Common shares and share purchase warrants
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Lux Metals Upsizes Private Placement to $4,000,000
TMX Newsfile· 2026-01-17 00:20
Core Viewpoint - Lux Metals Corp. has increased the size of its private placement from 17,500,000 units to 20,000,000 units at a price of $0.20 per unit, aiming for total gross proceeds of up to $4,000,000 [1][2]. Group 1: Private Placement Details - Each unit will consist of one common share and one transferable share purchase warrant, with each warrant exercisable into one additional share for a period of two years at a price of $0.40 per share [2]. - The gross proceeds from the issuance of the units will be allocated for exploration costs and general working capital [2]. Group 2: Regulatory and Compliance Information - The company may pay finders' fees in cash and/or non-transferable warrants in connection with the placement, subject to TSXV policies and applicable securities laws [3]. - The company anticipates closing the placement as soon as practicable, pending necessary regulatory approvals, including TSXV approval [3]. - All securities issued under the placement will be subject to regulatory holds expiring four months and one day from the date of issue [3].
Western Star Resources Announces Non-Brokered Private Placement for Aggregate Proceeds of CAD $1,500,000 With Lead Order of $700,000
Thenewswire· 2025-10-20 12:00
Core Points - Western Star Resources Inc. plans to complete a non-brokered Private Placement of up to 7,500,000 units at a price of $0.20 per unit, aiming for gross proceeds of up to $1,500,000 [1][3] - Each unit will consist of one common share and one share purchase warrant exercisable at $0.35 for two years, with a four-month holding period for all securities issued [2][3] - The net proceeds will be used to define high-priority drill targets at the Western Star Project, facilitate the company's move into Nevada for critical metals, and for general working capital and market awareness [3] Company Information - Western Star Resources is a mineral exploration and development company focused on increasing shareholder value through cost-effective exploration practices and partnerships [5] - The company owns nine non-surveyed contiguous mineral claims totaling 2,797 hectares located in the Revelstoke mining division of British Columbia, approximately 50 kilometers southeast of Revelstoke [5]
Cartier Silver Announces Upsize of Previously Announced Brokered Private Placement to $2.0M Led by Centurion One Capital
Globenewswire· 2025-10-16 22:07
Core Viewpoint - Cartier Silver Corporation has increased its brokered private placement due to strong investor demand, aiming to raise approximately $2,000,000 by issuing up to 16,000,000 units at an issue price of $0.125 per unit [1][2]. Group 1: Offering Details - Each unit consists of one common share and one-half of a share purchase warrant, with each full warrant allowing the purchase of one share at $0.20 for 36 months from the closing date [2]. - The offering is led by Centurion One Capital Corp as the lead agent and sole bookrunner [2]. - The gross proceeds will be allocated for drilling on the Los Chorrillos Project in Bolivia and for general working capital [3]. Group 2: Regulatory and Closing Information - The offering will be conducted via private placement in Canada and other mutually agreed jurisdictions, exempt from U.S. registration requirements [4]. - The expected closing date is around October 24, 2025, subject to necessary approvals, including from the Canadian Securities Exchange [5]. - The securities issued will have a hold period of four months and one day from the closing date [5]. Group 3: Insider Participation - Certain insiders of the company and lead agent may acquire up to approximately 50% of the offering, which will be considered a related party transaction [6]. - This insider participation is expected to be exempt from formal valuation and minority shareholder approval requirements as it does not exceed 25% of the company's market capitalization [6].