Lodestar Metals Upsizes Private Placement to $1.5M
Lodestar Metals (OTCQB: SVTNF) has increased its previously announced private placement to C$1,500,000 at C$0.075 per Unit, for up to 20,000,000 Units. Each Unit comprises one common share and one-half warrant; each whole warrant allows purchase of one share at $0.12 for two years.
The Company can accelerate the warrant expiry if the volume-weighted average price reaches $0.15 for a consecutive 10 trading day period, with acceleration effective 30 days after notice. Finder fees of up to 6% cash plus 6% warrants may be paid. Proceeds are for exploration and drilling on the Goldrun Project in Nevada and for working capital. Securities will be restricted from resale for four months and one day. The Offering is subject to TSX Venture Exchange acceptance.
Lodestar Metals (OTCQB: SVTNF) ha aumentato la precedente offerta privata annunciata a C$1,500,000 a C$0.075 per unità, per un massimo di 20,000,000 unità. Ogni unità è composta da una azione ordinaria e una metà di warrant; ogni warrant intero permette l'acquisto di una azione a $0.12 per due anni. La società può accelerare la scadenza dei warrant se il prezzo medio ponderato per volume raggiunge $0.15 per un periodo consecutivo di 10 giorni di negoziazione, con l'accelerazione efficace 30 giorni dopo l'avviso. Le commissioni di intermediazione fino a 6% in contanti più 6% in warrant possono essere pagate. I proventi sono destinati all'esplorazione e al perforamento sul Goldrun Project in Nevada e al capitale circolante. I titoli saranno soggetti a restrizioni di rivendita per quattro mesi e un giorno. L'offerta è soggetta all'accettazione da parte dello TSX Venture Exchange.
Lodestar Metals (OTCQB: SVTNF) ha aumentado su colocación privada previamente anunciada a C$1,500,000 a C$0.075 por unidad, para hasta 20,000,000 de unidades. Cada unidad comprende una acción ordinaria y media warrant; cada warrant completo permite la compra de una acción a $0.12 por dos años. La Compañía puede acelerar el vencimiento de los warrants si el precio medio ponderado por volumen alcanza $0.15 durante un periodo consecutivo de 10 días de negociación, con la aceleración efectiva 30 días después del aviso. Las comisiones de finder de hasta 6% en efectivo más 6% en warrants pueden pagarse. Los ingresos son para exploración y perforación en el Goldrun Project en Nevada y para capital de trabajo. Los valores estarán restringidos para reventa por cuatro meses y un día. La oferta está sujeta a la aceptación de la TSX Venture Exchange.
Lodestar Metals (OTCQB: SVTNF)은 이전에 발표된 비공개 배치를 C$1,500,000으로 확장하고 단위당 C$0.075에 최대 20,000,000단위로 정했습니다. 각 단위는 보통주 한 주와 1/2 워런트로 구성되며, 전체 워런트 하나는 2년 동안 주당 0.12달러로 매수할 수 있습니다. 회사는 거래일 10일 연속 동안 거래가 가중 평균가가 0.15달러에 도달하면 워런트 만료를 가속할 수 있으며, 가속은 통지 후 30일에 발효됩니다. 찾기 수수료로 현금 최대 6%와 6%의 워런트가 지급될 수 있습니다. 수익은 네바다주 골드런 프로젝트의 탐사 및 시추와 운전자본에 사용됩니다. 증권은 재매도 제한이 4개월 1일 동안 적용됩니다. 본 공모는 TSX Venture Exchange의 승인을 필요로 합니다.
Lodestar Metals (OTCQB: SVTNF) a porté son placement privé précédemment annoncé à C$1,500,000 au prix de C$0,075 par unité, pour un maximum de 20,000,000 unités. Chaque unité comprend une action ordinaire et une demi- warrant; chaque warrant entier permet d’acheter une action à 0,12 $ pendant deux ans. La société peut accélérer l’échéance des warrants si le cours moyen pondéré par le volume atteint 0,15 $ sur une période de 10 jours de négociation consécutifs, l’accélération prenant effet 30 jours après l’avis. Des frais de prospecteurs jusqu’à 6% en espèces plus 6% en warrants peuvent être versés. Les produits sont destinés à l’exploration et au forage sur le Goldrun Project au Nevada et au fonds de roulement. Les titres seront restreints à la revente pour quatre mois et un jour. L’offre est soumise à l’acceptation par le TSX Venture Exchange.
Lodestar Metals (OTCQB: SVTNF) hat seine zuvor angekündigte Privatplatzierung auf C$1,500,000 zu C$0,075 pro Unit erhöht, für bis zu 20,000,000 Units. Jede Unit besteht aus einer Stammaktie und einer halben Warrant; jeder ganze Warrant erlaubt den Kauf einer Aktie zu 0,12 $ über zwei Jahre. Die Gesellschaft kann die Auslauffrist der Warrants beschleunigen, wenn der volumengewichtete Durchschnittspreis über einen aufeinanderfolgenden Zeitraum von 10 Handelstagen 0,15 $ erreicht, wobei die Beschleunigung 30 Tage nach der Mitteilung wirksam wird. Vermittlergebühren bis zu 6% in bar zuzüglich 6% Warrants können gezahlt werden. Die Erlöse dienen der Exploration und dem Bohren im Goldrun-Projekt in Nevada sowie dem Working Capital. Wertpapiere sind nach vier Monaten und einem Tag vom Weiterverkauf eingeschränkt. Das Angebot bedarf der Zustimmung der TSX Venture Exchange.
Lodestar Metals (OTCQB: SVTNF) زادت من ترتيبها الخاص السابق الإعلان عليه إلى C$1,500,000 بسعر C$0.075 لكل وحدة، حتى 20,000,000 وحدة كحد أقصى. كل وحدة تتكون من سهم عادي ونصف Warrants؛ كل warrant كامل يسمح بشراء سهم بسعر $0.12 لمدة عامين. يمكن للشركة تسريع تاريخ انتهاء Warrants إذا وصل السعر المتوسط المرجح بالحجم إلى $0.15 خلال فترة تداول متتالية تبلغ 10 أيام، وتصبح السرعة سارية المفعول بعد 30 يوماً من الإخطار. قد يتم دفع عمولات المكتشفين حتى 6% نقداً بالإضافة إلى 6% من Warrants. العوائد مخصصة للاستكشاف والحفر في مشروع Goldrun في نيفادا ولمراقبة رأس المال العامل. الأوراق المالية ستظل مقيدة بالبيع لمدة أربعة أشهر ويوم واحد. العرض خاضع لقبول TSX Venture Exchange.
Lodestar Metals (OTCQB: SVTNF) 已将其先前宣布的私募增加至 C$1,500,000，单位价格为 C$0.075，最多可发行 20,000,000 单位。每单位包含一股普通股和半张认股权证；每张完整认股权证可在两年内以 $0.12 购买一股。公司若在连续 10 个交易日的成交量加权平均价达到 $0.15，可以加速认股权证的到期，生效时间为通知后 30 天。寻找费最高可达 6% 的现金，以及 6% 的认股权证（warrants）可能被支付。募集资金用于在内华达州 Goldrun 项目的勘探与钻探以及周转资金。证券在四个月零一天内禁止转售。此次发行需经 TSX Venture Exchange 的接受。
- Upsized private placement to C$1.5M
- Attractive drill funding for Goldrun Project
- Units priced at C$0.075 to secure capital
- Potential issuance of up to 20,000,000 Units
- Warrants could produce 10,000,000 additional shares if exercised
- Total possible new shares on full exercise: 30,000,000
- Warrant acceleration at $0.15 may pressure share liquidity
- Offering subject to TSXV acceptance
Vancouver, British Columbia--(Newsfile Corp. - October 22, 2025) - Lodestar Metals Corp. (TSXV: LSTR) (OTCQB: SVTNF) ("Lodestar" or the "Company") announces that further to its news releases dated September 29, 2025, and October 15, 2025, the Company has further increased the size of its previously announced private placement (the "Offering") from gross proceeds of C
Each Unit will continue to consist of one (1) common share of the Company (each a "Share") and one-half of one (1/2) share purchase warrant (each whole share purchase warrant, a "Unit Warrant"), with each Unit Warrant entitling the holder to purchase one additional Share (a "Unit Warrant Share") at a price of
The Company may also pay finders a fee of
The proceeds of the Offering will be used for exploration and drilling on the Company's Goldrun Project located in Nevada as well as working capital purposes. The Offering is subject to acceptance of the TSX Venture Exchange.
ABOUT LODESTAR METALS
Lodestar Metals Corp. is a Canadian mineral exploration company advancing high-potential projects in North America. The Company's flagship asset includes the newly optioned Gold Run Property in Nevada, situated along the prolific Getchell and Battle Mountain-Eureka Gold Trends and the Peny Property in the Snow Lake District of Manitoba. Lodestar's strategy focuses on high-impact exploration, strategic acquisitions, and responsible development. For further information, please visit our website at www.lodestarmetals.ca.
CONTACT
Lodestar Metals Corp.
Lowell Kamin, President, CEO & Chairman of the Board
(416) 272-1241
lowell@lodestarmetals.ca
NEITHER 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/271534
FAQ
What did Lodestar Metals (SVTNF) announce on October 22, 2025 about its private placement?
How are Lodestar Units structured and what are the warrant terms in the SVTNF offering?
How will Lodestar use the proceeds from the C$1.5M private placement (SVTNF)?
Could the SVTNF offering dilute current shareholders and by how many shares?
Are there any resale restrictions or finder fees in the Lodestar SVTNF placement?
Is the Lodestar (SVTNF) private placement finalized?
