Non - brokered financing
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Sixty North Gold to Close First Tranche of Non-Brokered $1,500,000 Unit Offering
Newsfile· 2025-10-30 23:53
Vancouver, British Columbia--(Newsfile Corp. - October 30, 2025) - Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F40) (OTC Pink: SXNTF) (the "Company" or "Sixty North Gold") is pleased to announce that the Company intends to close a first tranche of its non-brokered financing of up to 13,636,363 units (the "Units") at an offering price of $0.11 per Unit (the "Offering"), originally announced its press release dated October 22, 2025, subject to the CSE raising no objection to the closing. This first tranc ...
Scottie Announces Closing of the Second Tranche of Its Previously Announced Non-Brokered Financing
Newsfile· 2025-08-15 21:23
Core Points - Scottie Resources Corp. has successfully closed the second tranche of its non-brokered private placement financing, raising gross proceeds of $3,300,620.40 through the issuance of 3,750,705 common shares at a price of $0.88 per share [1][2] - The total gross proceeds raised from the first two tranches of the offering amount to $11,686,984.30, with the first tranche having closed on August 11, 2025, for $8,386,363.86 [1][2] - The net proceeds from the sale of common shares will be allocated for development activities, study work, permitting activities, and general corporate purposes [2] Financial Details - In connection with the second tranche, the company paid cash commissions of $110,484 to finders and issued 102,150 non-transferable finder's warrants, each allowing the purchase of one common share at an exercise price of $0.88 for 24 months [3] - The offering is subject to final acceptance from the TSX Venture Exchange, with all securities issued in the second tranche under a hold period expiring on December 16, 2025 [4] Company Overview - Scottie Resources Corp. owns a 100% interest in the Scottie Gold Mine Property, which includes the Blueberry Contact Zone and the past-producing Scottie Gold Mine, as well as the Georgia Project and other properties, totaling approximately 58,500 hectares in the Stewart Mining Camp of the Golden Triangle [5][6] - The company's focus is on expanding known mineralization around past-producing mines and advancing high-grade gold targets to produce a high-margin DSO product [6]