Warrant

Fobi AI Announces Completion of Fully Subscribed Upsized Non-Brokered LIFE Offering and & New Non-Brokered Placement

Retrieved on: 
Wednesday, February 28, 2024
TSX Venture Exchange, AI, Marketing, News, Part, Finder, Sale, Exercise, Warrant, PI, Indian stock exchange, National instrument, Acceleration, The Finders (movement), Security (finance)

VANCOUVER, BC, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Fobi AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) (the "Company" or "Fobi"), an industry leader in harnessing AI and data intelligence to enable digital transformation, is pleased to announce that, further to its press releases dated February 2, 2024, February 23, 2024 and February 26, 2024, it has completed the final closing of its previously announced fully-subscribed upsized non-brokered private placement pursuant to the listed issuer financing exemption (the “Listed Issuer Financing Exemption”) under Part 5A of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”) (the “LIFE Offering”).

Key Points: 
  • The total LIFE Offering was comprised of the issuance of an aggregate of 34,905,498 Units at a price per Unit of C$0.07 for aggregate gross proceeds of $2,443,384.94.
  • For avoidance of doubt, the Company shall not be obligated to exercise the Acceleration Right at any time.
  • Due to additional interest, the Company is also pleased to announce a new non-brokered private placement offering of Units (the "Non-LIFE Offering").
  • To download the Fobi Investor Experience Wallet Pass to get enhanced access to investor information about Fobi, please visit our Investor Experience page .

Optimi Announces Closing of First Tranche of Non-Brokered Private Placement

Retrieved on: 
Wednesday, February 28, 2024
Acquisition, Health Canada, FRA, GMP, Warrant, Exercise, MDMA, CAD, Indian stock exchange, Chairperson, Unit, Patient, Minority, Offering, Security (finance)

The Company intends to use the net proceeds from the Offering to obtain its Drug Establishment License, facilitate commercialization, and for general working capital.

Key Points: 
  • The Company intends to use the net proceeds from the Offering to obtain its Drug Establishment License, facilitate commercialization, and for general working capital.
  • JJ Wilson and Dane Stevens, co-founders of Optimi, emphasize, “We are fully dedicated to Optimi's mission of becoming the leading end-to-end supplier of GMP psychedelics.
  • In addition to the financing, the Company also announces that specific founders have agreed to a one-year voluntary lock-up period for their founder shares.
  • This additional commitment, along with the founders' participation in the financing, emphasizes their dedication to commercializing the business and establishing sustainable markets for its products.

West Red Lake Gold Announces a US$20 Million Private Placement of Gold Linked Notes

Retrieved on: 
Tuesday, February 27, 2024
Prospectus, TSX Venture Exchange, Floor, Rule, Sale, Regulation D, Warrant, Indian stock exchange, Gold, Agent, Unit, Offering, Security (finance)

TORONTO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF), is pleased to announce that it has entered into an agreement with Raymond James Ltd. to act as sole bookrunner and lead agent, on behalf of a syndicate of agents (together, the “Agents”), in connection with a marketed “best efforts” private placement of units of the Company (each, a “Unit”) at a price of US$1,000 per Unit (the “Offering Price”) for gross proceeds of US$20,000,000 (the “Offering”). The Agents will have the option to sell up to an additional 15% of the Units offered, exercisable, in whole or in part, at any time up to 48 hours prior to the Closing Date (as defined below) to cover over-allotments, if any.

Key Points: 
  • Each Unit will contain gold-linked notes in the aggregate principal amount of US$1,000 (the “Notes”) and 710 common share purchase warrants (the “Warrants”).
  • Commencing January 1, 2026, the Company will cause gold to be placed in escrow on a quarterly basis into a gold trust account.
  • The Notes will amortize based on a guaranteed floor price of US$1,800 per ounce of gold (the “Floor Price”).
  • Any excess proceeds by which the gold price exceeds the Floor Price will be paid to investors as a premium.

Revive Therapeutics Ltd. Announces Closing of the Second and Final Tranche of Its Private Placement for Gross Proceeds of $1,187,110

Retrieved on: 
Monday, February 26, 2024
PI, Indian stock exchange, NOT, Warrant, COVID, RVV, Offering, Security (finance)

TORONTO, Feb. 26, 2024 (GLOBE NEWSWIRE) -- REVIVE THERAPEUTICS LTD. (CSE: RVV; OTCQB: RVVTF) (“Revive” or the “Company”) announces that it has completed the second and final tranche of its previously announced private placement (see January 24, 2024 and January 31, 2024 press releases) (the “Offering”) by issuing 33,917,428 units (each, a “Unit”), at a price of $0.035 per Unit, for gross proceeds of $1,187,110. The aggregate amount raised from the first and second closings of the Offering is $2,100,610.

Key Points: 
  • The aggregate amount raised from the first and second closings of the Offering is $2,100,610.
  • Each Unit consisted of one common share (“Common Share”) in the capital of the Company and one-half (1/2) of a Common Share purchase warrant (“Warrant”) of the Company.
  • Each whole Warrant entitles the holder thereof to acquire one additional Common Share at a price of $0.05 per Common Share for a period of thirty-six (36) months from the closing date (the “Closing Date”) of the Offering.
  • All securities issued pursuant to the second and final closing of the Offering are subject to a statutory hold period of four months and ‎one day expiring on June 24, 2024.

HydroGraph Announces Closing of Second Tranche of Private Placement

Retrieved on: 
Monday, February 26, 2024
Regulation, News, Sale, Exercise, Warrant, Common, Indian stock exchange, Unit, Hydrograph, Minority, Offering, Security (finance)

VANCOUVER, British Columbia, Feb. 26, 2024 (GLOBE NEWSWIRE) -- HydroGraph Clean Power Inc. (CSE: ‎HG) (OTCQB: HGCPF) (the “Company” or “HydroGraph”) announces that the Company has closed the second tranche (the “Second Tranche”) of its non-brokered private placement (the “Offering”) previously announced on October 30, 2023. Pursuant to the Second Tranche, the Company issued an aggregate of 9,626,000 units of the Company (the “Units”) for aggregate gross proceeds of C$962,600. The Units were offered in US dollars and Canadian dollars at the respective prices of US$0.074 and C$0.10. To date, HydroGraph has sold and issued an aggregate of 19,886,856 Units for gross proceeds of approximately C$1.99 million pursuant to the Offering.

Key Points: 
  • Not for distribution to U.S. newswire services or dissemination in the United States
    VANCOUVER, British Columbia, Feb. 26, 2024 (GLOBE NEWSWIRE) -- HydroGraph Clean Power Inc. (CSE: ‎HG) (OTCQB: HGCPF) (the “Company” or “HydroGraph”) announces that the Company has closed the second tranche (the “Second Tranche”) of its non-brokered private placement (the “Offering”) previously announced on October 30, 2023.
  • Pursuant to the Second Tranche, the Company issued an aggregate of 9,626,000 units of the Company (the “Units”) for aggregate gross proceeds of C$962,600.
  • To date, HydroGraph has sold and issued an aggregate of 19,886,856 Units for gross proceeds of approximately C$1.99 million pursuant to the Offering.
  • One insider of the Company participated in the Second Tranche and subscribed for a total of 250,000 Units for gross proceeds of C$25,000.

Fobi AI Announces Completion of First Tranche Of Non-Brokered Private Placement

Retrieved on: 
Friday, February 23, 2024
TSX Venture Exchange, AI, Marketing, News, Part, Finder, Sale, Exercise, Warrant, Indian stock exchange, Unit, National instrument, Acceleration, Security (finance)

VANCOUVER, BC, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Fobi AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) (the "Company" or "Fobi"), an industry leader in harnessing AI and data intelligence to enable digital transformation, is pleased to announce the completion of its first tranche closing (the “First Tranche”) of a non-brokered private placement financing previously announced on February 2, 2024 (the “Offering”). The First Tranche was comprised of the issuance of 21,693,370 units of the Company (“Units”) at a price per Unit of C$0.07 for aggregate gross proceeds of $1,518,535.94. Each Unit consisted of one (1) common share in the capital of the Company (a “Common Share”) and one (1) common share purchase warrant (a “Warrant”). Each Warrant entitles the holder to acquire one Common Share at an exercise price of C$0.14 until the earlier of February 23, 2027; and (ii) in the event the volume weighted average price of the Common Shares on the TSX Venture Exchange (the “TSXV”) for any continuous 10 trading day period meets or exceeds $0.21 following the closing of the Offering (the “Acceleration Condition”), the date that is thirty (30) days following the issuance of a news release by the Company announcing the acceleration of the expiry of the Warrants, which such news release may be issued at any time following the trigger of the Acceleration Condition (the “Acceleration Right”). For avoidance of doubt, the Company shall not be obligated to exercise the Acceleration Right at any time.

Key Points: 
  • VANCOUVER, BC, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Fobi AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) (the "Company" or "Fobi"), an industry leader in harnessing AI and data intelligence to enable digital transformation, is pleased to announce the completion of its first tranche closing (the “First Tranche”) of a non-brokered private placement financing previously announced on February 2, 2024 (the “Offering”).
  • The First Tranche was comprised of the issuance of 21,693,370 units of the Company (“Units”) at a price per Unit of C$0.07 for aggregate gross proceeds of $1,518,535.94.
  • Each Unit consisted of one (1) common share in the capital of the Company (a “Common Share”) and one (1) common share purchase warrant (a “Warrant”).
  • To download the Fobi Investor Experience Wallet Pass to get enhanced access to investor information about Fobi, please visit our Investor Experience page .

GFG Announces Private Placement Financing of up to C$3.3 Million

Retrieved on: 
Friday, February 23, 2024
Issuer, Income Tax Act, TSX, News, Part, Sale, Exercise, Warrant, Dore Gold, Gold, GFG, NOT, National instrument, VMS, AGI, Offering, Security (finance)

SASKATOON, Saskatchewan, Feb. 23, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces a private placement to raise gross proceeds of up to C$3.3 million (the “Offering”). As part of the Offering, the Company is pleased to announce that Alamos Gold Inc. (TSX: AGI; NYSE: AGI) has committed to purchase securities in the Offering to maintain their position at a 9.99% interest in the Company upon completion of the Offering.

Key Points: 
  • NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES
    SASKATOON, Saskatchewan, Feb. 23, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces a private placement to raise gross proceeds of up to C$3.3 million (the “Offering”).
  • With respect to the balance of the Offering, the securities issued to subscribers will be subject to a statutory hold period of four months and one day from the closing date.
  • The goal is to advance the best targets to drill-ready status by Q4 2024 for first-pass drill testing.
  • The Company is also active in applying new targeting concepts at its 475 km2 Pen Gold Project west of Timmins.

MARKSMEN ANNOUNCES PROPOSED PRIVATE PLACEMENT

Retrieved on: 
Thursday, February 22, 2024
Acquisition, Prospectus, TSX Venture Exchange, OTC, News, Warrant, Existence, Indian stock exchange, Unit, Acceleration, Risk, Offering, HD2, Security (finance)

The Units will be comprised of one (1) common share (“Common Share”) and one (1) share purchase warrant (“Warrant”) of Marksmen.

Key Points: 
  • The Units will be comprised of one (1) common share (“Common Share”) and one (1) share purchase warrant (“Warrant”) of Marksmen.
  • The Offering is being offered to all of the existing shareholders of Marksmen who are permitted to subscribe pursuant to the Existing Security Holder Exemption.
  • This news release may contain certain forward-looking information and statements, including without limitation, the closing of the private placement, statements pertaining to the use of proceeds, and the Company's ability to obtain necessary approvals from the TSX Venture Exchange.
  • Marksmen does not undertake to update any forward-looking information except in accordance with applicable securities laws.

Western Uranium & Vanadium Receives over $4.6M from Warrant Exercises

Retrieved on: 
Tuesday, February 20, 2024
WUC, CAD, Placement, Exercise, Warrant, Mining, Security (finance)

Toronto, Ontario and Nucla, Colorado, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Western Uranium & Vanadium Corp. (CSE: WUC) (OTCQX: WSTRF) (“Western” or the ”Company”) is pleased to announce that it has received approximately CAD$4,630,800 in total proceeds from the exercise of common share purchase warrants (“Warrants”) between December 1, 2023 and February 16, 2024.

Key Points: 
  • Toronto, Ontario and Nucla, Colorado, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Western Uranium & Vanadium Corp. (CSE: WUC) (OTCQX: WSTRF) (“Western” or the ”Company”) is pleased to announce that it has received approximately CAD$4,630,800 in total proceeds from the exercise of common share purchase warrants (“Warrants”) between December 1, 2023 and February 16, 2024.
  • During this two and a half month period, an aggregate of 3,859,000 Warrants were exercised.
  • An exercise participation rate above 99% was attained prior to the expiration of the Placement warrants on February 16, 2024.
  • Western anticipates that most of the proceeds received from the exercise of Warrants will be strategically deployed to accelerate the ramp-up of Western’s mining and milling projects into an increasingly favorable uranium mining environment.

Nevada Exploration Corporate Update

Retrieved on: 
Tuesday, February 20, 2024
Acquisition, TSX Venture Exchange, Uranium, News, Rensselaer Polytechnic Institute, Sale, Warrant, Hales, NGE, University, Law, Indian stock exchange, Acceleration, Law society, Athabasca Basin, Negotiation, Acalypha, Offering, Corporation

VANCOUVER, British Columbia, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V:NGE; OTCQB:NVDEF) announces the assays for drillhole SGVC014A at its South Grass Valley property, property acquisition negotiations, addition of directors, and a private placement financing.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V:NGE; OTCQB:NVDEF) announces the assays for drillhole SGVC014A at its South Grass Valley property, property acquisition negotiations, addition of directors, and a private placement financing.
  • Sandra MacKay serves as the Global Vice President, Legal and Corporate Secretary, for Copperleaf Technologies Inc. She joined Copperleaf in 2022 and brings over 30 years of corporate-commercial legal experience to the company.
  • She has a wealth of legal experience in securities law, corporate governance, and intellectual property law matters as well as experience on a wide range of commercial transactions.
  • Mr. Hilditch is the President and owner of Rock Management Consulting Ltd., a private mining management services and consulting company.