Casa Minerals Announces Closing of First Tranche of Private Placement
Casa Minerals Inc (TSXV: CASA) (OTC Pink: CASXF) has completed the first tranche of its non-brokered private placement, raising $250,000 through the issuance of 4,545,455 flow-through units at $0.055 per unit. Each unit includes one common share and one-half common share purchase warrant, with 2,272,727 warrants exercisable at $0.075 until March 17, 2027.
The company's President & CEO, Mr. Shrivani, subscribed for all 4,545,455 flow-through units. The proceeds will fund exploration and development activities on Casa's projects in BC, Canada. The securities are subject to a 4-month hold period, and no finder's fees were paid. The private placement completion remains subject to TSX Venture Exchange approval.
Casa Minerals Inc (TSXV: CASA) (OTC Pink: CASXF) ha completato la prima tranche del suo collocamento privato non mediato, raccogliendo $250,000 tramite l'emissione di 4.545.455 unità flow-through a $0.055 per unità. Ogni unità include una azione comune e una mezza opzione di acquisto di azioni comuni, con 2.272.727 opzioni esercitabili a $0.075 fino al 17 marzo 2027.
Il Presidente e CEO dell'azienda, il Sig. Shrivani, ha sottoscritto tutte le 4.545.455 unità flow-through. I proventi finanzieranno le attività di esplorazione e sviluppo sui progetti di Casa in BC, Canada. I titoli sono soggetti a un periodo di blocco di 4 mesi e non sono state pagate commissioni per i mediatori. Il completamento del collocamento privato rimane soggetto all'approvazione della TSX Venture Exchange.
Casa Minerals Inc (TSXV: CASA) (OTC Pink: CASXF) ha completado la primera parte de su colocación privada no mediada, recaudando $250,000 a través de la emisión de 4,545,455 unidades flow-through a $0.055 por unidad. Cada unidad incluye una acción común y media opción de compra de acciones comunes, con 2,272,727 opciones ejercitables a $0.075 hasta el 17 de marzo de 2027.
El Presidente y CEO de la empresa, el Sr. Shrivani, suscribió todas las 4,545,455 unidades flow-through. Los ingresos financiarán las actividades de exploración y desarrollo de los proyectos de Casa en BC, Canadá. Los valores están sujetos a un período de bloqueo de 4 meses y no se pagaron comisiones a intermediarios. La finalización de la colocación privada está sujeta a la aprobación de la TSX Venture Exchange.
Casa Minerals Inc (TSXV: CASA) (OTC Pink: CASXF)는 비중개 방식의 사모 배치 첫 번째 트랜치를 완료하였으며, $250,000를 모금하였습니다. 이는 4,545,455개의 플로우스루 유닛을 각각 $0.055에 발행한 것입니다. 각 유닛은 하나의 보통주와 반 개의 보통주 매수 워런트를 포함하고 있으며, 2,272,727개의 워런트는 2027년 3월 17일까지 $0.075에 행사 가능합니다.
회사의 대통령 겸 CEO인 Shrivani 씨는 모든 4,545,455개의 플로우스루 유닛을 구독하였습니다. 수익금은 캐나다 BC에 있는 Casa의 프로젝트에 대한 탐사 및 개발 활동에 사용될 것입니다. 이 증권은 4개월의 보유 기간이 있으며, 중개 수수료는 지급되지 않았습니다. 사모 배치의 완료는 TSX 벤처 거래소의 승인을 받아야 합니다.
Casa Minerals Inc (TSXV: CASA) (OTC Pink: CASXF) a complété la première tranche de son placement privé non intermédiaire, levant $250,000 par l'émission de 4.545.455 unités flow-through au prix de $0.055 par unité. Chaque unité comprend une action ordinaire et une demi-option d'achat d'actions ordinaires, avec 2.272.727 options exerçables à $0.075 jusqu'au 17 mars 2027.
Le Président et CEO de l'entreprise, M. Shrivani, a souscrit à toutes les 4.545.455 unités flow-through. Les fonds serviront à financer les activités d'exploration et de développement des projets de Casa en Colombie-Britannique, Canada. Les titres sont soumis à une période de blocage de 4 mois et aucune commission de courtage n'a été versée. L'achèvement du placement privé est soumis à l'approbation de la TSX Venture Exchange.
Casa Minerals Inc (TSXV: CASA) (OTC Pink: CASXF) hat die erste Tranche seiner nicht vermittelten Privatplatzierung abgeschlossen und $250,000 durch die Ausgabe von 4.545.455 Flow-Through-Einheiten zu je $0.055 pro Einheit gesammelt. Jede Einheit umfasst eine Stammaktie und eine halbe Kaufoption auf Stammaktien, wobei 2.272.727 Optionen zu $0.075 bis zum 17. März 2027 ausgeübt werden können.
Der Präsident und CEO des Unternehmens, Herr Shrivani, hat alle 4.545.455 Flow-Through-Einheiten gezeichnet. Die Einnahmen werden die Explorations- und Entwicklungsaktivitäten der Casa-Projekte in BC, Kanada, finanzieren. Die Wertpapiere unterliegen einer Haltefrist von 4 Monaten, und es wurden keine Vermittlungsgebühren gezahlt. Der Abschluss der Privatplatzierung steht unter dem Vorbehalt der Genehmigung durch die TSX Venture Exchange.
- Secured $250,000 in new funding for exploration activities
- 100% subscription by CEO demonstrates management confidence
- Two-year warrant term provides potential additional funding at $0.075 per share
- Small offering size indicates funding scope
- Dilutive impact on existing shareholders
- Heavy reliance on insider funding suggests possible external investor interest
Vancouver, British Columbia--(Newsfile Corp. - March 17, 2025) - Casa Minerals Inc. (TSXV: CASA) (OTC Pink: CASXF) (FSE: 0CM) (the "Company" or "Casa"), is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement (the "Offering"). The Company has closed on a total of 4,545,455 flow-through units ("FT Units") at a price of
The FT Units consist of one common share and one-half common share purchase warrant (each full warrant, a "Warrant"). Each of the 2,272,727 Warrants will be exercisable at a price of
Net proceeds from the Offering will be used for exploration and development activities on the Company's projects BC, Canada.
All Flow-through Shares and Warrants comprising the Flow-through Units, will be subject to a 4-month and one day hold period, during which any resale or other transfer will be restricted in accordance with applicable securities laws.
No Finder's Fees were paid on this tranche.
The completion of the private placement remains subject to approval of the TSX Venture Exchange.
This tranche includes the subscription of, Mr. Shrivani, President & CEO of the Company. He subscribed for 4,545,455 flow-through units. As a result, the issuance of Units to Mr. Shirvani is considered to be a related party transaction subject to TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101. Doubleview is relying on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(a) of Multilateral Instrument 61-101 on the basis that participation in the private placement by insiders will not exceed
None of the securities issued in the Offering will be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), and none of them may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any state where such offer, solicitation, or sale would be unlawful.
About Casa Minerals Inc.
The Company is engaged in the acquisition, exploration and development of mineral properties located in Canada and the USA. Casa owns ninety percent (
On Behalf of Board of Directors
Farshad Shirvani, M.Sc. Geology
President and CEO
For more information, please contact:
Casa Minerals Inc.
Farshad Shirvani, President & CEO
Phone: (604) 678-9587
Email: contact@casaminerals.com
https://www.casaminerals.com
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/244956
FAQ
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