months [5]. - The offering is subject to a statutory hold period of four months and one day, and requires regulatory approvals, including from the Canadian Securities Exchange [5]. Company Overview - Volta Metals Ltd. is a mineral exploration company based in Toronto, focusing on critical minerals such as rare earths, gallium, lithium, cesium, and tantalum [7]. - The company is actively exploring a portfolio of projects in Ontario, a region recognized for its potential in hard-rock critical minerals [7].