Share (finance)

Rio2 Announces Receipt of RCA Resolution for the Fenix Gold Project & C$10 Million Private Placement

Retrieved on:

Monday, April 8, 2024

VANCOUVER, British Columbia, April 08, 2024 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) today announces that its Chilean subsidiary, Fenix Gold Limitada (“Fenix Gold”), has received the formal Resolución de Calificación Ambiental (Environmental Qualification Resolution, or RCA) for its Fenix Gold Project (the “Project”) located in the Maricunga Mineral Belt of the Atacama Region, Chile.

Key Points:

The RCA has been issued following the approval of the Project’s Environmental Impact Assessment previously announced on December 20, 2023.
The receipt of the RCA now allows Fenix Gold to advance permitting activities for the Project.
The current timing for receipt of these principal permits is by the end of July 2024.
The Company is seeking to finance a substantial component of the initial capital costs by way of Project related debt.

Early Warning Report In Respect of Joshua Crumb’s Holdings in Abaxx Technologies Inc.

Retrieved on:

Saturday, April 6, 2024

National instrument, Share (finance), Suite, Related, Yonge Street, News, Security (finance)

As reported on December 24, 2020, Mr. Crumb held 11,263,779 securities of Abaxx, representing approximately 17.7% of Abaxx’s issued and outstanding Shares on a partially diluted basis.

Key Points:

As reported on December 24, 2020, Mr. Crumb held 11,263,779 securities of Abaxx, representing approximately 17.7% of Abaxx’s issued and outstanding Shares on a partially diluted basis.
As a result of the Issuance and certain issuer events of Abaxx, Mr. Crumb’s holdings in Abaxx have changed by more than 2% on a partially diluted basis since the filing of Mr. Crumb’s previous early warning report.
A copy of the early warning report will be made available under Abaxx’s profile on SEDAR+ (www.sedarplus.ca).
For further information or to receive a copy of the early warning report, please contact:
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Protara Therapeutics Announces Oversubscribed $45 Million Private Placement Financing

Retrieved on:

Friday, April 5, 2024

NMIBC, Private, Exercise, Patient, Oppenheimer Holdings, Sale, Public expenditure, Cancer, Trial of the century, Guggenheim Partners, Share (finance), Therapy, Security (finance)

Gross proceeds from the private placement are expected to be approximately $45 million, before deducting expenses.

Key Points:

Gross proceeds from the private placement are expected to be approximately $45 million, before deducting expenses.
Proceeds from the private placement, along with existing cash and cash equivalents, are expected to be sufficient to fund the Company’s planned operations into 2026.
The Company intends to use the net proceeds from the Private Placement for general corporate and working capital purposes, including funding clinical trials.
Guggenheim Securities, LLC acted as lead placement agent and Oppenheimer & Co. acted as a placement agent in the transaction.

Cerro de Pasco Resources Closes a Subscription Receipt and Private Placement for a total of $2,845,000

Retrieved on:

Tuesday, April 2, 2024

MONTRÉAL, April 02, 2024 (GLOBE NEWSWIRE) -- Cerro de Pasco Resources Inc. (CSE: CDPR) (OTCPK: GPPRF) (FRA: N8HP) (“CDPR” or the “Corporation”) is pleased to announce that further to its news release of March 22, 2024, it has closed a second tranche of its previously announced non-brokered private placement offering of subscription receipts to cover the fee payable in relation to the Legal Easement (the “Easement”). Upon publication of the Supreme Resolution granting the Easement, CDPR will pay SOL 3,647,402.44 or approximately CAD 1,350,000 to a specific bank account of Banco de la Nacion. The two-year Easement will provide CDPR with access to the surface areas corresponding to its El Metalurgista Concession and the Quiulacocha Tailings Project, enabling the Corporation to initiate its 40-hole drilling campaign.

Key Points:

The Quiulacocha Tailings Storage Facility is comprised of processing residues that came from the Cerro de Pasco open pit and underground mine.
Under the second tranche, the Corporation has sold 10,150,000 subscription receipts of the Corporation (the “Subscription Receipts”) at a price of $0.10 per Subscription Receipt for aggregate gross proceeds of $1,015,000.
In total, the Corporation raised aggregate gross proceeds of $2,560,000 and issued 25,600,000 Subscription Receipts (the “Offering”).
Upon the satisfaction of the Release Conditions, 1) each Subscription Receipt will automatically be converted into a unit of the Corporation (“Unit”).

Applied UV, Inc. Announces Closing of $2.76 Million Registered Direct and Private Placement

Retrieved on:

Monday, April 1, 2024

Common stock, Private, Exercise, Form, Telephone, Common, Sale, Attention, Share (finance), Form S-3, Prospectus, P.C, Security (finance)

The Company issued shares of common stock of the Company (“Common Stock”) and pre-funded warrants (“Pre-Funded Warrants”) in a registered direct offering.

Key Points:

The Company issued shares of common stock of the Company (“Common Stock”) and pre-funded warrants (“Pre-Funded Warrants”) in a registered direct offering.
In a concurrent private placement, the Company also issued common warrants (“Common Warrants”) to the same investors.
Aggregate gross proceeds to the Company from both transactions were approximately $2.76 million.
The registered direct offering was being made pursuant to an effective shelf registration statement on Form S-3 (No.

Hapbee Announces Closing of Private Placement

Retrieved on:

Tuesday, March 26, 2024

HA1, TSX Venture Exchange, Rule, Offering, Acceleration, Warrant, News, Regulation, Share (finance), CAD, Person, Security (finance)

VANCOUVER, British Columbia, March 26, 2024 (GLOBE NEWSWIRE) -- Hapbee Technologies , Inc. (TSXV: HAPB) (OTCQB: HAPBF) (FSE: HA1) (“Hapbee” or the “Company”), the digital wellness technology company is pleased to announce that it has completed a non-brokered private placement of units of the Company (“Units”) for aggregate gross proceeds to the Company of CAD$2,785,000 (the “Offering”).

Key Points:

VANCOUVER, British Columbia, March 26, 2024 (GLOBE NEWSWIRE) -- Hapbee Technologies , Inc. (TSXV: HAPB) (OTCQB: HAPBF) (FSE: HA1) (“Hapbee” or the “Company”), the digital wellness technology company is pleased to announce that it has completed a non-brokered private placement of units of the Company (“Units”) for aggregate gross proceeds to the Company of CAD$2,785,000 (the “Offering”).
“This capital enables us to continue to evolve our products and to expand our market presence and manufacturing,” said Yona Shtern, CEO and Executive Chairman of Hapbee.
The Company is also delighted to welcome Jaylen Brown who will join Hapbee as Chief Innovation Officer and Rizwan Shah who will join as Chief Commercial Officer.
The securities offered pursuant to the Offering have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S.

BioXcel Therapeutics Announces $25 Million Registered Direct Offering

Retrieved on:

Monday, March 25, 2024

Common stock, Warrant, Exercise, Form, Artificial intelligence, Sale, Share (finance), Therapy, Security (finance)

The Pre-Funded Warrants have an exercise price of $0.001 per share of Common Stock and are exercisable at any time after the date of issuance, subject to certain ownership limitations.

Key Points:

The Pre-Funded Warrants have an exercise price of $0.001 per share of Common Stock and are exercisable at any time after the date of issuance, subject to certain ownership limitations.
The offering is expected to close on March 27, 2024, subject to customary closing conditions.
Since the offering was made without an underwriter or a placement agent, the Company will not be paying any underwriting discounts or placement agent fees in connection with the offering.
The Shares, Pre-Funded Warrants and Accompanying Warrants were offered pursuant to a shelf registration statement on Form S-3 (File No.

GD Culture Group Limited Announces Registered Direct Offering

Retrieved on:

Saturday, March 23, 2024

Catalysis, Form, S-3, Share (finance), Prospectus, Sale, Security (finance)

The transactions are expected to close on or about March 26, 2024, subject to the satisfaction of customary closing conditions.

Key Points:

The transactions are expected to close on or about March 26, 2024, subject to the satisfaction of customary closing conditions.
The Shares have been registered and the offering is being made pursuant to a shelf registration statement on Form S-3 (File No.
333-254366) previously filed and declared effective by the U.S. Securities and Exchange Commission (“SEC”) on March 26, 2021.
Copies of the prospectus supplement relating to the registered direct offering, together with the accompanying base prospectus, can be obtained at the SEC's website at www.sec.gov .

Faircourt Asset Management Inc. Announces March Distribution

Retrieved on:

Saturday, March 23, 2024

Disclosure, Financial adviser, Fund, Share (finance), NEO Exchange, Security (finance)

Faircourt Asset Management Inc. is the Investment Advisor for Faircourt Gold Income Corp.

Key Points:

Faircourt Asset Management Inc. is the Investment Advisor for Faircourt Gold Income Corp.
This press release is not for distribution in the United States or over United States wire services.
If the Shares are purchased or sold on an exchange, investors may pay more than the current net asset value when buying Shares of the Fund and may receive less than the current net asset value when selling them.
An investment fund must prepare disclosure documents that contain key information about the fund.

Cerro de Pasco Resources Secures Funds for Easement to Start Drilling Program on its “El Metalurgista” Mining Concession in Peru

Retrieved on:

Friday, March 22, 2024

Qiwllaqucha, Mine, Offering, Supreme, PB, SOL, CDPR, Warrant, FRA, Sale, News, Expiration date, Nature, National instrument, Share (finance), Easement, Acceleration, AG, Unit, Ministry, CAD, Mining, Person, Security (finance)

MONTRÉAL, March 22, 2024 (GLOBE NEWSWIRE) -- Cerro de Pasco Resources Inc. (CSE: CDPR) (OTCPK: GPPRF) (FRA: N8HP) (“CDPR” or the “Corporation”) is pleased to announce that it has secured the funds to cover the fee payable in relation to the Legal Easement (the “Easement”). Upon publication of the Supreme Resolution granting the Easement, CDPR will pay SOL 3,647,402.44 or approximately CAD 1,350,000 to a specific bank account of Banco de la Nacion. The two-year Easement will provide CDPR with access to the surface areas corresponding to its El Metalurgista Concession and the Quiulacocha Tailings Project, enabling the Corporation to initiate its 40-hole drilling campaign.

Key Points:

At this time, we are not aware of any additional requirement that should be met for the granting of the easement and no further delays are expected.
With the Minister himself reiterating full support, the signature of the Supreme Resolution is expected imminently.
The enforceability of these rights has been formally confirmed by the General Mining Bureau of Peruvian Ministry of Energy and Mines.
The Quiulacocha Tailings Storage Facility is comprised of processing residues that came from the Cerro de Pasco open pit and underground mine.