02:41:51 EDT Tue 22 Sep 2026
Enter Symbol
or Name
USA
CA



Absolutely Critical Resources Corp
Symbol ABC
Shares Issued 38,810,111
Close 2026-09-21 C$ 0.015
Market Cap C$ 582,152
Recent Sedar+ Documents

Absolutely Critical gets no objection for financing

2026-09-22 01:22 ET - News Release

Mr. John O'Donnell reports

ABSOLUTELY CRITICAL RESOURCES CORP. TO COMPLETE NON-BROKERED PRIVATE PLACEMENT

Absolutely Critical Resources Corp. has been advised that the TSX Venture Exchange does not object to the closing of the private placement announced by the company on Aug. 24, 2026.

The company is issuing 10 million common shares of the company at a price of 1.5 cents per unit for total gross proceeds of $150,000. No commissions or finders' fees are payable in connection with the fully subscribed offering.

The proceeds derived from the sale of the shares will be expended as follows:

  • Massey nickel/copper project -- diamond drill high-priority target: $80,000;
  • Massey nickel/copper project -- option payment: $30,000;
  • Working capital -- general administrative expenses and working capital, including audit, annual general meeting and filing fees: $30,000;
  • Mary Ann's Lake project -- preparation of National Instrument 43-101 technical report: $10,000.

The offering was allocated to investors relying on the accredited investor and family and friends prospectus exemptions available to Absolutely Critical. No new control persons were created as a result of this offering.

Certain insiders (as such term is defined under the policies of the TSX Venture Exchange) of the company participated in $48,600 of the offering. The participation of insiders in the offering constitutes a related party transaction within the meaning of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The company relies on exemptions from the formal valuation and minority shareholder approval requirements provided under subsections 5.5(a) and 5.7(a) of MI 61-101 on the basis that participation in the offering by insiders does not exceed 25 per cent of the fair market value of the company's market capitalization.

All securities issued in connection with the offering are subject to a hold period, which expires four months and one day after the date the securities are issued.

We seek Safe Harbor.

© 2026 Canjex Publishing Ltd. All rights reserved.