Northwire Canada EditionFriday, September 4, 2026
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GOLD 4539.90 +2.8% SILVER 67.58 +3.2% COPPER 6.67 +1.1% OIL 91.30 +0.3% PALLADIUM 1435.50 +5.5% SALT 1.65 +0.0% BBB 0.670 +3.1% SKE 45.71 +4.0% NOU 1.91 −4.0% LAM 0.660 +6.5% OGW 1.29 −5.2% COCO 0.300 +0.0% CPL 0.195 −11.4% FUU 0.145 −3.3% NUAG 9.25 −0.1% FDY 5.14 −1.9% GRZ 6.66 +0.1% TES 0.110 +10.0% MINK 0.100 +0.0% CAN 0.080 +0.0% ELEF 0.135 −12.9% GOLD 4539.90 +2.8% SILVER 67.58 +3.2% COPPER 6.67 +1.1% OIL 91.30 +0.3% PALLADIUM 1435.50 +5.5% SALT 1.65 +0.0% BBB 0.670 +3.1% SKE 45.71 +4.0% NOU 1.91 −4.0% LAM 0.660 +6.5% OGW 1.29 −5.2% COCO 0.300 +0.0% CPL 0.195 −11.4% FUU 0.145 −3.3% NUAG 9.25 −0.1% FDY 5.14 −1.9% GRZ 6.66 +0.1% TES 0.110 +10.0% MINK 0.100 +0.0% CAN 0.080 +0.0% ELEF 0.135 −12.9%

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Brasnova Energy closes financing at $238,800

Brasnova Energy Materials Inc. Sep 03, 2026 · 18:50 BEM As distributed — unedited
Mr. Joel Ferari reports BRASNOVA ENERGY MATERIALS INC. CLOSES FINANCING Brasnova Energy Materials Inc., further to its March 11, 2026, news release, has closed its non-brokered private placement financing for aggregate gross proceeds of $238,800. The company will not be going forward with the remaining $511,200 of the financing. The company has issued 2,388,000 units at 10 cents per unit, consisting of one common share of the company and one common share purchase warrant, with each warrant being exercisable for an additional common share at an exercise price of 20 cents for 24 months. The warrants are subject to the right of the company to accelerate the exercise period to 30 days if shares of the company trade at or above 50 cents for a period of 10 consecutive trading days. An insider of the company subscribed for $25,000 of the financing, such participation constituting a related party transaction within the meaning of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The company is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(a) and 5.7(1)(a), respectively, as the fair market value of the insider participation does not exceed 25 per cent of the company's market capitalization. The company has paid cash finders' fees of $6,930 and has issued 6,930 non-transferable broker warrants in conjunction with the closing of this first tranche. All securities issued pursuant to the financing will be subject to a statutory hold of four months and one day from the date of issue. The financing closed prior to exchange approval and remains subject to final exchange approval. Proceeds raised from the financing will be used for project payments and acquisitions, exploration and development, and working capital expenditures. About Brasnova Energy Materials Inc. Brasnova Energy Materials is focused on securing, developing and monetizing Brazilian critical materials assets and related materials technologies, to build shareholder value. We seek Safe Harbor.
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