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Financings

Total Metals Corp. (TT) Opens the Market

By The Northwire Desk — AI Analysis Nov 06, 2025 · 10:29 TT · 1.17 Total Metals Corp.
TT · Price

Executive Summary

  • Total Metals Corp. celebrated its new listing on the TSX Venture Exchange.
  • The company completed a $9.25 M acquisition of the High Lake and West Hawk Lake projects, adding gold resources to its portfolio.
  • A $10 M financing round closed, providing capital for continued development of the flagship Electrolode Project in Red Lake.

Key Details

  • Listing: Executives opened trading on the TSX Venture Exchange, marking the company’s transition from an RTO price of $0.25 to current market levels around $1.40 per share.
  • Acquisition: Purchased High Lake and West Hawk Lake projects for $9.25 million, securing additional gold resources.
  • Financing: Completed a $10 million financing (details of structure not disclosed) to fund ongoing exploration and development activities.
  • Electrolode Project: 3,000‑hectare property in the Red Lake District; drill‑permitted; targets copper, zinc, gold, and silver mineralization.
  • Market Reaction: Share price surged from $0.25 (RTO) to approximately $1.40, reflecting strong investor confidence.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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