Workflow
Common Share Units
icon
Search documents
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].
Copper Road Announces Upsized Financing
Globenewswire· 2025-12-29 23:09
Core Viewpoint - Copper Road Resources Inc. is increasing the size of its non-brokered private placement offering due to additional investor demand, aiming to raise a total of up to $1,084,900 through the sale of common share units and flow-through units [1][3]. Group 1: Offering Details - The upsized offering will consist of: - Up to 8,747,500 common share units at $0.035 per unit for gross proceeds of up to $349,900 - 13,333,333 flow-through units at $0.045 per unit for gross proceeds of up to $600,000 - 2,700,000 flow-through units at $0.05 per unit for gross proceeds of up to $135,000 [1] - Each common share unit consists of one common share and one common share purchase warrant, while each flow-through unit consists of one common share and one warrant, with the warrant allowing purchase of one common share at $0.05 within 18 months of issuance [2]. Group 2: Use of Proceeds - Proceeds from the sale of flow-through units will be allocated to eligible Canadian exploration expenses, specifically for the exploration of the Ben Nevis Project and other Ontario properties [3]. - Proceeds from the sale of common share units will be used for property payments on the Ben Nevis Project and for general working capital [4]. Group 3: Regulatory and Transaction Details - The offering is subject to regulatory approvals, including from the TSX Venture Exchange, and all securities issued will be subject to a hold period of four months and one day post-issuance [6]. - The first tranche of the offering closed on December 24, 2025, raising aggregate gross proceeds of $545,260, with the final tranche expected to close by December 31, 2025 [8].
Copper Road Announces Upsized Financing
Globenewswire· 2025-12-29 23:09
Core Viewpoint - Copper Road Resources Inc. is increasing the size of its non-brokered private placement offering due to additional investor demand, with a total offering size of up to $1,084,900 [1] Group 1: Offering Details - The upsized offering will consist of the sale of up to 8,747,500 common share units at $0.035 per Unit for gross proceeds of up to $349,900, 13,333,333 flow-through units at $0.045 per FT Unit for gross proceeds of up to $600,000, and 2,700,000 FT Units at $0.05 per FT Unit for gross proceeds of up to $135,000 [1] - Each Unit consists of one common share and one common share purchase warrant, while each FT Unit consists of one common share and one Warrant, issued as a "flow-through share" [2] Group 2: Use of Proceeds - Gross proceeds from the sale of FT Units will be used for eligible "Canadian exploration expenses" related to "flow-through critical mineral mining expenditures," specifically for the exploration of the Ben Nevis Project or other Ontario properties [3] - Proceeds from the sale of Units will be allocated for property payments on the Ben Nevis Project and general working capital [4] Group 3: Regulatory and Transaction Details - The Company may pay finder's fees to eligible finders in connection with the Offering, and certain insiders may participate, which will be considered a "related party transaction" [5] - All securities issued will be subject to a hold period expiring four months and one day after issuance, and the completion of the Offering is subject to regulatory approvals, including from the TSX Venture Exchange [6][8] - The first tranche of the Offering closed on December 24, 2025, with 2,435,000 Units and 9,952,447 FT Units for aggregate gross proceeds of $545,260, and the final tranche is anticipated to close by December 31, 2025 [8]
Copper Road Announces Amendments to Financing
Globenewswire· 2025-12-19 18:44
Core Viewpoint - Copper Road Resources Inc. is amending its non-brokered private placement offering to raise funds through the sale of common share units and flow-through units, with specific allocations for exploration and property payments [1][3][4] Group 1: Offering Details - The amended offering will consist of up to 8,747,500 common share units at a price of $0.04 per unit, aiming for gross proceeds of up to $349,900 [1] - Additionally, the offering includes 13,333,333 flow-through units at a price of $0.045 per unit, targeting gross proceeds of up to $600,000 [1] - Each common share unit will include one common share and one common share purchase warrant, while each flow-through unit will consist of one flow-through share and one warrant [2] Group 2: Use of Proceeds - Proceeds from the sale of flow-through shares will be allocated to eligible Canadian exploration expenses, specifically for the exploration of the Ben Nevis Project and other Ontario properties [3] - Funds from the sale of common share units will be used for property payments related to the Ben Nevis Project and for general working capital [4] Group 3: Regulatory and Transaction Details - The offering may involve finder's fees and participation from certain insiders, which will be treated as a related party transaction under Multilateral Instrument 61-101 [5] - All securities issued will be subject to a hold period of four months and one day post-issuance, and the offering is contingent upon receiving necessary regulatory approvals [6][8] - The offering may close in multiple tranches, with the first anticipated closing around December 22, 2025 [8]
Copper Road Announces Second Upsize to Financing
Globenewswire· 2025-12-17 20:30
Core Viewpoint - Copper Road Resources Inc. is increasing the size of its non-brokered private placement offering due to investor demand, aiming to raise up to $949,900 through the sale of common share units and flow-through units [1][3]. Offering Details - The upsized offering will consist of up to 9,997,143 common share units priced at $0.035 each, generating gross proceeds of up to $349,900 [1]. - Additionally, the offering includes 13,333,333 flow-through units priced at $0.045 each, expected to raise up to $600,000 [1]. - Each common share unit includes one common share and one common share purchase warrant, while each flow-through unit includes one flow-through share and one warrant [2]. Use of Proceeds - Proceeds from the sale of flow-through shares will be allocated to eligible Canadian exploration expenses, specifically for the exploration of the Ben Nevis Project and other Ontario properties [3]. - Funds from the sale of common share units will be used for property payments on the Ben Nevis Project and general working capital [4]. Regulatory and Compliance Information - The offering is subject to regulatory approvals, including those from the TSX Venture Exchange, and all securities issued will be subject to a hold period of four months and one day post-issuance [4][6]. - Certain insiders may participate in the offering, which will be treated as a related party transaction, relying on exemptions from valuation and minority shareholder approval requirements [4]. Closing Timeline - The offering may close in multiple tranches, with the first closing anticipated around December 22, 2025 [6].
Copper Road Announces Upsize to Financing
Globenewswire· 2025-12-17 12:00
Core Viewpoint - Copper Road Resources Inc. is amending its non-brokered private placement, aiming to raise gross proceeds of up to $897,500 through the sale of common share units and flow-through units [1][3]. Group 1: Offering Details - The amended Offering will consist of up to 8,500,000 common share units priced at $0.035 per Unit, generating gross proceeds of up to $297,500 [1]. - Additionally, the Offering includes 13,333,333 flow-through units priced at $0.045 per FT Unit, expected to raise up to $600,000 [1]. - Each Unit comprises one common share and one common share purchase warrant, while each FT Unit includes one flow-through share and one warrant [2]. Group 2: Use of Proceeds - Proceeds from the sale of FT Shares will be allocated to eligible Canadian exploration expenses, specifically for the exploration of the Ben Nevis Project and other Ontario properties [3]. - Funds from the sale of common share units will be used for property payments on the Ben Nevis Project and for general working capital [4]. Group 3: Regulatory and Transactional Aspects - The Offering may involve finder's fees and participation from certain insiders, which will be treated as a related party transaction [5]. - All securities issued will be subject to a hold period of four months and one day post-issuance, and the Offering is contingent upon receiving necessary regulatory approvals [6][8].
Copper Road Announces $750,000 Financing
Globenewswire· 2025-12-12 22:00
Core Viewpoint - Copper Road Resources Inc. is conducting a non-brokered private placement to raise gross proceeds of up to $750,000 through the sale of common share units and flow-through common share units [1] Group 1: Offering Details - The Offering includes the sale of up to 3,333,333 common share units at a price of $0.045 per Unit for gross proceeds of up to $150,000 and 13,333,333 flow-through units at the same price for gross proceeds of up to $600,000 [1] - Each Unit consists of one common share and one common share purchase warrant, while each FT Unit consists of one flow-through share and one warrant [2] Group 2: Use of Proceeds - Proceeds from the sale of FT Shares will be used for eligible Canadian exploration expenses, specifically for the exploration of the Ben Nevis Project [3] - Proceeds from the sale of common share units will be allocated for property payments on the Ben Nevis Project and general working capital [4] Group 3: Regulatory and Compliance Information - The Offering is subject to regulatory approvals, including the approval of the TSX Venture Exchange, and all securities issued will be subject to a hold period of four months and one day post-issuance [6][8] - The Company may pay finder's fees to eligible finders, and certain insiders may participate in the Offering, which will be treated as a related party transaction [5]