Offering

Waga Energy successfully raises €52 million in an accelerated bookbuild offering

Retrieved on: 
Wednesday, April 10, 2024
Offering, CMA-CGM, IPO, Climate, EPA, Methane, Renewable natural gas, Commercial code, RNG, Security (finance)

The settlement-delivery of the Offering is expected to occur on March 25, 2024, subject to customary conditions.

Key Points: 
  • The settlement-delivery of the Offering is expected to occur on March 25, 2024, subject to customary conditions.
  • Gross proceeds from the Offering amount to €52 million, and net proceeds amount to approximately €50.2 million.
  • 3,939,394 New Shares will be issued, representing c. 19.2% of the Company’s existing share capital before Offering.
  • By way of illustration, a shareholder holding 1% of the share capital prior to the Offering and which did not participate in the Offering will hold 0.8% after completion of the Offering.

Waga Energy announces the launch of an accelerated bookbuild offering for a minimum amount of €45 million

Retrieved on: 
Wednesday, April 10, 2024
EGM, Natural gas, Growth, Offering, CMA-CGM, Lazard, Partnership, Financial adviser, Sale, IPO, Risk, EPA, Investment, AMF, Calendar, Legal Advisor, Renewable natural gas, Commercial code, RNG, Security (finance)

We now own 20 units in operation, 13 under construction, and with approximately 160 projects in the pipeline.

Key Points: 
  • We now own 20 units in operation, 13 under construction, and with approximately 160 projects in the pipeline.
  • Half of these projects are located in the United States, where we have recently commenced operations at our first facility.
  • This financing will enable us to capitalize on opportunities in this strategic market, where we have won several RFPs in recent months.
  • Waga Energy intends to raise gross proceeds amounting to a minimum of €45 million from the Offering of which €18.3 million have already been committed through the Subscription Commitments.

Teako Minerals Announces Upsize of Its Previously Announced Non-Brokered Private Placement to $580,000

Retrieved on: 
Monday, March 18, 2024
Indian stock exchange, Offering, Sale, Regulation, News, Person

Vancouver, British Columbia--(Newsfile Corp. - March 18, 2024) - TEAKO MINERALS CORP. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce that, in response to strong demand from Scandinavian investors, the Company's non-brokered private placement previously announced on March 14, 2024 (the "Offering") has been upsized.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - March 18, 2024) - TEAKO MINERALS CORP. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce that, in response to strong demand from Scandinavian investors, the Company's non-brokered private placement previously announced on March 14, 2024 (the "Offering") has been upsized.
  • The Offering will now consist of up to 6,444,444 common shares of the Company (the "Common Shares") at a price of $0.09 per Common Share for aggregate gross proceeds of up to $580,000.
  • In connection with the Offering, the Company may pay finder's fees in cash or securities or a combination of both, as permitted by the policies of the Canadian Securities Exchange (the "CSE") and applicable securities laws.
  • Closing of the Offering is subject to certain customary conditions, including, without limitation, approval of the CSE, and the Common Shares will be subject to a four-month and one-day hold period.

Mobile-health Network Solutions Announces Pricing of $9 Million Initial Public Offering

Retrieved on: 
Tuesday, April 9, 2024
Offering, Network, Form, Rajah & Tann, Sale, LLP, Prospectus, Suite, Sidley Austin, Security, Security (finance)

Singapore, April 09, 2024 (GLOBE NEWSWIRE) -- Mobile-health Network Solutions (“MNDR” or the “Company”), a leading telehealth solutions provider in Singapore, today announced the pricing of its firm commitment initial public offering of an aggregate 2,250,000 Class A Ordinary Shares (the “Offering”).

Key Points: 
  • Singapore, April 09, 2024 (GLOBE NEWSWIRE) -- Mobile-health Network Solutions (“MNDR” or the “Company”), a leading telehealth solutions provider in Singapore, today announced the pricing of its firm commitment initial public offering of an aggregate 2,250,000 Class A Ordinary Shares (the “Offering”).
  • The Offering is priced at $4.00 per share (the “Offering Price”).
  • Assuming that the Over-allotment is exercised, the Company is expected to receive gross proceeds amounting to $10.35 million, before deducting underwriting discounts and commissions and estimated offering expenses.
  • Network 1 Financial Securities, Inc. (“Network 1”), a full-service broker/dealer, acted as the sole book-running manager for the Offering.

Rio2 Announces Upsize of Private Placement Up to C$23 Million

Retrieved on: 
Tuesday, April 9, 2024
TSX Venture Exchange, Project, Offering, Rule, Minority, Part, Sale, Regulation, News, National instrument, Issuer, BVL, Security (finance)

VANCOUVER, British Columbia, April 09, 2024 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) is pleased to announce that further to the news release dated April 8, 2024, it has entered into an amending agreement with Eight Capital, as agent, to upsize the previously announced private placement. Pursuant to the upsized offering, the Company will issue up to 59,030,000 common shares of the Company (the “Shares”) at a price of $0.39 per Share (the “Offering Price”) for gross proceeds to the Company of up to $23,021,700 (the “Offering”).

Key Points: 
  • Alex Black, Executive Chairman, stated: “The Company received significant interest from key existing shareholders to participate in financing our Company at this stage of its development, far exceeding the $10 million maximum amount first announced.
  • The LIFE Shares issued to Canadian resident subscribers in the Offering will not be subject to a hold period pursuant to applicable Canadian securities laws.
  • The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the “U.S.
  • Securities Act”) or under any U.S. state securities laws, and may not be offered or sold in the United States or to “U.S.

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

Retrieved on: 
Monday, April 8, 2024
Technical report, Feasibility, TSX Venture Exchange, Growth, Atacama Region, Offering, Rule, Part, Gold, Regulation, Sale, Feasibility study, News, National instrument, QP, Share (finance), Endeavour, File, Agent, MAIG, Oil, RCA, BVL, Mining

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.

i-80 Announces Upsizing of Previously Announced Bought Deal Financing of Units

Retrieved on: 
Monday, April 8, 2024
Indian stock exchange, Unit, National Bank of Canada, TSX, News, Offering, Security (finance)

RENO, Nev., April 08, 2024 (GLOBE NEWSWIRE) -- i-80 Gold Corp. (TSX:IAU) (NYSE:IAUX) (“i-80” or the “Company”) is pleased to announce that as a result of excess demand, it has agreed with the syndicate of underwriters led by National Bank Financial Inc. to increase the size of its previously announced bought-deal financing. i-80 will now issue 60,607,000 units of the Company (“Units”) at a price of C$1.65 per Unit for gross proceeds of C$100,001,550 (the “Offering”). Each Unit is comprised of one common share (each a “Common Share”) and one-half of one Common Share purchase warrant (each whole warrant a “Warrant”). Each Warrant will entitle the holder thereof to purchase one Common Share at a price of C$2.15 for a period of 48 months following the closing of the Offering.

Key Points: 
  • i-80 will now issue 60,607,000 units of the Company (“Units”) at a price of C$1.65 per Unit for gross proceeds of C$100,001,550 (the “Offering”).
  • Each Unit is comprised of one common share (each a “Common Share”) and one-half of one Common Share purchase warrant (each whole warrant a “Warrant”).
  • Each Warrant will entitle the holder thereof to purchase one Common Share at a price of C$2.15 for a period of 48 months following the closing of the Offering.
  • In all other respects, the terms of the Offering and use of proceeds therefrom will remain as previously disclosed in the original press release dated April 8, 2024.

i-80 Announces C$86 Million Bought Deal Public Offering of Units

Retrieved on: 
Monday, April 8, 2024
Indian stock exchange, Offering, News, Toronto Stock Exchange, Prospectus, TSX, Unit, Security (finance)

RENO, Nev., April 08, 2024 (GLOBE NEWSWIRE) -- i-80 Gold Corp. (TSX:IAU) (NYSE:IAUX) (“i-80” or the “Company”) is pleased to announce that it has entered into an agreement with National Bank Financial Inc., as lead underwriter, on behalf of a syndicate of underwriters (collectively, the “Underwriters”) under which the Underwriters have agreed to purchase, on a bought deal basis, 51,882,000 units of the Company (“Units”) at a price of C$1.65 per Unit for gross proceeds of C$85,605,300 (the “Offering”). Each Unit is comprised of one common share (each a “Common Share”) and one-half of one Common Share purchase warrant (each whole warrant a “Warrant”). Each Warrant will entitle the holder thereof to purchase one Common Share at a price of C$2.15 for a period of 48 months following the closing of the Offering.

Key Points: 
  • Each Unit is comprised of one common share (each a “Common Share”) and one-half of one Common Share purchase warrant (each whole warrant a “Warrant”).
  • Each Warrant will entitle the holder thereof to purchase one Common Share at a price of C$2.15 for a period of 48 months following the closing of the Offering.
  • The net proceeds of the Offering, inclusive of the over-allotment option if exercised, will be used to advance the development of the Company’s mineral properties and for general corporate purposes, as more particularly described in the short form prospectus.
  • This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States.

HydroGraph Closes Final Tranche of Oversubscribed Private Placement

Retrieved on: 
Monday, April 8, 2024
Indian stock exchange, Growth, Exercise, Offering, Common, Warrant, Sale, Regulation, News, Hydrograph, Innovation system, Unit, Security (finance)

VANCOUVER, British Columbia, April 08, 2024 (GLOBE NEWSWIRE) -- HydroGraph Clean Power Inc. (CSE: ‎HG) (OTCQB: HGCPF) (the “Company” or “HydroGraph”) is pleased to announce that the Company has completed the final tranche (the “Final Tranche”) of its non-brokered private placement (the “Offering”), previously announced on Oct. 30, 2023. Pursuant to the Final Tranche, the Company issued an aggregate of 11,825,000 units of the Company (the “Units”) for aggregate gross proceeds of C$1,182,500. The Units were offered in U.S. dollars and Canadian dollars at the respective prices of US$0.074 and C$0.10. In total, HydroGraph sold and issued an aggregate of 31,711,856 Units for gross proceeds of approximately C$3.17 million pursuant to the Offering.     

Key Points: 
  • Not for distribution to U.S. newswire services or dissemination in the United States
    VANCOUVER, British Columbia, April 08, 2024 (GLOBE NEWSWIRE) -- HydroGraph Clean Power Inc. (CSE: ‎HG) (OTCQB: HGCPF) (the “Company” or “HydroGraph”) is pleased to announce that the Company has completed the final tranche (the “Final Tranche”) of its non-brokered private placement (the “Offering”), previously announced on Oct. 30, 2023.
  • Pursuant to the Final Tranche, the Company issued an aggregate of 11,825,000 units of the Company (the “Units”) for aggregate gross proceeds of C$1,182,500.
  • The Units were offered in U.S. dollars and Canadian dollars at the respective prices of US$0.074 and C$0.10.
  • In total, HydroGraph sold and issued an aggregate of 31,711,856 Units for gross proceeds of approximately C$3.17 million pursuant to the Offering.

Hapbee Received Commitments for $2.785 Million From Qualified Investors

Retrieved on: 
Friday, April 5, 2024
HA1, TSX Venture Exchange, Offering, CAD, Jaylen

VANCOUVER, British Columbia, April 05, 2024 (GLOBE NEWSWIRE) -- Hapbee Technologies , Inc. (TSXV: HAPB) (OTCQB: HAPBF) (FSE: HA1) (“Hapbee” or the “Company”), the digital wellness technology company has announced on March 26, 2024, that it received commitments for a non-brokered private placement of units of the Company for aggregate gross proceeds to the Company of CAD$2,785,000 (the “Offering”).

Key Points: 
  • VANCOUVER, British Columbia, April 05, 2024 (GLOBE NEWSWIRE) -- Hapbee Technologies , Inc. (TSXV: HAPB) (OTCQB: HAPBF) (FSE: HA1) (“Hapbee” or the “Company”), the digital wellness technology company has announced on March 26, 2024, that it received commitments for a non-brokered private placement of units of the Company for aggregate gross proceeds to the Company of CAD$2,785,000 (the “Offering”).
  • The Company wishes to clarify that the Offering has not closed yet and the closing of the Offering remains subject to the review and final approval of the TSX Venture Exchange.
  • After the closing of the Offering, Jaylen Brown will join Hapbee as Chief Innovation Officer and Rizwan Shah will join as Chief Commercial Officer.