NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESS Newswire / October 16, 2025 / Sun Peak Metals Corp. (TSXV:PEAK)(OTCQB:SUNPF) ("Sun Peak" or the "Company") is pleased to announce a non-brokered private placement of up to 14,285,714 subscription receipts (the "Subscription Receipts") of a wholly owned subsidiary of the Company ("FinCo") at a price of $0.35 per Subscription Receipt for aggregate gross proceeds of up to $5,000,000 (the "Of ...

Toronto, Ontario--(Newsfile Corp. - October 15, 2025) - First Nordic Metals Corp. (TSXV: FNM) (FNSE: FNMC SDB) (OTCQX: FNMCF) (FSE: HEG0) ("First Nordic") is pleased to announce the closing of its previously announced non-brokered private placement (the "Non-Brokered Private Placement") and its "best efforts" brokered private placement (the "Brokered Private Placement" and together with the Non-Brokered Private Placement, the "Offerings") of subscription receipts raising aggregate gross proceeds of approxi ...

Core Viewpoint - Agnico Eagle Mines Limited has acquired 5,000,000 subscription receipts from Fuerte Metals Corporation for a total of C$8,250,000, aligning with its strategy of investing in projects with high geological potential [1][2]. Investment Details - The subscription receipts were purchased at a price of C$1.65 each, as part of a brokered private placement [1]. - Upon meeting certain escrow release conditions, each subscription receipt will convert into one unit of Fuerte, which includes one common share and one warrant [3]. Ownership Structure - Prior to the private placement, Agnico Eagle owned approximately 8.43% of Fuerte's common shares. After the transaction, it is expected to own approximately 8.12% on a non-diluted basis and 11.65% on a partially-diluted basis, assuming the exercise of the warrants [4]. Rights and Agreements - Agnico Eagle has an investor rights agreement with Fuerte, allowing it to maintain its ownership percentage and nominate board members under certain conditions [5]. - The company may acquire additional securities of Fuerte or dispose of its holdings depending on market conditions and strategic priorities [6]. Company Background - Agnico Eagle is Canada's largest mining company and the second-largest gold producer globally, with operations in Canada, Australia, Finland, and Mexico [9].

Vancouver, British Columbia--(Newsfile Corp. - October 9, 2025) - Fuerte Metals Corporation (TSXV: FMT) (OTCQB: FUEMF) ("Fuerte" or the "Company") is pleased to announce the closing of the previously announced offering of subscription receipts of its subsidiary, 1555489 B.C. Ltd. ("Finco"), for aggregate gross proceeds of approximately $57.5 million (the "Offering"). The Offering was conducted by Finco on a private placement basis through Stifel Canada and BMO Capital Markets, as co-lead agents and joint b ...

TORONTO, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Q-Gold Resources Ltd. (TSXV: QGR) (“Q-Gold” or the “Company”) is pleased to announce that it has closed its previously announced private placement offering of subscription receipts (each, a “Subscription Receipt”). Pursuant to an agency agreement dated October 3, 2025 (the "Agency Agreement") between the Company and BMO Capital Markets, as agent (the "Agent"), the Company issued a total 76,666,667 Subscription Receipts at a price of $0.15 per Subscription Receipt f ...

Core Viewpoint - Q-Gold Resources Ltd. has successfully closed a private placement offering of subscription receipts, raising a total of $11,500,000 through the issuance of 76,666,667 subscription receipts at a price of $0.15 each, including the full exercise of the over-allotment option by the agent [1][2]. Group 1: Offering Details - The subscription receipts were issued under a subscription receipt agreement and the gross proceeds, after deducting the agent's fees, have been placed in escrow pending the satisfaction of certain conditions [2][9]. - Each subscription receipt will automatically convert into one unit upon meeting the escrow release conditions by November 14, 2025 [3]. - Each unit consists of one common share and half a warrant, with the warrant allowing the purchase of one common share at $0.20 until October 3, 2027 [4]. Group 2: Financial Aspects - The agent is entitled to a cash commission of 6% of the gross proceeds, amounting to $690,000, with half paid immediately and the remainder contingent on the completion of the acquisition [7]. - The net proceeds from the offering will be used for financing the acquisition of the Quartz Mountain Project, exploration programs, and general corporate purposes [9]. Group 3: Acquisition and Conditions - The acquisition of the Quartz Mountain Project from Alamos Gold Inc. is expected to close by the escrow release deadline, subject to customary closing conditions [10][11]. - Insider participation in the offering includes a subscription of 2,000,000 subscription receipts by a director of the company, which is considered a related party transaction [12].

Core Viewpoint - Q-Gold Resources Ltd. has announced the conditional approval of a financing offering by the TSX Venture Exchange, which is fully allocated and includes an over-allotment option, resulting in total gross proceeds of C$11,500,000 [1][2][6]. Offering Details - The offering will consist of up to 76,666,667 Subscription Receipts priced at C$0.15 each, which will convert into Units upon the satisfaction of certain conditions [2][3]. - Each Unit will comprise one common share and one-half of a common share purchase warrant, with the warrants allowing the purchase of additional shares at C$0.20 for 24 months [4][6]. - The offering is expected to close in escrow around October 2, 2025, pending regulatory approvals and other customary conditions [10][12]. Use of Proceeds - The net proceeds from the offering will be used to finance the acquisition of the Quartz Mountain Project, fund exploration programs at the Mine Centre project, and for general working capital [9][12]. Regulatory and Closing Conditions - The completion of the offering and acquisition is subject to various regulatory approvals, including those from the TSXV, and the filing of a technical report in accordance with National Instrument 43-101 [10][11]. - The offering will be structured to ensure that if conditions are not met by the Escrow Release Deadline, the Subscription Receipts will be cancelled and funds returned to the holders [5][7].

Core Viewpoint - Datametrex AI Limited has confirmed the terms of two private placement financings totaling up to $4,000,000, which includes common shares and subscription receipts priced at $0.08 each [1] Group 1: Financing Details - The company is conducting a non-brokered private placement of up to $3,000,000 of common shares [1] - Additionally, there is a non-brokered private placement of up to $1,000,000 of subscription receipts [1] - Both the common shares and subscription receipts will be priced at $0.08 each [1]

Core Viewpoint - Voyageur Mineral Explorers Corp. and Evolve Strategic Element Royalties Inc. are moving forward with a proposed business combination and Evolve plans to raise approximately $20 million through a private placement of subscription receipts [2][3][6] Group 1: Business Combination Details - Evolve intends to complete a private placement of subscription receipts for gross proceeds of approximately $20 million, with existing shareholders and management planning to subscribe for up to $9 million [2][3] - The subscription receipts will be offered at a price of $0.80 each, and the offering will be conducted on a "best efforts" private placement basis [3] - Upon closing, the gross proceeds will be held in escrow until certain conditions are met, including approval from the Canadian Securities Exchange [5][6] Group 2: Share Exchange and Consolidation - Each subscription receipt will automatically convert into one common share of Evolve upon meeting escrow release conditions, with a subsequent exchange for common shares of Voyageur based on an exchange ratio of 0.285 [5] - If the consolidation of Voyageur's common shares is not completed prior to the business combination, the exchange ratio will be adjusted to 1.14 common shares of the resulting issuer for each subscription receipt share [5] Group 3: Use of Proceeds - The net proceeds from the Evolve offering will be utilized for new growth investments, working capital, and general corporate purposes [6] Group 4: Company Profiles - Evolve is a strategic metals royalty company focused on securing premium assets in the low-carbon and digital economy, with a royalty portfolio that includes interests in Teck Resources and Hudbay Minerals [7] - Voyageur is a junior mineral exploration company with a focus on properties in Northwest Manitoba and Northeast Saskatchewan, holding royalties in the Flin Flon greenstone belt [8]

Core Viewpoint - Asante Gold Corporation has successfully closed a bought deal private placement, raising gross proceeds of C$236,785,000 through the issuance of 163,300,000 subscription receipts at a price of C$1.45 each, which will be used for development and growth expenditures at its mines and to settle obligations with Kinross Gold Corporation [1][12]. Financing Details - The offering was completed under an underwriting agreement with BMO Capital Markets as the lead underwriter, with a cash commission of 5.5% on gross proceeds, excluding certain sales [2]. - The gross proceeds, after deducting 50% of the underwriters' commission and related expenses, are held in escrow until specific conditions are met, including the satisfaction of the Escrow Release Condition [3][5]. - The company plans to secure a financing package that includes a US$150 million senior debt facility, a US$125 million subordinated debt facility, and a US$50 million gold stream financing [8]. Financing Package Composition - The financing package is expected to involve US$175 million from Appian Capital Advisory Ltd. and US$170 million from FirstRand Bank Limited, with specific allocations for each component of the financing [9]. - The company intends to issue common share purchase warrants to Appian as part of the financing arrangement, which will be exercisable at a price of C$1.67 per share [9]. Kinross Debt Settlement - Asante Gold plans to settle approximately US$53 million in deferred consideration owed to Kinross Gold Corporation through cash payments and the issuance of common shares to increase Kinross's equity ownership to 9.9% [10]. Use of Proceeds - The net proceeds from the offering and financing package will be allocated for development and growth at the Bibiani and Chirano mines, settling obligations to Kinross, and general working capital [12]. Corporate Updates - The company announced the retirement of its Chief Operating Officer, Adriano Sobreira, and the strengthening of its senior management team with new appointments in Ghana [15][16]. - The annual general and special meeting of shareholders has been rescheduled to October 2025 to accommodate holders of subscription receipts [18].