13:57:58 EST Sat 31 Jan 2026
Enter Symbol
or Name
USA
CA



Brasnova Energy Metals Inc
Symbol BEM
Shares Issued 44,192,263
Close 2026-01-30 C$ 0.105
Market Cap C$ 4,640,188
Recent Sedar+ Documents

Brasnova applies for approval for $750,000 placement

2026-01-30 17:45 ET - News Release

Ms. Maria Conejo reports

BRASNOVA ENERGY MATERIALS INC. FILES FOR APPROVAL OF $750,000 PRIVATE PLACEMENT FINANCING

Further to Brasnova Energy Materials Inc.'s Jan. 19, 2026 news release, the company has filed documents with the TSX Venture Exchange seeking conditional approval of its non-brokered private placement financing for aggregate gross proceeds of up to $750,000.

On receipt of exchange approval, the company will issue up to 7.5 million units at 10 cents, each unit consisting of one common share of the company and one common share purchase warrant with each warrant being exercisable for an additional common share at an exercise price of 20 cents for 24 months. The warrants are subject to the right of the company to accelerate the exercise of the warrants if the shares of the company trade at or above 50 cents for a period of 10 consecutive trading days.

Brasnova Energy also announces that, subject to exchange approval, the company is closing a first tranche of $250,000 of the financing, by issuing 2.5 million units.

Finders' fees in accordance with TSX Venture Exchange policies may apply to the financing. Proceeds raised from the financing will be used for project payments and acquisitions, exploration and development, and working capital expenditures.

All securities issued pursuant to the Financing will be subject to a statutory hold of four months and one day from the date of issue.

About Brasnova Energy Materials Inc.

Brasnova Energy Materials is focused on securing, developing and monetizing Brazilian critical materials assets and related materials technologies, to build shareholder value.

We seek Safe Harbor.

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