Laramide Resources Announces Private Placement
Laramide Resources (OTCQX: LMRXF), a uranium development and exploration company, has announced a non-brokered private placement offering of up to 16,666,667 common shares at $0.60 per share, aiming to raise gross proceeds of up to $10 million.
Red Cloud Securities Inc. will act as a finder for the offering, and Boss Energy Ltd., which holds a 19.9% stake in Laramide, has committed to maintain its pro-rata share. The offering is being conducted under the Listed Issuer Financing Exemption, meaning the shares will not be subject to a hold period under Canadian securities laws.
The company plans to use the proceeds to advance late-stage US permitting initiatives, working capital, and general corporate purposes. The offering is expected to close around July 14, 2025, subject to regulatory approvals including Toronto Stock Exchange approval.
Laramide Resources (OTCQX: LMRXF), una società di sviluppo ed esplorazione di uranio, ha annunciato un'offerta privata senza intermediari di un massimo di 16.666.667 azioni ordinarie al prezzo di $0,60 per azione, con l'obiettivo di raccogliere proventi lordi fino a 10 milioni di dollari.
Red Cloud Securities Inc. agirà come intermediario per l'offerta, e Boss Energy Ltd., che detiene una partecipazione del 19,9% in Laramide, si è impegnata a mantenere la propria quota proporzionale. L'offerta viene effettuata ai sensi dell'esenzione per finanziamenti di emittenti quotati, il che significa che le azioni non saranno soggette a un periodo di blocco secondo le leggi canadesi sui titoli.
L'azienda prevede di utilizzare i proventi per avanzare nelle iniziative di autorizzazione negli Stati Uniti in fase avanzata, per il capitale circolante e per scopi aziendali generali. La chiusura dell'offerta è prevista intorno al 14 luglio 2025, soggetta alle approvazioni normative, inclusa quella della Borsa di Toronto.
Laramide Resources (OTCQX: LMRXF), una empresa de desarrollo y exploración de uranio, ha anunciado una colocación privada no intermediada de hasta 16.666.667 acciones ordinarias a $0.60 por acción, con el objetivo de recaudar ingresos brutos de hasta $10 millones.
Red Cloud Securities Inc. actuará como buscador para la oferta, y Boss Energy Ltd., que posee una participación del 19.9% en Laramide, se ha comprometido a mantener su proporción. La oferta se realiza bajo la Exención de Financiamiento para Emisores Cotizados, lo que significa que las acciones no estarán sujetas a un período de retención según las leyes de valores canadienses.
La compañía planea usar los ingresos para avanzar en iniciativas de permisos en EE.UU. en etapa avanzada, capital de trabajo y propósitos corporativos generales. Se espera que la oferta cierre alrededor del 14 de julio de 2025, sujeto a aprobaciones regulatorias, incluida la aprobación de la Bolsa de Toronto.
Laramide Resources (OTCQX: LMRXF)는 우라늄 개발 및 탐사 회사로서, 최대 16,666,667주 보통주를 주당 $0.60에 비중개 사모 발행을 통해 최대 1,000만 달러의 총 수익을 조달할 계획이라고 발표했습니다.
Red Cloud Securities Inc.가 이 발행의 파인더 역할을 하며, Laramide의 19.9% 지분을 보유한 Boss Energy Ltd.는 자신의 지분 비율을 유지하기로 약속했습니다. 이번 발행은 상장기업 금융 면제 규정에 따라 진행되어 캐나다 증권법상 주식에 대한 제한 보유 기간이 적용되지 않습니다.
회사는 조달 자금을 미국 내 후기 단계 허가 추진, 운전자본 및 일반 기업 목적에 사용할 계획입니다. 이번 발행은 2025년 7월 14일경에 마감될 예정이며, 토론토 증권거래소 승인 등 규제 승인에 따라 달라질 수 있습니다.
Laramide Resources (OTCQX : LMRXF), une société de développement et d'exploration d'uranium, a annoncé une émission privée sans intermédiaire pouvant aller jusqu'à 16 666 667 actions ordinaires à 0,60 $ par action, visant à lever un produit brut pouvant atteindre 10 millions de dollars.
Red Cloud Securities Inc. agira en tant que chercheur pour l'opération, et Boss Energy Ltd., qui détient une participation de 19,9 % dans Laramide, s'est engagée à maintenir sa part proportionnelle. L'offre est réalisée dans le cadre de l'exemption de financement pour émetteurs cotés, ce qui signifie que les actions ne seront pas soumises à une période de blocage selon la législation canadienne sur les valeurs mobilières.
La société prévoit d'utiliser les fonds pour faire avancer les initiatives d'autorisation avancées aux États-Unis, le fonds de roulement et des fins générales d'entreprise. La clôture de l'offre est prévue aux alentours du 14 juillet 2025, sous réserve des approbations réglementaires, y compris celle de la Bourse de Toronto.
Laramide Resources (OTCQX: LMRXF), ein Unternehmen für Uranentwicklung und -exploration, hat eine nicht vermittelte Privatplatzierung von bis zu 16.666.667 Stammaktien zu je 0,60 $ angekündigt, mit dem Ziel, Bruttoerlöse von bis zu 10 Millionen Dollar zu erzielen.
Red Cloud Securities Inc. wird als Vermittler für das Angebot fungieren, und Boss Energy Ltd., das 19,9 % an Laramide hält, hat sich verpflichtet, seinen anteiligen Anteil beizubehalten. Das Angebot wird unter der Ausnahme für die Finanzierung börsennotierter Emittenten durchgeführt, was bedeutet, dass die Aktien gemäß den kanadischen Wertpapiergesetzen keiner Haltefrist unterliegen.
Das Unternehmen plant, die Erlöse zur Förderung fortgeschrittener US-Genehmigungsinitiativen, als Betriebskapital und für allgemeine Unternehmenszwecke zu verwenden. Der Abschluss des Angebots wird voraussichtlich um den 14. Juli 2025 erfolgen, vorbehaltlich behördlicher Genehmigungen, einschließlich der Zustimmung der Toronto Stock Exchange.
- Boss Energy Ltd. (19.9% shareholder) committed to maintain its pro-rata share, showing major shareholder confidence
- No hold period on shares under Canadian securities laws due to Listed Issuer Financing Exemption
- Proceeds will advance late-stage US permitting initiatives, potentially progressing development timeline
- Dilution of existing shareholders through issuance of up to 16,666,667 new shares
- Offering price of $0.60 per share may represent a discount to market price
Toronto, Ontario--(Newsfile Corp. - June 30, 2025) - Laramide Resources Ltd. (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) ("Laramide" or the "Company"), a uranium mine development and exploration company with globally significant assets in the United States and Australia, is pleased to announce that it has arranged a non-brokered private placement of up to 16,666,667 common shares of the Company (the "Common Shares") at a price of
Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions ("NI 45-106"), the Common Shares will be offered for sale to purchasers resident in Canada and/or other qualifying jurisdictions pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the "Listed Issuer Financing Exemption"). Because the Offering is being completed pursuant to the Listed Issuer Financing Exemption, the Common Shares issued pursuant to the Offering will not be subject to a hold period pursuant to applicable Canadian securities laws.
There is an offering document related to the Offering that can be accessed under the Company's issuer profile on SEDAR+ at www.sedarplus.ca and on the Company's website at www.laramide.com. Prospective investors should read the offering document before making an investment decision.
The Company will use the gross proceeds of the Offering to advance late-stage US permitting initiatives, working capital, and general corporate purposes.
The Offering is scheduled to close on or about July 14, 2025 (the "Closing Date") and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the approval of the Toronto Stock Exchange.
The securities referred to in this news release 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, or for the account or benefit of, "U.S. Persons" (as such term is defined in Regulation S under the U.S. Securities Act) absent such registration or an applicable exemption from the registration requirements of the U.S. Securities Act. This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.
To learn more about Laramide, please visit the Company's website at www.laramide.com or contact:
Marc Henderson, President and CEO
Toronto, Canada +1 (416) 599 7363
Ann Baines, Director, Investor Relations
Toronto, Canada +1 (647) 832-9904
Follow us on Twitter @LaramideRes
About Laramide Resources Ltd.
Laramide is focused on exploring and developing high-quality uranium assets in Tier-1 uranium jurisdictions. The company's portfolio comprises predominantly advanced uranium projects in districts with historical production or superior geological prospectivity. The assets have been carefully chosen for their size and production potential, and the two large development projects are considered to be late-stage, low-technical risk projects. As well, Laramide has expanded its pipeline with strategic exploration in Kazakhstan where the company is exploring over 5,500 km2 of the prolific Chu-Sarysu Basin for world-class roll-front deposits which are amenable to in-situ recovery.
Forward-looking Statements and Cautionary Language
This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "plans", "projects", "intends", "estimates", "envisages", "potential", "possible", "strategy", "goals", "objectives", or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions. Actual results or developments may differ materially from those in forward-looking statements. Laramide disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.
Since forward-looking information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, exploration and production for uranium; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of resource estimates; health, safety and environmental risks; worldwide demand for uranium; uranium price and other commodity price and exchange rate fluctuations; environmental risks; competition; incorrect assessment of the value of acquisitions; ability to access sufficient capital from internal and external sources; and changes in legislation, including but not limited to tax laws, royalties and environmental regulations.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/257277
FAQ
What is the size of Laramide Resources' private placement offering in 2025?
How will LMRXF use the proceeds from the private placement?
When is the expected closing date for Laramide's private placement?
Is Boss Energy participating in Laramide's private placement?
Will the new LMRXF shares be subject to a hold period?
