Private placement

Goat Industries Announces Financing and Debt Settlement

Retrieved on: 
Thursday, November 9, 2023

VANCOUVER, British Columbia, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Goat Industries Ltd. (the “Company or “GOAT”) (CSE: GOAT) is pleased to announce a non-brokered private placement consisting of up to 11,615,384 units of the Company, (each, a “Unit”), at a price of $0.065 per Unit to raise up to $755,000.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Goat Industries Ltd. (the “Company or “GOAT”) (CSE: GOAT) is pleased to announce a non-brokered private placement consisting of up to 11,615,384 units of the Company, (each, a “Unit”), at a price of $0.065 per Unit to raise up to $755,000.
  • The Company also advises that its board of directors has approved the settlement of $148,403 in debt (the “Debt Settlement”) through the issuance of 2,283,120 Units of the Company to creditors for outstanding promissory notes.
  • No related parties will be participating in the Private Placement or Debt Settlement.
  • The Private Placement and Debt Settlement are expected to close concurrently on or about November 16, 2023, subject to customary closing conditions, including, but not limited to, the receipt of all necessary approvals.

Aura Minerals Announces Strategic Investment and Filing of Early Warning Report Regarding Altamira Gold Corp.

Retrieved on: 
Tuesday, November 7, 2023

Each Unit consists of one common share (each, a “Share”) and one common share purchase warrant (each, a “Warrant”) of the Issuer.

Key Points: 
  • Each Unit consists of one common share (each, a “Share”) and one common share purchase warrant (each, a “Warrant”) of the Issuer.
  • Prior to entering into the Subscription Agreement, Aura did not own, directly or indirectly, any securities of the Issuer.
  • Aura is acquiring the Units for investment purposes given the exploration potential of Altamira.
  • A copy of the Early Warning Report will be filed with the Issuer’s documents on the SEDAR+ website at www.sedarplus.com .

Barrick Announces Investment in Hercules Silver

Retrieved on: 
Monday, November 6, 2023

Barrick currently owns 5,291,500 common shares of Hercules, representing approximately 2.73% of Hercules’ issued and outstanding common shares on a non-diluted basis.

Key Points: 
  • Barrick currently owns 5,291,500 common shares of Hercules, representing approximately 2.73% of Hercules’ issued and outstanding common shares on a non-diluted basis.
  • Following the Private Placement, Barrick will hold 26,556,870 common shares of Hercules and 6,804,918 warrants, representing approximately 12.33% of Hercules’ issued and outstanding common shares on a non-diluted basis, and 15.02% on a partially-diluted basis.
  • In connection with the Private Placement, Barrick and Hercules will enter into an investor rights agreement (“Investor Rights Agreement”).
  • Pursuant to the Investor Rights Agreement, provided that Barrick maintains an ownership interest in Hercules of at least 5%, Barrick will be entitled to anti-dilution and information rights, as well as a right of first refusal in respect of the sale by Hercules of any interest in its 100% owned Hercules Silver Project, located in Washington County, Idaho.

Brixton Metals Private Placement Over-Subscribed

Retrieved on: 
Monday, November 6, 2023

VANCOUVER, British Columbia, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce that, due to overwhelming interest, the Company's non-brokered private placement previously announced on October 30, 2023 (the "Offering") has been over-subscribed.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce that, due to overwhelming interest, the Company's non-brokered private placement previously announced on October 30, 2023 (the "Offering") has been over-subscribed.
  • The Purchasers will have the benefit of the offering document and the rights provided under the Listed Issuer Financing Exemption.
  • All statements other than statements of historical fact included herein are forward-looking statements, including, without limitation, statements regarding potential quantity and/or grade of minerals, potential size and expansion of a mineralized zone, proposed timing of exploration and development plans, proposed timing for completion of the Private Placement, the expected number of Common Shares to be issued and gross proceeds of the Private Placement, and the use of proceeds of the Private Placement.
  • Brixton does not undertake to update any forward-looking information except in accordance with applicable securities laws.

Wallbridge Closes Previously Announced Private Placement of Common Shares

Retrieved on: 
Thursday, November 2, 2023

TORONTO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF) (“Wallbridge” or the “Company”) is pleased to announce that it has completed the previously announced non-brokered private placement with Agnico Eagle Mines Limited (“Agnico”) of 7,926,277 common shares in the capital of the Company at a price of $0.11 per common share (the “Private Placement”).

Key Points: 
  • TORONTO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF) (“Wallbridge” or the “Company”) is pleased to announce that it has completed the previously announced non-brokered private placement with Agnico Eagle Mines Limited (“Agnico”) of 7,926,277 common shares in the capital of the Company at a price of $0.11 per common share (the “Private Placement”).
  • The Private Placement was undertaken pursuant to certain participation rights set out in a pre-existing participation agreement between the Company and a predecessor of Agnico.
  • The Company will announce details of its exploration plans in 2024 once board approval has been obtained.
  • All common shares issued pursuant to the Private Placement are subject to a four month and one day statutory hold period.

Alta Copper Announces Closing of Non-Brokered Private Placement

Retrieved on: 
Wednesday, November 1, 2023

VANCOUVER, British Columbia, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Alta Copper Corp. (TSX: ATCU; OTCQX: ATCUF; BVL: ATCU) (“Alta Copper” or the “Company”) has closed the previously announced non-brokered private placement (the “Private Placement”).

Key Points: 
  • VANCOUVER, British Columbia, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Alta Copper Corp. (TSX: ATCU; OTCQX: ATCUF; BVL: ATCU) (“Alta Copper” or the “Company”) has closed the previously announced non-brokered private placement (the “Private Placement”).
  • A total of 2,068,290 common shares (the “Common Shares”) were issued at a price of Cdn.
  • No warrants were included in the Private Placement.
  • The Private Placement remains subject to the final approval of the Toronto Stock Exchange.

Brixton Metals Announces Private Placement of up to $10 Million

Retrieved on: 
Monday, October 30, 2023

VANCOUVER, British Columbia, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce a non-brokered private placement offering (the “Offering”) from the sale of a combination of the following for gross proceeds of up to $10,000,000:

Key Points: 
  • The proceeds raised from the sale of the Units will be used by the Company for general corporate purposes.
  • The anticipated closing of the private placement is November 15, 2023.
  • Brixton does not undertake to update any forward-looking information except in accordance with applicable securities laws.
  • Persons unless registered under the U.S. Securities Act and applicable state securities laws, unless an exemption from such registration is available.

EARLY WARNING REPORT - ACQUISITION OF AURORA SPINE CORPORATION SHARES

Retrieved on: 
Friday, October 27, 2023

Toronto, Ontario, Oct. 27, 2023 (GLOBE NEWSWIRE) -- David Rosenkrantz ("Acquiror") announces that he has filed an early warning report under National Instrument 62-103 in connection with the acquisition of 2,250,000 voting common shares ("Shares") and 2,250,000 Share purchase warrants ("Warrants") of Aurora Spine Corporation (the "Company") for total consideration of CAD$675,000.

Key Points: 
  • Toronto, Ontario, Oct. 27, 2023 (GLOBE NEWSWIRE) -- David Rosenkrantz ("Acquiror") announces that he has filed an early warning report under National Instrument 62-103 in connection with the acquisition of 2,250,000 voting common shares ("Shares") and 2,250,000 Share purchase warrants ("Warrants") of Aurora Spine Corporation (the "Company") for total consideration of CAD$675,000.
  • On October 19, 2023, the Acquiror acquired Shares and Warrants of the Company pursuant to a private placement (the "Private Placement"), which in the aggregate, resulted in the cumulative acquisition of more than 2% of the outstanding Shares of the Company, thereby triggering the requirement to file an early warning report.
  • The 9,625,000 Shares represented approximately 13.56% of the total number of issued and outstanding Shares prior to the Private Placement.
  • A copy of the early warning report filed by the Acquiror will be available on Aurora Spine Corporation's SEDAR+ profile at www.sedarplus.ca .

Pond Technologies Announces Settlement of Crystal Wealth Loan and Upsize of Private Placement to $8 Million Secured Convertible Debentures

Retrieved on: 
Monday, November 6, 2023

The loan was settled on favourable terms by payment of $1.2 million, funded by a short-term advance provided to Pond from Colmac Holdings Limited (an entity controlled by Pond's Chairman, Mr. Robert McLeese).

Key Points: 
  • The loan was settled on favourable terms by payment of $1.2 million, funded by a short-term advance provided to Pond from Colmac Holdings Limited (an entity controlled by Pond's Chairman, Mr. Robert McLeese).
  • Such advance is intended to be repaid from the proceeds of Pond's previously announced private placement (the "Private Placement") of convertible debentures (the "Convertible Debentures").
  • The Convertible Debentures will now be secured obligations, secured against all of Pond Technologies Inc.'s present and after-acquired personal property, including all technology, patents, copyrights, inventions and other intellectual property.
  • The Private Placement has received TSXV conditional approval and closing is expected to occur by no later than mid-November.

Pond Technologies Announces Settlement of Crystal Wealth Loan and Upsize of Private Placement to $8 Million Secured Convertible Debentures

Retrieved on: 
Friday, November 3, 2023

The loan was settled on favourable terms by payment of $1.2 million, funded by a short-term advance provided to Pond from Colmac Holdings Limited (an entity controlled by Pond's Chairman, Mr. Robert McLeese).

Key Points: 
  • The loan was settled on favourable terms by payment of $1.2 million, funded by a short-term advance provided to Pond from Colmac Holdings Limited (an entity controlled by Pond's Chairman, Mr. Robert McLeese).
  • Such advance is intended to be repaid from the proceeds of Pond's previously announced private placement (the "Private Placement") of convertible debentures (the "Convertible Debentures").
  • The Convertible Debentures will now be secured obligations, secured against all of Pond Technologies Inc.'s present and after-acquired personal property, including all technology, patents, copyrights, inventions and other intellectual property.
  • The Private Placement has received TSXV conditional approval and closing is expected to occur by no later than mid-November.