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Nobel Announces Private Placement Offerings
Globenewswire· 2025-10-29 20:03
Core Viewpoint - Nobel Resources Corp. has announced a new financing initiative, the LIFE Offering, aiming to raise between $1.5 million and $2.5 million through the sale of units priced at $0.05 each, with a closing date anticipated around November 17, 2025 [1][8]. Group 1: Offering Details - The LIFE Offering will consist of a minimum of 30,000,000 units and a maximum of 50,000,000 units, with each unit comprising one common share and one-half of a common share purchase warrant [1][2]. - Each warrant will allow the holder to purchase one share at a price of $0.06 for a period of 24 months following the closing date, with a 70-day waiting period before exercise [2]. - The company will pay a cash commission of 7% on the gross proceeds to the agents and issue broker warrants equal to 7% of the total units sold [3]. Group 2: Regulatory and Compliance - The LIFE Offering will be available to purchasers in all Canadian provinces except Québec, under the listed issuer financing exemption [4]. - The securities from the LIFE Offering are expected to be freely tradable under Canadian securities legislation if sold to Canadian residents [4]. Group 3: Additional Offerings - In addition to the LIFE Offering, the company plans a concurrent non-brokered private placement of up to 20,000,000 units [5]. - Participation from certain insiders in the non-brokered offering will be classified as a related party transaction, with the company relying on exemptions from formal valuation requirements [6]. Group 4: Use of Proceeds - The net proceeds from both offerings will be allocated towards exploration work on the company's mineral properties in Chile, as well as for general corporate and working capital purposes [7]. Group 5: Closing and Approval - The offerings are subject to necessary approvals, including that of the TSX Venture Exchange, and are expected to close on or before 45 days from the announcement date [8]. Group 6: Company Overview - Nobel Resources is a Canadian resource company focused on identifying and developing mineral projects, backed by a team with a strong exploration success record [12].
Chijet Motor Company Announces Closing of $20.0 Million Private Placement
Globenewswire· 2025-10-06 11:10
Core Points - Chijet Motor Company, Inc. has successfully closed a private placement offering, raising gross proceeds of $20.0 million [1][2] - The offering involved units consisting of one ordinary share priced at $0.15 and three warrants, each exercisable at $0.18 [2] - The warrants are valid for three years and can be exercised on a cashless basis under certain conditions [2] Company Overview - Chijet specializes in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles (NEVs) [5] - The company operates a large modern vehicle production base in Jilin, China, and is constructing a factory in Yantai, China, dedicated to NEV production [5] - Chijet's management team comprises industry veterans with extensive experience in various fields including engineering, design, and financial management [5]
Chijet Motor Company Announces Private Placement Offering of Up to $20.0 Million
Globenewswire· 2025-09-26 11:00
Core Points - Chijet Motor Company has entered into securities purchase agreements for a private placement offering of units, aiming for gross proceeds of up to $20.0 million [1] - Each unit consists of one ordinary share priced at $0.15 and three warrants, each exercisable at $0.18 per share [2] - The warrants are exercisable for three years from issuance and may be exercised on a cashless basis under certain conditions [2] Company Overview - Chijet Motor Company focuses on the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles (NEVs) [5] - The company has advanced manufacturing systems and stable supply chain management, allowing it to offer high-performance products at reasonable prices [5] - Chijet operates a large modern vehicle production base in Jilin, China, and is constructing a factory in Yantai, China, dedicated to NEV production [5] - The management team comprises industry veterans with extensive experience in various fields including engineering, design, management, and financial management [5]
Armory Mining Announces Closing of Second and Final Tranche of Private Placement
Thenewswire· 2025-09-06 00:10
Core Points - Armory Mining Corp. has successfully closed the second and final tranche of its oversubscribed non-brokered private placement offering, raising a total of $853,000 [1][3] - The final tranche involved the issuance of 1,000,000 units at a price of $0.05 per unit, generating gross proceeds of $50,000 [2] - The funds raised will be utilized for working capital and general corporate purposes [3] Company Overview - Armory Mining is a Canadian exploration company focused on minerals critical to the energy, security, and defense sectors [4] - The company holds an 80% interest in the Candela II lithium brine project in Argentina and a 100% interest in the Riley Creek antimony-gold project in British Columbia [4] - Additionally, the company has an option to acquire a 100% interest in the Ammo antimony-gold project located in Nova Scotia [4]
Graphite One Announces Amendments to Previously Announced Marketed Equity Offering
Globenewswire· 2025-08-18 20:06
Core Points - Graphite One Inc. has amended the terms of its previously announced private placement offering, now consisting of units that include one common share and one warrant, with the warrant allowing the purchase of a common share at C$1.10 for 24 months [1][2] - The offering is expected to close on or about August 22, 2025, pending necessary regulatory approvals [4] - The units are being offered under the "listed issuer financing exemption," which allows for the sale of securities without a hold period in Canada [3] Company Overview - Graphite One Inc. is focused on developing its Graphite One Project, aiming to become a U.S. producer of high-grade anode materials integrated with a domestic graphite resource [7]