Troy Minerals Announces Life Offering
Troy Minerals (OTCQB:TROYF) has announced a private placement offering of 10,000,000 to 15,000,000 units at $0.10 per unit, aiming to raise up to $1.5 million in gross proceeds. Each unit consists of one common share and one-half of a common share purchase warrant.
The warrants will allow holders to purchase additional common shares at $0.15 per share for a two-year period. The proceeds will fund exploration projects in British Columbia, Mongolia, and Wyoming, along with marketing, working capital, and general corporate purposes. The offering is expected to close by July 31, 2025.
The units will be offered through the listed issuer financing exemption in British Columbia and Ontario, with warrant-underlying shares subject to a four-month contractual hold period. The offering requires CSE approval, and the company may pay finder's fees in accordance with CSE policies.
Troy Minerals (OTCQB:TROYF) ha annunciato un'offerta di collocamento privato di 10.000.000 a 15.000.000 di unità al prezzo di 0,10$ per unità, con l'obiettivo di raccogliere fino a 1,5 milioni di dollari in proventi lordi. Ogni unità è composta da un'azione ordinaria e da mezza opzione di acquisto di azioni ordinarie.
Le opzioni consentiranno ai detentori di acquistare ulteriori azioni ordinarie a 0,15$ per azione per un periodo di due anni. I proventi finanzieranno progetti di esplorazione in British Columbia, Mongolia e Wyoming, oltre a marketing, capitale operativo e scopi aziendali generali. La chiusura dell'offerta è prevista entro il 31 luglio 2025.
Le unità saranno offerte tramite l'esenzione per finanziamenti da emittenti quotati in British Columbia e Ontario, con le azioni sottostanti alle opzioni soggette a un periodo contrattuale di blocco di quattro mesi. L'offerta richiede l'approvazione della CSE e la società potrà corrispondere commissioni ai collocatori secondo le politiche della CSE.
Troy Minerals (OTCQB:TROYF) ha anunciado una oferta privada de colocación de 10,000,000 a 15,000,000 unidades a $0.10 por unidad, con el objetivo de recaudar hasta $1.5 millones en ingresos brutos. Cada unidad consiste en una acción común y la mitad de un warrant para comprar acciones comunes.
Los warrants permitirán a los tenedores comprar acciones comunes adicionales a $0.15 por acción durante un período de dos años. Los fondos se destinarán a proyectos de exploración en Columbia Británica, Mongolia y Wyoming, además de marketing, capital de trabajo y propósitos corporativos generales. Se espera que la oferta cierre antes del 31 de julio de 2025.
Las unidades se ofrecerán bajo la exención de financiamiento para emisores listados en Columbia Británica y Ontario, con las acciones subyacentes a los warrants sujetas a un período contractual de retención de cuatro meses. La oferta requiere la aprobación de la CSE, y la compañía podrá pagar honorarios a intermediarios conforme a las políticas de la CSE.
Troy Minerals (OTCQB:TROYF)는 10,000,000에서 15,000,000 단위의 사모 배정 공모를 단위당 0.10달러에 실시하여 최대 150만 달러의 총 수익을 모으는 것을 목표로 하고 있습니다. 각 단위는 보통주 1주와 보통주 매수 워런트 0.5주로 구성됩니다.
워런트 보유자는 2년간 주당 0.15달러에 추가 보통주를 구매할 수 있습니다. 수익금은 브리티시컬럼비아, 몽골, 와이오밍 지역의 탐사 프로젝트와 마케팅, 운전자본 및 일반 기업 목적에 사용됩니다. 이번 공모는 2025년 7월 31일까지 마감될 예정입니다.
단위는 브리티시컬럼비아와 온타리오의 상장 발행자 금융 면제를 통해 제공되며, 워런트 기초 주식은 4개월 계약 보유 기간이 적용됩니다. 이번 공모는 CSE 승인이 필요하며, 회사는 CSE 정책에 따라 중개 수수료를 지급할 수 있습니다.
Troy Minerals (OTCQB:TROYF) a annoncé une offre privée de placement de 10 000 000 à 15 000 000 d’unités à 0,10 $ par unité, visant à lever jusqu’à 1,5 million de dollars de produits bruts. Chaque unité comprend une action ordinaire et un demi-bon de souscription d’actions ordinaires.
Les bons permettront à leurs détenteurs d’acheter des actions ordinaires supplémentaires à 0,15 $ par action pendant une période de deux ans. Les fonds serviront à financer des projets d’exploration en Colombie-Britannique, en Mongolie et au Wyoming, ainsi que le marketing, le fonds de roulement et les besoins généraux de l’entreprise. La clôture de l’offre est prévue pour le 31 juillet 2025.
Les unités seront proposées dans le cadre de l’exemption de financement pour émetteurs cotés en Colombie-Britannique et en Ontario, les actions sous-jacentes aux bons étant soumises à une période contractuelle de blocage de quatre mois. L’offre nécessite l’approbation de la CSE, et la société pourra verser des commissions aux intermédiaires conformément aux politiques de la CSE.
Troy Minerals (OTCQB:TROYF) hat eine Privatplatzierung von 10.000.000 bis 15.000.000 Einheiten zu 0,10 $ pro Einheit angekündigt, mit dem Ziel, bis zu 1,5 Millionen Dollar Bruttoerlös zu erzielen. Jede Einheit besteht aus einer Stammaktie und einem halben Bezugsrecht auf eine Stammaktie.
Die Bezugsrechte ermöglichen den Inhabern, zusätzliche Stammaktien zu 0,15 $ pro Aktie über einen Zeitraum von zwei Jahren zu erwerben. Die Erlöse werden zur Finanzierung von Explorationsprojekten in British Columbia, der Mongolei und Wyoming sowie für Marketing, Betriebskapital und allgemeine Unternehmenszwecke verwendet. Der Abschluss der Platzierung wird bis zum 31. Juli 2025 erwartet.
Die Einheiten werden über die Emittentenfinanzierungsausnahme in British Columbia und Ontario angeboten, wobei die den Warrants zugrunde liegenden Aktien einer vertraglichen Haltefrist von vier Monaten unterliegen. Die Platzierung erfordert die Genehmigung der CSE, und das Unternehmen kann Vermittlungsgebühren gemäß den CSE-Richtlinien zahlen.
- Potential to raise up to $1.5 million in new capital
- Proceeds will advance exploration projects across three regions
- Securities issued to Canadian residents will not be subject to resale restrictions
- Warrant exercise could provide additional future funding at $0.15 per share
- Significant dilution for existing shareholders
- Offering price of $0.10 per unit may represent a discount to market price
- No guarantee of raising the maximum amount
- Additional dilution possible if warrants are exercised
Not for distribution in the U.S. or to U.S. Newswire services
VANCOUVER, BC / ACCESS Newswire / June 30, 2025 / Troy Minerals Inc. ("Troy" or the "Company") (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3) is pleased to announce a private placement offering (the "Offering") of a minimum of 10,000,000 units of the Company (each a "Unit") and up to a maximum of 15,000,000 Units at a price of
Each Unit will be comprised of one common share and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to acquire an additional common share at a price of
The proceeds of the Offering are expected to be allocated to the advancement of the Company's exploration projects in British Columbia, Mongolia and Wyoming, as well as for marketing, working capital and general corporate purpose.
The Units will be offered by way of the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions ("NI 45-106") in the provinces of British Columbia and Ontario. Pursuant to NI 45-106, the securities forming part of the Units issued to Canadian resident subscribers under the Offering will not be subject to resale restrictions, however the shares underlying the warrants will be subject to a contractual four month hold period from the date of issuance.
There is an offering document related to this Offering that can be accessed under the Company's profile at https://www.sedarplus.ca at the Company's website https://troyminerals.com/. Prospective investors should read this offering document before making an investment decision.
The Offering is expected to close on or about July 31, 2025, or such other date that is within 45 days from June 30, 2025, as the Company may agree. The Offering remains subject to certain conditions customary for transactions of this nature, including, but not limited to, the receipt of all necessary approvals, including the approval of the CSE. The Company may pay finders fees in accordance with CSE policies on all or part of the Offering.
ON BEHALF OF THE BOARD,
Rana Vig | CEO and Director
Telephone: 604-218-4766 rana@ranavig.com
Forward-Looking Statements
Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to the intended use of funds. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are from those expressed or implied by such forward-looking statements or forward-looking information subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different, including receipt of all necessary regulatory approvals. Although management of the Company have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.
The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.
SOURCE: Troy Minerals Inc.
View the original press release on ACCESS Newswire
FAQ
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