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Visionary Announces Increased Ownership Position by The Quaternary Group Limited Following Full Warrant Exercise

Visionary Copper Gains Strategic Backing as Quaternary Exercises Warrants, Eyes Newfoundland VMS Expansion

By The Northwire Desk — AI Analysis Jun 01, 2026 · 08:31 VCG · 1.35 Visionary Copper and Gold Mines Inc.

Executive Summary

The Quaternary Group Limited increased its beneficial ownership to approximately 11.24% through open-market purchases and the full exercise of 666,667 share purchase warrants.
The warrant exercise was completed at $1.10 per share, generating approximately $733,334 in gross proceeds for the company.
Proceeds will be directed toward general working capital and advancing the 100% owned Pt. Leamington Deposit and broader project portfolio.
Visionary announced expanded budgets and new multi-platform investor relations marketing agreements with four firms: Milestone Capital Partners, Delray Capital Markets Group, Market One Media Group, and Euroswiss Capital Partners.
All IR agreements are contingent upon TSX Venture Exchange acceptance and include significant upfront and performance-based fees ranging from $60,000 to $200,000.
The company confirmed these parties are arm's length, with no direct security interests beyond previously granted stock options.

Material Impact

The warrant exercise was fully anticipated following The Quaternary Group's initial 10% stake disclosure on May 14, 2026. The market had already priced in this follow-through, as evidenced by the stock's advance from ~$0.70 to ~$1.45 over the preceding weeks.
The $733,334 capital injection is incremental and does not materially alter the company's financial runway or project economics. Given the reported cash balance of ~$53,530 CAD (as of Sep 2025), this amount merely extends operational liquidity by a few months.
The expanded IR budgets represent a shift toward aggressive market positioning rather than fundamental project advancement. The contingency on TSXV acceptance introduces execution risk, as these agreements are not yet binding.
Overall, the news confirms existing strategic alignment and provides minor working capital relief. It does not introduce new drilling results, resource updates, or financing milestones that would shift the investment thesis.

VCG · Price

Company Overview

Visionary Copper and Gold Mines Inc. is a Canadian exploration and development company focused on base and precious metals in favorable jurisdictions.
Flagship Project: Pt. Leamington, a 100% owned Volcanogenic Massive Sulphide (VMS) deposit in central Newfoundland.
Current Mineral Resources (Pit-Constrained):
Indicated: 5.0 Mt @ 2.5 g/t AuEq (402 koz AuEq), including 145.7 koz Au, 60.0 Mlb Cu, 153.5 Mlb Zn, 2.0 Moz Ag, 1.5 Mlb Pb.
Inferred: 13.7 Mt @ 2.24 g/t AuEq (986.5 koz AuEq), including 354.8 koz Au, 110.2 Mlb Cu, 527.3 Mlb Zn, 6.2 Moz Ag, 7.0 Mlb Pb.
Out-of-pit Inferred: 1.7 Mt @ 3.06 g/t AuEq (168.5 koz AuEq).
Recent Exploration: Phase 1 drilling confirmed the "Kraken" copper zone with wide intersections (e.g., 75.8m @ 0.45% Cu) and extended the deposit's strike length. The land package was expanded to ~30,000 hectares, encompassing the historic Lewis Lake VMS target area.
Additional Assets: Rainbow and Pine Bay projects in Manitoba (copper-focused), and Nash Creek project in New Brunswick (PEA showing 34.1% IRR).

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