Warrant

Search documents
Ming Shing Group Holdings Limited Announces Entering into a Bitcoin Purchase Agreement for the Purchase of 4,250 Bitcoins
Globenewswire· 2025-08-20 17:48
Core Viewpoint - Ming Shing Group Holdings Limited has announced a significant business development involving the purchase of 4,250 Bitcoins for a total consideration of approximately US$482.96 million, aiming to enhance its asset base and shareholder value [2][8]. Group 1: Bitcoin Purchase Agreement - The Company has entered into a Bitcoin Purchase Agreement with Winning Mission Group Limited for the acquisition of 4,250 Bitcoins at an average price of US$113,638 per Bitcoin, with the transaction expected to close by December 31, 2025 [2]. - The payment will be made through a convertible promissory note and a warrant to purchase Ordinary Shares of the Company [2][3]. Group 2: Assignment Agreement - Concurrently, an Assignment Agreement was established where the Seller assigns 50% of the value of the consideration to Rich Plenty Investment Limited, resulting in the issuance of convertible promissory notes and warrants to both the Seller and the Assignee [3][4]. Group 3: Convertible Promissory Note - The Company will issue a convertible promissory note to both the Seller and the Assignee, each with a principal amount of US$241.48 million, maturing in 120 months with an interest rate of 3% per annum [4][5]. Group 4: Warrant Details - The Company will issue warrants to purchase up to 201,233,958 Ordinary Shares at an exercise price of US$1.25 per share, exercisable for 12 years from the issuance date [6][7]. Group 5: Company Overview - Ming Shing Group Holdings Limited is primarily engaged in wet trades works in Hong Kong, including plastering, tile laying, and marble works, with a mission to become a leading service provider in both Hong Kong and the United States [8].
Purepoint Uranium Increases Flow-Through Private Placement to $5,000,000
Newsfile· 2025-08-15 10:30
Core Viewpoint - Purepoint Uranium Group Inc. has increased its non-brokered private placement offering size from $3,000,000 to $5,000,000 due to strong investor demand [1] Group 1: Offering Details - IsoEnergy Ltd. intends to invest $1,000,000 in support of Purepoint's financing efforts [2] - The offering will include warrants allowing holders to purchase common shares at an exercise price of $0.50 per share for 24 months [2] - The gross proceeds will be used for Canadian Exploration Expenses related to the exploration program in the Athabasca Basin [4] Group 2: Regulatory and Compliance - IsoEnergy's participation is considered a "related party transaction" under MI 61-101, as it holds 10.6% of Purepoint's common shares [3] - The company is exempt from obtaining a formal valuation or minority shareholder approval for IsoEnergy's participation [3] - A material change report will be filed regarding IsoEnergy's participation less than 21 days before the offering closes [3] Group 3: Offering Structure - The offering includes Saskatchewan flow-through units priced at $0.65, national flow-through units at $0.59, and traditional flow-through units also at $0.59 [8] - Each unit consists of one common share and one warrant [8] Group 4: Company Overview - Purepoint Uranium Group Inc. is focused on uranium exploration in the Athabasca Basin, partnering with industry leaders like Cameco Corporation and Orano Canada Inc. [6] - The company also holds a promising VHMS project adjacent to Foran Corporation's McIlvena Bay project [7]
Terra Balcanica Closes Fully Subscribed LIFE Offering
GlobeNewswire News Room· 2025-08-13 16:54
Core Points - Terra Balcanica Resources Corp. has successfully closed the second and final tranche of its private placement, raising gross proceeds of C$302,581 through the issuance of 3,025,809 units at a price of C$0.10 per unit, bringing the total offering amount to C$1,117,495 [1][2][3] Financing Details - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant exercisable at C$0.20 for a period of 24 months from the closing date [1] - The initial tranche of the offering was closed on July 11, 2025, raising C$814,914 through the issuance of 8,149,141 units [1] - Finders' fees of C$7,000 were paid, and 70,000 non-transferable finder's warrants were issued, also exercisable at C$0.20 for 24 months [1][2] Insider Participation - Kim Oishi, a director of the company, purchased 25,809 units in the final tranche, which is classified as a related party transaction [2] - The participation of the insider was approved by independent directors, and it does not materially change the percentage of outstanding securities owned by the insider [2] Regulatory Compliance - The private placement was conducted under the listed issuer financing exemption, and the securities issued are not subject to a hold period under Canadian securities laws [3] - However, the finder's warrants and the common shares issuable upon their exercise are subject to a hold period expiring on December 14, 2025 [3] Company Overview - Terra Balcanica is focused on polymetallic and energy metals exploration, targeting large-scale mineral systems in the Balkans and northern Saskatchewan, Canada [5] - The company holds a 90% interest in the Viogor-Zanik Project in Bosnia and has a 100% optioned portfolio of uranium-prospective licenses in Canada [5] - The company emphasizes responsible engagement with local communities and is committed to sustainable practices [5]
Stack Capital Group Inc. Closes Best Efforts Financing and Concurrent Non-Brokered Private Placement for Total Gross Proceeds of $35,000,000
GlobeNewswire News Room· 2025-08-07 13:22
Core Viewpoint - Stack Capital Group Inc. has successfully closed a private placement offering, raising a total of $35 million through two concurrent offerings, the LIFE Offering and a Concurrent Private Placement [1][4]. Group 1: Offering Details - The LIFE Offering generated gross proceeds of $20 million by issuing 1,454,545 units at a price of $13.75 per unit [1]. - The Concurrent Private Placement raised $15 million by issuing 1,090,909 units at the same offering price [1]. - Each unit consists of one common share and one-quarter of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at an exercise price of $17.00 for 24 months [2]. Group 2: Regulatory and Trading Information - The LIFE Offering was conducted under the listed issuer financing exemption, allowing immediate trading of the unit shares and warrants under Canadian securities legislation [3]. - Units from the Concurrent Private Placement are also immediately freely tradeable, as they were issued in compliance with applicable securities laws [3]. Group 3: Use of Proceeds - The net proceeds from the Offering will be utilized for investments aligned with the company's investment principles and for general corporate and working capital purposes [4]. Group 4: Insider Participation - Certain insiders purchased a total of 9,162 units under the Offering, which is classified as a related party transaction, but exemptions from formal valuation and minority shareholder approval were applied [5]. Group 5: Company Overview - Stack Capital Group Inc. is an investment holding company focused on investing in equity, debt, and other securities of growth-to-late-stage private businesses, providing shareholders with exposure to a diversified private investment portfolio [7].
Stack Capital Group Inc. Announces Upsize to Its Previously Announced Best Efforts Private Placement Now Combined With the Non-Brokered Private Placement for Gross Proceeds of Up to $35,000,000
Globenewswire· 2025-07-25 16:35
Core Viewpoint - Stack Capital Group Inc. has announced an increase in the size of its private placement offering due to strong investor demand, raising the total expected gross proceeds to up to $35,000,000 [1][4]. Offering Details - The offering will consist of up to 1,454,545 units priced at $13.75 each, with each unit comprising one common share and one-quarter of a warrant [2]. - Each warrant will allow the holder to purchase one common share at an exercise price of $17.00 for a period of 24 months following the closing date [2]. Agents and Placement - The company has engaged Canaccord Genuity Corp., Raymond James Ltd., RBC Capital Markets, and TD Securities Inc. as co-lead agents for the offering [3]. - A concurrent non-brokered private placement of up to 1,090,909 units is also planned, aiming for gross proceeds of up to $15,000,000 [4]. Regulatory Compliance - The offering is being conducted under the listed issuer financing exemption, allowing for the sale of units without the usual prospectus requirements in Canada, except Québec [6]. - The company has applied for the listing of the unit shares, warrants, and warrant shares on the Toronto Stock Exchange [5]. Use of Proceeds - The net proceeds from the offering will be utilized for investments aligned with the company's investment principles and for general corporate purposes [9]. Closing Timeline - The offering is expected to close around August 8, 2025, subject to necessary approvals, including from the TSX [10].
Southern Silver Announces Upsize of Bought Deal LIFE Private Placement for Gross Proceeds of C$13.0 Million
Newsfile· 2025-07-16 17:05
Core Viewpoint - Southern Silver Exploration Corp. has increased its previously announced "bought deal" private placement from approximately C$8 million to C$13 million due to strong investor demand [1] Group 1: Offering Details - The upsized offering will consist of 48,148,149 units priced at C$0.27 per unit, each unit comprising one common share and one-half of a common share purchase warrant [1][2] - Each whole warrant allows the holder to purchase one common share at a price of C$0.40 within 36 months after the closing date [2] - An over-allotment option allows Red Cloud to purchase an additional 7,407,408 units for gross proceeds of up to approximately C$2 million [3] Group 2: Use of Proceeds - The net proceeds from the offering will be used for advancing the Cerro Las Minitas project in Durango, Mexico, as well as for working capital and general corporate purposes [4] Group 3: Regulatory Compliance - The offering will comply with National Instrument 45-106 and will be available to purchasers in specific Canadian provinces and potentially in offshore jurisdictions [5] - The common shares and warrant shares are expected to be freely tradable under applicable Canadian securities legislation [5] Group 4: Company Overview - Southern Silver Exploration Corp. focuses on discovering world-class mineral deposits, particularly through its Cerro Las Minitas silver-lead-zinc project in Mexico [10] - The company also holds other properties, including the Nazas property and projects in New Mexico [10]
Southern Silver Announces Bought Deal LIFE Private Placement for Gross Proceeds of C$8.0 Million
Newsfile· 2025-07-15 21:59
Group 1 - Southern Silver Exploration Corp. has entered into an agreement with Red Cloud Securities Inc. for a private placement to raise approximately C$8,000,000 by selling 29,629,630 units at C$0.27 per unit [1][3] - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at C$0.40 within 36 months after the closing date [2] - The company plans to use the net proceeds from the offering for advancing the Cerro Las Minitas project in Durango, Mexico, as well as for working capital and general corporate purposes [4] Group 2 - An over-allotment option allows Red Cloud to purchase an additional 7,407,408 units for up to C$2,000,000 in gross proceeds [3] - The offering is expected to close on or about July 29, 2025, subject to regulatory approvals [7] - The offering will be available to purchasers in specific Canadian provinces and may also be sold in offshore jurisdictions and the United States under certain exemptions [5]
Carlton Precious Announces Closing of Private Placement
Globenewswire· 2025-06-12 17:48
Core Points - Carlton Precious Inc. has successfully closed a non-brokered private placement, issuing 18,176,888 units at a price of $0.09 per unit, resulting in gross proceeds of $1,635,920 [1][4] - Each unit consists of one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of one common share at $0.12 for 24 months [2] - The company paid cash finder's fees of $53,829 and issued 590,333 broker warrants, each allowing the purchase of one common share at $0.09 for 24 months [3] Financial Utilization - Net proceeds from the private placement will be used for a drilling program at the Esquilache Project in Peru, exploration activities at the Matthina Gold Project, and general working capital [4] Related Party Transaction - The private placement involved insiders subscribing for 2,175,000 units, qualifying as a related party transaction under TSX Venture Exchange Policy 5.9 and MI 61-101 [5] - The company is relying on exemptions from certain requirements of MI 61-101 due to the fair market value of insider participation not exceeding 25% of the company's market capitalization [5] Company Overview - Carlton Precious Inc. is a publicly traded exploration company focused on precious and base metals, with projects in key mining jurisdictions including Peru and Australia [7]
Altura Energy Announces Closing of Brokered Private Placement
Newsfile· 2025-06-11 13:51
Offering Details - Altura Energy Corp. closed a brokered private placement offering of 19,855,000 units at a price of $0.10 per unit, resulting in gross proceeds of $1,985,500 [1][2] - Each unit consists of one common share and one warrant, with warrants exercisable at $0.25 until June 11, 2030 [2] - The offering was conducted by Haywood Securities Inc., which received a cash commission of $138,985 and 1,389,850 compensation options [3] Financial Transactions - The company made a partial repayment of $150,000 to ANB Bank, leaving an outstanding balance of $205,000, to be paid in monthly installments of $10,000 starting September 21, 2025 [4] - The company settled outstanding payables of $231,000 to Jasper Management & Advisory Corp. for $150,000, issuing 1,500,000 common shares at a deemed price of $0.10 per share [6] - A proposed debt settlement with Nancy Burke involves issuing 5,266,830 common shares at a deemed price of $0.10 per share, subject to TSX Venture Exchange approval [9] Related Party Transactions - Mr. Ian Telfer, a director of the company, subscribed for 1,000,000 units for gross proceeds of $100,000, constituting a related party transaction [5] - The payables settlement with JMAC also qualifies as a related party transaction, as it is controlled by a director of the company [7][8] Advisory Services - The company issued 1,500,000 units to Haywood Securities Inc. for strategic advisory services rendered, at a deemed value of $225,000 [10] Company Overview - Altura Energy Corp. is an exploration and production company with interests in the Holbrook basin of Arizona [11]
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].