19:22:46 EDT Mon 09 Mar 2026
Enter Symbol
or Name
USA
CA



Vortex Metals Inc
Symbol VMS
Shares Issued 114,081,168
Close 2026-03-09 C$ 0.05
Market Cap C$ 5,704,058
Recent Sedar+ Documents

Vortex Metals arranges $850,000 financing

2026-03-09 17:35 ET - News Release

Mr. Vikas Ranjan reports

VORTEX METALS ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Vortex Metals Inc. has arranged a non-brokered private placement for gross proceeds of up to $850,000, comprising 17 million units at a price of five cents per unit.

Each unit will consist of one common share in the capital of the company and one-half of one common share purchase warrant. Each warrant is exercisable to acquire one common share at a price of six cents per warrant share for a period of three years from the date of issuance. The warrants will have an acceleration clause whereas after 12 months from date of grant, if trading price stays above 20 cents for 10 consecutive days, the warrants can be accelerated.

The company intends to use the proceeds for exploration activities at the company's Illapel copper-silver project in Chile and for general working capital purposes.

All securities issued with respect to the offering will be subject to a hold period of four months and one day from the date of issuance in accordance with applicable securities laws. Closing of the offering is subject to receipt of all necessary regulatory approvals, including the TSX Venture Exchange. The offering may close in multiple tranches as subscriptions are received. Finders' fees may be payable in connection with the sale of the units in accordance with the policies of the exchange.

About Vortex Metals Inc.

Vortex Metals is a copper-gold-focused exploration and development company with a diversified portfolio of exploration projects in Chile and Mexico. Vortex holds an option to acquire up to an 80-per-cent interest in the brownfield Illapel copper project in Chile and, through its Mexican subsidiary, Empresa Minera Acagold S.A. de C.V., it owns a 100-per-cent interest in two drill-ready high-potential copper-gold volcanogenic massive sulphide (VMS) properties, Riqueza Marina and Zaachila, in Oaxaca, Mexico. The company emphasizes responsible exploration, community engagement and environmental stewardship to meet the rising global demand for copper sustainably.

We seek Safe Harbor.

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