Business
ALDEBARAN ANNOUNCES C$20 MM BOUGHT DEAL LIFE OFFERING AND CONCURRENT PRIVATE PLACEMENT
Aldebaran Resources Inc. ("Aldebaran" or the "Company") (TSXV: ALDE) (OTCQX: ADBRF) is pleased to announce that it has entered into an agreement with Cormark Securities Inc. ("Cormark") and Red Cloud Securities Inc. ("Red Cloud"), as co-lead underwriters and joint bookrunners on behalf of a syndicate of underwriters (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal private placement basis, 6,154,000 common shares of the Company (the
About this update from Aldebaran Resources Inc
[{"type":"text","content":"/Not for distribution to United States newswire services or for dissemination in the United States. Not an offer of securities for sale in the United States/","length":157,"tagName":"p","attribs":{}},{"type":"text","content":"VANCOUVER, BC, Jan. 26, 2026 /CNW/ - Aldebaran Resources Inc. ("Aldebaran" or the "Company") (TSXV: ALDE) (OTCQX: ADBRF) is pleased to announce that it has entered into an agreement with Cormark Securities Inc. ("Cormark") and Red Cloud Securities Inc. ("Red Cloud"), as co-lead underwriters and joint bookrunners on behalf of a syndicate of underwriters (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal private placement basis, 6,154,000 common shares of the Company (the "Shares") at a price of C$3.25 per Share (the "Issue Price") for aggregate gross proceeds of C$20,000,500 (the "Offering").","length":745,"tagName":"p"},{"type":"text","content":"The Company has granted the Underwriters an option, exercisable in whole or in part, at any time prior to Closing Date, to purchase up to an additional 923,100 Shares at the Issue Price for additional gross proceeds of up to C$3,000,075.","length":237,"tagName":"p"},{"type":"text","content":"In addition to and concurrent with the Offering, the Company intends to complete a non-brokered private placement offering (the "Concurrent Private Placement") of up to 16,769,231 common shares of the Company at the Issue Price in connection with the exercise of contractual participation rights held by certain existing securityholders of the Company. The number of common shares to be issued pursuant to the Concurrent Private Placement will be determined after the securityholders have notified the Company of the extent of their participation. The closing of the Concurrent Private Placement is expected to occur at the same time as the Offering and is subject to the Company receiving all necessary regulatory approvals, including the approval of the TSX Venture Exchange (the "TSXV"). All common shares acquired pursuant to the Concurrent Private Placement will be subject to a hold period of four (4) months pursuant to applicable Canadian securities laws.","length":988,"tagName":"p"},{"type":"text","content":"The Co...