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Osisko Development Announces Upsizing of Previously Announced "Bought Deal" Life Offering; Additional Concurrent Private Placement
Globenewswire· 2025-10-09 20:47
Total Upsized Offering of C$60 MillionMONTREAL, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce that, as a result of excess demand, it has entered into an amending agreement with the underwriters to increase the size of its previously announced "bought deal" financing to C$60 million (the "Amendment"). LIFE Offering As a result of the Amendment, Osisko Development will now issue three tranches of shares pursuant ...
Cascade Copper Closes Third And Final Tranche Of Financing
Thenewswire· 2025-09-30 00:00
 Vancouver, British Columbia – Sept 29, 2025 – TheNewswire - Cascade Copper Corp. (CSE: “CASC”) (“Cascade” or the “Company”) is pleased to announce that it has closed the final tranche of its previously announced non-brokered private placement of units (“Units”), for aggregate gross proceeds in this tranche of $123,255 (CDN) (the “Offering”).  The total amount raised in the three tranches was $401,255.This tranche of the Offering consisted of the issuance of an aggregate of 1,000,000 Critical Minerals Flow ...
White Gold Corp. Announces $20 Million Private Placement
Globenewswire· 2025-09-22 11:40
Core Viewpoint - White Gold Corp. has announced a brokered private placement offering of premium flow-through units, flow-through common shares, and units to raise capital for exploration activities in the Yukon Territory [1][5][6] Group 1: Offering Details - The offering includes Premium Flow-Through Units priced at $1.17, Flow-Through Shares at $1.00, and Units at $0.85, with each Unit consisting of one common share and one-half of a warrant [1] - The total gross proceeds from the offering could reach up to $3,000,000 if the Agents exercise their option to sell additional Offered Securities [1][8] - The closing date for the offering is anticipated to occur on or about October 9, 2025, pending regulatory approvals [7] Group 2: Company Background - White Gold Corp. owns a portfolio of 15,364 quartz claims across 21 properties, covering 305,102 hectares, representing approximately 40% of the White Gold District in Yukon [3][10] - The flagship White Gold project contains an estimated 1,732,300 ounces of gold in Indicated Resources and 1,265,900 ounces in Inferred Resources, with significant potential for resource expansion [3][10] Group 3: Use of Proceeds - Proceeds from the sale of Premium Flow-Through Units and Flow-Through Shares will be allocated to exploration expenditures on properties in the White Gold District before December 31, 2026 [5] - Proceeds from the sale of Units are expected to be used for general corporate expenses [5] Group 4: Participation and Rights - Agnico Eagle Mines Limited has the right to participate in the offering to maintain its approximate 19.8% interest in the Company [2] - Participation by Agnico and other insiders will be considered a related party transaction, exempting the Company from certain formal valuation requirements [8]
Goliath Resources Provides Update on Upcoming Private Placements
Globenewswire· 2025-06-10 01:31
Core Viewpoint - Goliath Resources Limited has amended the exercise price of common share purchase warrants related to its recent private placements, which include a "bought deal" offering and a concurrent offering, with the new exercise price set at C$2.12 per share [4]. Group 1: Offerings and Financial Details - The Company is conducting a "bought deal" private placement of 6,310,000 common shares at a price of C$3.17 per share, aiming for gross proceeds of C$20,002,700 [1]. - A concurrent offering of up to 1,281,545 Charity Flow-Through Shares is also being conducted at the same price of C$3.17 per share, targeting gross proceeds of up to C$4,062,500 [1]. - The Underwriters will receive a cash commission of 6.0% of the gross proceeds from the Bought Deal Offering and warrants equal to 6.0% of the shares sold [2]. - Finders involved in the Concurrent Offering will receive a similar compensation structure, including a cash fee of 6.0% and warrants [3]. Group 2: Amendments and Regulatory Approvals - The exercise price for both the Broker Warrants and Finder's Warrants has been amended from C$1.95 to C$2.12 per common share, while other terms remain unchanged [4]. - The closing of both the Bought Deal Offering and the Concurrent Offering is subject to regulatory approvals, including that of the TSX Venture Exchange [5]. Group 3: Company Background - Goliath Resources Limited is focused on exploring precious metals projects in the Golden Triangle of northwestern British Columbia, with all projects located in favorable geological and geopolitical settings [7]. - The Company has strategic cornerstone shareholders, including Crescat Capital and McEwen Mining Inc., indicating strong backing in the industry [7].
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
Core Viewpoint - New Found Gold Corp. has successfully closed the first tranche of its public offering, raising a total of C$56,129,100 through the issuance of charity flow-through common shares and common shares [1][2][4]. Group 1: Offering Details - The first tranche of the offering included 15,265,000 charity flow-through common shares and 4,370,000 common shares, generating gross proceeds of C$42,079,950 [2]. - The second tranche will consist of an additional 6,135,000 charity flow-through common shares, expected to raise C$14,049,150, and is anticipated to close around June 12, 2025 [4]. - The total gross proceeds from both tranches will be used for Canadian exploration expenses related to the Queensway Gold Project [8]. Group 2: Underwriting and Fees - The offering was conducted under an underwriting agreement with a syndicate led by BMO Capital Markets and included several other financial institutions [3]. - The company paid the underwriters a cash fee of C$2,075,959, which is 5.25% of the gross proceeds from the first tranche, excluding certain sales [7]. Group 3: Use of Proceeds - Proceeds from the charity flow-through common shares will be allocated to eligible Canadian exploration expenses related to the Queensway Gold Project, with all qualifying expenditures to be renounced in favor of the subscribers by December 31, 2025 [8]. - The net proceeds from the common shares will be utilized to advance the Queensway Project and for general corporate purposes [9]. Group 4: Company Background - 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 [13]. - The company has completed an initial mineral resource estimate at Queensway and is currently conducting a fully funded preliminary economic assessment [13][14].