20:53:39 EDT Tue 15 Sep 2026
Enter Symbol
or Name
USA
CA



Triple One Metals Inc
Symbol TONE
Shares Issued 118,173,045
Close 2026-09-15 C$ 0.035
Market Cap C$ 4,136,057
Recent Sedar+ Documents

Triple One raises $999,925 in oversubscribed financing

2026-09-15 17:19 ET - News Release

Mr. A. Paul Gill reports

TRIPLE ONE METALS INC. ANNOUNCES FINANCING - OVERSUBSCRIBED

Triple One Metals Inc., further to its news release dated Sept. 14, 2026, has been successful in raising $999,925.11 (oversubscribed as to $200,000) and will issue 33,330,837 units at three cents. Each unit will consist of one common share and one warrant exercisable for two years at five cents.

The use of proceeds will be for exploration, regulatory, audit fees, legal fees and working capital. While the company intends to spend the proceeds from the financing as stated above, there may be circumstances where, for sound business reasons, funds may be reallocated at the discretion of the board.

A cash finder's fee of 10 per cent or $46,357 has agreed to be paid.

One insider of the company subscribed for a total of 4,245,000 units. As such, this participation constitutes a related party transaction as defined under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. Such participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101, as neither the fair market value of the common shares acquired by the insiders nor the consideration for the common shares paid by such insider's exceeds 25 per cent of the company's market capitalization. The company did not file a material change report 21 days prior to the closing date of this private placement as details of the respective participation of such insiders in the offering was unknown at such time.

The closing of the financing is subject to receipt of all necessary regulatory approvals, including the Canadian Securities Exchange. The securities issued under the financing will be subject to a hold period ending on the date that is four months plus one day following the date of issue in accordance with applicable securities laws.

The company confirms there are no material facts or material changes related to the company that have yet to be generally disclosed.

We seek Safe Harbor.

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