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Nobel Announces Upsizing of Non-Brokered Private Placement Offering
Globenewswire· 2026-01-07 20:31
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, Jan. 07, 2026 (GLOBE NEWSWIRE) -- Nobel Resources Corp. (TSX–V: NBLC; OTCQB: NBTRF) (the “Company” or “Nobel”) announces that as a result of strong investor demand, the Company has increased the size of its previously announced non-brokered private placement offering from gross proceeds of up to $1,000,000 to gross proceed ...
S2 Announces Proposed Name Change and Amendments to Share Structure
Newsfile· 2025-11-27 21:05
Core Points - S2 Minerals Inc. has announced a proposed name change to "FNX Inc." and amendments to its share structure, which were overwhelmingly approved by shareholders [1][2] - The amendments include re-designating existing common shares as "subordinate voting shares" and creating a new class of "multiple voting shares" [1] - The effective date for the name change and amendments is set for December 5, 2025, with trading under the new symbol "FNX" commencing on the same day [2] Company Overview - S2 Minerals Inc. is a Canadian mineral exploration company focused on mineral properties in Northwest Ontario, particularly the Sandy Lake project [3] - The Sandy Lake project encompasses approximately 167,000 acres of mineral claims, with S2 holding a 100% interest in about 137,000 acres and joint venture interests in additional claims [4] - The project is located within the traditional territories of Sandy Lake First Nation and Keewaywin First Nation, with potential for future Canadian-focused exploration projects [5]
IDEX Metals Announces Upsize of Non-Brokered Private Placement of Units
Thenewswire· 2025-10-23 00:15
Core Points - IDEX Metals Corp. has increased its non-brokered private placement from $2,000,000 to $5,320,500 due to significant market demand [1] - The offering will consist of up to 8,867,500 units priced at $0.60 per unit, aiming for aggregate gross proceeds of up to $5,320,500 [1][2] - Each unit includes one common share and one-half of a share purchase warrant, with each whole warrant exercisable at $0.90 per share for 24 months [2] - The proceeds will be used for exploration of mineral properties in Idaho and for general working capital [5] - The offering is subject to customary conditions, including TSX Venture Exchange approval [4] Company Overview - IDEX Metals Corp. is focused on mineral exploration, particularly in base and precious metal projects in Idaho, USA [8] - The company is advancing the Freeze Copper-Gold porphyry prospect in the Idaho Copper District, surrounded by major industry players [8]
Muzhu Completes Private Placement
Thenewswire· 2025-09-04 17:25
Core Points - Muzhu Mining Ltd. has completed a private placement raising gross proceeds of $154,239 from the sale of 1,542,390 units at a price of $0.10 per unit, increasing from the initially planned 1,259,000 units due to additional subscriptions [1] - Each unit consists of one common share and one non-transferable share purchase warrant, with warrants allowing the purchase of shares at $0.14 for the first year and $0.20 for the second year, subject to an acceleration provision [1] - The company plans to use the proceeds for working capital and mineral exploration projects in Canada and China [3] Related Party Transaction - An insider of the company participated in the offering, which is classified as a "related party transaction" but is exempt from formal valuation and minority shareholder approval requirements as the value does not exceed 25% of the company's market capitalization [2] Financial Details - The company paid $2,400 in cash and granted 24,000 share purchase warrants to a finder related to the private placement [3] - All securities distributed under the private placement are subject to a four-month hold period, expiring on December 26, 2025 [3] Company Overview - Muzhu Mining Ltd. is a Canadian publicly traded exploration company with a portfolio of projects at various stages of development, including a 100% interest in the Sleeping Giant South Project in Quebec and option agreements for properties in China [4]
Eastfield Resources Announces Private Placement
Thenewswire· 2025-08-25 13:00
Core Viewpoint - Eastfield Resources Ltd. plans to raise up to $1,000,000 through a non-brokered private placement of up to 50 million units priced at $0.02 per unit, with each unit consisting of one common share and one share purchase warrant [1][2] Group 1 - The placement will be non-brokered, but the company may pay finder's fees in accordance with TSX Venture Exchange rules [2] - The proceeds from the placement will be used for an exploration program at mineral projects in British Columbia and for general working capital, including payments to non-arm's length parties for administrative services and investor relations activities, not exceeding 10% of the proceeds [3] - The securities issued will be subject to a hold period of four months and one day from the date of issuance as per Canadian securities laws [4] Group 2 - Certain insiders of the company may participate in the placement, with details to be included in a future news release [3] - The securities will not be registered under the U.S. Securities Act and cannot be offered or sold in the United States without proper registration or exemption [5]