Northwire Canada EditionTuesday, November 3, 2026
Sign inSubscribe
Northwire
⌕
Gold 3,940.40 −0.7% Silver 49.76 −2.2% Copper 6.40 −2.5% Oil 95.89 −0.6% Palladium 932.75 −3.7% CTN 0.045 + EQTY 0.090 +5.9% MON 0.395 +0.0% GAL 0.352 +2.2% MUR 0.160 +0.0% BARU 0.040 +0.0% GGO 1.03 +2.0% DNG 5.30 +0.8% VCU 0.770 +0.0% NVX 0.950 +4.4% LOD 0.200 −9.1% OBUL 0.400 +5.3% VMXX 0.370 +1.4% TGOL 0.130 +0.0% WINS 0.075 +0.0% EAU 0.045 +0.0% Gold 3,940.40 −0.7% Silver 49.76 −2.2% Copper 6.40 −2.5% Oil 95.89 −0.6% Palladium 932.75 −3.7% CTN 0.045 + EQTY 0.090 +5.9% MON 0.395 +0.0% GAL 0.352 +2.2% MUR 0.160 +0.0% BARU 0.040 +0.0% GGO 1.03 +2.0% DNG 5.30 +0.8% VCU 0.770 +0.0% NVX 0.950 +4.4% LOD 0.200 −9.1% OBUL 0.400 +5.3% VMXX 0.370 +1.4% TGOL 0.130 +0.0% WINS 0.075 +0.0% EAU 0.045 +0.0%
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

By The Northwire Desk — AI Analysis Dec 18, 2025 · 16:16 EQTY · 0.305 Equity Metals Corporation
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 →

More from Equity Metals Corporation

Nov 03, 2026 · 10:20

Equity’s Silver Queen project expanded inferred tonnage by 169% following new drilling results at the deposit.

Resource Estimate Oct 08, 2026 · 07:31

Equity’s Silver Queen project validation confirms grades, while the market continues to price in exploration and economic risk.

Drill Results Sep 16, 2026 · 10:41

Equity’s Silver Queen resource headline is inflated by price assumptions, while an indicated resource downgrade masks inferred resource growth.

Resource Estimate Jan 28, 2026 · 18:06

Equity moves crews to start drilling at Silver Queen

Drill Results Jan 28, 2026 · 08:31

Drilling Resumes at Flagship Silver Queen as Arlington Assays Signal New Intrusive Target

Drill Results Nov 17, 2025 · 09:31

None

Drill Results