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Bonterra Announces Upsize of Brokered Private Placement to $10.5 million
Globenewswire· 2025-06-13 21:11
Core Points - Bonterra Resources Inc. has increased the size of its brokered private placement due to strong market demand, now targeting gross proceeds of up to approximately $10,500,000 [1][4] - The offering includes three types of units: up to 22,727,272 "hard-dollar" units at $0.22 each, up to 14,583,333 "flow-through" units at C$0.24 each, and up to 6,557,377 "Premium flow-through" units at C$0.305 each [1][3] - The completion of the offering is expected on June 30, 2025, subject to customary conditions and necessary approvals [4] Use of Proceeds - The net proceeds from the offering will be used to fund ongoing operations for the next twelve months [5] - Proceeds from the sale of HD Units will be allocated for general corporate and administrative matters [6] - Gross proceeds from FT Units and Premium FT Units will be used to incur eligible "Canadian exploration expenses" as defined in the Income Tax Act (Canada) [6]
Goldstorm Metals Announces Upsizing of Previously Announced Private Placement Financing to $1.8 Million, with Participation by Eric Sprott
Newsfile· 2025-06-09 12:53
Goldstorm Metals Announces Upsizing of Previously Announced Private Placement Financing to $1.8 Million, with Participation by Eric SprottJune 09, 2025 8:53 AM EDT | Source: Goldstorm Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - June 9, 2025) - Goldstorm Metals Corp. (TSXV: GSTM) (FSE: B2U) ("Goldstorm" or the "Company") is pleased to announce that, due to strong investor demand, it intends to increase the size of the Company's previously announced non-brokered private placement ...