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Germanium Mining Corp. Announces Non-Brokered Private Placement Commitment
Thenewswire· 2025-12-10 08:05
Core Points - Germanium Mining Corp. announced a non-brokered private placement of 1,250,000 units at $0.20 per unit, resulting in gross proceeds of $250,000, which was fully subscribed within 6 hours [1] - The net proceeds from the placement will be used for exploration activities and general corporate purposes, including arm's length payables [2] - All securities issued will be subject to a hold period of four months and one day, and the financing is subject to standard Canadian Securities Exchange (CSE) approval [2][4]
Germanium Mining Corp. Announces Non-Brokered Private Placement
Thenewswire· 2025-12-09 22:20
Core Viewpoint - Germanium Mining Corp. has announced a non-brokered private placement of up to 1,250,000 units at a price of $0.20 per unit, aiming to raise gross proceeds of up to CAD $250,000 [1][2]. Group 1: Private Placement Details - Each unit in the private placement consists of one common share and one transferable common share purchase warrant [1]. - Each warrant allows the holder to purchase an additional share at $0.30 per share for a period of 12 months from the issuance date [1]. - The net proceeds from the placement will be used for exploration activities and general corporate purposes, including arm's length payables [2]. Group 2: Regulatory and Compliance Information - A finder's fee of up to 10% may be applicable in accordance with Canadian Securities Exchange regulations [2]. - All securities issued will be subject to a hold period of four months and one day as required under applicable securities legislation [2]. Group 3: Company Information - The announcement is made on behalf of the board by Mario Pezzente, CEO & Director of Germanium Mining Corp. [3]. - For further information, contact details and corporate address are provided [3].
Germanium Mining Corp. Enhances Visibility of Germanium Project Portfolio Through Awareness Initiatives
Thenewswire· 2025-12-07 06:25
Group 1: Company Announcements - The company has entered into agreements with specialized firms to enhance its visibility in the global Germanium market and promote its 100% interest in the Lac du Km 35 Germanium Property in Quebec, Canada [1] - The company will retain Venture Liquidity Providers Inc. (VLP) for market-making services to maintain a consistent trading market for its common shares, starting December 8, 2025 [2][3] - The company has agreed to pay VLP CAD $5,000 per month for its services, with an initial term of three months and the possibility of renewal [3] Group 2: Marketing and PR Services - The company has entered into an agreement with Frank Haentjes for business development and corporate awareness services, starting December 8, 2025, with compensation of up to EUR €15,000 per month [5] - The company has a marketing agreement with Plutus Invest and Consulting GmbH for marketing and communications services from December 4, 2025, to June 4, 2026, with an initial fee of EUR €50,000 [6][7] - The company will not issue any securities to Plutus as compensation for the media services provided [7]
Germanium Mining Corp. Announces Non-Brokered Private Placement and Debt Settlement
Thenewswire· 2025-07-11 23:00
Core Points - Germanium Mining Corp has arranged a non-brokered private placement of up to 2,500,000 units at a price of CAD $0.10 per unit, aiming for gross proceeds of up to CAD $250,000 [1] - Each unit consists of one common share and one transferable common share purchase warrant, with warrants allowing the purchase of additional shares at CAD $0.12 for 24 months [1] - The company will issue 4,245,900 common shares at a deemed price of CAD $0.10 per share to settle CAD $424,590 of debt [1] - Following the private placement, there will be 11,864,215 shares outstanding on a non-diluted basis [1] Regulatory Compliance - The company will rely on an exception from the requirement to obtain shareholder approval for issuing more than 100% of its issued share capital on a fully diluted basis due to financial hardship [2] - The Canadian Securities Exchange (CSE) granted the exception based on the company's financial situation and the determination by independent directors that the offering is in the best interests of the company [2] Use of Proceeds - Net proceeds from the placement will be allocated towards exploration activities and general corporate purposes, including arm's length payables [3] - A commission of up to 10% may be applicable on the private placement, and all securities issued will be subject to a statutory hold period of four months and one day [3]