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Earthwise Minerals Closes Private Placement
Accessnewswire· 2026-03-31 21:15
Earthwise Minerals Closes Private Placement <!-- Twitter Tags --> <!-- Facebook Tags --> <!-- Injecting site-wide to the head --> <!-- End Injecting site-wide to the head --><!-- Inject secured cdn script --> <!-- ========= Meta Tags ========= --> <!-- PWA settings --> <!-- Add manifest --> <!-- End PWA settings --> <!--Add favorites icons--><!-- End favorite icons --> <!-- render the required CSS and JS in the head section --> <!-- loadCSS function header.jsp--> <!-- Google Fonts Include --><!-- loadCSS fu ...
Connect Biopharma Announces $20.2 Million Private Placement Financing
Globenewswire· 2026-03-30 11:02
Funding from new and existing investors extends anticipated cash runway into the second half of 2027 SAN DIEGO, March 30, 2026 (GLOBE NEWSWIRE) -- Connect Biopharma Holdings Limited (Nasdaq: CNTB) (“Connect Biopharma,” “Connect” or the “Company”), a clinical-stage biopharmaceutical company focused on transforming care for the treatment of inflammatory diseases, today announced that it has entered into a securities purchase agreement with a select group of institutional accredited investors to sell 6,130,000 ...
Consolidated Lithium Metals Announces First Tranche Closing of Private Placement Financing
Globenewswire· 2026-03-18 13:16
Core Viewpoint - Consolidated Lithium Metals Inc. has successfully closed the first tranche of its non-brokered offering, raising approximately $7,885,000, which is seen as a significant milestone and a strong vote of confidence from investors [1][3]. Group 1: Offering Details - The offering included 27,500,000 LIFE Units at $0.08 each, raising $2,200,000; 23,437,502 Critical FT Shares at $0.096 each, raising $2,250,000; and 28,625,000 Charity FT Units at $0.12 each, raising $3,435,000 [7]. - Each LIFE Unit consists of one common share and one-half of a warrant, while each Critical FT Share and Charity FT Unit also qualifies as a "flow-through share" under Canadian tax law [7]. - The total gross proceeds from the offering are allocated for exploration expenses and critical mineral mining expenditures on the Kwyjibo Rare Earth Project and other lithium properties [9]. Group 2: Warrant and Finder Fees - Each warrant allows the holder to purchase one common share at an exercise price of $0.12 until March 17, 2029, with certain warrants not exercisable until May 16, 2026 [2]. - The company paid approximately $630,800 and issued 6,365,000 finder warrants as fees to various assisting parties in the offering [6]. Group 3: Regulatory and Compliance - The offering is subject to final acceptance by the TSX Venture Exchange [10]. - Securities issued under the Listed Issuer Financing Exemption and OSC Rule 72-503 are not subject to a hold period, while other securities have a statutory four-month hold period ending July 18, 2026 [4][8]. Group 4: Company Overview - Consolidated Lithium Metals is a Canadian junior mining exploration company focused on critical mineral projects in stable jurisdictions, trading under the symbol "CLM" on the TSX Venture Exchange [12]. - The company is committed to supporting the energy transition through responsible development of critical mineral supply chains [12].
First Tellurium Announces Increase in Private Placement Financing and 1st Tranche Closing
Thenewswire· 2026-03-17 22:10
Group 1 - The Company has completed the first tranche of its non-brokered private placement, issuing 4,992,545 Units for gross proceeds of $848,732.65 [1] - A finder's fee of $1,700 was paid in connection with the first tranche, and all securities issued are subject to a hold period expiring on July 18, 2026 [1] - Due to increased interest, the Company is raising the maximum offering to 14,000,000 Units at a price of $0.17 per Unit, aiming for gross proceeds of up to $2,380,000 [2] Group 2 - Each Unit consists of one common share and one-half of one common share purchase warrant, with each whole warrant allowing the purchase of one common share at $0.24 for two years [2] - The proceeds from the sale of Units will be used for general working capital, and the Company may pay finder's fees in cash, shares, or warrants [3] - All securities issued under the offering will be subject to a hold period expiring four months and one day from their issuance date [3] Group 3 - Insider participation in the offering is anticipated, which may be considered a related party transaction under Multilateral Instrument 61-101 [4] - Such insider participation is expected to be exempt from formal valuation and minority shareholder approval requirements, as the fair market value of the securities distributed to insiders is not expected to exceed 25% of the Company's market capitalization [4] Group 4 - The Company operates with a unique business model focused on mineral discovery, project development, and tellurium-based technologies [6] - First Tellurium Corp. is listed on the Canadian Securities Exchange under the symbol "FTEL" and on the OTC under "FSTTF" [6]
T2 Metals Increases Financing to $ 7.6 Million
TMX Newsfile· 2026-03-13 12:00
Core Viewpoint - T2 Metals Corp. has increased its non-brokered private placement financing by up to $2.6 million due to strong demand, now proposing to raise up to $7.6 million by issuing up to 15,200,000 units at a price of $0.50 per unit [1][2]. Financing Details - Each unit will consist of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at $0.75 for two years from closing [2]. - Insiders may participate in the financing, and finders' fees may be applicable on a portion of the financing, with net proceeds allocated for working capital and exploration [2]. Management Commentary - Mark Saxon, CEO of T2 Metals Corp., noted strong interest from both new and existing investors, leading to the decision to increase the financing size, highlighting the attention on the company's gold and silver assets in the Yukon [3]. Regulatory Compliance - All securities issued in the financing are subject to a four-month hold period and require necessary regulatory approvals, including acceptance from the TSX Venture Exchange [3]. Company Overview - T2 Metals Corp. is an emerging copper and precious metal company focused on enhancing shareholder value through exploration and discovery, committed to engaging with rights holders and stakeholders respectfully [5].
Eureka Lithium Corp. Files Amended LIFE Offering Document
TMX Newsfile· 2026-03-12 00:00
Core Viewpoint - Eureka Lithium Corp. has filed an amended and restated LIFE Offering Document, changing the exercise price of certain warrants from $0.45 to $0.50, which is part of a financing strategy to raise capital through private placements [1][2]. Group 1: LIFE Offering Details - The LIFE Offering involves a non-brokered private placement of up to 4,761,904 units at a price of $0.42 per unit, aiming for aggregate gross proceeds of up to $2,000,000 [2]. - Each unit consists of one common share and one warrant, with the warrant allowing the purchase of one common share at an exercise price of $0.50 for 24 months [2]. - The offering is made under the LIFE Exemption, allowing securities to be issued without resale restrictions in Canada, except Quebec [6]. Group 2: Concurrent Private Placements - The company plans two concurrent private placements, each aiming for up to $2,000,000 in gross proceeds [3][4]. - The first concurrent offering will also consist of 4,761,904 units at $0.42 per unit, with similar terms as the LIFE Offering [3]. - The second concurrent offering will consist of up to 4,166,666 flow-through units at $0.48 per unit, with warrants exercisable at $0.60 for 24 months [4]. Group 3: Regulatory and Compliance Information - Securities from the LIFE Offering will not be subject to resale restrictions, while those from the concurrent offerings will have a statutory hold period of four months and one day [5][6]. - The securities have not been registered under U.S. securities laws and cannot be offered or sold in the U.S. without proper registration or exemptions [6]. Group 4: Company Overview - Eureka Lithium holds approximately 158 claims in lithium camps in Quebec and has a 100% interest in the Tyee Titanium-Vanadium Project [7]. - The company also has an option to acquire a 100% interest in the Cabin Lake Polymetallic Project in British Columbia [7].
Boron One Announces Closing of Financing
Accessnewswire· 2026-03-11 22:30
Core Viewpoint - Boron One Holdings Inc. has successfully closed a private placement, raising gross proceeds of $506,750 through the issuance of 10,135,000 units at a price of $0.05 per unit [1] Financing Details - Each unit consists of one common share and one common share purchase warrant, which can be exercised for three years at an initial price of $0.05, increasing to $0.10 in the subsequent two years [1] - The company has the option to accelerate the expiry date of the warrants if the stock trades at $0.12 per share during the initial period and $0.22 per share in the following period [1] - Related party transactions accounted for 240,000 units issued to an insider, with the fair market value being less than 25% of the company's market capitalization [1] Use of Proceeds - The net proceeds from the private placement will be utilized for working capital requirements [1] Additional Information - The company paid finder's fees of $19,250 and issued 231,000 broker warrants as part of the financing [1] - The private placement is subject to conditions, including necessary approvals from the TSX Venture Exchange [1]
Omega Pacific Clarifies Size of Previously Announced Private Placement
TMX Newsfile· 2026-03-11 21:15
Core Viewpoint - Omega Pacific Resources Ltd. has clarified that the gross proceeds from its non-brokered private placement financing will be up to $3,700,000, an increase from the previously disclosed $3,000,000, with all other terms remaining unchanged [1]. Offering Terms - The Offering will consist of 10,000,000 flow-through units (FT Units) priced at $0.22 each, and 7,500,000 non flow-through units (Units) priced at $0.20 each [12]. - Each FT Unit includes one flow-through common share and one-half of a share purchase warrant, while each Unit consists of one non flow-through common share and one-half of a share purchase warrant [12]. - FT Unit Warrants allow the purchase of one additional non flow-through common share at $0.33 for 18 months, and Unit Warrants allow the purchase at $0.30 for two years [12]. - The FT Unit Warrant and Unit Warrant will expire early if the closing price of common shares exceeds $0.50 for 15 consecutive trading days [2]. Use of Proceeds - Gross proceeds from the issuance of FT Units will be used for eligible Canadian exploration expenses related to the Williams Property in British Columbia, which qualify as flow-through mining expenditures [3]. - Net proceeds from the sale of NFT Units will be allocated for exploration and development of the Williams Property and for general working capital [3]. Additional Information - The Company may pay finders' fees in accordance with Canadian Securities Exchange policies, and the Offering is subject to customary closing conditions and no objection from the Canadian Securities Exchange [4]. - All securities issued will be subject to a hold period of four months and one day in accordance with applicable securities laws [4]. - Omega Pacific Resources Ltd. is focused on the discovery and development of the Williams Property in British Columbia's Toodoggone District and is committed to responsible exploration [6].
Eureka Lithium Corp Announces LIFE Offering and Concurrent Private Placements
TMX Newsfile· 2026-03-11 10:00
Core Viewpoint - Eureka Lithium Corp. is planning to raise up to $2,000,000 through a non-brokered private placement financing, issuing up to 4,761,904 units at a price of $0.42 per unit, which includes common shares and purchase warrants [1][3]. Group 1: Financing Details - The LIFE Offering will consist of units priced at $0.42, with each unit comprising one common share and one warrant [1]. - Each warrant allows the holder to purchase one common share at an exercise price of $0.45 for a period of 24 months [2]. - Concurrently, the company will offer additional units under two separate private placements, each aiming to raise up to $2,000,000 [3][4]. Group 2: Use of Proceeds - The net proceeds from the LIFE Offering and the Concurrent Offerings will be allocated for exploration expenses on properties in Quebec and British Columbia, as well as for general and administrative expenditures [6]. Group 3: Regulatory and Compliance - The securities issued will be subject to a statutory hold period of four months and one day from the date of issuance, in accordance with Canadian securities laws [5][8]. - The completion of the offerings is contingent upon receiving necessary regulatory approvals, including from the Canadian Securities Exchange [5][8]. Group 4: Company Assets - Eureka Lithium holds approximately 158 claims in the Raglan West, Raglan South, and New Leaf Lithium Camps in Quebec, and has a 100% interest in the Tyee Titanium-Vanadium Project [11]. - The company has an option to acquire a 100% interest in the Cabin Lake project, subject to a 2% net smelter returns royalty, contingent upon fulfilling certain obligations [10].
Consolidated Lithium Metals Announces Update to Private Placement Financing
Globenewswire· 2026-03-06 01:30
Core Viewpoint - Consolidated Lithium Metals Inc. (CLM) is amending its non-brokered private placement offering to raise up to $18,070,000 for exploration and mining expenditures related to its Kwyjibo Rare Earth Project and lithium properties [1][5]. Offering Details - The amended offering will consist of up to 31,250,000 LIFE Units priced at $0.08 each, up to 62,500,000 Critical FT Shares priced at $0.096 each, and up to 79,750,000 Charity FT Units priced at $0.12 each, collectively aiming for gross proceeds of $18,070,000 [6]. - Each LIFE Unit includes one common share and one-half of a warrant, while each Critical FT Share and Charity FT Unit will consist of one common share and one-half of a warrant [6]. Use of Proceeds - The gross proceeds from the offering will be allocated for exploration expenses, critical mineral mining expenditures, and general corporate purposes, specifically for the Kwyjibo Rare Earth Project and lithium properties [5][10]. Regulatory Compliance - The offering will be conducted under the Listed Issuer Financing Exemption and other exemptions from Canadian prospectus requirements, ensuring compliance with National Instrument 45-106 [4][8]. - The company will ensure that the total number of securities issued under the Listed Issuer Financing Exemption does not exceed 50% of its outstanding listed equity securities [4]. Company Overview - CLM is a Canadian junior mining exploration company focused on critical mineral projects, trading on the TSX Venture Exchange, Frankfurt Stock Exchange, and OTCQB Venture Market [10].