00:05:02 EST Tue 20 Jan 2026
Enter Symbol
or Name
USA
CA



Enerev5 Metals Inc
Symbol ENEV
Shares Issued 278,883,918
Close 2026-01-19 C$ 0.01
Market Cap C$ 2,788,839
Recent Sedar+ Documents

Enerev5 Metals arranges $400,000 private placement

2026-01-19 17:03 ET - News Release

Mr. Errol Farr reports

ENEREV5 METALS INC. STAKES ANNOUNCES $400,000 NON-BROKERED PRIVATE PLACEMENT AND SECURITIES-FOR-DEBT TRANSACTION

Enerev5 Metals Inc. intends to complete a non-brokered private placement of up to 40 million units at a price of one cent per unit for gross proceeds of up to $400,000.

Each unit will consist of one common share of the company and one share purchase warrant. Each warrant will entitle the holder, to acquire one share at an exercise price of five cents per warrant for a period of five years following the closing date of the offering. The proceeds of the offering will be used for general corporate and working capital purposes and project review and acquisition costs.

The company also announces that it intends to complete a securities for debt transaction, to settle up to $105,500 in liabilities through the issuance of up to 10,555,000 units at a price of one cent per units. Non-arm's-length parties (as that term is defined in the policies of the TSX Venture Exchange) that participate in the debt settlement shall settle eligible debt through the issuance of shares at a price of one cent per share.

Certain insiders of Enerev5 may participate in the offering; however, the total participation by insiders is not expected to exceed 25 per cent of the offering.

Completion of the offering and the debt settlement will be subject to customary closing conditions, including the receipt of all necessary approvals including that of the exchange. All securities issued and issuable will be subject to a statutory hold period of four months and one day, in accordance with applicable Canadian securities laws. The company may pay a commission to eligible finders in connection with the offering and in compliance with applicable laws and subject to exchange approval.

About Enerev5 Metals Inc.

Enerev5 Metals is a Canadian exploration company focused on the identification and development of critical battery metals projects in stable, mining-friendly jurisdictions. The company's strategy is to build a portfolio of early stage assets that have the potential to supply ethically sourced metals essential to the global transition to clean energy. Enerev5 is currently advancing lithium exploration in northeastern Nevada and continues to evaluate additional opportunities in high-potential jurisdictions to support its long-term growth objectives.

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