Northwire Canada EditionSunday, November 1, 2026
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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Financings Routine −

Manning Ventures Announces Non-Brokered Private Placement

Manning Ventures Raises $600K at a 54% Discount Amid Negative Book Value and Persistent Dilution

Executive Summary
  • Manning Ventures Inc. announced a non-brokered private placement of up to 10,000,000 common shares at $0.06 per share, targeting up to $600,000 CAD in gross proceeds.
  • Proceeds are designated for general working capital.
  • The offering carries a statutory hold period of four months plus one day and is contingent on CSE and corporate approvals.
  • This follows a similar placement on March 20, 2026, which targeted $300,000 at the identical $0.06 price point, alongside the resignation of Chairman Etienne Moshevich.
Material Impact
  • The placement price of $0.06 represents a ~54% discount to the recent market price of $0.13, signaling weak bargaining power and immediate dilutive pressure.
  • The issuance of up to 10 million shares represents approximately 29.4% dilution on the current ~34 million share base.
  • Gross proceeds of $600,000 are minimal relative to the company's operational burn and existing liabilities, serving as a short-term liquidity bridge rather than a transformative capital injection.
  • The market has already priced in a downtrend from $0.30 to $0.08, and the discount aligns with the lower end of recent trading ranges, limiting any upside surprise.
MANN · Price
Company Overview
  • Manning Ventures Inc. operates as a small-cap venture/investment holding company.
  • The business model appears to focus on early-stage investments or holding assets, with no disclosed revenue streams in the provided financials.
  • Primary activities consist of managing investments and funding operations through equity and debt financing.
  • The company trades on the Canadian Securities Exchange (CSE: MANN) and is listed on the Frankfurt exchange (1H5) and US OTC (MANVF).
Read the original news release →

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