Share Purchase Warrants
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Badlands Provides Update Respecting Private Placement
Newsfile· 2025-12-08 12:20
Core Points - Badlands Resources Inc. is pursuing a non-brokered private placement of up to 14,666,667 units at an issue price of $0.15 per unit, aiming for total gross proceeds of up to $2,200,000 [1][2] - Each unit consists of one common share and one transferable share purchase warrant, with each warrant exercisable at $0.25 for two years [1] - The company plans to complete the placement by January 7, 2026, subject to TSX Venture Exchange approval [1][3] Financial Details - The net proceeds from the placement will be used to extinguish debt, fund exploration work, acquire new properties, and for general working capital [2] - All securities issued will be subject to a hold period of four months and one day from the date of issue [2] Regulatory Aspects - Completion of the placement is contingent upon receiving all necessary regulatory approvals [3] - Finders' fees may be applicable in accordance with TSXV policies [2]
Margaret Lake Announces Warrant Repricing
Thenewswire· 2025-10-01 20:00
Core Points - The company intends to reprice 1,665,000 of its outstanding share purchase warrants issued during a non-brokered private placement that closed on February 14, 2023 [1] - The original issuance included a total of 20,000,000 warrants with an exercise price of $0.05, expiring on February 14, 2026, which were later consolidated to 2,000,000 warrants at an exercise price of $0.50 [2] - The repricing will adjust the exercise price of the 1,665,000 warrants to $0.20, with an acceleration clause if the market price reaches $0.25 for ten consecutive trading days [3] Summary by Sections Repricing of Warrants - The company plans to reprice a total of 1,665,000 warrants, with 200,000 of these held by directors and officers being repriced on a pro rata basis [3] - The new exercise price will be set at $0.20 per warrant, with the same expiration date of February 14, 2026 [3] Approval and Governance - The proposed amendments to the warrants are subject to approval by the TSX Venture Exchange [4] - The changes have been authorized and approved by the Board of Directors [4]
Nexera Announces Private Placement of Units
Newsfile· 2025-07-24 18:16
Core Viewpoint - Nexera Energy Inc. is proposing a non-brokered private placement offering of up to $600,000, issuing a maximum of 40,000,000 common shares at a subscription price of $0.015 per unit, which includes one common share and one warrant [1][3]. Group 1: Offering Details - The offering consists of up to 40,000,000 units, with each unit priced at $0.015, and each unit includes one common share and one warrant [1]. - The warrants allow the holder to purchase an additional common share at $0.10 for 24 months from issuance [1]. - An acceleration clause is included, where if the common shares close at or above $0.15 for 30 consecutive trading days, the warrant expiry will be reduced to 30 days after a press release is issued [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be used by the wholly owned subsidiary, Production Resources Inc. (PRI), to enhance oil and gas services and optimize wells in the Taylor Ina and Somerset fields, aiming to bring approximately 30 inactive wells online [3]. - Specific allocations of the proceeds include: $140,000 for equipment purchases and refurbishing, $280,000 for the well optimization program, and $100,000 for labor, with any remaining funds directed towards working capital [4]. Group 3: Company Overview - Nexera Energy Inc. operates in the energy sector with oil-producing properties in Southwest Texas and owns 100% of Production Resources Inc., which is also based in South Texas [6].