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White Gold Corp. Announces $20 Million Private Placement
Globenewswire· 2025-09-22 11:40
Core Viewpoint - White Gold Corp. has announced a brokered private placement offering of premium flow-through units, flow-through common shares, and units to raise capital for exploration activities in the Yukon Territory [1][5][6] Group 1: Offering Details - The offering includes Premium Flow-Through Units priced at $1.17, Flow-Through Shares at $1.00, and Units at $0.85, with each Unit consisting of one common share and one-half of a warrant [1] - The total gross proceeds from the offering could reach up to $3,000,000 if the Agents exercise their option to sell additional Offered Securities [1][8] - The closing date for the offering is anticipated to occur on or about October 9, 2025, pending regulatory approvals [7] Group 2: Company Background - White Gold Corp. owns a portfolio of 15,364 quartz claims across 21 properties, covering 305,102 hectares, representing approximately 40% of the White Gold District in Yukon [3][10] - The flagship White Gold project contains an estimated 1,732,300 ounces of gold in Indicated Resources and 1,265,900 ounces in Inferred Resources, with significant potential for resource expansion [3][10] Group 3: Use of Proceeds - Proceeds from the sale of Premium Flow-Through Units and Flow-Through Shares will be allocated to exploration expenditures on properties in the White Gold District before December 31, 2026 [5] - Proceeds from the sale of Units are expected to be used for general corporate expenses [5] Group 4: Participation and Rights - Agnico Eagle Mines Limited has the right to participate in the offering to maintain its approximate 19.8% interest in the Company [2] - Participation by Agnico and other insiders will be considered a related party transaction, exempting the Company from certain formal valuation requirements [8]
Silver X Mining Announces Non-Brokered Life Private Placement Concurrent With Bought Deal Life Offering For Aggregate Gross Proceeds of Up to C$21.5 Million
Accessnewswire· 2025-09-15 19:25
Core Viewpoint - Silver X Mining Corp. is initiating a non-brokered private placement due to strong investor demand, aiming to raise between C$3,000,000 and C$5,500,000 through the sale of units priced at C$0.50 each [1] Group 1 - The company plans to sell a minimum of 6,000,000 units and a maximum of 11,000,000 units in this offering [1] - Red Cloud Securities Inc. and Laurentian Bank Securities Inc. are acting as finders for the company in connection with this offering [1]
Silver X Mining Announces Upsize of Bought Deal Life Private Placement for Gross Proceeds of C$13.0 Million
Accessnewswire· 2025-09-12 15:50
Group 1 - The company has increased the size of its previously announced "bought deal" private placement from gross proceeds of C$10,000,000 to C$13,000,000 due to strong investor demand [1] - The lead underwriter, Red Cloud Securities Inc., along with a syndicate of underwriters including Laurentian Bank Securities, will purchase 26,000,000 units at a price of C$0.50 per unit [1]
X @Messari
Messari· 2025-09-05 17:16
Hyperliquid’s Unit surpassed $1B TVL in August (+1,529% since Feb). https://t.co/QnzeZTleWMDylan Bane (@dylangbane):Hyperliquid’s Unit surpassed $1B TVL in August (+1,529% since Feb).A whale-driven surge pushed Unit spot volumes above Coinbase + Bybit on Aug 24 ($3.2B in 24h volume).With $1B in tokenized spot liquidity, Hyperliquid is becoming competitive with CEXes in both perps and spot. https://t.co/OAhsmKer4i ...
Pacific Ridge Announces Brokered Private Placement for Gross Proceeds of up to C$4 Million
Newsfile· 2025-08-18 11:00
Core Viewpoint - Pacific Ridge Exploration Ltd. has announced a private placement agreement with Red Cloud Securities Inc. to raise up to C$4,000,000 through the sale of Units and Flow-Through Units for exploration and working capital purposes [1][4]. Offering Details - The Offering will consist of Units priced at C$0.20 and Flow-Through Units priced at C$0.23, with gross proceeds expected to be C$3,000,000 and C$1,000,000 respectively [8]. - Each Unit includes one common share and one common share purchase warrant, while each Flow-Through Unit consists of one flow-through share and one warrant [1][2]. Use of Proceeds - The net proceeds from the Offering will be allocated for continued drilling at the RDP copper-gold project and a restart of drilling at the Kliyul copper-gold project, along with general working capital [4]. Regulatory Compliance - The Offering will comply with applicable regulatory requirements and will be offered to purchasers in specific Canadian provinces, with potential offerings in the U.S. under certain exemptions [6][11]. Closing Date - The Offering is anticipated to close on or about August 29, 2025, subject to necessary regulatory approvals [10]. Company Background - Pacific Ridge aims to become a leading copper exploration company in British Columbia, with key projects including Kliyul and RDP, among others [12].