Flow - through shares

Search documents
Red Pine Announces Closing of Upsized $8.5 Million Brokered Offering
Globenewswire· 2025-07-09 13:12
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, July 09, 2025 (GLOBE NEWSWIRE) -- Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) (“Red Pine” or the “Company”) is pleased to announce that it has closed its previously announced upsized brokered offering (the “Offering”). The Offering was completed by way of a best-efforts Listed Issuer Financing Exemption of Offered Securities of the Company (the “Offered Securities”) for aggregate gr ...
Goldstorm Metals Announces Closing of Upsized Non-Brokered Private Placement Financing for Approximately $2.1 Million, with Participation by Eric Sprott
Newsfile· 2025-06-27 13:07
Core Viewpoint - Goldstorm Metals Corp. has successfully closed a non-brokered private placement financing, raising approximately $2.1 million, with notable participation from strategic investor Eric Sprott [2][5]. Financing Details - The private placement generated gross proceeds of $2,088,973.75, consisting of 15,441,483 non-flow-through units sold at $0.07 each, totaling $1,080,903.81, and 9,999,999 flow-through units sold at $0.1008 each, totaling $1,007,999.90 [2][3]. - Each non-flow-through unit includes one common share and one-half of a warrant, while each flow-through unit includes one common share and one-half of a warrant [3]. Warrant Information - Each warrant allows the holder to purchase one common share at an exercise price of $0.10 for 24 months, with an acceleration clause if the common shares reach a closing price of $0.20 for ten consecutive trading days [4]. Strategic Investor Participation - Eric Sprott, through his corporation, acquired 3,571,428 common shares and 1,785,714 warrants, qualifying as a related-party transaction [5]. Use of Proceeds - Net proceeds from the sale of non-flow-through units will be allocated for working capital and general corporate purposes [6]. - Gross proceeds from flow-through units will be used for Canadian exploration expenses, with a commitment to incur qualifying expenditures by December 31, 2026 [7]. Finder's Fees - The company paid cash commissions of $45,746.44 to finders and issued 651,377 non-transferable finder's warrants, each allowing the purchase of one common share at $0.1008 for 24 months [8][9]. Company Overview - Goldstorm Metals Corp. is focused on precious and base metals exploration, holding a significant land position in British Columbia's Golden Triangle, known for high-grade gold deposits [10].
1911 Gold Announces C$11.5 Million “Bought Deal” Life Offering and Private Placement
Globenewswire· 2025-06-24 20:07
VANCOUVER, British Columbia, June 24, 2025 (GLOBE NEWSWIRE) -- 1911 Gold Corporation (“1911 Gold” or the “Company”) (TSXV: AUMB; FRA: 2KY) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (“Haywood”), as lead underwriter and sole bookrunner, on its own behalf and on behalf of a syndicate of underwriters (together with Haywood, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a "bought deal" basis: (i) 2,500,000 common shares of the ...
GoldHaven arranges Non-Brokered Flow Through Private Placement
Globenewswire· 2025-06-18 15:48
NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia , June 18, 2025 (GLOBE NEWSWIRE) -- GoldHaven Resources Corp. ("GoldHaven" or the "Company") (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS), a Canadian resource sector exploration and development company is pleased to announce that it intends to conduct a non-brokered private placement of up to 3,846,154 flow-through shares (each an “FT Share”) at a price of $0.13 per FT Share for gross proceeds of up to $5 ...
Goliath Resources Closes Concurrent C$4,062,500 Non-Brokered CFT Share Financing At C$3.17 Each For Combined Gross Proceeds of C$27,065,605
Globenewswire· 2025-06-18 11:08
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, June 18, 2025 (GLOBE NEWSWIRE) -- Further to its news releases dated June 2, 2025, June 9, 2025 and June 16, 2025, Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (Frankfurt: B4IF) (the “Company” or “Goliath”) is pleased to announce in addition to the bought deal financing that closed earlier this week of 7,256,500 common shares of ...
American Eagle Closes Private Placement by South32
Newsfile· 2025-06-12 13:08
Toronto, Ontario--(Newsfile Corp. - June 12, 2025) - American Eagle Gold Corp. (TSXV: AE) ("American Eagle" or the "Company") is pleased to announce that, further to the Company's press release dated June 5, 2025 (see News Release), it has closed its previously announced private placement of 1,156,000 charity flow-through common shares of the Company (the "Charity FT Shares") at a price of C$0.71 per Charity FT Share for aggregate gross proceeds of approximately C$820,000 (the "Offering"). A wholly owned s ...
New Found Gold Closes Second Tranche of C$63 Million Bought Deal Financing Including Full Exercise of Underwriters' Over-Allotment Option
Prnewswire· 2025-06-12 13:05
VANCOUVER, BC, June 12, 2025 /PRNewswire/ - New Found Gold Corp. (TSXV: NFG) (NYSE-A: NFGC) ("New Found Gold" or the "Company") is pleased to announce that it has closed the second and final tranche of its previously announced "bought deal" public offering of (i) 24,610,000 charity flow-through common shares of the Company (the "Charity Flow-Through Common Shares") that will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) at a price of C$2.29 per Cha ...
Fury Announces C$2.5 Million Financing
GlobeNewswire News Room· 2025-06-05 15:40
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, June 05, 2025 (GLOBE NEWSWIRE) -- Fury Gold Mines Limited (TSX and NYSE American: FURY) (“Fury” or the “Company”) intends to privately place with a small group of accredited and institutional investors in Canada up to 3,246,753 common shares (the “Shares”) of the Company, at a price of C$0.77 per Share for total gross proceeds of C$2,500,000 (the “Offering”). Each Share will qualify as a “flow-through ...
New Found Gold Closes First Tranche of C$56 Million Bought Deal Financing for Gross Proceeds of C$42 Million
Prnewswire· 2025-06-03 12:45
VANCOUVER, BC, June 3, 2025 /PRNewswire/ - New Found Gold Corp. (TSXV: NFG) (NYSE-A: NFGC) ("New Found Gold" or the "Company") is pleased to announce that it has closed the first tranche of its previously announced "bought deal" public offering of (i) 21,400,000 charity flow-through common shares of the Company (the "Charity Flow-Through Common Shares") that will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) at a price of C$2.29 per Charity Flow-Th ...
New Found Gold Announces C$49 Million Bought Deal Financing and C$20 Million Private Placement: Continued Support with Lead Orders by Strategic Investor Eric Sprott
Globenewswire· 2025-05-27 20:28
Core Viewpoint - New Found Gold Corp. has announced a financing agreement involving a bought deal for charity flow-through common shares, aiming to raise approximately C$49 million to advance its Queensway Gold Project [1][4]. Financing Details - The company will issue 21,400,000 charity flow-through common shares at a price of C$2.29 per share, with gross proceeds expected to be around C$49 million [1]. - An additional option allows underwriters to purchase up to 15% more shares within 30 days post-closing of the first tranche [1]. - A non-brokered private placement of up to 12,269,939 non-flow-through common shares at C$1.63 per share is also planned, targeting gross proceeds of approximately C$20 million [2]. Shareholder Participation - Eric Sprott intends to participate in both the offering and the private placement to increase his shareholding from approximately 19% to over 20% [3]. - The company will seek disinterested shareholder approval due to Mr. Sprott's increased control post-private placement [3]. Use of Proceeds - Proceeds from the offering will be allocated to eligible Canadian exploration expenses related to the Queensway Gold Project, with a deadline for these expenditures set for December 31, 2026 [4]. - Funds from the private placement will be used to advance the Queensway Gold Project and for general corporate purposes [5]. Project Overview - New Found Gold holds a 100% interest in the Queensway Gold Project, located in Newfoundland and Labrador, which is recognized for its excellent infrastructure and skilled workforce [11]. - The project has shown promising results from recent drilling, indicating significant district-scale potential across its 175,600 hectares [12].