Foreign Investment in Real Property Tax Act

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

Retrieved on:

Tuesday, October 31, 2023

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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.

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.

Archer Exploration Announces Non-Brokered Private Placement

Retrieved on:

Monday, October 23, 2023

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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.

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.

OPPORTUNITY ZONE HOUSING MARKETS REBOUND IN SECOND QUARTER OF 2023 ALONG WITH REST OF NATION

Retrieved on:

Thursday, August 17, 2023

IRVINE, Calif., Aug. 17, 2023 /PRNewswire/ -- ATTOM, a leading curator of land, property, and real estate data, today released its second-quarter 2023 report analyzing qualified low-income Opportunity Zones targeted by Congress for economic redevelopment in the Tax Cuts and Jobs Act of 2017 (see full methodology below). In this report, ATTOM looked at 3,909 zones around the United States with sufficient data to analyze, meaning they had at least five home sales in the second quarter of 2023.

Key Points:

Values in those areas also dipped from late 2022 into early 2023 before recovering in the second quarter.
By two key measures, Opportunity Zone markets even showed signs of rebounding slightly better than other neighborhoods around the country during the second quarter of this year.
(Among the 3,909 Opportunity Zones included in the report, 3,248 had enough data to generate usable median-price comparisons from the first quarter of 2023 to the second quarter of 2023; 3,704 had enough data to make comparisons between the second quarter of 2022 and the second quarter of 2023).
The Midwest continued in the second quarter of 2023 to have larger portions of the lowest-priced Opportunity Zone tracts.

VOLT LITHIUM SUCCESSFULLY CLOSES FINANCING RAISING $6.8 MILLION

Retrieved on:

Friday, August 4, 2023

Lithium, Unit, HD, Indian stock exchange, Income Tax Act 1967, Private, Tax, VLT, Agency agreement, Foreign Investment in Real Property Tax Act, Sale, Agent, Offering, Setter Capital Inc, Income Tax Act, United States federal budget, Federal budget, Security (finance), Volt

Calgary, Alberta, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Volt Lithium Corp. (TSXV: VLT) ("Volt" or the "Company") is pleased to announce that it has successfully raised $6.8 million under its previously announced financing (the “Offering”).

Key Points:

Calgary, Alberta, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Volt Lithium Corp. (TSXV: VLT) ("Volt" or the "Company") is pleased to announce that it has successfully raised $6.8 million under its previously announced financing (the “Offering”).
Volt was also advised on the Offering by 3L Capital Inc.
Under the public offering, Volt issued 14,956,590 units ("HD Units") at a price of $0.22 per HD Unit and 11,262,500 flow-through units ("FT Units") at a price of $0.24 per FT Unit and, raising gross proceeds of approximately $6 million.
Through both the Offering and Concurrent Private Placement, Volt raised gross proceeds of approximately $6.8 million.

VOLT LITHIUM ANNOUNCES FILING OF PROSPECTUS SUPPLEMENT IN RESPECT OF $6 MILLION MARKETED PUBLIC OFFERING OF UNITS AND ANNOUNCES $1.2 MILLION CONCURRENT PRIVATE PLACEMENT OF UNITS

Retrieved on:

Friday, July 28, 2023

Canaccord Genuity Corp. (“Canaccord Genuity”) are leading the Offering on behalf of a syndicate of agents including Paradigm Capital Inc. (collectively, the “Agents”).

Key Points:

Canaccord Genuity Corp. (“Canaccord Genuity”) are leading the Offering on behalf of a syndicate of agents including Paradigm Capital Inc. (collectively, the “Agents”).
Each Warrant will entitle the holder to purchase one Common Share at an exercise price of $0.33 for 24 months following the completion of the Offering.
If the Over-Allotment Option is exercised in full, the aggregate gross proceeds of the Offering will be $6,900,000.
The aggregate gross proceeds from the Offering (assuming full exercise of the Over-Allotment Option) and the Concurrent Private Placement will be approximately $8,100,000.

Nighthawk Gold Announces C$10.6 Million Bought Deal Private Placement

Retrieved on:

Monday, July 17, 2023

HD, NOT, Income Tax Act 1967, FOR, NHK, Toronto Stock Exchange, HD share, Person, OR, Foreign Investment in Real Property Tax Act, Underwriting, Offering, OTCQX, Income Tax Act, TSX, News, Security (finance), Life insurance

TORONTO, July 17, 2023 (GLOBE NEWSWIRE) -- Nighthawk Gold Corp. (“Nighthawk” or the “Company”) (TSX: NHK; OTCQX: MIMZF) announces that it has entered into an agreement, with a syndicate of underwriters sole-led by National Bank Financial Inc. (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, or arrange for substitute purchasers to purchase, (i) 11,250,000 common shares of the Company (“HD Shares”) at a price of C$0.40 per HD Share, and (ii) 13,250,000 common shares of the Company issued on a flow-through basis (the “FT Shares”) and together with the HD Shares, the “Offered Securities”) at a price of C$0.46 per FT Share, for aggregate gross proceeds of C$10,595,000, on a bought deal private placement basis (the “Offering”). The Company has also granted the Underwriters an option to purchase up to an additional 6,449,000 shares of either the HD Shares or FT Shares or combination thereof with the same terms as the Offering, to be exercised in whole or in part at the sole discretion of the Underwriters, at any time up until two business days prior to the Closing Date.

Key Points:

The aggregate net proceeds raised from the HD Shares will be used to fund ongoing project development expenditures, and for working capital and general corporate purposes.
In consideration for their services, the Underwriters will receive a cash commission equal to 6.50% of the gross proceeds of the Offering.
Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S.
Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Gladiator Metals Announces Closing of Second Tranche of Private Placement for Total of $6.8 Million

Retrieved on:

Friday, July 7, 2023

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VANCOUVER, British Columbia, July 07, 2023 (GLOBE NEWSWIRE) -- Gladiator Metals Corp. (TSXV: GLAD / OTC Markets: GDTRF / FSE: ZX7) (“Gladiator” or the “Company”), is pleased to announce that it has closed the second tranche of its previously announced brokered private placement offering (the “Offering”) consisting of 5,908,728 flow-through units of the Company sold to charitable purchasers (the “Charity FT Units”) at a price of $0.7975 per Charity FT Unit for gross proceeds of approximately $4.7 million. The Offering was led by Research Capital Corporation as lead agent and sole bookrunner (the “Lead Agent”), on behalf of a syndicate of agents, including Beacon Securities Limited (together with the Lead Agent, the “Agents”). The aggregate gross proceeds to the Company from the completion of the first and second tranche of the Offering is approximately $6.8 million.

Key Points:

The aggregate gross proceeds to the Company from the completion of the first and second tranche of the Offering is approximately $6.8 million.
Each Warrant entitles the holder thereof to acquire one Common Share at an exercise price of $0.90, for a period of 24 months following the closing of the Offering.
Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S.
Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Radisson Announces Closing of $2.3 Million Private Placement

Retrieved on:

Thursday, June 29, 2023

ROUYN-NORANDA, Quebec, June 29, 2023 (GLOBE NEWSWIRE) -- Radisson Mining Resources Inc. (TSX-V: RDS, OTC: RMRDF) (“Radisson” or the “Corporation") is pleased to announce that it has closed its previously announced non-brokered private placement with investors relying on prospectus exemption pursuant to Regulation 45-106 respecting Prospectus Exemptions, for aggregate gross proceeds of $2,305,421.58 (the “Offering”).

Key Points:

Each Unit is comprised of Common Share and one-half of a Common Share purchase warrant (each whole Common Share purchase warrant, a “Unit Warrant”).
Each Warrant will entitle the holder thereof to acquire one additional Common Share for a period of 18 months from the closing of the Offering (the “Closing”) at a price of $0.27.
The project hosts the former O’Brien Mine, considered to have been Québec’s highest-grade gold producer during its production.
For more information on Radisson, visit our website at www.radissonmining.com or contact: