Wednesday, October 8, 2025

Latest

PopReach Announces $10.0 Million Bought Deal Financing

PopReach Corporation (TSXV: POPR) this morning announced that it is conducting a bought deal private placement for gross proceeds of $10.0 million. The financing, lead by Beacon Securities on behalf of a syndicate of underwriters, will see 8.0 million common shares of the issuer sold.

The financing is not to include any warrant in the offering, with common shares sold at $1.25 a piece. An over allotment option has also been granted for a period of 30 days, enabling the financing to be expanded by up to 15% upon exercise.

Proceeds from the offering are intended to be used for acquisitions, working capital, and general corporate purposes. The financing is expected to close by November 26, 2020.

PopReach Corp last traded at $1.50 on the TSX Venture.


Information for this briefing was found via Sedar, PopReach, and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

PopReach Receives Upgraded Price Target from Canaccord Amid $5M Investment from Alibaba Investment Arm

On Thursday, PopReach (TSXV: POPR) announced a $5.0 million investment from eWTP Tech Innovation Fund...

Sunday, October 18, 2020, 12:48:00 PM

PopReach Inks Reverse Takeover Deal With Federated Foundry For $160 Million

PopReach Corporation (TSXV: POPR) announced on Monday that it has signed a definitive agreement with...

Tuesday, October 19, 2021, 10:56:00 AM

PopReach Closes $17.3 Million Bought Deal Financing

PopReach Corporation (TSXV: POPR) announced this morning that it has completed its previously announced public...

Friday, November 27, 2020, 11:45:11 AM

PopReach Acquires Self-Improvement App For US$5.0 Million

PopReach Corp (TSXV: POPR) this morning announced that it has entered into a binding purchase...

Monday, March 1, 2021, 07:17:43 AM

Eight Capital Initiates Coverage On PopReach With C$2.35 Price Target

Yesterday Eight Capital initiated coverage on PopReach Corp (TSXV: POPR) with a C$2.35 price target...

Tuesday, October 20, 2020, 04:41:28 PM