Northwire Canada EditionWednesday, August 5, 2026
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LTH 0.470 −7.8% APN 0.020 +0.0% ARTG 35.10 +4.3% STND 0.075 −11.8% AAZ 0.040 +14.3% LIFT 3.33 +0.6% LIB 0.810 +1.2% PEMC 0.050 +11.1% ELE 23.49 +7.5% AMCO 0.210 +2.4% TGOL 0.115 +9.5% SSRM 37.45 +4.5% SALT 1.51 +9.4% MON 0.650 +12.1% AZS 0.610 +28.4% NIO 0.140 +7.7% LTH 0.470 −7.8% APN 0.020 +0.0% ARTG 35.10 +4.3% STND 0.075 −11.8% AAZ 0.040 +14.3% LIFT 3.33 +0.6% LIB 0.810 +1.2% PEMC 0.050 +11.1% ELE 23.49 +7.5% AMCO 0.210 +2.4% TGOL 0.115 +9.5% SSRM 37.45 +4.5% SALT 1.51 +9.4% MON 0.650 +12.1% AZS 0.610 +28.4% NIO 0.140 +7.7%
Financings

Northwest Copper closes $650,000 tranche of financing

By The Northwire Desk — AI Analysis Aug 11, 2025 · 13:43 NWST · 0.19 Northwest Copper Corp.
NWST · Price

Executive Summary

  • Northwest Copper Corp. closed the second tranche of its upsized $3.5 M flow‑through private placement, raising an additional $650 K and bringing total proceeds to $3.2 M.
  • The company also completed a hard‑dollar component of the placement, securing $475 K in gross proceeds.
  • Funds will be allocated to exploration drilling and metallurgical test work at Kwanika (flow‑through) and general corporate purposes (hard‑dollar), supporting accelerated 2025 drilling programs.

Key Details

  • Second Tranche – Flow‑Through Offering
  • Subscriptions: 2,917,666 units @ $0.225 per unit → gross proceeds $650,000.
  • Unit composition: 1 flow‑through common share + ½ non‑transferable warrant (exercise price $0.34, expires Aug 8 2027).

  • Use of proceeds: Exploration at Kwanika Central and nearby Transfer target.

  • Hard‑Dollar Offering

  • Subscriptions: 2,375,000 units @ $0.20 per unit → gross proceeds $475,000.
  • Unit composition: 1 common share + ½ non‑transferable warrant (exercise price $0.30, expires Aug 8 2027).

  • Use of proceeds: General corporate purposes.

  • Overall Financing Summary

  • Total closed financing to date: $3.2 M of the $3.5 M upsized offering.

  • Excess demand noted for both FT and HD components, enabling potential acceleration of drilling originally slated for 2026.

  • Tax & Eligibility Aspects (Flow‑Through)

  • Shares qualify under Canada’s Subsection 66(15) Income Tax Act.

  • Gross proceeds will be used for eligible Canadian exploration expenses and flow‑through critical mineral mining expenditures, to be incurred by Dec 31 2026 and renounced by Dec 31 2025.

  • Fees & Compensation

  • Cash finders’ fees: $39,088.
  • Adviser fee: 29,176 common shares issued in lieu of cash.

  • Finder compensation warrants: 176,893 warrants (non‑transferable, $0.34 exercise price, expires Aug 8 2027).

  • Hold Periods

  • All securities from the second tranche and hard‑dollar offering subject to a hold period expiring Dec 9 2025, except compensation shares (four‑month‑and‑one‑day hold).

  • Financial Adviser

  • Canaccord Genuity Corp. continues as financial adviser for the flow‑through offering.

Notable Quotes

“The continued excess demand under both the FT offering and HD offering has been encouraging and has set the company up to execute on its planned exploration drilling program and metallurgical test work program at Kwanika for 2025… We are considering options to bring forward some of the drilling originally planned for 2026.” – Paul Olmsted, CEO

Read the original news release →

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