Aterra Metals upsizes brokered share offering to $8.36 million

Bitget2026/10/05 23:24

Aterra Metals upsized a brokered, best-efforts private placement of common shares to maximum gross proceeds of $8.36 million. Shares priced at $0.06 each, with minimum gross proceeds of $4 million; offering marketed under the listed issuer financing exemption. Net proceeds earmarked for Phase II exploration at the Totora Copper-Gold Project in Chile, with remaining funds for working capital. Closing targeted for about Oct. 14, 2026, subject to regulatory clearances, including conditional approval from the Canadian Securities Exchange. Agents to receive a 6% cash commission on up to $6.9 million raised, then 1% above that; broker warrants issued on similar terms. 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. Aterra Metals Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610051924NEWSFILECNPR____20261005_317596_1) on October 05, 2026, and is solely responsible for the information contained therein.

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