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.

Xanadu Mines Ltd (ASX Code: XAM) Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)

Retrieved on: 
Saturday, December 16, 2023
Placement, Mine, Disclosure, The Act, Part

Xanadu Mines advises that on 24 November 2023, it issued 62,996,490 fully paid ordinary shares at a price of

Key Points: 
  • Xanadu Mines advises that on 24 November 2023, it issued 62,996,490 fully paid ordinary shares at a price of
    (a) the New Shares will be offered without disclosure under Part 6D.2 of the Act;
    (b) this notice is being given under section 708A(5)(e) of the Act;
    (c) as at the date of this notice, Xanadu Mines has complied with:
    (1) the provisions of Chapter 2M of the Act as they apply to Xanadu Mines; and
    (2) sections 674 and 674A of the Act as they apply to Xanadu Mines; and
    (d) as at the date of this notice, there is no excluded information of the type referred to in sections 708A(7) or 708A(8) of the Act that is required to be set out in this notice.
  • The Company intends to rely on the exemption in section 602.1 of the TSX Company Manual in respect of the Placement as an Eligible Interlisted Issuer.
  • This Announcement was authorised for release by the Xanadu’s Board of Directors.

Skyharbour Closes $6.37 Million Private Placement of Flow-Through Units

Retrieved on: 
Friday, December 15, 2023
Placement, Private, Athabasca Basin, TSX Venture Exchange, Income Tax Act, Private placement, CAD, Unit, FT2

Vancouver, BC, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that it has closed a non-brokered private placement (the “Private Placement”) financing for total gross proceeds of CAD $6,370,000.

Key Points: 
  • Vancouver, BC, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that it has closed a non-brokered private placement (the “Private Placement”) financing for total gross proceeds of CAD $6,370,000.
  • The Private Placement was subscribed for by several strategic institutional investors.
  • The Company has allotted and issued 2,333,334 flow-through units at a price of CAD $0.75 per unit (the “FT1 Units”) as well as 6,000,000 flow-through units at a price of CAD $0.77 per unit (the "FT2 Units") on a charity flow-through basis.
  • The Private Placement is subject to final TSX Venture Exchange approval and all securities issued are subject to a four-month-and-one-day hold period.

Triple One Metals Inc. enters into definitive property purchase agreement with Portsmouth Gold Corp. and appoints Paul Gill as Chief Executive Officer and Director

Retrieved on: 
Friday, December 8, 2023
Placement, Lithium, Political science, Agreement, Acquisition, Mining, Nickel, Consolidation, Business administration, Gold, Transaction, Chairperson, Columbia, Property, Knowledge, Electric vehicle, Simon Fraser University, Triple One, Vancouver Community College, Bank vault, Automation, Security (finance)

Each Transaction Unit will comprise one post-Consolidation common share (a “Transaction Share”) and one share purchase warrant (each whole warrant, a “Transaction Warrant”).

Key Points: 
  • Each Transaction Unit will comprise one post-Consolidation common share (a “Transaction Share”) and one share purchase warrant (each whole warrant, a “Transaction Warrant”).
  • In connection with the Transaction, the Company has appointed Paul Gill, the President of Portsmouth, as a director and as Chief Executive Officer of the Company.
  • Mr. Gill replaces Mr. Paul K. Smith as Chief Executive Officer, who has acted in this capacity since the Company’s inception.
  • The Company’s outstanding stock options and share purchase warrants will be adjusted upon completion of the Consolidation on the same basis.

$4.3 million Placement

Retrieved on: 
Monday, November 20, 2023
FIRB, Placement, Documentation, ASX, Acquisition, XAM, News, Ord Minnett, TSX, VWAP, Horizon Forbidden West, Security (finance)

TORONTO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX:XAM, TSX:XAM) (Xanadu or the Company) is pleased to announce the Company has received commitments for a placement to eligible professional and sophisticated investors of 78,181,818 fully-paid ordinary shares in Xanadu (New Shares) at an issue price of $0.055 each to raise A$4,299,999.99 (before costs) (Placement). The Placement will complete in two tranches. The first tranche, being the issue of 62,996,490 New Shares, is unconditional and will be issued pursuant to the Company’s existing placement capacity under ASX Listing Rule 7.1 (First Tranche). The second tranche, being the proposed subscription of 15,185,328 New Shares by Xanadu’s major shareholder Zijin Mining Group Co., Ltd (Zijin),1 is subject to formal documentation and a number of conditions set out below (Second Tranche).

Key Points: 
  • The first tranche, being the issue of 62,996,490 New Shares, is unconditional and will be issued pursuant to the Company’s existing placement capacity under ASX Listing Rule 7.1 (First Tranche).
  • Includes participation by Zijin on a proportionate basis (A$0.8 million), subject to Australia Foreign Investment Review Board (FIRB) and Xanadu shareholder approval.
  • Placement of the Second Tranche New Shares will occur 10 business days after the last of the Zijin Conditions are satisfied.
  • We will notify the market shortly of a date for our Extraordinary Meeting to approve Zijin’s share of this placement.

TAT Technologies Announces Proposed Private Placement to Israeli Institutional and Accredited Investors

Retrieved on: 
Friday, December 15, 2023
Sale, Hamas, Bank, Security (finance), Annual report, Hezbollah, Financial regulation, Placement, Person, Common stock, Regulation, Private, Private placement, TAT Technologies, Share (finance)

The Company is expected to issue and sell to the Investors an aggregate of 1,158,600 Ordinary Shares (the "Shares"), for a purchase price of NIS 31.70 per Share (approximately $8.60 per Share*).

Key Points: 
  • The Company is expected to issue and sell to the Investors an aggregate of 1,158,600 Ordinary Shares (the "Shares"), for a purchase price of NIS 31.70 per Share (approximately $8.60 per Share*).
  • The newly issued Shares are expected to represent approximately 11.5% of the Company's issued and outstanding Ordinary Shares after the consummation of such sale.
  • The closing of the transaction is subject to customary closing conditions and is expected to be completed by December 31, 2023.
  • * Calculated based on the exchange rate of $1.00:NIS 3.685, as published by the Bank of Israel on December 14, 2023.

INTERNATIONAL BATTERY METALS LTD. ANNOUNCES PRIVATE PLACEMENT, TSXV LISTING APPLICATION, AND BOARD CHANGES

Retrieved on: 
Friday, December 1, 2023
Canadian Securities Exchange, Indian stock exchange, TSX Venture Exchange, Minority, Private placement, CSE, CAD, Unit, USD, Placement, Private, DLE, The Company, Security (finance), Audit

The Private Placement is expected to close on December 8, 2023, but may close in more than one tranche.

Key Points: 
  • The Private Placement is expected to close on December 8, 2023, but may close in more than one tranche.
  • The proceeds from the Private Placement will be used to fund the Company's ongoing operations and other general corporate expenditures.
  • The Company expects that officers and directors of the Company, namely Garry Flowers, Daniel Christie and John Burba, will purchase Units under the Private Placement.
  • Completion of the Private Placement is subject to regulatory approval including, but not limited to, the approval of the Canadian Securities Exchange.

Power Nickel to Raise $2,750,000 at $0.90 Per Share to Complete Next Stage of Feasibility Study with CVMR Corporation

Retrieved on: 
Monday, November 20, 2023
Sale, Economics, Battery, Stillwater Mining Company, Private placement, Metal, TSX Venture Exchange, ITA, FT, Powder, Income Tax Act 1967, Stock dilution, Mining, Placement, Benchmarking, Copper, Lynch, EV, Private, Income Tax Act, News, Mobile phone, Palladium, Platinum, Cobalt, Nickel

CVMR is coordinating the production of advanced bench scale, piloting, and engineering studies on the Nisk Nickel Sulfide Project near Nemaska, Quebec to determine project feasibility.

Key Points: 
  • CVMR is coordinating the production of advanced bench scale, piloting, and engineering studies on the Nisk Nickel Sulfide Project near Nemaska, Quebec to determine project feasibility.
  • The agreement is staged, allowing for Power Nickel and CVMR to work together on various stages of engineering studies.
  • As part of the process, CVMR will acquire these shares from the front-end purchasers for $0.45 per share.
  • Further to the Company's announcement made on August 15th, Power Nickel will make the next payment of $2,250,000 to CVMR to complete the next stage of the feasibility study.

QuickLogic Announces New Aurora™ FPGA/eFPGA User Tools with Enhancements for Reconfigurable Computing

Retrieved on: 
Thursday, November 16, 2023
Longevity, SAN, Continuous integration, CLI, CNAME record, Algorithm, FPGA, Placement, Single, C mathematical functions, Command-line interface, Workflow, Library, Conference, RTL, University, Computer data storage, Cryptocurrency

SAN JOSE, Calif., Nov. 16, 2023 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) has released version 2.4 of its Aurora eFPGA development tool suite.

Key Points: 
  • SAN JOSE, Calif., Nov. 16, 2023 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) has released version 2.4 of its Aurora eFPGA development tool suite.
  • This newest version integrates core tool enhancements that improve the eFPGA utilization and performance of designer's RTL, particularly in the area of reconfigurable computing.
  • Asymmetric BlockRAM (BRAM) Inferencing – Reconfigurable computing algorithms, particularly ones that involve cryptography or the real-time update of weights when implementing convolutional neural networks often require different read/write widths of BRAMs.
  • Version 2.4 of Aurora FPGA User Tools includes several developments to the workflow to improve overall user's design time.

IperionX Completes US$16.7M Placement to Re-shore U.S. Titanium Production

Retrieved on: 
Wednesday, November 8, 2023
Natural Resources, Manufacturing, Mining, Minerals, Steel, Titan, Fidelity International, Placement, Titanium, United States Department of Defense, Financial adviser

The Placement was led by existing shareholders, B Riley Principal Investments, Fidelity International, Inherent Group, and one of the world’s largest asset managers, confirming their support for IperionX’s plans to re-shore U.S. titanium production, scale IperionX’s patented titanium technologies, advance the Titan Critical Mineral Project and for general corporate purposes.

Key Points: 
  • The Placement was led by existing shareholders, B Riley Principal Investments, Fidelity International, Inherent Group, and one of the world’s largest asset managers, confirming their support for IperionX’s plans to re-shore U.S. titanium production, scale IperionX’s patented titanium technologies, advance the Titan Critical Mineral Project and for general corporate purposes.
  • IperionX’s technology and patent portfolio advisor, Mr. Ray Nimrod, participated in the placement, and is a significant long-term shareholder and advisor to the Company.
  • Ray is a renowned expert in technology patent law, representing a range of leading technology clients, including multiple Fortune 100 companies.
  • IperionX has significantly bolstered its capital position with up to US$40.9 million in new funding, made up of:
    US$12.7 million grant from U.S. Department of Defense
    This robust financial position provides a strong platform for IperionX to accelerate plans to re-shore U.S. titanium production with the development of the advanced Titanium Production Facility in Halifax County, Virginia.