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Argyle Announces Closing of Private Placement
TMX Newsfile· 2025-12-31 11:00
Calgary, Alberta--(Newsfile Corp. - December 31, 2025) - Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) (FSE: ME0) ("Argyle" or the "Company") is pleased to announce, further to its news release dated December 19, 2025, that it has closed a non-brokered private placement of 2,000,000 units (the "Units"), at a price of $0.15 per Unit, for gross proceeds of approximately $300,000 (the "Private Placement"). Each Unit issued under the Private Placement consists of one "flow-through" common share (a "Common ...
Atomic Minerals Announces Closing of Non-Brokered LIFE Offering and Concurrent Private Placement of $400,000
TMX Newsfile· 2025-12-31 00:23
Core Viewpoint - Atomic Minerals Corporation has successfully closed a non-brokered private placement, raising a total of $400,000 through two offerings, aimed at funding exploration expenses for its uranium projects in Canada [1][4]. Group 1: Private Placement Details - The company closed a non-brokered private placement under the Listed Issuer Financing Exemption, issuing 1,028,234 flow-through common shares at $0.125 per share, resulting in gross proceeds of $128,529 [1]. - Concurrently, the company issued 2,171,766 flow-through common shares at the same price, generating an additional $271,471 in gross proceeds [1]. - A total of $10,600 in finder's fees was paid, and 84,800 non-transferable warrants were issued, each exercisable at $0.125 for one year [3]. Group 2: Use of Proceeds - The net proceeds from both offerings will be utilized to fund Canadian exploration expenses that qualify as "flow-through mining expenditures" for the company's uranium project in Saskatchewan [4]. Group 3: Company Overview - Atomic Minerals Corporation is a publicly listed exploration company on the TSXV under the symbol ATOM, focusing on identifying exploration opportunities in underexplored regions with geological similarities to known uranium deposits [6]. - The company's property portfolio includes uranium projects in three North American locations, with significant technical merit and historical uranium production [7].
Canterra Minerals Closes $5.7M Flow-Through Private Placement to Fund Exploration in Newfoundland
Globenewswire· 2025-12-24 00:30
Core Viewpoint - Canterra Minerals Corporation has successfully closed a private placement, raising a total of C$5,705,361.51 through the issuance of Critical Minerals flow-through shares and National flow-through shares [1]. Group 1: Private Placement Details - The company issued 10,980,000 Critical Minerals flow-through shares at a price of C$0.25 per share, generating gross proceeds of C$2,745,000 [2]. - Additionally, 12,871,137 National flow-through shares were issued at a price of C$0.23 per share, resulting in gross proceeds of C$2,960,361.51 [3]. - The total gross proceeds from both share types will be utilized for Canadian exploration expenses, qualifying as "flow-through critical mineral mining expenditures" and "flow-through mining expenditures" as defined by the Income Tax Act [4]. Group 2: Use of Proceeds - The net proceeds from the private placement will be directed towards the exploration of the company's projects in central Newfoundland, specifically the Wilding Gold and Buchans Projects [5]. Group 3: Finder's Fees and Warrants - In connection with the private placement, the company paid finders fees of C$50,000 in cash and issued 135,848 non-transferable finders' warrants [6]. - The finders' warrants related to CMFT Shares are exercisable at C$0.25 per warrant, while those related to FT Shares are exercisable at C$0.23 per warrant, both valid for 12 months from issuance [6]. Group 4: Securities Regulations - The securities issued in the private placement are not registered under the United States Securities Act and cannot be offered or sold to U.S. persons without registration or an applicable exemption [8]. Group 5: Company Overview - Canterra Minerals is a diversified minerals exploration company focused on critical minerals and gold in central Newfoundland, with projects located near the historically significant Buchans Mine and Teck Resources' Duck Pond Mine [9]. - The company's gold projects are strategically located along a structural corridor that hosts mineralization within Equinox Gold's Valentine mine project [10].
First Atlantic Closes No-Warrant Private Placement Financing as Strategic Investor Exercises 9.9% Top-Up Right Under Investor Rights Agreement
Globenewswire· 2025-12-23 22:41
Core Viewpoint - First Atlantic Nickel Corp. has successfully closed a non-brokered private placement, raising gross proceeds of $2,619,316 to advance its Pipestone XL Nickel Alloy Project in Newfoundland, focusing on exploration and drilling activities [1][2][3]. Group 1: Offering Details - The Offering included 3,201,220 charity flow-through common shares at $0.2432 each and 8,765,618 flow-through common shares at $0.21 each [1]. - A strategic investor exercised its top-up rights to maintain a 9.99% ownership interest in the Company [1]. - The Company will renounce all qualifying expenditures to subscribers effective December 31, 2025 [2]. Group 2: Project Overview - The Pipestone XL Nickel Alloy Project spans a 30-kilometer area in Newfoundland, containing multiple discovery zones rich in awaruite, a nickel-iron-cobalt alloy with approximately 75% nickel content [4][19]. - Awaruite's unique properties allow for simpler processing methods, reducing environmental impacts and eliminating the need for energy-intensive smelting [6][11][12]. - The project benefits from year-round road access and proximity to hydroelectric power, enhancing its logistical advantages for exploration and development [7][20]. Group 3: Strategic Importance - Awaruite's sulfur-free composition mitigates risks associated with acid mine drainage and reduces reliance on overseas processing infrastructure, positioning the project as a key contributor to North America's nickel supply chain [11][19]. - The U.S. Geological Survey has recognized the strategic importance of awaruite deposits, suggesting they may alleviate prolonged nickel concentrate shortages [20].
Greenridge Exploration Closes Flow-Through Private Placement Financing
Globenewswire· 2025-12-22 22:29
Core Viewpoint - Greenridge Exploration Inc. has successfully closed a non-brokered private placement of flow-through units, raising gross proceeds of $2,035,977.65 to fund eligible Canadian exploration expenses related to its projects in Canada [1][2]. Group 1: Offering Details - The company issued 5,817,079 flow-through units at a price of $0.35 per unit, each consisting of one common share and one common share purchase warrant [1]. - Each warrant allows the holder to purchase one common share at a price of $0.40 for a period of 24 months from issuance [1]. - The offering is classified as a "related party transaction," with significant subscriptions from company directors and the CEO totaling $756,349.95 [3]. Group 2: Use of Proceeds - The gross proceeds from the offering will be allocated to incur eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" under the Income Tax Act (Canada) [2]. - All qualifying expenditures will be renounced in favor of the subscribers effective December 31, 2025 [2]. Group 3: Company Overview - Greenridge Exploration Inc. is a mineral exploration company focused on acquiring, exploring, and developing critical mineral projects in Canada, with interests in 21 projects covering approximately 281,100 hectares [6]. - The company has a significant portfolio in uranium, lithium, nickel, copper, and gold, with 13 uranium projects covering about 194,350 hectares [7]. - The management team possesses extensive expertise in capital raising and advancing mining projects, positioning the company to attract new investors [8].
Argyle Announces up to C$500,000 Private Placement
TMX Newsfile· 2025-12-19 21:15
Calgary, Alberta--(Newsfile Corp. - December 19, 2025) - Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) (FSE: ME0) ("Argyle" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement ("Private Placement") for gross proceeds of up to $500,000, consisting of up to 3,333,333 units (the "Units") at a price of $0.15 per Unit, with each Unit consisting of one "flow-through" common share (a "Common Share") and one-half of one Common Share purchase warrant (each, a "H ...
Fuerte Completes C$17.25 Million Brokered Private Placement
TMX Newsfile· 2025-12-18 13:15
Vancouver, British Columbia--(Newsfile Corp. - December 18, 2025) - Fuerte Metals Corporation (TSXV: FMT) (OTCQB: FUEMF) ("Fuerte" or the "Company") is pleased to announce that it has closed its previously announced brokered private placement for aggregate gross proceeds of C$17,249,933 (the "Offering"). The Offering was comprised of:(i) 1,380,950 flow-through common shares of the Company (the "FT Shares"), each of which will qualify as a "flow-through share" (within the meaning of the Income Tax Act (Cana ...
First Atlantic Announces a No Warrant Private Placement Financing to Advance the Pipestone XL Project
TMX Newsfile· 2025-12-17 22:05
Vancouver, British Columbia--(Newsfile Corp. - December 17, 2025) - First Atlantic Nickel Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) ("FAN" or the "Company") announces a fully allocated non-brokered private placement (the "Offering") of flow-through common shares only, with no warrants, for aggregate gross proceeds of up to $2,944,780 from the sale of a combination of the following:Up to 4,971,219 charity flow-through common shares (each, a "CFT Share") issued at a price of $0.2432 per CFT Share on a "flo ...
Silver North Announces $2.1 Million Flow Through Share Private Placement
Thenewswire· 2025-12-11 21:30
Core Viewpoint - Silver North Resources Ltd. is conducting a non-brokered private placement to raise up to $2,100,000 through the sale of 6 million flow-through shares at a price of $0.35 per share, aimed at funding eligible Canadian exploration expenses related to its Yukon projects [1][2]. Use of Proceeds - The proceeds from the sale of flow-through shares will be allocated to exploration activities at the Haldane Project and GDR mineral properties in Yukon Territory, with follow-up drilling planned at the Main Fault target at Haldane [5]. Company Overview - Silver North Resources Ltd. owns the Haldane Silver Project, Tim Silver Project, and GDR project, and is looking to acquire additional silver properties in favorable jurisdictions [6]. - 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" [7]. Finder's Fees - The company plans to pay finders' fees of 7% in cash and 7% in non-transferable warrants in connection with the offering, subject to TSX Venture Exchange policies [3]. Regulatory Compliance - The completion of the offering and payment of finders' fees are contingent upon receiving all necessary regulatory approvals, including those from the TSX Venture Exchange [3].
Aventis Energy Closes Second Tranche of Flow-Through Private Placement Financing
Globenewswire· 2025-11-21 22:17
Core Viewpoint - Aventis Energy Inc. has successfully closed the second tranche of its non-brokered private placement, raising C$1,006,000.60 through the issuance of 2,453,660 flow-through shares, which will be used for exploration on its project portfolio [1][3]. Financing Details - The flow-through shares were sold at a price of C$0.41 each, contributing to total gross proceeds of C$1,006,000.60 in this tranche [1]. - A total of C$60,360.04 was paid in cash as finder's fees, along with the issuance of 147,219 finder's warrants, each allowing the purchase of one common share at the same price for 24 months [4]. Use of Proceeds - The proceeds from the offering will be allocated towards eligible Canadian exploration expenses, qualifying as flow-through mining expenditures under the Income Tax Act (Canada) [3]. Company Overview - Aventis Energy Inc. is focused on mineral exploration, particularly in battery, base, and precious metals, with ongoing projects including the Corvo Uranium and Sting Copper Projects [6]. - The Corvo Uranium property has shown historical drill results with uranium mineralization, including high-grade surface samples [7]. - The Sting Copper Project spans approximately 12,700 hectares, with recent drilling results indicating significant copper mineralization [8].