Workflow
Flow - through share
icon
Search documents
Cascade Copper Closes Financing
Thenewswire· 2025-10-08 21:00
 Vancouver, British Columbia – October 8, 2025 – TheNewswire - Cascade Copper Corp. (CSE: “CASC”) (“Cascade” or the “Company”) is pleased to announce that it has fully closed the previously announced non-brokered private placement of units (“Units”), for aggregate gross proceeds of $401,255. The offering closed in three tranches.The Offering consisted of the issuance of an aggregate of 2,875,000 Critical Minerals FT Units (the “FT Unit”) at a price of $0.04 per FT Unit and 8,178,713 Non-Flow-Through Units ...
Red Canyon Closes Over-Subscribed Financing Backed By Strategic Lead Order
Thenewswire· 2025-09-18 19:35
Vancouver, British Columbia, September 18, 2025 – TheNewswire -   Red Canyon Resources Ltd. (“Red Canyon” or the “Company”) (CSE: REDC | OTCQB: REDRF) is pleased to announce it has completed a non-brokered charity flow-through private placement (“Charity FT Offering”) to issue 8,525,295 Charity Flow Through Common Shares ("Charity FT Shares") of the Company at a price of $0.272 per Charity FT Share for gross proceeds of $2,318,880. Teck Resources Limited (“Teck”) has acquired a 9.9% equity interest in the ...
Emperor Metals Announces $6.5 Million "Best Efforts" Private Placement
Newsfile· 2025-09-10 11:30
Core Viewpoint - Emperor Metals Inc. has entered into an agreement with SCP Resource Finance LP to act as lead agent for a financing offering aimed at raising gross proceeds of up to $6,500,080 [1][2] Financing Details - The offering consists of up to 12,500,000 Common Units priced at $0.20 each for gross proceeds of up to $2,500,000 and up to 14,286,000 flow-through units priced at $0.28 each for gross proceeds of up to $4,000,080 [8] - The Agents have an option to increase the offering size by up to an additional 15% prior to closing [2] Use of Proceeds - Net proceeds from the offering will be utilized to advance the Duquesne West Project and Lac Pelletier Project in Quebec, along with general administrative expenses and working capital [10] Project Potential - The company has reported a Maiden Mineral Resource Estimate at the Duquesne West Property, effectively doubling the historical resource, indicating significant growth potential through targeted exploration [4][5] - Recent drilling results include 21.7 meters of 35.2 g/t Au and 10.8 meters of 15.8 g/t Au, highlighting the scale and quality of the deposit [5] Regulatory and Compliance - The Offered Securities will be available under the "listed issuer financing exemption" and may also be offered in the United States through private placements [6][10] - Closing of the offering is expected around October 7, 2025, subject to regulatory approvals [12] Company Overview - Emperor Metals Inc. is focused on high-grade gold exploration and development in Quebec's Southern Abitibi Greenstone Belt, utilizing AI-driven exploration techniques [13] - The company is led by experienced professionals with a strong track record in advancing mining projects [14]
First Mining Announces Public Offering and Non-Brokered Private Placement for up to $20 Million
Globenewswire· 2025-07-14 20:09
Core Viewpoint - First Mining Gold Corp. has announced a public offering of up to 27,800,000 units at a price of $0.18 per unit, aiming for gross proceeds of up to $5,004,000, alongside a non-brokered private placement for additional funding [1][5]. Offering Details - The public offering will consist of units, each comprising one common share and one-half of a common share purchase warrant, with warrants priced at $0.27 per share, valid for 36 months [2][3]. - An over-allotment option allows agents to purchase an additional 15% of the units at the offering price, exercisable up to 48 hours before closing [4]. - The non-brokered private placement aims to raise up to $15,008,600 through 55,600,000 units and 22,730,000 flow-through units priced at $0.22 each [5][6]. Use of Proceeds - Proceeds from the offerings will be allocated to advancing the Springpole and Duparquet gold projects, as well as for general working capital [7]. - Funds from the flow-through units will be used for eligible Canadian exploration expenses related to the gold projects, with expenditures to be renounced by December 31, 2025 [7]. Timeline and Regulatory Approval - The public offering is expected to close around July 22, 2025, while the non-brokered offering is anticipated to close by August 5, 2025, pending Toronto Stock Exchange approval [8]. Company Overview - First Mining Gold Corp. is focused on developing two major gold projects in Canada: the Springpole Gold Project and the Duparquet Project, along with other gold project interests [12].
Mustang Announces Closing of First Tranche of Non-Brokered Private Placement
Globenewswire· 2025-07-09 22:31
Core Viewpoint - Mustang Energy Corp. has successfully closed the initial tranche of a $3,000,000 non-brokered private placement, raising C$1,172,292.99 to fund its uranium exploration projects in the Athabasca Basin, Saskatchewan [1][3]. Group 1: Financial Details - The initial tranche consisted of NFT Units and FT Units, with each NFT Unit comprising one common share and one share purchase warrant, while each FT Unit consists of one flow-through share and one warrant [2]. - The warrants allow holders to purchase one non-flow-through share at a price of C$0.21 for a period of 36 months following the issuance [2]. - The company paid finder's fees totaling $79,875.46 in cash and issued 571,312 Finder's Warrants to Red Cloud Securities Inc. as the lead finder [5]. Group 2: Use of Proceeds - Proceeds from the initial tranche will be allocated to the exploration of uranium projects in the Athabasca Basin and for general working capital [3]. - The gross proceeds from the issuance of FT Shares will be used to incur Canadian exploration expenses and flow-through critical mineral mining expenditures, which will be renounced to purchasers by December 31, 2025 [3]. Group 3: Company Overview - Mustang Energy Corp. focuses on acquiring and developing high-potential uranium and critical mineral assets, holding 77,318 hectares in the Athabasca Basin [7]. - The flagship property, Ford Lake, covers 7,743 hectares in the eastern Athabasca Basin, with additional projects including Cigar Lake East and Roughrider South [7][8].
Brixton Metals Announces Flow-Through Private Placement of $2.3 Million
Globenewswire· 2025-07-07 11:30
Group 1 - Brixton Metals Corporation announced a non-brokered private placement offering of 17,692,308 flow-through common shares at a price of $0.13 per share, aiming for gross proceeds of $2,300,000 [1][2] - The proceeds from the offering will be utilized for drilling at the Company's Thorn Project located in British Columbia [2] - The offering is subject to acceptance by the TSX Venture Exchange, and there may be finder’s fees payable to individuals who introduce subscribers to the offering [2] Group 2 - The securities issued in the offering will be subject to a hold period of four months and one day in accordance with Canadian securities laws [2] - The news release includes forward-looking statements regarding future business and financial performance, including potential mineral quantities and exploration plans [3] - The Company does not undertake to update any forward-looking information except as required by applicable securities laws [4]
GFG Announces C$2.5 Million Flow-Through Private Placement
Newsfilter· 2025-04-03 10:30
Core Viewpoint - GFG Resources Inc. is conducting a private placement to raise up to C$2.5 million, with Alamos Gold Inc. committing to maintain a 10.8% interest in the company through this offering [1][2]. Group 1: Offering Details - The offering will consist of up to 9,201,325 Premium Units priced at C$0.2717 each, with each unit comprising one common share and one-half of a share purchase warrant [2]. - Each whole warrant allows the holder to acquire an additional common share at an exercise price of C$0.28 for 24 months from issuance [2]. - The offering is expected to close around May 2, 2025, pending necessary approvals [4]. Group 2: Financial Implications - The financing will enhance GFG's exploration efforts and improve its financial position, enabling the company to capitalize on opportunities and create shareholder value [2]. - The company may pay finder's fees of up to 6% on a portion of the offering [4]. Group 3: Regulatory and Compliance Aspects - The Premium Units will be offered to accredited investors and other qualifying jurisdictions under National Instrument 45-106, with no hold period for the securities issued [5]. - Certain insiders are expected to participate in the offering, which will be treated as a related party transaction under Multilateral Instrument 61-101 [6].