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Aero Energy Announces Closing of Charity Flow-Through Private Placement
TMX Newsfile· 2026-03-27 21:51
Core Viewpoint - Aero Energy Limited has successfully closed a non-brokered private placement of charity flow-through units, raising gross proceeds of $1,000,000 to fund eligible Canadian exploration expenses related to its projects in Saskatchewan [1][3]. Group 1: Private Placement Details - The company closed the offering of 1,694,916 charity flow-through units at a price of $0.59 per unit, with each unit consisting of one flow-through common share and one share purchase warrant [1]. - Each warrant allows the purchase of one common share at a price of $0.60 until March 27, 2028 [1]. - A separate subscription receipt offering of up to 26,250,000 receipts at $0.40 each is expected to close around March 31, 2026, with potential gross proceeds of up to $10,500,000 [2]. Group 2: Use of Proceeds - The gross proceeds from the charity flow-through unit offering will be used for eligible Canadian exploration expenses and flow-through critical mineral mining expenditures related to the company's projects in Saskatchewan [3]. - These qualifying expenditures will be renounced in favor of the subscribers effective December 31, 2026 [3]. Group 3: Company Overview - Aero Energy Limited has a robust portfolio of uranium assets in North America, particularly in Saskatchewan's Athabasca Basin, which includes the Strike and Murmac projects [5]. - The company has merged with Kraken Energy Corp., enhancing its asset base with high-grade U.S. properties, including the Apex Uranium Property and Huber Hills Property in Nevada [5]. - The strategic merger positions Aero to capitalize on the growing global demand for uranium and unlock significant high-grade mineralization [5].
Hi-View Closes Non-Brokered Private Placements
Thenewswire· 2026-03-23 21:20
Core Viewpoint - Hi-View Resources Inc. has successfully closed two non-brokered private placements, raising a total of approximately $4.18 million for general working capital and exploration activities in British Columbia's Toodoggone region [1][2]. Group 1: Private Placement Details - The first private placement involved 6,574,999 units at a price of $0.30 per unit, generating gross proceeds of $1,972,499.70. Each unit includes one common share and one-half of a transferable common share purchase warrant, with the whole warrant allowing the purchase of an additional share at $0.45 for 24 months [1]. - The second private placement consisted of 6,140,552 flow-through shares priced at $0.36, resulting in gross proceeds of $2,210,598.72. These proceeds will be allocated to eligible Canadian exploration expenses related to critical mineral mining [2]. Group 2: Related Party Transactions - Directors and officers of the Company participated in the private placements, which qualifies as a related party transaction under Multilateral Instrument 61-101. This participation is exempt from formal valuation and minority shareholder approval requirements [3]. Group 3: Financial Fees and Warrants - In connection with the private placements, Hi-View paid total cash finders' fees of $194,195.90 and issued 578,432 Broker Warrants, each exercisable for one common share at an exercise price of $0.45 for two years [4]. Group 4: Company Overview - Hi-View Resources Inc. is a publicly listed mineral exploration company focused on gold, silver, and copper assets in the Toodoggone region of northern British Columbia. The Company holds over 27,791 hectares across several high-priority projects, including the Lawyers East Project, Borealis Project, and Golden Stranger Project [5].
HM Exploration Announces $1.5 Million LIFE Flow-Through Offering
Globenewswire· 2026-03-20 21:00
Core Viewpoint - HM Exploration Corp. plans to complete a non-brokered private placement to raise up to C$1,500,000 through the sale of "flow-through" units, aimed at funding exploration expenses in Newfoundland, Canada [1][6]. Group 1: Offering Details - The private placement will consist of up to 2,955,666 "flow-through" units, priced at C$0.5075 per unit, under the Listed Issuer Financing Exemption [1][4]. - Each "flow-through" unit will include one common share and one common share purchase warrant, with the warrant exercisable at C$0.75 for a period of 24 months [2][3]. - The offering is expected to close around April 18, 2026, or within 45 days from the announcement date [2][4]. Group 2: Use of Proceeds - Gross proceeds from the offering will be allocated to incur "Canadian exploration expenses" related to critical mineral mining expenditures on the Lewis Pilley's Project [6]. Group 3: Regulatory Compliance - The offering will be made to purchasers in all Canadian provinces and territories except Quebec, and the securities will not be subject to a hold period under Canadian securities laws [4][5]. - Finder's fees may be paid in accordance with applicable securities laws and the policies of the Canadian Securities Exchange [7]. Group 4: Company Overview - HM Exploration is advancing the Devil's Den Project on Vancouver Island, which has shown high-grade mineralization, including copper values up to 4.68% [9]. - The company also controls the Lewis Pilley's Project in Newfoundland, which has a history of significant mineral production and potential for new discoveries [10]. - HM Exploration aims to apply modern exploration techniques to unlock value in historically underexplored Canadian mining districts [11].
Juggernaut Exploration Closes Bought Deal Private Placement for Gross Proceeds of C$11.5M
TMX Newsfile· 2026-03-19 14:33
Core Viewpoint - Juggernaut Exploration Ltd. has successfully closed a private placement offering, raising approximately C$11.5 million to fund exploration activities on its flagship Big One Project in British Columbia, Canada [1][3]. Group 1: Offering Details - The offering consisted of 4,492,187 units sold at an issue price of C$2.56 per unit, with each unit comprising one common share and one-half of a common share purchase warrant [1]. - Each warrant allows the holder to purchase one common share at an exercise price of C$2.08 for a period of 24 months [1]. - The offering was led by Stifel Canada as the sole bookrunner and lead underwriter [2]. Group 2: Use of Proceeds - The gross proceeds will be allocated to exploration expenses qualifying as "Canadian exploration expenses" and "flow-through critical mineral mining expenditures" under the Income Tax Act [3]. - These expenses are to be incurred on or before December 31, 2027, with renouncement to subscribers by December 31, 2026 [3]. Group 3: Regulatory and Financial Aspects - The units were issued under the "listed issuer financing" exemption, which allows for the offering without a prospectus requirement [4]. - The company paid a cash commission of C$689,999.92 to the underwriter and granted 269,531 non-transferable broker warrants [5].
Noble Closes Non-Brokered Private Placement and Settles Debt
Thenewswire· 2026-03-11 11:30
Core Insights - Noble Mineral Exploration Inc. has successfully closed a non-brokered private placement, raising approximately $1,050,000 through the issuance of 7,000,000 flow-through common share units priced at $0.15 per unit [2][3] - The company plans to utilize the proceeds from the private placement to fund exploration expenditures for critical minerals on its properties [3] - Noble is also settling debt by paying $14,000 in cash and issuing 466,666 broker warrants, each exercisable for one common share at a price of $0.125 per share for two years [4] Private Placement - Noble raised gross proceeds of about $1,050,000 through the issuance of 7,000,000 flow-through common share units [2] - Each unit consists of one common share designated as a flow-through share and one-half non-flow-through common share purchase warrant, with full warrants exercisable for two years at an exercise price of $0.20 per share [2] - The securities issued are subject to a four-month hold period and customary closing conditions, including TSX Venture Exchange approval [3] Debt Settlement - Noble has received necessary approvals to settle debt, which includes a cash payment of $14,000 and the issuance of 466,666 broker warrants [4] - Each warrant from the debt settlement is exercisable for one common share at a price of $0.125 per share for two years [4] - All warrants issued in this transaction are also subject to a four-month hold period [4] Company Overview - Noble Mineral Exploration Inc. is a Canadian junior exploration company with holdings in various nickel and gold exploration properties [5][6] - The company holds mineral and exploration rights in approximately 70,000 hectares in Northern Ontario and 24,000 hectares in Quebec [6][7] - Notable projects include Project 81, which hosts drill-ready targets for gold, nickel-cobalt, and base metals, as well as several other properties focused on critical minerals [6][7]
Northern Graphite Announces Closing of Flow Through Share Private Placement
TMX Newsfile· 2026-03-10 20:05
Core Viewpoint - Northern Graphite Corporation has successfully completed a non-brokered private placement of 7,142,858 common shares at a price of $0.28 per share, raising gross proceeds of $2,000,000 to fund exploration activities [1][2]. Group 1: Private Placement Details - The common shares issued qualify as "flow-through shares" under the Canadian Income Tax Act, allowing the proceeds to be used for eligible resource exploration expenses [2]. - The funds will be allocated to a drill program targeting potential new sources of mill feed around the Lac des Iles mine in Quebec and at the Mousseau exploration project [2]. - A finders' fee was paid to Mine Equities Ltd., consisting of 503,971 common shares and $55 in cash, with a hold period of four months and one day for the shares issued [3]. Group 2: Company Overview - Northern Graphite is the only flake graphite producer in North America, focusing on becoming a leader in natural graphite production and high-value products for the green economy, including battery materials [5]. - The company operates the Lac des Iles mine in Quebec, which is increasing output to meet rising demand from industrial customers and North American battery manufacturers [6]. - Northern also owns the advanced Bissett Creek graphite project in Ontario and the Okanjande graphite mine in Namibia, which is currently on care and maintenance, representing a potential for increased production at lower costs [6].
Nuvau Minerals Announces Amendment to Private Placement Terms
TMX Newsfile· 2026-02-21 00:34
Core Viewpoint - Nuvau Minerals Inc. has amended the terms of its brokered private placement offering, aiming to raise up to $20 million through the issuance of units and flow-through shares [1][2]. Offering Details - The offering consists of up to 18,750,000 units priced at $0.80 per unit, targeting gross proceeds of up to $15 million [1]. - Additionally, the company plans to issue up to 5,555,555 flow-through common shares at $0.90 per share, aiming for gross proceeds of up to $5 million [2]. - The proceeds from the flow-through shares will be allocated to eligible Canadian exploration expenses, with at least 30% qualifying as flow-through critical mineral mining expenditures [2]. Related Party Transaction - A director of the company intends to sell up to 400,000 common shares to subscribe for an equivalent number of flow-through shares under the offering [4]. - This transaction is classified as a related party transaction under Multilateral Instrument 61-101, with the company relying on exemptions from formal valuation and minority shareholder approval requirements [5]. Closing Timeline - The closing of the unit offering is expected around February 24, 2026, while the flow-through offering is anticipated to close on or about March 6, 2026 [6]. - The completion of the offering is subject to certain conditions, including conditional approval from the TSX Venture Exchange [6]. Additional Information - The agents involved in the offering have an option to sell additional units or flow-through shares, potentially raising an extra $5 million in gross proceeds [7]. - Nuvau Minerals is currently in the exploration and development phase, with its principal asset being the right to earn a 100% interest in the Matagami property from Glencore [9].
Trident Closes $18.6 Million Offering
Globenewswire· 2026-02-18 14:24
Core Viewpoint - Trident Resources Corp. has successfully closed a private placement, raising a total of $18,604,480 through the issuance of 4,948,000 flow-through shares at a price of $3.76 per share [1][4]. Group 1: Offering Details - The private placement consists of a brokered portion, where 4,600,000 Premium FT Shares were issued through a syndicate led by Haywood Securities Inc., and a non-brokered portion, which included 348,000 Premium FT Shares [2]. - The shares were offered under the listed issuer financing exemption and are not subject to a statutory hold period under Canadian securities laws [3]. Group 2: Use of Proceeds - The gross proceeds from the offering will be utilized for exploration, mineral resource expansion, and drilling at Trident's gold projects in the La Ronge Gold Belt of Saskatchewan, qualifying as Canadian Exploration Expenses [4]. Group 3: Related Party Transactions - Certain related parties participated in the non-brokered offering, which is classified as a related party transaction. The company relied on exemptions from formal valuation and minority shareholder approval requirements as the fair market value of shares issued does not exceed 25% of the company's market capitalization [5]. Group 4: Underwriters' Fees - In connection with the brokered offering, the underwriters received a cash fee equal to 6.0% of the gross proceeds from the brokered portion [6].
Forge Resources Announces $10 Million Private Placement
TMX Newsfile· 2026-02-18 12:00
Core Viewpoint - Forge Resources Corp. has announced a private placement offering of up to 10,000,000 LIFE units and up to 8,333,400 flow-through units, aiming for gross proceeds of up to $10,000,040 to fund exploration and development projects [1][10]. Group 1: Offering Details - Each LIFE Unit is priced at $0.50 and consists of one common share and one-half of a common share purchase warrant, with the warrant exercisable at $0.75 for 36 months [2]. - Each FT Unit is priced at $0.60 and includes one common share on a flow-through basis and one-half of a common share purchase warrant, also exercisable at $0.75 for 36 months [3][4]. - The total gross proceeds from the sale of FT Units will be allocated to exploration expenses qualifying as Canadian exploration expenses and flow-through mining expenditures, to be incurred by December 31, 2027 [5]. Group 2: Regulatory and Compliance - The offering is available to purchasers in all Canadian provinces except Quebec, under the LIFE Exemption and other exemptions as per National Instrument 45-106 [3][4]. - The Agent has the option to sell an additional 15% of the LIFE and/or FT Units at the offering price, exercisable up to 48 hours before the closing date [7]. Group 3: Use of Proceeds - Proceeds from the FT Units will be used for the exploration and development of the Alotta Property, while proceeds from the LIFE Units will support the La Estrella project and general working capital [10]. Group 4: Closing and Fees - The offering is expected to close on or about March 3, 2026, subject to necessary approvals [11]. - The Agent will receive a cash commission of 7.0% of the total proceeds and compensation warrants equal to 7.0% of the units issued, exercisable at $0.50 per LIFE Unit [8].
Trident Announces Full Exercise of Over-Allotment Option and Expected Proceeds of $18.6 Million to Fully Fund Expanded 2026 Drilling at Saskatchewan Gold Projects
Globenewswire· 2026-02-02 12:00
Core Viewpoint - Trident Resources Corp. has successfully increased its financing through a bought deal offering and a concurrent non-brokered private placement, raising a total of approximately $18.6 million to fund exploration and development of its gold projects in Saskatchewan [1][2][3][4]. Financing Details - The bought deal offering includes an over-allotment option exercised by underwriters, resulting in the purchase of an additional 600,000 flow-through shares at a price of $3.76 per share, bringing total gross proceeds to $17,296,000 [1][2]. - A concurrent non-brokered private placement will issue 348,000 flow-through shares at the same price, generating additional gross proceeds of $1,308,480 [2]. - The total gross proceeds from both offerings amount to approximately $18.6 million [2]. Use of Proceeds - Proceeds from the offerings will be allocated for exploration, mineral resource expansion, and drilling at Trident's gold projects in the La Ronge Gold Belt of Saskatchewan [3]. - The funds will qualify as Canadian Exploration Expenses and flow-through mining expenditures, which will be renounced to initial purchasers by December 31, 2026 [3]. Project Highlights - The CEO of Trident highlighted that the financing will accelerate exploration at the flagship Contact Lake Gold Project, which has shown a 100% success rate in recent drilling programs [4]. - The results from the fall drill program confirm robust gold mineralization and indicate significant upside potential for the project [4]. Closing and Regulatory Compliance - The bought deal offering is expected to close around February 18, 2026, subject to customary conditions and regulatory approvals [4]. - The offerings will be conducted under the 'listed issuer financing exemption' and will not be subject to a hold period under Canadian securities laws [5].