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Financings

Flow Metals to issue 272,727 shares for royalty payment

By The Northwire Desk — AI Analysis Mar 18, 2026 · 15:15 FWM · 0.11 Flow Metals Corp
FWM · Price

Executive Summary

  • Flow Metals Corp. will issue 272,727 common shares at a deemed price of $0.11 per share to settle an advanced royalty payment of $30,000 for the Sixtymile property.
  • The issuance is pursuant to debt settlement agreements with the vendors and is expected to close on or before March 25, 2026.
  • Shares issued will be subject to a statutory hold period of four months plus one day.

Key Details

  • Advanced royalty payment: $30,000 owed for the Sixtymile property.
  • Share issuance: 272,727 common shares at a deemed price of $0.11 per share (aggregate gross proceeds of approximately $30,000).
  • Agreement date: Option agreement dated March 23, 2019; settlement agreements executed contemporaneously with this announcement.
  • Closing timeline: Anticipated on or before March 25, 2026.
  • Statutory hold period: Shares subject to a four‑month plus one‑day hold in accordance with securities laws.

Notable Quotes

(No executive quotes were provided in the release.)

Read the original news release →

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