Section 50C of the Isle of Man Income Tax Act 1970

Brixton Metals Private Placement Over-Subscribed

Retrieved on: 
Monday, November 6, 2023

VANCOUVER, British Columbia, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce that, due to overwhelming interest, the Company's non-brokered private placement previously announced on October 30, 2023 (the "Offering") has been over-subscribed.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce that, due to overwhelming interest, the Company's non-brokered private placement previously announced on October 30, 2023 (the "Offering") has been over-subscribed.
  • The Purchasers will have the benefit of the offering document and the rights provided under the Listed Issuer Financing Exemption.
  • All statements other than statements of historical fact included herein are forward-looking statements, including, without limitation, statements regarding potential quantity and/or grade of minerals, potential size and expansion of a mineralized zone, proposed timing of exploration and development plans, proposed timing for completion of the Private Placement, the expected number of Common Shares to be issued and gross proceeds of the Private Placement, and the use of proceeds of the Private Placement.
  • Brixton does not undertake to update any forward-looking information except in accordance with applicable securities laws.

Brunswick Exploration Announces Non-Brokered Private Placement of $5M

Retrieved on: 
Tuesday, October 31, 2023

MONTREAL, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; “BRW” or the “Company”) is pleased to announce a non-brokered private placement (the "Offering") to raise gross proceeds of up to $5,000,000 from the sale of the following:

Key Points: 
  • Killian Charles, President & CEO of BRW, commented: “Over the previous weeks, we have identified multiple spodumene bearing outcrops at Mirage and our inaugural drilling campaign has barely begun testing the potential of the Project.
  • With initial drill results forthcoming, this financing will enable the Company to continue its aggressive drilling campaign at Mirage into Q1 2024 and beyond.
  • The Offered Shares will be subject to a statutory four month and one day hold period.
  • This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

Troilus Announces $15 Million Bought Deal Offering

Retrieved on: 
Monday, October 30, 2023

MONTREAL, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Troilus Gold Corp. (“Troilus” or the “Company”, TSX: TLG, OTCQX: CHXMF) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (“Haywood”), on behalf of themselves and a syndicate of underwriters to be formed (collectively, together with Haywood, the “Underwriters”) pursuant to which the Underwriters have agreed to purchase, on a bought deal public offering basis, (i) 28,580,000 units of the Company (the “Units”) at a price of C$0.35 per Unit (the “Unit Issue Price”), (ii) 7,150,000 traditional flow-through shares of the Company (the “FT Shares”) at a price of C$0.42 per FT Share (the “FT Issue Price”); and (iii) 4,550,000 Québec flow-through shares of the Company (the “QFT Shares” and together with the Units and FT Shares, the “Offered Securities”) at a price of C$0.44 per QFT Share (the “QFT Issue Price”), representing total gross proceeds to the Company of C$15,008,000 (the “Offering”).

Key Points: 
  • All Qualifying Expenditures will be renounced in favour of the subscribers of the FT Shares and QFT Shares effective December 31, 2023.
  • The net proceeds from the sale of the Units will be used by the Company to fund exploration and development at the Company’s Troilus gold project, and for working capital and general corporate purposes.
  • The Offered Securities will be offered by way of short form prospectus in each of the provinces of Canada, pursuant to National Instrument 44-101 – Short Form Prospectus Distributions.
  • The Offering is scheduled to close on or about November 20, 2023, subject to customary closing conditions, including receipt of all necessary approvals including the approval of the Toronto Stock Exchange (“TSX”).

Brixton Metals Announces Private Placement of up to $10 Million

Retrieved on: 
Monday, October 30, 2023

VANCOUVER, British Columbia, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce a non-brokered private placement offering (the “Offering”) from the sale of a combination of the following for gross proceeds of up to $10,000,000:

Key Points: 
  • The proceeds raised from the sale of the Units will be used by the Company for general corporate purposes.
  • The anticipated closing of the private placement is November 15, 2023.
  • Brixton does not undertake to update any forward-looking information except in accordance with applicable securities laws.
  • Persons unless registered under the U.S. Securities Act and applicable state securities laws, unless an exemption from such registration is available.

Traction Uranium Amends LIFE Offering; Announces Additional Private Placement of Flow-Through Units

Retrieved on: 
Saturday, October 28, 2023

CALGARY, Alberta, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Traction Uranium Corp. (CSE: TRAC) (OTCQB: TRCTF) (FRA: Z1K) (the “Company” or “Traction”) announces amendments to the terms of its non-brokered private placement financing pursuant to the listed issuer financing exemption (the “LIFE Exemption”) under Part 5A.2 of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”) previously announced on September 27, 2023 (the “LIFE Offering”); and further announces an additional non-brokered private placement of up to 5,714,285 flow-through units of the Company (the “FT Units”) for gross proceeds of up to $1,000,000 (the “FT Units Offering”).‎

Key Points: 
  • The net proceeds of the LIFE Offering are intended to be used to advance the Company’s three flagship uranium projects in the Athabasca Region and for other general corporate purposes.
  • Finders’ fees may be payable to eligible arm’s length persons with respect to certain subscriptions accepted by the Company.
  • Therefore, the securities issued in connection with the LIFE Offering will not be subject to resale restrictions in accordance with applicable Canadian securities laws.
  • The securities comprising the FT Units will be subject to a hold period expiring four months and one day from the date of the applicable closing of the FT Units Offering.

Nutrien Declares Quarterly Dividend of US$0.53 per Share

Retrieved on: 
Wednesday, November 1, 2023

Nutrien Ltd. (TSX and NYSE: NTR) announced today that its Board of Directors has declared a quarterly dividend of US$0.53 per share payable on January 12, 2024, to shareholders of record on December 29, 2023.

Key Points: 
  • Nutrien Ltd. (TSX and NYSE: NTR) announced today that its Board of Directors has declared a quarterly dividend of US$0.53 per share payable on January 12, 2024, to shareholders of record on December 29, 2023.
  • However, registered shareholders of Nutrien may elect to change the currency of their dividend payments to US dollars or Canadian dollars, as applicable.
  • In addition, Nutrien offers registered shareholders direct deposit by electronic funds transfer for dividend payments.
  • All dividends paid by Nutrien are, pursuant to subsection 89(14) of the Income Tax Act (Canada), designated as eligible dividends.

Archer Exploration Announces Non-Brokered Private Placement

Retrieved on: 
Monday, October 23, 2023

Vancouver, British Columbia--(Newsfile Corp. - October 23, 2023) - Archer Exploration Corp. (CSE: RCHR) (OTCQB: RCHRF) (FSE: 6YR0) (the "Company" or "Archer") is pleased to announce a non-brokered private placement of securities to raise total gross proceeds up to C$1,500,000 (the "Offering").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - October 23, 2023) - Archer Exploration Corp. (CSE: RCHR) (OTCQB: RCHRF) (FSE: 6YR0) (the "Company" or "Archer") is pleased to announce a non-brokered private placement of securities to raise total gross proceeds up to C$1,500,000 (the "Offering").
  • Each NFT Unit will be comprised of one common share in the capital of the Company (a "Common Share") and one non-transferable Common Share purchase warrant (a "Warrant").
  • The net proceeds from the sale of NFT Units will be used for general working capital purposes.
  • Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

TransAlta Corporation Announces Closing of the Acquisition of TransAlta Renewables Inc. and Final Pro Ration

Retrieved on: 
Thursday, October 5, 2023

"The closing of the acquisition of TransAlta Renewables represents a key milestone for TransAlta with our simplified and unified corporate structure positioning the Company well for future success," said John Kousinioris, President and Chief Executive Officer of TransAlta.

Key Points: 
  • "The closing of the acquisition of TransAlta Renewables represents a key milestone for TransAlta with our simplified and unified corporate structure positioning the Company well for future success," said John Kousinioris, President and Chief Executive Officer of TransAlta.
  • "The combined company will unify our assets, capital, and capabilities to enhance cash flow predictability while enhancing our ability to realize future growth."
  • Common shares of TransAlta (the "TransAlta Shares") will continue to trade on both the New York Stock Exchange and the Toronto Stock Exchange under the symbols "TAC" and "TA", respectively.
  • Prior to the Arrangement, TransAlta and its affiliates collectively held 160,398,217 RNW Shares, representing 60.1% of the issued and outstanding RNW Shares, with the remaining 106,510,884 RNW Shares held by RNW Shareholders other than TransAlta and its affiliates.

VM HOTEL ACQUISITION CORP. ANNOUNCES EXTENSION AND REDEMPTION AMOUNT

Retrieved on: 
Thursday, September 28, 2023

Following the receipt of approval of the Shareholders, the board of directors approved the Extension, effective as of September 28, 2023.

Key Points: 
  • Following the receipt of approval of the Shareholders, the board of directors approved the Extension, effective as of September 28, 2023.
  • In connection with the Meeting, VMH provided Shareholders with the opportunity to deposit their Class A Restricted Voting Shares for redemption (the "Redemption").
  • 3,000 Class A Restricted Voting Shares were deposited for redemption in connection with the Extension.
  • VMH is a special purpose acquisition company incorporated under the laws of the Province of British Columbia for the purpose of effecting a qualifying acquisition within a specified period of time.

Azimut Announces Closing of $8.18 Million Bought Deal Private Placement Financing

Retrieved on: 
Thursday, September 28, 2023

LONGUEUIL, Québec, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce that it has closed its previously announced bought deal private placement financing (the “Offering”) for total gross proceeds of approximately $8.18 million, 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 2,082,100 common shares of the Company (the “Hard Dollar Shares”) at a price of $1.05 per Hard Dollar Share, which includes the exercise of the underwriters’ option to purchase 177,300 additional Hard Dollar Shares.

Key Points: 
  • Paradigm Capital Inc. acted as lead underwriter (the “Lead Underwriter”) in connection with the Offering with a syndicate including Red Cloud Securities Inc. (together with the Lead Underwriter, the “Underwriters”).
  • The proceeds from the sale of the Hard Dollar Shares will be used for exploration and for general corporate purposes.
  • All securities issued in connection with the Offering are subject to a statutory hold period in Canada expiring on January 29, 2024.
  • The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S.