Common Share Purchase Warrant
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Panoro Minerals Ltd. Announces Closing of Final Tranche of Brokered LIFE Offering for Gross Proceeds of C$520,000
Globenewswire· 2025-12-23 14:29
Core Viewpoint - Panoro Minerals Ltd. has successfully closed the second tranche of its private placement, raising a total of C$3,438,200 to fund its Cotabambas Copper-Gold-Silver project and for general corporate purposes [1][3]. Group 1: Offering Details - The second tranche of the offering generated gross proceeds of C$520,000 from the sale of 1,300,000 units at a price of C$0.40 per unit [1]. - The total amount raised from the offering was C$3,438,200 from the sale of 8,595,500 units [1]. - Each unit consists of one common share and one common share purchase warrant, with warrants allowing the purchase of shares at C$0.60 until November 21, 2028 [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for infill drilling, metallurgical testing, pre-feasibility engineering, and an updated preliminary economic assessment for the Cotabambas Project [3]. - Additional funds will be used for working capital and general corporate purposes [3]. Group 3: Regulatory and Agent Information - The offering was conducted under the listed issuer financing exemption, allowing the units to be issued to Canadian purchasers [4]. - Red Cloud Securities Inc. acted as the lead agent, with Cormark Securities Inc. as co-agent, receiving a 6.0% cash commission on the gross proceeds [5]. Group 4: Company Objectives - Panoro is focused on completing technical objectives, including project optimization studies that will contribute to a preliminary economic assessment for the Cotabambas Project [8]. - The company is also engaged in discussions regarding potential strategic alternatives to advance the project into construction and operation [8].
Panoro Minerals Ltd. Announces Update to Previously Announced Brokered LIFE Offering for Gross Proceeds of up to C$5 Million
Globenewswire· 2025-12-22 22:52
Core Viewpoint - Panoro Minerals Ltd. is conducting a private placement to raise up to C$5,000,000 through the sale of units priced at C$0.40 each, with the offering document filed on December 22, 2025 [1][2]. Group 1: Offering Details - The private placement, referred to as the Marketed Offering, aims to sell up to 12,500,000 units, with the first tranche already closed, raising C$2,918,200 from 7,295,500 units sold [2]. - The December Offering Document includes an additional sale of up to 1,300,000 units for gross proceeds of up to C$520,000 [2]. - Each unit consists of one common share and one warrant, with warrants allowing the purchase of additional shares at C$0.60 until November 21, 2028 [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for infill drilling, metallurgical testing, pre-feasibility engineering, and an updated preliminary economic assessment for the Cotabambas Copper-Gold-Silver project, along with general corporate purposes [6]. Group 3: Regulatory and Compliance - The offering will comply with National Instrument 45-106, allowing sales to purchasers in all Canadian provinces except Québec, and may also be offered in offshore jurisdictions and the U.S. under certain exemptions [7]. - The closing of the offering is scheduled for December 22, 2025, subject to necessary regulatory approvals [9].
Stillwater Critical Minerals Announces Bought Deal LIFE Private Placement for Gross Proceeds of C$10 Million
Accessnewswire· 2025-12-15 12:15
Core Viewpoint - Stillwater Critical Minerals Corp. has announced a private placement agreement with Red Cloud Securities Inc. and Research Capital Corporation to raise gross proceeds of C$10,000,400 through the sale of 21,740,000 units at a price of C$0.46 per unit [1] Group 1: Financial Details - The offering consists of 21,740,000 units priced at C$0.46 each, resulting in total gross proceeds of C$10,000,400 [1] - Each unit includes one common share and one-half of a common share purchase warrant [1]
PyroGenesis Announces Closing of Third Tranche of the Non-Brokered Private Placement for $904,083
Globenewswire· 2025-11-28 12:00
Core Viewpoint - PyroGenesis Inc. has successfully closed a non-brokered private placement, raising a total of $5,226,083 through the sale of 14,185,969 units, which includes two unit groups [1][4]. Group 1: Private Placement Details - The private placement consisted of two unit groups, with the first group selling 5,555,556 units at a price of $0.63 per unit, generating gross proceeds of $3,500,000 [2]. - The second tranche of the second unit group issued 4,520,414 units at a price of $0.20 per unit, resulting in gross proceeds of $904,083, in addition to the first tranche of 4,110,000 units that raised $822,000 [3]. - In total, the two unit groups accounted for 14,185,969 units sold for gross proceeds of $5,226,083 [4]. Group 2: Use of Proceeds and Regulatory Approval - The proceeds from the private placement will be utilized for working capital and general corporate purposes [5]. - The private placement has received conditional approval from the TSX, pending final approval and customary closing conditions [5]. Group 3: Unit Group Structure - Each unit in the first group consists of one common share and one warrant, priced at $0.63, with the warrant allowing the purchase of a common share at $0.28 for 48 months [8]. - Each unit in the second group consists of one common share and one warrant, priced at $0.20, with the warrant allowing the purchase of a common share at $0.40 for 24 months [8].
NexMetals Welcomes Condire As a New 9.9% Shareholder and Announces Closing of $80 Million Public Offering
Newsfile· 2025-11-17 15:36
Core Points - NexMetals Mining Corp. successfully closed a public offering of units, raising gross proceeds of C$80 million at a price of C$5.70 per unit [1][4] - Condire Investors, LLC became a new shareholder with a 9.9% stake in the company following the offering [3] - The net proceeds will be used for prepayment of a milestone payment under an Asset Purchase Agreement for the Selebi and Selkirk mines, exploration activities in Botswana, and general corporate purposes [4][5] Offering Details - Each unit consists of one common share and one warrant, with warrants allowing the purchase of additional shares at C$8.00 until November 17, 2027 [2] - EdgePoint Investment Group participated in the offering, acquiring 1,578,500 units for approximately C$9 million, increasing their stake to about 17.6% [3] - The offering included a cash commission of 6.0% of gross proceeds, totaling C$4,512,017 [5] Future Plans - The company plans to use the funds to secure title to the Selebi and Selkirk assets and accelerate growth and project derisking [5] - The offering is subject to final approval from the TSX Venture Exchange, with conditional approval for the listing of warrants [7] Insider Participation - Insiders subscribed for a total of 1,695,000 units, which is considered a related party transaction [8] - The company is relying on exemptions from formal valuation and minority shareholder approval requirements due to the participation not exceeding 25% of the company's market capitalization [8]
Panoro Minerals Ltd. Announces Brokered LIFE Offering for Gross Proceeds of up to C$5 Million
Globenewswire· 2025-10-29 11:09
Core Viewpoint - Panoro Minerals Ltd. has announced a private placement to raise up to C$5,000,000 through the sale of 12,500,000 units at C$0.40 per unit, with participation from Wheaton Precious Metals Corp. expected [1][4]. Group 1: Offering Details - The offering consists of units, each comprising one common share and one warrant, with warrants allowing the purchase of additional shares at C$0.60 within 36 months [2]. - An option is granted to agents to sell an additional 2,500,000 units for up to C$1,000,000 in gross proceeds [3]. - The offering is scheduled to close on November 18, 2025, subject to regulatory approvals [7]. Group 2: Use of Proceeds - Net proceeds from the offering will be allocated for infill drilling, metallurgical testing, pre-feasibility engineering, and an updated preliminary economic assessment for the Cotabambas Project, along with working capital [4]. Group 3: Regulatory and Trading Information - The units will be offered to purchasers in all Canadian provinces except Québec and may also be sold in offshore jurisdictions and the U.S. under certain exemptions [5][8]. - The securities will not be registered under the U.S. Securities Act and cannot be sold in the U.S. without registration or applicable exemptions [8]. Group 4: Company Focus - Panoro is focused on completing technical objectives for the Cotabambas Project, including project optimization studies and engaging in discussions for strategic alternatives to advance the project [10].
Colibri Clarifies Structure of Its Offerings
Newsfile· 2025-10-17 19:59
Core Points - Colibri Resource Corporation is conducting multiple securities offerings, including a non-brokered private placement and a debt conversion, while clarifying previous disclosures [1][5] - The company is focused on mineral exploration, particularly gold and silver properties in Mexico, holding several high-potential projects [3] Offering Details - The Unit Offering consists of up to 8,333,333 units priced at $0.15 each, aiming for gross proceeds of up to $1,250,000, with each unit including one common share and one warrant [5] - A debt conversion will exchange approximately $520,000 for up to 3,466,667 units, with no insider participation [5] - The Debenture Offering targets gross proceeds of up to US$250,000, consisting of convertible debentures and warrants, with a fixed conversion price of C$0.25 per common share [5] Company Overview - Colibri Resource Corporation is a Canadian mineral exploration company listed on the TSX Venture Exchange, focusing on acquiring and developing gold and silver properties in Mexico [3] - The company holds 100% ownership of the EP Gold Project, a 49% interest in the Pilar Gold & Silver Project, and a 60% interest in the Diamante Gold & Silver Project [3]
Appia Announces Closing Scheduled for Final Tranche of Non-Brokered Private Placement
Newsfile· 2025-10-08 13:26
Core Points - Appia Rare Earths & Uranium Corp. is closing the final tranche of a non-brokered private placement, issuing 3,968,648 working capital units at a price of $0.185 per unit for gross proceeds of $734,200 on October 15, 2025 [1][3] Group 1: Private Placement Details - Each working capital unit consists of one common share priced at $0.185 and one-half of a common share purchase warrant, with full warrants allowing the purchase of one common share at $0.30 until specific conditions are met [2] - All securities issued will be subject to a hold period expiring on February 16, 2026, and proceeds will be used for general working capital and exploration in Brazil and Saskatchewan [3] Group 2: Transaction with Ultra Rare Earth Inc. - Ultra Rare Earth Inc. is proceeding with a transaction to acquire a 50% interest in Appia Brasil Rare Earths Mineracao Ltda, which holds the PCH Project in Brazil [5] - Ultra is required to invest US $2 million into a private placement comprising 5,520,000 units priced at $0.50 (Cdn) per unit, with each unit consisting of one common share and one-half of a warrant exercisable at $0.70 (Cdn) for 24 months [6] Group 3: Company Overview - Appia is a publicly traded Canadian company focused on rare earth elements and uranium, holding rights to acquire up to a 70% interest in the PCH Ionic Adsorption Clay Project in Brazil and exploring for high-grade uranium in the Athabasca Basin [7] - The company has 170 million common shares outstanding and 210 million shares fully diluted [8]
Goat Industries Announces Closing Of First Tranche Of Private Placement
Thenewswire· 2025-10-07 00:40
Core Points - GOAT Industries Ltd. has completed the first tranche of a non-brokered private placement, raising gross proceeds of C$2,019,199.80 through the sale of 6,730,666 units at C$0.30 per unit [1][2] - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional share at $0.45 for two years [2] - The net proceeds will be used for the acquisition of 1509467 B.C. Ltd. and Vroom, Inc. (collectively "BETSource"), to expand BETSource's business, for future investments, and for general corporate purposes [3] Financial Details - The company paid finder's fees totaling C$99,414.00 and issued 331,380 broker warrants, each allowing the acquisition of half a common share at C$0.45 for two years [4] - An insider acquired 66,666 units in settlement of management fees totaling C$10,020, which is classified as a related party transaction [4] Regulatory Information - All securities issued under the offering are subject to a statutory hold period of four months and one day from the date of issuance [5] - The company is exempt from formal valuation and minority shareholder approval requirements under MI 61-101, as the fair market value of the securities issued did not exceed 25% of the company's market capitalization [4] Company Overview - GOAT Industries Ltd. is focused on investing in high-potential companies across various industries, aiming to generate maximum returns from its investments [6]
Midnight Sun Announces Further Upsize to Previously Announced “Bought Deal” Life Offering and Private Placement of Units to C$26.5 Million
Globenewswire· 2025-10-03 17:30
Core Viewpoint - Midnight Sun Mining Corp. has announced an upsized offering of C$26.5 million through a bought deal financing to support its exploration projects in Zambia [1][4]. Offering Details - The upsized offering will consist of 19,630,000 units priced at C$1.35 per unit, resulting in gross proceeds of C$26,500,500 [2]. - Each unit includes one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of one common share at C$2.00 for 24 months [3]. - The underwriters have an option to purchase an additional 15% of the offering, potentially raising an extra C$3,975,075 [4]. Use of Proceeds - The net proceeds from the offering will be allocated to advancing exploration projects in Zambia and for general corporate purposes [4]. Regulatory and Closing Information - The offering is expected to close around October 28, 2025, pending necessary approvals from the TSX Venture Exchange and regulatory authorities [7]. - Units offered under the LIFE exemption will not have resale restrictions, while those under private placement exemptions will be subject to a hold period of four months and one day [5][6]. Compensation to Underwriters - The company will pay the underwriters a cash commission of 6.0% of the gross proceeds and issue compensation options equivalent to 6.0% of the total units sold [8]. Company Background - Midnight Sun is focused on its flagship Solwezi Project in Zambia, located in a major copper-producing region, aiming to discover and develop significant copper deposits [11].