Northwire Canada EditionFriday, October 23, 2026
Northwire
⌕
GOLD 4060.40 −2.2% SILVER 55.01 −4.7% COPPER 6.40 −2.8% OIL 99.47 +2.4% PALLADIUM 1052.50 −3.4% ATY 0.215 −8.5% CNL 14.70 −8.9% ABI 0.060 +0.0% AUGC 0.245 −12.5% ITR 3.18 −5.4% LKY 0.005 +0.0% IGO 0.125 +0.0% CCMM 0.390 −9.3% FVI 13.33 −8.1% KTN 0.840 −10.6% FTUR 0.240 −14.3% YARR 0.150 +0.0% EMNT 0.290 −14.7% MOO 0.680 +13.3% BMM 4.27 −0.7% GOLD 4060.40 −2.2% SILVER 55.01 −4.7% COPPER 6.40 −2.8% OIL 99.47 +2.4% PALLADIUM 1052.50 −3.4% ATY 0.215 −8.5% CNL 14.70 −8.9% ABI 0.060 +0.0% AUGC 0.245 −12.5% ITR 3.18 −5.4% LKY 0.005 +0.0% IGO 0.125 +0.0% CCMM 0.390 −9.3% FVI 13.33 −8.1% KTN 0.840 −10.6% FTUR 0.240 −14.3% YARR 0.150 +0.0% EMNT 0.290 −14.7% MOO 0.680 +13.3% BMM 4.27 −0.7%
Financings

Sabio Completes LIFE Offering

SBIO · Price

Executive Summary

  • Sabio Holdings closed its brokered private placement, raising gross proceeds of $1,272,800.
  • The offering consisted of 2,960,000 common shares (“LIFE Shares”) at $0.43 per share, led by Canaccord Genuity Corp. and Beacon Securities Limited.
  • Net proceeds will be used for general corporate and working‑capital purposes, including modest investments in Sabio’s international and creator TV offerings.

Key Details

  • Offering Size: 2,960,000 common shares issued at $0.43 per share → gross proceeds $1,272,800.
  • Lead Agents: Canaccord Genuity Corp. and Beacon Securities Limited.
  • Compensation to Agents:
  • Cash commissions & advisory fees: $38,184 (excluding taxes).
  • Equity compensation: 88,800 common shares (“Compensation Shares”).
  • Warrants issued: 177,600 Compensation Warrants, each exercisable for one common share at $0.43 per share, expiring November 12 2027.
  • Regulatory Framework: Issuance under Ontario Securities Commission Rule 72‑503 and NI 45‑106 exemptions; filing of Form 45‑106F19 on SEDAR+.
  • Use of Proceeds: Primarily for general corporate and working‑capital purposes, with modest allocations toward further investment in Sabio’s international and creator TV offerings.
  • Closing Conditions: Subject to final approval by the TSX Venture Exchange (TSXV).

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

More from Sabio Holdings Inc.