Mr. Steve Roebuck reports
HIGH TIDE RESOURCES ANNOUNCES UPSIZE TO PRIVATE PLACEMENT
High Tide Resources Corp. is upsizing its non-brokered private placement previously announced on Feb. 5, 2026, pursuant to which the company intends to issue up to 3.75 million units of the company at a price of 20 cents per non-LIFE (listed issuer financing exemption) unit for gross proceeds of up to $750,000. The terms of the company's non-brokered LIFE private placement, as announced on Feb. 19, 2026, remain unchanged. The aggregate gross proceeds of the offerings will be up to $8,325,000.
The offerings are expected to close on or about March 18, 2026, or such other date or dates as the company may determine, subject to the receipt of all required regulatory approvals.
There is an offering document related to the LIFE offering that can be accessed under the company's profile on SEDAR+ and on the company's website. Prospective investors should read this offering document before making an investment decision.
About High Tide Resources Corp.
High Tide is focused on and committed to the development of mineral projects critical to infrastructure development using industry best practices combined with a strong social licence from local communities. High Tide owns a 100-per-cent interest in the Labrador West iron project, which hosts a National Instrument 43-101 inferred iron resource of 654.9 million tonnes (t) at 28.84 per cent iron (Fe) and is located adjacent to IOCC's Carol Lake mine in Labrador City, Nfld. This resource is exposed at surface and was pit constrained for an open-pit mining scenario. The technical report was filed on SEDAR+ on April 6, 2023, and was written by Ryan Kressall, MSc, PGeo, Matthew Herrington, MSc, PGeo, Catharine Pelletier, PEng, and Jeffrey Cassoff, PEng.
The company also owns a 100-per-cent interest in the Lac Pegma copper-nickel-cobalt deposit located 50 kilometres southeast of Fermont, Que.
Further details on the company, including an NI 43-101 technical report on the Labrador West iron property, can be found on the company's website.
Qualified person
The technical information contained in this news release has been approved by Steve Roebuck, PGeo, chief executive officer and director of High Tide, who is a qualified person as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects.
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