Bradda Head Lithium Limited (AIM:BHL, OTCQB:BHLIF, TSX-V:BHLI) told investors it has appointed Red Cloud Securities Inc, a provider of market-making services in Canada, as it seeks to boost its exposure to the North American investor audience.
"Bradda Head listed on the TSX-V in November 2022,” chief executive Charles Fitzroy said in a statement.
NioCorp Developments Ltd. (TSX:NB, OTCQX:NIOBF) said it has entered into definitive agreements with respect to two previously announced financings with YA II PN, Ltd, an investment fund managed by Yorkville Advisors Global LP. The financings contemplated by the definitive agreements include (i) up to US$16 million aggregate principal amount of unsecured debentures convertible into common shares of NioCorp and common share purchase warrants entitling the holders to purchase additional common shares; and (ii) a standby equity purchase facility under which NioCorp will have the right, but not the obligation, subject to the conditions set out therein, to sell common shares to Yorkville with a maximum aggregate value of up to US$65 million over a period of up to 36 months. NioCorp said it intends to use the proceeds from the Yorkville Financings to advance its efforts to launch construction of the Elk Creek Project and move it to commercial operation, and to satisfy the fees and expenses incurred in connection with the transaction, if required. The Yorkville financings are expected to become effective on the date of the closing of the company's proposed business combination with GX Acquisition Corp. II, as previously announced on September 26, 2022. Once completed, the Yorkville financings could provide NioCorp with access to up to an additional US$80,360,000, before related fees and expenses payable by the company. Completion of the Yorkville financings is subject to certain conditions, including the closing of the transaction, the receipt of the approval of the Toronto Stock Exchange (TSX) and the approval of NioCorp's shareholders in accordance with the rules of the TSX.
Stuhini Exploration Ltd (TSX-V:STU) has announced the grant of stock options to certain directors, officers and consultants of the company to purchase an aggregate of 1,200,000 common shares at a price of $0.48 per share for a term of three years, expiring January 26, 2026. The options will vest as to 25% every three months after the date of grant and are subject to the terms of the company's Stock Option Plan and TSX–V approval.
Altamira Gold Corp. (TSX-V:ALTA, OTC:EQTRF) said the TSX Venture Exchange has consented to the extension in the expiry date of 10 million warrants with an original expiry date of February 5, 2023, to a new expiry date of November 5, 2023, with an unchanged exercise price of 30 cents each. These warrants were issued under a private placement of 20 million shares with 10 million share purchase warrants attached, which was accepted for filing by the exchange effective February 9, 2021.
Playgon Games (TSX-V:DEAL, OTCQB:PLGNF) said it will be attending ICE-London February 7-9th, the Global Gaming Hub for all B2B industry experts. ICE-London continues to be unrivaled as the leading gaming technology event for business growth, development, and networking with over 35,000 worldwide attendees and in excess of 650 exhibitors. Playgon CEO Darcy Krogh, said: "We look forward to meeting Industry at ICE-London face to face post COVID and the potential licensing opportunities and strategic partnerships that may get consummated."
Global Energy Metals Corp (TSX-V:GEMC) announced that it has received conditional acceptance from the TSX Venture Exchange for the implementation of its early warrant exercise incentive program intended to encourage the early exercise of up to 13,506,500 share purchase warrants that were issued pursuant to three non-brokered private placements that closed in September 2020, May 2021 and March 2022. Full details of the program, which GEMC said could raise proceeds of approximately $1,080,520, are available here: https://globalenergymetals.com/news/global-energy-metals-announces-approval-and-launch-of-early-warrant-exercise-incentive-program/.