Flow - Through Shares
Search documents
New Break Announces $506,000 Non-Brokered Private Placement Offering of Flow-Through Shares
TMX Newsfile· 2025-12-29 23:38
Toronto, Ontario--(Newsfile Corp. - December 29, 2025) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement offering of up to 1,405,000 flow-through common shares ("FT Shares") at a price of $0.36 per FT Share, for gross proceeds of up to $505,800 (the "Offering"). Each FT Share will qualify as a "flow-through share" (within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the "Act"). The gr ...
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].
Vision Lithium Announces Closing of Flow-Through Private Placement
TMX Newsfile· 2025-12-23 12:00
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVal-d'Or, Quebec--(Newsfile Corp. - December 23, 2025) - Vision Lithium Inc. (TSXV: VLI) (OTCQB: ABEPF) (FSE: 1AJ2) (the "Company" or "Vision Lithium") is pleased to announce the completion of a non-brokered private placement of 14,000,000 common shares in the capital of the Company, each qualifying as a "flow-through share" within the meaning of subsection 66(15) of the Income Tax Act (Canada) and section 359.1 of the ...
Doubleview Gold Corp Closes First Tranche of $725,100, Non-Brokered Private Placement
TMX Newsfile· 2025-12-23 03:19
Core Viewpoint - Doubleview Gold Corp has successfully closed the first tranche of its non-brokered private placement, raising a total of $725,099.70 through the issuance of flow-through units [1][2]. Group 1: Private Placement Details - The first tranche involved the issuance of 557,769 flow-through units at a price of $1.30 per unit, resulting in gross proceeds of $725,099.70 [2]. - Each flow-through unit consists of one common share and one common share purchase warrant, with the warrants exercisable at $2.00 per share for 24 months [2]. - The proceeds from this tranche will be allocated to the exploration program for the company's projects in British Columbia, particularly the polymetallic Hat Project [3]. Group 2: Financial and Regulatory Aspects - The company will pay finders fees totaling $2,502.50 in cash and issue 1,925 non-transferable finders warrants under the same terms as the flow-through units [3]. - All securities issued are subject to a four-month-and-one-day hold period, expiring on April 23, 2026, in compliance with securities laws [4]. - The private placement is pending final approval from the TSX Venture Exchange, with the company expecting to close the remaining portion in the coming weeks [4]. Group 3: Company Overview - Doubleview Gold Corp is a mineral resource exploration and development company based in Vancouver, focusing on precious and base metal projects across North America, especially in British Columbia [5]. - The company aims to enhance shareholder value through the acquisition and exploration of high-quality projects involving critical minerals such as gold, copper, cobalt, scandium, and silver [5]. - The company's success is attributed to the support of long-term shareholders and institutional investors, which has been crucial for advancing its strategic initiatives [6].
Cascade Copper Closes First Tranche of Oversubscribed Private Placement
Thenewswire· 2025-12-19 01:15
Core Viewpoint - Cascade Copper Corp. has successfully closed the first tranche of a non-brokered private placement, raising a total of $600,000 (CDN) and plans to conduct a second tranche due to high demand [1]. Group 1: Offering Details - The first tranche included the issuance of 7,800,000 Critical Minerals Flow-Through units at $0.04 each and 8,000,002 Non-Flow-Through Units at $0.036 each, with each unit consisting of one common share and one-half common share purchase warrant [2]. - Each full warrant is exercisable into a common share at a price of $0.05 for a period of 36 months from the closing date of the final tranche [2]. - The offering is subject to regulatory approvals, including acceptance from the Canadian Securities Exchange, and all securities will have a four-month hold period from the closing date [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, with the company relying on exemptions from valuation requirements and minority approval [4]. Group 4: Company Overview - Cascade Copper is an exploration stage natural resource company focused on evaluating, acquiring, and exploring copper-based mineral resource properties, particularly in British Columbia and Ontario [8]. - The company is utilizing modern technology for exploration, including 3D inversion modeling and AI-enhanced predictive modeling, and has plans for drilling on several copper projects this year [8].
Abitibi Closes Bought Deal Public Offering of Common Shares and Flow-Through Shares
Thenewswire· 2025-12-16 13:35
December 16, 2025 – TheNewswire - London, ON. – Abitibi Metals Corp. (CSE: AMQ) (OTCQB: AMQFF) (FSE: FW0) (“Abitibi” or the “Company”) is pleased to announce that it has closed its previously announced bought deal public offering (the “Offering”), led by BMO Capital Markets, as sole bookrunner and lead underwriter, together with Haywood Securities Inc., as co-lead manager, ATB Securities Inc., Desjardins Securities Inc., Paradigm Capital Inc. and Stifel Nicolaus Canada Inc. (collectively, the “Underwrite ...
Silver North Announces Increase in Flow Through Share Private Placement
Thenewswire· 2025-12-16 12:30
Core Viewpoint - Silver North Resources Ltd. has announced an increase in its non-brokered private placement, aiming for gross proceeds of up to $2,250,500 from the sale of 6,430,000 flow-through shares at a price of $0.35 per share [1][2]. Group 1: Offering Details - The Offering is fully subscribed and will close shortly [2]. - The proceeds from the sale of flow-through shares will be used to incur eligible Canadian exploration expenses related to the Company's Yukon projects, with a deadline for incurring these expenses set for December 31, 2026 [3]. Group 2: Company Overview - Silver North's primary assets include the 100% owned Haldane Silver Project, the Tim Silver Project (under option to Coeur Mining, Inc.), and the GDR project, all located in favorable jurisdictions for silver mining [4]. - The Company is listed on the TSX Venture Exchange under the symbol "SNAG" and also trades on the OTCQB market in the United States under the symbol "TARSF" [5].
Vision Lithium Announces Flow-Through Private Placement for Gross Proceeds of up to $500,000
TMX Newsfile· 2025-12-16 12:00
Val-d'Or, Quebec--(Newsfile Corp. - December 16, 2025) - Vision Lithium Inc. (TSXV: VLI) (OTCQB: ABEPF) (FSE: 1AJ2) (the "Company" or "Vision Lithium") is pleased to announce a proposed non-brokered private placement of up to 25,000,000 common shares of the Company that will qualify as "flow-through shares" within the meaning of subsection 66(15) of the Income Tax Act (Canada) and section 359.1 of the Taxation Act (Quebec) (the "Flow-Through Shares"), at a price of $0.02 per share for aggregate gross proce ...
Galway Metals Announces Closing of Brokered LIFE Offering for Gross Proceeds of C$11.5 Million and a Separate Non-Brokered Private Placement for Gross Proceeds of Approximately C$462,000
Globenewswire· 2025-12-10 16:07
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Galway Metals Inc. (TSX-V: GWM) (the "Company" or “Galway”) is pleased to announce the closing of its previously announced “best efforts” private placement (the “Offering”) for aggregate gross proceeds of approximately C$11,500,000, which includes the exercise in full of the agent’s option. Pursuant to the Offering, the Company sold (i) 4,629,630 units of the Company ...
Cosa Announces Upsized C$7.5 Million Private Placement
Globenewswire· 2025-11-14 18:23
Core Viewpoint - Cosa Resources Corp. has announced an increase in the size of its private placement offering, aiming to raise up to approximately C$7,500,000 through the sale of various types of units and shares [1][4]. Group 1: Offering Details - The offering includes up to 11,538,462 hard dollar units at C$0.26 per unit, up to 7,537,690 charity flow-through units at C$0.398 per unit, and up to 5,000,000 flow-through common shares at C$0.30 per share [1]. - Each unit consists of one common share and one-half of a common share purchase warrant, while each charity flow-through unit consists of one flow-through share and one-half of a warrant [2]. - The total gross proceeds from the offering are expected to be used for exploration and working capital, with specific allocations for Canadian exploration expenses related to uranium projects in the Athabasca Basin [4]. Group 2: Regulatory and Financial Aspects - The offering will be conducted under exemptions from registration requirements in Canada and the United States, with a hold period of four months plus one day for the issued shares [5][8]. - A cash commission of 5.0% will be paid to agents on the gross proceeds, with a reduced commission of 3.0% for certain purchasers on a president's list [7]. Group 3: Company Background and Strategic Initiatives - Cosa Resources is a Canadian uranium exploration company with a portfolio of approximately 237,000 hectares in the Athabasca Basin, focusing on underexplored projects [10]. - The company has a strategic collaboration with Denison Mines, enhancing its access to additional uranium exploration projects [11]. - Cosa's management team has a proven track record in uranium exploration, having received awards for significant discoveries in the region [12].