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Mustang Announces Closing of First Tranche of Non-Brokered Private Placement
Globenewswire· 2025-07-09 22:31
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, July 09, 2025 (GLOBE NEWSWIRE) -- Mustang Energy Corp. (CSE: MEC, OTC: MECPF, FRA: 92T) (“Mustang” or the “Company”) is pleased to announce that, further to its news release dated June 24, 2025, it has closed an initial tranche (the “Initial Tranche”) of its previously announced $3,000,000 non-brokered private placement (the “Offering”), which Initial Tranche consisted of aggregat ...
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 ...
Tudor Gold Announces Closing of $14.95 Million Financing, with Participation by Eric Sprott
Newsfile· 2025-05-29 17:34
Core Viewpoint - Tudor Gold Corp. has successfully closed a financing round, raising approximately $14.95 million through a brokered offering and private placement, with participation from notable investor Eric Sprott [1][2]. Financing Details - The financing included the issuance of 10,158,045 non-flow-through units at a price of $0.50 per unit, 8,333,500 flow-through units for charitable purchasers at $0.75 per unit, and 6,034,752 flow-through units at $0.60 per unit [6]. - The net proceeds from the sale of NFT Units will be allocated for working capital and general corporate purposes, while the gross proceeds from FT Units and Charity FT Units will be directed towards exploration expenses on the Treaty Creek property [3][4]. Investor Participation - Eric Sprott, through his corporation, acquired 2,000,000 Common Shares and 1,000,000 Warrants as part of the financing [2]. - Related parties purchased a total of 2,227,000 Common Shares and 1,113,500 Warrants, which are classified as related party transactions [10]. Use of Proceeds - The funds raised will be utilized for exploration activities on the Treaty Creek project, which is located in British Columbia's Golden Triangle [4][11]. - The Company has committed to indemnifying subscribers for any additional taxes resulting from the Canada Revenue Agency's potential reduction of Qualifying Expenditures [4]. Regulatory Compliance - The Offerings are subject to final approval from the TSX Venture Exchange and adhere to Canadian securities laws, including a four-month hold period for the FT Units and underlying securities [8].