Northwire Canada EditionSaturday, November 14, 2026
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Gold 3,886.30 +0.0% Silver 49.12 −1.9% Copper 6.09 −1.7% Oil 88.56 −0.2% Palladium 1,007.60 +1.6% PPTA 25.29 −0.6% AIR 0.050 −9.1% PMX 0.055 +0.0% CCMC 0.340 +0.0% PPM 0.095 +0.0% BMR 0.165 +0.0% S 0.175 +0.0% STGO 1.37 −2.8% GRDM 0.180 +0.0% CRI 0.015 +0.0% CN 0.120 +0.0% BTT 0.100 −13.0% AUXX 5.07 −2.9% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.66 −3.1% Gold 3,886.30 +0.0% Silver 49.12 −1.9% Copper 6.09 −1.7% Oil 88.56 −0.2% Palladium 1,007.60 +1.6% PPTA 25.29 −0.6% AIR 0.050 −9.1% PMX 0.055 +0.0% CCMC 0.340 +0.0% PPM 0.095 +0.0% BMR 0.165 +0.0% S 0.175 +0.0% STGO 1.37 −2.8% GRDM 0.180 +0.0% CRI 0.015 +0.0% CN 0.120 +0.0% BTT 0.100 −13.0% AUXX 5.07 −2.9% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.66 −3.1%
Financings

Arbor Metals closes $1-million private placement

ABR · Price

Executive Summary

  • Arbor Metals Corp. has closed a non-brokered private placement, raising $1 million in gross proceeds.
  • The company issued 5 million units at a price of $0.20 per unit, with each unit comprising one flow-through common share and one-half of a share purchase warrant.
  • Proceeds are designated for the continued exploration and development of the Jarnet lithium project and the Ernest REE project in Quebec.

Key Details

  • Transaction Structure: Non-brokered private placement.
  • Gross Proceeds: $1,000,000.
  • Units Issued: 5,000,000 units.
  • Price Per Unit: $0.20.
  • Security Composition: Each unit consists of one common share (issued as a flow-through share under the Income Tax Act (Canada)) and one-half of one share purchase warrant.
  • Warrant Terms:
    • Exercise Price: $0.25 per share.
    • Expiration Date: November 19, 2028.
  • Finder’s Fees/Compensation:
    • An arm's-length party received 500,000 shares and 250,000 non-transferable share purchase warrants for introducing investors.
    • Finder’s Warrant Terms: Exercisable at $0.25 until November 19, 2028.
  • Resale Restrictions: All securities are subject to a hold period until March 20, 2026.
  • Use of Proceeds: Continued exploration and development of the Jarnet lithium project and the Ernest REE project, both located in Quebec.

Notable Quotes

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

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