Private placement

ThreeD Capital Inc. Announces Private Placement with Sariel Diagnostics Corp.

Retrieved on: 
Tuesday, March 5, 2024

TORONTO, March 05, 2024 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQB:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce a proposed private placement (the “Private Placement”) with Sariel Diagnostics Corp. (“Sariel”), a privately held corporation existing under the laws of the Province of British Columbia.

Key Points: 
  • TORONTO, March 05, 2024 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQB:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce a proposed private placement (the “Private Placement”) with Sariel Diagnostics Corp. (“Sariel”), a privately held corporation existing under the laws of the Province of British Columbia.
  • Per the terms of the Private Placement, ThreeD will acquire 3,750,000 common shares of Sariel at a price of $0.02 per share.
  • In consideration, ThreeD will issue an aggregate of 150,000 common shares of the Company at a deemed price of $0.50 per common share.
  • The Private Placement remains subject to the approval of the Canadian Securities Exchange.

Applied Therapeutics Announces $100 Million Private Placement

Retrieved on: 
Wednesday, February 28, 2024

NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Applied Therapeutics, Inc. (Nasdaq: APLT), a clinical-stage biopharmaceutical company developing a pipeline of novel drug candidates against validated molecular targets in indications of high unmet medical need, today announced that it has entered into a securities purchase agreement for a private placement of $100 million of equity.

Key Points: 
  • The Private Placement is expected to result in gross proceeds to the Company of approximately $100 million, before deducting placement agent commissions and other offering expenses.
  • The Private Placement is expected to close on or about March 1, 2024, subject to the satisfaction of customary closing conditions.
  • Additional details regarding the Private Placement will be included in a Form 8-K to be filed by the Company with the Securities and Exchange Commission (“SEC”).
  • Leerink Partners, RBC Capital Markets, Baird, and UBS Investment Bank acted as placement agents in the transaction (the “Placement Agents”).

Silver Bull Provides Update on Its Arbitration Claim Against Mexico

Retrieved on: 
Tuesday, February 27, 2024

VANCOUVER, British Columbia, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Silver Bull Resources, Inc. (“Silver Bull” or the “Company”) provides an update on progress with its international arbitration claim against the United Mexican States (“Mexico”).

Key Points: 
  • VANCOUVER, British Columbia, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Silver Bull Resources, Inc. (“Silver Bull” or the “Company”) provides an update on progress with its international arbitration claim against the United Mexican States (“Mexico”).
  • The evaluation is underway and will serve as the foundation for determining the value of Silver Bull’s claim against Mexico.
  • Silver Bull anticipates filing its Memorial in May 2024, with the Arbitration hearing slated for October 2025.
  • Any forward-looking statements in this document are intended to provide Silver Bull security holders and potential investors with information regarding Silver Bull, including management's assessment of Silver Bull’s future plans and financial outlook.

OROCO COMPLETES FINAL CLOSING OF NON-BROKERED PRIVATE PLACEMENTS

Retrieved on: 
Tuesday, February 20, 2024

Vancouver, Canada, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) (“Oroco” or “the Company”) is pleased to announce the closing of a non-brokered private placement (the “Private Placement”) raising net proceeds of $1,028,000 through the sale of 2,570,000 units at a price of $0.40 per unit.

Key Points: 
  • Vancouver, Canada, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) (“Oroco” or “the Company”) is pleased to announce the closing of a non-brokered private placement (the “Private Placement”) raising net proceeds of $1,028,000 through the sale of 2,570,000 units at a price of $0.40 per unit.
  • Each share purchase warrant entitles the holder to purchase one share at the price of $0.65 per share for a period of 18 months from closing.
  • Commenting on the Private Placement, Richard Lock, CEO, stated: “In completing our recent series of private placements, we are very pleased to have exceeded our overall funding goal of five million dollars, despite the highly adverse market conditions.
  • The Private Placement was carried out under prospectus exemptions of applicable securities laws and is subject to final acceptance by the TSX Venture Exchange.

ZK International Group Co., Ltd. and The CF Opportunity Fund Complete the Second Tranche of the $5 Million Financing Priced at $1.58 per Share

Retrieved on: 
Tuesday, February 20, 2024

On November 27, 2023, ZK International sealed a securities purchase agreement (the "Agreement") with CF Opportunity Fund Ltd.

Key Points: 
  • On November 27, 2023, ZK International sealed a securities purchase agreement (the "Agreement") with CF Opportunity Fund Ltd.
  • Under this Agreement, the Investor committed to purchasing and the Company agreed to issue and sell US$5 million of ordinary shares of the Company (the "Private Placement").
  • Mr. Jiancong Huang, Chairman and CEO of ZK International Group, commented on the milestone: "We are pleased to announce the receipt of the second subscription in our $5 million private placement.
  • Through cutting-edge R&D, strategic expansion, and a relentless pursuit of excellence, we are positioning ZK International for future growth and success."

Carbeeza Inc. Announces Private Placement Extension

Retrieved on: 
Friday, February 16, 2024

The TSX Venture Exchange (the "Exchange") has approved an extension to close the non-brokered private placement (the "Private Placement"), announced on November 30 and December 1, 2023, of up to 20,000,000 units of the Company ("Units") at a price of $0.10 per Unit for gross proceeds of up to $2,000,000 (the "Offering").

Key Points: 
  • The TSX Venture Exchange (the "Exchange") has approved an extension to close the non-brokered private placement (the "Private Placement"), announced on November 30 and December 1, 2023, of up to 20,000,000 units of the Company ("Units") at a price of $0.10 per Unit for gross proceeds of up to $2,000,000 (the "Offering").
  • The Private Placement is expected to close on or around March 14, 2024 or such earlier date as may be determined by the directors of the Company.
  • The closing of the Private Placement is subject to regulatory approval including but not limited to, the approval of the Exchange.
  • Using state-of-the-art technology, Carbeeza brings the process of buying a car right to the phone, tailor-made for the consumer.

German ClimateTech Company econnext AG Launches Private Placement to Accredited Investors in United States on the Invest.Green platform

Retrieved on: 
Wednesday, February 14, 2024

FRANKFURT, Germany, Feb. 14, 2024 /PRNewswire/ -- econnext AG , the German parent of a group of operating climate tech companies, today announced a private placement to accredited investors in the United States.

Key Points: 
  • FRANKFURT, Germany, Feb. 14, 2024 /PRNewswire/ -- econnext AG , the German parent of a group of operating climate tech companies, today announced a private placement to accredited investors in the United States.
  • Invest.Green will be the platform for this private placement.
  • "We are excited to bring the econnext opportunity to accredited investors in the US and we are pleased to be marketing our offering via the Invest.Green platform.
  • The securities of econnext AG are exclusively offered to prospective investors in the United States that are accredited investors as defined in Regulation D under the Securities Act.

Nine Mile Metals Amends Private Placement Financing

Retrieved on: 
Wednesday, February 14, 2024

VANCOUVER, British Columbia, Feb. 14, 2024 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”) discloses that it will amend the proposed private placement that it announced in the Company’s news release on February 8, 2024 ( view here ), (the “Private Placement”).

Key Points: 
  • VANCOUVER, British Columbia, Feb. 14, 2024 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”) discloses that it will amend the proposed private placement that it announced in the Company’s news release on February 8, 2024 ( view here ), (the “Private Placement”).
  • The Private Placement will now consist of the sale of up to 4,166,666 units (each a “Unit”) at a price of $0.06 per Unit.
  • As previously announced, in consideration for their services in introducing subscribers to the Company under the Private Placement, finders may receive commission of 8% cash and 8% common share purchase warrants, exercisable to purchase one common share at a price of $0.10 for a period of 24 months.
  • All securities issued in the private placement will be subject to a four month and a day hold period.

Foremost Lithium Announces Flow-Through and Non-Flow-Through Private Placements

Retrieved on: 
Wednesday, February 14, 2024

VANCOUVER, British Columbia, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a North American hard-rock lithium exploration company, is pleased to announce each of a proposed and “best efforts” non-brokered private placement to raise gross proceeds of up to $3,750,000 on a flow-through basis (the “Flow-Through Private Placement”) together with up to $1,500,000 on a non-flow-through basis (the “Private Placement”; and, collectively, with the Flow-Through Private Placement, the “Private Placements”).

Key Points: 
  • VANCOUVER, British Columbia, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a North American hard-rock lithium exploration company, is pleased to announce each of a proposed and “best efforts” non-brokered private placement to raise gross proceeds of up to $3,750,000 on a flow-through basis (the “Flow-Through Private Placement”) together with up to $1,500,000 on a non-flow-through basis (the “Private Placement”; and, collectively, with the Flow-Through Private Placement, the “Private Placements”).
  • The Private Placement will be comprised of units (each, a “PP Unit”) of the Company, at a proposed subscription price of $3.40 per PP Unit.
  • The proceeds from the pending Private Placement are expected to be utilized for general corporate and working capital purposes for the Company during the next 12 months.
  • The proceeds from the Private Placement will be used for working capital and general corporate purposes.

Foremost Lithium Announces Flow-Through and Non-Flow-Through Private Placements

Retrieved on: 
Wednesday, February 14, 2024

VANCOUVER, British Columbia, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a North American hard-rock lithium exploration company, is pleased to announce each of a proposed and “best efforts” non-brokered private placement to raise gross proceeds of up to $3,750,000 on a flow-through basis (the “Flow-Through Private Placement”) together with up to $1,500,000 on a non-flow-through basis (the “Private Placement”; and, collectively, with the Flow-Through Private Placement, the “Private Placements”).

Key Points: 
  • VANCOUVER, British Columbia, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a North American hard-rock lithium exploration company, is pleased to announce each of a proposed and “best efforts” non-brokered private placement to raise gross proceeds of up to $3,750,000 on a flow-through basis (the “Flow-Through Private Placement”) together with up to $1,500,000 on a non-flow-through basis (the “Private Placement”; and, collectively, with the Flow-Through Private Placement, the “Private Placements”).
  • The Private Placement will be comprised of units (each, a “PP Unit”) of the Company, at a proposed subscription price of $3.40 per PP Unit.
  • The proceeds from the pending Private Placement are expected to be utilized for general corporate and working capital purposes for the Company during the next 12 months.
  • The proceeds from the Private Placement will be used for working capital and general corporate purposes.