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Cannabix Technologies Closes Non-Brokered Private Placement
Globenewswire· 2026-02-24 22:45
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES ORFOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Cannabix Technologies Inc. (CSE: BLO) (the “Company” or “Cannabix”) announces it has closed its previously announced non-brokered private placement financing (the "Offering") with the issuance of 1,400,000 units of the Company (the “Units”) at an issue price of CDN$0.50 per Unit for aggregate gross proceeds of CDN$700,000. Each Unit consists of one ...
Highway 50 Gold Upsizes Non-Brokered Private Placement of Units
TMX Newsfile· 2026-02-23 20:17
Vancouver, British Columbia--(Newsfile Corp. - February 23, 2026) - Highway 50 Gold Corp. (TSXV: HWY) (the "Company") is pleased to announce that it has increased the size of its non-brokered private placement previously announced on February 18, 2026 (the "Offering"). The Company will now raise gross proceeds of up to $2,100,000 in the Offering via the issuance of up to 5,250,000 units (each, a "Unit") of the Company at a purchase price of $0.40 per Unit. Each Unit will consist of one common share of the ...
Maple Gold Announces Closing of Oversubscribed Concurrent Offerings for Gross Proceeds of $16 Million
TMX Newsfile· 2026-02-17 21:30
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVancouver, British Columbia--(Newsfile Corp. - February 17, 2026) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQX: MGMLF) (FSE: M3G0) ("Maple Gold" or the "Company") is pleased to announce the closing of its previously announced and oversubscribed "best efforts" brokered private placement offering (the "LIFE Offering") for gross proceeds of $11,985,000, pursuant to which the Company has issued 3,525,000 flow-throug ...
Silver Sands Closes Private Placement and Debt Settlement
TMX Newsfile· 2026-02-13 22:59
Core Viewpoint - Silver Sands Resources Corp. has successfully closed a private placement financing and entered into debt settlement agreements to strengthen its financial position and support operational activities [1][3][4]. Financing Details - The company issued 6,499,333 Units at a price of $0.075 per Unit, resulting in gross proceeds of approximately CAD 487,449.98 [1]. - Each Unit consists of one common share and one-half of a transferable share purchase warrant, with each whole warrant exercisable at $0.15 per common share for 24 months [1]. - A finders fee of 7% was paid, totaling CAD 20,571.25 in cash, along with the issuance of 274,283 non-transferable finders warrants [2]. Debt Settlement - The company settled debts with three directors and the corporate secretary by issuing 2,365,000 Units at a deemed price of $0.075 per Unit, addressing a total indebtedness of CAD 177,375.00 [3]. - Similar to the private placement, each Unit in the debt settlement consists of one common share and one-half of a transferable share purchase warrant [3]. Use of Proceeds - The proceeds from both the private placement and debt settlement will be utilized for general working capital and property investigation [4]. - A total of 8,864,333 common shares and 4,432,166 Warrants will be subject to a hold period until June 14, 2026 [4]. Company Overview - Silver Sands Resources Corp. is engaged in mineral exploration and acquisition of mineral property assets in mining-friendly jurisdictions, focusing on developing economic precious and base metal properties [5].
Southern Energy Corp. Completes US$23.5 Million Financings and Royalty Sale
Accessnewswire· 2026-02-12 23:20
Group 1 - Southern Energy Corp. has completed a non-brokered private placement offering of senior secured convertible debentures and new common shares, raising aggregate net proceeds of US$22.0 million after an 8.8235% original issue discount [1] - The offering involved three private investors: Treelawn Group Inc., TCC 1 Corp., and TCC Royalty Corp., who participated in the transaction [1] - The transaction also includes the sale of a newly-created gross overriding royalty (GORR) alongside the offering of debentures and shares [1]
Trinity One Metals Announces Non-Brokered LIFE Private Placement of up to C$3.3 Million
TMX Newsfile· 2026-02-12 20:30
Core Viewpoint - Trinity One Metals Ltd. is initiating a non-brokered private placement to raise up to C$3,300,000 by selling 16,500,000 units at C$0.20 each, aimed at advancing exploration and project activities across its mineral asset portfolio [1][3]. Offering Details - Each unit consists of one common share and one warrant, with the warrant allowing the purchase of an additional common share at C$0.30 for 36 months post-closing, with a 60-day exercise restriction [2]. - The offering is expected to close around February 27, 2026, subject to regulatory approvals, and may be completed in multiple tranches [6]. Use of Proceeds - The net proceeds will be allocated to exploration, technical evaluation, project advancement, verification of recently acquired properties, historical data verification, target generation, early-stage field programs, and general working capital [3]. Regulatory Compliance - The offering will comply with National Instrument 45-106 and will be available to purchasers in all Canadian provinces and territories, excluding Québec, under the Listed Issuer Financing Exemption [4]. Finder's Fees - Finder's fees may be paid up to 6.0% of the gross proceeds, and non-transferable warrants may be issued to finders equal to 6.0% of the units sold [6].
Bank Of America Preferreds Offer Interest Rate Protection
Seeking Alpha· 2026-02-10 18:17
Group 1 - Bank of America (BAC) is classified as one of the "too big to fail" banks, indicating its significant role in the financial system [1] - The bank offers a variety of investment options for fixed-income investors, including common shares, preferred shares, and bonds [1] - The focus of the analysis is on income investing strategies, with an emphasis on the performance of Bank of America and its financial instruments [1] Group 2 - The author has a background in history, political science, and an MBA with a specialization in Finance and Economics, indicating a strong analytical foundation [1] - The author has been investing since 2000 and currently serves as the CEO of an independent living retirement community in Illinois, showcasing a blend of investment and management experience [1]
Vault Strategic Mining Corp Announces Non-Brokered Private Placement
Thenewswire· 2026-02-06 12:00
Core Viewpoint - Vault Strategic Mining Corp. has announced a non-brokered private placement of up to 2,000,000 units at a price of $0.25 per unit, aiming for gross proceeds of up to $500,000 [1][2]. Group 1: Private Placement Details - Each unit consists of one common share and one-half of a transferable common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at an exercise price of $0.35 for twelve months [2]. - The net proceeds from the private placement will be used for exploration activities and general corporate purposes, with potential finders' fees applicable [3]. - All securities issued will be subject to a hold period of four months and one day as per applicable securities legislation [3]. Group 2: Warrant Provisions - The warrants include an acceleration provision, allowing the company to notify warrant holders to exercise their warrants if the weighted average daily trading price exceeds $0.60 for five consecutive trading days [4]. - If the acceleration notice is issued, warrants not exercised within 30 days will expire [4]. Group 3: Insider Participation - Any insider participation in the private placement will be considered a related party transaction, and the company will rely on exemptions from formal valuation and minority approval requirements [5].
Sorrento Resources Announces Listed Issuer Financing Exemption (LIFE) Non-Brokered Private Placement
TMX Newsfile· 2026-02-04 10:30
Core Viewpoint - Sorrento Resources Ltd. is conducting a non-brokered private placement to raise up to CDN$2,000,000 through the issuance of 8,000,000 units at CDN$0.25 per unit [1]. Group 1: Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant exercisable at $0.35 per share for 24 months from closing [2]. - The offering is being conducted under the LIFE Exemption, allowing it to be offered to purchasers in all Canadian provinces except Quebec, with no hold period for the issued units [3]. - The company may pay a finder's fee of up to 6% of the gross proceeds and issue non-transferable warrants equal to 6% of the units sold, also exercisable at $0.35 [4]. Group 2: Use of Proceeds and Closing - The net proceeds from the offering will be allocated for exploration expenditures, marketing, promotion, and general working capital [5]. - The offering is expected to close on or about February 27, 2026, subject to necessary approvals, including from the Canadian Securities Exchange [5]. Group 3: Company Overview - Sorrento Resources Ltd. focuses on the acquisition, exploration, and development of mineral properties in Canada, including projects like Bottom Brook, Rodgers Cove Gold, and Harmsworth [7].
Nations Royalty Announces Closing of Bought Deal LIFE Private Placement for Gross Proceeds of C$15 Million
TMX Newsfile· 2026-01-30 15:29
Core Viewpoint - Nations Royalty Corp. has successfully closed a private placement offering, raising gross proceeds of C$15,000,000 through the sale of 9,375,000 units at a price of C$1.60 per unit, including the full exercise of the over-allotment option [1] Group 1: Offering Details - The offering consisted of units, each comprising one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at C$2.25 until January 30, 2029 [1] - Red Cloud Securities Inc. and Canaccord Genuity Corp. acted as underwriters, receiving cash fees of C$873,600 and 546,000 non-transferable common share purchase warrants as compensation [2] Group 2: Regulatory Compliance - The units were issued to Canadian purchasers under the listed issuer financing exemption, making them immediately freely tradeable in accordance with Canadian securities legislation [3] - The closing of the offering is subject to final approval from the TSX Venture Exchange [4] Group 3: Company Vision and Mission - Nations Royalty aims to unite First Nations and Indigenous groups across Canada, inviting external investors to participate as shareholders, thereby combining royalties and income from resource projects [6] - The company focuses on economic reconciliation and capacity building for Indigenous Peoples in public companies and capital markets [6] Group 4: Properties and Benefits - Nations Royalty has established five annual benefit payment entitlements related to various properties in Canada, including the Brucejack gold mine and the KSM Copper-Gold-Silver-Molybdenum deposit [7]