Kingfisher Announces Private Placement of up to $1.25 Million
Kingfisher Metals Corp (TSXV:KFR)(OTCQB:KGFMF) has announced a non-brokered private placement offering to raise up to $1.25 million through the sale of units at $0.165 per unit. Each unit comprises one common share and one-half of a transferable share purchase warrant. Each whole warrant can be exercised at $0.30 per share within 24 months of closing.
The proceeds will fund the company's expansion, including the acquisition of the Ball Creek West project from P2 Gold Inc., and general working capital. The offering is subject to regulatory approvals, including TSXV acceptance, and securities will have a four-month hold period. Arm's-length parties may receive finder's fees subject to TSXV approval.
Kingfisher Metals Corp (TSXV:KFR)(OTCQB:KGFMF) ha annunciato un'offerta di collocamento privato non intermediato per raccogliere fino a 1,25 milioni di dollari tramite la vendita di unità a 0,165 dollari per unità. Ogni unità comprende un'azione comune e un mezzo di un warrant per l'acquisto di azioni trasferibile. Ogni warrant intero può essere esercitato a 0,30 dollari per azione entro 24 mesi dalla chiusura.
I proventi finanzieranno l'espansione dell'azienda, inclusa l'acquisizione del progetto Ball Creek West da P2 Gold Inc., e capitale di lavoro generale. L'offerta è soggetta alle approvazioni normative, inclusa l'accettazione da parte del TSXV, e i titoli avranno un periodo di blocco di quattro mesi. Le parti indipendenti possono ricevere commissioni per il finder's fee soggette all'approvazione del TSXV.
Kingfisher Metals Corp (TSXV:KFR)(OTCQB:KGFMF) ha anunciado una oferta de colocación privada no intermediada para recaudar hasta 1,25 millones de dólares a través de la venta de unidades a 0,165 dólares por unidad. Cada unidad consta de una acción común y medio warrant transferible para la compra de acciones. Cada warrant entero puede ejercerse a 0,30 dólares por acción dentro de los 24 meses posteriores al cierre.
Los fondos se destinarán a la expansión de la empresa, incluida la adquisición del proyecto Ball Creek West de P2 Gold Inc., y al capital de trabajo general. La oferta está sujeta a aprobaciones regulatorias, incluida la aceptación por parte del TSXV, y los valores tendrán un período de retención de cuatro meses. Las partes independientes pueden recibir comisiones de intermediación sujetas a la aprobación del TSXV.
킹피셔 메탈스 주식회사 (TSXV:KFR)(OTCQB:KGFMF)는 125만 달러까지 조달하기 위한 비중개 사모주식 공모를 발표했습니다. 유닛당 0.165 달러에 유닛을 판매합니다. 각 유닛은 하나의 보통주와 하나의 전환 가능한 주식 매수 워런트의 절반으로 구성됩니다. 전체 워런트는 마감 후 24개월 이내에 주당 0.30달러에 행사할 수 있습니다.
이 자금은 발 크리크 웨스트 프로젝트의 P2 Gold Inc.로부터 인수를 포함한 회사의 확장을 지원하고 일반 운영 자본으로 사용될 것입니다. 이 공모는 TSXV의 승인 등 규제 승인을 받아야 하며, 증권은 4개월의 보유 기간이 있습니다. 독립된 당사자는 TSXV의 승인 조건에 따라 중개 수수료를 받을 수 있습니다.
Kingfisher Metals Corp (TSXV:KFR)(OTCQB:KGFMF) a annoncé une offre de placement privé non intermédié pour lever jusqu'à 1,25 million de dollars par la vente d'unités à 0,165 dollar par unité. Chaque unité se compose d'une action ordinaire et d'une demi-option de souscription d'actions transférable. Chaque option entière peut être exercée à 0,30 dollar par action dans les 24 mois suivant la clôture.
Les produits serviront à financer l'expansion de l'entreprise, y compris l'acquisition du projet Ball Creek West de P2 Gold Inc., ainsi que le fonds de roulement général. L'offre est soumise à des approbations réglementaires, y compris l'acceptation par le TSXV, et les titres auront une période de blocage de quatre mois. Des parties indépendantes peuvent recevoir des frais de réservation sous réserve de l'approbation du TSXV.
Kingfisher Metals Corp (TSXV:KFR)(OTCQB:KGFMF) hat eine nicht vermittelte Privatplatzierung angekündigt, um bis zu 1,25 Millionen Dollar durch den Verkauf von Einheiten zu einem Preis von 0,165 Dollar pro Einheit zu beschaffen. Jede Einheit besteht aus einer Stammaktie und einem halben übertragbaren Aktienoptionsschein. Jeder gesamte Optionsschein kann innerhalb von 24 Monaten nach Abschluss zu einem Preis von 0,30 Dollar pro Aktie ausgeübt werden.
Die Einnahmen werden die Expansion des Unternehmens finanzieren, einschließlich der Übernahme des Ball Creek West Projekts von P2 Gold Inc. sowie allgemeiner Betriebsmittel. Die Angebot ist regulatorischen Genehmigungen, einschließlich der Genehmigung durch TSXV, unterworfen und die Wertpapiere unterliegen einer viermonatigen Haltedauer. Unabhängige Parteien können Vermittlungsgebühren erhalten, die der Genehmigung durch TSXV unterliegen.
- Raising up to $1.25 million in new capital
- Strategic acquisition of Ball Creek West project
- Potential shareholder dilution through new share issuance
- Units priced at $0.165 represents a discount to market price
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISEMMINATION IN THE UNITED STATES
VANCOUVER, BC / ACCESSWIRE / December 10, 2024 / Kingfisher Metals Corp. (TSXV:KFR)(FSE:970)(OTCQB:KGFMF) ("Kingfisher" or the "Company") is pleased to announce a non-brokered private placement of units (the "Units") at a price of
Each Unit will consist of one common share and one-half of one transferable common share purchase warrant. Each whole warrant will be exercisable to acquire one additional common share of the Company for 24 months from the closing date of the Offering at an exercise price of
The Offering will be made by way of private placement in each of the provinces of Canada pursuant to applicable exemptions from the prospectus requirements.
The net proceeds from the Offering will be used for, but are not limited to, continuing to expand Kingfisher's business, including the acquisition of the Ball Creek West project from P2 Gold Inc., and general working capital purposes.
The Offering is subject to the receipt of all necessary regulatory and other approvals, including, but not limited to, acceptance of the TSX Venture Exchange ("TSXV"). The Units will be subject to a hold period of four months and one day from the closing date of the Offering in accordance with applicable securities laws.
In connection with the Offering, certain arm's-length parties may receive a cash finder's fee payment and/or warrants to purchase common shares in the capital of the Company in consideration of securities that are sold to subscribers introduced by such parties. Any cash finder's fee payment and/or warrants will be subject to the approval of and will be issued in accordance with the rules of, the TSXV.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. 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.
About Kingfisher Metals Corp.
Kingfisher Metals Corp. (https://kingfishermetals.com/) is a Canadian based exploration company focused on copper-gold exploration in the Golden Triangle, British Columbia. The Company has quickly consolidated one of the largest land positions in the region at the contiguous 819 km2 HWY 37 Project. Kingfisher also owns (
For further information, please contact:
Dustin Perry, P.Geo.
CEO and Director
Phone: +1 236 358 0054
E-Mail: info@kingfishermetals.com
Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.
Forward-looking statements in this news release include, among others, statements relating to expectations regarding the expected closing date of the Offering, and other statements that are not historical facts. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others: the Company may require additional financing from time to time in order to continue its operations which may not be available when needed or on acceptable terms and conditions acceptable; compliance with extensive government regulation; domestic and foreign laws and regulations could adversely affect the Company's business and results of operations; the stock markets have experienced volatility that often has been unrelated to the performance of companies and these fluctuations may adversely affect the price of the Company's securities, regardless of its operating performance.
The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
SOURCE: Kingfisher Metals Corp.
View the original press release on accesswire.com
FAQ
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