Latest news with #Financing
Cision Canada
4 hours ago
- Business
- Cision Canada
Rokmaster Closes $450,000 Financing
VANCOUVER, BC, June 10, 2025 /CNW/ - Rokmaster Resources Corp. (TSXV: RKR) (OTCQB: RKMSF) (FSE: 1RR1) ("Rokmaster" or "the Company") is pleased to announce that it has closed the non-brokered financing (the "Financing") announced on April 4, 2025 involving the issuance of flow-through shares (the "FT Shares") and non-flow-through units (the "NFT Units") for total gross proceeds of $450,000. Pursuant to the Financing, the Company issued a total of 6,250,000 FT Shares at $0.04 per FT Share, for gross proceeds of $250,000, and 10,000,000 NFT Units at $0.02 per NFT Unit, for gross proceeds of $200,000. Each NFT Unit will consist of one common share plus one-half (1/2) non-transferable share purchase warrant (a "Warrant"). Each whole Warrant is exercisable to purchase one additional common share of the Company (the "Warrant Share") at $0.05 for a period of two years expiring on June 9, 2027. The Warrants are subject to an accelerated expiry date, which comes into effect when the trading price on the TSX Venture Exchange of the Company's common shares closes at or above $0.10 per share for a period of 10 consecutive trading days commencing on October 10, 2025. In such event, the Company may, at its option, accelerate the expiry date of the Warrants by issuing a press release (the "Notice") to the Warrant holders and in such case, the expiry date of the Warrants will be 30 days from the date of the Notice. The securities issued pursuant to the Financing are subject to a four-months and one day hold period expiring October 10, 2025 and were not offered or registered in the United States. The gross proceeds raised from the sale of the FT Shares will be used by the Company for exploration financing that will qualify as "Canadian Exploration Expenses", as that term is defined in the Income Tax Act (Canada) only. The net proceeds raised from the sale of the NFT Units will be used by the Company on non-flow-through eligible exploration project expenses, share issuance costs related to the Financing, as well as for general working capital purposes which do not include payments to non-arm's length parties, investor relations activities and for specific expenses representing 10% or more of the gross proceeds from the issuance of NFT Units. Certain insiders of the Company acquired a total of $45,000 of the NFT Units and as such a portion of the Financing is considered a related party transaction as defined in the Exchange's Policy 5.9 and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is relying upon the exemption from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the shares subscribed for, nor the consideration paid for the shares, exceeds 25% of the Company's market capitalization. On Behalf of the Board of Directors of Rokmaster Resources Corp. John Mirko, President & Chief Executive Officer. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term in defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS: This news release may contain forward-looking information within the meaning of applicable securities laws ("forward-looking statements"). Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," 'projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation; risks related to fluctuations in metal prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company's properties; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in the work program; the risk of environmental contamination or damage resulting from Rokmaster's operations and other risks and uncertainties. Any forward-looking statement speaks only as of the date 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 vents or results or otherwise.
Yahoo
4 hours ago
- Business
- Yahoo
Rokmaster Closes $450,000 Financing
VANCOUVER, BC, June 10, 2025 /CNW/ - Rokmaster Resources Corp. (TSXV: RKR) (OTCQB: RKMSF) (FSE: 1RR1) ("Rokmaster" or "the Company") is pleased to announce that it has closed the non-brokered financing (the "Financing") announced on April 4, 2025 involving the issuance of flow-through shares (the "FT Shares") and non-flow-through units (the "NFT Units") for total gross proceeds of $450,000. Pursuant to the Financing, the Company issued a total of 6,250,000 FT Shares at $0.04 per FT Share, for gross proceeds of $250,000, and 10,000,000 NFT Units at $0.02 per NFT Unit, for gross proceeds of $200,000. Each NFT Unit will consist of one common share plus one-half (1/2) non-transferable share purchase warrant (a "Warrant"). Each whole Warrant is exercisable to purchase one additional common share of the Company (the "Warrant Share") at $0.05 for a period of two years expiring on June 9, 2027. The Warrants are subject to an accelerated expiry date, which comes into effect when the trading price on the TSX Venture Exchange of the Company's common shares closes at or above $0.10 per share for a period of 10 consecutive trading days commencing on October 10, 2025. In such event, the Company may, at its option, accelerate the expiry date of the Warrants by issuing a press release (the "Notice") to the Warrant holders and in such case, the expiry date of the Warrants will be 30 days from the date of the Notice. The securities issued pursuant to the Financing are subject to a four-months and one day hold period expiring October 10, 2025 and were not offered or registered in the United States. The gross proceeds raised from the sale of the FT Shares will be used by the Company for exploration financing that will qualify as "Canadian Exploration Expenses", as that term is defined in the Income Tax Act (Canada) only. The net proceeds raised from the sale of the NFT Units will be used by the Company on non-flow-through eligible exploration project expenses, share issuance costs related to the Financing, as well as for general working capital purposes which do not include payments to non-arm's length parties, investor relations activities and for specific expenses representing 10% or more of the gross proceeds from the issuance of NFT Units. Certain insiders of the Company acquired a total of $45,000 of the NFT Units and as such a portion of the Financing is considered a related party transaction as defined in the Exchange's Policy 5.9 and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is relying upon the exemption from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the shares subscribed for, nor the consideration paid for the shares, exceeds 25% of the Company's market capitalization. On Behalf of the Board of Directors of Rokmaster Resources Corp. John Mirko,President & Chief Executive Officer. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term in defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS: This news release may contain forward-looking information within the meaning of applicable securities laws ("forward-looking statements"). Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," 'projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation; risks related to fluctuations in metal prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company's properties; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in the work program; the risk of environmental contamination or damage resulting from Rokmaster's operations and other risks and uncertainties. Any forward-looking statement speaks only as of the date 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 vents or results or otherwise. SOURCE Rokmaster Resources Corp. View original content to download multimedia:
Yahoo
4 days ago
- Business
- Yahoo
PEAC Solutions unveils Green Asset Finance framework
PEAC Solutions, a multinational asset finance platform, has introduced its Green Asset Finance framework. The solutions were developed in partnership with global climate consultancy the Carbon Trust. The framework offers its clients access to a suite of products to fund eligible assets including clean transportation, energy-efficient plants and machinery, recycling facilities, and assets supporting pollution control or the circular economy. PEAC Solutions managing director Steve Bolton said: 'At PEAC, we are committed to play our part in tackling the environmental challenges we all face, so we are proud to have collaborated with the Carbon Trust on this Green Asset Finance Framework. 'By funding products under the framework, we are financing assets that help our customers achieve their business and environmental goals with equipment that has a confirmed positive environmental impact.' Operating across the UK, Europe and the US, PEAC Solutions is a top ten lessor in the UK. The company provides financial solutions to equipment manufacturers, dealers and direct customers across various industries and asset classes. As of July 2024, PEAC's global lease portfolio exceeded $5.4bn (£3.99bn). Carbon Trust senior manager Toby Kwan said: 'The Carbon Trust was pleased to be able to support in the development of PEAC's Green Financing Framework. Green asset finance is an important factor in supporting and driving sustainable growth. 'The framework is aligned with best market practices including the EU Taxonomy, Climate Bonds Standard and ICMA Green Loan Principles – allowing PEAC to assess its financing and mobilise capital in a way that contributes to a sustainable, environmentally responsible future.' Last month, PEAC Solutions named Eileen Schoonmaker as president of the Americas, effective 16 June 2025. At the same time, the asset finance provider collaborated with Crane Payment Innovations (CPI), a Crane NXT company, to provide rental schemes for CPI's convenience services. "PEAC Solutions unveils Green Asset Finance framework" was originally created and published by Leasing Life, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Standard
4 days ago
- Business
- Business Standard
Disaster Risk Reduction Financing central to effective functioning of national disaster management systems for India
Principal Secretary to the Prime Minister, P. K. Mishra, recently addressed the Ministerial Roundtable on Disaster Risk Reduction (DRR) Financing at Geneva on 04th June 2025. He commended the UNDRR and its partners for convening this critical discussion. India also recognized the contributions of Brazil and South Africa in continuing the global dialogue through their G20 presidencies. Mishra underscored that DRR financing is not a peripheral issue but central to the effective functioning of national disaster management systems and the safeguarding of development gains in the face of rising climate and disaster risks. He reaffirmed Indias belief that a strong and responsive DRR financing architecture is a cornerstone of resilience. Highlighting Indias journey in DRR financing, he noted that initial allocations by early Finance Commissions amounted to INR 60 million (approximately USD 0.7 million). The cumulative outlay under the 15th Finance Commission exceeds INR 2.32 trillion (approximately USD 28 billion).
GMA Network
6 days ago
- General
- GMA Network
Teves stays in Bilibid despite court order for transfer to Manila City Jail
National Bureau of Investigation Director Jaime Santiago said Wednesday a Manila court has ordered the transfer of former Negros Oriental representative Arnolfo 'Arnie' Teves Jr. to the Manila City Jail. Teves is currently detained at the NBI facility in the New Bilibid Prison in Muntinlupa City. 'One court in Manila has already issued a commitment order, directing us to commit the person of congressman Teves to the Manila City Jail,' Santiago said in a press briefing. However, Santiago said he halted the transfer, explaining that several courts in Manila are handling Teves' cases. 'Baka mamaya 'yung isang court na 'yun na natanggap namin sa BJMP Manila, 'yung isa naman sa Bicutan, 'yung isa naman— so sabi ko sa aming warden, i-hold ninyo muna 'yan,' Santiago said. (It's possible that one of the courts will order his detention to BJMP Manila, another one to Bicutan, and another one somewhere else—so I told our warden, hold them for now.) According to the NBI, Teves is facing the following charges: 10 counts of murder, 13 counts of frustrated murder, four counts of attempted murder before the Manila regional trial court (RTC) Branch 51 Murder case before the Manila RTC Branch 12 Murder case before the Manila RTC Branch 15 Murder case before the Bayawan RTC Branch 63 Illegal possession of firearms and illegal possession of explosives at the Manila RTC Branch 12 Terrorist Financing, prevention, and suppression act before the Quezon City RTC Branch 77 Meanwhile, Santiago said Teves' camp has also filed a motion to consolidate the cases. 'Antayin natin ang final decision gn Manila courts. Courts ha? Marami eh. Para finally ma-determine namin saan namin finally i-turn over si Congressman Teves,' Santiago said. (Let's wait for the final decision of the Manila courts. Courts, okay? There are several. So we can finally determine where we will finally turn over Congressman Teves.) In the meantime, Santiago said he has ordered NBI personnel to give Teves his rights, to protect him, and to prevent his escape. —AOL, GMA Integrated News
