Multilateral

Prime Drink Group Announces Terms of Concurrent Financing in Connection With Proposed Acquisition of Triani Canada and Provides Update on the Transaction

Retrieved on: 
木曜日, 5月 9, 2024

Finder’s fees may be paid in connection with the Offering within the maximum amount permitted by the policies of the CSE.

Key Points: 
  • Finder’s fees may be paid in connection with the Offering within the maximum amount permitted by the policies of the CSE.
  • The Company intends to use the net proceeds of the private placement to fund the Proposed Transaction, to develop its business and for working capital.
  • The Proposed Transaction is not a “related party transaction” as such term is defined by Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions.
  • There can be no assurance that the trading of Prime Shares will resume prior to the completion of the Proposed Transaction.

ENTRÉE RESOURCES ANNOUNCES FIRST QUARTER 2024 RESULTS

Retrieved on: 
水曜日, 5月 8, 2024

VANCOUVER, BC, May 8, 2024 /PRNewswire/ - Entrée Resources Ltd. (TSX: ETG) (OTCQB: ERLFF) – the "Company" or "Entrée") has today filed its interim financial results for the first quarter ended March 31, 2024.

Key Points: 
  • VANCOUVER, BC, May 8, 2024 /PRNewswire/ - Entrée Resources Ltd. (TSX: ETG) (OTCQB: ERLFF) – the "Company" or "Entrée") has today filed its interim financial results for the first quarter ended March 31, 2024.
  • In the first quarter 2024, OTLLC delivered 1.3 million tonnes of ore milled from Panel 0 on the Oyu Tolgoi mining licence at an average copper head grade of 1.67%.
  • Commissioning is expected to be progressively completed from the fourth quarter 2024 through to the second quarter 2025.
  • First Lift 1 Panel 1 development work on the Shivee Tolgoi mining licence is expected to commence in the fourth quarter 2024.

INTERNATIONAL BATTERY METALS LTD. ANNOUNCES CLOSING OF STRATEGIC PRIVATE PLACEMENT

Retrieved on: 
火曜日, 5月 7, 2024

VANCOUVER, BC, and HOUSTON, May 6, 2024 /PRNewswire/ - International Battery Metals Ltd. (the "Company"), is pleased to announce that it has closed its previously announced non- brokered private placement financing (the "Private Placement").

Key Points: 
  • VANCOUVER, BC, and HOUSTON, May 6, 2024 /PRNewswire/ - International Battery Metals Ltd. (the "Company"), is pleased to announce that it has closed its previously announced non- brokered private placement financing (the "Private Placement").
  • In connection with the Private Placement, the Company extended the expiry of 6,396,999 previously issued Common Share purchase warrants from April 21, 2025, to May 3, 2026.
  • The Company further intends to complete additional private placement financings of up to USD$13,564,000 million on similar terms of the Private Placement.
  • In connection with the Private Placement, EV Metals acquired 7,924,157 Units for gross proceeds of USD$4,436,000 (approximately CAD$6,072,440), representing approximately 42.51% of the aggregate proceeds raised by the Company in the Private Placement.

FG Acquisition Corp. Announces Proposed Acquisition of Strong/MDI Screen Systems, Inc. and launch of Saltire Holdings, Ltd.

Retrieved on: 
金曜日, 5月 3, 2024

TORONTO, May 03, 2024 (GLOBE NEWSWIRE) -- FG Acquisition Corp. (TSX: FGAA.U, FGAA.WT.U) (“FGAC” or the “Corporation”), a special purpose acquisition company, and Strong Global Entertainment, Inc. (NYSE: SGE) (“Strong Global”) are pleased to announce the proposed acquisition (the “MDI Acquisition”) of Strong/MDI Screen Systems, Inc. (“MDI”) by FGAC, pursuant to an acquisition agreement (the “Acquisition Agreement”) dated May 3, 2024 between FGAC, Strong Global, MDI, FGAC Investors LLC and CG Investments VII Inc (together with FGAC Investors LLC, the “Sponsors”). The MDI Acquisition, together with the launch of FGAC’s new investment platform, will constitute FGAC’s qualifying acquisition.

Key Points: 
  • The MDI Acquisition, together with the launch of FGAC’s new investment platform, will constitute FGAC’s qualifying acquisition.
  • In connection with the closing of the MDI Acquisition (“Closing”), the Corporation intends to rename itself Saltire Holdings, Ltd. (“Saltire”).
  • This platform will aim to benefit both business owners and investors seeking a differentiated long-term platform”, commented Andrew Clark, proposed Chief Executive Officer of Saltire Partners, Inc.
  • In connection with the proposed Qualifying Acquisition, the Corporation will call a special meeting of the shareholders of the Corporation (the “Meeting”).

INTERNATIONAL BATTERY METALS LTD. ANNOUNCES STRATEGIC PRIVATE PLACEMENT AND CORPORATE UPDATE

Retrieved on: 
金曜日, 4月 26, 2024

In connection with the Private Placement, the Company has agreed to extend the expiry of 6,396,999 previously issued warrants from April 21, 2025, to the date which is 24 months from the date of closing the Private Placement.

Key Points: 
  • In connection with the Private Placement, the Company has agreed to extend the expiry of 6,396,999 previously issued warrants from April 21, 2025, to the date which is 24 months from the date of closing the Private Placement.
  • The Company has granted customary registration rights to the investors in the Private Placement.
  • The Company further intends to complete additional private placement financing of up to USD$15.8 Million, which may be completed on similar terms of the Private Placement.
  • EV Metals VI LLC, a private company controlled by Jacob Warnock, a director of the Company, or an affiliated company (collectively, "EV Metals"), will participate in the Private Placement to acquire a minimum of 3,846,913 Units for gross proceeds of at least USD $2.2 million.

F3 Announces Revised Bought Deal Private Placement for Gross Proceeds of C$9.0 Million

Retrieved on: 
木曜日, 5月 2, 2024

Red Cloud Securities Inc. is acting as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters (collectively, the "Underwriters").

Key Points: 
  • Red Cloud Securities Inc. is acting as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters (collectively, the "Underwriters").
  • If the Over-Allotment Option is exercised in full, the total gross proceeds of the Offering will be C$10,000,000.
  • The Company will pay to the Underwriters a cash commission of 5.5% of the gross proceeds raised in respect of the Offering (the "Underwriters' Commission").
  • The proceeds of the Offering will be used by the Company to fund exploration of the Company's projects in the Athabasca Basin.

Guanajuato Silver Announces Brokered LIFE Offering of Units

Retrieved on: 
木曜日, 4月 25, 2024

VANCOUVER, British Columbia, April 25, 2024 (GLOBE NEWSWIRE) -- Guanajuato Silver Company Ltd. (the “Company” or “GSilver”) (TSXV:GSVR) (OTCQX:GSVRF) announces a brokered, best-efforts Listed Issuer Financing Exemption private placement (the “Offering”) consisting of units of the Company (the “Units”) at a price of C$0.20 per Unit (the “Offering Price”) for minimum aggregate gross proceeds of C$6,000,000 and a maximum of up to C$8,625,000. The Offering is being led by Research Capital Corporation and Red Cloud Securities Inc. as the co-lead agents and joint bookrunners, on behalf of a syndicate of agents (collectively, the “Agents”).

Key Points: 
  • Each Warrant will entitle the holder to purchase an additional Common Share at an exercise price of C$0.30 for a period of 24 months following the closing of the Offering.
  • Net proceeds from the Offering will be used to, inter alia:
    add to the Company’s underground fleet and ramp up production at GSilver’s producing mines in Guanajuato and Durango.
  • The Units offered under the Listed Issuer Financing Exemption will be immediately “free-trading” under applicable Canadian securities laws.
  • There is an offering document (the "Offering Document") related to this Offering that can be accessed under the Company's profile at www.sedarplus.ca and at the Company's website at www.gsilver.com .

Surge Copper Announces Closing of Private Placement for $1.0 million

Retrieved on: 
水曜日, 4月 24, 2024

Vancouver, British Columbia, April 24, 2024 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG ) (OTCQB: SRGXF ) (Frankfurt: G6D2 ) (“Surge” or the “Company”) announces that it has closed its previously announced non-brokered private placement (the “Side-Car Private Placement”) (see April 10, 2024 press release ), consisting of 10,000,000 common shares of Surge (the “Side-Car Common Shares”) at a price of $0.10 per Side-Car Common Share for aggregate gross proceeds of $1.0 million.

Key Points: 
  • Vancouver, British Columbia, April 24, 2024 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG ) (OTCQB: SRGXF ) (Frankfurt: G6D2 ) (“Surge” or the “Company”) announces that it has closed its previously announced non-brokered private placement (the “Side-Car Private Placement”) (see April 10, 2024 press release ), consisting of 10,000,000 common shares of Surge (the “Side-Car Common Shares”) at a price of $0.10 per Side-Car Common Share for aggregate gross proceeds of $1.0 million.
  • Closing of the previously announced strategic placement (the “Strategic Placement”) (see April 2, 2024 press release ) is anticipated within the next several weeks.
  • The net proceeds from the Side-Car Private Placement will be used to fund the advancement of the Berg Project, exploration, and for working capital and general corporate purposes.
  • The Company paid finders fees totalling $6,000 to PI Financial Corp. and EDE Asset Management Inc. in connection with the Side-Car Private Placement.

Xtract One Closes $7.2M Public Offering and $1.4M Investment by Strategic Partner

Retrieved on: 
水曜日, 4月 24, 2024

TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Xtract One Technologies Inc. (TSX: XTRA) (OTCQX: XTRAF) (FRA: 0PL) (“Xtract One” or the “Company”) announces that it has closed its previously announced public offering (the “Offering”) conducted by Eight Capital, as lead agent and sole bookrunner, and Echelon Wealth Partners Inc. (together with Eight Capital, the “Agents”).

Key Points: 
  • Each Unit consists of one common share of the Company (each, a “Common Share”) and one common share purchase warrant (each, a “Warrant”).
  • In connection with the Offering, the Agents received an aggregate cash fee of $500,799.60 and 981,960 common share purchase warrants (each, an “Agents’ Warrant”).
  • Each Agents’ Warrant is exercisable into one Common Share at an exercise price of $0.51 until April 24, 2026.
  • Xtract One intends to use the proceeds of the Offering and the Concurrent Private Placement for working capital and general corporate purposes.

Mirasol Resources Closes First Tranche of Private Placement

Retrieved on: 
水曜日, 4月 24, 2024

VANCOUVER, British Columbia, April 23, 2024 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTC: MRZLF) (the “Company” or “Mirasol”) is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement.

Key Points: 
  • VANCOUVER, British Columbia, April 23, 2024 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTC: MRZLF) (the “Company” or “Mirasol”) is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement.
  • The Company issued 3,887,552 Units (the “Units”) at a price of $0.60 per Unit for aggregate gross proceeds of $2,332,531.20.
  • Accordingly, these subscriptions each constituted a “related party transaction” within the meaning of Multilateral Instrument 61-101 Protection of Minority Shareholders in Special Transactions (“MI 61-101”).
  • The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, or any US state securities laws.