Business
RE Royalties Announces Non-Brokered Listed Issuer Financing Equity Offering
All amounts in Canadian dollars unless otherwise stated NOT FOR DISTRIBUTION TO U.S. NEWSWIR...
About this update from Re Royalties Ltd.
[{"type":"text","content":"RE Royalties Announces Non-Brokered Listed Issuer Financing Equity Offering All amounts in Canadian dollars unless otherwise statedNOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE UNITED STATES VANCOUVER, BC / ACCESS Newswire / September 8, 2025 / RE Royalties Ltd. (TSXV:RE)(OTCQX:RROYF) (\"RE Royalties\" or the \"Company\"), a global leader in renewable energy royalty-based financing, is pleased to announce a non-brokered private placement offering of up to 10,625,000 units at a price of $0.32 per unit for aggregate gross proceeds of up to $3,400,000 (the \"Offering\"). Each unit (each, a \"Unit\") will be comprised of one (1) common share of the Company (a \"Common Share\") and one (1) common share purchase warrant (a \"Warrant\"). Each Warrant is exercisable into one (1) Common Share at an exercise price of $0.45 per Warrant for a period of thirty-six (36) months.The Units to be issued under the Offering will be offered to purchasers pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions as amended by Coordinated Blanket Order 45-935 Exemptions from Certain Conditions of the Listed Issuer Financing Exemption in the provinces of Ontario, British Columbia and Alberta, and in certain other jurisdictions pursuant to applicable securities laws. The Units will not be subject to resale restrictions pursuant to applicable Canadian securities laws. The Company has prepared and filed an offering document (the \"Offering Document\") relating to the Offering that can be accessed under the Company's profile at www.sedarplus.com, as well as on the Company's website. Prospective investors should read the Offering Document before making an investment decision.Closing of the Offering is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including but not limited to, the approval of the TSX Venture Exchange (the \"Exchange\"). As described in greater detail in the Offering Document, the proceeds of the Offering will be used to for working capital and for general corporate purposes.In connection with the Offering, the Company may pay finders' fees of up to 6.0% of the gross proceeds raised by the Company from the sale of Units to subscribers directly introduced to the Company by eligible finders.The securit...