Private Placement
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First Canadian Graphite Inc. Clarifies Closing Financing -- $2,801,874.00
Thenewswire· 2026-02-14 01:35
Core Viewpoint - First Canadian Graphite Inc. has successfully closed a private placement offering, raising gross proceeds of $2,801,874 from the sale of 9,339,580 units at $0.30 each, which will be utilized for general working capital and exploration activities on the Berkwood Graphite Project in Quebec [1][2]. Financing Details - The private placement consists of units, each comprising one common share and one-half warrant, with each whole warrant allowing the purchase of one common share at $0.50 for two years [1]. - The financing will incur finder fees totaling $38,802.02 in cash and 125,440 finder warrants, also exercisable at $0.50 for two years [4]. Insider Participation - Three insiders subscribed for a total of 270,000 units, which qualifies as a "related party transaction" under Multilateral Instrument 61-101, but is exempt from formal valuation and minority shareholder approval requirements [3]. Regulatory Compliance - The Company has applied to the TSX Venture Exchange for approval to close the financing and issue the securities, which will be subject to a hold period of four months plus one day from the issuance date [5]. Company Overview - First Canadian Graphite is managed by a team with over 150 years of collective experience in mining, with a focus on the Berkwood graphite resource in Northern Quebec, which is fully owned by the Company [7].
Skyline Builders Group Holding Ltd. Announces Closing of $31.59 Million Private Placement
Globenewswire· 2026-02-13 22:21
Core Viewpoint - Skyline Builders Group Holding Limited has successfully closed a private placement of Series B Preferred Shares, raising approximately $31.59 million for general working capital and corporate purposes [1][4]. Group 1: Private Placement Details - The company issued a total of 6,322 Preferred Shares, with about $26.59 million issued under Regulation D to accredited investors and approximately $5 million under Regulation S to non-US investors [1]. - Class A ordinary share purchase warrants were issued to placement agents, allowing them to purchase shares equal to 6% of the Class A ordinary shares underlying the Preferred Shares [2]. Group 2: Conversion and Exercise Terms - Each Preferred Share is convertible into Class A ordinary shares at a conversion price of $2.40, with a minimum price of $1.50 and adjustments for share splits and similar transactions [3]. - Placement Agent Warrants are immediately exercisable at an exercise price of $2.40 per share [3]. Group 3: Company Overview - Skyline Builders Group operates as an Approved Public Works Contractor in Hong Kong, focusing on civil engineering works such as roads and drainage [7]. - The company primarily undertakes public sector infrastructure projects and private sector residential and commercial developments [7].
Immunic Stock Jumps After Pricing $400 Million Private Placement
Benzinga· 2026-02-13 16:25
Immunic Inc (NASDAQ:IMUX) is surging Friday after the late‑stage biotech announced a private placement of up to $400 million.Immunic stock is gaining positive traction. Why are IMUX shares climbing?A Look At The DealThe financing was led by existing investor BVF Partners and included a strong lineup of institutional backers such as OrbiMed, RA Capital, Janus Henderson, Avidity Partners and EcoR1 Capital.The structure provides $200 million upfront through pre‑funded warrants priced at 87 cents each, with the ...
Trinity One Metals Announces Upsize of Private Placement to C$5.3 Million
TMX Newsfile· 2026-02-12 20:51
Vancouver, British Columbia--(Newsfile Corp. - February 12, 2026) - Trinity One Metals Ltd. (TSXV: TOM) (FSE: 5D5) (the "Company") is pleased to announce a non-brokered private placement (the "Concurrent Offering") for the sale of up to 10,000,000 units of the Company (the "Units") at a price of C$0.20 per Unit for gross proceeds of up to C$2,000,000, in addition to its previously announced non-brokered private placement pursuant to the listed issuer financing exemption ("LIFE") under Part 5A of National I ...
Surge Copper Announces Upsize of Private Placement to $20 Million
Globenewswire· 2026-02-12 02:50
Core Viewpoint - Surge Copper Corp. has increased the size of its non-brokered private placement to $20 million, reflecting strong demand and support from both existing and new investors [1][3]. Offering Details - The Offering will consist of 40 million units priced at $0.50 per unit, aiming for gross proceeds of $20 million [2]. - The Offering is expected to close on or about February 26, 2026, and may be completed in one or more tranches, subject to regulatory approvals [5]. Use of Proceeds - Net proceeds from the Offering will be utilized to advance mineral exploration and development projects, including the Berg and Ootsa projects, as well as for working capital and general corporate purposes [4]. Strategic Investor Participation - A strategic investor has the right to participate in the Offering to maintain its ownership interest, subject to regulatory limits, with gross proceeds assuming full exercise of this right [3]. Company Overview - Surge Copper Corp. is advancing the Berg Project, which hosts a large-scale copper-molybdenum-silver deposit, and is also working on the Ootsa Property, positioning itself as a contributor to Canada's critical minerals strategy [8][9].
Casa Minerals Inc Announces Closing of Oversubscribed Private Placement, and Retains European Marketing Firm for Investor Awareness Services
TMX Newsfile· 2026-02-11 23:08
Core Viewpoint - Casa Minerals Inc. has successfully closed the final tranche of its non-brokered private placement, raising a total of $944,000 through the issuance of 7,552,000 units, which will be used for general administration and project development activities in Arizona and British Columbia [1][4]. Group 1: Private Placement Details - The final tranche consisted of 2,635,000 units priced at $0.125 per unit, generating gross proceeds of $329,375 [1]. - Each unit includes one common share and one common share purchase warrant, with the warrants allowing the purchase of additional shares at a strike price of $0.15 for the first three months, increasing to $0.20 thereafter for two years [2]. - A Finder's Fee of $18,450 was paid to registered financial institutions for this tranche [3]. Group 2: Use of Proceeds - Net proceeds from the offering will be allocated for general administration, exploration, and development activities on the Company's projects located in Arizona and British Columbia [4]. Group 3: Marketing Agreement - Casa Minerals has entered into a digital marketing agreement with BorsenBlick to enhance investor awareness and brand visibility, with a budget of 80,500 Canadian Dollars per month for two months [6][7]. - The Company retains the option to extend or renew the marketing campaign after the initial period [7]. Group 4: Company Overview - Casa Minerals Inc. is focused on the acquisition, exploration, and development of mineral properties in Canada and the USA, holding a 90% interest in the Congress gold mine in Arizona and a 100% interest in the Pitman polymetallic property in British Columbia [8].
Moon River Moly Ltd. Announces $9 Million LIFE Offering
Globenewswire· 2026-02-11 22:18
Core Viewpoint - Moon River Moly Ltd. has announced a private placement offering to raise up to approximately $9,000,000 through the sale of units priced at $0.85 each, with a minimum gross proceeds requirement of $2,800,000 [1][5]. Group 1: Offering Details - The offering consists of up to 10,588,235 units, each unit comprising one common share and one half of a common share purchase warrant [1][2]. - Each warrant allows the holder to acquire one common share at a price of $1.15 for a period of 24 months from the closing date, with a 60-day exercise restriction post-closing [2]. - The offering is subject to regulatory approvals and is expected to close around February 26, 2026 [5]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for baseline environmental studies and further engineering studies to advance the Davidson molybdenum-copper-tungsten project, as well as for studies related to the Endako Mine [6]. Group 3: Agent Compensation - The company will pay the agents a cash commission of 7.0% of the gross proceeds and issue broker warrants equal to 7.0% of the units issued [7]. Group 4: Company Overview - Moon River is a Canadian resource company focused on the acquisition, exploration, and development of mineral projects, particularly the Davidson Property and the Endako Mine Complex [9].
Gold Reserve Announces Upsizing of Previously Announced Common Share Financing to US$75 Million
Businesswire· 2026-02-11 20:55
Core Viewpoint - Gold Reserve Ltd. has revised its engagement letter with Cantor Fitzgerald Canada Corporation, increasing the size of its private placement to approximately US$75 million at a price of US$3.00 per common share [1]. Group 1 - The private placement of common shares is expected to generate gross proceeds of up to approximately US$75 million [1]. - The price per common share for the offering is set at US$3.00 [1].
Skyline Builders Group Holding Limited Announces Pricing of a Private Placement of Preferred Shares
Globenewswire· 2026-02-11 20:45
Core Viewpoint - Skyline Builders Group Holding Limited has announced a brokered private placement of preferred shares, raising approximately $31.59 million, which will be used for its operations and growth initiatives [1]. Group 1: Private Placement Details - The company priced a private placement of 6,318 preferred shares at a par value of $0.00001 per share, with a total gross proceeds of about $31.59 million before fees [1]. - Approximately $26.59 million of the preferred shares were issued under Regulation D to U.S. investors, while about $5 million were issued under Regulation S to non-U.S. investors [1]. - Each preferred share is convertible into Class A ordinary shares at a conversion price of $2.40 per share, with a minimum conversion price of $1.50 [1]. Group 2: Placement Agency Agreement - The company entered into a Placement Agency Agreement with Dominari Securities LLC and an Introducer Agreement with Ocean Wall Ltd., collectively referred to as the Placement Agents [2]. - The Placement Agents will receive an aggregate cash fee of 8% of the gross proceeds and non-callable warrants for 6% of the Class A ordinary shares underlying the preferred shares [2]. Group 3: Registration Rights and Closing - A Registration Rights Agreement will be established with purchasers and Placement Agents, obligating the company to file a registration statement with the SEC within 60 business days for the resale of Class A ordinary shares [3]. - The offering is expected to close on or about February 13, 2026, pending customary closing conditions [4]. Group 4: Company Overview - Skyline Builders Group Holding Limited operates as an Approved Public Works Contractor in Hong Kong, focusing on civil engineering works such as roads and drainage [7]. - The company primarily undertakes public sector infrastructure projects and private sector residential and commercial developments [7].
Tectonic Metals Upsizes Financing to $80 Million
Globenewswire· 2026-02-11 14:45
Core Viewpoint - Tectonic Metals Inc. has announced an upsized private placement offering due to strong investor demand, aiming to raise C$80 million through the sale of 37,210,000 common shares at a price of C$2.15 per share [1][2]. Offering Details - The offering is being led by 3L Capital Inc., with BMO Capital Markets and SCP Resource Finance LP as co-lead agents [2]. - The Agents have an option to increase the offering size by up to 15% of the common shares sold, exercisable up to 48 hours before the closing [3]. - The common shares will be offered to accredited investors in Canada, U.S. investors under certain exemptions, and investors in specific offshore jurisdictions [4]. Use of Proceeds - The net proceeds from the offering will be allocated to advance the Flat Gold Project and for general corporate and working capital purposes [5]. Closing and Regulatory Approval - The offering is expected to close around February 24, 2026, subject to necessary approvals, including from the TSX Venture Exchange [6]. Compensation for Agents - The company will pay the Agents a cash commission of 6.0% of the gross proceeds from the offering, reduced to 2.0% for certain president's list purchases [7].