Private placement

Early Warning Press Release - Thomas Pladsen Purchases Shares in Carrie Arran Resources Inc.

Retrieved on: 
Wednesday, December 6, 2023
Acquisition, Investment, Private placement, Securities commission, Exercise, Security (finance)

This press release is issued pursuant to National Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.

Key Points: 
  • This acquisition increased the Acquiror's ownership and/or control of and direction over, issued and outstanding Shares to approximately 19.38%.
  • Immediately before the Private Placement, the Acquiror owned 2,282,801 Shares representing approximately 18.88% of the then issued and outstanding Shares.
  • Upon closing of the Private Placement, the Acquiror owns 4,282,801 Shares representing approximately 19.38% of the issued and outstanding Shares.
  • To view the source version of this press release, please visit https://www.newsfilecorp.com/release/190158

Early Warning Press Release - John McBride Purchases Shares in Carrie Arran Resources Inc.

Retrieved on: 
Wednesday, December 6, 2023
Acquisition, Investment, Private placement, Securities commission, Exercise, Security (finance)

This press release is issued pursuant to National Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.

Key Points: 
  • This acquisition increased the Acquiror's ownership and/or control of and direction over, issued and outstanding Shares to approximately 19.49%.
  • Immediately before the Private Placement, the Acquiror owned 2,306,625 Shares representing approximately 19.07% of the then issued and outstanding Shares.
  • Upon closing of the Private Placement, the Acquiror owns 4,306,625 Shares representing approximately 19.49% of the issued and outstanding Shares.
  • To view the source version of this press release, please visit https://www.newsfilecorp.com/release/190156

Perseverance Metals Completes C$2.8M First Tranche of Private Placement, including a 9.9% Strategic Investment from a Major Canadian Mining Company

Retrieved on: 
Tuesday, November 28, 2023
Private, Culture, Teck Resources, Income Tax Act, Private placement, FTQ, Investment, TSX, The Act, Security (finance)

Vancouver, British Columbia--(Newsfile Corp. - November 28, 2023) - Perseverance Metals Inc. ("Perseverance" or the "Company") is pleased to announce that it has closed the first tranche (the "First Tranche") of its non-brokered private placement (the "Private Placement") for aggregate gross proceeds of C$2,848,066.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - November 28, 2023) - Perseverance Metals Inc. ("Perseverance" or the "Company") is pleased to announce that it has closed the first tranche (the "First Tranche") of its non-brokered private placement (the "Private Placement") for aggregate gross proceeds of C$2,848,066.
  • The First Tranche included a 9.9% strategic investment from Teck Resources Limited (TSX: TECK.A) (TSX: TECK.B) (NYSE: TECK) ("Teck"), one of Canada's leading mining companies, and significant investments from two prominent resource-focused funds in Québec: SIDEX, LP ("SIDEX") and Fonds de solidarité FTQ ("Fonds FTQ").
  • Michael J. Tucker, President and CEO of Perseverance commented, "We are very pleased to welcome Teck, one of the world's leading diversified mining companies, as a significant strategic investor.
  • In connection with their participation in the Private Placement, Perseverance has granted each of Teck, SIDEX and Fonds FTQ equity participation rights allowing each party to participate on a pro rata basis in any future equity financings of the Company.

Vortex Energy Corp. Announces Private Placement

Retrieved on: 
Friday, December 29, 2023
National instrument, Private, Sale, Private placement, Part, Unit, OTC, VRTX, Security (finance)

VANCOUVER, British Columbia, Dec. 28, 2023 (GLOBE NEWSWIRE) -- Vortex Energy Corp. (CSE: VRTX) (OTC: VTECF) (FSE: AA3) (“Vortex” or the “Company”) announces that it intends to complete a non-brokered private placement financing (the “Private Placement”) of up to 3,750,000 units of the Company (“Units”) at a price of $0.40 per Unit for aggregate gross proceeds of up to $1,500,000.

Key Points: 
  • VANCOUVER, British Columbia, Dec. 28, 2023 (GLOBE NEWSWIRE) -- Vortex Energy Corp. (CSE: VRTX) (OTC: VTECF) (FSE: AA3) (“Vortex” or the “Company”) announces that it intends to complete a non-brokered private placement financing (the “Private Placement”) of up to 3,750,000 units of the Company (“Units”) at a price of $0.40 per Unit for aggregate gross proceeds of up to $1,500,000.
  • Closing of the Private Placement is anticipated to occur on or about January 12, 2024.
  • Because the Private Placement is to be completed pursuant to the LIFE Exemption, the securities issued to Canadian resident subscribers in the Private Placement will not be subject to resale restrictions in accordance with applicable Canadian securities laws.
  • This offering document contains additional detail regarding the Private Placement, including additional detail regarding the expected use of proceeds from the Private Placement.

Stallion Uranium Closes Non-Brokered Private Placement Financing

Retrieved on: 
Friday, December 22, 2023
Placement, Private, TSX Venture Exchange, The Company, Income Tax Act, STUD, Private placement, Uranium, Coffer, Security (finance)

VANCOUVER, British Columbia, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the "Company" or "Stallion") (TSX-V: STUD; OTCQB: STLNF; FSE: HM40) is pleased to announce that it has closed a non-brokered private placement offering for total gross proceeds of $300,000 (the “Private Placement”).

Key Points: 
  • VANCOUVER, British Columbia, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the "Company" or "Stallion") (TSX-V: STUD; OTCQB: STLNF; FSE: HM40) is pleased to announce that it has closed a non-brokered private placement offering for total gross proceeds of $300,000 (the “Private Placement”).
  • The Company intends to use the proceeds from the Private Placement towards exploration expenditures on its Coffer and Atha Energy JV Projects.
  • All securities issued pursuant to the Private Placement will be subject to a hold period expiring April 23, 2024.
  • The Private Placement remains subject to final approval of the TSX Venture Exchange.

Puma Exploration Closes $290,000 Charity Flow-Through Private Placement

Retrieved on: 
Friday, December 22, 2023
Private, TSX Venture Exchange, Income Tax Act, Acceleration, PUMA, Private placement, CFT, OTCQB, TSX, Indian stock exchange, Security (finance)

RIMOUSKI, Quebec, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Puma Exploration Inc. (TSX-V: PUMA, OTCQB: PUMXF) (the “Company” or “Puma”) announces that it has closed a non-brokered placement (the “CFT Private Placement”) consisting of 2,000,000 Charity flow-through units (the “CFT Units”) at $0.145 per CFT Unit for gross proceeds of C$290,000.

Key Points: 
  • RIMOUSKI, Quebec, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Puma Exploration Inc. (TSX-V: PUMA, OTCQB: PUMXF) (the “Company” or “Puma”) announces that it has closed a non-brokered placement (the “CFT Private Placement”) consisting of 2,000,000 Charity flow-through units (the “CFT Units”) at $0.145 per CFT Unit for gross proceeds of C$290,000.
  • Each CFT Unit is comprised of one Charity flow-through share and one common share purchase warrant.
  • In connection with the closing of the Private Placement offerings, the Company paid NO cash finder's fees NOR finder warrants.
  • All securities issued in connection with the private placement are subject to a four-month-and-one-day hold period expiring on April 23, 2024.

Stronghold Enters Into $15 Million Private Placement

Retrieved on: 
Friday, December 22, 2023
SDIG, Private, Private placement, Electricity, Common stock, PJM, Growth

The non-brokered Private Placement was executed on December 21, 2023, and is expected to close on December 22, 2023.

Key Points: 
  • The non-brokered Private Placement was executed on December 21, 2023, and is expected to close on December 22, 2023.
  • Gross proceeds from the Private Placement will be $15.4 million, before deducting offering expenses.
  • As a result, the Company operated the plant at a lower output while the plant worked to remedy the issue.
  • In total, the Company estimates that it incurred fuel costs and operations and maintenance expenses of approximately $1.5 million beyond the scope of normal and expected operations.

Evaxion Biotech Announces Closing of Private Placement

Retrieved on: 
Thursday, December 21, 2023
MSD, Private, ADS, Regulation D, Sale, Private placement, DKK, Merck & Co., Register, Warrant, Merck, The Act, Common stock, Security (finance), American depositary receipt, Exercise, GHI

Further, the Private Placement included significant participation by all members of the Company’s management and the Company’s board of directors.

Key Points: 
  • Further, the Private Placement included significant participation by all members of the Company’s management and the Company’s board of directors.
  • “I’m thrilled by the successful completion of this Private Placement.
  • The Private Placement was subject to the satisfaction of customary closing conditions and closed on December 21, 2023.
  • Following the closing of the Private Placement, the outstanding number of the Company’s Ordinary Shares is 37,897,780.

Nine Mile Metals Closes 1st Tranche of $1,500,000 Private Placement

Retrieved on: 
Tuesday, December 19, 2023
OTCQB, Private placement, KQ9, VMS, Security (finance)

VANCOUVER, British Columbia, Dec. 19, 2023 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”) announces completion of the first tranche of a private placement of up to $1,500,000 (the “Offering”).

Key Points: 
  • VANCOUVER, British Columbia, Dec. 19, 2023 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”) announces completion of the first tranche of a private placement of up to $1,500,000 (the “Offering”).
  • The Company issued 5,625,000 flow-through units (each, a “Unit”) at a price of $0.20 per Unit, for proceeds of $1,125,000.
  • The proceeds raised through the offering will be used to carry out drilling and exploration work programs on its four VMS properties in New Brunswick, Canada.
  • All securities issued in the Offering are subject to a four-month hold period.

Evaxion Biotech Announces Private Placement Financing

Retrieved on: 
Tuesday, December 19, 2023
MSD, Private, ADS, Regulation D, Sale, Private placement, DKK, Merck & Co., Warrant, Merck, The Act, Common stock, Security (finance), American depositary receipt, GHI

MSD Global Health Innovation Fund (MSD GHI), a corporate venture capital arm of Merck & Co., Inc., Rahway, NJ, USA, is contributing with some 25% of the total offering amount

Key Points: 
  • MSD Global Health Innovation Fund (MSD GHI), a corporate venture capital arm of Merck & Co., Inc., Rahway, NJ, USA, is contributing with some 25% of the total offering amount
    COPENHAGEN, Denmark, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Evaxion Biotech A/S (NASDAQ: EVAX) (“Evaxion” or the “Company”), a clinical-stage TechBio company specializing in developing AI-Immunology™ powered vaccines, is pleased to announce a private placement (the “Private Placement”) financing to raise gross proceeds of approximately $5.3 million.
  • Further, the Private Placement includes significant participation by all members of the Company’s management and the Company’s board of directors.
  • Christian Kanstrup, CEO of Evaxion Biotech, says, “This Private Placement is an important step in our long-term financing strategy, and I am very pleased to see the mix of existing as well as new shareholders joining us.
  • The Private Placement is expected to close on or about December 21, 2023, subject to the satisfaction of customary closing conditions.