Northwire Canada EditionTuesday, September 1, 2026
Northwire
GOLD 4385.10 −2.1% SILVER 65.05 −2.9% COPPER 6.53 −2.3% OIL 90.50 +5.5% PALLADIUM 1317.25 −4.4% APN 0.015 +0.0% CYG 0.175 +2.9% SRI 0.015 +0.0% GER 0.005 +0.0% NBY 0.080 +0.0% TECK 93.14 −1.4% GAL 0.650 +0.0% SRC 1.71 +0.0% GR 0.070 +0.0% ANK 0.385 −2.5% PA 0.150 +0.0% NOBL 0.105 +0.0% RDS 1.16 −6.1% PTX 0.090 +0.0% DNO 0.300 +0.0% MTT 0.200 −3.6% GOLD 4385.10 −2.1% SILVER 65.05 −2.9% COPPER 6.53 −2.3% OIL 90.50 +5.5% PALLADIUM 1317.25 −4.4% APN 0.015 +0.0% CYG 0.175 +2.9% SRI 0.015 +0.0% GER 0.005 +0.0% NBY 0.080 +0.0% TECK 93.14 −1.4% GAL 0.650 +0.0% SRC 1.71 +0.0% GR 0.070 +0.0% ANK 0.385 −2.5% PA 0.150 +0.0% NOBL 0.105 +0.0% RDS 1.16 −6.1% PTX 0.090 +0.0% DNO 0.300 +0.0% MTT 0.200 −3.6%
Financings

Equity Metals Closes Non-Brokered Charity/Premium Flow-Through Private Placement

Equity Metals Solidifies Balance Sheet with $4.6M Raise as Arlington Ownership Hits 100% Milestone

Executive Summary

The most recent news release on December 18, 2025, confirms the closing of a non-brokered charity/premium flow-through private placement for gross proceeds of $4,600,000. The company issued 20,000,000 units at a price of $0.23 per unit. Each unit consists of one flow-through common share and one-half of one non-flow-through purchase warrant, exercisable at $0.40 for 36 months. Additionally, the company announced it has completed the final option payment to earn a 100% interest in the Arlington property.

Material Impact

This news is materially positive for two primary reasons: - Capital Injection: The $4,600,000 raise provides the necessary runway to fund the anticipated 2026 exploration programs at Silver Queen and Arlington without immediate liquidity concerns. Although the $0.23 issuance price is a significant discount to the mid-December trading price of $0.34, the use of "Charity/Premium" flow-through typically allows companies to raise larger amounts with less share dilution than standard placements. - Asset Consolidation: Achieving 100% ownership of the Arlington property removes the "earn-in" risk and simplifies the corporate structure. While a 2% NSR remains, the company’s right to buy back 1% for $1,000,000 provides a clear path to reducing future royalty burdens. - Resource Continuity: This financing follows a string of successful drill results (SQ25-160, SQ25-164) that extended the No. 3 Vein at Silver Queen. The funding ensures these results can be integrated into the upcoming Mineral Resource Estimate (MRE) update.

EQTY · Price
Company Overview

Equity Metals is focused on the Silver Queen Au-Ag-Zn project in central British Columbia. The project features over 20 identified epithermal veins. The No. 3 Vein is the flagship deposit, currently accounting for 65% of the modelled resource. Recent 2024 and 2025 drilling has consistently extended this mineralization laterally by 400-650 meters and to depths of 450 meters, suggesting the upcoming resource update will show significant growth.

Read the original news release →

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