Tsodilo Resources Limited Closes Private Placement Financing for Units
Tsodilo Resources (OTCQB: TSDRF) has successfully completed a non-brokered private placement financing, raising C$310,317 through the issuance of 2,067,581 units at C$0.15 per unit.
Each unit consists of one common share and one purchase warrant, with warrants exercisable at USD$0.15 for 5 years. The securities have a hold period until January 27, 2026. An accelerated expiry clause is triggered if the stock trades at USD$0.30 or higher for 10 consecutive days. Proceeds will fund the Xaudum Iron Formation project, Critical and Rare Earth Metals projects, and working capital needs.
Tsodilo Resources (OTCQB: TSDRF) ha completato con successo un collocamento privato non intermediato, raccogliendo C$310,317 tramite l'emissione di 2,067,581 unità a C$0,15 per unità.
Ogni unità comprende una azione comune e una warrant di acquisto, con warrant esercitabili a USD$0.15 per 5 anni. I titoli hanno un periodo di blocco fino al 27 gennaio 2026. Una clausola di scadenza accelerata si attiva se il titolo viene scambiato a USD$0.30 o superiore per 10 giorni consecutivi. I proventi financeranno il progetto Xaudum Iron Formation, i progetti Critical e Rare Earth Metals, e le necessità di capitale circolante.
Tsodilo Resources (OTCQB: TSDRF) ha completado con éxito una financiación privada no intermediada, recaudando C$310,317 mediante la emisión de 2,067,581 unidades a C$0,15 por unidad.
Cada unidad consta de una acción ordinaria y una warrant de compra, con warrants que pueden ejercerse a USD$0,15 durante 5 años. Los valores tienen un periodo de bloqueo hasta el 27 de enero de 2026. Se activa una cláusula de vencimiento acelerado si las acciones se negocian a USD$0,30 o más durante 10 días consecutivos. Los fondos financiarán el proyecto Xaudum Iron Formation, proyectos de Critical y Rare Earth Metals y las necesidades de capital de trabajo.
Tsodilo Resources (OTCQB: TSDRF)는 중개인 없이 비공개 자금조달을 성공적으로 마무리하여 C$310,317를 2,067,581 유닛를 C$0.15에 발행해 모금했습니다.
각 유닛은 보통주 1주와 매수 워런트를 포함하며, 워런트는 5년 동안 USD$0.15에 행사될 수 있습니다. 유가증권은 2026년 1월 27일 까지 거래 정지 기간이 있습니다. 주가가 10일 연속 USD$0.30 이상으로 거래되면 가속 만료 조항이 발동됩니다. 조달금은 Xaudum Iron Formation 프로젝트, Critical 및 Rare Earth Metals 프로젝트, 그리고 운전자본 필요를 위해 사용됩니다.
Tsodilo Resources (OTCQB: TSDRF) a mené à bien un placement privé non placé par un courtier, levant C$310 317 CAD grâce à l'émission de 2 067 581 unités à 0,15 C$ par unité.
Chaque unité comprend une action ordinaire et un bon de souscription, les bons pouvant être exercés à USD$0,15 pendant 5 ans. Les titres sont soumis à une période de blocage jusqu'au 27 janvier 2026. Une clause d'échéance accélérée est déclenchée si l'action se négocie à USD$0,30 ou plus pendant 10 jours consécutifs. Les fonds serviront à financer le projet Xaudum Iron Formation, les projets Critical et Rare Earth Metals, et les besoins de fonds de roulement.
Tsodilo Resources (OTCQB: TSDRF) hat erfolgreich eine nicht-brokerbasierte Privatplatzierung abgeschlossen und 310.317 C$ durch die Ausgabe von 2.067.581 Einheiten zu je 0,15 C$ pro Einheit eingenommen.
Jede Einheit besteht aus einer Stammaktie und einem Kaufwerber, der Warrant ist für 5 Jahre zu einem Ausübungspreis von USD$0,15. Die Wertpapiere unterliegen einer Haltefrist bis zum 27. Januar 2026. Eine beschleunigte Ablaufklausel wird aktiviert, wenn die Aktie 10 aufeinanderfolgende Tage lang bei USD$0,30 oder höher gehandelt wird. Die Erlöse dienen der Finanzierung des Xaudum Iron Formation-Projekts, der Critical- und Rare-Earth-Metals-Projekte sowie dem Betriebskapital.
Tsodilo Resources (OTCQB: TSDRF) أكملت بنجاح تمويلاً خاصاً غير وسيط، حيث جمعت 310,317 دولار كندي من خلال إصدار 2,067,581 وحدة بسعر 0.15 دولار كندي للوحدة.
تتكوّن كل وحدة من سهم عادي وأداة شراء، يمكن ممارسة الأداة خلال فترة 5 سنوات بسعر USD$0.15. يخضع الأوراق المالية لفترة حظر حتى 27 يناير 2026. ستنشط بنود الانتهاء المعجلة إذا تم تداول السهم عند USD$0.30 أو أكثر لمدة 10 أيام متتالية. ستُستخدم العائدات لتمويل مشروع Xaudum Iron Formation، ومشروعات Critical و Rare Earth Metals، واحتياجات رأس المال العامل.
Tsodilo Resources (OTCQB: TSDRF) 已成功完成非经纪人私募融资，通过发行 2,067,581 份单位筹集 C$310,317，每份单位价格为 C$0.15。
每份单位包含一股普通股和一张认购权证，认购权证可在 5 年 内按 USD$0.15 行使。证券设有持有期，直至 2026 年 1 月 27 日。若股票在连续 10 天内交易价达到或高于 USD$0.30，将触发加速到期条款。募集资金将用于资助 Xaudum Iron Formation 项目、Critical 和 Rare Earth Metals 项目，以及运营资金需求。
- Successfully raised C$310,317 in new capital
- 5-year warrant term provides long-term optionality for investors
- Funds secured for advancement of strategic iron and rare earth metals projects
- Dilution of existing shareholders through issuance of 2,067,581 new units
- Low offering price of C$0.15 per unit may indicate weak market conditions
- Additional dilution possible if warrants are exercised
Toronto, Ontario--(Newsfile Corp. - September 26, 2025) - Tsodilo Resources Limited (TSXV: TSD) (OTCQB: TSDRF) (FSE: TZO) ("Tsodilo" or the "Company") is pleased to announce the closing of a non-brokered private placement financing (the "Financing") for gross proceeds to the Company of C
Each Unit is comprised of one common share in the capital of the Company ("Common Share") and one Common Share purchase warrant ("Warrant") of the Company. Each Warrant entitles the holder thereof to purchase one Common Share for a period of 5 years from the date of issuance at an exercise price of USD
In the event that the closing price of the Company's Common Shares on the TSX Venture Exchange is the equivalent of USD
The proceeds from this Financing will be used for the advancement of the Xaudum Iron Formation project, the Critical and Rare Earth Metals projects and for general corporate purposes and working capital.
About Tsodilo Resources Limited
Tsodilo Resources Limited is an international resource exploration company engaged in the search for economic metal deposits at its Gcwihaba Resources (Pty) Limited ("Gcwihaba") projects in Botswana. The Company has a
FOR FURTHER INFORMATION, PLEASE CONTACT:
| James M. Bruchs Head Office Website | Chairman and Chief Executive Officer Telephone +1 416 800-4214 www.TsodiloResources.com | Jbruchs@TsodiloResources.com |
This press release may contain forward-looking statements. All statements, other than statements of historical fact, which address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements pertaining to the use of proceeds, the impact of strategic partnerships and statements that describe the Company's future plans, objectives or goals) are forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things, changes in equity markets, changes in general economic conditions, market volatility, political developments in Botswana and surrounding countries, changes to regulations affecting the Company's activities, uncertainties relating to the availability and costs of financing needed in the future, exploration and development risks, the uncertainties involved in interpreting exploration results and the other risks involved in the mineral exploration business. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not a guarantee of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things, uncertainties relating to availability and cost of funds, timing and content of work programs, results of exploration activities, interpretation of drilling results and other geological data, risks relating to variations in the diamond grade and kimberlite lithologies; variations in rates of recovery and breakage; estimates of grade and quality of diamonds, variations in diamond valuations and future diamond prices; the state of world diamond markets, reliability of mineral property titles, changes to regulations affecting the Company's activities, delays in obtaining or failure to obtain required project approvals, operational and infrastructure risk and other risks involved in the diamond exploration and development business. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not a guarantee of future performance and accordingly undue reliance should not be put on such statements due to their inherent uncertainty. Neither the TSX Venture Exchange ("TSXV") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control, which may cause actual results or performance to differ materially from those currently anticipated in such statements.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268216
FAQ
How much did Tsodilo Resources (TSDRF) raise in its September 2025 private placement?
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When does the hold period expire for Tsodilo Resources' September 2025 private placement?
How many new units did Tsodilo Resources issue in the September 2025 private placement?
