New listing -- shares
Effective at the opening, Monday, July 27, 2026, the common shares of the company will commence trading on the TSX Venture Exchange. The company is classified as a copper zinc ore mining company.
The company's filing statement dated July 20, 2026, has been filed with and accepted by the TSX Venture Exchange.
On July 22, 2026, 1287398 B.C. Ltd. (ShellCo), an unlisted reporting issuer, 1001591052 Ontario Inc., a wholly owned subsidiary of ShellCo (Subco), and Irruptive Metals Inc., a private mining issuer, completed an arm's-length amalgamation. Consideration for the amalgamation consisted of the issuance of 112,979,005 resulting issuer shares (which includes the private placement shares referenced below) to former securityholders of Irruptive and Subco at a deemed price of 70 cents per share. In connection with the amalgamation, ShellCo completed a share consolidation on a one-new-for-3.616668-old basis.
In connection with the amalgamation, the resulting issuer's name was changed to Irruptive Metals Corp.
Thirty-six million one hundred seventy-five thousand common shares, 1.5 million options and 60,714 deferred share units issued to principals pursuant to the amalgamation are subject to a Tier 2 escrow agreement to be released over a 36-month period. In accordance with the exchange's seed share resale restrictions, 59,194,053 common shares and one million options issued to non-principals are subject to and are legended to be released over a one-year period.
The qualifying property is located in Chile.
The amalgamation also involved the following concurrent private placement transaction.
Private placement -- non-brokered
Financing type: non-brokered private placement of subscription receipt shares
Gross proceeds: $934,301
Offering: 1,334,716 listed shares
Offering price: 70 cents per listed share
Commissions in securities: not applicable
Disclosure: Refer to the company's news release dated July 22, 2026.
For further information, please refer to the company's filing statement dated July 20, 2026, and the company's July 22, 2026, news release.
Corporate jurisdiction: British Columbia
Capitalization: unlimited common shares with no par value, of which
114,592,362 common shares are issued and outstanding
Escrowed shares: 36,175,000 common shares
Transfer agent: TSX Trust Company
Trading symbol: IRR (new)
Cusip No.: 46358T 10 7 (new)
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