Northwire Canada EditionTuesday, September 8, 2026
Northwire
GOLD 4433.40 −1.0% SILVER 66.90 +0.2% COPPER 6.83 +2.2% OIL 92.30 +0.9% PALLADIUM 1368.75 −2.5% LKY 0.005 +0.0% STW 0.095 +0.0% QRO 0.045 +0.0% ADZ 0.210 +0.0% AUXX 10.64 +1.5% PER 0.150 −9.1% GZD 0.060 −4.0% CGD 1.51 +0.0% BARU 0.065 +18.2% SLG 6.14 +5.1% CNL 23.48 +1.6% SIG 1.06 +2.9% KCP 0.810 +2.5% TOM 0.195 +2.6% BONE 0.040 +0.0% VCU 1.57 +0.0% GOLD 4433.40 −1.0% SILVER 66.90 +0.2% COPPER 6.83 +2.2% OIL 92.30 +0.9% PALLADIUM 1368.75 −2.5% LKY 0.005 +0.0% STW 0.095 +0.0% QRO 0.045 +0.0% ADZ 0.210 +0.0% AUXX 10.64 +1.5% PER 0.150 −9.1% GZD 0.060 −4.0% CGD 1.51 +0.0% BARU 0.065 +18.2% SLG 6.14 +5.1% CNL 23.48 +1.6% SIG 1.06 +2.9% KCP 0.810 +2.5% TOM 0.195 +2.6% BONE 0.040 +0.0% VCU 1.57 +0.0%
Financings

Lucky Announces Increase in Private Placement and Corporate Update

LKY · Price

Lucky Minerals Inc. (LKY) has increased the size of its previously announced non-brokered private placement from $1,580,000 to a total of up to $3,050,000 in gross proceeds, citing strong market demand. The transaction consists of 4,550,000 flow-through shares and 25,950,000 non-flow-through units, each priced at $0.10.

The company expects to use the proceeds to settle approximately $2.05 million of indebtedness and write off approximately $4.27 million of liabilities related to the Goldmindex S.A. disposition, aiming to improve its working capital position. Prior to the transaction, the company reported a working capital deficiency of $8,256,442 as at July 31, 2026. The debt settlement involves approximately $2,050,498 of indebtedness to be settled through a shares-for-debt transaction, while approximately $4,273,228 of liabilities related to the Goldmindex S.A. disposition are to be written off. Following the transaction, the company estimates its working capital will be approximately $422,910.

The transaction structure includes 4,550,000 flow-through shares issued at $0.10 per share and 25,950,000 non-flow-through units issued at $0.10 per unit. Each non-flow-through unit includes one common share purchase warrant with an exercise price of $0.15 per warrant. These warrants have a term of five years from the date of issuance and are exercisable for one additional common share on a non-flow-through basis.

Cash finder’s fees of 7% of gross proceeds may be paid to eligible finders. Additionally, finder’s warrants equal to 7% of the number of flow-through shares and non-flow-through units sold may be issued, with an exercise price of $0.15 for a period of five years. All securities are subject to a statutory hold period of four months plus one day from the date of issuance. The private placement is subject to TSX Venture Exchange acceptance.

Read the original news release →

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