Northwire Canada EditionFriday, November 13, 2026
Sign inSubscribe
Northwire
⌕
Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Financings

Medaro Announces Closing of LIFE Private Placement Offering

By The Northwire Desk — AI Analysis Jan 06, 2026 · 19:32 MEDA · 0.44 Medaro Mining Corp.
MEDA · Price

Executive Summary

  • Medaro Mining Corp. closed its LIFE private placement, issuing 3,742,786 units at $0.14 per unit for gross proceeds of approximately $523,990.
  • After deducting finder’s fees and a $35,000 debt settlement to Treewalk Ventures, net proceeds were about $482,620, which will be used to fund exploration at the Pontax and Cyr South lithium projects and for general corporate purposes.
  • The placement involved related‑party participation by Treewalk Ventures (controlled by CFO Alexander McAulay) and was completed under NI 45‑106 exemptions; securities are not registered in the United States.

Key Details

  • Units Issued: 3,742,786 units @ $0.14 each → $523,990.04 gross proceeds.
  • Unit Composition: 1 common share + 1 common share purchase warrant per unit.
  • Warrant Terms: Exercise price $0.17; exercisable after 60 days for a 24‑month period.
  • Finder’s Fees & Warrants:
  • RCC – $2,940 cash fee + 21,000 finder warrants issued.
  • Ventum – $3,430 cash fee + 24,500 finder warrants issued.
  • Related Party Transaction: Treewalk Ventures received 250,000 shares; Medaro paid $35,000 to partially settle an outstanding debt to Treewalk.
  • Net Proceeds: Approximately $482,620.04 after fees and debt settlement.
  • Use of Proceeds: Advance exploration at Pontax and Cyr South lithium properties; general corporate purposes and administrative expenses.
  • Exemptions Utilized: Listed Issuer Financing Exemption (NI 45‑106) and Coordinated Blanket Order 45‑935; no hold period required.
  • U.S. Securities Restrictions: Units not registered under the U.S. Securities Act; cannot be offered or sold in the United States absent exemption.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

More from Medaro Mining Corp.

Jun 17, 2026 · 06:01

Medaro Mining Commences Airborne Geophysical Survey at Clay Howells West REE Property, Ontario

Drill Results Jun 09, 2026 · 06:01

Medaro Mining Commences Ground Fieldwork at Clay Howells West Rare Earth Element Project, Ontario

Drill Results May 28, 2026 · 06:01

Medaro Mining Secures High-Grade Copper and Gold Assays in Sweden, Yet Permit Transfer Risks Loom

Drill Results May 19, 2026 · 06:01

Medaro Advances Ontario REE Targets Following Sweden Acquisition Push

Drill Results May 13, 2026 · 06:01

Medaro Mining pivots to past-producing Sala silver-zinc project, betting on a 67 Moz AgEq inferred resource to transform its Swedish portfolio.

M&A / Property Apr 28, 2026 · 06:01

Medaro Mining Corp.

M&A / Property