Non - brokered private placement
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Quantum Battery Metals Corp. Announces Closing of $507,500 Non-Brokered Private Placement
TMX Newsfile· 2026-02-25 00:35
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2026) - Quantum Battery Metals Corp. (CSE: QBAT) (OTC Pink: BRVVF) (FSE: 23B) ("Quantum" or the "Company") announces that it has closed its previously announced non-brokered private placement. The Offering consisted of 1,750,000 units of the Company (the "Units") at a price of $0.29 per Unit, for gross proceeds of $507,500.Each Unit will consist of one common share of the Company (a "Common Share") and one common share purchase warrant (a "Warrant ...
Cannabix Technologies Closes Non-Brokered Private Placement
Globenewswire· 2026-02-24 22:45
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES ORFOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Cannabix Technologies Inc. (CSE: BLO) (the “Company” or “Cannabix”) announces it has closed its previously announced non-brokered private placement financing (the "Offering") with the issuance of 1,400,000 units of the Company (the “Units”) at an issue price of CDN$0.50 per Unit for aggregate gross proceeds of CDN$700,000. Each Unit consists of one ...
Melkior Announces Proposed Non-Brokered Private Placement
Thenewswire· 2026-02-24 13:35
Highlights: Proposed non-brokered private placement to raise up to $650,000 to fund exploration including an up to 4,000-metre drill program at the Beschefer East Project. Timmins, Ontario – TheNewswire - February 24, 2026 — Melkior Resources Inc. (“Melkior” or the “Company”) (TSXV:MKR) (OTC:MKRIF) is pleased to announce that it intends to complete a non-brokered private placement to raise gross proceeds of up to $650,000 through the issuance of up to 5,416,666 flow-through common shares (the “FT Share ...
Appili Therapeutics Announces Closing of Second Tranche of Non-Brokered Private Placement
Globenewswire· 2026-02-18 12:19
Core Viewpoint - Appili Therapeutics Inc. has successfully closed the second tranche of a non-brokered private placement, raising gross proceeds of C$100,000 to support its drug development efforts for infectious diseases [1]. Group 1: Private Placement Details - The private placement involved the issuance of 4,000,000 units at a price of C$0.025 per unit, with each unit consisting of one Class A common share and one-half of a common share purchase warrant [2]. - Each whole warrant will allow the holder to acquire one common share at a price of C$0.05 for 36 months, pending shareholder approval [2][3]. - The company will seek shareholder approval for the warrants at the next Annual General Meeting, and if not approved, the warrants will not be exercisable [3]. Group 2: Use of Proceeds - The net proceeds from the private placement will primarily be used for working capital and to fund the development of certain product candidates [4]. Group 3: Broker Warrants - In connection with the closing, the company paid C$8,000 to finders and issued 320,000 broker warrants, which will allow holders to acquire common shares at a price of not less than C$0.02834 for 24 months, also subject to shareholder approval [4][5]. - Similar to the common warrants, the broker warrants will not be exercisable until shareholder approval is obtained [5]. Group 4: Company Overview - Appili Therapeutics is focused on developing therapies for life-threatening infections, with a portfolio that includes an FDA-approved treatment for antimicrobial resistant infections and a vaccine candidate for tularemia [7]. - The company aims to strategically develop a pipeline of novel therapies to address urgent infections with unmet needs [7].
Stinger Resources Inc. Completes Non-Brokered Private Placement
TMX Newsfile· 2026-02-13 23:30
Core Viewpoint - Stinger Resources Inc. has successfully closed a non-brokered private placement, raising a total of $160,000 by issuing 3,200,000 units at a price of $0.05 per unit [1]. Group 1: Offering Details - The private placement was announced on January 7, 2026, and involved no finder's fees [1]. - All securities issued under the Offering are subject to a hold period that expires on June 14, 2026, in accordance with CSE policies and applicable securities laws [2]. Group 2: Insider Participation - Certain directors and officers of the Company participated in the Offering, purchasing 1,400,000 units for gross proceeds of $70,000 [3]. - This insider participation is classified as a related party transaction and is exempt from formal valuation and minority shareholder approval requirements under MI 61-101, as the fair market value of the securities did not exceed 25% of the Company's market capitalization [3]. Group 3: Company Overview - Stinger Resources Inc. holds interests in gold and silver properties in British Columbia, including the 100% owned Dunwell Mine, which is located in the "Golden Triangle" [5]. - The Company also owns the Gold Hill property and the Silver Side property, along with an optioned interest in the Ample Goldmax property in British Columbia [6].
Vault Strategic Mining Corp Announces Non-Brokered Private Placement
Thenewswire· 2026-02-06 12:00
Core Viewpoint - Vault Strategic Mining Corp. has announced a non-brokered private placement of up to 2,000,000 units at a price of $0.25 per unit, aiming for gross proceeds of up to $500,000 [1][2]. Group 1: Private Placement Details - Each unit consists of one common share and one-half of a transferable common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at an exercise price of $0.35 for twelve months [2]. - The net proceeds from the private placement will be used for exploration activities and general corporate purposes, with potential finders' fees applicable [3]. - All securities issued will be subject to a hold period of four months and one day as per applicable securities legislation [3]. Group 2: Warrant Provisions - The warrants include an acceleration provision, allowing the company to notify warrant holders to exercise their warrants if the weighted average daily trading price exceeds $0.60 for five consecutive trading days [4]. - If the acceleration notice is issued, warrants not exercised within 30 days will expire [4]. Group 3: Insider Participation - Any insider participation in the private placement will be considered a related party transaction, and the company will rely on exemptions from formal valuation and minority approval requirements [5].
K2 Gold Announces Upsize of Non-Brokered Private Placement to up to CDN$25.25 Million
TMX Newsfile· 2026-02-05 02:23
Core Viewpoint - K2 Gold Corporation has announced an increase in its non-brokered private placement, intending to issue up to 36,071,429 common shares at a price of CDN$0.70 per share, aiming for total gross proceeds of approximately CDN$25,250,000 [1] Group 1: Offering Details - The Offered Shares will be available to purchasers in Canadian provinces and territories, excluding Quebec, under the Listed Issuer Financing Exemption [2] - The Offering is not subject to a statutory hold period in Canada, except for a four-month hold period applicable under the TSX Venture Exchange [2] - An amended and restated Offering Document is available for prospective investors to review before making investment decisions [3] Group 2: Use of Proceeds - The net proceeds from the Offering will be utilized for exploration at the Mojave and Si2 projects, as well as for general corporate purposes [5] Group 3: Project Highlights - The Mojave Project is a 5,830-hectare oxide gold project in California, with notable drilling results including 6.68 g/t Au over 45.72m at the Dragonfly Zone [9] - The Si2 Project is located in Nevada and has shown potential for higher-grade gold deposits based on recent geological studies [10][11] - The Wels Project has intersected gold in all 12 drill holes during the 2023 drilling program, indicating a new mineralized corridor [13] Group 4: Company Background - K2 Gold Corporation is led by a team with a track record of over $2.6 billion in gold transactions, including significant sales by Great Bear Resources and Kaminak Gold [8] - K2 is part of Discovery Group, which has been responsible for the discovery of over 10 million ounces of gold [8]
Trident Announces Full Exercise of Over-Allotment Option and Expected Proceeds of $18.6 Million to Fully Fund Expanded 2026 Drilling at Saskatchewan Gold Projects
Globenewswire· 2026-02-02 12:00
Core Viewpoint - Trident Resources Corp. has successfully increased its financing through a bought deal offering and a concurrent non-brokered private placement, raising a total of approximately $18.6 million to fund exploration and development of its gold projects in Saskatchewan [1][2][3][4]. Financing Details - The bought deal offering includes an over-allotment option exercised by underwriters, resulting in the purchase of an additional 600,000 flow-through shares at a price of $3.76 per share, bringing total gross proceeds to $17,296,000 [1][2]. - A concurrent non-brokered private placement will issue 348,000 flow-through shares at the same price, generating additional gross proceeds of $1,308,480 [2]. - The total gross proceeds from both offerings amount to approximately $18.6 million [2]. Use of Proceeds - Proceeds from the offerings will be allocated for exploration, mineral resource expansion, and drilling at Trident's gold projects in the La Ronge Gold Belt of Saskatchewan [3]. - The funds will qualify as Canadian Exploration Expenses and flow-through mining expenditures, which will be renounced to initial purchasers by December 31, 2026 [3]. Project Highlights - The CEO of Trident highlighted that the financing will accelerate exploration at the flagship Contact Lake Gold Project, which has shown a 100% success rate in recent drilling programs [4]. - The results from the fall drill program confirm robust gold mineralization and indicate significant upside potential for the project [4]. Closing and Regulatory Compliance - The bought deal offering is expected to close around February 18, 2026, subject to customary conditions and regulatory approvals [4]. - The offerings will be conducted under the 'listed issuer financing exemption' and will not be subject to a hold period under Canadian securities laws [5].
K2 Gold Announces Upsize of Non-Brokered Private Placement to up to CDN$25 Million
TMX Newsfile· 2026-01-29 23:26
Core Viewpoint - K2 Gold Corporation has announced an increase in its non-brokered private placement due to strong investor demand, aiming to issue up to 35,714,286 common shares at a price of CDN$0.70 per share, targeting total gross proceeds of approximately CDN$25,000,000 [1] Offering Details - The Offered Shares will be available to purchasers in Canadian provinces and territories, excluding Quebec, under the listed issuer financing exemption [2] - The Offered Shares will not be subject to a statutory hold period in Canada, except for a four-month hold period applicable under the TSX Venture Exchange [2] - The Offering may also be available in jurisdictions outside Canada on a private placement basis, adhering to applicable laws [4] Use of Proceeds - The net proceeds from the Offering are intended for exploration at the Mojave and Si2 projects, as well as for general corporate purposes [5] Project Highlights - The Mojave Project is a 5,830-hectare oxide gold project in California, with successful drilling results including 6.68 g/t Au over 45.72m at the Dragonfly Zone [10] - The Si2 Project is located in Nevada and has shown potential for higher-grade gold at depth, with historical drilling only testing upper levels [11] - The Wels Project has intersected gold in all 12 drill holes during the 2023 Reverse Circulation drilling program, indicating a new mineralized corridor [13] Company Background - K2 Gold Corporation is led by a team with a track record of over $2.6 billion in gold transactions, including significant sales by Great Bear Resources and Kaminak Gold [9] - K2 is part of Discovery Group, known for the discovery of over 10 million ounces of gold [9]
Iconic Minerals Ltd. Receives Final Acceptance to Close Non-Brokered Private Placement for Gross Proceeds of $3,750,000
TMX Newsfile· 2026-01-29 18:19
Core Viewpoint - Iconic Minerals Ltd. has received final acceptance from TSX Venture Exchange for a non-brokered private placement to raise up to $3,750,000 through the issuance of 30,000,000 units at a price of $0.125 per unit [1] Group 1: Financing Details - The financing consists of units, each comprising one common share and one common share purchase warrant, with warrants exercisable at $0.17 per share for two years [1] - If the company's shares trade at $0.35 or higher for 10 non-consecutive trading days, the company may accelerate the expiry date of the warrants [1] - Eligible finders will receive a total of $57,881 in cash and 463,000 finders' warrants, also subject to the same exercise terms as the main warrants [3] Group 2: Use of Proceeds - Proceeds from the financing will be allocated towards drilling and advancing the exploration program on the New Pass gold property in Nevada, as well as for general working capital [2] Group 3: Regulatory and Compliance Information - All securities issued in the financing are subject to a four-month and one-day hold period in Canada, and the closing is contingent upon TSXV approval [4] - The securities offered have not been registered under the U.S. Securities Act and cannot be sold in the United States without registration or an exemption [5]