MineSense Technologies Ltd. secured US $42M Series E funding led by J.P. Morgan Asset Management’s Sustainable Growth Equity with participation from Evok Innovations, Prelude Ventures, BDC Capital, Cycle Capital and Chrysalix Venture Capital. Osei Van Horne from J.P. Morgan joined MineSense board of directors.Continue Reading
Hertz Lithium filed for up to $2M IPO on Canadian Securities Exchange (CSE). Canaccord Genuity Corp. acts agent for the offering. McMillan LLP and Miller Thomson LLP acted as legal counsel to Hertz and agent respectively.Continue Reading
Torngat Metals Ltd. secured US $50M phased investment led by Cerberus Capital Management, L.P. Cerberus Capital’s John Gallagher, Nicholas Robinson and Thomas Gilman have joined Torngat board of directors with Gilman assuming Chair position. Continue Reading
Mitsui & Co., Ltd. to join Pallinghurst and Investissement Québec as insiders of Nouveau Monde Graphite in US $50M financing, as part of NMG’s offtake and strategic partnership with Mitsui and Panasonic Energy Co., Ltd.Continue Reading
Artemis Gold announced $86M bought deal financing led by National Bank Financial Inc. and up to $89M private placement with participation of Ryan Beedie and certain other management, insiders and shareholders. Continue Reading
Resource Capital Funds (RCF) to take NorZinc Ltd. private for $0.0325 in cash per NorZinc share for $12.7M to minority shareholders. Continue Reading
BVI domiciled Chinese firm Vantage Chance Limited completed $80M tranched investment in Western Potash Holding Corp. for 54% stake with the remaining 46% owned by Western Resources Corp. (TSX: WRX). Continue Reading
Ivanhoe Electric priced TSX/NYSE American IPO at low end of proposing price at US $11.75 to raise gross proceeds of US $169M. Ivanhoe Electric to commence trading on TSX/NYSE American on June 28, 2022. Continue Reading
Robert Friedland led and I-Pulse, Century Vision Holdings, Fidelity, Orion Mine Finance, BlackRock, and BHP Group backed Ivanhoe Electric to raise up to US $179.85M from TSX/NYSE American IPO through issuance of 14,388,000 shares at US $11.75-$12.50 per share. Continue Reading
Chengxin Lithium Group Co. closed $29.911M investment in Lithium Chile Inc. by way of non-brokered private placement of 29.38M shares at $0.95 per share, becoming largest shareholder with control of 37,951,440 shares (19.75%). Continue Reading
Western Potash Corp., wholly owned subsidiary of Western Resources Corp. (TSX: WRX), closed $45M first tranche of $85M loan transaction with Appian Capital Advisory LLP. Continue Reading
Green Technology Metals Limited (ASX: GT1) closed AUS $55 million private placement with AUS $12.8 million from two Canadian investors. Continue Reading
Austin Gold Corp. closed US $15M NYSE American IPO, issuing 3,754,750 shares at $4 per share. Roth Capital Partners and Pacific Century Securities led the offering. DuMoulin Black LLP, Dorsey & Whitney LLP, Pryor Cashman LLP acted as legal counsels. Continue Reading
Birch Hill Equity Partners with support of Investissement Québec and in partnership with Polycor management acquired Polycor from TorQuest Partners, Wynnchurch Capital, PNC Mezzanine Capital. Patrick Perus, Kevin Jack and Michael Singh will continue to lead Polycor. Continue Reading
BHP Group Limited to invest $100M in Filo Mining Corp., a Lundin Group Company, for 5% stake Continue Reading
Koch Strategic Platforms (KSP), a subsidiary of Koch Investments Group, to invest CDN $127M or US $100M in Standard Lithium for 8.5% stakeContinue Reading
Tembo Capital and Resource Capital Funds backed Arizona Sonoran Copper Company filed for IPO. RBC Dominion Securities and Haywood Securities act as co-lead underwriters while Bennett Jones LLP and McCarthy Tétrault LLP act as legal counselsContinue Reading
