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Nuclear Vision Closes Upsized Private Placement with Participation by Eric Sprott
TMX Newsfile· 2026-02-07 00:34
Core Viewpoint - Nuclear Vision Limited has successfully closed an upsized non-brokered private placement, raising a total of $6,000,000 by issuing 24,000,000 units at a price of $0.25 per unit, with strategic investor Eric Sprott acquiring a significant portion of the offering [1][2]. Financing Details - The offering consisted of 24,000,000 units, each comprising one common share and one-half of a common share purchase warrant, with a total gross proceeds of $6,000,000 [1][2]. - Eric Sprott, through 2176423 Ontario Ltd., purchased 8,000,000 units for $2,000,000, representing a strategic investment [1][2]. - The warrants allow the holder to purchase additional shares at a tiered exercise price over a 24-month period [2][13]. Ownership Structure - Following the offering, Eric Sprott beneficially owns 8,000,000 shares and 4,000,000 warrants, equating to approximately 12.8% ownership on a non-diluted basis and 18.0% on a fully diluted basis [3]. Use of Proceeds - The net proceeds from the offering will be allocated for general working capital, exploration programs on uranium projects in Botswana, and planning for manganese projects in Slovakia [6]. Additional Information - The company paid cash finders' fees of C$69,150 and issued 276,600 non-transferable finders' warrants in connection with the offering [7]. - All securities issued are subject to a statutory hold period of four months and one day [7]. - Nuclear Vision Ltd. focuses on energy transition and has a diversified portfolio of uranium and critical mineral assets in stable jurisdictions [9].
Medaro Announces LIFE Private Placement Offering
Newsfile· 2025-12-09 02:00
Core Viewpoint - Medaro Mining Corp. is conducting an offering to raise up to $524,000 through the sale of 3,742,857 units at a price of $0.14 per unit, which will support exploration activities and general corporate purposes [1][3]. Group 1: Offering Details - The offering consists of units, each comprising one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional share at $0.17 for 24 months [2]. - The offering is structured as a private placement under the Listed Issuer Financing Exemption, allowing for immediate tradeability of the units in Canada, excluding Québec [4][5]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to advancing exploration at the Pontax and Cyr South lithium properties, along with covering general corporate and administrative expenses [3]. Group 3: Regulatory Compliance - The offering is subject to compliance with applicable regulatory requirements, and the company may pay finder's fees to eligible finders [6]. - The securities offered have not been registered under the U.S. Securities Act and cannot be sold in the United States without proper registration or exemption [7]. Group 4: Company Overview - Medaro Mining Corp. is a lithium exploration company based in Vancouver, BC, owning the James Bay Pontax Project and the CYR South lithium properties in Quebec [8].