Northwire Canada EditionThursday, November 12, 2026
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Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7% Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7%
Financings

Aldebaran increases bought deal offering to $35M

By The Northwire Desk — AI Analysis Jan 27, 2026 · 18:53 ALDE · 3.44 Aldebaran Resources Inc.
ALDE · Price

Executive Summary

  • Aldebaran Resources Inc. has upsized its previously announced bought deal private placement to C$35 million due to strong investor demand, issuing 10,769,300 common shares at $3.25 per share.
  • The underwriters hold an option to purchase up to 1,615,395 additional shares at the same price, potentially increasing gross proceeds by approximately $5.25 million.
  • Net proceeds will fund a prefeasibility study for the Altar copper-gold project in Argentina and general working capital, with closing expected around Feb. 5, 2026, subject to regulatory approvals.

Key Details

  • Offering Structure: Upsized bought deal private placement co-led by Cormark Securities Inc. and Red Cloud Securities Inc. as joint bookrunners on behalf of a syndicate.
  • Share Quantity & Price: 10,769,300 common shares issued at $3.25 per share.
  • Primary Gross Proceeds: $35,000,225.
  • Underwriter Over-Allotment Option: Option to purchase up to 1,615,395 additional shares at $3.25/share for up to ~$5,250,034 in additional gross proceeds, exercisable in whole or in part prior to closing.
  • Concurrent Private Placement: Shareholders with contractual anti-dilution rights may exercise these rights via a non-brokered private placement at the $3.25 issue price; closing expected simultaneously with the main offering.
  • Use of Proceeds: Prefeasibility study on the Altar copper-gold project (San Juan province, Argentina) and general working capital.
  • Regulatory & Listing Conditions: Subject to TSX Venture Exchange conditional acceptance and applicable Canadian/U.S. securities laws; shares issued under the listed issuer financing exemption in Canada carry no hold period.
  • Closing Timeline: Expected on or about Feb. 5, 2026, with a mandatory deadline of the 45th day following the release date.
  • Documentation: Amended and restated offering document available via SEDAR+ and the company’s website.
  • Project Context: Altar project hosts multiple porphyry copper-gold deposits and is part of a cluster of world-class porphyry copper deposits in Argentina. Updated mineral resource estimate released Nov. 25, 2024.
Read the original news release →

More from Aldebaran Resources Inc.

Oct 05, 2026 · 07:00

Aldebaran Reports 1,728.9 m of 0.45% CuEq (0.41% Cu, 0.03 g/t Au & 1.34 g/t Ag), including 756 m of 0.68% CuEq (0.61% Cu, 0.03 g/t Au & 2.12 g/t Ag) at the Altar Copper-Gold Project in San Juan, Argentina

Drill Results Sep 09, 2026 · 07:00

Aldebaran’s Altar infill returned 513 m at 1.06% CuEq, marking strong but expected resource conversion.

Drill Results Aug 25, 2026 · 07:00

Aldebaran’s Centauri spin-out clears its final TSX-V hurdle, paving the way for a standalone listing and value unlock.

M&A / Property Aug 11, 2026 · 07:00

Aldebaran clears its final court hurdle, unlocking a standalone Argentine exploration entity for future mineral development.

M&A / Property Jul 23, 2026 · 15:32

Aldebaran closes Centauri spin-out financing in escrow ahead of the August shareholder distribution.

Financings Jul 06, 2026 · 06:14

Aldebaran secures C$25 million to finalize its spinout and fund drilling at its Argentine Centauri project.

Financings