Troy Minerals Completes Fully Subscribed Life Offering
Troy Minerals (OTCQB:TROYF) has successfully completed its LIFE Offering, raising $1.5 million through the issuance of 15 million units at $0.10 per unit. Each unit comprises one common share and half of a common share purchase warrant.
The warrants allow holders to purchase additional common shares at $0.15 per share within a two-year period. The company paid $43,062 in cash finder's fees. Securities issued to Canadian residents under the offering are not subject to resale restrictions, though warrants and shares issued upon warrant exercise have a four-month contractual hold period.
Troy Minerals (OTCQB:TROYF) ha completato con successo la sua offerta LIFE, raccogliendo $1.5 million tramite l'emissione di 15 million units a $0.10 per unit. Ogni unità comprende un'azione ordinaria e mezza warrant per l'acquisto di azioni ordinarie.
I warrant consentono ai titolari di acquistare azioni ordinarie aggiuntive a $0.15 per share entro un periodo di due anni. La società ha versato $43,062 in commissioni di collocamento in contanti. I titoli emessi a residenti canadesi nell'ambito dell'offerta non sono soggetti a restrizioni di rivendita, sebbene i warrant e le azioni emesse a seguito dell'esercizio dei warrant siano soggetti a un periodo contrattuale di blocco di quattro mesi.
Troy Minerals (OTCQB:TROYF) ha completado con éxito su Oferta LIFE, recaudando $1.5 million mediante la emisión de 15 million units a $0.10 per unit. Cada unidad incluye una acción ordinaria y la mitad de un warrant de compra de acciones ordinarias.
Los warrants permiten a sus tenedores comprar acciones ordinarias adicionales a $0.15 per share dentro de un periodo de dos años. La compañía pagó $43,062 en comisiones de intermediación en efectivo. Los valores emitidos a residentes canadienses bajo la oferta no están sujetos a restricciones de reventa, aunque los warrants y las acciones emitidas al ejercerlos tienen un período contractual de retención de cuatro meses.
Troy Minerals (OTCQB:TROYF)은 LIFE 공모를 성공적으로 마치고, $1.5 million을 조달하기 위해 15 million units를 단위당 $0.10 per unit에 발행했습니다. 각 단위는 보통주 1주와 보통주 매수권(warrant) 0.5개로 구성됩니다.
해당 매수권은 보유자가 2년 이내에 주당 $0.15 per share에 추가 보통주를 매수할 수 있도록 합니다. 회사는 현금 중개 수수료로 $43,062를 지급했습니다. 이번 공모로 캐나다 거주자에게 발행된 증권은 재판매 제한을 받지 않지만, 매수권과 매수권 행사로 발행된 주식에는 4개월의 계약상 보유 기간이 적용됩니다.
Troy Minerals (OTCQB:TROYF) a mené à bien son offre LIFE, levant $1.5 million par l'émission de 15 million units à $0.10 per unit. Chaque unité comprend une action ordinaire et la moitié d'un bon de souscription (warrant) sur action ordinaire.
Les warrants permettent à leurs détenteurs d'acquérir des actions ordinaires supplémentaires à $0.15 per share pendant une période de deux ans. La société a payé $43,062 en frais de recherche en espèces. Les titres émis à des résidents canadiens dans le cadre de l'offre ne sont pas soumis à des restrictions de revente, bien que les warrants et les actions émises lors de l'exercice des warrants fassent l'objet d'une période contractuelle de blocage de quatre mois.
Troy Minerals (OTCQB:TROYF) hat ihr LIFE-Angebot erfolgreich abgeschlossen und dabei $1.5 million durch die Ausgabe von 15 million units zu $0.10 per unit eingenommen. Jede Einheit besteht aus einer Stammaktie und einem halben Kaufwarrant auf Stammaktien.
Die Warrants berechtigen die Inhaber innerhalb von zwei Jahren zum Erwerb zusätzlicher Stammaktien zu $0.15 per share. Das Unternehmen zahlte $43,062 an Barvermittlungsgebühren. Wertpapiere, die im Rahmen des Angebots an kanadische Einwohner ausgegeben wurden, unterliegen keinen Wiederverkaufsbeschränkungen, jedoch gelten für die Warrants und die bei deren Ausübung ausgegebenen Aktien eine vertragliche Sperrfrist von vier Monaten.
- None.
- Share dilution through issuance of 15 million new units
- Additional potential dilution from 7.5 million warrant shares
- Incurred $43,062 in finder's fees
Not for distribution in the U.S. or to U.S. Newswire services
VANCOUVER, BC / ACCESS Newswire / August 14, 2025 / Troy Minerals Inc. ("Troy" or the "Company") (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3)is pleased to announce that is has issued a total of 15,000,000 units at price of
In connection with the offering the Company paid cash finder's fees of
The Units were issued pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions ("NI 45-106"). Pursuant to NI 45-106, the securities forming part of the Units issued to Canadian resident subscribers under the Offering are not subject to resale restrictions. The warrants, and any shares issued on exercise of the warrants are subject to a contractual hold period expiring four months from the closing date 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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