Placement

 Edgewater Wireless Announces Private Placement Financing

Retrieved on: 
Tuesday, July 7, 2020

Edgewater Wireless Systems Inc. (YFI; TSX.V)(OTCQB: KPIFF) (the Company) announces an offering on a non-brokered private placement basis of up to 30,000,000 units.

Key Points: 
  • Edgewater Wireless Systems Inc. (YFI; TSX.V)(OTCQB: KPIFF) (the Company) announces an offering on a non-brokered private placement basis of up to 30,000,000 units.
  • This Offering is available to subscribers under available prospectus exemptions as more specifically described in the Subscription Agreement.
  • The Company may reallocate the proceeds from the Offering as may be required depending upon the development of the Companys business.
  • This document contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively forward-looking statements).

Gevo, Inc. Announces Pricing of $18.0 Million Upsized Public Offering

Retrieved on: 
Wednesday, July 1, 2020

H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.

Key Points: 
  • H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.
  • The gross proceeds of the offering are expected to be $18.0 million, prior to deducting placement agents fees and other offering expenses payable by Gevo and assuming none of the warrants issued in the offering are exercised for cash.
  • The offering is expected to close on or about July 6, 2020, subject to the satisfaction of customary closing conditions.
  • These forward-looking statements relate to a variety of matters, including, without limitation, statements related to public offering of securities described herein and the pricing of the public offering.

Warrior Gold Announces Closing of First Tranche of Oversubscribed Private Placement and Start of Drilling Program

Retrieved on: 
Tuesday, June 30, 2020

Warrior Gold Inc. (TSX-V - WAR) (Warrior Gold or the Company) is pleased to announce that it has received commitments of $795,000 for its previously announced private placement financing of $725,000, increasing the private placement by $70,000.

Key Points: 
  • Warrior Gold Inc. (TSX-V - WAR) (Warrior Gold or the Company) is pleased to announce that it has received commitments of $795,000 for its previously announced private placement financing of $725,000, increasing the private placement by $70,000.
  • The Company expects to close the final tranche of the private placement on or about July 3, 2020 with the issuance of an additional 1,166,666 common share units priced at $0.06 per unit.
  • All Qualifying Expenditures will be renounced in favour of the subscribers of the FT Common Shares effective December 31, 2021.
  • Warrior Gold is a TSX Venture Exchange listed Company that owns the Goodfish-Kirana Property located five km from the town of Kirkland Lake, Ontario.

Medallion Resources Completes $250,000 Private Placement

Retrieved on: 
Tuesday, June 30, 2020

VANCOUVER, British Columbia, June 30, 2020 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCPK: MLLOF; Frankfurt: MRDN) Medallion or the Company), pursuing smart production of NdPr magnet metals, today announced it has closed its non-brokered private placement (the Private Placement), as announced June 16, 2020, for gross proceeds of $250,000.

Key Points: 
  • VANCOUVER, British Columbia, June 30, 2020 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCPK: MLLOF; Frankfurt: MRDN) Medallion or the Company), pursuing smart production of NdPr magnet metals, today announced it has closed its non-brokered private placement (the Private Placement), as announced June 16, 2020, for gross proceeds of $250,000.
  • The Private Placement consisted of 2,500,000 units (each a Unit) at a purchase price of $0.10 per Unit.
  • The proceeds of the Private Placement will be used for business development and working capital.
  • Medallion Resources has developed a proprietary process and related business model to achieve low-cost, near-term, rare-earth element (REE) production by exploiting monazite.

Therapix Biosciences Raises $2.6 Million in Private Placement

Retrieved on: 
Monday, June 29, 2020

The private placement is expected to result in gross proceeds to Therapix of $2.6 million.

Key Points: 
  • The private placement is expected to result in gross proceeds to Therapix of $2.6 million.
  • Therapix intends to use the net proceeds from the offering for general corporate purposes.
  • Therapix Biosciences Ltd. is a specialty clinical-stage pharmaceutical company led by an experienced team of senior executives and scientists.
  • For example, the Company is using forward-looking statements when it discusses the proposed private placement, the successful closing of the private placement and planned use of the net proceeds from the private placement.

Globus Maritime Limited Announces Pricing of $12.4 Million Registered Direct Offering

Retrieved on: 
Friday, June 26, 2020

The gross proceeds to the Company from the registered direct offering and concurrent private placement are estimated to be approximately $12.4 million before deducting the placement agents fees and other estimated offering expenses.

Key Points: 
  • The gross proceeds to the Company from the registered direct offering and concurrent private placement are estimated to be approximately $12.4 million before deducting the placement agents fees and other estimated offering expenses.
  • The registered direct offering and concurrent private placement are expected to close on or about June 30, 2020, subject to the satisfaction of customary closing conditions.
  • The Common Shares being sold pursuant to the registered direct offering are being sold pursuant to a shelf registration statement on Form F-3 (File No.
  • A prospectus supplement and the accompanying prospectus relating to and describing the terms of the registered direct offering will be filed with the SEC.

Recon Technology Announces Pricing of $2.1 million Registered Direct Offering

Retrieved on: 
Friday, June 26, 2020

Under the terms of the securities purchase agreement, the Company has agreed to sell 1.68 million ordinary shares.

Key Points: 
  • Under the terms of the securities purchase agreement, the Company has agreed to sell 1.68 million ordinary shares.
  • In a concurrent private placement, the Company has agreed to issue unregistered warrants to purchase up to 1.68 million ordinary shares.
  • The gross proceeds to the Company from this registered direct offering and concurrent private placement are estimated to be $2.1 million before deducting the placement agent's fees and other estimated offering expenses, assuming there is no exercise of any of the warrants.
  • The registered direct offering and concurrent private placement are expected to close on or about June 30, 2020, subject to the satisfaction of customary closing conditions.

Beauce Gold Fields Closes Fully Subscribed 4,500,000 Units Hard Cash Private Placement

Retrieved on: 
Tuesday, June 23, 2020

MONTREAL, June 23, 2020 (GLOBE NEWSWIRE) -- Beauce Gold Fields (Champs DOr en Beauce) (TSX Venture: BGF), (BGF), is pleased to announce the company closes a fully subscribed non-brokered private placement of 4.5 million units at 9 cents per unit for gross proceeds of $405,000.

Key Points: 
  • MONTREAL, June 23, 2020 (GLOBE NEWSWIRE) -- Beauce Gold Fields (Champs DOr en Beauce) (TSX Venture: BGF), (BGF), is pleased to announce the company closes a fully subscribed non-brokered private placement of 4.5 million units at 9 cents per unit for gross proceeds of $405,000.
  • Each share issued pursuant to the placement will have a mandatory four-month-and-one-day hold period from the date of closing of the placement.
  • In connection with the placement, the company will pay a cash finder's fee of $5,506.33 to StephenAvenue Securities Inc. of Toronto, Ont.
  • Lam Chan Tho, a director of the Company, has subscribed for 55,555 units.

IVERIC bio, Inc. Announces Closing of Public Offering and Concurrent Private Placement with $160 Million in Gross Proceeds

Retrieved on: 
Monday, June 22, 2020

All of the shares and warrants in the public offering were sold by the Company.

Key Points: 
  • All of the shares and warrants in the public offering were sold by the Company.
  • The Company received net proceeds of approximately $116.9 million from the public offering, after deducting underwriting discounts and commissions and estimated offering expenses, and approximately $33.1 million from the concurrent private placement, after deducting placement agent fees and estimated offering expenses.
  • Cowen and Credit Suisse acted as book-running managers for the public offering and as the placement agents for the concurrent private placement.
  • The public offering was made only by means of a prospectus supplement and accompanying prospectus that form a part of an effective registration statement.

Aker ASA: Aker BioMarine AS - Contemplated Private Placement and Listing on Merkur Market

Retrieved on: 
Friday, June 19, 2020

(Oslo branch), (the "Joint Bookrunners"), to assist the Company in a contemplated private placement (the "Private Placement") of new shares in the Company followed by a listing of its shares on Merkur Market (the "Listing").

Key Points: 
  • (Oslo branch), (the "Joint Bookrunners"), to assist the Company in a contemplated private placement (the "Private Placement") of new shares in the Company followed by a listing of its shares on Merkur Market (the "Listing").
  • This is the result of a long-term commitment to Aker BioMarine and is a diversification within a core area for Aker in a fast-growing marine ingredients market.
  • In addition, completion of the Private Placement is conditional on the Company's shares being admitted to trading on Merkur Market.
  • The Private Placement and the contemplated Listing may be influenced by a range of circumstances, such as market conditions, and there is no guarantee that the Private Placement will proceed and that the Listing will occur.