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Makenita Resources Corporate Update
TMX Newsfile· 2026-01-26 22:58
Loan Agreement - Makenita Resources Inc. has entered into a loan agreement to borrow $200,000, which is unsecured and bears an interest rate of 8% per annum [1] - The loan term is set for twenty-four months from the closing date or three business days after the company raises a minimum of $500,000 through equity or debt financing [1] - Interest payments will be made every six months, with the first payment due on or before the 5th day after the loan proceeds are advanced [1] Share Purchase Warrants - The company will issue 2,220,000 share purchase warrants to the lender, each warrant allowing the purchase of one common share at an exercise price of $0.09 for a period of five years [2] - The issuance of warrants is to occur on or before the 5th day after the loan proceeds are advanced [2] Closing Conditions - The closing of the loan is subject to various conditions, including the receipt of necessary corporate and regulatory approvals [3] - The warrants and shares issued in connection with the loan will have a hold period of four months and one day, in compliance with securities laws and stock exchange policies [3]
A.I.S. Resources Closes Non-Brokered Private Placement & Provides Corporate Update
Globenewswire· 2025-12-20 00:01
Core Points - A.I.S. Resources Limited closed a non-brokered private placement of 2,700,000 shares at $0.03 per share, raising gross proceeds of $81,000 on September 29, 2025 [1] - The proceeds from the private placement were allocated for audit fees and general office expenses, with no payments to non-arm's length parties or finders fees [2] - The company completed the sale of 25% of its interest in Buda Juice LLC for USD $500,000 on November 17, 2025 [3] - Following the revocation of a cease trade order, the company applied for reinstatement to trading with the TSX Venture Exchange on November 19, 2025 [4] - The company has withdrawn a previously proposed private placement as part of the exchange's review process [5] - A promissory note of $139,149 was issued to Panopus Plc, with an interest rate of 10% per annum, and $50,000 of the principal was repaid during the year ended December 21, 2022 [6] - A.I.S. Resources Limited focuses on natural resource opportunities, aiming to unlock value through early-stage project acquisitions and support [7]
NioCorp Developments Ltd. (NASDAQ:NB) Receives Upgrade from H.C. Wainwright
Financial Modeling Prep· 2025-09-22 15:00
Core Viewpoint - NioCorp Developments Ltd. is a significant entity in the U.S. critical minerals sector, with a focus on essential resources for technology and manufacturing industries. The stock has been upgraded to a "Buy" rating by H.C. Wainwright, with an increased price target reflecting positive investor sentiment [1][5]. Group 1: Stock Performance - NioCorp's stock has recently increased by $0.13, representing a 2.26% rise, with a trading range between $5.79 and $6.46 on the day, the latter being the highest price in the past year [2]. - The stock has experienced considerable volatility, with a yearly low of $1.27 and a high of $6.46, indicating fluctuations in investor confidence [5]. Group 2: Market Capitalization and Trading Activity - The company's market capitalization is approximately $455.9 million, highlighting its size and presence in the market [3][5]. - NioCorp has a trading volume of 9,955,781 shares, suggesting strong investor interest, likely driven by the recent stock upgrade and price target increase [3][5]. Group 3: Investor Engagement - NioCorp is scheduled to hold a live webcast on September 24, 2025, at 4:15 PM Eastern, aimed at providing insights into its operations and future plans, which may influence investor sentiment and stock performance [4].