CanCambria Energy Corp Announces Private Placement Offering of Units to Raise up to $2,500,000
CanCambria Energy (OTCQB: CCEYF) has announced a non-brokered private placement offering to raise up to CAD$2.5 million through the issuance of up to 4,807,693 units at $0.52 per unit.
Each unit consists of one common share and one warrant, with warrants exercisable at $0.75 per share for three years. The company may pay a 6% finder's fee in cash and 6% in non-transferable finder's warrants. The proceeds will be used for the Kiskunhalas Hydrocarbon Concession Area contract agreement with the Hungarian Ministry of Energy and general working capital purposes.
The offering is expected to close around July 15, 2025, subject to regulatory approvals. Company insiders may participate in the offering, constituting a related party transaction under MI 61-101.
CanCambria Energy (OTCQB: CCEYF) ha annunciato un'offerta privata non intermediata per raccogliere fino a 2,5 milioni di CAD tramite l'emissione di un massimo di 4.807.693 unità al prezzo di 0,52$ per unità.
Ogni unità è composta da un'azione ordinaria e da un warrant, con i warrant esercitabili a 0,75$ per azione per tre anni. La società potrà corrispondere una commissione di collocamento del 6% in contanti e un ulteriore 6% in warrant non trasferibili. I proventi saranno destinati all'accordo contrattuale per l'area di concessione di idrocarburi di Kiskunhalas con il Ministero dell'Energia ungherese e a scopi generali di capitale circolante.
L'offerta dovrebbe concludersi intorno al 15 luglio 2025, soggetta alle approvazioni regolamentari. I dirigenti della società potranno partecipare all'offerta, configurando una transazione con parti correlate ai sensi del MI 61-101.
CanCambria Energy (OTCQB: CCEYF) ha anunciado una colocación privada sin intermediarios para recaudar hasta 2,5 millones de dólares canadienses mediante la emisión de hasta 4.807.693 unidades a 0,52 dólares por unidad.
Cada unidad consta de una acción común y un warrant, con warrants ejercitables a 0,75 dólares por acción durante tres años. La compañía podrá pagar una comisión de intermediación del 6% en efectivo y un 6% en warrants no transferibles. Los fondos se utilizarán para el acuerdo contractual del área de concesión de hidrocarburos de Kiskunhalas con el Ministerio de Energía de Hungría y para fines generales de capital de trabajo.
Se espera que la oferta cierre alrededor del 15 de julio de 2025, sujeta a aprobaciones regulatorias. Los directivos de la empresa podrán participar en la oferta, constituyendo una transacción con partes relacionadas conforme a MI 61-101.
CanCambria Energy (OTCQB: CCEYF)는 중개인 없이 진행하는 사모 발행을 통해 250만 캐나다 달러까지 자금을 조달하기 위해 4,807,693 단위를 단위당 0.52달러에 발행한다고 발표했습니다.
각 단위는 보통주 1주와 워런트 1개로 구성되며, 워런트는 주당 0.75달러로 3년간 행사 가능합니다. 회사는 현금으로 6%의 중개 수수료와 양도 불가능한 중개 워런트 6%를 지급할 수 있습니다. 조달 자금은 헝가리 에너지부와 체결한 키스쿤할라스 탄화수소 광구 계약과 일반 운전자본 목적으로 사용됩니다.
본 발행은 규제 승인에 따라 2025년 7월 15일경 마감될 예정입니다. 회사 내부자도 참여할 수 있으며, 이는 MI 61-101에 따른 관련자 거래에 해당합니다.
CanCambria Energy (OTCQB : CCEYF) a annoncé une offre privée sans intermédiaire visant à lever jusqu'à 2,5 millions de dollars canadiens par l'émission de jusqu'à 4 807 693 unités au prix de 0,52 $ par unité.
Chaque unité comprend une action ordinaire et un bon de souscription, les bons étant exerçables à 0,75 $ par action pendant trois ans. La société peut verser une commission de recherche de 6 % en espèces et 6 % en bons de souscription non transférables. Les fonds seront utilisés pour l'accord contractuel de la zone de concession d'hydrocarbures de Kiskunhalas avec le ministère hongrois de l'Énergie et pour des besoins généraux de fonds de roulement.
L'offre devrait se clôturer aux alentours du 15 juillet 2025, sous réserve des approbations réglementaires. Les initiés de la société peuvent participer à l'offre, constituant une opération avec des parties liées selon le MI 61-101.
CanCambria Energy (OTCQB: CCEYF) hat eine nicht vermittelte Privatplatzierung angekündigt, um bis zu 2,5 Millionen CAD durch die Ausgabe von bis zu 4.807.693 Einheiten zu je 0,52 CAD pro Einheit zu beschaffen.
Jede Einheit besteht aus einer Stammaktie und einem Warrant, wobei die Warrants für drei Jahre zum Preis von 0,75 CAD pro Aktie ausgeübt werden können. Das Unternehmen kann eine Vermittlungsgebühr von 6 % in bar und 6 % in nicht übertragbaren Vermittlungs-Warrants zahlen. Die Erlöse werden für den Vertrag über das Kiskunhalas Hydrocarbon Concession Area mit dem ungarischen Energieministerium und für allgemeine Betriebskapitalzwecke verwendet.
Das Angebot soll voraussichtlich um den 15. Juli 2025 abgeschlossen werden, vorbehaltlich behördlicher Genehmigungen. Insider des Unternehmens können an dem Angebot teilnehmen, was eine Transaktion mit verbundenen Parteien gemäß MI 61-101 darstellt.
- Potential to raise up to CAD$2.5 million in fresh capital
- Three-year warrant coverage at $0.75 provides additional upside potential
- Proceeds will fund strategic Kiskunhalas Hydrocarbon Concession contract
- Offering price of $0.52 per unit may represent dilution for existing shareholders
- Additional dilution possible through 6% finder's warrants
- Four-month hold period restricts immediate liquidity for new securities
Vancouver, British Columbia--(Newsfile Corp. - July 8, 2025) - CanCambria Energy Corp. (TSXV: CCEC) (FSE: 4JH) (OTCQB: CCEYF) ("CanCambria" or the "Company") is pleased to announce that it intends to issue up to 4,807,693 units (each a "Unit") at a price of
Each Unit will be comprised of one common share (each, a "Share") and one share purchase warrant (each, a "Warrant"). Each Warrant will entitle the holder to acquire one additional common share (each, a "Warrant Share") of the Company at an exercise price of
The Company may pay registered persons a finder's fee comprised of
The Units will be offered pursuant to available prospectus exemptions set out under applicable securities laws and instruments, including National Instrument 45-106 - Prospectus Exemptions.
It is expected that certain Insiders (as such term is defined under the policies of the TSX Venture Exchange (the "Exchange")) of the Company may participate in the Offering. The participation of Insiders in the Offering will constitute a "related party transaction" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company intends to rely on exemptions from the formal valuation and minority shareholder approval requirements provided under subsections 5.5(a) and 5.7(a) of MI 61-101 on the basis that participation in the Offering by Insiders will not exceed
The Offering may close in one or more tranches as subscriptions are received. The Securities will be subject to a hold period of four months and one day from the date of issuance. Closing of the Offering, which is expected to occur on or about July 15, 2025, will be subject to satisfaction of certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals, including approval by the Exchange.
The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or any state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act), except pursuant to an exemption from the registration requirements of those laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction other than as specified herein, including the United States or for the account or benefit of U.S. persons (as such term is defined in Regulation S under the 1933 Act).
The Company intends to use the net proceeds from the Offering to pay the concession fee per the contract agreement for the Kiskunhalas Hydrocarbon Concession Area with the Hungarian Ministry of Energy and for general working capital and administration purposes.
About CanCambria Energy Corp.
CanCambria Energy Corp. is a Canadian-based exploration and production company specializing in tight gas development. With a globally experienced leadership team, CanCambria focuses on high-quality, de-risked projects with direct access to profitable markets. Leveraging industries' most advanced technologies they aim to commercialize their flagship asset, the
For additional inquiries, please reach out to:
| Paul Clarke PhD CEO & President paul.clarke@cancambria.com Chris Beltgens VP, Corporate Development chris.beltgens@cancambria.com | Investor Relations - North America KIN Communications Inc. 604-684-6730 ccec@kincommunications.com Email: info@CanCambria.com Website: www.CanCambria.com |
CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS
Neither the 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.
Certain information other than statements of historical facts contained in this news release constitutes "forward-looking information" or "forward-looking statements" (collectively, "forward-looking information"). Without limiting the foregoing, such forward-looking information includes statements regarding the Offering, Company's business plans, expectations, capital costs and objectives. In this news release, words such as "may", "would", "could", "will", "likely", "believe", "expect", "anticipate", "intend", "plan", "estimate" and similar words and the negative form thereof are used to identify forward-looking information. Forward-looking information should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Forward-looking information is based on information available at the time and/or the Company management's good faith belief with respect to future events and is subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Company's control. The forward-looking information set forth herein reflects the Company's expectations as at the date of this news release and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258049
FAQ
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