Northwire Canada EditionMonday, August 31, 2026
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Financings

Molten Metals arranges $1.03-million financing

MOLT · Price

Executive Summary

  • Molten Metals Corp. announced a non‑brokered private placement of up to 4,134,000 units at $0.25 per unit, targeting gross proceeds of approximately $1.03 million.
  • Each unit includes one common share and one warrant allowing purchase of an additional share at $0.40 for 24 months; warrants become exercisable 60 days after closing.
  • Net proceeds are earmarked for general working capital, mineral property exploration, marketing, and related expenditures.

Key Details

  • Offering Size: Up to 4,134,000 units (each = 1 common share + 1 warrant).
  • Price per Unit: $0.25.
  • Gross Proceeds Target: Up to $1,033,500.
  • Warrant Terms: One warrant per unit; exercise price $0.40 per share; exercisable for 24 months from issuance, with a 60‑day lock‑up after closing.
  • Exemptions Used: Part 5A of NI 45‑106 (prospectus exemptions); accredited investor exemption and listed issuer financing exemption (Canada, except Quebec).
  • Closing Conditions: May occur in one or more tranches; subject to CSE approval and other prescribed conditions.
  • Use of Proceeds: General working capital, mineral property exploration activities and expenditures, marketing and advertising, and other purposes described in the offering document.
  • Finders’ Fees: Potential payable to eligible finders per CSE policies.
  • Offering Document: Dated November 3, 2025; available on SEDAR+ and company website.

Notable Quotes

(No direct quotes provided in the release.)

Read the original news release →

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