Business
Greenstone Announces First Closing of Secondary Private Placement Offering of Shares of Gunnison Copper Corp.
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. GUERNSEY, Channel Islands, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Greenstone Resources II LP (“Greenstone”) announces today that it, together with its affiliates Greenstone Excelsior Holdings LP, Greenstone Co-Investment No 1 (Excelsior) LP and Greenstone Co-Investment No 2 (Excelsior) LP (together, the “Greenstone Group”
About this update from Gunnison Copper Corp.
[{"type":"image","alt":"Greenstone Resources II L.P.","displaySize":"","headline":null,"caption":"Greenstone Resources II L.P.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":75,"url":"https://media.zenfs.com/en/globenewswire.com/c2f107e0b7b36442c6dce8419cd1ba16"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/pgci2vciTmsyzrWcgJfKkQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTEwNTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/c2f107e0b7b36442c6dce8419cd1ba16","width":300,"height":75}},"lazy":false},{"type":"text","content":"NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.","length":181,"tagName":"p"},{"type":"text","content":"GUERNSEY, Channel Islands, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Greenstone Resources II LP (“Greenstone”) announces today that it, together with its affiliates Greenstone Excelsior Holdings LP, Greenstone Co-Investment No 1 (Excelsior) LP and Greenstone Co-Investment No 2 (Excelsior) LP (together, the “Greenstone Group”), have completed an initial closing of the sale of 113,607,200 common shares (the “Shares”) of Gunnison Copper Corp. (“Gunnison”) owned by the Greenstone Group, at a price of C$0.45 per Share for gross proceeds to the Greenstone Group of C$51,123,240 (the “Initial Closing”), excluding commissions and expenses payable to Paradigm Capital Inc. (“Paradigm”).","length":676,"tagName":"p"},{"type":"text","content":"Share purchase agreements were entered into between the Greenstone Group, Paradigm and each purchaser or beneficial purchaser, as the case may be, in respect of the Shares sold by the Greenstone Group to such purchasers on the Initial Closing.","length":243,"tagName":"p"},{"type":"text","content":"In Canada, the Shares purchased under the Initial Closing are subject to a four-month and one day hold period from the date of the Initial Closing, in accordance with applicable Canadian securities laws. In the United States, the Shares will be "restricted securities" and may only be resold in accordance with Rule 144A, or another applicable exemption under the Securities Act, including outside the United States in accordance with Regulation S under the Securities Act.","length":483,"tagName":"p"},{"type":"text","content":"The Initial Closi...