Multilateral

Lomiko Updates Private Placement

Retrieved on: 
Saturday, January 15, 2022 - 12:51am

Further to the press release dated January 7, 2022, Lomiko Metals Inc. (TSX.V: LMR) (Lomiko Metals or the Company), subject to the approval of the TSX Venture Exchange for a non-brokered private placement, has updated the closing of its financing for gross proceeds of $1,666,000 through the issue of 20,825,000 units (Units) at a price of $0.08 per unit.

Key Points: 
  • Further to the press release dated January 7, 2022, Lomiko Metals Inc. (TSX.V: LMR) (Lomiko Metals or the Company), subject to the approval of the TSX Venture Exchange for a non-brokered private placement, has updated the closing of its financing for gross proceeds of $1,666,000 through the issue of 20,825,000 units (Units) at a price of $0.08 per unit.
  • The closing of the private placement is subject to the completion of formal documentation and the approval of the TSX Venture Exchange.
  • Proceeds of the private placement will be used for working capital.
  • The Company did not file a material change report 21 days prior to the closing date of this private placement as details of the respective participation of such insiders in the Offering was unknown at such time.

Lomiko Announces Private Placement

Retrieved on: 
Saturday, January 8, 2022 - 1:46am

Lomiko Metals Inc. (TSX.V: LMR) (Lomiko Metals or the Company) is pleased to announce that it has received conditional approval from the TSX Venture Exchange (the TSX) for a non-brokered private placement and, subject to the approval of the TSX, will close its financing for gross proceeds of $1,636,000.00 through the issue of 20,450,000 units (the Units) at a price of $0.08 per unit.

Key Points: 
  • Lomiko Metals Inc. (TSX.V: LMR) (Lomiko Metals or the Company) is pleased to announce that it has received conditional approval from the TSX Venture Exchange (the TSX) for a non-brokered private placement and, subject to the approval of the TSX, will close its financing for gross proceeds of $1,636,000.00 through the issue of 20,450,000 units (the Units) at a price of $0.08 per unit.
  • The closing of the private placement is subject to the completion of formal documentation and the approval of the TSX Venture Exchange.
  • Proceeds of the private placement will be used for working capital.
  • The Company did not file a material change report 21 days prior to the closing date of this private placement as details of the respective participation of such insiders in the Offering was unknown at such time.

Corvus Gold Securityholders Approve Acquisition By AngloGold Ashanti

Retrieved on: 
Thursday, January 6, 2022 - 10:00pm

Unlimited Liability Company (the Purchaser), and AngloGold Ashanti Holdings plc.

Key Points: 
  • Unlimited Liability Company (the Purchaser), and AngloGold Ashanti Holdings plc.
  • Pursuant to the Arrangement, the Purchaser will, among other things, acquire the remaining 80.5% of the outstanding common shares of Corvus (the Common Shares), not already owned by AngloGold Ashanti Limited and its affiliates (collectively, the AGA Group).
  • Corvus Gold Inc. is a North American gold exploration and development company, focused on its near term gold-silver mining project at the North Bullfrog and Mother Lode Districts in Nevada.
  • Corvus is committed to building shareholder value through new discoveries and the expansion of its projects to maximize share price leverage in an advancing gold and silver market.

Independence Gold Announces Closing of Oversubscribed $1,787,500 Non-Brokered Private Placement

Retrieved on: 
Friday, December 31, 2021 - 7:26pm

VANCOUVER, British Columbia, Dec. 31, 2021 (GLOBE NEWSWIRE) -- Independence Gold Corp. (TSX.V: IGO) (the "Company") wishes to announce that it has closed the non-brokered private placement announced on December 2, 2021 (the “Offering”).

Key Points: 
  • VANCOUVER, British Columbia, Dec. 31, 2021 (GLOBE NEWSWIRE) -- Independence Gold Corp. (TSX.V: IGO) (the "Company") wishes to announce that it has closed the non-brokered private placement announced on December 2, 2021 (the Offering).
  • Insiders of the Company participated in the private placement on the same terms and conditions as non-arms length subscribers, subscribing for a total of 1,100,000 Units for aggregate proceeds of C$110,000.
  • The Private Placement has been reviewed and unanimously approval by the Companys board of directors, including the independent directors.
  • These risks and uncertainties include but are not limited to those identified and reported in Independences public filings under Independence Gold Corp.s SEDAR profile at www.sedar.com .

WOW! Unlimited Media Inc. Receives Overwhelming Approval of Shareholders and Noteholders for Arrangement with Genius Brands International, Inc. and 1326919 B.C. Ltd.

Retrieved on: 
Friday, December 31, 2021 - 2:21pm

Ltd., a wholly-owned subsidiary of Genius, will acquire all of the outstanding shares of the Company (each, a Company Share).

Key Points: 
  • Ltd., a wholly-owned subsidiary of Genius, will acquire all of the outstanding shares of the Company (each, a Company Share).
  • Michael Hirsh, Chairman and CEO remarked: We are thankful to our shareholders and noteholders for their unequivocal support for our combination with Genius Brands.
  • has just declared record Q3 2021 earnings and solid visibility into 2022 revenue, driven by our strong order backlog.
  • is a leading animation-focused entertainment company producing top-end content and building brands and audiences on the most engaging media platforms.

Mountain Province Diamonds Provides Additional Detail on Proposed New Financing Arrangement

Retrieved on: 
Friday, December 31, 2021 - 1:30pm

TORONTO and NEW YORK, Dec. 31, 2021 /PRNewswire/ -- Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPVD) (OTCQX: MPVD) is pleased to announce further details regarding its proposed financing arrangement involving its largest shareholder, Mr. Dermot Desmond (the "Proposed Arrangement"). While the arrangements are non-binding, Mountain Province is working with its largest shareholder, Mr. Dermot Desmond, to reach binding agreements in early 2022. The Proposed Arrangement is subject to, among other things, finalization of the specific terms thereof, negotiation and execution of definitive documentation, receipt of all required regulatory approvals, and the approval of the Company's disinterested shareholders.

Key Points: 
  • TORONTO and NEW YORK, Dec. 31, 2021 /PRNewswire/ -- Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPVD) (OTCQX: MPVD) is pleased to announce further details regarding its proposed financing arrangement involving its largest shareholder, Mr. Dermot Desmond (the "Proposed Arrangement").
  • Mountain Province Diamonds is a 49% participant with De Beers Canada in the Gahcho Ku diamond mine located in Canada's Northwest Territories.
  • For further information on Mountain Province Diamonds and to receive news releases by email, visit the Company's website at www.mountainprovince.com .
  • The principal assets of Mountain Province are administered pursuant to a joint venture under which Mountain Province is not the operator.

Minnova Corp. Announces Closing of Private Placement

Retrieved on: 
Thursday, December 30, 2021 - 10:00pm

Each Broker Warrant is exercisable into Common Shares at a price of $0.15 per Common Share until March 30, 2023.

Key Points: 
  • Each Broker Warrant is exercisable into Common Shares at a price of $0.15 per Common Share until March 30, 2023.
  • Closing of the Offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of TSX Venture Exchange.
  • In addition, the Company wishes to correct the expiry date of the broker warrants issued in connection with its closing of a non-brokered private placement on December 8, 2021.
  • Minnova Corp. is an emerging Canadian gold producer with a focus on incorporating clean energy in into the restart plan for the PL Gold Mine.

Nabis Holdings Inc. Announces Closing of Private Placement

Retrieved on: 
Wednesday, December 29, 2021 - 10:00pm

The net proceeds raised from the Offering will be used for working capital and general corporate purposes.

Key Points: 
  • The net proceeds raised from the Offering will be used for working capital and general corporate purposes.
  • The securities issued upon closing of the Offering will be subject to a hold period of four months plus a day from the date of closing, pursuant to applicable securities laws.
  • Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
  • Nabis Holdings is a Canadian investment issuer that invests in assets across multiple industries, including real property and the U.S. and international cannabis sector.

Skyharbour Closes Private Placement of Flow-Through Units for $500,000

Retrieved on: 
Wednesday, December 29, 2021 - 1:30pm

Vancouver, BC, Dec. 29, 2021 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH ) (OTC QB : SYHBF ) (Frankfurt: SC1P ) (the Company or Skyharbour) is pleased to announce it has closed its non-brokered private placement financing for total gross proceeds of CAD $500,000 (the Private Placement).

Key Points: 
  • Vancouver, BC, Dec. 29, 2021 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH ) (OTC QB : SYHBF ) (Frankfurt: SC1P ) (the Company or Skyharbour) is pleased to announce it has closed its non-brokered private placement financing for total gross proceeds of CAD $500,000 (the Private Placement).
  • Skyharbour has allotted and issued 1,000,000 units (the Units) at a price of CAD $0.50 per Unit.
  • The Company intends to use the proceeds from this Private Placement for exploration and upcoming drilling programs.
  • Skyharbours Uranium Project Map in the Athabasca Basin:
    To find out more about Skyharbour Resources Ltd. (TSX-V: SYH) visit the Companys website at www.skyharbourltd.com .

Buchans Announces $500,000 Insider Private Placement Financing

Retrieved on: 
Wednesday, December 29, 2021 - 1:01pm

Toronto, Ontario--(Newsfile Corp. - December 29, 2021) - Buchans Resources Limited (the "Company" or "Buchans"), announces that it has completed a private placement financing of $500,000 through the issue of 2,500,000 flow-through shares of the Company at a price of $0.20 per flow through share.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - December 29, 2021) - Buchans Resources Limited (the "Company" or "Buchans"), announces that it has completed a private placement financing of $500,000 through the issue of 2,500,000 flow-through shares of the Company at a price of $0.20 per flow through share.
  • John F. Kearney, Chairman and Chief Executive of Buchans purchased the 2,500,000 flow-through shares for gross proceeds of $500,000 in the private placement.
  • John Kearney previously held 2,546,969 common shares (4.1%) of the issued shares of Buchans and following completion of the placement, he will now hold 5,046,969 common shares (7.8%) of the issued shares of Buchans.
  • All shares issued in connection with the private placement will be subject to a four month hold period from the date of issuance of such shares.