Workflow
Mineral exploration financing
icon
Search documents
Northern Lights Resources Announces Closing of Upsized Non-Brokered Private Placement
Thenewswire· 2025-12-17 22:10
Not for distribution to United States Newswire Services or for dissemination in the United States Vancouver, British Columbia - (December 17, 2025) – TheNewswire - Northern Lights Resources Corp. (“Northern Lights” or the “Company”) (CSE: NLR) (OTC: NLRCF), is pleased to announce that it has closed its previously announced non-brokered private placement (the “Offering”), which was upsized due to strong investor demand, for gross proceeds of C$400,000.The Offering consisted of the issuance of units (the “Un ...
Metal Energy Closes $9.25 Million Financing with Centerra Gold and Teck
TMX Newsfile· 2025-12-17 11:00
Toronto, Ontario--(Newsfile Corp. - December 17, 2025) - Metal Energy Corp. (TSXV: MERG) (OTCQB: MEEEF) (the "Company" or "Metal Energy") is pleased to announce that it has closed its previously announced financing for aggregate gross proceeds of approximately C$9.25 million (the "Offering")."Centerra's and Teck's investment provides important validation and should draw broader market attention to Metal Energy. NIV is a rare project where geological, geochemical, and geophysical data align. That convergenc ...
Bolt Metals Closes First Tranche of LIFE Offering
Thenewswire· 2025-11-19 23:35
Core Points - Bolt Metals Corp. successfully closed the first tranche of its non-brokered LIFE Offering, raising total gross proceeds of $430,000 [1][2] - The offering consisted of 2,150,000 units priced at $0.20 each, with each unit including one common share and one common share purchase warrant [2] - The warrants allow holders to acquire common shares at $0.40 each for a period of 24 months, exercisable 60 days after the closing date [2] - The net proceeds from the LIFE Offering will be used for general working capital and corporate purposes [3] - The company paid cash finder's fees of $19,800 and issued 94,500 broker warrants to Research Capital Corporation for services related to the offering [4] Company Overview - Bolt Metals Corp. is focused on the acquisition and exploration of mineral properties, particularly in precious and base metals, with an emphasis on drill-ready projects that have high upside potential [5]
Colibri Announces Closing of Second Tranche of Its Over-subscribed Non-Brokered Offering
Newsfile· 2025-11-07 12:05
Core Points - Colibri Resource Corporation has successfully closed the second tranche of its non-brokered private placement, raising gross proceeds of $140,980 [1][2] - The total gross proceeds from both tranches amount to $1,491,702, with funds allocated for exploration at its Mexican gold projects and general working capital [3] Offering Details - In Tranche 2, Colibri issued 939,867 units at a price of $0.15 per unit, each unit consisting of one common share and one warrant [2] - Each warrant allows the holder to purchase an additional common share at C$0.25 for a period of 24 months [2] - No finder's fees or commissions were paid for Tranche 2 [2] Company Overview - Colibri Resource Corporation is a Canadian mineral exploration company focused on gold and silver properties in Mexico [5] - The company holds four significant projects, including 100% ownership of the EP Gold Project and a 49% stake in the Pilar Gold & Silver Project [5] - Colibri aims to advance its portfolio through systematic exploration in one of Mexico's most prolific mining regions [5]
Westward Gold Announces Closing of Non-Brokered Private Placement Financing with Participation from Strategic Investors Crescat Capital LLC and Concept Capital Management
Thenewswire· 2025-10-08 20:00
 Vancouver, British Columbia, October 8, 2025 – TheNewswire - Westward Gold Inc. (CSE: WG, OTCQB: WGLIF, FSE: IM50) (“Westward” or the “Company”) is pleased to announce that it has closed its previously-announced non-brokered private placement (the “Offering”) (see press release dated September 23, 2025), and has issued 45,454,544 units (each, a “Unit”) at a price of C$0.11 per Unit, for aggregate gross proceeds to the Company of approximately C$5,000,000. Each Unit is comprised of one common share of the ...
Pacific Empire Announces Oversubscription of Private Placement and CFO Appointment
Newsfile· 2025-09-17 20:18
Vancouver, British Columbia--(Newsfile Corp. - September 17, 2025) - Pacific Empire Minerals Corp. (TSXV: PEMC) ("Pacific Empire", "PEMC" or the "Company"), a copper-gold explorer based in British Columbia, is pleased to announce two corporate developments:Oversubscription of Private PlacementThe Company's previously announced non-brokered private placement (the "Offering") dated September 17, 2025, has received strong investor demand and will be oversubscribed. The Offering, originally structured to raise ...
King Copper Discovery Corp. Announces Closing of $15 Million Financing
Globenewswire· 2025-09-15 18:22
Group 1 - King Copper Discovery Corp has successfully closed a non-brokered private placement offering, raising approximately $15 million through the issuance of 65,217,390 common shares at a price of $0.23 per share [1][2] - The net proceeds from the financing will be allocated towards advancing exploration activities, specifically diamond drilling at the Colquemayo copper-gold project, as well as for general working capital [2] - A strategic investor has acquired approximately 9.99% ownership in King Copper and has been granted rights to participate in future equity financings and to nominate board members under certain conditions [3] Group 2 - Insiders, including a director and a corporate subscriber controlled by an officer, subscribed for a total of 300,000 shares, generating gross proceeds of $69,000, which qualifies as related party transactions [4] - The financing is subject to a statutory hold period of four months plus one day, expiring on January 16, 2026, and the company paid $111,141 to eligible finders in connection with the financing [5] - Eventus Capital Corp acted as an advisor to King Copper for this financing transaction [5]
Fury Announces Closing of Financing
Globenewswire· 2025-06-20 11:00
Core Viewpoint - Fury Gold Mines Limited has successfully closed a private placement and offering, raising a total of C$3,374,600 to advance its exploration programs in Quebec and Nunavut [1][2][3] Group 1: Offering Details - The company closed a private placement of 3,999,701 flow-through shares at C$0.77 per share, generating gross proceeds of C$3,079,800 [1] - Agnico Eagle Mines Limited acquired 440,000 common shares at C$0.67 per share, contributing an additional C$294,800 to the total proceeds [2] - The combined gross proceeds from both the offering and private placement amount to C$3,374,600 [2] Group 2: Use of Proceeds - Proceeds from the financing will be utilized to advance the Committee Bay exploration program and other exploration opportunities [2][3] - The company aims to drive potential discoveries across its mineral exploration portfolio with the raised funds [3] Group 3: Company Overview - Fury Gold Mines Limited is a Canadian-focused exploration company with a significant position in Dolly Varden Silver Corp, holding approximately 14.5% of issued shares [5] - The company is led by a management team with a proven track record in financing and advancing exploration assets [5] - Fury is committed to high standards in corporate governance, environmental stewardship, community engagement, and sustainable mining practices [5]