Northwire Canada EditionFriday, November 13, 2026
Sign inSubscribe
Northwire
⌕
Gold 3,878.70 −0.2% Silver 48.84 −2.4% Copper 6.07 −2.0% Oil 88.90 +0.2% Palladium 1,001.25 +1.0% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.35 −5.1% XTG 2.08 +4.0% RUA 1.06 −3.6% TUF 0.610 −1.6% NEXG 1.11 −2.2% ELEF 0.275 −1.8% LVG 0.345 +1.5% BBB 0.510 +2.0% NGC 0.055 −8.3% ABRA 10.53 −2.3% OBUL 0.345 +0.0% MKO 10.51 −2.9% SGML 7.26 +2.5% Gold 3,878.70 −0.2% Silver 48.84 −2.4% Copper 6.07 −2.0% Oil 88.90 +0.2% Palladium 1,001.25 +1.0% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.35 −5.1% XTG 2.08 +4.0% RUA 1.06 −3.6% TUF 0.610 −1.6% NEXG 1.11 −2.2% ELEF 0.275 −1.8% LVG 0.345 +1.5% BBB 0.510 +2.0% NGC 0.055 −8.3% ABRA 10.53 −2.3% OBUL 0.345 +0.0% MKO 10.51 −2.9% SGML 7.26 +2.5%
Financings

CCMI Announces First Tranche Closing of LIFE Offering

By The Northwire Desk — AI Analysis Dec 12, 2025 · 20:14 CCMI · 0.035 Canadian Critical Minerals Inc.
CCMI · Price

Executive Summary

  • Canadian Critical Minerals Corp. closed the first tranche of its private placement, raising $588,850 from the issuance of 16,824,286 units at $0.035 per unit.
  • Each unit includes one common share and one warrant exercisable at $0.05 for five years; finder fees and warrants were also issued.
  • Proceeds are earmarked to fund the application to restart the Bull River Mine project and for general working capital.

Key Details

  • Gross proceeds: $588,850.
  • Units sold: 16,824,286 units at $0.035 per unit.
  • Unit composition: 1 common share + 1 common share purchase warrant (exercisable at $0.05 for five years).
  • Finder compensation: $2,401 cash plus 68,600 finder warrants (each purchasable at $0.05 for two years), subject to a four‑month + one‑day hold period.
  • Second tranche: Expected to close next week, pending TSX Venture Exchange approval.
  • Use of proceeds: Complete application to restart the Bull River Mine project near Cranbrook, BC, and provide working capital.
  • Regulatory compliance: Units issued under NI 45-106 listed issuer financing exemption; Canadian‑resident securities freely tradeable.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

More from Canadian Critical Minerals Inc.

Aug 27, 2026 · 12:06

Canadian Critical’s Bull River project remains stalled on permitting with a preliminary economic assessment expected in the fourth quarter of 2026.

Management Jun 22, 2026 · 08:01

Canadian Critical secures the Bull River Mine lease to restart operations, though cash burn and dilution remain key risks for the project.

Production / Operations Jun 03, 2026 · 08:01

Canadian Critical Minerals Receives Mining Lease Term Renewal for Bull River Mine

Production / Operations Mar 12, 2026 · 04:27

Canadian Critical pays finder's fee for offering

Financings Dec 30, 2025 · 10:37

Cdn Critical closes $162,785 final tranche of financing

Financings Dec 30, 2025 · 06:01

CCMI Announces Second Tranche Closing of LIFE Offering

Financings