09:47:20 EST Wed 21 Jan 2026
Enter Symbol
or Name
USA
CA



Bronco Resources Corp
Symbol BRON
Shares Issued 33,171,817
Close 2026-01-20 C$ 0.065
Market Cap C$ 2,156,168
Recent Sedar Documents

ORIGINAL: Bronco Closes Second and Final Tranche of Financing

2026-01-21 03:59 ET - News Release

(via TheNewswire)

Bronco Resources Corp.
 

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES

OR FOR DISSEMINATION IN THE UNITED STATES

 

January 20, 2026 – TheNewswire - BRONCO RESOURCES CORP. (TSX-V: BRON ) (“ Bronco ” or the “ Company ”), is pleased to announce the further to it news release of January 8, 2026 the Company has closed effective January 19, 2026 the non-flow-through portion (the " Final Tranche ") of the Financing ( see also new releases of December 23, 2025, December 29, 2025, December 31, 2025 ). In total, the Company has now raised $340,000.08 through a combination of flow-through and non-flow-through financings.

 

Under the Final Tranche the Company issued 2,800,000 units of the Company (the “N FT Units ”) at a price of $0.05 per NFT Unit (the “ Final Tranche ”) for gross proceeds of $ 140,000 (the “ NFT Proceeds ”).

 

Each NFT Unit consists of one common share and one-half of one non-transferable common share purchase warrant (each whole warrant a “ Warrant ”) with each Warrant exercisable at a price of $0.10 per share for a period until January 19, 2028.

 

Under the First Tranche closing the Company issued 3,636,365 flow-through units (the " FT Units ") at a price of $0.055 per FT Unit for an aggregate gross proceeds of $200,000 (the “ FT Proceeds ”).

 

Each FT Unit consists of one common share that qualifies as a “flow-through share” within the meaning of the  Income Tax Act  (Canada) and one-half of one non-transferable common share purchase warrant (each whole warrant a “ Warrant ”) with each Warrant exercisable at a price of $0.10 per share until December 31, 2027.

 

The Company paid aggregate finders' fees of $5,250 cash and 97,727 finders warrants (“ Finder Warrant ”). Each Finder Warrant will be non-transferable and will entitle the holder to acquire one additional common share in the capital of the Company at a price of $0.10.  Of the Finders Warrants 72,727 Finders Warrants in connection with the First Tranche are exercisable until December 31, 2027 and 25,000 Finder Warrants in connection with the Final Tranche are exercisable until January 19, 2028.  

 

All securities issued pursuant to the Final Tranche are subject to a statutory four month and one day hold period until May 20, 2026 and the Initial Tranche until May 1, 2026.  

 

The NFT Proceeds will be used by the Company for general working capital and administrative purposes .

   

The FT Proceeds will be used by the Company to incur eligible Canadian exploration expenses that will qualify as flow-through mining expenditures to advance the Company’s Placer Mountain Gold Project in British Columbia. All qualifying expenditures will be renounced in favour of the subscribers of the FT Shares effective December 31, 2025.  

  

As previously announced ( December 31, 2025) an insider of the Company participated in the First Tranche Closing for an aggregate amount of 90,909 FT Units. Such participation is considered a related party transaction under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“ MI 61-101 ”). In completing such transaction, the Company relied on exemptions from the formal valuation and minority shareholders approval requirements provided under sections 5.5(a) and 5.7(a) of MI 61-101 on the basis that the Insiders’ participation in the Offering did not exceed 25% of the fair market value of the Company.

None of the securities sold in connection with the Financing will be registered under the United States Securities Act of 1933, as amended, and no such securities may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

 

About Bronco

Bronco Resources Corp. is a TSX Venture listed Canadian public company with a Board of Directors seasoned in the mineral exploration industry and having extensive and successful international experience with a focus on identifying, acquiring, and advancing prospective and under-explored gold properties worldwide.

 

ON BEHALF OF THE BOARD OF DIRECTORS OF BRONCO

“Corbin Stewart”

Corbin Stewart, President and CEO

 

For additional information visit Bronco’s website at https:// www.broncoresources.com

or contact:

 

Bronco Resources Corp.

Corbin Stewart

Chief Executive Officer

Ph: (236-763-6827)

 

Forward-Looking Information

This press release contains certain forward-looking information and forward-looking statements within the meaning of applicable Canadian securities legislation (collectively, " Forward-looking Statements "). Any statements that are contained in this press release that are not statements of historical fact may be deemed to be Forward-looking Statements. Forward-looking Statements are frequently, but not always, identified by words such as "may", "will", "intends", "proposed", "believes", "continues", "plans", "expects" or similar expressions (or the negative and grammatical variations of any of these terms). Forward-looking Statements in this press release include, but are not limited to, statements with respect to: the intended use of net proceeds from the Financing; the Company's resource properties and future capital requirements; and the Company's plans, focus and objectives.

 

Forward-looking Statements involve various risks and uncertainties and are based on certain factors and assumptions. Although Bronco’s management considers these beliefs and assumptions reasonable based on currently available information, there can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking Statements necessarily involve known and unknown risks, and important factors, among others, that could cause actual results to differ materially from the Company's expectations include: uncertainties related to the Company's ability to access investors for the Financing; the timeliness and success of regulatory approvals; fluctuations in copper and other commodity prices; uncertainties inherent in the exploration of mineral properties; risks associated with general economic conditions; changes in legislation, income tax and regulatory matters; currency and interest rate fluctuations; inability to access sufficient capital from internal and external sources.

 

Readers are further cautioned not to place undue reliance on Forward-looking Statements as there can be no assurances that the plans, intentions or expectations upon which they are placed will occur. The Company undertakes no obligation to update or revise any Forward-looking Statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for Bronco to predict all of them, or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any Forward-looking Statement. Any Forward-looking Statements contained in this press release are expressly qualified in their entirety by this cautionary statement.

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

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