Laramide Resources Announces Closing of Upsized $12,000,000 Private Placement
Laramide Resources (OTCQX: LMRXF), a uranium development company, has successfully completed an upsized non-brokered private placement, raising $12 million through the issuance of 20 million common shares at $0.60 per share.
The offering was conducted under the Listed Issuer Financing Exemption, making the shares free from hold periods under Canadian securities laws. The company paid $451,450 in cash commissions and issued 760,750 broker warrants. Notably, company insiders participated in the offering, acquiring 3,428,567 shares.
The proceeds will be used to advance U.S. permitting initiatives, working capital, and general corporate purposes. Red Cloud Securities, SCP Resources Finance LP, and PowerOne Capital Markets Limited acted as advisors and finders for the offering.
Laramide Resources (OTCQX: LMRXF), una società specializzata nello sviluppo di uranio, ha completato con successo un collocamento privato senza intermediari ampliato, raccogliendo 12 milioni di dollari tramite l'emissione di 20 milioni di azioni ordinarie a 0,60 dollari per azione.
L'offerta è stata effettuata in base all'Esenzione per Finanziamenti di Emittenti Quotati, rendendo le azioni esenti da periodi di blocco secondo le leggi canadesi sui titoli. La società ha pagato 451.450 dollari in commissioni in contanti e ha emesso 760.750 warrant per broker. È importante sottolineare che gli insider della società hanno partecipato all'offerta, acquisendo 3.428.567 azioni.
I proventi saranno utilizzati per avanzare nelle iniziative di ottenimento dei permessi negli Stati Uniti, per il capitale circolante e per scopi aziendali generali. Red Cloud Securities, SCP Resources Finance LP e PowerOne Capital Markets Limited hanno agito come consulenti e intermediari per l'offerta.
Laramide Resources (OTCQX: LMRXF), una empresa dedicada al desarrollo de uranio, ha completado con éxito una colocación privada no intermediada ampliada, recaudando 12 millones de dólares mediante la emisión de 20 millones de acciones ordinarias a 0,60 dólares por acción.
La oferta se realizó bajo la Exención de Financiamiento para Emisores Cotizados, lo que hace que las acciones estén libres de periodos de retención según las leyes de valores canadienses. La compañía pagó 451.450 dólares en comisiones en efectivo y emitió 760.750 warrants para corredores. Cabe destacar que los directivos de la empresa participaron en la oferta, adquiriendo 3.428.567 acciones.
Los fondos se destinarán a avanzar en las iniciativas de permisos en EE. UU., capital de trabajo y propósitos corporativos generales. Red Cloud Securities, SCP Resources Finance LP y PowerOne Capital Markets Limited actuaron como asesores y agentes de colocación para la oferta.
Laramide Resources (OTCQX: LMRXF)는 우라늄 개발 회사로서, 중개인 없이 진행된 증액된 사모 유상증자를 성공적으로 마무리하며 1,200만 달러를 주당 0.60달러에 2,000만 보통주 발행을 통해 조달했습니다.
이번 공모는 상장 발행인 금융 면제 규정에 따라 진행되어 캐나다 증권법상 주식에 대한 보유 기간 제한이 없습니다. 회사는 현금 수수료로 451,450달러를 지급했으며 760,750개의 중개인 워런트를 발행했습니다. 특히 회사 내부자들이 3,428,567주를 인수하며 공모에 참여했습니다.
조달된 자금은 미국 내 허가 절차 진행, 운전자본 확보 및 일반 기업 목적에 사용될 예정입니다. Red Cloud Securities, SCP Resources Finance LP, PowerOne Capital Markets Limited가 이번 공모의 자문 및 중개 역할을 맡았습니다.
Laramide Resources (OTCQX : LMRXF), une société spécialisée dans le développement de l'uranium, a réussi à compléter un placement privé sans intermédiaire augmenté, levant 12 millions de dollars par l'émission de 20 millions d'actions ordinaires à 0,60 dollar par action.
L'offre a été réalisée sous l'exemption de financement pour émetteurs cotés, rendant les actions exemptes de périodes de blocage selon les lois canadiennes sur les valeurs mobilières. La société a versé 451 450 dollars en commissions en espèces et émis 760 750 bons de souscription pour courtiers. Il est à noter que des initiés de la société ont participé à l'offre, acquérant 3 428 567 actions.
Les fonds seront utilisés pour faire avancer les initiatives d'autorisation aux États-Unis, pour le fonds de roulement et à des fins générales d'entreprise. Red Cloud Securities, SCP Resources Finance LP et PowerOne Capital Markets Limited ont agi en tant que conseillers et intermédiaires pour cette opération.
Laramide Resources (OTCQX: LMRXF), ein Uran-Entwicklungsunternehmen, hat erfolgreich eine erweiterte, nicht vermittelte Privatplatzierung abgeschlossen und dabei 12 Millionen US-Dollar durch die Ausgabe von 20 Millionen Stammaktien zu 0,60 US-Dollar pro Aktie eingenommen.
Das Angebot erfolgte unter der Ausnahmeregelung für Finanzierungen börsennotierter Emittenten, wodurch die Aktien gemäß kanadischem Wertpapierrecht ohne Haltefristen handelbar sind. Das Unternehmen zahlte 451.450 US-Dollar an Barprovisionen und gab 760.750 Broker-Warrants aus. Bemerkenswert ist, dass Insider des Unternehmens am Angebot teilnahmen und 3.428.567 Aktien erwarben.
Die Erlöse werden zur Förderung von Genehmigungsinitiativen in den USA, als Betriebskapital und für allgemeine Unternehmenszwecke verwendet. Red Cloud Securities, SCP Resources Finance LP und PowerOne Capital Markets Limited fungierten als Berater und Vermittler für das Angebot.
- Successfully raised $12 million through private placement, exceeding initial target
- Strong insider participation with 3,428,567 shares purchased, showing management confidence
- No hold period on shares due to Listed Issuer Financing Exemption, providing immediate liquidity
- Funds secured for advancing late-stage US permitting initiatives
- Dilution of existing shareholders through issuance of 20 million new shares
- Significant cash commission of $451,450 and 760,750 broker warrants issued as transaction costs
Toronto, Ontario--(Newsfile Corp. - July 31, 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, further to its press releases of June 30, 2025 and July 7, 2025, it has completed its non-brokered private placement through the issuance of 20,000,000 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 were 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 was completed pursuant to the Listed Issuer Financing Exemption, the Common Shares issued pursuant to the Offering are not subject to a hold period pursuant to applicable Canadian securities laws.
Red Cloud Securities Inc., and SCP Resources Finance LP acted as advisors in connection with the Offering and PowerOne Capital Markets Limited acted as finders in connection with a portion of the Offering. The Company will use the gross proceeds of the Offering to advance late-stage US permitting initiatives, working capital, and general corporate purposes. In connection with the closing of the Offering, the Company paid certain eligible persons a cash commission in the amount of
The Offering constituted a related party transaction within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101") as insiders of the Company acquired an aggregate of 3,428,567 Common Shares pursuant to the Offering. The Company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(b) and 5.7(1)(a) of MI 61-101, as the Company is not listed on a specified market and the fair market value of the participation in the Offering by the insider does not exceed
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/260807
FAQ
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