New Zealand Energy Corp. (TSXV: NZ) is set to bolster its balance sheet by raising up to C$3 million through a private placement of common shares, priced at C$0.18 apiece. This strategic move involves converting existing debt into equity, a common maneuver for companies looking to streamline their financial structure while appeasing investors.
In a bid to clear outstanding liabilities, Charlestown Energy Partners, LLC will see its C$300,000 short-term loan transformed into 1,666,667 common shares. Additionally, the company plans to issue another 1,000,000 common shares to Vliet Financing B.V. at the same price point to finalize a separate loan agreement. These transactions, while not uncommon in the corporate world, are flagged as related-party dealings and require a nod from the TSX Venture Exchange.
New Zealand Energy Corp. (TSXV: NZ) si appresta a rafforzare il proprio bilancio raccogliendo fino a 3 milioni di dollari canadesi attraverso un collocamento privato di azioni ordinarie, prezzate a 0,18 dollari canadesi ciascuna. Questa mossa strategica prevede la conversione del debito esistente in capitale proprio, una manovra comune per le società che cercano di semplificare la propria struttura finanziaria e al contempo soddisfare gli investitori.
Nel tentativo di saldare le passività in sospeso, il prestito a breve termine di 300.000 dollari canadesi di Charlestown Energy Partners, LLC sarà trasformato in 1.666.667 azioni ordinarie. Inoltre, la società prevede di emettere altre 1.000.000 di azioni ordinarie a Vliet Financing B.V. allo stesso prezzo per finalizzare un diverso accordo di prestito. Queste transazioni, sebbene non insolite nel mondo aziendale, sono segnalate come operazioni tra parti correlate e richiedono l’approvazione della TSX Venture Exchange.
New Zealand Energy Corp. (TSXV: NZ) está lista para fortalecer su balance recaudando hasta 3 millones de dólares canadienses a través de una colocación privada de acciones comunes, con un precio de 0.18 dólares canadienses cada una. Este movimiento estratégico implica la conversión de deuda existente en capital, una maniobra común para las empresas que buscan optimizar su estructura financiera y al mismo tiempo complacer a los inversores.
En un esfuerzo por liquidar los pasivos pendientes, el préstamo a corto plazo de 300.000 dólares canadienses de Charlestown Energy Partners, LLC se transformará en 1.666.667 acciones comunes. Además, la compañía planea emitir otras 1.000.000 de acciones comunes a Vliet Financing B.V. al mismo precio para finalizar un acuerdo de préstamo separado. Estas transacciones, aunque no infrecuentes en el mundo corporativo, se señalan como tratos entre partes relacionadas y requieren la aprobación de la TSX Venture Exchange.
뉴질랜드 에너지 코퍼레이션(TSXV: NZ)은 주당 0.18 캐나다 달러의 가격으로 보통주 사모 발행을 통해 3백만 캐나다 달러까지 조달하여 대차대조표를 강화할 준비가 되었습니다. 이 전략적인 움직임은 기존 부채를 자기자본으로 전환하는 것을 포함하며, 기업들이 재정 구조를 간소화하는 동시에 투자자들을 만족시키고자 할 때 흔히 사용하는 수법입니다.
미결제 부채를 정리하기 위해 Charlestown Energy Partners, LLC는 300,000 캐나다 달러의 단기 대출을 1,666,667주의 보통주로 전환할 것입니다. 또한, 회사는 별도의 대출 계약을 마무리하기 위해 동일한 가격으로 Vliet Financing B.V.에 1,000,000 주의 보통주를 추가로 발행할 계획입니다. 이 거래들은 기업 세계에서 드물지 않지만, 관련 당사자간 거래로 분류되며 TSX 벤처 거래소의 승인이 필요합니다.
New Zealand Energy Corp. (TSXV : NZ) s’apprête à renforcer son bilan en levant jusqu’à 3 millions de dollars canadiens grâce à un placement privé d’actions ordinaires, au prix de 0,18 $ CA chacune. Cette mesure stratégique implique la conversion de dettes existantes en capitaux propres, une manœuvre courante pour les entreprises cherchant à rationaliser leur structure financière tout en satisfaisant les investisseurs.
Dans le but d’apurer les passifs en souffrance, Charlestown Energy Partners, LLC verra son prêt à court terme de 300 000 $ CA transformé en 1 666 667 actions ordinaires. De plus, la société prévoit d’émettre 1 000 000 d’actions ordinaires supplémentaires à Vliet Financing B.V. au même prix pour finaliser un accord de prêt distinct. Ces transactions, bien que courantes dans le monde des affaires, sont considérées comme des transactions entre parties liées et nécessitent l’approbation de la Bourse de croissance TSX.
New Zealand Energy Corp. (TSXV: NZ) will seine Bilanz stärken, indem es bis zu 3 Millionen C$ durch eine Privatplatzierung von Stammaktien zu einem Preis von 0,18 C$ pro Stück aufnimmt. Dieser strategische Schritt beinhaltet die Umwandlung bestehender Schulden in Eigenkapital, ein übliches Vorgehen für Unternehmen, die ihre Finanzstruktur optimieren und gleichzeitig die Investoren zufriedenstellen wollen.
Um ausstehende Verbindlichkeiten zu begleichen, wird Charlestown Energy Partners, LLC seinen kurzfristigen Kredit über 300.000 C$ in 1.666.667 Stammaktien umwandeln. Darüber hinaus plant das Unternehmen, weitere 1.000.000 Stammaktien zu demselben Preis an Vliet Financing B.V. auszugeben, um eine separate Darlehensvereinbarung abzuschließen. Diese Transaktionen sind zwar in der Unternehmenswelt nicht ungewöhnlich, werden jedoch als Transaktionen mit verbundenen Parteien eingestuft und erfordern die Zustimmung der TSX Venture Exchange.
Potential Downsides:
- The deal involves substantial share dilution for existing NZEC shareholders.
- The transactions are with related parties, which can sometimes raise governance concerns.
- Reliance on TSX Venture Exchange approval adds a layer of uncertainty.
07/07/2025 – 10:07 PM
Vancouver, British Columbia — New Zealand Energy Corp. (“NZEC” or the “Company”) is signaling a strategic financial maneuver by proceeding with a C$3 million non-brokered private placement of common shares at C$0.18 per share. This initiative also includes significant debt restructuring, aiming to strengthen its financial footing.
The company is set to convert a C$300,000 short-term loan from Charlestown Energy Partners, LLC into 1,666,667 of its common shares. Furthermore, NZEC plans to settle an outstanding loan with Vliet Financing B.V. by issuing 1,000,000 common shares at C$0.18 each. Both debt-to-equity conversions are contingent on approval from the TSX Venture Exchange and are categorized as related-party transactions under exchange policies. This means the deals involve individuals or entities closely connected to the company, such as directors or major shareholders, with Robert Bose, a director of NZEC, being a principal at Charlestown, and Frank Jacobs, Chairman and director of NZEC, controlling Vliet. While exemptions from formal valuation and minority shareholder approval requirements are being sought, these transactions highlight the company’s efforts to manage its liabilities effectively.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258063
Frequently Asked Questions
What is the pricing for NZERF’s private placement?
The private placement is being offered at a price of C$0.18 per common share.
How much debt is New Zealand Energy Corp converting to equity?
The company is converting a C$300,000 short-term loan from Charlestown Energy Partners into 1,666,667 common shares.
Are shares being issued to Vliet Financing as part of the debt settlement?
Yes, NZEC plans to issue 1,000,000 common shares to Vliet Financing B.V. at C$0.18 per share to terminate an outstanding loan.
What is the total fundraising target for the private placement?
New Zealand Energy Corp. aims to raise up to C$3,000,000 through its non-brokered private placement.
Are these transactions considered related party dealings?
Indeed, both the debt settlement and the loan termination are classified as related party transactions under TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101.
