Offering

American Rebel Announces $19.9+ Million Public 8.53% Preferred Offering - Updated

Retrieved on: 
Friday, March 15, 2024

Nashville, TN, March 15, 2024 (GLOBE NEWSWIRE) -- American Rebel Holdings, Inc. (NASDAQ: AREB) ("American Rebel" or the "Company"), is pleased to announce the launch of a Regulation A+, equity financing of up to $19,999,995 of 8.53% Series C Redeemable Convertible Preferred Stock (the “Public Offering”).

Key Points: 
  • Nashville, TN, March 15, 2024 (GLOBE NEWSWIRE) -- American Rebel Holdings, Inc. (NASDAQ: AREB) ("American Rebel" or the "Company"), is pleased to announce the launch of a Regulation A+, equity financing of up to $19,999,995 of 8.53% Series C Redeemable Convertible Preferred Stock (the “Public Offering”).
  • This Public Offering is a watershed event for the Company and allows anyone 18 years or older to log onto the American Rebel Public Offering website at https://invest.americanrebel.com/ and with a click of a button subscribe to the offering.
  • A copy of the Company’s offering circular for the Public Offering has been posted at https://www.sec.gov/Archives/edgar/data/1648087/000149315224009903/form2... .
  • Andy Ross, Chief Executive Officer of American Rebel, commented, “American Rebel is America’s Patriotic brand.

American Rebel Announces $19.9+ Million Public 8.53% Preferred Offering

Retrieved on: 
Friday, March 15, 2024

Nashville, TN, March 15, 2024 (GLOBE NEWSWIRE) -- American Rebel Holdings, Inc. (NASDAQ: AREB) ("American Rebel" or the "Company"), is pleased to announce the launch of a Regulation A+, equity financing of up to $19,999,995 of 8.53% Series C Redeemable Convertible Preferred Stock (the “Public Offering”).

Key Points: 
  • Nashville, TN, March 15, 2024 (GLOBE NEWSWIRE) -- American Rebel Holdings, Inc. (NASDAQ: AREB) ("American Rebel" or the "Company"), is pleased to announce the launch of a Regulation A+, equity financing of up to $19,999,995 of 8.53% Series C Redeemable Convertible Preferred Stock (the “Public Offering”).
  • This Public Offering is a watershed event for the Company and allows anyone 18 years or older to log onto the American Rebel Public Offering website at https://invest.americanrebel.com/ and with a click of a button subscribe to the offering.
  • A copy of the Company’s offering circular for the Public Offering has been posted at https://www.sec.gov/Archives/edgar/data/1648087/000149315224009903/form2... .
  • Andy Ross, Chief Executive Officer of American Rebel, commented, “American Rebel is America’s Patriotic brand.

SELLAS Life Sciences Group Announces $20 Million Registered Direct Offering and Concurrent Private Placement Priced At-the-Market Under Nasdaq Rules

Retrieved on: 
Friday, March 15, 2024

The closing of the Offering is expected to occur on or about March 19, 2024, subject to the satisfaction of customary closing conditions.

Key Points: 
  • The closing of the Offering is expected to occur on or about March 19, 2024, subject to the satisfaction of customary closing conditions.
  • The gross proceeds from the Offering are expected to be approximately $20 million, before deducting placement agent fees and other estimated offering expenses.
  • The Company intends to use the net proceeds from the Offering for research and development activities, working capital and general corporate purposes.
  • A.G.P./Alliance Global Partners is acting as sole placement agent for the Offering.

Eupraxia Pharmaceuticals Announces Closing of Overnight Marketed Offering for Gross Proceeds of C$33.9 Million

Retrieved on: 
Friday, March 15, 2024

VICTORIA, British Columbia, March 15, 2024 (GLOBE NEWSWIRE) -- Eupraxia Pharmaceuticals Inc. ("Eupraxia" or the "Company") (TSX: EPRX), a clinical-stage biotechnology company, today announced that it has closed its previously announced overnight marketed public offering (the “Offering”) of common shares of the Company (the “Shares”). Pursuant to the Offering, Eupraxia issued 8,260,435 Shares at a price of C$4.10 per Share for gross proceeds of C$33,867,784, which includes the issuance of 943,435 Shares upon exercise of the over-allotment option.

Key Points: 
  • Pursuant to the Offering, Eupraxia issued 8,260,435 Shares at a price of C$4.10 per Share for gross proceeds of C$33,867,784, which includes the issuance of 943,435 Shares upon exercise of the over-allotment option.
  • Eupraxia expects to use the net proceeds of the Offering, together with its existing cash and cash equivalents, primarily to fund research and development activities, general and administrative expenses, a milestone payment, working capital needs and other general corporate purposes.
  • The Common Shares were offered pursuant to a final prospectus supplement dated March 12, 2024 to the Company’s short form base shelf prospectus dated February 5, 2024.
  • Raymond James Ltd. acted as sole underwriter and bookrunner for the Offering.

Turmalina Metals Upsizes and Closes Book on Previously Announced Financing

Retrieved on: 
Thursday, March 14, 2024

VANCOUVER, British Columbia, March 14, 2024 (GLOBE NEWSWIRE) -- Turmalina Metals Corp. (“Turmalina” or the “Company”, TBX: TSX Venture; TBXFF: OTC Markets; 3RI: Frankfurt) announces that it has upsized and closed the book on its previously announced private placement financing (see news release dated March 4, 2024).

Key Points: 
  • VANCOUVER, British Columbia, March 14, 2024 (GLOBE NEWSWIRE) -- Turmalina Metals Corp. (“Turmalina” or the “Company”, TBX: TSX Venture; TBXFF: OTC Markets; 3RI: Frankfurt) announces that it has upsized and closed the book on its previously announced private placement financing (see news release dated March 4, 2024).
  • As previously disclosed, under the Offering, each Unit will consist of one common share (each, a “Common Share”); and one common share purchase warrant (each common share purchase warrant, a “Warrant”).
  • The securities under the Offering will be subject to restrictions on resale expiring four months and day after issue.
  • Factors that could cause the actual results to differ materially from those in forward-looking statements include market or business conditions.

Vital Energy Prices Upsized Offering of $800.0 Million of Senior Notes

Retrieved on: 
Thursday, March 14, 2024

TULSA, OK, March 14, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”), today announced the pricing of its previously announced private placement offering (the “Offering”), upsized to $800.0 million in aggregate principal amount, of 7.875% senior notes due 2032 at 100% of par (the “senior notes”) in a private placement to eligible purchasers.

Key Points: 
  • TULSA, OK, March 14, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”), today announced the pricing of its previously announced private placement offering (the “Offering”), upsized to $800.0 million in aggregate principal amount, of 7.875% senior notes due 2032 at 100% of par (the “senior notes”) in a private placement to eligible purchasers.
  • The Offering is expected to close on March 28, 2024, subject to the satisfaction of customary closing conditions.
  • The senior notes will be senior unsecured obligations of the Company and will be guaranteed on a senior unsecured basis by Vital Midstream Services, LLC, a subsidiary of the Company, and certain of its future subsidiaries.
  • The senior notes were offered and sold only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act and to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act.

Vital Energy Announces Offering of $575.0 Million of Senior Notes

Retrieved on: 
Thursday, March 14, 2024

TULSA, OK, March 14, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”), today announced that it intends to offer (the “Offering”), subject to market and other conditions, $575.0 million in aggregate principal amount of senior notes due 2032 (the “senior notes”) in a private placement to eligible purchasers.

Key Points: 
  • TULSA, OK, March 14, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”), today announced that it intends to offer (the “Offering”), subject to market and other conditions, $575.0 million in aggregate principal amount of senior notes due 2032 (the “senior notes”) in a private placement to eligible purchasers.
  • The Company intends to use the net proceeds of the Offering, if completed, together with existing corporate liquidity, to (a) fund the purchase for cash of up to (i) $475.0 million aggregate principal amount of our 10.125% senior notes due 2028 and (ii) $75.0 million aggregate principal amount of our 9.750% senior notes due 2030 in the cash tender offers the Company commenced pursuant to an offer to purchase dated March 14, 2024, (b) pay fees and expenses incurred therewith and/or (c) repay borrowings outstanding under our senior secured credit facility.
  • The senior notes will be senior unsecured obligations of the Company and will be guaranteed on a senior unsecured basis by Vital Midstream Services, LLC, a subsidiary of the Company, and certain of its future subsidiaries.
  • The senior notes will be offered and sold only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act and to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act.

Interfield Global Software Inc. Announces Completion of Private Placement Financing

Retrieved on: 
Thursday, March 14, 2024

VANCOUVER, British Columbia, March 14, 2024 (GLOBE NEWSWIRE) -- Interfield Global Software Inc. (Cboe CA: IFSS) (the “Company”) announces completion of its previously announced non-brokered private placement financing (the "Offering").

Key Points: 
  • VANCOUVER, British Columbia, March 14, 2024 (GLOBE NEWSWIRE) -- Interfield Global Software Inc. (Cboe CA: IFSS) (the “Company”) announces completion of its previously announced non-brokered private placement financing (the "Offering").
  • Each Unit consisted of one common share in the capital of the Company (each, a "Unit Share") and one common share purchase warrant (each, a "Warrant").
  • The Offering remains subject to receipt of all applicable regulatory approvals, including the approval of Cboe Canada.
  • The Offering was completed pursuant to the accredited investor exemption from the prospectus requirements under applicable Canadian securities laws.

Foremost Lithium Announces Closing of the First Tranche of its Flow-Through and Non-Flow-Through Private Placements for Gross Proceeds of $1.629M

Retrieved on: 
Thursday, March 14, 2024

VANCOUVER, British Columbia, March 13, 2024 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a North American hard-rock lithium exploration company, announces that further to its press release dated February 13, 2024, on March 13, 2024, it closed the first tranche of its non-brokered private placement (the "Offering") for aggregate gross proceeds of $1,629,267.

Key Points: 
  • The Company also issued 152,941 non-flow-through units (each, a “NFT Unit”) at a subscription price of $3.40 per NFT Unit.
  • Certain insiders of the Company participated in the NFT portion of the Offering, as further described below.
  • The proceeds from the issuance of the NFT Units will be used for working capital and general corporate purposes.
  • This news release is being issued under the early warning provisions of Canadian securities legislation.

Silver Storm Announces Non-Brokered Private Placement Offering of Up to $2 Million

Retrieved on: 
Wednesday, March 13, 2024

TORONTO, March 13, 2024 (GLOBE NEWSWIRE) -- Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | OTCQB: SVRSF | FSE: SVR), is pleased to announce its intention to complete a non-brokered private placement offering of up to 18,200,000 units of the Company (“Units”) at a price of $0.11 per Unit (the “Issue Price”) for gross proceeds of up to $2 million (the "Offering"). The Company reserves the right to increase the size of the Offering, subject to the approval of the TSX Venture Exchange ("TSXV”).

Key Points: 
  • The Company reserves the right to increase the size of the Offering, subject to the approval of the TSX Venture Exchange ("TSXV”).
  • Part of the net proceeds will be used to follow-up on the previously announced drill results in the C460 Zone.
  • In this zone, Silver Storm intersected high grade mineralization including 1,810 g/t Ag.Eq1 over 14.62 metres (“m”) from Hole Q-23-020 and 911 g/t Ag.Eq over 13.05 m from Hole Q-23-022A.
  • The securities issued and issuable pursuant to the Offering will be subject to a four month and one day hold period.