Non - brokered private placement

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JJR Wood Holdings Inc. Acquires Secured Convertible Debenture and Warrants of Touchstone Exploration Inc
Newsfile· 2025-08-18 20:30
Toronto, Ontario--(Newsfile Corp. - August 18, 2025) - JJR Wood Holdings Inc., beneficially owned and controlled by Jeffrey Wood, announces today that on August 13, 2025, it acquired a US$12,500,000 principal amount secured convertible debenture (the "Debenture") and 6,250,000 common share purchase warrants (the "Warrants") in the capital of Touchstone Exploration Inc. (the "Company"), as part of the Company's non-brokered private placement (the "Transaction").Prior to the completion of the Transaction, Mr ...
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].
Mustang Announces Closing of Second Tranche of Non-Brokered Private Placement
Globenewswire· 2025-07-22 21:05
Core Points - Mustang Energy Corp. has successfully closed the second tranche of its $3,000,000 non-brokered private placement, raising gross proceeds of C$976,843.40 [1][4] - The proceeds from the second tranche will be utilized for exploration of uranium projects in the Athabasca Basin and for general working capital [4][8] - The company issued various units including NFT Units, FT Units, and Charity FT Units, with specific pricing and terms for each type [3][8] Financial Details - The second tranche included the sale of 125,000 NFT Units at C$0.14 each, generating C$17,500.00; 814,200 FT Units at C$0.165 each, generating C$134,343.00; and 3,510,640 Charity FT Units at C$0.235 each, generating C$825,000.40 [8] - Finder's fees were paid to Red Cloud Securities Inc. totaling C$62,440.48 in cash and 281,599 Finder's Warrants, along with additional fees to other firms [6] Company Overview - Mustang Energy Corp. is focused on the discovery and development of uranium and critical mineral assets, holding a portfolio of 147,153 hectares in Saskatchewan's Athabasca Basin [8][9] - The company aims to build long-term value through responsible exploration and a focus on high-impact targets in underexplored areas [9]
US Copper Corp Proposes $750,000 Non-Brokered Private Placement
Newsfile· 2025-07-14 22:26
Group 1 - US Copper Corp announces a proposed non-brokered private placement for aggregate gross proceeds of up to $750,000, consisting of up to 7,500,000 units priced at $0.10 per unit [1] - Each unit includes one common share and one warrant, with warrants allowing the purchase of one common share for $0.15 within 2 years after closing [1] - The completion of the Offering is subject to regulatory and TSX Venture Exchange approvals [1] Group 2 - Proceeds from the Offering will be used for general working capital purposes [2] - Norm Yurik has resigned as a director of the Company to focus on other professional commitments, and the board expresses gratitude for his contributions [2]
Volatus Announces Non-Brokered LIFE Financing of up to $10,000,000
Globenewswire· 2025-07-10 00:33
Core Viewpoint - Volatus Aerospace Inc. is conducting a non-brokered private placement to raise up to approximately $10 million for expansion into the defense sector and to increase inventory of drone systems to meet rising demand [1][3]. Group 1: Offering Details - The offering consists of up to 19,230,770 units priced at $0.52 per unit, with each unit comprising one common voting share and one-half of a common share purchase warrant [1][2]. - Each warrant allows the holder to purchase one common share at an exercise price of $0.76 for a period of 36 months [2]. Group 2: Use of Proceeds - The net proceeds from the financing will be allocated for expanding into the defense business segment, increasing drone system inventory, and general working capital [3]. Group 3: Closing and Regulatory Aspects - The financing is expected to close around July 16, 2025, subject to customary conditions and necessary approvals from the TSX Venture Exchange [4]. - The financing may be completed in multiple tranches, and eligible finders may receive a cash fee of up to 6% of the gross proceeds [4]. Group 4: Company Overview - Volatus Aerospace Inc. specializes in innovative aerial solutions for various industries, including oil and gas, energy utilities, healthcare, public safety, and infrastructure [8]. - The company aims to enhance operational efficiency, safety, and sustainability through advanced aerial technologies [8].
Hi-View Clarifies Non-Brokered Private Placement
Globenewswire· 2025-06-05 17:10
Core Viewpoint - Hi-View Resources Inc. is conducting a non-brokered private placement to raise up to $480,000 by issuing up to 4,800,000 units at a price of $0.10 per unit, which includes common shares and warrants [1][2]. Group 1: Private Placement Details - The private placement will consist of units priced at $0.10 each, with each unit comprising one common share and one warrant [2]. - Each warrant allows the holder to purchase an additional share at $0.12 for a period of 36 months from issuance [2]. - Following the placement, the total number of shares outstanding will be 9,640,060 on a non-diluted basis [2]. Group 2: Financial Allocation - The net proceeds from the private placement will be used for general corporate purposes, including payables and exploration activities on the Toodoggone Projects [3]. - A finder's fee of up to 10% may apply as per Canadian Securities Exchange regulations [3]. - All securities issued will be subject to a hold period of four months and one day as required by applicable securities legislation [3]. Group 3: Company Overview - Hi-View Resources Inc. is focused on mineral exploration in Canada, holding a 100% interest in the Babine BC Copper-Gold property and other claims in the Toodoggone region [4]. - The company's total holdings cover over 9,749 hectares, with a focus on gold, silver, and copper exploration [4].
CopAur Minerals $400,000 Non-Brokered Private Placement
Newsfile· 2025-05-22 20:15
Core Viewpoint - CopAur Minerals Inc. has successfully arranged a non-brokered private placement financing for gross proceeds of $400,000 to support its exploration initiatives and general working capital [1][5]. Financing Details - The offering consists of 4,000,000 units priced at $0.10 per unit, with each unit comprising one common share and one-half of a common share purchase warrant [2]. - Each whole warrant allows the holder to purchase an additional common share at $0.15 for a period of 24 months from issuance [2]. - An acceleration clause is included, allowing the company to shorten the warrant expiry to 30 days if the common shares trade at or above $0.22 for 10 consecutive trading days [3]. Investor Participation - The placement has been fully subscribed and allocated to a select group of participants aligned with CopAur's long-term vision, indicating strong investor confidence [4][5]. Use of Proceeds - Proceeds from the financing will be utilized to advance exploration initiatives and for general working capital purposes [5]. Company Overview - CopAur is focused on developing projects in mineral-rich regions of Nevada, with its flagship project being the Kinsley Mountain Gold Project, located 90 kilometers south of the Long Canyon mine [6].
Beauce Gold Fields Closes Non-Brokered Private Placement
Thenewswire· 2025-05-14 16:00
Core Points - Beauce Gold Fields is closing a non-brokered private placement of 7,200,000 units at a price of $0.04 per unit, resulting in gross proceeds of $288,000 [1] - Each unit consists of one common share and one common share purchase warrant, allowing the holder to purchase an additional common share at $0.08 for 24 months [1] - The proceeds will be allocated for exploration financing and general corporate purposes [1] Financial Details - The company will pay finder's fees totaling $16,600 to various financial institutions involved in the placement [2] - Additionally, the company will issue a total of 300,000 warrants to the agents, allowing them to purchase common shares at $0.08 for 24 months [2] Company Overview - Beauce Gold Fields focuses on exploring and developing the largest placer gold district in eastern North America, with its flagship property being the St-Simon-les-Mines Gold project [4] - The company aims to trace old placer gold workings back to their bedrock sources to uncover economic lode gold deposits [4] - The Beauce region has a historical significance in gold mining, having produced some of the largest gold nuggets in Canadian history [4]
Eloro Resources Announces Closing of $2.5 Million Non-Brokered Private Placement
Globenewswire· 2025-05-02 21:59
Core Points - Eloro Resources Ltd. has successfully closed a non-brokered private placement offering, raising aggregate gross proceeds of C$2.5 million [1] - The offering consisted of 2,631,578 units sold at a price of C$0.95 per unit, with each unit comprising one common share and one-half of a common share purchase warrant [2] - Each warrant allows the holder to acquire one common share at an exercise price of C$1.40, valid until May 2, 2028 [2] - The net proceeds from the offering will be used for the exploration and development of the Iska Iska project, as well as for general corporate purposes and working capital [3] - The securities issued are subject to a hold period of four months plus a day from the issuance date and require final approval from the Toronto Stock Exchange [3] Company Overview - Eloro Resources Ltd. is an exploration and mine development company with a portfolio of precious and base-metal properties located in Bolivia, Peru, and Québec [5] - The company has an option to acquire a 100% interest in the Iska Iska Property, which is classified as a polymetallic epithermal-porphyry complex, a significant mineral deposit type in Bolivia [5] - Eloro also holds an 82% interest in the La Victoria Gold/Silver Project, situated in the North-Central Mineral Belt of Peru [5]
Christina Lake Cannabis Closes First Tranche of Non-Brokered Private Placement
Globenewswire· 2025-04-30 23:55
Core Viewpoint - Christina Lake Cannabis Corp. has successfully closed the first tranche of a non-brokered private placement, raising a total of CDN $1,138,910.55 through the issuance of units, which consist of common shares and warrants [1][2]. Group 1: Offering Details - The first tranche involved the issuance of 22,778,211 units at a price of $0.05 per unit, primarily as a debt settlement for existing convertible debenture holders [2]. - The offering is pending regulatory approval, including acceptance from the Canadian Securities Exchange (CSE), and all securities issued will be subject to a hold period of four months and one day [3]. - The company anticipates completing additional closings by May 30, 2025 [3]. Group 2: Related Party Transactions - Certain directors and officers subscribed for a total of 21,524,011 units, generating gross proceeds of $1,076,200.55, which qualifies as a related party transaction [4]. - The company plans to rely on exemptions from minority shareholder approval and formal valuation requirements due to the transaction's value not exceeding $2,500,000 [4]. Group 3: Company Overview - Christina Lake Cannabis is a licensed cannabis producer in Canada, with facilities covering 32 acres and over 950,000 square feet of outdoor grow space, focusing on high-quality extracts and distillates for B2B clients [6].