$DLTA.V

3 stories mentioning DLTA.VUpdated 22d ago

Every FINWIRES story that references DLTA.V, newest first.

Delta Resources Raises $6.6 Million in Total in a Premium Charity Flow-Through Unit Financing

Delta Resources (DLTA.V) one Wednesday said it closed the second and final tranche of a non-brokered private placement offering of charity flow-through shares, raising $0.8 million.The company placed 3.3-million charity flow-through units (FT units) priced at $0.245 and made up of a tax-advantaged share and one half of a 30-month warrant to buy a share fo $0.28.With the first and second tranches, Delta placed total of 26.8-million units for $6.6 million. Proceeds raised from the issuance of the FT units will be used to fund "Canadian exploration expenses".Shares of the company were last seen down $0.005 to $0.175 on the TSX Venture Exchange.Price: $0.18, Change: $-0.01, Percent Change: -2.78%

$DLTA.V

Mining & Metals42d ago

Delta Resources Up 8% As Raises $5.8M After Closing First Tranche of Premium Charity Flow Through Financing

Delta Resources (DLTA.V) was at last look up 8% after closing the first tranche of its non-brokered private placement offering, raising near $5.8 million.The company issued near 23.5-million charity flow-through units for $0.245 apiece as part of the offering. Each FT unit consists of one flow-through common share and one half of one non-flow-through common share purchase warrant, with each whole warrant being exercisable to buy a share for $0.28 for a period of 30 months from the date of issuance.Proceeds raised from the issuance will be used to fund "Canadian exploration expenses".Price: $0.20, Change: $+0.02, Percent Change: +8.11%

$DLTA.V

Mining & Metals57d ago

Delta Resources Upsizes Premium Charity Flow Through Financing to $6 Million

Delta Resources (DLTA.V) upsized its previously announced premium charity flow through financing to $6 million from $5 million, it said Thursday.The company entered into an arrangement with Wealth Creation Preservation & Donation (WCPD) for a non-brokered structured private placement offering, consisting of the issuance of up to 26-million charity flow-through units at $0.245 apiece. Each FT unit consists of one flow-through common share and one-half of one non-flow-through common share purchase warrant.Each warrant will be exercisable to buy a share for $0.28 for 30 months following the date of issuance. Proceeds from the sale of the FT units, will be used to incur eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" on or before Dec. 31, 2027.The company plans to use the proceeds from the offering to conduct further exploration at the Delta 1 property in Thunder Bay, Ontario. The offering is expected to close on or about April 30.Shares of the company were last seen unchanged at $0.205 on the TSX Venture Exchange.

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