Financings
StrategX Elements Corp. Announces up to $275,000 Flow-Through Private Placement Financing

STGX · Price
Executive Summary
- StrategX Elements Corp. announces a proposed up‑to $275,000 non‑brokered private placement of flow‑through units at $0.22 per unit.
- Each unit consists of one common share (flow‑through share) and half of a common‑share purchase warrant exercisable at $0.35 within three years.
- Gross proceeds will be used to fund Canadian exploration expenses that qualify as flow‑through critical mineral mining expenditures on the Company’s Nunavut properties, with a renunciation deadline of December 31 2025.
Key Details
- Offering Size: Up to $275,000 total gross proceeds.
- Unit Price: $0.22 per Flow‑Through (FT) Unit.
- Unit Composition:
- 1 common share (FT Share).
- ½ of one common‑share purchase warrant; each whole warrant allows purchase of one non‑flow‑through common share at $0.35.
- Warrant Terms: Exercisable at any time on or before the date that is three years after the closing date of the Offering.
- Use of Proceeds: To fund “Canadian exploration expenses” that qualify as flow‑through critical mineral mining expenditures for properties in Nunavut, to be incurred on or before December 31 2026.
- Renunciation: All qualifying expenditures will be renounced in favour of FT Share subscribers effective December 31 2025.
- Finder’s Fees: Company will pay finder’s fees to eligible finders in compliance with securities laws and CSE policies.
- Hold Period: Securities issued are subject to a hold period expiring four months and one day from issuance, per CSE policy.
Notable Quotes
“This financing provides us with the capital needed to advance our critical‑metal exploration program in Nunavut while delivering tax‑advantaged benefits to investors,” – Darren G. Bahrey, CEO.
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Jun 18, 2026 · 07:01