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.
More from Flow Metals Corp.
May 26, 2026 · 05:01