Perseverance Metals closes non-brokered private placement raising $11.78 million

Bitget2026/10/02 21:56

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Perseverance Metals closed a non-brokered private placement of 18,121,426 common shares at $0.65 per share.
Gross proceeds totaled $11.78 million, with Teck Resources, Altius Minerals, Crescat Capital, NQIM among participating investors.
Net proceeds earmarked for diamond drilling at the Voyageur project in Michigan, exploration in Québec and Ontario, general corporate purposes.
Finder fees included $42,543 cash, 65,450 finder’s warrants exercisable at $0.65 for 24 months.

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. Perseverance Metals Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610021755NEWSFILECNPR____20261002_317244_1) on October 02, 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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Perseverance Metals closes non-brokered private placement raising $11.78 million

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