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Fathom Nickel Announces the Closing of the Second and Final Tranche of Upsized C$4 Million Private Placement
TMX Newsfile· 2026-02-26 23:43
Core Viewpoint - Fathom Nickel Inc. has successfully closed the second and final tranche of its upsized non-brokered private placement, raising a total of C$3,999,999 through the issuance of various units, which will fund exploration activities at the Gochager Lake Project in Saskatchewan [1][5]. Group 1: Offering Details - The second tranche of the upsized offering involved the issuance of 24,970,947 non-flow through units (NFT Units) at a price of C$0.031, generating gross proceeds of C$774,099 [1]. - The first tranche raised C$2,500,000 through the issuance of 52,083,334 charity flow-through units (Charity FT Units) at C$0.048 and 48,387,076 NFT Units at C$0.031 [1]. - The total gross proceeds from both tranches amounted to C$3,999,999 [1]. Group 2: Unit Composition - Each NFT Unit consists of one common share and one transferable common share purchase warrant, exercisable for 36 months at an exercise price of C$0.05 [2]. - Each Charity FT Unit includes one flow-through common share and one transferable common share purchase warrant, also exercisable for 36 months at the same exercise price [3]. Group 3: Use of Proceeds - Proceeds from the Charity FT Units will be allocated to eligible Canadian exploration expenses related to the Gochager Lake Project, with a focus on flow-through critical mineral mining expenditures [5]. - The net proceeds from the NFT Units will be utilized for exploration and development of mineral projects, as well as for working capital and general corporate purposes [6]. Group 4: Institutional Investment - Approximately 52% of the gross proceeds raised in the upsized offering came from institutional investors, including follow-on investments from Crescat Capital LLC and Plethora Precious Metals Fund, along with a significant order from a new European-based institutional investor group [5]. Group 5: Company Overview - Fathom Nickel Inc. is focused on exploring magmatic nickel sulphide deposits to secure critical mineral supplies for North America and support the global green energy transition [9]. - The company has three high-quality exploration projects in Saskatchewan: Albert Lake, Gochager Lake, and Friesen Lake, with the Gochager Lake Project hosting a historic nickel-copper deposit [9][12].
TAG Oil Announces Upsize of Offering to $10 Million to Advance Unconventional Development Activities on Its Large Oil-In-Place Resource Play at BED-1 and SERQ Concessions, Egypt
TMX Newsfile· 2026-02-03 22:36
Core Viewpoint - TAG Oil Ltd. has increased its brokered offering to $10,000,000 due to strong investor demand, with units priced at $0.10 each [1] Offering Details - The offering consists of $5,640,000 under a prospectus-exempt LIFE Offering and $4,360,000 under a private placement [1] - Each unit includes one common share and one warrant, allowing the purchase of an additional common share at $0.13 for 48 months [2] - The Agents have an option to increase the private placement by up to $1,500,000 [4] Use of Proceeds - Proceeds will be used for appraisal and development activities at the Badr Oil Field and Southeast Ras Qattara concessions in Egypt, as well as for working capital [3] - Specific activities include drilling a new vertical well at BED-1 and conducting a Diagnostic Fracture Injectivity Test at SERQ [3] Regulatory and Closing Information - The closing of the offerings is expected around February 16, 2026, pending necessary regulatory approvals [8] - The LIFE Offering will be available in all Canadian provinces except Quebec and other qualifying jurisdictions, including the U.S. [5][7] Agent Compensation - Agents will receive an 8.0% cash commission on gross proceeds and broker warrants equal to 8.0% of units sold [9][10]
RJK Explorations Ltd. Announces Upsize of Private Placement
TMX Newsfile· 2026-01-29 23:14
Core Viewpoint - RJK Explorations Ltd. has increased the size of its private placement offering to raise up to $160,000, with additional units being offered at varying prices [1]. Group 1: Offering Details - The offering will consist of 5,200,000 units at $0.025 per unit and an additional 1,000,000 units at $0.03 per unit [1]. - Each unit includes one common share and one warrant, with each warrant allowing the purchase of one common share at $0.05 for five years [1]. - The company plans to allocate 80% of the proceeds for working capital and general corporate purposes, and 20% for its exploration program [1]. Group 2: Closing Conditions - The offering is subject to customary closing conditions, including approval from the TSX Venture Exchange [2]. - The closing may occur in multiple tranches and is not contingent on a minimum amount of gross proceeds [2]. - Securities issued will have a hold period of four months and one day as per Canadian securities laws [2]. Group 3: Regulatory Information - The securities offered are not registered under the U.S. Securities Act of 1933 and cannot be sold in the U.S. without registration or an exemption [3]. - The TSX Venture Exchange and its Regulation Services Provider do not accept responsibility for the accuracy of the release [4].
Sage Potash Closes Second and Final Tranche of Unit Offering
TMX Newsfile· 2026-01-28 22:00
Core Viewpoint - Sage Potash Corp. has successfully closed a second tranche of its private placement financing, raising a total of $13,006,200 through the issuance of 65,031,000 units, which will be utilized for key project developments and working capital [1][2][3]. Financing Details - The second tranche involved the issuance of 7,595,000 units at a price of $0.20 per unit, generating gross proceeds of $1,519,000 [1]. - Each unit consists of one common share and one warrant, with each warrant allowing the purchase of one common share at $0.30 for three years [2]. Use of Proceeds - Proceeds from the offering will primarily fund the implementation of recommendations from RESPEC LLC's Preliminary Economic Assessment, including drilling and engineering reviews [3]. - Additional funds will be allocated for working capital and general administrative expenses [3]. Finder's Fees and Related Party Transactions - The company paid a total of $733,704 in cash fees, issued 90,000 common shares, and 3,749,520 finder's warrants as part of the offering [4]. - Certain insiders acquired a total of 6,025,000 units, which is classified as a related party transaction but is exempt from formal valuation and minority shareholder approval requirements [6]. Regulatory Approval - The TSX Venture Exchange has conditionally approved the offering, pending customary final filings [7]. Company Overview - Sage Potash Corp. is focused on developing its flagship Sage Plain Potash Project in the Paradox Basin, Utah, aiming to establish a sustainable domestic potash production platform [9].
Altura Energy Announces Second Upsize of Non-Brokered Private Placement to Approximately $2.925 Million
TMX Newsfile· 2026-01-26 12:30
Core Viewpoint - Altura Energy Corp. has decided to increase the size of its non-brokered private placement due to strong market demand, now issuing approximately 29,250,000 units at a price of $0.10 per unit, resulting in gross proceeds of approximately $2,925,000 [1][4]. Group 1: Offering Details - Each unit will consist of one common share and one warrant, with the warrant allowing the purchase of one common share at an exercise price of $0.25 for up to sixty months after the closing date [2]. - The offering will be conducted as a private placement under applicable exemptions from prospectus requirements in Canada and other jurisdictions, including the United States [3]. - The net proceeds from the offering will be used for site maintenance, additional well recompletions, working capital, and general corporate purposes [4]. Group 2: Conditions and Approvals - The offering is expected to close on or around January 30, 2026, subject to necessary approvals, including from the TSX Venture Exchange [6]. - The securities issued will have a hold period of four months and one day from the closing date in accordance with applicable securities laws [6]. Group 3: Insider Participation - The company anticipates that insiders will subscribe for units, which is considered a related party transaction under Multilateral Instrument 61-101 [7]. - The company intends to rely on exemptions from formal valuation and minority shareholder approval requirements as the transaction is not expected to exceed 25% of the company's market capitalization [7]. Group 4: Company Overview - Altura Energy Corp. is an exploration and production company with interests in the Holbrook basin of Arizona [9].
Altura Energy Announces Non-Brokered Private Placement a Minimum of $1.0 Million
TMX Newsfile· 2026-01-20 12:30
Core Viewpoint - Altura Energy Corp. is initiating a non-brokered private placement offering of a minimum of 10,000,000 units at a price of $0.10 per unit, aiming for gross proceeds of at least $1,000,000 [1][4]. Group 1: Offering Details - Each unit will consist of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at an exercise price of $0.25 for up to sixty months [2]. - If the closing price of the common shares reaches or exceeds $0.75 for twenty consecutive trading days, the company may accelerate the expiry date of the warrants to 30 days after a news release [2]. - The offering will be conducted through private placement under applicable exemptions from prospectus requirements in Canada and other jurisdictions, including the United States [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for site maintenance, additional well recompletions, working capital, and general corporate purposes [4]. Group 3: Closing and Regulatory Aspects - The offering is expected to close around January 30, 2026, subject to necessary approvals, including from the TSX Venture Exchange [6]. - The securities issued will have a hold period of four months and one day from the closing date in accordance with applicable securities laws [6]. Group 4: Insider Participation - The company anticipates that insiders will subscribe for units, which is considered a related party transaction under Multilateral Instrument 61-101 [7]. - The company intends to rely on exemptions from formal valuation and minority shareholder approval requirements as the transaction is not expected to exceed 25% of the company's market capitalization [7]. Group 5: Company Overview - Altura Energy Corp. is an exploration and production company with interests in the Holbrook basin of Arizona [9].
Green Bridge Announces Non-Brokered Private Placement for Gross Proceeds of up to C$4 Million
Accessnewswire· 2026-01-15 01:00
Core Viewpoint - Green Bridge Metals Corporation is planning a non-brokered private placement to raise gross proceeds of up to C$4,000,000 through the issuance of units priced at C$0.12 each [1] Group 1 - The Offering will consist of up to 33,333,333 units, with each unit comprising one common share and one common share purchase warrant [1]
Alaska Energy Metals Announces up to $3 Million Life Offering of Units and Updates At-The-Market Program Update
Accessnewswire· 2026-01-07 02:00
Core Viewpoint - Alaska Energy Metals Corporation is initiating a non-brokered private placement to raise funds through the issuance of units priced at C$0.11 each, aiming for gross proceeds between approximately C$2,500,000 and C$3,000,000 [1] Group 1 - The private placement will consist of a minimum of 22,727,272 units and a maximum of 27,272,727 units [1] - Each unit will include one common share and one common share purchase warrant [1]
News Release for Early Warning Report Regarding Galantas Gold Corporation
Globenewswire· 2026-01-06 23:03
Core Viewpoint - Ocean Partners Holdings Limited has acquired a significant stake in Galantas Gold Corporation, increasing its ownership to 10.7% of the total issued and outstanding Common Shares following the acquisition [1][3]. Group 1: Acquisition Details - Ocean Partners acquired 35,937,500 Units of Galantas at a price of $0.08 per Unit, which includes one Common Share and one Warrant per Unit, and an additional 7,812,500 Common Shares at the same price through a non-brokered private placement [1]. - Each Warrant allows the holder to purchase one Common Share at $0.12 for 36 months after closing [1]. Group 2: Ownership Structure - Prior to the acquisition, Ocean Partners held 5,269,447 Common Shares, representing 4.0% of the total shares on a non-diluted basis, and 1,422,222 Pre-Existing Warrants [2]. - After the acquisition, Ocean Partners now controls 49,019,447 Common Shares, equating to 10.7% of the total shares on a non-diluted basis, and could control 86,379,169 shares (17.7%) if all Warrants and Pre-Existing Warrants are exercised [3]. Group 3: Future Intentions - The acquisition was made for investment purposes, and Ocean Partners may acquire additional securities of Galantas in the future depending on market conditions and other relevant factors [4].
Record Resources Closes $1.9 Million Offering to Advance Strategic Growth Initiatives in Gabon, Africa
TMX Newsfile· 2025-12-23 20:10
Core Viewpoint - Record Resources Inc. has successfully completed a brokered private placement offering, raising approximately $1,900,000 through the issuance of units priced at $0.06 each [1]. Group 1: Offering Details - The offering consisted of 31,666,664 units, with each unit comprising one common share and one-half of a common share purchase warrant, exercisable at $0.09 per share until June 23, 2028 [2][4]. - The offering was led by Research Capital Corporation as the sole agent and bookrunner [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated towards advancing strategic growth plans in Gabon, Africa, as well as for working capital and general corporate purposes related to the company's existing oil development and exploration assets [3]. Group 3: Participation and Fees - Certain directors and officers of the company participated in the offering, purchasing a total of 683,332 units for gross proceeds of $41,000, which are subject to a hold period expiring on April 22, 2026 [7]. - The company paid a cash commission of $133,527.99 to the agent and issued 2,225,467 non-transferable broker warrants, each entitling the holder to purchase one unit at the offering price until June 23, 2028 [6].