Northwire Canada EditionMonday, August 31, 2026
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Financings

Molten Metals Closes $1 Million Life Offering

MOLT · Price

Executive Summary

  • Molten Metals Corp. closed a non‑brokered private placement raising $1,033,500 in gross proceeds.
  • The offering consisted of 4,134,000 units at $0.25 per unit, each unit containing one common share and one warrant to purchase an additional share at $0.40 for 24 months.
  • Net proceeds are earmarked for general working capital, mineral exploration activities, marketing, and related expenditures.

Key Details

  • Units Issued: 4,134,000 LIFE Units (1 common share + 1 common share purchase warrant per unit).
  • Pricing: $0.25 per unit; total gross proceeds of $1,033,500.
  • Warrant Terms: Each warrant allows the holder to acquire one common share at $0.40, exercisable beginning 60 days after closing and valid for 24 months.
  • Finder’s Fees: Cash fees paid of $65,765; additionally, 263,060 broker warrants (same terms as above) issued to finders.
  • Use of Proceeds: General working capital, mineral property exploration activities and expenditures, marketing and advertising, and other purposes described in the offering document dated November 3 2025.
  • Exemption Basis: Offering relied on the “listed issuer financing exemption” under Part 5A of NI 45‑106 (Coordinated Blanket Order 45‑935).
  • Regulatory Notes: Shares are not subject to a hold period in Canada; securities are not registered in the United States and may not be offered there.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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