Private Placement

Questcorp Mining Inc. (QQQ:CSE) closed the initial tranche of a non-brokered private placement, raising $2,100,050. The company issued 14,000,334 units at $0.15, each including a share and a half warrant exercisable at $0.20. Funds will advance exploration at La Union (Mexico) and North Island (Canada). A $2M portion is subject to a sharing agreement with Sorbie Bornholm LP. Questcorp anticipates a final tranche, aiming for total proceeds of $3.5M. Units from the first tranche are free trading.

Formation Metals (FOMTF) announced an upsized C$8.6M financing via LIFE units and a flow-through private placement to advance its N2 Gold Project in Quebec. The funding will increase working capital to ~$13M and the exploration budget to ~$8.5M+, supporting a 20,000-meter drill program. Phase 1, already underway, targets the “A” and “RJ” zones. The offering involves potential dilution and a hold period for flow-through shares. The N2 Gold Project boasts a historical resource of ~870,000 ounces with multiple zones open for expansion.

PyroGenesis (PYRGF) addressed an inaccurate online post by a board member regarding its ongoing private placement. The post incorrectly claimed the placement was oversubscribed. PyroGenesis clarified that the placement, targeting approximately $5 million, is still in progress and not yet oversubscribed. The first tranche is expected to finalize soon. The board has reviewed the incident and implemented corrective measures, emphasizing its commitment to accurate disclosure and corporate governance. The company urges disregard of the incorrect, now-deleted, post.

Star Navigation Systems Group Ltd. (SNAVF) closed a $475,000 private placement, issuing 47.5 million units at $0.01 each, consisting of a common share and a warrant exercisable at $0.05. Proceeds will fund working capital and development of the Star-A.D.S. system, an in-flight safety monitoring technology. While the placement introduces potential dilution, it supports Star Navigation’s growth in the aviation safety market. All securities are subject to a four-month hold period.

Orosur Mining (TSX:OMI/AIM:OMI) announced a C$20 million private placement expected to close on October 2, 2025. The offering includes up to 58,823,530 new common shares. Additionally, 260,000 common shares were issued following consultant option exercises, and 8,675,418 shares were issued from warrant exercises, raising US$701,894. Post-these issuances, Orosur will have 325,758,894 common shares in issue, with 4,701,668 options and 22,834,404 warrants outstanding.

EnviroGold Global (ESGLF) announced a private placement aiming to raise up to C$5 million at C$0.09 per unit, with each unit including a share and a warrant to purchase another share at C$0.13. Funds will support technology development, demonstration plant operations for their NVRO Process™, debt reduction, and working capital. The offering is expected to close by October 15, 2025, pending regulatory approval. Some EnviroGold directors and officers may participate, relying on specific exemptions.

LQWD Technologies announced a non-brokered private placement to raise up to C$2 million by issuing units at C$1.50 each. Each unit includes one share and a warrant exercisable at C$2.00. Proceeds will fund Bitcoin purchases for deployment on the Lightning Network to generate yield. The placement includes participation from shareholders, directors, and management, subject to TSXV approval. Shares and warrants are subject to a four-month hold period, with a potential acceleration clause if the stock price increases.

Silver X Mining (AGXPF) increased its bought deal private placement from C$10 million to C$13 million due to strong investor demand. The offering consists of 26 million units at C$0.50 each, including a common share and a half warrant. Proceeds will fund exploration and capital expenditures at the Nueva Recuperada Silver District in Peru. Underwriters, led by Red Cloud Securities, have an option to purchase additional units to raise another C$3 million. The offering is expected to close on September 29, 2025.

Revive Therapeutics (RVVTF) is extending its private placement to raise up to $650,000 by issuing units at $0.021 each. Each unit includes a share and a warrant exercisable at $0.05 for 36 months. Having already raised $60,900 in the first tranche, the remaining $589,000 will be used for working capital and settling trade payables. The securities are subject to a four-month and one-day hold period. While providing needed capital, the offering involves significant dilution potential for shareholders.

Kronos Worldwide (KRO) is issuing €75M in additional 9.50% Senior Secured Notes due 2029 through its subsidiary, Kronos International, Inc. This increases the outstanding amount of these notes to €426.174M. Proceeds will primarily address maturing 3.75% Senior Secured Notes due September 2025, or repay amounts drawn from the Wells Fargo credit facility for the same purpose. The offering’s completion is subject to market conditions. The notes are guaranteed and secured by company assets.