Private placement

RegeneRx Biopharmaceuticals, Inc. Announces $2 Million Private Placement

Retrieved on: 
Monday, June 28, 2021

The offering is expected to close on or about June 30, 2021, subject to customary closing conditions.

Key Points: 
  • The offering is expected to close on or about June 30, 2021, subject to customary closing conditions.
  • The net proceeds to RegeneRx, after deducting placement agent fees and other offering expenses, are expected to be approximately $1.8 million.
  • Roth Capital Partners is acting as the sole placement agent in this offering.
  • The securities offered in the private placement have not been registered under the Securities Act of 1933, as amended, or applicable under state securities laws.

Etruscus Increases Private Placement to $2.7 Million

Retrieved on: 
Friday, June 25, 2021

VANCOUVER, BC, June 25, 2021 /PRNewswire/ - Etruscus Resources Corp.(CSE: ETR) (OTC: ETRUF) (FSE: ERR) (the "Company" or "Etruscus"), a Vancouver-based exploration company, is pleased to announce that due to significant market demand for its previously announced non-brokered private placement (the "PrivatePlacement"), the Company has increased the size of the Private Placement to up to $2,700,000.

Key Points: 
  • VANCOUVER, BC, June 25, 2021 /PRNewswire/ - Etruscus Resources Corp.(CSE: ETR) (OTC: ETRUF) (FSE: ERR) (the "Company" or "Etruscus"), a Vancouver-based exploration company, is pleased to announce that due to significant market demand for its previously announced non-brokered private placement (the "PrivatePlacement"), the Company has increased the size of the Private Placement to up to $2,700,000.
  • The Company announced the closing of a tranche of the Private Placement on June 9, 2021 for gross proceeds of $1,000,025.
  • All shares issued under the private placement will be subject to a hold period of four months and one day from the date of issuance.
  • The Proceeds of the flow-through private placement will be used to incur "Canadian exploration expense" (within the meaning of the Act).

Edgemont Closes Non-Brokered Private Placement for $703,500

Retrieved on: 
Wednesday, June 23, 2021

All securities issued with respect to this private placement are subject to a four month plus a day hold period expiring on October 24, 2021 in accordance with applicable securities laws.

Key Points: 
  • All securities issued with respect to this private placement are subject to a four month plus a day hold period expiring on October 24, 2021 in accordance with applicable securities laws.
  • The Company issued 160,000 finder warrants with respect to a portion of this placement, with no cash finder's fees having been paid.
  • The proceeds of this private placement will be used to fund the drill program scheduled to start in July at Edgemont's Dungate copper-gold porphyry project near Houston.
  • Common shares comprising part of the Units issued under this private placement will qualify as flow through shares under the Income Tax Act (Canada).

Golden Sky Minerals Corp Welcomes Strategic Investors Crescat Capital LLC. and Announces Non-Brokered Private Placement

Retrieved on: 
Wednesday, June 23, 2021

The Company anticipates that Crescat Capital LLC ("Crescat") will make a strategic investment in the non-flow-through portion of the Private Placement, representing a 7.6 % - ownership of the Company on a non-diluted bases and a 11.5 % ownership on a partially diluted basis after the Private Placement.

Key Points: 
  • The Company anticipates that Crescat Capital LLC ("Crescat") will make a strategic investment in the non-flow-through portion of the Private Placement, representing a 7.6 % - ownership of the Company on a non-diluted bases and a 11.5 % ownership on a partially diluted basis after the Private Placement.
  • On closing, Crescat will hold 1,430,000.00 NFT Units, representing 1,430,000 common shares and 1,430,000.00 common share purchase warrants, or 11.5% of the outstanding shares.
  • The Company intends to use the proceeds from the Private Placement for exploration of the Companys portfolio of resource properties and for general working capital.
  • Golden Sky Minerals President and CEO, John Newell, commented, We are very pleased to welcome Crescat Capital LLC.

CORRECTION FROM SOURCE: Edgemont Increases Non-Brokered Private Placement to $703,500

Retrieved on: 
Monday, June 21, 2021

This news release corrects the issuance price for the units (of the news release disseminated on June 21st, 2021).

Key Points: 
  • This news release corrects the issuance price for the units (of the news release disseminated on June 21st, 2021).
  • It should have been $0.335 not $0.0335
    Vancouver, British Columbia--(Newsfile Corp. - June 21, 2021) - Edgemont Gold Corp. (CSE: EDGM) (FSE: EG8) has increased the non-brokered private placement of 2,000,000 flow through units announced on June 3, 2021 to 2,100,000 flow through units at $0.335 per unit for gross proceeds of $703,500.
  • The proceeds of this private placement will be used to extend the drill program scheduled this summer at Edgemont's Dungate copper/gold porphyry project near Houston.
  • Common shares comprising part of the Units issued under this private placement will qualify as flow through shares under the Income Tax Act (Canada).

Plant&Co Closes its Oversubscribed and Strategic Non-Brokered Placement

Retrieved on: 
Monday, June 21, 2021

Three newly appointed board members and strategic food industry participants make strategic investment in Plant&Co

Key Points: 
  • "It is with great pleasure that we announce the closure of this strategic private placement led by the CraveIT Restaurant Group," said Shawn Moniz, CEO of Plant&Co Brands.
  • All securities issued pursuant to the Private Placement are subject to a statutory hold period of four months and one day.
  • The Private Placement was approved by the board of directors of the Company prior to Kevin Cole, Mark Rechichi and Alex Rechichi joining the board.
  • In consideration for the assistance with the Private Placement and the arrangement of strategic appointments to the Board (the "Strategic Board Appointments"), the Company agreed to issue an aggregate of 27,000,000 non-transferrable share purchase warrants ("Advisory Warrants") to the Advisors.

Innova Hydrogen Corp. Announces Closing of Its $2.1M Private Placement

Retrieved on: 
Tuesday, June 22, 2021

CALGARY, AB, June 22, 2021 /PRNewswire/ - Innova Hydrogen Corp. ("Innova" or the "Company") is pleased to announce that it has closed a non-brokered private placement (the "Private Placement") of common shares ("Common Shares") in the capital of the Company.

Key Points: 
  • CALGARY, AB, June 22, 2021 /PRNewswire/ - Innova Hydrogen Corp. ("Innova" or the "Company") is pleased to announce that it has closed a non-brokered private placement (the "Private Placement") of common shares ("Common Shares") in the capital of the Company.
  • Pursuant to the Private Placement, the Company issued 4,317,128 Common Shares at a price of C$0.50per Common Share for aggregate gross proceeds of C$2,158,564.
  • The Common Shares issued pursuant to the Private Placement are subject to a four month hold period in accordance with applicable Canadian securities laws.
  • Innova's vision is to develop zero-emission, clean energy technologies to produce carbon-free hydrogen energy and high-quality, high-demand by-products.

KemPharm Announces Exercise of Existing Warrants and Issuance of Warrants in Private Placement

Retrieved on: 
Friday, June 18, 2021

The new warrants are immediately exercisable and have substantially the same terms as the existing warrants, except that the new warrants have an exercise price of $16.50 per share and expire on December 31, 2026.

Key Points: 
  • The new warrants are immediately exercisable and have substantially the same terms as the existing warrants, except that the new warrants have an exercise price of $16.50 per share and expire on December 31, 2026.
  • The aggregate gross proceeds from the exercise of the existing warrants and the issuance of the new warrants are expected to total approximately $39.1 million, before deducting the financial advisory fees.
  • Roth Capital Partners is acting as a financial advisor in connection with the private placement.
  • The securities offered in the private placement have not been registered under the Securities Act of 1933, as amended, or applicable under state securities laws.

Aurwest Resources Announces Closing of Oversubscribed Non-Brokered Private Placement of $5,287,684

Retrieved on: 
Wednesday, June 16, 2021

Calgary, Alberta--(Newsfile Corp. - June 16, 2021) - Aurwest Resources Corporation (CSE: AWR) ("Aurwest" or the "Company")is pleased to announce that due to significant market demand for its previously announced non-brokered private placement (the "Private Placement"), the Company has closed the Private Placement and raised oversubscribed gross proceeds of $5,287,684.

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - June 16, 2021) - Aurwest Resources Corporation (CSE: AWR) ("Aurwest" or the "Company")is pleased to announce that due to significant market demand for its previously announced non-brokered private placement (the "Private Placement"), the Company has closed the Private Placement and raised oversubscribed gross proceeds of $5,287,684.
  • Each Warrant entitles the subscriber to purchase one additional Common Share of the Company at a price of $0.24 for 24 months from the closing date.
  • Each Ordinary Warrant entitles the subscriber to purchase one additional Common Share at a price of $0.20 for 24 months from the closing date.
  • Mr. Cameron MacDonald, Chairman of Aurwest commented, "The Company is very pleased with the outcome of this oversubscribed financing.

Colgate Energy Announces Pricing of $500 Million Private Placement of Senior Notes Due 2029

Retrieved on: 
Wednesday, June 16, 2021

Colgate Energy Partners III, LLC (Colgate) announced today the pricing of its private placement to eligible purchasers of new 5.875% senior unsecured notes due 2029 in the aggregate principal amount of $500 million, which was increased from the originally proposed $400 million offering (the Notes).

Key Points: 
  • Colgate Energy Partners III, LLC (Colgate) announced today the pricing of its private placement to eligible purchasers of new 5.875% senior unsecured notes due 2029 in the aggregate principal amount of $500 million, which was increased from the originally proposed $400 million offering (the Notes).
  • The offering is expected to close on June 30, 2021, subject to customary closing conditions.
  • Pro Forma for the Occidental Acquisition, Colgate owns approximately 83,000 net acres and produces approximately 55,000 Boe/d, primarily in Reeves County, Ward County, and Eddy Counties.
  • This communication includes statements regarding this private placement that may contain forward-looking statements within the meaning of federal securities laws.