Northwire Canada EditionTuesday, November 3, 2026
Northwire
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Gold 3,969.60 +1.8% Silver 50.89 +3.3% Copper 6.54 +0.9% Oil 96.46 −7.4% Palladium 962.50 −2.5% QRO 0.030 +0.0% PGC 0.030 +0.0% SASK 0.840 −2.3% GIGA 0.050 +0.0% WDO 26.12 +2.2% ERO 40.76 +0.2% BIRD 0.160 −13.5% ODV 3.20 −1.8% FVI 12.72 +3.1% SRI 0.015 + BTR 0.125 +4.2% NVO 0.065 +8.3% BTT 0.110 +4.8% MUX 19.55 +0.8% SCD 0.150 +0.0% PPX 0.220 +0.0% Gold 3,969.60 +1.8% Silver 50.89 +3.3% Copper 6.54 +0.9% Oil 96.46 −7.4% Palladium 962.50 −2.5% QRO 0.030 +0.0% PGC 0.030 +0.0% SASK 0.840 −2.3% GIGA 0.050 +0.0% WDO 26.12 +2.2% ERO 40.76 +0.2% BIRD 0.160 −13.5% ODV 3.20 −1.8% FVI 12.72 +3.1% SRI 0.015 + BTR 0.125 +4.2% NVO 0.065 +8.3% BTT 0.110 +4.8% MUX 19.55 +0.8% SCD 0.150 +0.0% PPX 0.220 +0.0%
Financings Routine −

East West Announces $858,000 Non-Brokered Private Placement

EW · Price

Executive Summary

  • East West Minerals Ltd. announced a non-brokered private placement financing of up to 7,800,000 units at $0.11 per unit, raising up to $858,000.
  • Each unit consists of one common share and one-half of a common share purchase warrant, with warrants exercisable at $0.15 per share for a three-year term.
  • Insiders will participate in the financing, with proceeds designated for working capital, subject to a four-month hold period and TSX Venture Exchange regulatory approval.

Key Details

  • Financing Structure: Non-brokered private placement
  • Quantity: Up to 7,800,000 units
  • Price per Unit: $0.11
  • Gross Proceeds: Up to $858,000
  • Unit Composition: 1 common share + 1/2 common share purchase warrant per unit
  • Warrant Exercise Price: $0.15 per common share
  • Warrant Term: 3 years from closing
  • Use of Proceeds: Working capital
  • Insider Participation: Yes
  • Hold Period: 4 months for all securities issued in the financing
  • Regulatory Requirements: Subject to TSX Venture Exchange acceptance and all necessary regulatory approvals
  • Finder's Fees: May be payable

Notable Quotes

  • None provided in the release.
Read the original news release →