Resouro Strategic Metals completes first tranche of upsized private placement, raises $1.86 million

Reuters2026/08/06 23:39

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Resouro Strategic Metals completed a first tranche of an upsized non-brokered private placement targeting gross proceeds of $2.5 million.
Issued 7,440,000 common shares at $0.25 each, raising $1.86 million in the first closing.
Upsized from 8,000,000 shares for $2 million to 10,000,000 shares for $2.5 million due to investor demand.
Net proceeds earmarked for environmental work supporting the Tiros project’s preliminary feasibility study, with the balance for working capital.
Paid a $4,500 cash finder’s fee; remaining issuance expected shortly, pending TSX Venture Exchange acceptance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Resouro Strategic Metals Inc. published the original content used to generate this news brief on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Resouro Strategic Metals completes first tranche of upsized private placement, raises $1.86 million

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