International Prospect Ventures Announces Over-Subscription to Private Placement Financing
International Prospect Ventures Announces
Over-Subscription to Private Placement
Financing
Val-d'Or, Québec--(Newsfile Corp. - September 25, 2025) -
International Prospect Ventures Ltd.
(TSXV: IZZ) (the "Company") announces that, further to its news release of September 24, 2025, it has
increased the size of its previously announced non-brokered private placement offering such that it will
issue up to 12,000,000 Units at a per Unit price of $0.05 for gross proceeds of up to $600,000 (instead
of 7,000,000 Units for gross proceeds of up to $350,000, as previously announced).
Each Unit will
consist of one common share in the capital of the Company and one non-transferable share purchase
warrant entitling the holder thereof to acquire one common share of the Company at a per share price of
$0.07 for a period of 36 months from the closing date.
The offering is subject to acceptance by the TSX Venture Exchange.
The proceeds raised from this
offering will be used by the Company for general corporate purposes.
All securities issued will be subject
to a hold period of four months and one day from the date of closing of the offering in accordance with
applicable securities legislation and the policies of the TSX Venture Exchange.
About International Prospect Ventures Ltd.
International Prospect Ventures is a junior mineral exploration company that holds interests in mining
claims and tenements (and is continuing to acquire additional interests) located primarily in the Pilbara
Craton, Western Australia, within an area Southeast of Karratha, where early-stage gold discoveries
have been reported.
The Company also has a 100% interest in the Porcupine Miracle Gold Prospect, consisting of 4 mineral
claims located in Langmuir Township, Ontario.
International Prospect Ventures continues to evaluate additional opportunities on an ongoing basis.
For additional information, please contact:
Glenn J. Mullan
President and CEO
2772 chemin Sullivan
Val-d'Or, Québec J9P 0B9
Tel.: 819-824-2808, x 204
Email:
Website:
www.iprospectventures.ca
Forward-Looking Statements:
This news release contains certain statements that may be deemed "forward-looking statements.
Forward-looking statements are statements that are not historical facts and are generally, but not always,
identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects",
"potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should"
occur. Although the Company believes the expectations expressed in such forward-looking statements
are based on reasonable assumptions, such statements are not guarantees of future performance and
actual results or realities may differ materially from those in forward-looking statements. Forward-looking
statements are based on the beliefs, estimates and opinions of the Company's management on the date
the statements are made. Except as required by law, the Company undertakes no obligation to update
these forward-looking statements in the event that management's beliefs, estimates or opinions, or other
factors, should change.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
news release.
THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR
DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES,
AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO
SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE
SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED
STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND
MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS
REGISTERED OR EXEMPT THEREFROM.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/267893