Northwire Canada EditionSaturday, August 15, 2026
Northwire
ERD 6.16 −1.4% NFG 2.37 +2.2% CLM 0.060 +0.0% GEMG 1.64 +0.0% STGO 1.56 +2.6% WEX 0.580 −3.3% NOBL 0.120 +9.1% LGO 1.00 −3.9% SSE 0.095 +0.0% AAZ 0.040 +0.0% MNRG 0.095 +11.8% RME 0.260 +30.0% NUAG 9.48 +1.3% KRN 0.300 +11.1% EON 0.020 −nan% EMO 0.420 −1.2% ERD 6.16 −1.4% NFG 2.37 +2.2% CLM 0.060 +0.0% GEMG 1.64 +0.0% STGO 1.56 +2.6% WEX 0.580 −3.3% NOBL 0.120 +9.1% LGO 1.00 −3.9% SSE 0.095 +0.0% AAZ 0.040 +0.0% MNRG 0.095 +11.8% RME 0.260 +30.0% NUAG 9.48 +1.3% KRN 0.300 +11.1% EON 0.020 −nan% EMO 0.420 −1.2%
Financings

Beyond Lithium Completes Final Tranche of LIFE Offering and Debt Settlement Transaction

BY · Price

Executive Summary

  • Beyond Lithium completed the second and final tranche of its non‑brokered private placement, issuing 4,622,546 units at $0.03 per unit for gross proceeds of $138,676.38.
  • The company also settled an $84,000 management‑fee debt by issuing 2,800,000 units to the CEO’s management company at a deemed price of $0.03 per unit.
  • Total capital raised from both tranches now equals $300,000, which will be used for working capital, exploration on the Rare One project, and marketing activities.

Key Details

  • Final Tranche: 4,622,546 units @ $0.03/unit → $138,676.38 gross proceeds.
  • Debt Settlement: Issuance of 2,800,000 units @ $0.03/unit to settle $84,000 in outstanding management fees.
  • First Tranche (reference): Previously raised $161,323.62 on August 28 2025.
  • Total Offering Proceeds: $300,000 (first + final tranches).
  • Unit Composition: Each unit = 1 common share + ½ warrant; each whole warrant allows purchase of one share at $0.10 for 24 months.
  • Finder Compensation: Cash commission of $9,013.62 (7% of proceeds) plus 300,454 non‑transferable broker warrants (7% of units sold). Broker warrants exercisable at $0.03 per share for 24 months.
  • Use of Proceeds: General working capital, exploration activities and expenditures on the Rare One project, marketing & advertising, and other purposes outlined in the Offering Document.
  • Restrictions: Units issued under the Debt Settlement subject to a hold period of four months + one day; all units otherwise free of resale restrictions under the LIFE exemption.
  • Regulatory Notices: Securities not registered in the U.S.; offering limited to Canadian jurisdictions per exempt market provisions.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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