Private placement

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Eloro Resources Announces Upsize of Bought Deal LIFE Private Placement for Gross Proceeds of C$10.0 Million
Globenewswire· 2025-08-22 16:03
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. TORONTO, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Eloro Resources Ltd. (TSX: ELO; OTCQX: ELRRF; FSE: P2QM) (“Eloro” or the “Company”) is pleased to announce that as a result of strong investor demand, the Company has doubled the size of its previously announced “bought deal” private placement (the “Underwritten Offering”) from ...
Volatus Aerospace Inc. Announces Closing of Quebec Led Institutional “Bought Deal” Private Placement
GlobeNewswire News Room· 2025-08-14 13:12
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV:FLT) (OTCQX:TAKOF) (Frankfurt: ABB) (“Volatus” or the “Company”) is pleased to announce that it has completed its previously announced bought deal private placement offering of securities, including the exercise in full of the Underwriter’s (as defined below) over-allotment option, of a total of 9,288,462 units of the Company (the “Offered ...
Stallion Uranium Announces Flow-Through and Non-Flow Through Private Placements for Gross Proceeds of up to $12M
GlobeNewswire News Room· 2025-08-06 01:49
Core Viewpoint - Stallion Uranium Corp. has announced a non-brokered private placement to raise up to $12 million through the issuance of flow-through and non-flow-through units at a price of $0.20 per unit, with the first tranche expected to close by August 15, 2025 [1] Group 1: Offering Details - The Offering consists of up to 60,000,000 units, including flow-through units (FT Units) and non-flow-through units (NFT Units) [1] - Each FT Unit includes one flow-through common share and one FT Warrant, allowing the purchase of an additional FT Share at $0.26 for 60 months [2] - Each NFT Unit consists of one non-flow-through common share and one NFT Warrant, permitting the purchase of an additional NFT Share at $0.26 for 60 months [3] Group 2: Use of Proceeds - Gross proceeds from FT Units will be allocated to exploration expenditures on resource claims in Saskatchewan, qualifying as "Canadian exploration expenses" [5] - Net proceeds from NFT Units will be directed towards exploration and development activities in the Athabasca Basin, as well as for working capital and general corporate purposes [5] Group 3: Regulatory and Approval Requirements - The Offering is subject to corporate and regulatory approvals, including the TSX Venture Exchange, and requires disinterested shareholder approval due to the creation of a new Control Person [6] - The Company plans to seek approval from disinterested shareholders holding over 50% of its common shares to approve the creation of the new Control Person [6] - Insiders will participate in the Offering, which is expected to be exempt from formal valuation and minority shareholder approval requirements [7] Group 4: Company Overview - Stallion Uranium is focused on uranium exploration in the Athabasca Basin, which contains the largest high-grade uranium deposits globally, covering approximately 1,700 square kilometers [10] - The Company holds the largest contiguous project in the Western Athabasca Basin, adjacent to multiple high-grade discovery zones [10]
Element 29 Announces Upsized Private Placement of up to $6,400,000
Newsfile· 2025-08-01 12:00
All dollar amounts are Canadian, unless otherwise noted.Vancouver, British Columbia--(Newsfile Corp. - August 1, 2025) - Element 29 Resources Inc. (TSXV: ECU) (OTCQB: EMTRF) (BVL: ECU) ("Element 29" or the "Company") announces in connection with its previously announced non-brokered private placement ("Financing") on July 17, 2025 that it has increased the size of the Financing up to 12,800,000 units of the Company (the "Units") at a price of $0.50 per Unit for aggregate gross proceeds to the Company of up ...
Metalero Announces Upsize to Private Placement
Newsfile· 2025-07-30 16:44
Core Viewpoint - Metalero Mining Corp. has increased its offering size from $600,000 to $850,000 due to strong investor demand, indicating positive market interest in the company [1] Group 1: Offering Details - The upsized offering consists of the sale of up to 7,083,333 Units at a price of $0.12 per Unit, each Unit comprising one common share and one common share purchase warrant [1] - Each Warrant allows the holder to purchase one common share for $0.25 in the first year and $0.35 in the second year, valid for up to two years from the closing date [1] Group 2: Use of Proceeds - Proceeds from the offering will be allocated to advance exploration at the Benson Project in British Columbia, including follow-up work from recent soil sampling and geophysical surveys, as well as general working capital [2] Group 3: Company Background - Metalero Mining Corp. is a Canadian junior exploration company with offices in Vancouver and Edmonton, currently undergoing restructuring, including management changes and a new project focus [4] - The company is part of the Metals Group of Companies, emphasizing technical excellence, robust project selection, and strong corporate governance [5]
Gatekeeper Announces Closing of its $11.5 Million Bought Deal Private Placement, Including Full Exercise of Underwriters' Option
Newsfile· 2025-07-23 12:42
Gatekeeper Announces Closing of its $11.5 Million Bought Deal Private Placement, Including Full Exercise of Underwriters' OptionJuly 23, 2025 8:42 AM EDT | Source: Gatekeeper Systems Inc.Abbotsford, British Columbia--(Newsfile Corp. - July 23, 2025) - Gatekeeper Systems Inc. (TSXV: GSI) (OTC Pink: GKPRF) ("Gatekeeper" or the "Company"), a video and data solutions provider for public transportation and smart cities, is pleased to announce the closing of its previously announced brokered private ...
CopperCorp Closes First Tranche of Private Placement
Newsfile· 2025-07-18 18:27
Core Points - CopperCorp Resources Inc. has successfully closed the first tranche of its upsized non-brokered private placement, raising gross proceeds of C$1,575,319 [1] - The second tranche will involve the purchase of 10,882,352 Units by a strategic investor and Crescat Capital LLC, generating additional proceeds of C$2,500,319 for the Company [2] - The first tranche consists of 18,533,163 Units priced at C$0.085 each, with each Unit including one common share and one common share purchase warrant [3] Financial Details - The proceeds from the Offering will be allocated for exploration drilling and development of the Hydes and Jukes properties in western Tasmania, Australia, as well as for general working capital [4] - CopperCorp paid finder's fees totaling C$59,974.50 and issued 705,582 finder's warrants under the same terms as the Warrants [5] - Insiders participated in the Offering, acquiring a total of 352,941 Units, which is considered a related party transaction [6] Regulatory and Compliance - The Offering is subject to necessary regulatory approvals, including final approval from the TSX Venture Exchange, and the securities issued will be subject to a hold period under applicable Canadian securities laws [5] - The Company relied on exemptions from formal valuation and minority shareholder approval requirements due to the participation of insiders not exceeding twenty-five percent of the market capitalization [6] Company Overview - CopperCorp is focused on the exploration and development of its Skyline and AMC copper-gold-REE projects located in western Tasmania [8]
Netcapital Announces Up To $5.9 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules
Globenewswire· 2025-07-16 17:40
Group 1 - Netcapital Inc. has entered into agreements for the purchase and sale of 641,712 shares of common stock at a price of $4.675 per share in a registered direct offering [1][3] - The offering is expected to generate approximately $3 million in gross proceeds, with an additional potential of $2.9 million from unregistered short-term warrants if fully exercised [3][4] - The company intends to use the net proceeds for the repayment of certain outstanding promissory notes and for general working capital purposes [3] Group 2 - H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering [2] - The common stock is being offered under a "shelf" registration statement that was declared effective by the SEC on October 26, 2022 [4] - The unregistered short-term warrants are being offered in a private placement under Section 4(a)(2) of the Securities Act and have not been registered under the Securities Act or applicable state securities laws [5] Group 3 - Netcapital Inc. is a fintech company that provides a platform for private companies to raise capital online and offers private equity investment opportunities to investors [7] - The company's consulting group, Netcapital Advisors, provides marketing and strategic advice and takes equity positions in select companies [7] - The company's funding portal and broker-dealer are both registered with the SEC and are members of FINRA [7]
Gunnison Copper Announces $5 Million Listed Issuer Financing Exemption (LIFE) Private Placement
Newsfile· 2025-07-07 23:30
Core Viewpoint - Gunnison Copper Corp. is conducting a non-brokered private placement to raise up to C$5 million through the sale of units, aimed at funding various projects and operational expenses [1][3]. Group 1: Offering Details - The private placement will consist of up to 16,666,700 units priced at C$0.30 (US$0.23) per unit, each unit comprising one common share and one warrant [1][2]. - Each warrant allows the holder to purchase one common share at C$0.45 for a period of 36 months following the issue date [2]. Group 2: Use of Proceeds - The net proceeds will be allocated to the High Value Add Work Program at the Gunnison Copper Project, long lead time drilling, metallurgical testing for a pre-feasibility study, and general administrative expenses for the US head office for an additional 12 months [3]. Group 3: Regulatory Compliance - The offering will comply with National Instrument 45-106 and will be available to purchasers in all Canadian provinces except Québec, as well as offshore jurisdictions and the United States under certain exemptions [4][5]. Group 4: Company Overview - Gunnison Copper Corp. is a copper developer and producer operating in the Southern Arizona Copper Belt, controlling the Cochise Mining District with 12 known deposits [10]. - The flagship Gunnison Copper Project has a measured and indicated mineral resource of over 831 million tons with a total copper grade of 0.31%, and a preliminary economic assessment indicating an NPV of $1.3 billion and an IRR of 20.9% [12]. Group 5: Future Production - The Johnson Camp Asset, under construction, is expected to produce up to 25 million lbs of finished copper cathode annually, fully funded by Nuton LLC, a Rio Tinto Venture [14].
Netcapital Announces Closing of Up To $9.9 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules
Globenewswire· 2025-07-07 20:05
Group 1 - The company, Netcapital Inc., closed a registered direct offering for the purchase and sale of 714,286 shares of common stock at a price of $7.00 per share, generating approximately $5 million in gross proceeds [1][3] - In a concurrent private placement, the company issued unregistered short-term warrants to purchase up to 714,286 shares at an exercise price of $6.88 per share, potentially adding up to $4.9 million in gross proceeds if fully exercised [1][3] - The net proceeds from the offering will be used for the repayment of certain outstanding promissory notes and for general working capital purposes [3] Group 2 - H.C. Wainwright & Co. acted as the exclusive placement agent for the offering [2] - The common stock was offered under a "shelf" registration statement that was declared effective by the SEC on October 26, 2022 [4] - The unregistered short-term warrants were offered in a private placement under Section 4(a)(2) of the Securities Act and have not been registered under the Securities Act or applicable state securities laws [5] Group 3 - Netcapital Inc. is a fintech company that provides a scalable technology platform for private companies to raise capital online and offers private equity investment opportunities to investors [7] - The company's consulting group, Netcapital Advisors, provides marketing and strategic advice and takes equity positions in select companies [7] - The company's funding portal is registered with the SEC and is a member of FINRA, and its broker-dealer is also registered with the SEC and a member of FINRA [7]