Private placement

Interra Copper Corp. Closes Private Placement

Retrieved on: 
Friday, October 29, 2021
Compliance, Unit, CSE, Minority, OTCQB, Private placement, MI, Company, Private, Board, Income Tax Act, GLOBE, Sale, Section 50C of the Isle of Man Income Tax Act 1970, Multilateral, FRA, Security (finance)

VANCOUVER, British Columbia, Oct. 29, 2021 (GLOBE NEWSWIRE) -- Interra Copper Corp. (CSE: IMCX, OTCQB: IMIMF, FRA: 3MX) (Interra or the Company) is pleased to announce that is has closed a non-brokered private placement (the Private Placement) issuing an aggregate of 925,000 flow-through units (FT Units) at a price of $0.20 per FT Unit and 110,000 non-flow-through units (Non-FT Units) at a price of $0.15 per Non-FT Unit for gross proceeds of $201,500.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 29, 2021 (GLOBE NEWSWIRE) -- Interra Copper Corp. (CSE: IMCX, OTCQB: IMIMF, FRA: 3MX) (Interra or the Company) is pleased to announce that is has closed a non-brokered private placement (the Private Placement) issuing an aggregate of 925,000 flow-through units (FT Units) at a price of $0.20 per FT Unit and 110,000 non-flow-through units (Non-FT Units) at a price of $0.15 per Non-FT Unit for gross proceeds of $201,500.
  • All securities issued pursuant to the Private Placement are subject to a hold period under applicable Canadian securities laws of four months and one day from the date of closing of the Private Placement.
  • The Company did not file a material change report more than 21 days before the closing of the Private Placement as the details of the participation therein by related parties of the Company had not been determined until shortly prior to closing of the Private Placement.
  • ON BEHALF OF INTERRA COPPER CORP.

Voyager Digital Reports Revenue of $175 Million for Fiscal 2021 and Provides Business Update

Retrieved on: 
Friday, October 29, 2021
Bitcoin, Ethereum, Compliance, OTCQX, Private placement, Efficiency, Working capital, Industry, Failure, Voyager, Mission statement, Placement, Adjustment, Total, Adoption, SEDAR, Financial statement, TSX, Risk, Income, Assets under management, Forward-looking statement, Conversation, Company, Investment, Private, Webcast, CEO, Growth, Environment, Investor relations, Research, Traction, Classification, AIF, Business, Acquisition, FRA, Private placement life insurance, Cryptocurrency, Financial adviser, Animal

As we diversify our revenue streams to enhance the long-term value of each customer and expand our market opportunity internationally, we believe the best is yet to come for the Voyager platform."

Key Points: 
  • As we diversify our revenue streams to enhance the long-term value of each customer and expand our market opportunity internationally, we believe the best is yet to come for the Voyager platform."
  • The Company also wishes to provide an update on the US$75 million Private Placement of common shares with Alameda Research announced on October 28, 2021.
  • Voyager will discuss its fiscal 2021 results today, October 29, 2021, via a conference call at 8:00 a.m. Eastern Time.
  • Through its subsidiary Coinify ApS, Voyager provides crypto payment solutions for both consumers and merchants around the globe.

Forty Pillars Closes $1.5M Private Placement

Retrieved on: 
Friday, October 29, 2021
Private placement, Canadian Securities Exchange, CSE, Minority, Legislation, Silver, MI, Company, Intention, Wishbone, News, Acquisition, GLOBE, Greenwood, Origen, Security (finance)

VANCOUVER, British Columbia, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Forty Pillars Mining Corp. (CSE:PLLR) (Forty Pillars'' or the "Company") announces that further to its news release dated October 6, 2021, the Company has closed its $0.10 per unit private placement for gross proceeds of $1,500,000.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Forty Pillars Mining Corp. (CSE:PLLR) (Forty Pillars'' or the "Company") announces that further to its news release dated October 6, 2021, the Company has closed its $0.10 per unit private placement for gross proceeds of $1,500,000.
  • Certain directors of the Company participated in the private placement, as well as Origen Resources Inc. (Origen), a 10-per-cent-plus shareholder of the Company.
  • This makes the private placement a related-party transaction and subject to Multilateral Instrument 61-101 Protection of Minority Securityholders in Special Transactions.
  • Origen has advised Forty Pillars that it will be filing an early warning report in respect of the acquisition of 10,000,000 common shares and 10,000,000 warrants under the private placement.

ArcPacific Resources Closes 1st Tranche of Private Placement

Retrieved on: 
Wednesday, October 27, 2021
FT, Unit, TSX Venture Exchange, Warrant, NFT, Private placement, Nicola, Company, Private, Gold, Income Tax Act, ACP, Flow-through share, Demand, Income Tax Act 1967, Security (finance)

Vancouver, British Columbia--(Newsfile Corp. - October 27, 2021) - ArcPacific Resources Corp. (TSXV: ACP) (the "Company") is pleased to announce it has closed the first tranche of a non-brokered private placement of flow-through units (the "FT Offering") and non-flow-through units (the "NFT Offering") (together, the FT Offering and NFT Offering are the "Private Placement") for combined gross proceeds of $456,750 as set out below.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - October 27, 2021) - ArcPacific Resources Corp. (TSXV: ACP) (the "Company") is pleased to announce it has closed the first tranche of a non-brokered private placement of flow-through units (the "FT Offering") and non-flow-through units (the "NFT Offering") (together, the FT Offering and NFT Offering are the "Private Placement") for combined gross proceeds of $456,750 as set out below.
  • The Company has issued 5,823,333 non-flow-through units (the "Units") at a price of $0.075 per Unit for gross proceeds of up to $436,750.
  • All securities issued in the Private Placement are subject to a four-month and one day hold period that expires on February 26, 2022.
  • The gross proceeds of the Private Placement will be used to fund exploration expenditures on the Rickard Property and for general working capital purposes.

Rugby Mining Completes Acquisition of Proximo Resources

Retrieved on: 
Wednesday, October 27, 2021
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VANCOUVER, British Columbia, Oct. 27, 2021 (GLOBE NEWSWIRE) --  Rugby Mining Limited (“Rugby” or the “Company”) (TSX-V: RUG) reports that it has completed its previously announced acquisition of Proximo Resources Pty Ltd (“Proximo”), a private Australian company (the “Acquisition”) (see the Company’s news release dated July 26, 2021). Proximo controls silver and gold projects in Chile and Argentina, including the drill ready Salvadora silver-copper-gold project (the “Salvadora Project”).

Key Points: 
  • During 2020-2021, Proximo exploration work comprised road rehabilitation, geological mapping, geochemistry, alteration analysis and remote sensing satellite studies.
  • Rugby is performing geophysical and geochemical programs over the intermittently exposed 7km long vein zone.
  • Pursuant to the terms of the purchase agreement between Rugby, Proximo, the shareholders of Proximo ("Proximo Shareholders") and the holders of stock options of Proximo ("Proximo Optionholders" and collectively with the Proximo Shareholders, the Sellers), in consideration for the acquisition of Proximo, Rugby issued to the Sellers an aggregate of 50 million common shares and to the Proximo Optionholders (who will become eligible persons to receive options under Rugby's stock option plan post-closing), stock options to acquire, until January 13, 2026, up to 3,500,000 common shares of Rugby at a price of $0.10 per share.
  • In connection with the Private Placement, Rugby issued 33,414,312 units (the Units) at $0.12 per Unit to raise $4,009,717.

Ultimovacs ASA - Private placement of new shares successfully placed

Retrieved on: 
Tuesday, October 26, 2021
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OSLO, Norway, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Reference is made to the stock exchange announcement by Ultimovacs ASA (OSE: ULTI) ("Ultimovacs” or the "Company") on 26 October 2021 regarding the contemplated private placement of new shares (the "Offer Shares") of approximately NOK 225 to 270 million (the "Private Placement"). The Company hereby announces that it has allocated 2,160,000 new shares in the Private Placement at a subscription price of NOK 125 per share, raising gross proceeds of NOK 270 million. ABG Sundal Collier ASA, Carnegie AS and DNB Markets, a part of DNB Bank ASA are acting as joint bookrunners (the “Joint Bookrunners”) in connection with the Private Placement.

Key Points: 
  • The Company hereby announces that it has allocated 2,160,000 new shares in the Private Placement at a subscription price of NOK 125 per share, raising gross proceeds of NOK 270 million.
  • ABG Sundal Collier ASA, Carnegie AS and DNB Markets, a part of DNB Bank ASA are acting as joint bookrunners (the Joint Bookrunners) in connection with the Private Placement.
  • Following registration of the new share capital pertaining to the Private Placement, the Company will have a share capital of NOK 3,422,176.10 divided into 34,221,761 shares, each with a par value of NOK 0.10.
  • Advokatfirmaet Schjdt AS is acting as legal advisor to the Company in connection with the Private Placement and Advokatfirmaet Wiersholm AS is acting as legal advisor to the Joint Bookrunners in connection with the Private Placement.

Lithium South Announces Closing Oversubscribed Non-Brokered Private Placement

Retrieved on: 
Tuesday, October 26, 2021
Lithium, Galaxy Resources, Techno-economic assessment, POSCO, TSX Venture Exchange, Unit, Warrant, CDN, Private placement, Forward-looking statement, Company, Private, News, Security (finance)

VANCOUVER, BC, Oct. 26, 2021 /PRNewswire/ -- Lithium South Development Corporation(the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) announces that, due to high demand, it has closed its oversubscribed non-brokered private placement (the "Private Placement") issuing an aggregate of 16,150,000 units (the "Units") at a price of CDN $0.40 per Unit raising gross proceeds of CDN $6,460,000.

Key Points: 
  • VANCOUVER, BC, Oct. 26, 2021 /PRNewswire/ -- Lithium South Development Corporation(the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) announces that, due to high demand, it has closed its oversubscribed non-brokered private placement (the "Private Placement") issuing an aggregate of 16,150,000 units (the "Units") at a price of CDN $0.40 per Unit raising gross proceeds of CDN $6,460,000.
  • Each Warrant will allow the holder to purchase one Share of the Company at a price of CDN $0.60 per Share for a period of three (3) years from the date of closing of the Private Placement.
  • Proceeds of the Private Placement will be used to advance the Company's HMN Lithium Project, located in Salta Province, Argentina, and for general working capital purposes.
  • Lithium South is focused on developing the Hombre Muerto North Lithium Project (HMN Li Project), located on the Hombre Muerto Salar, a major lithium-producing salar in Argentina.

Lithium South Announces Closing Oversubscribed Non-Brokered Private Placement

Retrieved on: 
Tuesday, October 26, 2021
Lithium, Galaxy Resources, Techno-economic assessment, POSCO, TSX Venture Exchange, Unit, Warrant, CDN, Private placement, Forward-looking statement, Company, Private, News, Security (finance)

VANCOUVER, BC, Oct. 26, 2021 /PRNewswire/ -- Lithium South Development Corporation(the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) announces that, due to high demand, it has closed its oversubscribed non-brokered private placement (the "Private Placement") issuing an aggregate of 16,150,000 units (the "Units") at a price of CDN $0.40 per Unit raising gross proceeds of CDN $6,460,000.

Key Points: 
  • VANCOUVER, BC, Oct. 26, 2021 /PRNewswire/ -- Lithium South Development Corporation(the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) announces that, due to high demand, it has closed its oversubscribed non-brokered private placement (the "Private Placement") issuing an aggregate of 16,150,000 units (the "Units") at a price of CDN $0.40 per Unit raising gross proceeds of CDN $6,460,000.
  • Each Warrant will allow the holder to purchase one Share of the Company at a price of CDN $0.60 per Share for a period of three (3) years from the date of closing of the Private Placement.
  • Proceeds of the Private Placement will be used to advance the Company's HMN Lithium Project, located in Salta Province, Argentina, and for general working capital purposes.
  • Lithium South is focused on developing the Hombre Muerto North Lithium Project (HMN Li Project), located on the Hombre Muerto Salar, a major lithium-producing salar in Argentina.

Helbiz Receives $7.2 Million From the Exercise of Warrants – Purchases 2,500 E-mopeds With the Proceeds

Retrieved on: 
Monday, October 25, 2021
Other Transport, Technology, Alternative Vehicles, Fuels, Mobile, Wireless, Automotive, Transport, Other Automotive, Motorcycles, Fleet Management, Warrant, Private placement, City, Industry, Exercise, Failure, Nasdaq, Security (finance), U.S. Securities and Exchange Commission, Private Securities Litigation Reform Act, SEC, Annual report, Forward-looking statement, Company, Private, COVID-19, Multimedia, Artificial intelligence, Prospectus, Sale

The original warrants were part of a Private Placement financing with a total of 7,850,000 warrants exercisable at $11.50 per share.

Key Points: 
  • The original warrants were part of a Private Placement financing with a total of 7,850,000 warrants exercisable at $11.50 per share.
  • The current exercises have reduced the remaining warrants to be exercised to 7,216,581 warrants.
  • View the full release here: https://www.businesswire.com/news/home/20211025005449/en/
    Helbiz Receives $7.2 Million From the Exercise of Warrants Purchases 2,500 E-mopeds With the Proceeds (Graphic: Business Wire)
    The Company has used the proceeds from the exercise of the Warrants to purchase 2,500 e-mopeds: 2,000 of which will be used to support our current Italian cities and expand our European presence into other countries.
  • Our plan is to continue focusing those proceeds on aspects of our business that maximize our bottom line.

South Star Battery Metals Closes Non-Brokered Private Placement

Retrieved on: 
Monday, October 25, 2021
Warrant, Unit, Placement, National instrument, ESG, Exercise, OTCQB, Time, Private placement, Company, Private, Board, CEO, News, Acquisition, P.E, Education, STS, Security (finance), Lithium

VANCOUVER, BC, Oct. 25, 2021 /PRNewswire/ - South Star Battery Metals Corp. ("South Star"or the "Company") (TSXV: STS) (OTCQB: STSBF) is pleased to announce that it has completed a non-brokered private placement of units (the "Private Placement" or the "Offering") for a total proceeds of C$2,427,700.

Key Points: 
  • VANCOUVER, BC, Oct. 25, 2021 /PRNewswire/ - South Star Battery Metals Corp. ("South Star"or the "Company") (TSXV: STS) (OTCQB: STSBF) is pleased to announce that it has completed a non-brokered private placement of units (the "Private Placement" or the "Offering") for a total proceeds of C$2,427,700.
  • The Private Placement consists of 22,069,999 units priced at C$0.11 per unit (the "Units").
  • About South Star Battery Metals Corp.
    South Star Battery Metals Corp. is a Canadian battery-metals project developer focused on the selective acquisition and development of near-term production projects in the Americas.
  • This news release has been reviewed and approved by Richard Pearce, P.E., a "Qualified Person" under National Instrument 43-101 and President and CEO of South Star Battery Metals Corp.
    On behalf of the Board,