04:05:32 EST Wed 21 Jan 2026
Enter Symbol
or Name
USA
CA



HM Exploration Corp
Symbol HM
Shares Issued 13,236,227
Close 2026-01-20 C$ 0.23
Market Cap C$ 3,044,332
Recent Sedar Documents

HM Exploration closes private placement, grants options

2026-01-20 18:42 ET - News Release

Mr. Nicholas Rodway reports

HM EXPLORATION ANNOUNCES CLOSING OF PRIVATE PLACEMENT FOR GROSS PROCEEDS OF $600,000

HM Exploration Corp. has closed its non-brokered private placement previously announced on Dec. 22, 2025, and has issued 3,333,334 units, at a price of 18 cents per unit, for aggregate gross proceeds of $600,000.12. Each unit comprises one common share of the company and one-half of one transferable common share purchase warrant, with each warrant entitling the holder to acquire one additional share at an exercise price of 25 cents for a period of 36 months from the closing date.

The company will use the proceeds from the offering toward exploration on the company's properties and/or for general working capital purposes.

All securities issued in connection with the offering are subject to a statutory hold period of four months and one day.

The company also announces it has granted an aggregate of 1.3 million stock options to members of its board of directors, management team and consultants of the company. The options are exercisable at a price of 25 cents per common share for a term of five years, vesting in two equal tranches over two years. The options are governed by the terms of the company's equity incentive plan and the options, and any common shares issued upon the exercise of, are subject to a four-month hold period from the date of grant in accordance with the policies of the Canadian Securities Exchange.

About HM Exploration Corp.

HM Exploration is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in Canada. The company is currently advancing the Devil's Den project, an exploration-stage exploration project that consists of two contiguous claims totalling approximately 3,200 hectares, located on Vancouver Island, B.C. The project hosts multiple historical adits with high-grade surface occurrences that remain undrilled. The company also entered into an option agreement to acquire the Pilley's Island copper project, located in Newfoundland, Canada. The Pilley's Island project hosts a cluster of volcanogenic massive sulphide (VMS) systems and prospects with demonstrated high-grade Zn-Pb-Cu-Ag (zinc-lead-copper-silver) intersections.

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