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Bell Copper Announces Update to Non-Brokered Convertible Debenture Financing with Crescat Capital LLC
TMX Newsfile· 2026-03-25 11:44
Core Viewpoint - Bell Copper Corporation announces an amendment to the conversion price of its 10% convertible debentures, which will now be C$0.08 per share for the first year, with a subsequent price of $0.10 per share thereafter [1][5]. Financing Details - The financing amounts to $2,052,000 and is secured by 10% convertible debentures arranged through Crescat Portfolio Management LLC [1]. - The debentures will be accompanied by 25,650,000 detachable common share purchase warrants, reduced from 34,200,000, with an exercise price of C$0.13 per share [2]. - The debentures will be convertible at the option of the holder for a period of five years from the issuance date [1]. Security and Use of Funds - The debentures will be secured by a security interest over all present and after-acquired assets of the Company and its subsidiaries [3]. - Funds raised will be allocated to the ongoing drilling and exploration program at the Big Sandy Porphyry Copper Project and for general working capital [4]. Regulatory and Compliance - The financing is subject to necessary corporate and regulatory approvals, including TSX-V approval, and all securities issued will have a hold period of four months plus one day from the closing date [4]. - The transaction with Crescat is considered a related-party transaction but is exempt from formal valuation and minority approval requirements [6]. Company Overview - Bell Copper is focused on the exploration and discovery of large copper deposits in Arizona, particularly the Big Sandy Porphyry Copper Project and the Perseverance Porphyry Copper Project [8].
Kadestone Capital Corp. Closes First Tranche of Convertible Note Financing
TMX Newsfile· 2026-03-12 00:29
Core Viewpoint - Kadestone Capital Corp. has successfully closed the first tranche of a non-brokered private placement, raising $1.65 million through secured convertible notes and issuing 3,300,000 warrants, with further tranches expected pending regulatory approvals [1][3]. Group 1: Financial Details - The convertible notes will mature in 36 months and bear an interest rate of 10% per annum, compounded monthly, with the principal convertible into common shares at a price of $0.50 per share [2]. - Each warrant allows the holder to purchase one common share at a price of $0.60 for a period of 36 months [3]. - The proceeds from this tranche will be utilized to pay down debt and for general corporate purposes [3]. Group 2: Conversion and Repayment Terms - The convertible notes will automatically convert into common shares upon certain events, such as an equity financing yielding at least $25 million or a change of control transaction [4]. - The company can repay the principal amount of the convertible notes at any time without penalty [5]. Group 3: Insider Participation and Regulatory Compliance - An insider subscribed for $1 million of convertible notes, which is classified as a related party transaction, and the company has relied on exemptions from formal valuation and minority shareholder approval requirements [6]. - The securities issued will be subject to a four-month statutory hold period in accordance with Canadian securities laws [7]. Group 4: Company Overview - Kadestone focuses on investment, acquisition, development, and management of residential and commercial income-producing properties, as well as procurement and sale of building materials in urban centers and emerging markets in Canada [8].
Bell Copper Announces Non-Brokered Convertible Debenture Financing with Crescat Capital LLC
TMX Newsfile· 2026-03-06 12:44
Core Viewpoint - Bell Copper Corporation has announced a non-brokered financing of $2,052,000 through secured convertible debentures, arranged by Crescat Portfolio Management LLC, aimed at supporting its exploration efforts at the Big Sandy Porphyry Copper Project [1][8]. Financing Details - The financing involves the issuance of secured convertible debentures with a principal sum convertible into common shares at C$0.06 per share for the first year and C$0.10 thereafter, valid for five years [2]. - The debentures will bear an interest rate of 10% per annum, compounded annually, with no prepayment privileges [3]. - Accompanying the debentures are 34,200,000 detachable common share purchase warrants, allowing the purchase of shares at C$0.15 each for five years [4]. Conversion and Shareholder Approval - Holders of the debentures can convert accrued interest into shares at the last closing price before conversion notice, subject to TSX Venture Exchange approval [5]. - The company must call a shareholder meeting within 75 days of Crescat's request to seek approval for the creation of a new Control Person [5]. Put Right and Security Agreement - Debenture holders have a put right to require the company to repay the principal plus accrued interest after the second anniversary of issuance [6]. - The debentures will be secured by a general security agreement over all of Bell's personal property, ensuring Crescat's priority in case of default [7]. Use of Proceeds - Funds raised will be allocated to ongoing drilling and exploration at the Big Sandy Porphyry Copper Project and for general working capital [8]. Related-Party Transaction - The purchase of debentures by Crescat is classified as a related-party transaction but is exempt from formal valuation and minority approval requirements, as it does not exceed 25% of the company's market capitalization [9]. Company Overview - Bell Copper is focused on the exploration and discovery of large copper deposits in Arizona, particularly at the Big Sandy and Perseverance Porphyry Copper Projects [13].
Goliath Resources Proposes to Extend Term of Warrants Held by McEwen Inc.
Globenewswire· 2026-02-28 14:38
Core Viewpoint - Goliath Resources Limited has applied to extend the expiry date of 2,590,673 common share purchase warrants by six months, from March 10, 2026, to September 10, 2026, while maintaining the exercise price at $2.50 per share [1][2]. Company Overview - Goliath Resources is focused on exploring precious metals projects in the Golden Triangle of Northwestern British Columbia, with all projects situated in high-quality geological settings and safe jurisdictions for mining in Canada [3]. - The company completed its largest drill campaign in 2025, totaling 64,364 meters, and is fully funded for a similar-sized drill program in 2026 [3]. - Key strategic shareholders include Crescat Capital, Waratah Capital Advisors, McEwen Inc., a Global Commodity Group, Rob McEwen, Eric Sprott, and Larry Childress [3].
Kadestone Capital Corp. Announces Private Placement of Convertible Notes and Warrants
TMX Newsfile· 2026-02-25 21:12
Core Viewpoint - Kadestone Capital Corp. is initiating a non-brokered private placement of secured convertible notes and common share purchase warrants, aiming for gross proceeds of approximately $5.0 million, pending regulatory approvals [1]. Group 1: Private Placement Details - The private placement will involve secured convertible notes maturing in 36 months, with a 10% annual interest rate, compounded monthly [2]. - The principal amount of the convertible notes can be converted into common shares at a conversion price of $0.50 per share, subject to TSXV approval [2]. - Investors will receive warrants equal to the principal amount of convertible notes divided by the conversion price, allowing them to purchase common shares at $0.60 per share for 36 months [3]. Group 2: Automatic Conversion and Repayment - The convertible notes will automatically convert into common shares upon certain events, such as an equity financing yielding at least $25 million or a change of control transaction [4]. - In the case of a qualifying transaction, the conversion will occur at a 20% discount to the applicable price per security [4]. - The company can repay the principal and accrued interest of the convertible notes at any time without penalty [5]. Group 3: Insider Participation and Regulatory Compliance - Certain insiders of Kadestone are expected to subscribe for securities in the private placement, which will be treated as related party transactions [6]. - The company plans to rely on exemptions from formal valuation and minority shareholder approval requirements, as the insider participation will not exceed 25% of the company's market capitalization [6]. - The closing of the private placement is anticipated within 21 days of the announcement, without filing a material change report prior to closing [6]. Group 4: Securities Regulations - Securities issued in the private placement will be subject to a four-month statutory hold period in accordance with Canadian securities laws [7]. Group 5: Company Overview - Kadestone focuses on investment, acquisition, development, and management of residential and commercial income-producing properties, as well as procurement and sale of building materials in urban centers and emerging markets in Canada [8]. - The company operates five complementary business lines, aiming to become a leading vertically integrated property company [8].
Early Warning News Release Issued with Respect to the Acquisition of Securities of King Global Ventures Inc.
Thenewswire· 2026-02-18 21:55
Core Viewpoint - The news release discusses the acquisition of ownership and control over securities of King Global Ventures Inc. by Ben Hudye and TAM Revocable Trust, highlighting significant transactions and changes in share ownership [1]. Group 1: Transactions by Ben Hudye - On July 1, 2025, Ben Hudye was granted 100,000 Restricted Share Units (RSUs) at an exercise price of $0.60, expiring on July 1, 2030 [2]. - On July 1, 2025, Ben Hudye was also granted 100,000 Stock Options at an exercise price of $0.70, expiring on July 1, 2030 [3]. - On April 30, 2025, Hudye Inc. acquired 2,253,333 Units at $0.45 per Unit, each consisting of one common share and one warrant exercisable at $0.65 for two years [4]. - On February 10, 2026, Hudye Inc. and Ben Hudye acquired 1,812,499 Units at $0.60 per Unit, with warrants exercisable at $0.90 for two years [5]. Group 2: Ownership Changes - Prior to the recent acquisitions, Ben and Greg Hudye Family Trust and Ben Hudye owned 1,400,000 Common Shares and 1,400,000 warrants, representing approximately 6.63% of outstanding Common Shares on a non-diluted basis and 14.21% on a partially-diluted basis [6]. - After the acquisitions, Hudye Inc. and the Hudye Family Trust owned 5,465,832 Common Shares and 5,465,832 warrants, representing 11.30% on a non-diluted basis and 21.48% on a partially-diluted basis [7]. Group 3: Transactions by TAM Revocable Trust - On February 10, 2026, TAM acquired 572,500 Units at $0.60 per Unit, with warrants exercisable at $0.90 for two years [8]. - Prior to the acquisition, TAM owned 3,081,237 Common Shares and warrants, representing approximately 7.5% on a non-diluted basis and 11.54% on a partially-diluted basis [9][10]. - After the acquisition, TAM owned 3,653,737 Common Shares and warrants, representing approximately 7.55% on a non-diluted basis and 13.85% on a partially-diluted basis [11]. Group 4: Investment Intentions - The Common Share Units were acquired for investment purposes, with a long-term view, and there may be future acquisitions or sales depending on market conditions [12].
Spark Energy Minerals Announces Warrant Repricing and Exercise Incentive Program
TMX Newsfile· 2026-01-21 23:54
Core Viewpoint - Spark Energy Minerals has launched a warrant incentive program to encourage the exercise of up to 63,650,965 common share purchase warrants, with a reduced exercise price of $0.05 per warrant during the incentive exercise period from January 22, 2026, to February 22, 2026 [1][2]. Group 1: Incentive Program Details - The exercise price for the warrants will be amended to $0.05, down from original prices ranging from $0.06 to $0.30 [2][3]. - Each warrant holder who exercises their warrants during the incentive period will receive one additional common share purchase warrant, termed an "Incentive Warrant," which can be exercised at $0.06 for one year [2][3]. - A total of 11 different warrant issues are eligible for the program, with original exercise prices varying significantly [3]. Group 2: Participation Instructions - Warrant holders must exercise their warrants by submitting the original exercise form and payment during the incentive exercise period to qualify for the program [4]. - The aggregate exercise price must be paid in lawful Canadian currency through specified payment methods [4]. Group 3: Use of Proceeds - The company plans to use the proceeds from the exercise of warrants for general working capital and advancing exploration activities [5]. - Any shares issued from the exercise of Incentive Warrants will be subject to a statutory hold period of four months and one day [5]. Group 4: Company Overview - Spark Energy Minerals is focused on the exploration and development of critical minerals essential for the clean-energy transition, particularly in Brazil's Lithium Valley [8]. - The company's flagship Arapaima Project covers approximately 91,900 hectares and targets lithium and gallium-REE mineralization [8].
Refined Energy Corp. Announces Charity Flow-Through Private Placement
Globenewswire· 2026-01-20 23:56
Core Viewpoint - Refined Energy Corp. is initiating a non-brokered "charity flow-through" private placement to raise between $1,500,000.60 and $2,000,000.10 through the sale of units priced at $1.05 each, aimed at funding exploration activities at its Dufferin Project [1][5]. Group 1: Private Placement Details - The private placement will consist of a minimum of 1,428,572 units and a maximum of 1,904,762 units, with each unit comprising one flow-through common share and one common share purchase warrant [1][2]. - Each warrant will allow the holder to purchase one common share at a price of $1.05 for a period of 24 months, subject to a 60-day hold period post-closing [2][3]. - The anticipated closing date for the private placement is around February 13, 2026, contingent upon regulatory approvals and raising the minimum amount [4]. Group 2: Use of Proceeds - The gross proceeds from the private placement will be allocated to eligible Canadian exploration expenses, specifically for flow-through critical mineral mining expenditures at the Dufferin Project [5]. - The phase one exploration program at the Dufferin Project is expected to commence in the first quarter of 2026 [5]. Group 3: Regulatory and Compliance Information - The units will be offered to purchasers in all provinces of Canada under the listed issuer financing exemption, meaning the securities will not be subject to resale restrictions [6]. - An offering document dated January 20, 2026, provides additional details regarding the private placement and can be accessed on the company's profile and website [7]. Group 4: Company Overview - Refined Energy Corp. is a junior mining company focused on acquiring and developing mineral properties in North America, with the Dufferin Project being its flagship initiative [9]. - The company also holds an option to earn up to a 100% interest in the Basin and Milner uranium properties in Saskatchewan and is exploring other mineral property acquisition opportunities [9].
Pathfinder Ventures Announces $2 Million Non-Brokered Private Placement
Accessnewswire· 2026-01-20 22:20
Core Viewpoint - Pathfinder Ventures Inc. is conducting a non-brokered private placement of 40,000,000 common shares at a price of $0.05 per share, aiming to raise gross proceeds of $2,000,000 [1][2]. Group 1: Private Placement Details - The private placement will issue each share with one-half of a non-transferable common share purchase warrant, allowing the holder to acquire one additional common share at a price of $0.10 for 36 months [2]. - Finder's fees may be applicable in accordance with the policies of the TSX Venture Exchange [2]. Group 2: Use of Proceeds - The net proceeds from the private placement will be utilized for general working capital, supporting ongoing RV resort developments, projects, expansions, and advancing acquisition opportunities, including modular housing communities [3]. Group 3: Regulatory Approval - Completion of the private placement is subject to the approval of the TSX Venture Exchange [3].
Barksdale Announces All Existing Convertible Debentures Held by Delbrook Capital Advisors Extended to December 31, 2028
TMX Newsfile· 2026-01-08 03:12
Core Viewpoint - Barksdale Resources Corp. is seeking TSX Venture Exchange acceptance to amend the terms of its debentures and associated warrants held by Delbrook Capital Advisors Inc., which includes extending maturity dates and reducing conversion and exercise prices [1][4]. Summary by Relevant Sections Debenture Amendments - The maturity date of the secured convertible debentures totaling CDN$1,500,000 will be extended from December 31, 2027, to December 31, 2028, with a reduction in conversion price from CDN$0.12 to CDN$0.10 per share [1]. - The maturity date of the secured convertible debentures totaling CDN$3,000,000 will also be extended from December 31, 2027, to December 31, 2028 [1]. Associated Warrants - The expiry date of the 8,000,000 detachable common share purchase warrants linked to the CDN$1,500,000 Debentures will be extended to December 31, 2028, with the exercise price reduced from CDN$0.12 to CDN$0.10 per share [1]. - The expiry date of the 7,500,000 detachable common share purchase warrants linked to the CDN$3,000,000 Debentures will similarly be extended to December 31, 2028 [1]. New Warrants Issuance - In exchange for the amendments, Barksdale plans to issue 7,000,000 new detachable common share purchase warrants to Delbrook, allowing the purchase of shares at a price of CDN$0.09 per share until December 31, 2028 [4]. Interest Rates - Both the CDN$1,500,000 and CDN$3,000,000 Debentures bear an interest rate of 10% per annum and are convertible into common shares of the company [2]. Put Right Provision - The debentures include a holder put right, allowing Delbrook to require the company to repurchase all or part of the outstanding principal amount after December 31, 2027, with specific conditions regarding the acceleration of warrant expiry dates [3]. Company Overview - Barksdale Resources Corp. is a base metal exploration company focused on acquiring and advancing base metal projects in North America, including the Sunnyside and San Antonio projects in Arizona and the San Javier project in Mexico [7].