Irruptive Metals upsizes bought-deal private placement to $50 million
Reuters2026/08/21 13:48- Irruptive Metals upsized a bought-deal private placement to 40,000,000 units for gross proceeds of $50 million.
- Units priced at $1.25; each includes one common share and one-half warrant exercisable at $1.65 for 24 months.
- Underwriters hold an option for 8,000,000 additional units, raising up to $10 million.
- Closing targeted around Sept. 10, 2026, subject to TSX Venture Exchange approval.
- Proceeds earmarked for the Pimentón Project, working capital, general corporate purposes.
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