Northwire Canada EditionSunday, July 12, 2026
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GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Financings Routine +

Mink Ventures Closes $881,920 in First Tranche of Non-Brokered Private Placement

Mink Ventures Secures $882K Tranche to Fuel Summer Drilling at Timmins Critical Mineral Projects

By The Northwire Desk — AI Analysis Jun 02, 2026 · 15:52 MINK · 0.1 Mink Ventures Corporation
Executive Summary
  • Mink Ventures Corporation closed the first tranche of its previously announced $1,000,000 non-brokered private placement on June 2, 2026.
  • Gross proceeds of $881,920 were raised through the issuance of 4,578,500 hard dollar units at $0.10 per unit and 3,262,077 flow-through units at $0.13 per unit.
  • Each unit includes one common share purchase warrant exercisable at $0.20 per share for a 36-month term.
  • Proceeds are allocated to a summer drill program at the Warren and Montcalm projects, with remaining funds designated for general working capital.
  • Directors and officers purchased 257,000 flow-through units as a related-party transaction.
  • The securities are subject to a statutory hold period expiring October 3, 2026.
  • Post-issuance share count stands at 41,447,296 common shares.
Material Impact
  • The closing of the first tranche is a routine follow-up to the May 12, 2026 financing announcement.
  • It provides essential capital to execute the planned summer drilling campaign at the Timmins-area projects.
  • The financing is dilutive but aligns with the company's stated capital requirements and exploration timeline.
  • The unit pricing ($0.10/$0.13) is consistent with recent trading levels and does not indicate distress or premium demand.
  • No material change to the fundamental outlook or project status is introduced by this closing.
MINK · Price
Company Overview
  • Mink Ventures is a TSXV-listed exploration company focused on nickel, copper, and cobalt in the Timmins mining camp, Ontario.
  • The flagship Warren project (1,130 ha) features recent drill intercepts including 7.1m at 0.44% Ni, 0.28% Cu, and 0.06% Co in massive sulphide.
  • The adjacent Montcalm project (~100 km²) sits next to the historic Glencore Montcalm mine and hosts a deep-seated BHIP target partially truncated by a diabase dyke.
  • Both properties are permitted, drill-ready, and benefit from existing infrastructure and low geopolitical risk.
Read the original news release →

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Jun 18, 2026 · 14:00

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Drill Results Mar 11, 2026 · 07:10

Mink Ventures hits massive sulphides at Warren as it hunts for the next Montcalm-style deposit.

Drill Results