04:05:22 EST Sun 08 Feb 2026
Enter Symbol
or Name
USA
CA



Resouro Strategic Metals Inc
Symbol RSM
Shares Issued 92,590,049
Close 2025-09-19 C$ 0.185
Market Cap C$ 17,129,159
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Resouro amends private placement

2025-09-22 04:14 ET - News Release

Mr. Chris Eager reports

RESOURO STRATEGIC METALS INC. (RSGOF) AMENDS TERMS OF PRIVATE PLACEMENT

Resouro Strategic Metals Inc. has amended the terms of the non-brokered private placement that was previously announced on Aug. 19, 2025. The company now proposes to complete a non-brokered private placement of 15 million units at a price of 20 cents per unit for gross proceeds of up to $3-million. Each unit is composed of one common share in the capital of the company and one-half of one common share purchase warrant, with each whole warrant being exercisable into one common share at a price of 30 cents for a three-year period from the date of issuance. The company expects to close the offering in one tranche by the end of September, 2025. In accordance with applicable securities laws and the policies of the TSX Venture Exchange, the company may pay finders' fees to eligible and qualified persons who introduce subscribers to the offering.

As previously announced, the company intends to use the net proceeds of this offering to advance the engineering program, an essential step toward the preliminary economic assessment for the company's Tiros project, as well as for general working capital purposes.

The offering is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange. The offering is also being conducted using the company's placement capacity pursuant to Australian Securities Exchange listings Rule 7.1 and 7.1A. No related parties or their associates are participating in the offering. All of the securities to be issued under the offering will be subject to a four-month resale restriction in accordance with applicable securities legislation.

About Resouro Strategic Metals Inc.

Resouro is a Canadian incorporated mineral exploration and development company, listed on the ASX, Toronto Stock Exchange, OTC and Frankfurt Stock Exchange, focused on the discovery and advancement of economic mineral projects in Brazil, including the Tiros titanium and rare earth project and the Novo Mundo gold project. The Tiros project has 28 mineral concessions totalling 497 square kilometres located in the state of Minas Gerais, one of the best infrastructurally developed states of Brazil, 350 kilometres from the state capital of Belo Horizonte. Resouro's mineral resource estimate for the Tiros project contains 165 million tonnes of titanium dioxide and 5.5 million tonnes of total rare earth oxides within a measured and indicated resource of 1.4 billion tonnes at 12 per cent titanium dioxide and 4,000 parts per million of total rare earth oxides.

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