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Orestone Announces $2,000,000 Non-Brokered Private Placement
Newsfile· 2025-10-10 12:13
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVancouver, British Columbia--(Newsfile Corp. - October 10, 2025) - Orestone Mining Corp. (TSXV: ORS) (FSE: O2R2) (the "Company") is pleased to announce a non-brokered private placement consisting of up to 25,000,000 units ("Units") at a price of $0.08 per Unit for aggregate gross proceeds of up to $2,000,000 (the "Offering"). Each Unit will consist of one common share of the Company and one common share purchase warrant ...
Lithium Ionic Announces Closing of Final Tranche of Oversubscribed Non-Brokered Private Placement
Globenewswire· 2025-10-03 11:00
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQB: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) reports that is has closed the second and final tranche (the “Second Tranche”) of its previously announced non-brokered private placement financing. Together with the first tranche, which closed on S ...
Oracle Commodity Holding Increases Non-Brokered Private Placement to $262,500
Newsfile· 2025-09-26 19:30
Core Viewpoint - Oracle Commodity Holding Corp. has increased its non-brokered private placement financing from 7,000,000 units to 7,500,000 units due to high demand, raising potential gross proceeds from $245,000 to $262,500 [1] Group 1: Offering Details - Each unit in the offering consists of one common share and one transferable common share purchase warrant, with each warrant allowing the holder to acquire an additional common share at an exercise price of $0.06 for three years [1] - A Finder's fee of up to 7% in Finder's Units will be payable, with each Finder's Unit consisting of one share and one non-transferable share purchase warrant [2] - The company insiders will subscribe for up to 1,750,000 units, generating gross proceeds of up to $61,250, which is considered a related party transaction [3] Group 2: Regulatory and Closing Information - The company is relying on the TSX Venture Exchange's minimum price exemption and anticipates closing the offering as soon as practicable, subject to necessary regulatory approvals [4] - The units will be issued on a private placement basis under exemptions from prospectus requirements and will be subject to a statutory hold period of four months and one day from the date of issuance [4] Group 3: Use of Proceeds - The net proceeds from the offering will be used for general corporate purposes and for the payment of cash consideration for acquiring a 2% royalty from U.S. Fluorspar LLC over certain fluorspar projects [5] - Other than the Fluorspar NSR Consideration, there are no specific uses of proceeds that will represent 10% or more of the gross proceeds of the offering [5] Group 4: Company Overview - Oracle Commodity Holding Corp. is a mining royalty company that holds royalties on several precious metal and critical mineral mining projects [6]
Generation Uranium Announces Extension of Closing Date for Non-Brokered Private Placement
Thenewswire· 2025-09-18 00:35
Vancouver, BC – TheNewswire - September 17, 2025 – Generation Uranium Inc. (TSXV: GEN) (OTCQB: GENRF) (FSE: W85) (the “Company” or “Generation”) announces that, further to its news release dated July 11, 2025, the Company has received approval from the TSX Venture Exchange to extend the closing date of its non-brokered private placement until October 9, 2025.As previously announced, the private placement consists of up to 11,000,000 units of the Company at a price of $0.05 per unit for gross proceeds of up ...
Lake Winn Closes First Tranche of Non-Brokered Private Placement
Thenewswire· 2025-09-11 00:50
Core Viewpoint - Lake Winn Resources Corp. has successfully closed the first tranche of its non-brokered private placement, raising gross proceeds of C$291,000 through the issuance of 5,290,909 units at a price of $0.055 per unit [1][2]. Group 1: Offering Details - Each unit consists of one common share and one share purchase warrant, with the warrant exercisable at $0.08 for a period of 24 months [2]. - The company paid cash finders fees of $15,620 and issued 284,000 broker warrants, each exercisable at $0.08 [3]. - All securities issued are subject to a statutory hold period of four months plus one day from September 8, 2025 [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for exploration costs related to the Little Nahanni project and for general working capital and administrative expenses [5]. Group 3: Regulatory and Compliance - Closing of additional tranches is contingent upon approval from the TSX Venture Exchange and will be offered through private placement in specific Canadian provinces [6]. - The securities will not be registered under the U.S. Securities Act and cannot be offered or sold in the United States unless registered or exempt [7]. Group 4: Company Overview - Lake Winn Resources Corp. is focused on advancing the Little Nahanni Pegmatite project, which spans 9,682.5 hectares and includes a significant lithium, cesium, and tantalum pegmatite dyke swarm [9].
Kingman Minerals Ltd. Announces Closing of 1st Tranche of Non-Brokered Private Placement
Newsfile· 2025-09-02 21:45
Core Viewpoint - Kingman Minerals Ltd. has successfully closed the first tranche of its non-brokered private placement, raising a total of $499,553 through the issuance of 7,136,471 units at a price of $0.07 per unit [1][3]. Group 1: Private Placement Details - The first tranche is part of a larger offering announced on August 27, 2025, which aims to issue up to 8,757,143 units for gross proceeds of approximately $613,000 [3]. - The net proceeds from the private placement will be utilized for general working capital and to advance the flagship Mohave Project, including the historic Rosebud Mine in Arizona [3]. - Planned expenditures include preparing an NI 43-101 compliant technical report, updating the drill plan, re-applying for drill permits, and related exploration activities [3]. Group 2: Finder's Fees and Insider Participation - Kingman will pay a cash finder's fee of $4,620 and issue 66,000 non-transferable finder's warrants, allowing holders to acquire common shares at an exercise price of $0.09 until September 2, 2027 [2]. - Insiders of the company subscribed for 2,516,826 units, contributing gross proceeds of $176,177.82, which is classified as a related party transaction [5][6]. Group 3: Regulatory and Compliance Information - All securities issued will be subject to a statutory hold period of four months from the date of issuance, and the closing of the second tranche is contingent upon receiving necessary regulatory approvals [4]. - The company relied on exemptions from formal valuation and minority shareholder approval requirements under Multilateral Instrument 61-101 due to the nature of insider participation [6]. Group 4: Company Overview - Kingman Minerals Ltd. is focused on precious metals exploration and development in North America, with its flagship project being the 100%-owned historic Rosebud Mine in Arizona [9]. - The Rosebud Mine has a history of high-grade gold and silver production dating back to the 1880s, with significant underground development already completed [9].
Rocky Shore Gold Closes First Tranche of Non-Brokered Private Placement
GlobeNewswire News Room· 2025-09-02 21:00
Core Points - Rocky Shore Gold Ltd. has successfully closed the first tranche of a non-brokered private placement, raising gross proceeds of $697,500 [1] - The first tranche involved the issuance of 6,800,000 units at C$0.05 per unit and 7,150,000 flow-through shares at the same price [1] - The proceeds from the units will be allocated for general corporate purposes, while the funds from the flow-through shares will be directed towards the exploration of the Gold Anchor Project [3] Summary by Sections Private Placement Details - The first tranche raised a total of $697,500 through the issuance of 6,800,000 units and 7,150,000 flow-through shares, both priced at C$0.05 [1] - Each unit consists of one common share and one-half of a common share purchase warrant, with the warrants exercisable at C$0.10 until September 2, 2028 [2] Use of Proceeds - Proceeds from the units will be used for general corporate purposes [3] - Funds from the flow-through shares will specifically support the exploration and advancement of the Gold Anchor Project [3] Finder's Fees - The company paid cash finders fees and issued 606,000 finder's warrants to eligible finders, each exercisable at $0.05 until March 2, 2027 [4] Company Overview - Rocky Shore Gold is a Canadian exploration company focused on major gold discoveries at its 100%-owned Gold Anchor Project, located in central Newfoundland [6] - The Gold Anchor Project is noted for being in a promising gold district with significant exploration potential [6]
JJR Wood Holdings Inc. Acquires Secured Convertible Debenture and Warrants of Touchstone Exploration Inc
Newsfile· 2025-08-18 20:30
Core Points - JJR Wood Holdings Inc. acquired a US$12,500,000 principal amount secured convertible debenture and 6,250,000 common share purchase warrants in Touchstone Exploration Inc. as part of a non-brokered private placement [1] - Prior to the transaction, Mr. Wood owned approximately 0.25% of the issued and outstanding common shares of Touchstone Exploration Inc. [2] - After the transaction, Mr. Wood's ownership will increase to approximately 19.78% of the issued and outstanding common shares upon full conversion of the debenture and exercise of the warrants [2] Company Ownership - Mr. Wood beneficially owns and controls an aggregate of 644,860 common shares, 6,250,000 warrants, and the debenture post-transaction [2] - The total potential ownership after conversion and exercise will be 64,200,136 common shares [2] Investment Strategy - Mr. Wood has a long-term investment view and may acquire additional securities or sell existing shares depending on market conditions and other relevant factors [3]
First American Uranium Announces Non-Brokered Private Placement of Shares
Globenewswire· 2025-08-14 11:30
Group 1 - First American Uranium Inc. is proceeding with a non-brokered private placement of up to 8,000,000 common shares at a price of $0.30 per share, aiming for gross proceeds of up to $2,400,000 [1][2] - The company will pay finders' fees of up to 7.0% of the gross proceeds and issue non-transferable finders' warrants equivalent to 7.0% of the shares sold, allowing the holder to acquire shares at $0.30 for 24 months [2][4] - The net proceeds from the offering will be used for exploration work programs, mineral property acquisitions, marketing, and general working capital [3][4] Group 2 - The closing of the offering is subject to corporate and regulatory approvals, including those from the Canadian Securities Exchange (CSE), and there is no minimum subscription requirement [4] - All securities issued will be subject to a statutory hold period of four months plus a day from the issuance date [4] - First American Uranium Inc. focuses on mineral exploration and acquisition in North America, particularly on the Silver Lake property located in British Columbia [6]
Romios Announces $500,000 Non-Brokered Offering
Newsfile· 2025-07-23 11:30
Core Viewpoint - Romios Gold Resources Inc. is initiating a non-brokered private placement to raise up to $500,000 through the sale of working capital units priced at $0.02 each [1][3]. Group 1: Private Placement Details - The offering consists of up to 25 million working capital units, each unit comprising one common share and one warrant [1][2]. - The warrants allow holders to purchase additional common shares at $0.05 for two years post-closing and at $0.06 until the third anniversary of closing [2]. Group 2: Use of Funds - Funds raised will be allocated for exploration and general working capital, with $50,000 specifically designated to maintain properties in Nevada [3]. - No funds will be used for investor relations activities, and up to 20% of the raised funds may be paid to non-arm's length parties for services [3]. Group 3: Insider Participation - Two insiders have subscribed for 5,500,000 units for $110,000, with the potential for an additional subscription of 2,000,000 units, totaling up to $150,000 [4]. - The insider placements are exempt from certain valuation and minority shareholder approval requirements due to the low market capitalization impact [4]. Group 4: Company Overview - Romios Gold Resources Inc. is focused on mineral exploration, primarily in gold, copper, and silver, holding interests in various properties across Canada and Nevada [6]. - The company has significant holdings in the "Golden Triangle" of British Columbia and former producing properties in Nevada [6].