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Quimbaya Gold Closes C$14.4 Million Bought Deal Financing
Newsfile· 2025-11-04 14:34
Core Points - Quimbaya Gold Inc. has successfully closed a bought deal private placement, raising gross proceeds of C$14,409,500 by selling 20,585,000 units at C$0.70 each [1][4] - Each unit consists of one common share and one-half of a common share purchase warrant, with warrants exercisable at C$1.00 for 36 months [2] - The net proceeds will be utilized for exploration programs, including drilling at the Tahami South project and other regional targets, as well as for general working capital [3] Offering Details - The offering was conducted under the LIFE Exemption, allowing for sales in various Canadian provinces and certain offshore jurisdictions [4] - The underwriter received a cash commission of C$722,769.60 and was issued 1,118,208 broker warrants, each exercisable at C$0.70 for 36 months [5] Company Overview - Quimbaya Gold Inc. focuses on discovering gold resources through exploration and acquisition in Colombia's gold mining districts, with projects in Segovia, Puerto Berrio, and Abejorral [7]
Gold'n Futures Announces Upcoming Annual General and Special Meeting
Thenewswire· 2025-10-21 20:30
Core Points - Gold'n Futures Mineral Corp. will hold its annual general and special meeting of shareholders on November 18, 2025, at 11:00 a.m. PST in Vancouver, British Columbia [1] - The company seeks shareholder approval for a proposed share consolidation at a ratio of 100 pre-consolidation common shares for 1 post-consolidation common share [2] - Shareholders of record on September 19, 2025, will be entitled to vote at the AGSM [6] Share Consolidation Details - No fractional shares will be issued; any resulting fraction will be rounded to the nearest whole number [2] - The effective date of the consolidation will be announced if the board considers it in the best interests of the company [4] - The consolidation is subject to acceptance by the Canadian Securities Exchange, and the Board reserves the right to revoke the resolutions prior to implementation [5] Company Overview - Gold'n Futures Mineral Corp. is a mineral exploration company focused on expanding gold resources and developing viable gold mining operations using advanced technologies and geological expertise [7]