Offering

F3 Announces Closing of Private Placement for Aggregate Gross Proceeds of C$20 Million

Retrieved on: 
Tuesday, September 12, 2023
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Kelowna, British Columbia--(Newsfile Corp. - September 12, 2023) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) ("F3 Uranium" or the "Company") is pleased to announce the closing of its previously announced "bought deal" private placement for aggregate gross proceeds of C$20 million (the "Offering").

Key Points: 
  • Kelowna, British Columbia--(Newsfile Corp. - September 12, 2023) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) ("F3 Uranium" or the "Company") is pleased to announce the closing of its previously announced "bought deal" private placement for aggregate gross proceeds of C$20 million (the "Offering").
  • The Qualifying Expenditures will be renounced to the purchasers of the FT Units with an effective date no later than December 31, 2023.
  • The securities issued pursuant to the Offering are subject to a four-month and one day hold period ending on January 13, 2024.
  • The proceeds of the Offering will be used by the Company to fund exploration of the Company's projects in the Athabasca Basin in Saskatchewan.

Nature Wood Group Limited Announces Closing of $6.75 Million Initial Public Offering

Retrieved on: 
Thursday, September 14, 2023
LLP, ADS, American depositary receipt, Free File, Sale, Prospectus, Acquisition, Offering, Form, FSC, Security (finance)

MACAU, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Nature Wood Group Limited (the “Company” or “Nature Wood”), a global leading vertically-integrated forestry company that focuses on FSC business operations, today announced the closing of its initial public offering (the “Offering”) of 750,000 American Depositary Shares (“ADS”) at a price to the public of US$9 per ADS for gross proceeds of US$6.75 million, before deducting underwriting discounts and offering expenses.

Key Points: 
  • MACAU, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Nature Wood Group Limited (the “Company” or “Nature Wood”), a global leading vertically-integrated forestry company that focuses on FSC business operations, today announced the closing of its initial public offering (the “Offering”) of 750,000 American Depositary Shares (“ADS”) at a price to the public of US$9 per ADS for gross proceeds of US$6.75 million, before deducting underwriting discounts and offering expenses.
  • The Offering closed on 14 September, 2023 and the ADSs began trading on September 12, 2023 on the Nasdaq Capital Market under the symbol “NWGL”.
  • The Offering is being made only by means of a prospectus forming a part of the effective registration statement.
  • In addition, a copy of the prospectus relating to the Offering may be obtained via the SEC’s website at www.sec.gov .

Lycos Energy Inc. Announces Upsizing of Previously Announced Equity Financing

Retrieved on: 
Thursday, September 14, 2023
Indian stock exchange, NOT, FOR, Lycos, National Bank of Canada, WIRE, Offering, Acquisition, NEWS, Security (finance)

CALGARY, Alberta, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Lycos Energy Inc. ("Lycos" or the "Company") (TSXV: LCX) is pleased to announce that, as a result of excess demand, it has agreed with the syndicate of underwriters led by National Bank Financial Inc. to increase the size of its previously announced bought-deal financing (the “Offering”). Lycos will now issue 8,574,000 common shares (the “Common Shares”) at a price of $3.55 per Common Share to raise aggregate gross proceeds of $30,437,700 pursuant to the Offering.

Key Points: 
  • CALGARY, Alberta, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Lycos Energy Inc. ("Lycos" or the "Company") (TSXV: LCX) is pleased to announce that, as a result of excess demand, it has agreed with the syndicate of underwriters led by National Bank Financial Inc. to increase the size of its previously announced bought-deal financing (the “Offering”).
  • Lycos will now issue 8,574,000 common shares (the “Common Shares”) at a price of $3.55 per Common Share to raise aggregate gross proceeds of $30,437,700 pursuant to the Offering.
  • There are 40,404,140 Lycos Shares issued and outstanding as of the date hereof.
  • Following the completion of the Acquisition and the upsized Offering (prior to giving effect to the over-allotment), there will be 51,795,041 Lycos Shares issued and outstanding.

Lycos Energy Inc. Announces Strategic Acquisition of Durham Creek Exploration Ltd. and $25 Million Equity Financing

Retrieved on: 
Wednesday, September 13, 2023
LLP, NOT, TSX Venture Exchange, FOR, SEC Rule 144A, GP, Stikeman Elliott, Swimming, Underwriting, Public expenditure, IP30, Prospectus, WIRE, Duckworth, Offering, NEWS, WTI, WCS, Court of King's Bench of Alberta, DCEL, Rex, Oil, Fine chemical, Airline, Sales, Security (finance), Financial services, Insurance, Lycos, Acquisition

CALGARY, Alberta, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Lycos Energy Inc. ("Lycos" or the "Company") (TSXV: LCX) is pleased to announce that it has entered into a definitive agreement (the "Acquisition Agreement") today to acquire Durham Creek Exploration Ltd. ("DCEL"), a privately-held, arm's length, heavy oil producer, by way of a plan of arrangement for total consideration, prior to adjustments, of $22.5 million (the "Acquisition"), consisting of $12.5 million in cash and 2.8 million common shares of Lycos (“Lycos Shares”) at a deemed price of $3.55 per Lycos Share.

Key Points: 
  • Increases Tier 1 Mannville inventory (Rex, Waseca, GP and Cummings) by 77% to 55 total net locations.
  • Tier 1 locations have an expected payout period of less than 6 months and an NPV-10% of $5.5 million(1).
  • National Bank Financial Inc. is acting as exclusive financial advisor to Lycos with respect to the Acquisition.
  • Stikeman Elliott LLP is acting as legal counsel to Lycos with respect to the Acquisition and the Offering.

OKYO Pharma Announces Public Offering of Ordinary Shares

Retrieved on: 
Wednesday, September 13, 2023
Telephone, Wall Street, SEC filing, Sale, Telecanthus, Prospectus, Offering, Form, Security (finance)

LONDON and NEW YORK, Sept. 13, 2023 (GLOBE NEWSWIRE) -- OKYO Pharma Limited (Nasdaq: OKYO) (“OKYO” or the “Company”), an ophthalmology-focused bio-pharmaceutical company which is developing OK-101 to treat dry eye disease (“DED”), today announced that it intends to offer to sell its ordinary shares in an underwritten public offering (the “Offering”).

Key Points: 
  • LONDON and NEW YORK, Sept. 13, 2023 (GLOBE NEWSWIRE) -- OKYO Pharma Limited (Nasdaq: OKYO) (“OKYO” or the “Company”), an ophthalmology-focused bio-pharmaceutical company which is developing OK-101 to treat dry eye disease (“DED”), today announced that it intends to offer to sell its ordinary shares in an underwritten public offering (the “Offering”).
  • The Company expects to grant the underwriter a 30-day option to purchase up to an additional 15% of the number of ordinary shares sold in this Offering to cover over-allotments, if any.
  • Any shares sold by us in the registered direct offering would be at the same price per share to the public as those sold in this Offering.
  • The consummation of this Offering is not conditioned on the consummation of the registered direct offering, and neither is such offering contingent on this Offering, and the Company cannot provide any assurance that the proposed registered direct offering will price or close regardless of whether this Offering prices and closes.

Azimut Announces $8 Million Bought Deal Private Placement Financing

Retrieved on: 
Wednesday, September 13, 2023
Cloud, Exercise, FT, AEM, Section 50C of the Isle of Man Income Tax Act 1970, Critical, Hard, Underwriting, Oil Taxation Act 1975, Sale, Offering, Income Tax Act, TSX, Agnico Eagle, Wainwright Securities Inc. v. Wall Street Transcript Corp., Life insurance, Security (finance)

LONGUEUIL, Quebec, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (TSXV: AZM) (OTCQX: AZMTF) (“Azimut” or the “Company”) is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. on behalf of a syndicate of underwriters, including Red Cloud Securities Inc. (collectively, the “Underwriters”), in connection with a bought deal private placement financing (the “Offering”) for total proceeds of $8,000,000, consisting of 2,442,100 common shares of the Company that qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada) and section 359.1 of the Taxation Act (Québec)) (the “Premium FT Shares”) at a price of $2.0475 per Premium FT Share, 550,600 common shares of the Company that qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada) and section 359.1 of the Taxation Act (Québec)) (the “FT Shares”) at a price of $1.8165 per FT Share, and 1,904,800 common shares of the Company (the “Hard Dollar Shares”) at a price of $1.05 per Hard Dollar Share (the “Hard Dollar Issue Price”).

Key Points: 
  • The term “Offering” includes the additional Hard Dollar Shares that may be issued on the exercise of the Underwriters’ Option, if any.
  • The proceeds from the sale of the Hard Dollar Shares will be used for exploration and for general corporate purposes.
  • Closing is expected to occur on or about September 28, 2023, or other such dates as the Company and the Underwriters may agree (the “Closing Date”).
  • The securities have not been, and will not be, registered under the Unites States Securities Act of 1933, as amended (the “U.S.

SIMPPLE LTD. Announces Pricing of US$8.4 Million Initial Public Offering

Retrieved on: 
Tuesday, September 12, 2023
LLP, Marketing, Telephone, Park Avenue, Research, Sale, Prospectus, Offering, Form, SEC filing, File, Security (finance)

Singapore, Sept. 12, 2023 (GLOBE NEWSWIRE) -- SIMPPLE LTD. (the “Company” or “SIMPPLE”), an advanced technology solution provider in the emerging property-technology (“PropTech”) space, today announced the pricing of its initial public offering (the “Offering”) of 1,602,000 ordinary shares at a public offering price of US$5.25 per ordinary share.

Key Points: 
  • Singapore, Sept. 12, 2023 (GLOBE NEWSWIRE) -- SIMPPLE LTD. (the “Company” or “SIMPPLE”), an advanced technology solution provider in the emerging property-technology (“PropTech”) space, today announced the pricing of its initial public offering (the “Offering”) of 1,602,000 ordinary shares at a public offering price of US$5.25 per ordinary share.
  • The Company expects to receive aggregate gross proceeds of US$8.4 million from the Offering, before deducting underwriting discounts and other related expenses.
  • In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 240,300 ordinary shares at the public offering price, less underwriting discounts.
  • The Offering is expected to close on or about September 15, 2023, subject to the satisfaction of customary closing conditions.

Capital Power announces a C$350 million medium term note offering

Retrieved on: 
Tuesday, September 12, 2023
Note, TD, TD Securities, Perception, CPX, Capital Power Corporation, Person, RBC Capital Markets, Internet, Indigenous peoples, BBB, Annual report, Analysis, Offering, Capital, Risk management, TSX, News, S&P Global Ratings, Cryptocurrency, Security (finance)

EDMONTON, Alberta, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power”) (TSX:CPX) announced today that it has priced a public offering in Canada of unsecured medium term notes in the aggregate principal amount of C$350 million (the “Offering”).

Key Points: 
  • EDMONTON, Alberta, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power”) (TSX:CPX) announced today that it has priced a public offering in Canada of unsecured medium term notes in the aggregate principal amount of C$350 million (the “Offering”).
  • The net proceeds of the Offering will be used to repay, redeem or refinance existing indebtedness, including indebtedness under Capital Power’s credit facilities, or for general corporate purposes.
  • The notes to be issued and sold under the Offering have been rated BBB- by S&P Global Ratings and BBB (low) by DBRS Limited.
  • Capital Power undertakes no obligation to update or revise any forward-looking information except as required by law.

DRI Healthcare Trust Announces C$90 Million Bought Deal Public Offering of Units

Retrieved on: 
Tuesday, September 12, 2023
Unit, Treasury, NOT, FOR, Toronto Stock Exchange, Trust, Underwriting, Sale, RBC Capital Markets, Prospectus, Offering, TSX, Scotiabank, Security (finance)

TORONTO, Sept. 12, 2023 (GLOBE NEWSWIRE) -- DRI Healthcare Trust (TSX: DHT.UN/DHT.U) (the "Trust"), a global leader in providing financing to advance innovation in the life sciences industry, announced today that it has entered into an agreement with a syndicate of underwriters led by Scotiabank, CIBC Capital Markets and RBC Capital Markets (collectively, the “Underwriters”), pursuant to which the Trust will issue from treasury, and the Underwriters will purchase on a “bought deal” basis, 8,200,000 units (the “Units”) of the Trust, at a price of C$11.00 per Unit (the “Offering Price”) for gross proceeds of approximately C$90.2 million (the “Offering”).

Key Points: 
  • The Trust has granted the Underwriters an option (the “Over-Allotment Option”), exercisable in whole or in part, at any time for a period of 30 days from the closing of the Offering, to purchase from the Trust up to an additional 1,230,000 Units at the Offering Price, for additional gross proceeds of approximately C$13.5 million.
  • The Trust intends to use the net proceeds of the Offering to fund its near term pipeline of royalty transactions.
  • The Trust is currently in various stages of negotiations and due diligence with counterparties on several potential royalty transactions that would meet its transaction criteria.
  • Closing of the Offering is expected to occur on or about September 20, 2023, subject to customary conditions including the approval of applicable securities regulatory authorities and the Toronto Stock Exchange.

Arqit Quantum Inc. Announces Closing of $16.2 Million Registered Direct Offering

Retrieved on: 
Tuesday, September 12, 2023
Exercise, Partnership, SCSP, Park Avenue, Heritage asset, Sale, Warrant, 3rd Floor, Prospectus, Offering, Form, Growth, Security (finance), Cryptocurrency

The gross proceeds of the Offering were approximately $16.2 million, before deducting the placement agent's fees and other Offering expenses.

Key Points: 
  • The gross proceeds of the Offering were approximately $16.2 million, before deducting the placement agent's fees and other Offering expenses.
  • Arqit intends to use the net proceeds from this Offering to support the growth of its channel partnerships and for general corporate purposes.
  • Commenting, Arqit Chairman and CEO David Williams said, “We are seeing traction in onboarding major global technology vendors as channel partners.
  • Our adjusted cash and cash equivalents as of August 31, 2023, after taking into account the net proceeds of the offering following the deduction estimated offering expenses, is $46.3 million.