Northwire Canada EditionMonday, August 10, 2026
Northwire
WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0% WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0%
Financings

Flow Metals Announces Financing

FWM · Price

Executive Summary

  • Flow Metals Corp. announced a non‑brokered private placement to raise up to $400,000 in gross proceeds.
  • Units will be sold at $0.05 each, consisting of one common share and half of a warrant exercisable at $0.10 per share for 24 months.
  • Net proceeds are earmarked for exploration and development of the Sixtymile project (Yukon) and other assets in British Columbia, as well as working capital and general corporate purposes.

Key Details

  • Offering Size: Up to $400,000 aggregate gross proceeds.
  • Unit Price: $0.05 per Unit.
  • Unit Composition: 1 common share + ½ transferable common share purchase warrant (two half‑warrants = 1 full Warrant).
  • Warrant Terms: 24‑month term; exercise price $0.10 per share.
  • Closing Structure: May be closed in one or more tranches as subscriptions are received; securities subject to a four‑month hold period.
  • Use of Proceeds: Fund exploration and development of Yukon and British Columbia projects, provide working capital, and cover general corporate purposes.
  • Insider Participation: Current insiders may participate; finder’s fees may be paid in cash and/or warrants to qualified introducers.
  • Regulatory Notes: Securities not registered under the U.S. Securities Act; offering relies on applicable exemptions.

Notable Quotes

“Following the grant of a 10‑year Class 3 Quartz exploration permit at Sixtymile, we are preparing for a substantially expanded work program next year… This financing positions us to begin preparations for a focused drill campaign in 2026 aimed at advancing the core targets at Sixtymile and evaluating additional high‑priority structures across the property.” – Scott Sheldon, President & CEO


All forward‑looking statements are subject to risks and uncertainties detailed in the release.

Read the original news release →

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