Financing type: brokered private placement
Gross proceeds: $13,225,232.304
Offering: 3.75 million non-flow-through shares;
2,924,000 flow-through CEE (Canadian exploration expenses) shares (national and Manitoba);
31,163,633 flow-through CEE shares (national);
10,163,000 flow-through CDE (Canadian development expenses) shares (national)
Offering price: 20.000 cents per non-flow-through share;
34.200 cents per flow-through CEE share (national and Manitoba);
28.800 cents per flow-through CEE share (national);
24.600 cents per flow-through CDE share (national)
Commissions in securities: Haywood Securities Inc. (lead), 1,755,191 warrants;
Velocity Trade Capital Ltd., 749,846 warrants
Commission terms: Each non-transferable warrant is exercisable at 22 cents for a two-year period and 375,000 non-transferable warrants are exercisable at 22 cents for a nine-month period.
Disclosure: Refer to the company's news releases dated June 24, 2025, and July 17, 2025.
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