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Tribeca Resources Closes Upsized C$6.5 Million Non-Brokered Private Placement Offering
Thenewswire· 2025-10-23 21:00
Core Viewpoint - Tribeca Resources Corporation successfully closed a non-brokered private placement offering, raising approximately $6.49 million by issuing 30,903,183 units at a price of $0.21 per unit, indicating strong investor interest and support for the company's growth strategy in copper exploration assets in Chile [1][2]. Financing Details - The offering consisted of units, each comprising one common share and one-half of a common share purchase warrant, with warrants exercisable at $0.30 within the first year and $0.40 in the second year [2]. - The total gross proceeds from the offering amounted to $6,489,668.43 [1]. Use of Proceeds - The proceeds will primarily fund the La Higuera IOCG project, with additional allocations for initial exploration and drilling at the Jiguata Project [4][5]. - Estimated allocation of funds includes: - $1,868,000 for La Higuera Project exploration - $1,573,000 for Jiguata Project exploration - $1,331,000 for follow-up drilling at both projects - $181,000 for business development - $894,000 for general and administrative expenses - $382,000 for unallocated working capital - Total estimated allocation: $6,229,000 [5]. Regulatory and Insider Participation - The offering was conducted under the listed issuer financing exemption, meaning the securities are not subject to a hold period under Canadian securities laws [3]. - Certain insiders subscribed for approximately $936,046 worth of units, qualifying as a related party transaction, but no new insiders or changes in control occurred as a result [10]. Company Overview - Tribeca Resources focuses on copper exploration in northern Chile, aiming to develop a portfolio of mid to advanced-stage copper projects [12][13]. - The flagship property, La Higuera Project, spans 4,147 hectares and is located in the Chilean Coastal IOCG Belt [14].
Tribeca Resources Upsizes Previously Announced Non-Brokered Private Placement to C$6.5 Million and Provides Clarification Regarding Prior Announcement
Thenewswire· 2025-10-15 18:50
15 OCTOBER, 2025 | VANCOUVER, BC – TheNewswire - Tribeca Resources Corporation (TSXV: TRBC) (OTCQB: TRRCF) (“Tribeca Resources” or the “Company”) is pleased to announce that, due to strong investor demand, it has upsized its previously announced non-brokered private placement from up to 23,809,523 units of the Company (“Units”) for aggregate gross proceeds of up to $5,000,000, to up to 30,952,380 Units for aggregate gross proceeds of up to $6,500,000, at a price of $0.21 per Unit (the “Offering”). The Offe ...
Andina Copper Appoints Daniel Earle as Strategic Advisor and Announces Private Placement
Thenewswire· 2025-10-10 12:20
October 10, 2025 – TheNewswire - Vancouver, British Columbia - Andina Copper Corporation (CSE:ADNC) (FSE:FIR) (OTCQB:PMMCF) (Andina) (the Company) is pleased to announce the appointment of Daniel Earle as a Strategic Advisor. Concurrently the Company announces a fully subscribed non-brokered private placement for gross proceeds of $3,000,000 through the issue of 7,500,000 shares at a price of $0.40 per share. Daniel Earle – Strategic AdvisorDaniel Earle has over 20 years of experience in the mining sector ...
Tribeca Resources Announces Non-Brokered Private Placement of up to C$5M
Thenewswire· 2025-10-07 11:00
7 OCTOBER, 2025 | VANCOUVER, BC – TheNewswire - Tribeca Resources Corporation (TSXV: TRBC) (OTCQB: TRRCF) (“Tribeca Resources” or the “Company”) is pleased to announce that it intends to complete a non-brokered private placement of up to 23,809,523 units of the Company (“Units”) at a price of $0.21 per Unit, for aggregate gross proceeds of up to $5,000,000 (the “Offering”). The Offering is subject to a minimum aggregate subscription amount of $2,000,000. Each Unit will be comprised of one common share of t ...
Pacific Ridge Announces Digital Marketing Agreement
Newsfile· 2025-10-03 00:41
Core Insights - Pacific Ridge Exploration Ltd. has entered into a digital marketing awareness campaign agreement with IRP Holdings Corporation for a three-month term, from October 1, 2025, to December 31, 2025, with a payment of US$150,000 [1][2] - The company is also engaged with Capital Analytica for capital markets consultation and social media services, with the agreement also subject to TSX Venture Exchange approval [3] Company Overview - Pacific Ridge aims to be the leading copper exploration company in British Columbia, with its flagship project being the Kliyul copper-gold project located in the Quesnel terrane [4] - The company's project portfolio includes the RDP, Chuchi, Onjo, and Redton copper-gold projects, all situated in British Columbia [4] - The company acknowledges that its projects are located in the traditional territories of several Indigenous nations [4]
Pacific Ridge Closes Final Tranche of Brokered Financing; Raised Aggregate Gross Proceeds of C$4.65 Million
Newsfile· 2025-09-26 16:26
Core Viewpoint - Pacific Ridge Exploration Ltd. has successfully closed the second and final tranche of its private placement, raising a total of C$4,651,346.62 for its exploration projects and general corporate purposes [1][3]. Group 1: Offering Details - The final tranche raised gross proceeds of C$1,958,426.62 from the sale of 7,806,734 units at C$0.20 per unit and 1,726,434 flow-through units at C$0.23 per unit [1]. - Each unit consists of one common share and one common share purchase warrant, while each flow-through unit includes one flow-through share and one warrant [2]. - The warrants allow holders to purchase common shares at C$0.28 from November 26, 2025, to September 26, 2028 [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to the exploration of the Kliyul and RDP copper-gold projects in British Columbia, along with general working capital [3]. - Gross proceeds from the sale of flow-through shares will be used for Canadian exploration expenses and flow-through mining expenditures, with renouncement to purchasers effective by December 31, 2025 [4]. Group 3: Regulatory and Compliance - The offering was conducted under National Instrument 45-106, with units issued to Canadian purchasers under the listed issuer financing exemption [5]. - Flow-through units were issued under the "accredited investor" and "minimum amount investment" exemptions [6]. - The securities issued are subject to a statutory hold period ending on January 27, 2026 [8]. Group 4: Broker Compensation - Red Cloud Securities Inc. received cash fees of C$114,424.79 and 556,586 non-transferable common share purchase warrants as compensation for their services in the final tranche [7].
Pacific Ridge Announces Investor Relations Agreement
Newsfile· 2025-09-15 11:00
Group 1 - Pacific Ridge Exploration Ltd. has entered into an agreement with Triomphe Holdings Ltd. for investor relations and communications services, effective September 15, 2025 [1][2] - The agreement has an initial term of six months, with a total payment of CAD$120,000, and an option to renew for an additional six months at a reduced rate [2] - The company will also grant 100,000 incentive stock options to Capital Analytica at a later date, subject to TSX Venture Exchange approval [2] Group 2 - Pacific Ridge aims to become British Columbia's leading copper exploration company, with its flagship project being the Kliyul copper-gold project [3] - The company has a diverse project portfolio that includes the RDP, Chuchi, Onjo, and Redton copper-gold projects, all located in British Columbia [3] - The projects are situated in the traditional territories of several Indigenous nations, including the Gitxsan Nation and Nak'azdli Whut'en [3]
Pacific Ridge Closes First Tranche of Brokered Private Placement for Gross Proceeds of C$2.7 Million
Newsfile· 2025-09-05 20:31
Core Points - Pacific Ridge Exploration Ltd. has closed the first tranche of its private placement, raising gross proceeds of C$2,692,920 from the sale of 11,390,000 units at C$0.20 per unit and 1,804,000 flow-through units at C$0.23 per unit [1][9] - The company plans to use the net proceeds for exploration of its Kliyul and RDP copper-gold projects in British Columbia, as well as for general working capital [3] - The offering includes common shares and warrants, with each warrant allowing the purchase of one common share at C$0.28 from November 5, 2025, to September 5, 2028 [2] Financial Details - The total gross proceeds from the sale of flow-through shares will be used for Canadian exploration expenses and flow-through mining expenditures, with an effective date for renouncement not later than December 31, 2025 [4] - Red Cloud Securities Inc. acted as the sole agent and bookrunner for the offering, receiving cash fees of C$132,596.40 and 651,480 non-transferable common share purchase warrants [7] Regulatory Compliance - The units were issued to Canadian purchasers under the listed issuer financing exemption, and the flow-through units were issued under accredited investor and minimum amount investment exemptions [5][6] - The securities issued from the sale of flow-through units and broker warrants are subject to a statutory hold period until January 6, 2026 [8] Insider Participation - Two directors of the company participated in the offering, acquiring a total of 100,000 flow-through units and 100,000 units, which is classified as a related party transaction [10] Company Overview - Pacific Ridge aims to become a leading copper exploration company in British Columbia, with its flagship Kliyul copper-gold project located in a prolific area close to existing infrastructure [13]
Pacific Ridge Announces Brokered Private Placement for Gross Proceeds of up to C$4 Million
Newsfile· 2025-08-18 11:00
Core Viewpoint - Pacific Ridge Exploration Ltd. has announced a private placement agreement with Red Cloud Securities Inc. to raise up to C$4,000,000 through the sale of Units and Flow-Through Units for exploration and working capital purposes [1][4]. Offering Details - The Offering will consist of Units priced at C$0.20 and Flow-Through Units priced at C$0.23, with gross proceeds expected to be C$3,000,000 and C$1,000,000 respectively [8]. - Each Unit includes one common share and one common share purchase warrant, while each Flow-Through Unit consists of one flow-through share and one warrant [1][2]. Use of Proceeds - The net proceeds from the Offering will be allocated for continued drilling at the RDP copper-gold project and a restart of drilling at the Kliyul copper-gold project, along with general working capital [4]. Regulatory Compliance - The Offering will comply with applicable regulatory requirements and will be offered to purchasers in specific Canadian provinces, with potential offerings in the U.S. under certain exemptions [6][11]. Closing Date - The Offering is anticipated to close on or about August 29, 2025, subject to necessary regulatory approvals [10]. Company Background - Pacific Ridge aims to become a leading copper exploration company in British Columbia, with key projects including Kliyul and RDP, among others [12].
Pampa Metals and Rugby Resources Complete Arrangement Transaction
Globenewswire· 2025-07-25 11:30
Core Viewpoint - Pampa Metals Corporation has successfully acquired Rugby Resources Ltd, enhancing its portfolio with significant copper exploration projects in South America, particularly the Cobrasco and Mantau projects [1][14]. Acquisition Details - The acquisition involved the issuance of 65,165,185 common shares of Pampa Metals to former Rugby shareholders at a ratio of one Pampa Share for every 6.4 Rugby Shares [1]. - Following the acquisition, former Rugby shareholders will hold approximately 30.86% of the issued and outstanding Pampa Shares [6]. Leadership Changes - Bryce Roxburgh, the outgoing President and CEO of Rugby, has been appointed to the board of directors of Pampa Metals while continuing as a director of Rugby [2]. Strategic Expansion - Pampa Metals aims to rapidly explore and advance its flagship Piuquenes copper-gold porphyry project in Argentina, recommence drilling at Rugby's Cobrasco copper-molybdenum discovery in Colombia, and assess the Mantau copper-gold prospect in Chile [7]. - The acquisition is expected to create substantial shareholder value by leveraging the high-grade Piuquenes project and the exploration potential of Cobrasco [5]. New Exploration Company - As part of the Arrangement, Rugby shareholders received shares in a new exploration company, Aegis Resources Ltd, which holds various assets including a 20% joint venture interest in the Cobrasco Project and other gold-silver projects [11]. Company Background - Pampa Metals is focused on copper-gold exploration in the Andean porphyry belts of Argentina and Colombia, with ongoing drilling activities at the Piuquenes project [13][14].