Northwire Canada EditionFriday, November 13, 2026
Sign inSubscribe
Northwire
⌕
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

VR Extends Brokered Private Placement Led by Centurion One Capital, and Continues Planning towards Exploration on its New Boston and Bonita Projects in Nevada in 2026

By The Northwire Desk — AI Analysis Dec 22, 2025 · 07:21 VRR · 0.015 VR Resources Ltd.
VRR · Price

Executive Summary

  • VR Resources Limited extended the outside date for its proposed private‑placement offering of up to $1.5 million in units to January 18, 2026 (or a mutually agreed later date).
  • The offering remains on the same terms as disclosed on October 20, 2025, with Centurion One Capital Corp. acting as lead agent and sole bookrunner; an 8% commission and broker‑warrant arrangement are confirmed.
  • The proceeds will support continued exploration of VR’s New Boston and Bonita porphyry projects in Nevada during 2026, subject to required TSX Venture Exchange approvals and a pending 5‑to‑1 share consolidation.

Key Details

  • Offering Size: Up to $1.5 million in units (each unit = one common share + one share‑purchase warrant).
  • New Outside Date: Expected closing on or around January 18, 2026 (or another date agreed with the Lead Agent).
  • Lead Agent / Bookrunner: Centurion One Capital Corp. (Lead Agent) – 8% commission of cash proceeds plus broker warrants equal to 8% of units issued.
  • Broker Warrants: Non‑transferable, exercisable into additional units on the same terms; expire three years from the closing date.
  • Hold Period: Units will be subject to a four‑month‑plus‑one‑day hold period from the closing date.
  • Placement Jurisdictions: Private placement in British Columbia, Alberta, Ontario, the United States (via exemption), and other mutually agreed jurisdictions; no prospectus filing required outside Canada/US.
  • Conditions to Closing: Receipt of all necessary approvals—including TSX Venture Exchange approval and completion of a 5‑to‑1 share consolidation—plus standard closing conditions.
  • Use of Proceeds: To fund the 2026 exploration program on the New Boston and Bonita porphyry projects in Nevada (as stated).
  • Regulatory Notices: The release is not an offer or solicitation in the United States; securities will not be sold to U.S. persons unless properly registered or exempted.

Notable Quotes

(No direct CEO/President quotes were included in this release.)

Read the original news release →

More from VR Resources Ltd.

Oct 20, 2026 · 04:00

VR secures an expanded Nevada drilling permit for its New Boston follow-up program.

Production / Operations Sep 24, 2026 · 04:00

VR doubled its permit area to enable fall drilling, while options were struck at the peak with no new assay results reported.

Drill Results Sep 17, 2026 · 07:00

VR raises $7.5m for critical follow-up drilling at its Nevada flagship project.

Financings Sep 01, 2026 · 07:00

VR advances its Athos merger with a TSXV filing, securing additional cash and reporting continued drill progress.

M&A / Property Aug 26, 2026 · 07:00

VR reports 881 m of low-grade CuEq veining with a narrow W-Ag skarn core from a single drill hole.

Drill Results Jul 28, 2026 · 07:00

VR’s Bonita geophysics confirms targets, but drill results remain the missing catalyst for the project.

Drill Results