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Stallion Uranium Announces Increase to Flow-Through Financing
Globenewswire· 2025-12-17 12:45
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the “Company” or “Stallion”) (TSX-V: STUD; OTCQB: STLNF; FSE: B76) is pleased to announce that, further to its news release dated December 12, 2025, it has increased its non-brokered private placement to gross proceeds of up to $ 6,013,250, consisting of flow-through shares of the Company to be issued as a “flow-through shar ...
North American Niobium and Critical Minerals Corp. Announces Private Placement of Flow-Through Shares
Globenewswire· 2025-12-04 23:49
Core Viewpoint - North America Niobium and Critical Minerals Corp. is initiating a non-brokered private placement to raise up to $1,000,000 through the issuance of flow-through common shares at a price of $1.45 per share, aimed at advancing exploration programs in Quebec [1][5]. Group 1: Offering Details - The company plans to issue up to 689,655 flow-through common shares at $1.45 each, with gross proceeds expected to reach $1,000,000 [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, specifically for flow-through critical mineral mining expenditures, with a commitment to incur these expenses by December 31, 2026 [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]. - All securities issued will be subject to a statutory hold period of four months plus a day from the issuance date [4]. Group 3: Company Overview - North American Niobium and Critical Minerals Corp. 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].
First American Uranium Announces Closing of Oversubscribed $2.86m Flow-Through Financing
Globenewswire· 2025-11-18 12:30
Core Viewpoint - First American Uranium Inc. successfully closed an oversubscribed non-brokered private placement of flow-through common shares, raising gross proceeds of approximately $2.86 million, which will be allocated for exploration expenses in Quebec [1][2]. Group 1: Financial Details - The company issued 2,073,262 flow-through common shares at a price of $1.38 per share, resulting in gross proceeds of $2,861,101.56 [1]. - The funds raised will be used for eligible "Canadian exploration expenses" that qualify as "flow-through critical mineral mining expenditures" under the Income Tax Act (Canada) [2]. - The company paid finder's fees totaling $194,674.31 in cash and issued 141,068 common share purchase warrants, each exercisable at $1.38 for 24 months [3]. Group 2: Insider Participation - An insider subscribed for 36,000 flow-through shares, which is classified as a "related party transaction" under Multilateral Instrument 61-101 [4]. - The company relied on exemptions from formal valuation and minority shareholder approval requirements due to the transaction's size relative to the company's market capitalization [4]. Group 3: Use of Proceeds - The net proceeds from the offering will be directed towards exploration work programs, mineral property acquisitions, marketing, and general working capital [5]. Group 4: 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 [7][8]. - The Quebec properties enhance the company's exposure to critical minerals, including rare earth elements, niobium, and nickel-copper occurrences, which are vital for energy and defense applications [8].
Lomiko Metals Announces Closing of Flow-Through Financing
Businesswire· 2025-11-13 23:05
Core Points - Lomiko Metals Inc. has successfully closed a non-brokered private placement for approximately $800,000 through the issuance of 6,666,666 flow-through common shares at a price of $0.12 per share [1][3] - The proceeds from this financing will be allocated towards strategic initiatives, including resource exploration expenses related to the La Loutre project and the Yellow Fox property [3][4] - The company has reported a significant increase in mineral resources at the La Loutre project, with an updated estimate showing 64.7 million tonnes of Indicated Mineral Resources averaging 4.59% Cg per tonne, representing a 184% increase from previous estimates [6] Financing Details - The company paid cash finder's fees of $45,600 and issued 380,000 Finder's Warrants, allowing the purchase of common shares at $0.24 for two years [2] - All securities issued are subject to a hold period expiring four months and one day from their issuance date [2] Project Information - The La Loutre project is located in southern Quebec and consists of 76 mineral claims covering 4,528 hectares [4] - The Yellow Fox property is an early-stage exploration site located in Newfoundland, with historical samples showing significant grades of gold, antimony, and silver [10] - Lomiko also holds interests in seven early-stage projects in southern Quebec, covering a total of 18,622 hectares [7][8]
Canstar Closes Oversubscribed Hard Dollar Financing, Strengthens Balance Sheet Ahead of 2026 Exploration Program
Newsfile· 2025-10-30 11:30
Core Viewpoint - Canstar Resources Inc. has successfully closed an oversubscribed non-brokered private placement, raising approximately $1.17 million in hard-dollar financing, primarily from institutional investors, to strengthen its balance sheet ahead of its 2026 exploration program [1][2][4]. Financing Details - The Offering raised total gross proceeds of $1,169,970.54, with $1.15 million from hard-dollar units, indicating strong demand for exploration in Newfoundland [2][4]. - Canstar has raised a total of approximately $1.67 million in hard-dollar capital in recent months, including proceeds from an early warrant exercise incentive program [3]. Use of Proceeds - Proceeds will be allocated for general corporate purposes, including exploration at the Buchans, Mary March, and Golden Baie projects, as well as working capital and corporate development activities [6][12]. - The gross proceeds from the sale of flow-through units will be used to incur Canadian Exploration Expenses on the Company's Newfoundland properties [10]. Offering Structure - The Offering consisted of 17,738,008 non-flow-through units issued at a price of $0.065 per unit, generating gross proceeds of $1,152,970.54, and 200,000 flow-through units issued at a price of $0.085 per unit, generating gross proceeds of $17,000 [8][9]. - Each non-flow-through unit includes one common share and one transferable common share purchase warrant, while each flow-through unit consists of one common share and one-half of one warrant [9]. Management Commentary - The President & CEO of Canstar emphasized the strength of the financing and the company's disciplined capital strategy, highlighting the exciting exploration opportunities at the Mary March project [5].