Northwire Canada EditionThursday, November 12, 2026
Sign inSubscribe
Northwire
⌕
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

Lithium Ion Energy increases financing to $1.5-million

By The Northwire Desk — AI Analysis Feb 02, 2026 · 21:08 OSM · 0.04 Osiris One Metals Ltd.
OSM · Price

Executive Summary

  • Lithium Ion Energy Ltd. has upsized its previously announced non-brokered private placement, increasing the aggregate proceeds from $600,000 to $1.5 million due to strong investor demand.
  • The company will issue 37.5 million units at a price of $0.04 per unit, with each unit consisting of one common share and one common share purchase warrant.
  • Net proceeds will be utilized to maintain the company's existing exploration portfolio and for general working capital.

Key Details

  • Transaction Structure: Non-brokered private placement.
  • Upsized Amount: Increased from $600,000 to $1.5 million.
  • Units Issued: 37.5 million units.
  • Price Per Unit: $0.04.
  • Gross Proceeds: Up to $1.5 million.
  • Warrant Terms: Each unit includes one common share purchase warrant.
    • Exercise Price: $0.05 per common share.
    • Expiration: 24 months from the closing date (subject to TSX-V approval).
  • Hold Period: 4 months and 1 day from the date of issuance.
  • Use of Proceeds: Maintenance of existing exploration portfolio and general working capital.
  • Regulatory Status: Subject to approval of the TSX Venture Exchange and other necessary regulatory approvals.
  • Finders' Fees: The company may pay finders' fees to eligible finders, subject to compliance with securities laws and TSX-V policies.

Notable Quotes

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

More from Osiris One Metals Ltd.

Nov 02, 2026 · 07:45

Osiris One rebrands to focus on copper following the acquisition of the Island Range project.

M&A / Property Oct 19, 2026 · 07:55

Osiris One acquires the Island Range copper-gold project to expand its British Columbia portfolio.

M&A / Property Jul 11, 2026 · 08:47

Osiris One is divesting its Mongolian lithium asset to refocus on the Western Range copper-silver project.

M&A / Property Jun 25, 2026 · 17:40

Osiris One acquires Western Range, expanding its portfolio through a dilutive share issuance.

M&A / Property Jun 15, 2026 · 08:01

Osiris One concludes Mongolia drilling and awaits Western Range acquisition closing after adding a mining veteran to its board.

Drill Results Jun 01, 2026 · 08:01

Osiris One Metals Acquires Western Range Silver-Copper Project in Western Australia

M&A / Property