Torque Metals Ltd has raised $4.25 million in funding through a share placement and a drill-for-equity deal. The funds will be used for drilling programs at the New Dawn Lithium Project and Paris Gold Project. The company aims to expand the exploration footprint, produce a maiden mineral resource at New Dawn, and conduct deeper diamond drilling at Paris. Torque Metals reported high-grade gold intercepts at the Paris Gold Project in 2023 and is optimistic about the potential for further success. The drill-for-equity deal with Topdrill Pty Ltd allows Torque to satisfy up to 100% of drilling costs by issuing ordinary shares. [3dfb02e5]
MiniLuxe Holding Corp. has completed a "top up" closing of a non-brokered convertible debenture unit offering, raising approximately US$500,000. This brings the total recent fundings for MiniLuxe to over US$6 million in the last six months. The recent offering was initiated to welcome additional subscriptions from friends and family of existing investors. MiniLuxe has also received a US$2 million follow-on financing from Flow Capital Corp. The company may initiate an additional equity financing over the next 12 months. MiniLuxe is a lifestyle brand and talent empowerment platform in the beauty and self-care industry, focusing on delivering high-quality nail care and esthetic services. [7a228b4d]