Northwire Canada EditionFriday, November 13, 2026
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Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Financings

EMP METALS AMENDS TEMBO LOAN FACILITY WITH A CONVERSION FEATURE AND EXTENDS LOAN BY 18 MONTHS

By The Northwire Desk — AI Analysis Dec 24, 2025 · 16:55 EMPS · 0.425 EMP Metals Corp.
EMPS · Price

Executive Summary

  • EMP Metals amended its US $3 million loan with Tembo Capital, extending maturity to June 30 2027 and adding a conversion right at $0.425 per share.
  • The company will issue 485,294 common share purchase warrants as an arrangement fee, exercisable at CDN$0.425 for two years.
  • The loan bears interest at 13.5% per annum; all securities are subject to a four‑month resale restriction.

Key Details

  • Original Loan: US $3 million facility with Tembo Capital Holdings Guernsey Limited.
  • Extended Maturity: From 31 Dec 2025 to 30 Jun 2027 (extendable by mutual agreement).
  • Conversion Feature: Tembo may convert any or all of the principal plus accrued interest into common shares at a conversion price of $0.425 per share.
  • Interest Rate: Fixed at 13.5% per annum on outstanding principal.
  • Arrangement Fee: US $150,000 payable via issuance of 485,294 common share purchase warrants.
  • Warrant Terms: Each warrant allows purchase of one common share at an exercise price of CDN$0.425, exercisable for two years from issuance.
  • Resale Restrictions: All securities issued under the agreement are restricted from resale for four months after issuance.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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