Company Announces Additional Warrant Issuance

  • 📰 mining
  • ⏱ Reading Time:
  • 13 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 53%

Financial 뉴스

Warrant Issuance,Private Placement,Acceleration Clause

The Company is pleased to announce an additional issuance of warrants due to increased interest in its private placement. Each warrant allows the holder to purchase an additional common share at $0.15 for 60 months. The warrants include an acceleration clause that may trigger an earlier expiry date if the average closing price of common shares reaches $0.50 for five consecutive days. The net proceeds will be used to repay debt incurred during the acquisition of Goodsprings Exploration LLC and its Copper Chief Project, exploration in Nevada, and general working capital.

") is pleased to announce, due to increased interest in its ongoing private placement, that it will conducting an additional issuance of"). Each whole Warrant will entitle the holder to acquire an additional Common Share at an exercise price of $0.15 for a period of sixty months from the date of issuance. The Warrants will include an acceleration clause stating that if the daily volume-weighted average closing price of the Common Shares on the TSX Venture Exchange is at least $0.

The Company anticipates closing the Offering on or about December 20, 2024. All securities issued pursuant to the Offering will be subject to a statutory hold period of four months and one day in accordance with applicable securities laws.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 449. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Company Announces Share Consolidation Ratio of 3.3:1The Company has announced a share consolidation plan where every three and one-third (3 1/3) pre-consolidated common shares will be consolidated into one (1) post-consolidated common share. This move, approved by the board of directors, will reduce the number of issued and outstanding common shares from 70,930,153 to approximately 21,493,985. The consolidation will not require shareholder approval and will not result in fractional shares.
출처: mining - 🏆 449. / 53 더 많은 것을 읽으십시오 »

Warner Bros. Discovery shares surge 15% after company announces linear, streaming restructuringWBD on Thursday announced a restructuring plan to segment its business into linear and streaming units in a move that could simplify future consolidation.
출처: nbcchicago - 🏆 545. / 51 더 많은 것을 읽으십시오 »

Company Announces Financing for Tetepisca Graphite PropertyThe company announced a private placement offering of flow-through units to finance Canadian exploration expenses related to its Tetepisca Graphite Property in Quebec.
출처: mining - 🏆 449. / 53 더 많은 것을 읽으십시오 »

Boeing announces layoffs across Florida as mounting concerns about the company continue to growBoeing will be laying off 141 employees across Florida starting in January 2025, according to a Worker Adjustment and Retraining Notification Act letter.
출처: FoxBusiness - 🏆 458. / 53 더 많은 것을 읽으십시오 »