Financing type: non-brokered private placement
Gross proceeds: $8,935,319.8720
Offering:
28,625,000 charity flow-through listed shares with 14,312,500 warrants attached; 27.5 million non-flow-through listed shares with 13.75 million warrants attached; 34,378,332 flow-through listed shares
Offering price: 12 cents per charity flow-through listed share; eight cents per non-flow-through listed share; 9.6 cents per flow-through listed share
Warrant exercise terms: 12 cents per listed share for a three-year period
Commissions in securities: 7,095,264 warrants
Commission terms: A total of 5,220,264 non-transferable finders' warrants were issued; 180,000 finders' warrants were issued at eight cents per finder's warrant, 2,750,264 finders' warrants were issued at 9.6 cents per finder's warrant and 2.29 million finders' warrants were issued at 12 cents per finder's warrant. Each finder's warrant entitles the holder to purchase one common share and one-half of one warrant. Each whole warrant entitles the holder to purchase one common share at an exercise price of 12 cents for a three-year period. Additionally, 1,875,000 non-transferable advisory warrants were issued at eight cents per advisory warrant. Each advisory warrant entitles the holder to purchase one common share and one-half of one warrant. Each whole warrant entitles the holder to purchase one common share at an exercise price of 12 cents for a three-year period.
Disclosure: refer to the company's news releases dated Feb. 26, 2026, March 5, 2026, March 18, 2026, and April 10, 2026
© 2026 Canjex Publishing Ltd. All rights reserved.