Private placement

PowerBand Announces Up to $12M Brokered Private Placement Offering to Accelerate Growth and Launch Online Marketplace

Tuesday, June 15, 2021 - 9:41pm

If the Agents Option is exercised in full, the total gross proceeds of the Offering would be approximately $13,800,032.

Key Points: 
  • If the Agents Option is exercised in full, the total gross proceeds of the Offering would be approximately $13,800,032.
  • All securities issued in connection with the private placement are subject to a 4-month hold.
  • Closing of the Offering will be subject to certain closing conditions, including approval from the TSX Venture Exchange.
  • The Company intends to use the proceeds to fortify the balance sheet, accelerate growth from DRIVRZ Financial and launch DrivrzXchange and DrivrzLane before the end of 2021.

Greenbrook TMS Announces Completion of US$23.5 Million Private Placement Led by Masters Special Situations

Monday, June 14, 2021 - 10:01pm

Greenbrook TMS Inc. (TSX: GTMS, NASDAQ: GBNH) (Greenbrook or the Company) today announced that it has completed a non-brokered private placement (the Private Placement) of common shares of the Company (the Common Shares).

Key Points: 
  • Greenbrook TMS Inc. (TSX: GTMS, NASDAQ: GBNH) (Greenbrook or the Company) today announced that it has completed a non-brokered private placement (the Private Placement) of common shares of the Company (the Common Shares).
  • The financing was led by new investor Masters Special Situations, LLC and affiliates thereof (MSS).
  • In connection with the Private Placement, MSS will receive the right to appoint a nominee to the board of directors of the Company.
  • Accordingly, the Private Placement is considered a related party transaction for purposes of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (MI 61-101).

Noront Resources Closes Private Placement Financing

Friday, June 11, 2021 - 2:27pm

TORONTO, June 11, 2021 (GLOBE NEWSWIRE) -- Noront Resources Ltd. (TSXV: NOT) ("Noront" or the "Company") has completed its previously-announced private placement financing (the "Private Placement") of 21,659,385 common shares of the Company ("Common Shares") at a price of $0.283 per Common Share (the "Issue Price") for gross proceeds of approximately $6.1 million, excluding the Wyloo Top-Up Shares (as defined below).

Key Points: 
  • TORONTO, June 11, 2021 (GLOBE NEWSWIRE) -- Noront Resources Ltd. (TSXV: NOT) ("Noront" or the "Company") has completed its previously-announced private placement financing (the "Private Placement") of 21,659,385 common shares of the Company ("Common Shares") at a price of $0.283 per Common Share (the "Issue Price") for gross proceeds of approximately $6.1 million, excluding the Wyloo Top-Up Shares (as defined below).
  • Accordingly, the Company issued an aggregate of 34,403,748 Common Shares at the Issue Price for gross proceeds of approximately $9.7 million pursuant to the Private Placement and the Wyloo Top-Up.
  • The Common Shares issued pursuant to the Private Placement were distributed in offshore jurisdictions pursuant to Ontario Securities Commission Rule 72-503 Distributions Outside Canada and, as such, will not be subject to a statutory hold period in accordance with applicable securities laws.
  • TD Securities Inc. acted as agent and financial advisor to Noront in connection with the Private Placement and received a cash commission equal to 3% of the gross proceeds raised from the Private Placement.

Canada Iron Announces Closing of Private Placement

Thursday, June 10, 2021 - 5:43pm

Toronto, Ontario--(Newsfile Corp. - June 10, 2021) - Canada Iron Inc. (the "Company" or "Canada Iron") is pleased to announce that it closed a non-brokered private placement (the "Private Placement") for gross proceeds of $50,000.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - June 10, 2021) - Canada Iron Inc. (the "Company" or "Canada Iron") is pleased to announce that it closed a non-brokered private placement (the "Private Placement") for gross proceeds of $50,000.
  • All securities issued pursuant to the Private Placement are subject to a statutory hold period of four months and one day.
  • The Private Placement constitutes a "related party transaction" under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101").
  • The Company did not file a material change report related to the Private Placement more than 21 days before the expected closing of the Private Placement as required by MI 61-101 as the Company requires the consideration it will receive in connection with the Private Placement immediately for working capital purposes.

Aterian Announces Pricing of $40 Million Private Placement

Thursday, June 10, 2021 - 2:00pm

NEW YORK, June 10, 2021 (GLOBE NEWSWIRE) -- Aterian, Inc. (Nasdaq: ATER) (Aterian or the Company) announced today that it has entered into a securities purchase agreement with several institutional investors for a private placement of the Companys common stock (the Private Placement).

Key Points: 
  • NEW YORK, June 10, 2021 (GLOBE NEWSWIRE) -- Aterian, Inc. (Nasdaq: ATER) (Aterian or the Company) announced today that it has entered into a securities purchase agreement with several institutional investors for a private placement of the Companys common stock (the Private Placement).
  • The Private Placement is expected to result in gross proceeds to the Company of approximately $40 million before deducting placement agent fees and other transaction-related expenses payable by the Company.
  • The Private Placement is expected to close on or about June 15, 2021, subject to the satisfaction of customary closing conditions.
  • A.G.P./Alliance Global Partners is acting as the sole placement agent for the Private Placement.

Berry Global Group, Inc. Announces Pricing of Private Placement Notes Offering

Tuesday, June 8, 2021 - 11:39pm

Berry Global Group, Inc. (NYSE: BERY) (Berry) announced today the pricing of a private placement launched June 8, 2021, by its wholly owned subsidiary, Berry Global, Inc. (the Issuer).

Key Points: 
  • Berry Global Group, Inc. (NYSE: BERY) (Berry) announced today the pricing of a private placement launched June 8, 2021, by its wholly owned subsidiary, Berry Global, Inc. (the Issuer).
  • The Issuer will issue $400,000,000 of first priority senior secured notes due 2027 (the Notes).
  • The closing of the private placement offering is expected to occur on or about June 14, 2021.
  • Any offers of the Notes will be made only by means of a private offering memorandum.

Decade Announces Closing of Tranche 1 of Non-Brokered Private Placement of Flow-Through and Non-Flow-Through Units

Tuesday, June 8, 2021 - 9:30pm

Stewart, British Columbia--(Newsfile Corp. - June 8, 2021) - - Decade Resources Ltd. (TSXV: DEC) ("Decade" or the Company) has closed the first tranche of a non-brokered private placement of flow-through and non-flow-through units to raise aggregate gross proceeds of up to $434,550.

Key Points: 
  • Stewart, British Columbia--(Newsfile Corp. - June 8, 2021) - - Decade Resources Ltd. (TSXV: DEC) ("Decade" or the Company) has closed the first tranche of a non-brokered private placement of flow-through and non-flow-through units to raise aggregate gross proceeds of up to $434,550.
  • Each flow-through unit consists of one flow-through common share of the company and one transferable non-flow-through common share purchase warrant.
  • Each non flow-through unit consists of one common share of the company and one transferable common share purchase warrant.
  • In consideration for introducing certain subscribers to the private placement, the company paid a cash finder's fee totaling $8,430 to certain finders.

BriaCell Therapeutics Corp. Announces Closing of US$27.2 Million Private Placement

Tuesday, June 8, 2021 - 12:50am

The Company expects to use the net proceeds of the private placement to further advance its research and development pipeline and for general corporate purposes.

Key Points: 
  • The Company expects to use the net proceeds of the private placement to further advance its research and development pipeline and for general corporate purposes.
  • ThinkEquity, a division of Fordham Financial Management, Inc. (the Placement Agent), acted as sole placement agent for the private placement offering.
  • BriaCell has agreed to file a registration statement with the SEC covering the resale of the shares of common stock and shares underlying the warrants issued in the private placement.
  • Forward-looking statements contained in this announcement are made as of this date, and BriaCell Therapeutics Corp. undertakes no duty to update such information except as required under applicable law.

Histogen Announces $6.5 Million Registered Direct Offering Priced At-the-Market under Nasdaq Rules

Monday, June 7, 2021 - 9:05pm

Histogen also agreed to issue to the investors, in a concurrent private placement, unregistered warrants to purchase up to an aggregate of4,781,840 shares of its common stock.

Key Points: 
  • Histogen also agreed to issue to the investors, in a concurrent private placement, unregistered warrants to purchase up to an aggregate of4,781,840 shares of its common stock.
  • The closing of the offering is expected to occur on or about June 9, 2021, subject to the satisfaction of customary closing conditions.
  • H.C. Wainwright& Co. is acting as the exclusive placement agent for the offering.
  • The gross proceeds from this offering are expected to be approximately $6.5 million, before deducting placement agents fees and other offering expenses.

P2 Gold Announces Closing of Flow-Through Private Placement

Friday, June 4, 2021 - 9:00pm

VANCOUVER, British Columbia, June 04, 2021 (GLOBE NEWSWIRE) -- P2 Gold Inc. (P2 or the Company) (TSX-V:PGLD) reports it has closed the non-brokered flow-through private placement (the Private Placement) (see P2s news release dated May 19, 2021) for gross proceeds of approximately $1.75 million.

Key Points: 
  • VANCOUVER, British Columbia, June 04, 2021 (GLOBE NEWSWIRE) -- P2 Gold Inc. (P2 or the Company) (TSX-V:PGLD) reports it has closed the non-brokered flow-through private placement (the Private Placement) (see P2s news release dated May 19, 2021) for gross proceeds of approximately $1.75 million.
  • In closing the Private Placement, the Company issued 2,917,170 flow-through units (the Units) of the Company at a price of $0.60 per Unit for gross proceeds of $1,750,302.
  • All securities issued pursuant to the Private Placement are subject to a four-month hold period.
  • P2 is a mineral exploration and development company focused on advancing precious metals discoveries and acquisitions in the western United States and British Columbia.