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Bold Ventures Closes $776,800 Non-Brokered Private Placement
TMX Newsfile· 2026-01-02 13:00
Core Viewpoint - Bold Ventures Inc. has successfully closed a non-brokered private placement offering, raising gross proceeds of $776,800 through the issuance of working capital units and flow-through units, aimed at supporting its exploration projects in Canada [1][3]. Offering Details - The offering consisted of 6,000,000 working capital units priced at $0.08 each, generating $480,000, and 3,297,776 flow-through units priced at $0.09 each, generating $296,800 [1]. - Each working capital unit includes one common share and one full common share purchase warrant, allowing the holder to acquire an additional common share at $0.12 until December 31, 2028 [4]. - Each flow-through unit comprises one common share and half of a common share purchase warrant, with one full warrant allowing the acquisition of an additional common share at $0.12 until December 31, 2027 [5]. Financial Aspects - The company paid finder fees totaling $36,719.99 and issued 454,333 compensation warrants to two eligible finders, with different expiration dates for the warrants [2]. - Insider subscriptions included three insiders who purchased 420,000 flow-through units for gross proceeds of $37,800, exempt from certain regulatory requirements [3]. Use of Proceeds - Proceeds from the working capital units will be allocated for general working capital, property maintenance, exploration, and offering expenses [4]. - Proceeds from the flow-through units will be directed towards exploration work qualifying for Canadian Exploration Expenses [5]. Company Focus - Bold Ventures is focused on exploring precious, battery, and critical metals in Canada, particularly in regions with active gold and battery metals camps [6][7]. - The company targets a range of commodities including Copper, Nickel, Lead, Zinc, Gold, Silver, Platinum, Palladium, and Chromium, aligning with future demand for these metals [6].
BWR Exploration Inc. and Electro Metals and Mining Inc. Shareholders Approve Amalgamation and Provide Financing Update
Globenewswire· 2025-12-31 17:54
Core Viewpoint - BWR Exploration Inc. and Electro Metals and Mining Inc. have received shareholder approval for a proposed amalgamation involving a Reverse Takeover of BWR by Electro, expected to close around January 31, 2026 [1][7]. BWR Voting Results - A total of 32,800,400 common shares of BWR were represented at the AGM, accounting for approximately 29.68% of the 110,510,461 common shares outstanding [2]. - Shareholders voted 100% in favor of several resolutions, including the amalgamation, appointment of auditors, election of directors, and other corporate actions [3]. Electro Voting Results - Shareholders holding 29,319,119 common shares of Electro attended the AGM, representing about 76% of the 38,530,869 common shares outstanding [4]. - The shareholders also voted in favor of the amalgamation and other corporate actions, including the appointment of auditors and election of directors [4]. Concurrent Financing Update - Electro has closed the first tranches of a Concurrent Financing, issuing 777,689 FT Units for gross proceeds of $202,199 and 635,000 HD Units for gross proceeds of $127,000 [5]. - The financing aims to raise between $1.6 million and $2.25 million through FT Units priced at $0.26 and between $1.6 million and $1.75 million through HD Units priced at $0.20 [6]. Expected Closing of Transaction - The transaction is anticipated to close on or about January 31, 2026, alongside the closing of the Concurrent Financing, with free trading shares to be issued in the new company, Electro Metals Corp [7]. Transaction Terms - Under the transaction terms, BWR will issue one post-consolidation BWR share for each Electro share, implying a share price of $0.021 for each pre-consolidation BWR share [8]. Company Profiles - BWR Exploration Inc. is a Tier 2 junior exploration company with three early-stage exploration properties in Canada, requiring further exploration to meet current reporting standards [10]. - Electro Metals and Mining Inc. is a privately held company focused on the acquisition and exploration of precious and critical metals in Québec, with significant mineralization claims [11].
Vortex Metals Announces Continuance into British Columbia
TMX Newsfile· 2025-12-30 22:05
Group 1 - Vortex Metals Inc. has continued its jurisdiction from Ontario to British Columbia, approved by shareholders on October 15, 2025 [1] - The company has replaced its articles and bylaws under the Business Corporations Act of British Columbia, with no changes to CUSIP/ISIN numbers or stock symbol [2] - Vortex Metals is focused on copper exploration and development, holding significant interests in projects in Chile and Mexico, including an option for 80% in the Illapel Copper Project and full ownership of two properties in Oaxaca [3]
Supreme Critical Metals Announces Final Closing of the Flow Through Unit Financing
TMX Newsfile· 2025-12-19 22:28
Core Viewpoint - Supreme Critical Metals Inc. has successfully closed the final tranche of its non-brokered Flow-Through Unit Private Placement, raising a total of $763,350.19 for exploration activities on its properties [1][3]. Financing Details - The first tranche raised $733,250.19 through the sale of 3,410,466 Flow-Through Units at a price of $0.215 per unit [1]. - The second tranche raised $30,100 through the sale of 140,000 Units [1]. - Each Flow-Through Unit consists of one common share and one-half of a common share purchase warrant, with the whole warrant allowing the purchase of an additional common share at an exercise price of $0.30 for 24 months [2]. Use of Proceeds - Proceeds from the Offering will be allocated for exploration on the Company's properties [3]. Company Overview - Supreme Critical Metals Inc. is a publicly traded exploration company focused on high-potential silver, copper, uranium, and gold properties across North America [5]. - The Company employs a disciplined, data-driven acquisition strategy in mining-friendly jurisdictions with established infrastructure and supportive regulatory frameworks [5].
Sun Peak Metals Announces Completion of Acquisition of Saudi Discovery Company SPV Limited
Accessnewswire· 2025-12-19 00:00
Core Viewpoint - Sun Peak Metals Corp. has successfully completed the acquisition of Saudi Discovery Company SPV Limited, enhancing its position in the Arabian Nubian Shield exploration market [1] Group 1: Transaction Details - The transaction involved the acquisition of all issued and outstanding shares of Saudi Discovery Company [1] - The completion of the transaction was accompanied by a related financing of $6.7 million [1] Group 2: Company Outlook - The CEO of Sun Peak expressed excitement about the transaction, indicating it will position the company as a leading exploration entity in the Arabian Nubian Shield [1]
Bold Ventures Announces Non-Brokered Private Placement
TMX Newsfile· 2025-12-16 13:00
Offering Details - Bold Ventures Inc. is conducting a non-brokered private placement offering of up to 6,000,000 working capital units (WC Units) at a price of $0.08 per unit, aiming to raise up to $480,000 [1] - Additionally, the company is offering up to 6,500,000 Flow Through units (FT Units) at a price of $0.09 per unit, targeting up to $585,000 [1] - Proceeds from WC Units will be allocated for general working capital, property maintenance, exploration, and offering expenses [1] - Each WC Unit includes one common share and one full common share purchase warrant (WC Warrant) allowing the holder to acquire one common share at $0.12 for three years [1] - Each FT Unit consists of one common share and half of a common share purchase warrant (FT Warrant), with the full warrant allowing the acquisition of an additional common share at $0.12 for two years [2] Finder's Fees and Regulatory Compliance - The company may pay finder's fees to qualified finders for their assistance with the offering, which can be in cash and/or securities [3] - All securities issued under the offering are subject to a statutory hold period of four months and one day, pending regulatory approval [3] Company Focus and Exploration Projects - Bold Ventures is focused on exploring Battery, Critical, and Precious Metals, targeting commodities such as Copper, Nickel, Lead, Zinc, Gold, Silver, Platinum, Palladium, and Chromium [4] - The company operates in active gold and battery metals camps in the Thunder Bay and Wawa regions of Ontario, and holds significant assets in the emerging multi-metals district known as the Ring of Fire in Northern Ontario [5]
Supreme Critical Metals Announces Life Offering
Newsfile· 2025-12-12 23:30
Core Viewpoint - Supreme Critical Metals Inc. is launching a non-brokered private placement called the LIFE Offering, aiming to raise between $540,000 and $1,000,000 through the sale of units priced at $0.15 each [1][4]. Group 1: Offering Details - The LIFE Offering consists of a maximum of 6,666,667 units and a minimum of 3,600,000 units, with each unit comprising one common share and one common share purchase warrant [1][3]. - The warrants will be exercisable for 12 months at an exercise price of $0.21 per warrant [3]. - The concurrent offering of flow-through units at $0.215 per unit remains active, with a target of raising up to $1,000,000 [1]. Group 2: Regulatory Compliance - The LIFE Offering is compliant with National Instrument 45-106, allowing it to be offered to purchasers in most Canadian provinces, excluding Quebec, Newfoundland and Labrador, and Prince Edward Island [2]. - The securities issued will not be subject to a hold period under Canadian securities laws [3]. Group 3: Use of Proceeds and Closing Date - Proceeds from the offering will be used for general corporate and working capital purposes, as detailed in the Offering Document [4]. - The anticipated closing date for the offering is around January 15, 2026, subject to necessary approvals [5]. Group 4: Company Overview - Supreme Critical Metals Inc. is a publicly traded exploration company focused on high-potential silver, copper, uranium, and gold properties across North America [7]. - The company employs a disciplined, data-driven acquisition strategy in mining-friendly jurisdictions [7].
Supreme Critical Metals Announces First Closing of the Flow Through Unit Financing
Accessnewswire· 2025-12-09 00:50
Core Points - Supreme Critical Metals Inc. has completed a first closing of its non-brokered Flow-Through Unit Private placement, raising proceeds of $733,250.19 through the sale of 3,410,466 Units at a price of $0.215 per Unit [1][2] - Each Flow-Through Unit consists of one common share and one-half of a common share purchase warrant, with the whole warrant allowing the purchase of an additional common share at an exercise price of $0.30 for 24 months [2] - The company paid finders fees of $51,327.51 and issued 238,733 broker warrants, with securities subject to trading restrictions until April 9, 2026 [3] Company Overview - Supreme Critical Metals Inc. is a publicly traded exploration company focused on high-potential silver, copper, uranium, and gold properties across North America [5] - The company employs a disciplined, data-driven acquisition strategy targeting mining-friendly jurisdictions with established infrastructure and supportive regulatory frameworks [5]
Tartisan Nickel Corp. Acquires Apex Claims Contiguous to the Kenbridge Nickel Copper Cobalt Project, Northwestern, Ontario
Newsfile· 2025-12-01 12:50
Core Viewpoint - Tartisan Nickel Corp. has successfully acquired the Apex Claims, enhancing its land position adjacent to the Kenbridge Nickel-Copper-Cobalt Project in Northwestern Ontario, which is expected to provide additional exploration opportunities and support the growing demand for critical minerals [1][5]. Group 1: Acquisition Details - The acquisition includes approximately 420 hectares of land, consolidating Tartisan's total land package in the Kenbridge Project to about 4,724 hectares (47 square kilometers) [2]. - The Apex Claims are situated in a region known for hosting nickel, copper, cobalt, and gold mineralization, underlain by Archean-aged volcanic and intrusive rocks [3]. Group 2: Strategic Benefits - The acquisition expands regional exploration coverage contiguous to the Kenbridge Project, potentially revealing parallel nickel-copper feeder systems and structural repeats similar to Kenbridge [7]. - It provides strategic control over an under-explored area with historical identification, including 13 historical diamond drill holes, which may lead to additional resource discovery [7]. Group 3: Next Steps - Tartisan's technical team plans to integrate historical data from the Apex Claims into the regional geological model, with initial work expected to include data compilation, prospecting, surface sampling, and target generation for future drill testing [5][7].
GreenLight Metals Announces Closing of $11.5 Million Bought Deal Financing
Newsfile· 2025-11-26 14:10
Core Viewpoint - GreenLight Metals Inc. has successfully closed a private placement offering, raising gross proceeds of C$11,511,500 through the issuance of 32,890,000 common shares at a price of C$0.35 per share [1][2] Group 1: Offering Details - The offering included 4,290,000 shares from the full exercise of the Underwriters' option [1] - The offering was managed by Stifel Nicolaus Canada Inc. and TD Securities Inc. as joint bookrunners and co-lead underwriters [1] - A cash commission of C$615,653.85 was paid to the Underwriters, along with the issuance of 1,544,622 non-transferable broker warrants, each exercisable into one share at C$0.35 until November 26, 2027 [3] Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for development at the Bend Project in Wisconsin, exploration on the Penokean VMS Belt, property payments, project support, and general corporate and working capital purposes [2] Group 3: Regulatory Compliance - The shares were issued under the listed issuer financing exemption, which allows for the sale without a hold period in Canada [4] - Other securities, including broker warrants, are subject to a statutory four-month hold period under Canadian securities laws [4] Group 4: Company Overview - GreenLight Metals is focused on copper-gold and gold projects in Wisconsin, particularly in the Penokean Volcanic Belt, and also has projects in Nevada [6] - The company's portfolio includes the Bend copper-gold deposit and other high-grade gold projects, emphasizing responsible exploration and local engagement [6]