Private Placement

Pacific Bay Minerals is raising up to $2 million through a non-brokered private placement of 20 million units to fund the acquisition and exploration of the Pereira-Velho Gold Project in Brazil. Additionally, the company is seeking to extend the expiry of 7.3 million warrants and has appointed Elton Pereira as country manager for Brazil.

New Zealand Energy Corp. is raising up to C$3 million through a private placement of common shares at C$0.18 each. The plan includes converting C$300,000 of debt from Charlestown Energy Partners and settling another loan with Vliet Financing B.V. by issuing shares. These transactions are classified as related-party dealings and require TSX Venture Exchange approval.

Permex Petroleum Corporation secured a US$2 million private placement of convertible debentures and warrants. The funds will bolster working capital for general operations and strategic initiatives. Each unit comprises a debenture with a 10% annual interest rate and common share purchase warrants. The financing is intended for accredited investors and closes after a five-day notice period.

Honey Badger Silver Inc. successfully closed the first tranche of its private placement, raising approximately $2.01 million. The financing, involving non-flow-through units and flow-through shares, will fund exploration on properties in the Yukon, Northwest Territories, and Nunavut, as well as property advancement and acquisitions. Prominent investor Eric Sprott participated in the round.

RedCloud Holdings plc announced a private placement raising approximately $13.5 million. The company will issue shares and warrants at $1.50 each. The funds will support RedCloud’s AI-powered platform, which simplifies B2B purchasing and inventory management for FMCG products by facilitating data flow between brands, distributors, and retailers.

Reyna Silver Corp. completed a $1.1 million non-brokered private placement, linked to Torex Gold Resources Inc.’s acquisition of Reyna. The placement, priced at $0.095 per unit, includes warrants exercisable at $0.13. Proceeds will fund option agreement payments and exploration in Nevada. Completion is contingent on TSXV approval, with securities subject to a four-month hold period. Reyna Silver focuses on high-grade silver deposits in North America, including projects in Nevada and Mexico.

Sage Potash Corp. closed a non-brokered private placement, raising C$6 million, exceeding its initial C$4 million target. The financing will accelerate field activity, planning, and permitting for its Utah potash project. The offering involved 24 million units and warrants. Proceeds will also fund exploration, infrastructure planning, and working capital. Securities are subject to a hold period, and the TSX Venture Exchange granted conditional approval.

Sixty Six Capital Inc. is increasing its Bitcoin holdings, acquiring 18.2 BTC for CAD$2,634,450 and planning to convert its BTCC.B ETF holdings to direct BTC ownership. The company will also launch a private placement financing to raise USD$2.5 million for further Bitcoin acquisitions and operational expenses. This strengthens its commitment to the digital asset space.

Stillwater Critical Minerals Corp. closed the initial tranche of its private placement, raising C$3,479,164 through the sale of units at C$0.23 each. The proceeds will fund exploration at its Stillwater West project in Montana, along with a smaller program at its Kluane project in Yukon. Red Cloud Securities Inc. acted as agent. Glencore Canada will exercise its equity participation rights in the upcoming final tranche.

Eyenovia, Inc. is pivoting into the digital asset space with a $50 million private placement to acquire over 1,000,000 HYPE tokens from Hyperliquid, becoming the first U.S.-based public company to hold a substantial amount. This investment, coupled with the appointment of a Chief Investment Officer, positions Eyenovia as a top-tier validator. Simultaneously, Eyenovia will continue ophthalmic technology development, reflecting a dual strategy to create value, while also launching a HYPE staking program. The company is planning to change its name and ticker.