Private Placement Financing

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Quoin Pharmaceuticals Announces Private Placement Financing of Up to $104.5 Million
Globenewswire· 2025-10-10 13:24
Core Viewpoint - Quoin Pharmaceuticals Ltd. has entered into a securities purchase agreement to potentially raise up to $104.5 million through PIPE financing, aimed at supporting its clinical development and general corporate purposes [1][6]. Financing Details - The financing includes participation from several healthcare-focused institutional investors such as AIGH Capital Management, Soleus Capital, and others [1][2]. - The private placement is priced at a premium to the previous day's closing stock price, with an initial upfront funding of $16.5 million and up to an additional $88.0 million from the exercise of accompanying warrants [1][3]. Securities Issuance - Quoin will issue a total of 1,993,940 American Depository Shares (ADSs) and warrants to purchase up to 7,975,760 ADSs at a combined purchase price of $8.25 per ADS and accompanying warrants [3][4]. - Certain investors are opting for pre-funded warrants at a slightly lower price of $8.2499 per warrant [4]. Warrant Structure - The accompanying warrants consist of four tranches, each with specific exercise prices and expiration conditions related to the FDA's approval process for QRX003, a treatment for Netherton Syndrome [5]. - Series H warrants have an exercise price of $9.075, Series I at $10.3125, and Series J and K at $12.375, with aggregate exercise prices of up to $18.1 million, $20.6 million, and $49.4 million respectively [5]. Use of Proceeds - The net proceeds from the private placement will be used for general corporate purposes, including operating expenses, research and development, and completion of clinical development for QRX003 [6]. Company Overview - Quoin Pharmaceuticals Ltd. is focused on developing therapeutic products for rare and orphan diseases, with a pipeline that includes treatments for conditions such as Netherton Syndrome and others [9].
Adamera to Raise Over $700,000 for Exploration including Drilling on Gold Project in Washington State
Thenewswire· 2025-10-09 11:30
Core Viewpoint - Adamera Minerals Corp. is initiating a non-brokered private placement financing to raise up to $724,000 for exploration drilling on its gold and silver properties in Washington State and British Columbia [1][2]. Financing Details - The financing will consist of two components: 1. Up to 5,600,000 Units at $0.09 per Unit, generating gross proceeds of $504,000, with each unit comprising one common share and one common share purchase warrant exercisable at $0.15 for two years [5]. 2. Up to 2,000,000 flow-through units at $0.11 per unit, raising $220,000, with each unit consisting of one common share and one-half warrant, also exercisable at $0.15 for two years [5]. Use of Proceeds - Proceeds from the unit financing will be allocated to working capital and exploration drilling on the Company's gold projects in Washington State [5]. - Flow-through funds will be directed towards qualifying Canadian exploration expenditures on newly identified gold, copper, and zinc prospects in the South Hedley Project, which may qualify for a 30% Critical Mineral Exploration Tax Credit [5]. Company Overview - Adamera Minerals Corp. focuses on exploring high-grade gold deposits in Washington State and British Columbia, holding multiple drill-ready targets in areas with historical mining activity [4].
Fidelity Minerals Announces Closing of First Tranche of Non-Brokered Private Placement Financing
Thenewswire· 2025-10-07 22:20
Vancouver, BC, October 7, 2025 – TheNewswire - Fidelity Minerals Corp. (TSX-V: FMN | FSE: S5GM | SSE: MNYC) (“Fidelity Minerals” or the “Company”) is pleased to announce that it has closed the first tranche of the non-brokered private placement (the “Private Placement”) previously announced in its News Releases dated September 17, 2025, and September 24, 2025. The first tranche comprises a total of 13,500,000 units (each, a “Unit”) at CAD $0.10 per Unit for gross proceeds of CAD $1,350,000. Each Unit cons ...
Q-Gold Closes $11,500,000 Fully Allocated Private Placement Financing, Including Agent’s 15% Over-Allotment Option
Globenewswire· 2025-10-03 13:39
TORONTO, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Q-Gold Resources Ltd. (TSXV: QGR) (“Q-Gold” or the “Company”) is pleased to announce that it has closed its previously announced private placement offering of subscription receipts (each, a “Subscription Receipt”). Pursuant to an agency agreement dated October 3, 2025 (the "Agency Agreement") between the Company and BMO Capital Markets, as agent (the "Agent"), the Company issued a total 76,666,667 Subscription Receipts at a price of $0.15 per Subscription Receipt f ...
Thunder Mountain Gold Clarifies Private Placement Financing
Newsfile· 2025-10-03 04:40
Vancouver, British Columbia and Boise, Idaho--(Newsfile Corp. - October 3, 2025) - Thunder Mountain Gold, Inc. (TSXV: THM) (OTCQB: THMG) (the "Company" or "Thunder Mountain") is issuing this news release in order to clarify that the private placement announced in its news release disseminated earlier today (the "Original News Release") is for an aggregate of up to 10,000,000 units of the Company (each, a "Unit") at a price of US$0.25 (CAD$0.35) per Unit for gross proceeds of up to US$2,500,000 (CAD$3,500,0 ...
Mirasol Resources Announces Private Placement Financing
Globenewswire· 2025-10-02 21:48
Core Points - Mirasol Resources Ltd. is arranging a non-brokered private placement financing of up to 6,666,667 Units at a price of $0.45 per Unit, aiming for aggregate gross proceeds of $3.0 million [1] - Each Unit consists of one common share and one-half of a non-transferable common share purchase warrant, with each whole Warrant allowing the purchase of an additional common share at $0.60 for twelve months [1] - The net proceeds will be utilized to expand exploration programs and for general corporate purposes, with potential finders' fees applicable [2] Company Overview - Mirasol Resources Ltd. has over 20 years of experience in operating, permitting, and community relations in mineral-rich regions of Chile and Argentina [3] - The company is currently self-funding exploration at the Sobek Copper-Gold project in the Vicuña Copper-Gold-Silver District of northeast Chile and is advancing a strong pipeline of early and mid-stage projects [3]
K9 Gold Corp. Announces Financing, Marketing Agreement and Progress on Trinity Silver Project
Newsfile· 2025-10-02 12:00
K9 Gold Corp. Announces Financing, Marketing Agreement and Progress on Trinity Silver ProjectOctober 02, 2025 8:00 AM EDT | Source: K9 Gold Corp.West Vancouver, British Columbia--(Newsfile Corp. - October 2, 2025) - K9 Gold Corp. (TSXV: KNC) (OTCQB: WDFCF) (FSE: 5GP0) ("K9" or the "Company") is pleased to announce a non-brokered private placement financing (the "Private Placement") of up to 10,000,000 units at a price of $0.25 per unit, for total gross proceeds of up to $2,500,000. Each unit w ...
Benton Closes $1.836 Million in First Tranche of Private Placement Financing
Newsfile· 2025-09-29 21:00
Core Points - Benton Resources Inc. has successfully closed the first tranche of its private placement financing, raising $1.836 million from the issuance of 33,372,910 units at a price of $0.055 each [1][2] - The total financing amount is $2.4 million, which is subject to final approval from the TSX Venture Exchange [1][3] - The proceeds from the financing will be utilized to advance projects in Newfoundland and for general working capital [2] Company Overview - Benton Resources is a mineral exploration company listed on the TSX Venture Exchange under the symbol BEX, with a diversified property portfolio and significant equity positions in other mining companies [5] - The company focuses on its high-grade Copper-Gold Great Burnt Project in Newfoundland, which has a mineral resource estimate of 667,000 tonnes at 3.21% Cu indicated and 482,000 tonnes at 2.35% Cu inferred [6] - The Great Burnt Project has shown promising drilling results, including 25.42 meters of 5.51% Cu and significant gold mineralization at the South Pond Gold Zone [6]
Datametrex Announces Upsize of Non-Brokered Private Placements
Accessnewswire· 2025-09-29 11:30
Core Viewpoint - Datametrex AI Limited is seeking approval from the TSX Venture Exchange to increase the amounts of its previously announced non-brokered private placement financings [1] Group 1: Financing Details - The company plans to increase the private placement of common shares from $3,000,000 to $4,000,000 [1] - The financing of subscription receipts will be increased from $1,000,000 to $1,300,000 [1] - The total amount of the offerings will be adjusted accordingly with these increases [1]
Lithium Ionic Closes First Tranche of Oversubscribed $15M Non-brokered Private Placement
Globenewswire· 2025-09-29 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, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQB: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) reports that is has closed the first tranche of its previously announced non-brokered private placement financing of 18,350,141 units (the “Units”) at $0.70 per Unit for gross proceeds of $12,845,09 ...