ATERRA Metals to Raise CA$6 Million Via Brokered Life Offering

08:46 AM EDT, 09/30/2026 (MT Newswires) -- ATERRA Metals (ATC.CN) entered into an agreement with Research Capital Corporation as the lead agent and sole bookrunner, on behalf of a syndicate of agents, in connection with a brokered, best-efforts listed issuer financing exemption private placement offering to raise up to CA$6 million, it said in a statement late Tuesday. The offering of common shares will be issued at CA$0.06 apiece. The company will grant the agents an option to increase the size by up to an additional 15% of the number of common shares sold in the offering. Proceeds will be used to advance the Phase II exploration program at its Totora Copper-Gold project, located in the Dos Amigos Mining District in Region III, Chile, and for general working capital and corporate needs, it said. Shares of the company closed unchanged at CA$0.07 on Tuesday on the Canadian Securities Exchange.