CORRECTION: Canoe Mining Ventures Corp. Announces $575,000 Non-Brokered Private Placement
Canoe Mining Ventures Corp. announced a non-brokered private placement of up to 11,500,000 units at $0.05 per Unit to raise gross proceeds of up to $575,000.
Each Unit comprises one common share and one-half of a common share purchase warrant; every whole warrant will allow purchase of one common share at $0.08 until 36 months after issuance. Proceeds are intended for acquisitions and evaluation of mineral exploration properties, advancement of existing projects, and general working capital.
Closing is subject to corporate and TSX Venture Exchange approvals; issued securities will carry a 4-month plus one day hold period and resale restrictions. The offering is not registered for sale in the United States.
Canoe Mining Ventures Corp. ha annunciato un'offerta privata non brokerata di fino a 11.500.000 unità a $0,05 per Unità per raccogliere proventi lordi fino a $575.000.
Ogni Unità comprende una azione ordinaria e una metà di un warrant di acquisto di azione ordinaria; ogni warrant intero permetterà l'acquisto di una azione ordinaria a $0,08 fino a 36 mesi dalla emissione. I proventi sono destinati ad acquisizioni e valutazione di proprietà di esplorazione mineraria, avanzamento di progetti esistenti e capitale circolante generale.
La chiusura è soggetta alle approvazioni societarie e della TSX Venture Exchange; i titoli emessi saranno soggetti a una periodo di lock-up di 4 mesi più un giorno e a restrizioni di rivendita. L'offerta non è registrata per la vendita negli Stati Uniti.
Canowe Mining Ventures Corp. anunció una colocación privada no de corredor de hasta 11,500,000 unidades a $0,05 por Unidad para levantar ingresos brutos de hasta $575,000.
Cada Unidad comprende una acción ordinaria y la mitad de una suscripción de warrant para comprar una acción ordinaria; cada warrant entero permitirá la compra de una acción ordinaria a $0,08 hasta 36 meses después de la emisión. Los ingresos se destinarán a adquisiciones y evaluación de propiedades de exploración mineral, avance de proyectos existentes y capital de trabajo general.
El cierre está sujeto a aprobaciones corporativas y de la TSX Venture Exchange; los valores emitidos tendrán un periodo de reserva de 4 meses más un día y restricciones de reventa. La oferta no está registrada para venta en los Estados Unidos.
Canoe Mining Ventures Corp.은 브로커를 거치지 않는 비공개 배정으로 최대 11,500,000 유닛을 $0.05 유닛당에 발행하여 총모집액이 최대 $575,000에 이를 계획이라고 발표했습니다.
각 유닛은 보통주 1주와 보통주 매수 워런트의 절반으로 구성되며; 하나의 완전한 워런트는 발행일로부터 36개월 동안 보통주를 $0.08에 매수할 수 있습니다. 수익금은 광물 탐사 자산의 취득 및 평가, 기존 프로젝트의 진행, 일반 운전자본에 사용될 예정입니다.
마감은 기업 승인 및 TSX Venture Exchange의 승인을 조건으로 하며; 발행증권은 4개월+1일의 보유기간 및 재매각 제한이 적용됩니다. 이 공모는 미국에서 판매를 위해 등록되지 않았습니다.
Canoe Mining Ventures Corp. a annoncé une placement privé non-broké d'au moins 11 500 000 unités à 0,05 $ par unité pour lever des recettes brutes jusqu'à 575 000 $.
Chaque unité comprend une action ordinaire et la moitié d'un warrant d'achat sur actions ordinaires; chaque warrant entier permettra l'achat d'une action ordinaire à 0,08 $ jusqu'à 36 mois après l'émission. Les produits sont destinés à des acquisitions et à l'évaluation des propriétés d'exploration minérale, à l'avancement des projets existants et au fonds de roulement général.
La clôture est subordonnée aux approbations de la société et de TSX Venture Exchange; les titres émis seront soumis à une période de blocage de 4 mois et un jour et à des restrictions de revente. L'offre n'est pas enregistrée pour la vente aux États-Unis.
Canoe Mining Ventures Corp. kündigte eine nicht-brokerte Privatplatzierung von bis zu 11.500.000 Einheiten zu 0,05 $ pro Einheit an, um Bruttoerlöse von bis zu 575.000 $ zu erzielen.
Jede Einheit besteht aus einer Stammaktie und der Hälfte eines Bezugsrechts auf Stammaktien; jedes ganze Bezugsrecht ermöglicht den Kauf einer Stammaktie zu 0,08 $ bis 36 Monaten nach Ausstellung. Die Erlöse sollen für Erwerbungen und Bewertungen von Mineralexplorationsliegenschaften, die Weiterführung bestehender Projekte und allgemeines Betriebskapital verwendet werden.
Der Abschluss unterliegt den Genehmigungen des Unternehmens und der TSX Venture Exchange; ausgegebene Wertpapiere unterliegen einer Haltefrist von 4 Monaten zuzüglich eines Tages und Wiederverkaufsbeschränkungen. Das Angebot ist nicht registriert für den Verkauf in den Vereinigten Staaten.
شركة كانو مينينغ فنتشرز كورب. أعلنت عن طرح خاص غير وسيط حتى 11,500,000 وحدة بسعر $0.05 للوحدة لجمع إيرادات إجمالية تصل إلى $575,000.
كل وحدة تتكون من سهم عادي واحد ونصف من حق شراء لسهم عادي؛ كل حق شراء كامل سيسمح بشراء سهم عادي بسعر $0.08 حتى 36 شهراً من تاريخ الإصدار. من المتوقع أن تُستخدم العوائد في الاستحواذ وتقييم ممتلكات الاستكشاف المعدني، وتقدم المشاريع القائمة، ورأس المال العامل العام.
الإغلاق رهين موافقات الشركة وتبادل TSX Venture؛ ستخضع الأوراق المالية المصدرة لفترة قفل تبلغ 4 أشهر زائد يوم واحد وقيود إعادة البيع. العرض غير مسجل للبيع في الولايات المتحدة.
- Gross proceeds up to $575,000
- Issuance price set at $0.05 per Unit
- Proceeds earmarked for acquisitions and project advancement
- Warrants priced at $0.08 with a 36-month term
- Issuance of up to 11,500,000 common shares may dilute current shareholders
- Potential issuance of 5,750,000 whole warrants if all halves aggregate and issued
- Securities subject to resale restrictions including 4 months+1 day hold period
Toronto, Ontario--(Newsfile Corp. - November 3, 2025) - Canoe Mining Ventures Corp. (TSXV: CLV) (the "Company") is pleased to announce that it intends to complete a non-brokered private placement through the issuance of up to 11,500,000 units (each, a "Unit") in the capital of the Company at a price of
Each Unit will consist of one common share (each, a "Common Share") in the capital of the Company 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
The Company intends to use the net proceeds from the Offering to acquire and evaluate new mineral exploration properties, advance existing projects, and for general working capital and corporate purposes.
Closing of the Offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of TSX Venture Exchange. All securities issued in connection with the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation.
This press release does not constitute an offer to sell or a solicitation of an offer to buy 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 as defined under applicable United States securities laws unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
About Canoe Mining Ventures Corp.
Canoe Mining Ventures Corp. (TSXV: CLV) is a Canadian mineral exploration company focused on identifying, acquiring, and advancing high-potential exploration assets across Canada. The Company seeks to generate value through strategic property acquisitions, geological evaluation, and disciplined project development in jurisdictions with strong mining frameworks and infrastructure.
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.
Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of applicable Canadian securities legislation, including statements regarding the terms, timing, and completion of the Offering, receipt of regulatory approvals, and the intended use of proceeds. Forward-looking statements are based on certain assumptions and are subject to known and unknown risks, uncertainties, and other factors which may cause actual results to differ materially from those expressed or implied. Such risks include, but are not limited to, the ability of the Company to complete the Offering as described, receipt of necessary approvals, exploration and operational risks, general market conditions, and the other risks identified under the headings "Risk Factors" in the Company's interim management's discussion and other disclosure documents available on the Company's profile on SEDAR+ at www.sedarplus.ca. The forward-looking statements contained in this press release are made as of the date hereof, and the Company undertakes no obligation to update or revise publicly any forward-looking statements or information, except as required by law.
ON BEHALF OF THE BOARD
Canoe Mining Ventures Corp.
Scott Kelly
CEO & Director
Tel: +1 (416) 998-4714
Email: info@canoemining.ca
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272946
FAQ
What is Canoe Mining Ventures offering in the November 3, 2025 private placement?
What does each Unit include in the CNMVF private placement?
What are the warrant terms in the CNMVF offering dated November 3, 2025?
How does Canoe Mining plan to use the net proceeds from the offering?
When will closing of the Canoe Mining private placement occur?
Are the securities in the Canoe Mining offering available to U.S. investors?
