Income Tax Act 1967

Generation Mining Announces C$15 Million Bought Deal Financing

Retrieved on:

Friday, October 27, 2023

Sale, Marathon Project, Toronto Stock Exchange, Issue, Haywood, Bookrunner, Offering, Common, United States securities regulation, Unit, Indian stock exchange, Income Tax Act 1967, Marathon, TSX, Income Tax Act, Security (finance)

TORONTO, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Generation Mining Limited (TSX:GENM) ("Gen Mining" or the "Company") is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (“Haywood”) sole underwriter and bookrunner, pursuant to which Haywood has agreed to purchase, on a bought deal basis, (i) 42,858,000 units (the “Units”) in the capital of the Company at a price of C$0.28 per Unit (the “Issue Price”), and (ii) 9,678,000 flow-through units (the “FT Units” and together with the Units, the “Offered Securities”) in the capital of the Company at a price of $0.32 per FT Unit (the “FT Issue Price”) for aggregate gross proceeds to the Company of $15,000,420 (the “Offering”).

Key Points:

Each Unit will consist of one common share (a “Common Share”) in the capital of the Company and one-fifth (1/5) of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”) of the Company.
Each FT Unit will consist of one Common Share that will qualify as a “flow-through share” and one-fifth (1/5) of one Warrant.
The Offered Securities will be offered by way of a short form prospectus to be filed in all provinces of Canada, except Québec.
Securities Act”), and other jurisdictions outside of Canada provided that no prospectus filing or comparable obligation arises.

Civeo Reports Third Quarter 2023 Results

Retrieved on:

Friday, October 27, 2023

Civeo Corporation (NYSE:CVEO) today reported financial and operating results for the third quarter ended September 30, 2023.

Key Points:

Civeo Corporation (NYSE:CVEO) today reported financial and operating results for the third quarter ended September 30, 2023.
During the third quarter of 2023, Civeo produced operating cash flow of $36.8 million, Adjusted EBITDA of $32.9 million and free cash flow of $31.7 million.
During the third quarter of 2023, Civeo invested $9.5 million in capital expenditures compared to $8.8 million invested during the third quarter of 2022.
Civeo will host a conference call to discuss its third quarter 2023 financial results today at 11:00 a.m. Eastern time.

Wallbridge Closes Private Placement of Flow-Through Shares

Retrieved on:

Thursday, October 26, 2023

Sale, Multilateral, Minority, OTCQX, MI, Private, Gold, Private placement, Oil Taxation Act 1975, Barapukuria Coal Mining Company Limited, Walbridge, AEM, Income Tax Act 1967, TSX, Income Tax Act, Security (finance), Agnico Eagle

TORONTO, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF) (“Wallbridge” or the “Company”) is pleased to announce that it has completed a non-brokered private placement of 47,820,000 national flow-through common shares (the “National FT Shares”) and 25,632,666 Québec flow-through common shares (the “Québec FT Shares”) for aggregate gross proceeds of $9,437,910 (the “FT Share Private Placement”). The National FT Shares were issued at a price of $0.125 and the Québec FT Shares were issued at a price of $0.135.

Key Points:

TORONTO, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF) (“Wallbridge” or the “Company”) is pleased to announce that it has completed a non-brokered private placement of 47,820,000 national flow-through common shares (the “National FT Shares”) and 25,632,666 Québec flow-through common shares (the “Québec FT Shares”) for aggregate gross proceeds of $9,437,910 (the “FT Share Private Placement”).
The National FT Shares were issued at a price of $0.125 and the Québec FT Shares were issued at a price of $0.135.
In addition, Agnico Eagle Mines Limited (“Agnico”) has elected to subscribe for 7,926,277 common shares for aggregate gross proceeds of $871,890 (the “AEM Private Placement”, and together with the FT Share Private Placement, the “Private Placements”).
In connection with the FT Share Private Placement, the Company paid a cash finder’s fee other than in respect of subscriptions by president’s list investors.

Stallion Discoveries Corp. Announces Name Change to Stallion Uranium Corp.

Retrieved on:

Thursday, October 12, 2023

Under the name of Stallion Uranium Corp., the Company aims to underscore its focus on uranium exploration in the Athabasca Basin.

Key Points:

Under the name of Stallion Uranium Corp., the Company aims to underscore its focus on uranium exploration in the Athabasca Basin.
The company is driven by a mission to find the next significant uranium discovery and fuel the future with uranium.
"Stallion Uranium Corp. reflects our dedication to advancing our uranium projects in the Athabasca Basin and our commitment to advancing sustainable energy solutions,” expressed Stallion’s CEO, Drew Zimmerman.
The transition from Stallion Discoveries Corp. to Stallion Uranium Corp. will not impact the company's core values or dedication to excellence.

Stallion Discoveries Closes Over-Subscribed Non-Brokered Private Placement Financing for $3.3 Million

Retrieved on:

Wednesday, October 11, 2023

Cloud, TSX Venture Exchange, Unit, STUD, Athabasca Basin, Income Tax Act, FSE, Income Tax Act 1967, News, Offering, Sale, Security (finance)

Each Unit consists of one common share of the Company (each, a “Share”) and one-half of one Warrant.

Key Points:

Each Unit consists of one common share of the Company (each, a “Share”) and one-half of one Warrant.
All securities issued pursuant to the Offering will be subject to a hold period expiring February 11, 2024.
All Qualifying Expenditures will be renounced in favour of the subscribers of the FT Units effective December 31, 2023.
The gross proceeds from the sale of Units will be used by the Company towards non-qualifying exploration expenditures and general working capital.

Mayfair Gold Announces Private Placement Financings

Retrieved on:

Tuesday, October 10, 2023

MFG, Mayfair, CEE, Income Tax Act, Income Tax Act 1967, Offering, Sale, Security (finance), Share (finance)

VANCOUVER, British Columbia, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) today announced the arrangement of a non-brokered private placement financing of 2,381,000 common shares (the “Shares”) at a price per Share of $2.10 for gross proceeds of approximately $5 million, and a concurrent non-brokered private placement financing of 2,040,000 common shares on a flow-through basis (the “FT Shares”) at a price per FT Share of $2.94 (together the “Offering”) for gross proceeds of approximately $6 million.

Key Points:

VANCOUVER, British Columbia, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) today announced the arrangement of a non-brokered private placement financing of 2,381,000 common shares (the “Shares”) at a price per Share of $2.10 for gross proceeds of approximately $5 million, and a concurrent non-brokered private placement financing of 2,040,000 common shares on a flow-through basis (the “FT Shares”) at a price per FT Share of $2.94 (together the “Offering”) for gross proceeds of approximately $6 million.
The FT Share price of $2.94 represents a premium of approximately 38% over the closing price of Mayfair Gold common shares on the TSX.V on October 10, 2023.
The balance will be used to further Mayfair’s successful exploration program at the Fenn-Gib gold project in the Timmins region of Ontario.
The Shares have not been and will not be registered under the U.S. Securities Act, or any state securities laws.

GFL Environmental Inc. Announces Quarterly Dividend

Retrieved on:

Thursday, October 5, 2023

Income Tax Act 1967, NYSE, TSX, The Company, GFL, Income Tax Act, Holding company

VAUGHAN, ON, Oct. 5, 2023 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") today announced that the Board of Directors of the Company has declared a cash dividend of US$0.013 for each outstanding subordinate voting share and multiple voting share of the Company for the third quarter of 2023.

Key Points:

VAUGHAN, ON, Oct. 5, 2023 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") today announced that the Board of Directors of the Company has declared a cash dividend of US$0.013 for each outstanding subordinate voting share and multiple voting share of the Company for the third quarter of 2023.
The cash dividend will be paid on October 31, 2023 to shareholders of record at the close of business on October 16, 2023.
The Company has designated this dividend as an eligible dividend within the meaning of the Income Tax Act (Canada).

Fission Closes $9.2 Million Bought Deal Financing

Retrieved on:

Wednesday, October 4, 2023

Cloud, Exercise, Income Tax Act 1967, FOR, NOT, OR, Person, Red Cloud, Offering, Fission, Income Tax Act, PLS, News, Security (finance)

KELOWNA, BC, Oct. 4, 2023 /CNW/ - FISSION URANIUM CORP. ("Fission" or the "Company") is pleased to announce that it has closed its previously announced "bought deal" public offering consisting of 7,731,092 flow-through common shares of the Company (the "Flow-Through Shares") that will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)), at a price of C$1.19 per Flow-Through Share for gross proceeds of C$9.2 million, inclusive of the full exercise of the over-allotment option held by the Underwriters (the "Offering").

Key Points:

KELOWNA, BC, Oct. 4, 2023 /CNW/ - FISSION URANIUM CORP. ("Fission" or the "Company") is pleased to announce that it has closed its previously announced "bought deal" public offering consisting of 7,731,092 flow-through common shares of the Company (the "Flow-Through Shares") that will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)), at a price of C$1.19 per Flow-Through Share for gross proceeds of C$9.2 million, inclusive of the full exercise of the over-allotment option held by the Underwriters (the "Offering").
Canaccord Genuity Corp. and SCP Resources Financing LP acted as co-lead underwriters on behalf of a syndicate of underwriters including Eight Capital and Red Cloud Securities (collectively, the "Underwriters").
All Qualifying Expenditures will be renounced in favour of the subscribers effective December 31, 2023.
The Offering was completed pursuant to a prospectus supplement to the Company's base shelf prospectus dated November 10, 2021.

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

Retrieved on:

Tuesday, September 12, 2023

Cloud, Exercise, Indian stock exchange, TSX Venture Exchange, FUU, Income Tax Act 1967, Uranium, Athabasca Basin, Foreign Investment in Real Property Tax Act, Underwriting, Sale, Prospectus, National instrument, Offering, Income Tax Act, Wainwright Securities Inc. v. Wall Street Transcript Corp., Security (finance)

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.

Thesis Gold Announces $13 Million Private Placement Financing

Retrieved on:

Thursday, September 7, 2023

NOT, TSX Venture Exchange, Income Tax Act 1967, FOR, Lawyer, Exchange, Sale, Thesis, PEA, Agent, Gold, Offering, Income Tax Act, TSX, TAU, Roc Oil Company, Ranch, Security (finance), Life insurance

VANCOUVER, British Columbia, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Thesis Gold Inc. ("Thesis" or the "Company") (TSXV: TAU | WKN: A3EP87 | OTCQX: THSGF) is pleased to announce that the Company has entered into an agreement with Clarus Securities Inc. as lead agent (the “Lead Agent”) and sole bookrunner (the “Bookrunner”), on behalf of a syndicate of agents (collectively, the “Agents”), in connection with a marketed best efforts private placement of up to approximately C$13 million (the “Offering”).

Key Points:

Following the recent completion of our merger, our primary working capital consisted of hard dollars.
This strategic placement now enables us to utilize much less dilutive flow-through funding.
The Company does not expect that the Offering will result in the creation of any new control person of the Company.
The securities to be issued under this Offering will be offered by way of private placement exemptions in all the provinces of Canada and other jurisdictions as may be agreed between the Company and the Agents.