Northwire Canada EditionThursday, July 16, 2026
Northwire
SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8% CAM 0.330 −1.5% SYH 0.395 −2.5% LOT 0.040 +0.0% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8% CAM 0.330 −1.5% SYH 0.395 −2.5% LOT 0.040 +0.0%
Financings

Beyond Minerals arranges $600,000 private placement

BY · Price

Executive Summary

  • Beyond Minerals Inc. announced a proposed non-brokered private placement (LIFE) of up to 12 million units at $0.05 per unit, raising up to $600,000 in gross proceeds.
  • The company entered into a marketing services agreement with consultant Max Reinhart to provide investor relations and marketing services, involving cash and equity compensation.
  • Management provided an operational update, confirming the completion of historical data scanning/georeferencing and the securing of field crews for the 2026 exploration season, with activities anticipated to commence in May.

Key Details

  • Financing Structure:
    • Type: Non-brokered private placement under the Listed Issuer Financing Exemption (LIFE).
    • Units: Up to 12,000,000 units.
    • Price: $0.05 per unit.
    • Gross Proceeds: Up to $600,000.
    • Composition: Each unit consists of one common share and one-half of one common share purchase warrant.
    • Warrant Terms: Each whole warrant allows the purchase of one share at an exercise price of $0.10 for 24 months from issuance.
    • Use of Proceeds: General working capital, mineral property exploration/expenditures, and marketing/advertising.
    • Closing: Scheduled on or about March 31, 2026.
    • Conditions: Closing of the initial tranche requires a minimum raise of $200,000. Shares are subject to listing on the Canadian Securities Exchange.
    • Finders' Fees: May be paid in cash, shares, warrants, or a combination.
  • Marketing Services Agreement:
    • Counterparty: Max Reinhart (arm's-length party).
    • Effective Date: February 25, 2026.
    • Term: Indeterminate, terminable by either party with 30 days' notice.
    • Compensation:
      • Monthly cash fee of $2,000.
      • 41,667 incentive stock options per month (granted quarterly in tranches of 125,001 options).
      • Exercise Price: Last closing trading price on the Canadian Securities Exchange prior to the grant date.
      • Vesting: 25% on grant date, 25% every three months thereafter.
  • Operational Updates:
    • Data Processing: Completed scanning and georeferencing of all historical data sets from various sources.
    • Strategy Finalization: CEO Allan Frame and VP of Exploration Lawrence to meet with senior geologists Graeme Evans and Paul Baxter in March to finalize the 2026 exploration strategy across all three projects.
    • Field Activities: Two field crews secured for the season; field activities anticipated to commence in May 2026.

Notable Quotes

  • "Since our last update, we have completed the scanning and georeferencing of all historical data sets from our various sources -- an important milestone that strengthens our technical evaluation for targeting and planning." — Allan Frame, CEO
  • "With two field crews already secured for the season, we are well positioned to execute our program on schedule and anticipate commencing field activities in May. This level of preparation ensures we can move quickly to maximize the value of our exploration efforts in 2026." — Allan Frame, CEO
Read the original news release →

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