Latest news with #TSXVentureExchange
Yahoo
a day ago
- Business
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Legend Power Systems Applies for Amendment to Terms of Warrants
Vancouver, British Columbia--(Newsfile Corp. - July 18, 2025) - Legend Power Systems Inc. (TSXV: LPS) (OTCQB: LPSIF) ("Legend Power" or the "Company"), a global leader in commercial electrical system solutions, announces that it has made application to the TSX Venture Exchange (the "Exchange") to extend the term of 12,861,553 common share purchase warrants (the "Warrants") that were issued under the Company's private placement of units completed in two tranches on July 31, 2023 and August 22, 2023. The Warrants have an exercise price of $0.25 and are set to expire on July 31, 2025 and August 22, 2025 respectively. Insiders of the Company hold 1,957,999 or 15.22% of the Warrants. The Company has applied for consent to extend the term of the Warrants from twenty-four months (24) to thirty-six months (36) from the date of original issuance in accordance with Exchange policies (the "Warrant Term Extension"). Subsequent disclosure will be issued by the Company, If approval is granted by the Exchange for the Warrant Term Extension. About Legend Power Systems Inc. Legend Power Systems Inc. ( provides an intelligent energy management platform that analyzes and improves building energy challenges, significantly impacting asset management and corporate performance. Legend Power's proven solutions support proactive executive decision-making in a complex and volatile business and energy environment. The proprietary and patented system reduces total energy consumption and power costs, while also maximizing the life of electrical equipment. Legend Power's unique solution is also a key contributor to both corporate sustainability efforts and the meeting of utility energy efficiency targets. About SmartGATE SmartGATE is a turnkey solution that identifies and resolves inefficiencies in commercial electrical systems, enhancing energy performance while reducing costs and emissions. The SmartGATE active energy management system installs after the meter in line with your switchgear. Using our patented technology, we extract a percentage of the load, convert and analyze it, rebuild the waveform, and then inject it back into your system. This provides full voltage regulation (+/- 8%) to your exact specification, on each phase individually to address the main power attributes that impact system reliability, lifetime, and efficiency. All focused on reducing energy consumption while creating optimal power for optimal performance with a footprint designed for today's buildings. For further information, please contact: Jonathan Lansky, Director+1 416 417 7664lansky.j@ Sean Peasgood, Investor Relations+ 1 647 503 1054sean@ Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This press release may contain statements which constitute "forward-looking information", including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities and operating performance of the Company. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities or performance and involve risks and uncertainties, and that the Company's future business activities may differ materially from those in the forward-looking statements as a result of various factors. Such risks, uncertainties and factors are described in the periodic filings with the Canadian securities regulatory authorities, including the Company's quarterly and annual Management's Discussion & Analysis, which may be viewed on SEDAR+ at Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results to not be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements other than as may be required by applicable law. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
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New Zealand Energy Corp. Closes Private Placement and Shares for Debt Transaction
Vancouver, British Columbia--(Newsfile Corp. - July 18, 2025) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") is pleased to announce that, further to its May 12, 2025, June 25, 2025, and July 3, 2025 and July 7, 2025, news releases, it has completed the closing of the previously announced non-brokered private placement (the "Private Placement") of common shares of the Company ("Common Shares"), subject to final approval of the TSX Venture Exchange. NZEC issued 15,103,556 Common Shares at a price of C$0.18 per Common Share for gross proceeds of $2,718,640. In addition, NZEC settled the outstanding indebtedness in the amount of $300,000 owing to Charlestown Energy Partners, LLC ("Charlestown") through the issuance of 1,666,667 Common Shares at a deemed price of C$0.18 per Common Share. Charlestown also acquired an additional 1,111,111 Common Shares pursuant to the Private Placement. NZEC also completed the issuance of the 1,000,000 Common Shares at a deemed price of C$0.18 per Common Share to Vliet Financing B.V. ("Vliet") in accordance with the agreement to terminate the outstanding loan, as previously announced on May 12, 2025 and June 25, 2025. As previously disclosed and as noted below, the Issuer will also use the proceeds from the Private Placement to pay the cash amount of C$500,000 to Vliet, following which the outstanding loan in the principal amount of C$2,000,000 plus accrued interest will be terminated. All of the Common Shares issued are subject to a hold period that expires on November 19, 2025. The net proceeds from the Private Placement will be used to fund ongoing work on Tariki gas storage project, to terminate the outstanding loan currently held by Vliet in accordance with the agreement previously announced on May 12, 2025 and June 25, 2025, and for general working capital. Robert Bose, a director of the Company, is a principal of Charlestown. Vliet is a company controlled by Frank Jacobs, Chairman and a director of NZEC. In addition, Bill Treuren, a director of NZEC, subscribed for 200,000 Common Shares and Toby Pierce, a director of NZEC, subscribed for 300,000 Common Shares under the Private Placement. The Private Placement, the debt settlement and the termination of the outstanding loan are each a related party transaction for the purposes of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 (the "Related Party Policies"). NZEC has determined that exemptions from the various requirements of the Related Party Policies are available in connection with the Private Placement, the debt settlement and termination of the outstanding loan (Formal Valuation - Issuer Not Listed on Specified Markets; Minority Approval - Fair Market Value Not More Than $2,500,000). As noted above, Charlestown acquired an aggregate of 2,777,778 Common Shares. Prior to the offering, Charlestown controlled 1,777,777 Common Shares, or approximately 8.63% of the total issued and outstanding Common Shares and 500,000 stock options. Charlestown now owns 4,555,555 Common Shares, or approximately 11.87% of the issued and outstanding Common Shares and 500,000 stock options. Assuming the exercise of the stock options, Charlestown would own or control 5,055,555 Common Shares, or approximately 13.01% of the total issued and outstanding Common Shares. The acquisition of the Common Shares by Charlestown was made for investment purposes. Charlestown may increase or decrease its investment in NZEC depending on market conditions or any other relevant factors. The head office address for NZEC is 11 Young Street, New Plymouth, New Zealand. The address for Charlestown is 17 State Street, Suite 3811 New York, NY 10004 USA. As noted above, Vliet, a company controlled by Mr. Jacobs, acquired 1,000,000 Common Shares. Prior to the closings, Mr. Jacobs controlled 2,227,163 Common Shares, or approximately 10.81% of the total issued and outstanding Common Shares and 200,000 stock options. Mr. Jacobs now owns 3,227,163 Common Shares, or approximately 8.41% of the issued and outstanding Common Shares and 200,000 stock options. Assuming the exercise of the stock options, Mr. Jacobs would own or control 3,527,163 Common Shares, or approximately 9.14% of the total issued and outstanding Common Shares. The holdings of Mr. Jacobs have decreased to less than 10% of the issued and outstanding Common Shares of NZEC. The acquisition of the Common Shares by Mr. Jacobs was made in connection with the termination of the outstanding loan including accrued interest. Mr. Jacobs may increase or decrease his investment in NZEC depending on market conditions or any other relevant factors. The head office address for NZEC is 11 Young Street, New Plymouth, New Zealand. The address for Mr. Jacobs is Citadel 27 4652-GJ-Steenbergen, The Netherlands. On behalf of the Board of Directors "Michael Adams" CEO New Zealand Energy ContactsEmail: info@ Website: Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Information: This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. In particular, this news release contains forward-looking information regarding: the business of the Company, including future plans and objectives, the Private Placement, the debt settlement and the termination of the Vliet loan. There can be no assurance that such forward-looking information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such forward-looking information. This forward-looking information reflects NZEC's current beliefs and is based on information currently available to NZEC and on assumptions NZEC believes are reasonable. These assumptions include, but are not limited to: TSX Venture Exchange approval of the Private Placement, the underlying value of NZEC and its Common Shares, NZEC's current and initial understanding and analysis of its projects and the development required for such projects; the costs of NZEC's projects; NZEC's general and administrative costs remaining constant; and the market acceptance of NZEC's business strategy. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of NZEC to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: general business, economic, competitive, political and social uncertainties; industry condition; volatility of commodity prices; imprecision of reserve estimates; environmental risks; operational risks in exploration and development; general capital market conditions and market prices for securities; delay or failure to receive board or regulatory approvals; the actual results of future operations; competition; changes in legislation, including environmental legislation, affecting NZEC; the timing and availability of external financing on acceptable terms; and lack of qualified, skilled labour or loss of key individuals. A description of additional risk factors that may cause actual results to differ materially from forward-looking information can be found in NZEC's disclosure documents on the SEDAR+ website at Although NZEC has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Readers are cautioned that the foregoing list of factors is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Forward-looking information contained in this news release is expressly qualified by this cautionary statement. The forward-looking information contained in this news release represents the expectations of NZEC as of the date of this news release and, accordingly, is subject to change after such date. However, NZEC expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law. To view the source version of this press release, please visit Sign in to access your portfolio
Yahoo
2 days ago
- Business
- Yahoo
Sable Closes C$1.75 Million Private Placement with Moxico Resources
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, July 18, 2025 (GLOBE NEWSWIRE) -- Sable Resources Ltd. ('Sable' or the 'Company') (TSXV:SAE | OTCQB:SBLRF) announces that further to the Company's news release of July 2, 2025, it has closed its non-brokered private placement with Moxico Resources plc ('Moxico') raising gross proceeds of C$1,749,000 through the issuance of 31,800,000 common shares ('Shares') at a price of C$0.055 per Share (the 'Private Placement'). As a result of the Private Placement, Moxico owns 31,800,000 Shares, which represent approximately 9.9% of Sable's issued and outstanding Shares. Pursuant to the terms of the subscription agreement entered into by the parties in connection with the Private Placement, Sable granted Moxico customary participation and anti-dilution rights which enable Moxico to maintain its pro rata equity interest in the Company for so long as Moxico maintains a minimum ownership threshold. The proceeds from the Private Placement will be used by the Company for exploration and general corporate and working capital purposes. The Shares issued under the Private Placement are subject to a four month hold period from the date of issue in accordance with applicable securities laws. The Private Placement remains subject to final approval of the TSX Venture Exchange ('TSXV'). The TSXV has conditionally approved the listing of all Shares issued under the Private Placement. Moxico is an unlisted public mining company headquartered in the United Kingdom. As previously announced, the Company and its subsidiary entered into a binding letter agreement with Moxico that granted Moxico an exclusive option to acquire 51% of the Company's El Fierro Project and Cerro-Negro Property, subject to certain exploration and expenditure terms. See the Company's press release dated February 27, 2025 for additional details about Moxico and this option transaction. The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful. ABOUT SABLE RESOURCES LTD. Sable is a well-funded junior grassroots explorer focused on the discovery of Tier-One new precious metal and copper projects through systematic exploration in endowed terranes located in favorable, established mining jurisdictions. Sable's focus is developing its large portfolio of new Greenfields projects to resource level. Sable is actively exploring the San Juan Regional Program (163,969 ha) incorporating the Don Julio, El Fierro, and Cerro Negro projects in San Juan province, Argentina and the Copper Queen (15,133 ha), Copper Prince (3,980 ha), and Core Mountain (1,925 ha) properties in British Columbia. For further information, please contact: Ruben Padilla, President & CEO at or +1 (520) 488-2520 Related link: Neither the TSX Venture Exchange nor its Regulation Services Provider, as that term is defined in the policies of the TSX Venture Exchange, accepts responsibility for the adequacy or accuracy of this release. CAUTION REGARDING FORWARD-LOOKING STATEMENTS Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words 'could', 'intend', 'expect', 'believe', 'will', 'projected', 'estimated' and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on Sable's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. Although such statements are based on reasonable assumptions of Sable's management, there can be no assurance that any conclusions or forecasts will prove to be accurate. In particular, this press release contains forward-looking information relating to, among other things, the use of proceed from the Private Placement and the receipt of final approval from the TSXV. While Sable considers these assumptions to be reasonable based on information currently available, they may prove to be incorrect. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks inherent in the exploration and development of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined, risks relating to variations in grade or recovery rates, risks relating to changes in mineral prices and the worldwide demand for and supply of minerals, risks related to increased competition and current global financial conditions, access and supply risks, reliance on key personnel, operational risks, and regulatory risks, including risks relating to the acquisition of the necessary licenses and permits, financing, capitalization and liquidity risks. The forward-looking information contained in this release is made as of the date hereof, and Sable is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained in to access your portfolio
Yahoo
2 days ago
- Business
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Future Fuels Inc. Announces $1.5 Million Private Placement
VANCOUVER, BC / / July 17, 2025 / Future Fuels Inc. (the "Company" or "Future Fuels") (TSXV:FTUR)(FSE:S0J) is pleased to announce a non-brokered private placement of up to 3,750,000 units (the "Units") at a price of $0.40 per Unit for gross proceeds of up to $1,500,000. Each Unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at a price of $0.60 for a period of two years from the date of issuance. Proceeds from the offering will be used for general corporate purposes, which may include investor relations activities, and to advance exploration and development at the Company's Hornby Uranium Project in Nunavut. The Company may pay finder's fees in accordance with applicable securities laws and TSX Venture Exchange policies. All securities issued will be subject to a hold period of four months and one day from the date of issuance. Closing of the private placement is subject to TSX Venture Exchange approval. Marketing Update: The Company also wishes to announce that it has increased the maximum budget of its renewed engagement with MCS Market Communication Service GmbH ("MCS") for the continued provision of a range of on-line marketing services, including campaign creation and production of marketing materials, as well as research and analytics, by up to an additional 100,000 euros. The services are expected to run until December 10, 2025, or until budget exhaustion. No securities have been provided to MCS or its principals as compensation. About Future Fuels Inc. Future Fuels' principal asset is the Hornby Uranium Project, covering the entire 3,407 km² Hornby Basin in north-western Nunavut, a geologically promising area with over 40 underexplored uranium showings, including the historic Mountain Lake Deposit. Additionally, Future Fuels holds the Covette Property in Quebec's James Bay region, comprising 65 mineral claims over 3,370 hectares. On behalf of the Board of Directors FUTURE FUELS LeckieCEO and Director info@ Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward Looking Statements This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include but are not limited to market conditions, the early stage nature of the Company's assets, the inherently unpredictable nature of early stage mineral exploration and the additional risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information, including, but not limited to, potential completion of the financing described herein and the use of proceeds thereof, the Company's anticipated business and operational activities, and the Company's plans with respect to the exploration or advancement of its assets. Factors that could cause actual results to vary from forward-looking statements or may affect the operations, performance, development and results of the Company's business include, among other things, the Company's ability to generate sufficient cash flow to meet its current and future obligations; that mineral exploration is inherently uncertain and may be unsuccessful in achieving the desired results; that mineral exploration plans may change and be re-defined based on a number of factors, many of which are outside of the Company's control; the Company's ability to access sources of debt and equity capital; competitive factors, pricing pressures and supply and demand in the Company's industry; and general economic and business conditions. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law. SOURCE: Future Fuels Inc. View the original press release on ACCESS Newswire Sign in to access your portfolio
Cision Canada
4 days ago
- Business
- Cision Canada
IAN ROGERS INCREASES HOLDINGS IN LINCOLN GOLD MINING INC.
VANCOUVER, BC, July 16, 2025 /CNW/ - Ian Rogers (the " Acquiror") announces that on July 14, 2025 and July 15, 2025, the Acquiror completed transactions to acquire 4,500,000 common shares (the " LMG Shares") of Lincoln Gold Mining Inc. (" LMG") (TSXV: LMG) at a price of $0.20 per LMG Share, for aggregate consideration of $900,000.00. Immediately following the acquisition, the Acquiror had beneficial ownership, and control and direction of, a total of 4,942,000 LMG Shares, representing approximately 21.91% of the outstanding LMG Shares as of the date hereof (based on there being 22,559,831 LMG Shares outstanding per LMG's Management's Discussion and Analysis for the three months ended March 31, 2025). Immediately prior to the acquisition, the Acquiror had beneficial ownership, and control and direction of, 442,000 LMG Shares, representing approximately 1.96% of the outstanding LMG Shares. The acquisition was made through the facilities of the TSX Venture Exchange in reliance on the "private agreement exemption" contained in section 4.2 of National Instrument 62-104 - Take-Over Bids and Issuer Bids (" NI 62-104") on the basis that the purchase of the LMG Shares was not made from more than five persons in the aggregate, the offer to purchase was not made generally to all holders of LMG Shares, and the value of the consideration paid for the LMG Shares by the Acquiror pursuant to the acquisition, including any fees and commissions, was not greater than 115% of the market price of LMG Shares at the date of the acquisition as determined in accordance with NI 62-104. On April 15, 2025, certain holders of LMG Shares (the " Shareholders for Accountability") announced that they had requisitioned an annual and special meeting of shareholders for certain purposes, including to fix the number of directors of LMG at three and to elect a current director, Matthew Mikulic, and the Acquiror as the directors of LMG. The Acquiror intends to vote his LMG Shares in support of the Shareholders for Accountability at LMG's shareholder meeting scheduled for August 15, 2025. The Acquiror will continue to monitor the business, prospects, financial condition and potential capital requirements of LMG. Depending on the Acquiror's evaluation of these and other factors, the Acquiror may from time to time in the future decrease or increase, directly or indirectly, his ownership, control or direction over securities of LMG through market transactions, private agreements, subscriptions from treasury or otherwise, or may in the future develop plans or intentions relating to any of the other actions listed in paragraphs (a) through (k) of Item 5 of Form 62-103F1 – Required Disclosure under the Early Warning Requirements. LMG's head office is located at 789 West Pender St., Suite 400, Vancouver, British Columbia V6C 1H2. The LMG Shares are listed on the TSX Venture Exchange under the symbol LMG. A copy of the Early Warning Report to be filed by the Acquiror will be available on SEDAR+ under LMG's profile on For more information, or to obtain a copy of the Early Warning Report, please contact:
