CANEX Metals closes oversubscribed private placement raising C$9.55 million

Bitget2026/09/29 20:15

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CANEX Metals closed an oversubscribed non-brokered private placement raising C$9.55 million through common shares and charity flow-through shares.
Issued 22,841,286 common shares at C$0.35 for C$7.99 million, issued 2,873,000 FT Shares at C$0.54 for C$1.55 million.
N. Eric Fier led the financing with a C$3 million order, holding about 9.6% of the company post-financing.
Funds earmarked for exploration, drilling, and pre-development at Gold Basin/Gold Range, drilling at Louise, and working capital.

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. CANEX Metals Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202609291615ACCESSWRNAPR_____1228618) on September 29, 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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CANEX Metals closes oversubscribed private placement raising C$9.55 million

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