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Stakeholder Gold Closes Two Tranches of Flow-Through Financing
TMX Newsfile· 2026-03-19 20:30
Core Viewpoint - Stakeholder Gold Corp. has successfully closed two tranches of a non-brokered flow-through private placement, raising a total of $2,290,000 for exploration activities in 2026 [1][2]. Funding Details - The first tranche was priced at $1.10 per unit for 1,000,000 units, while the second tranche was priced at $1.19 per unit for another 1,000,000 units [2]. - Each flow-through unit consists of one common share and one half of a common share purchase warrant, with the warrant allowing the purchase of an additional common share at $1.20 for two years [3]. Warrant Provisions - The warrants have an early exercise provision that can be triggered if the 10-day average price of common shares exceeds $1.50, after which unexercised warrants will become void after 30 days [4]. Exploration Plans - The funds raised will be allocated to eligible Canadian exploration expenditures, including both Critical and non-Critical Mineral exploration expenses, with plans to incur these expenditures on exploration properties in Canada [6]. - The company aims to begin drilling in the Skye and East (gold) and Loki (copper) zone targets after the Spring snow melt, with updates expected for shareholders prior to drilling [5][6]. Project Overview - Stakeholder Gold Corp. holds 100% ownership of 930 mineral claims covering 18,520 hectares in the White Gold District of Yukon, Canada, known as the Ballarat Gold-Copper Project [8]. - The company is advancing exploration initiatives on the Skye Gold Zone and the Loki Copper Zone, which are approximately 8 km apart, indicating potential for new discoveries [9]. Additional Operations - Stakeholder also generates cash flow from the production and sale of exotic stones through its Brazilian subsidiary, Mineração VMC Ltda., which operates four independent stone quarries [9].
Trailbreaker Resources Announces Increase to Flow-Through Financing from $3m to $3.5m
Thenewswire· 2026-03-03 12:45
Core Viewpoint - Trailbreaker Resources Ltd. has successfully oversubscribed its non-brokered private placement offering, raising a total of $3.5 million, exceeding the initial target of $3 million [1]. Group 1: Offering Details - The offering consists of two types of securities: - Up to 2,500,000 CMETC flow-through units at a price of $0.56 per unit, aiming to raise up to $1.4 million [1]. - Up to 4,200,000 flow-through units at a price of $0.50 per unit, aiming to raise up to $2.1 million [1]. - Each CMETC FT Unit includes 1 common share and ½ of a common share purchase warrant, while each FT Unit includes 1 common share and ½ of a common share purchase warrant [1]. Group 2: Use of Proceeds - The proceeds from the offering will be allocated to fund critical mineral exploration expenses and advance various exploration projects [3][4]. - The funds will be used to incur eligible "Canadian exploration expenses" and "flow-through mining expenditures" as defined by the Income Tax Act [3]. Group 3: Regulatory and Compliance - The offering is subject to acceptance by the TSX Venture Exchange and will have a hold period of four months plus one day from closing [2]. - The Qualifying Expenditures will be incurred on or before December 31, 2027, and will be renounced to the initial purchasers effective December 31, 2026 [3].
Chibougamau Independent Mines Completes “Flow-Through” Financing
Globenewswire· 2025-12-30 22:00
Core Viewpoint - Chibougamau Independent Mines Inc. has successfully completed a private placement, raising approximately $200,000 through the issuance of 689,655 "flow-through" shares at a price of $0.29 per share, which will be utilized for exploration on its Lac Chibougamau property in Québec [1]. Group 1 - The private placement resulted in a total of 61,755,191 common shares of Chibougamau being issued and outstanding [2]. - The newly issued shares are subject to a four-month hold period, which will expire on May 1, 2026 [2].
Stallion Uranium Announces Increase to Flow-Through Financing and Completes Private Placement
Globenewswire· 2025-12-30 21:50
Core Viewpoint - Stallion Uranium Corp. has successfully closed a non-brokered private placement, raising gross proceeds of $7,723,064 through the issuance of 17,162,365 flow-through shares at a price of $0.45 per share [1][2]. Group 1: Financial Details - The gross proceeds from the flow-through shares will be allocated to eligible Canadian exploration expenses related to the company's uranium projects in the Athabasca Basin, Saskatchewan, to be incurred by December 31, 2026 [2]. - All qualifying expenditures will be renounced in favor of the subscribers of the flow-through shares effective December 31, 2025 [2]. - The company paid cash fees to various finders totaling $525,000, with specific amounts allocated to different firms [4]. Group 2: Company Overview - Stallion Uranium is focused on uranium exploration in the Athabasca Basin, which is known for having the largest high-grade uranium deposits globally [6]. - The company holds the largest contiguous project in the Western Athabasca Basin, adjacent to multiple high-grade discovery zones, in partnership with Atha Energy [6]. - Stallion is committed to responsible exploration and utilizes advanced technology, such as proprietary Haystack TI technology, to enhance its operations in the clean energy sector [6].
Tartisan Nickel Corp. Closes Additional $150,000 Flow-Through Financing at $0.20 per Share
TMX Newsfile· 2025-12-30 13:16
Core Viewpoint - Tartisan Nickel Corp. has successfully closed an additional $150,000 in flow-through financing through the issuance of 750,000 flow-through shares at a price of $0.20 per share, aimed at advancing exploration and development work at its Kenbridge Nickel-Copper-Cobalt Project [1][2]. Group 1 - The gross proceeds from the financing will be utilized for exploration and development at the Kenbridge Nickel-Copper-Cobalt Project, which is 100% owned by the company and located in the Kenora Mining District, Northwestern Ontario [2]. - A 6% commission was paid in cash, along with 6% broker warrants to eligible agents, with each warrant exercisable at $0.20 and expiring twelve months from the date of issue [2]. - The securities issued under this private placement are subject to regulatory approval and applicable statutory holding periods [3]. Group 2 - Tartisan Nickel Corp. is a Canadian-based critical minerals exploration and development company, owning 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 (CSE: TN), with 148,049,041 shares outstanding and 152,147,756 fully diluted [5].
Exploits Closes Charity Portion of its Flow Through Financing with Quebec Funds
TMX Newsfile· 2025-12-24 18:34
Core Viewpoint - Exploits Discovery Corp. has successfully closed the charity portion of its flow-through non-brokered private placement, raising approximately $1.45 million to fund its exploration activities in Québec [1][2]. Group 1: Financing Details - The company issued a total of 16,666,666 flow-through common shares at a price of $0.087, resulting in total proceeds of $1,449,999.94 [1]. - The shares are subject to a hold period expiring on April 25, 2026, in accordance with Canadian securities laws [1]. - A cash finder's fee of $28,000 was paid to eligible finders, with no finder's warrants issued [5]. Group 2: Use of Proceeds - The gross proceeds from the financing will be allocated to eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" in connection with the company's exploration portfolio in Québec [3]. - The company plans to incur these qualifying expenditures on or before December 31, 2026, and will renounce them to the subscribers of the Charity FT Shares by December 31, 2025 [4]. Group 3: Company Strategy and Operations - The financing is seen as an endorsement of the company's strategy in Québec, enabling the execution of its winter drilling program on high-priority targets [2]. - Exploits Discovery is focused on advancing its gold projects in Québec, which include approximately 680,000 ounces of historical gold resources across multiple projects [9].
Stallion Uranium Announces Increase to Flow-Through Financing
Globenewswire· 2025-12-17 12:45
Core Viewpoint - Stallion Uranium Corp. has announced an increase in its non-brokered private placement to gross proceeds of up to $6,013,250, aimed at funding eligible Canadian exploration expenses related to its uranium projects in the Athabasca Basin, Saskatchewan [1][2]. Group 1: Financial Details - The private placement consists of flow-through shares priced at $0.45 each, with proceeds designated for qualifying expenditures on uranium projects [1][2]. - All qualifying expenditures will be renounced in favor of the subscribers of the flow-through shares effective December 31, 2025 [2]. Group 2: Regulatory and Compliance - The offering is subject to approval from the TSX Venture Exchange, and all securities distributed will have a hold period of four months and one day following the closing date [3]. - The company may pay finders fees in accordance with TSX Venture Exchange policies [3]. Group 3: Company Overview - Stallion Uranium is focused on uranium exploration in the Athabasca Basin, which contains the largest high-grade uranium deposits globally, covering approximately 1,700 square kilometers [5]. - The company, in partnership with Atha Energy, holds the largest contiguous project in the Western Athabasca Basin, adjacent to multiple high-grade discovery zones [5]. - Stallion is committed to responsible exploration and utilizes advanced technology, including proprietary Haystack TI technology, positioning itself as a key player in the clean energy sector [5].
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]