Financings
MILITARY METALS ANNOUNCES LIFE OFFERING

MILI · Price
Executive Summary
- Military Metals Corp. announced a non‑brokered private placement of 6,944,445 to 8,333,334 Units at $0.36 per Unit, targeting gross proceeds of approximately $2.5 M–$3.0 M.
- Each Unit consists of one common share and half of a warrant; the accompanying warrants are exercisable at $0.55 for twelve months.
- Proceeds will be used to fund technical work on the Trojarová antimony‑gold project, including completion of a Preliminary Economic Assessment (PEA) and definition infill drilling.
Key Details
- Offering Size: Minimum 6,944,445 Units; Maximum 8,333,334 Units.
- Pricing: $0.36 per Unit.
- Gross Proceeds: Approximately $2,500,000 minimum to $3,000,000 maximum.
- Unit Composition:
- 1 common share (“Share”).
- ½ of one common share purchase warrant (“Warrant”).
- Warrant Terms: Each whole warrant (issued in pairs) gives the holder the right to acquire one additional Share at $0.55 per Share, exercisable for twelve (12) months from issuance.
- Finder’s Compensation: Up to 7 % of gross proceeds paid as cash fees; up to 7 % of Units sold issued as non‑transferable Finder’s Warrants (exercise price $0.55, twelve‑month term).
- Regulatory Basis: Offered under the Listed Issuer Financing Exemption of NI 45‑106, available to investors in all Canadian provinces except Quebec and other qualifying jurisdictions; no hold period required.
- Closing Date: Expected on or about November 27, 2025.
- Use of Proceeds:
- Completion of a Preliminary Economic Assessment for the Trojarová antimony‑gold project (flagship asset).
- Definition infill drilling to further delineate mineralization.
Notable Quotes
(No direct quotes were provided in the release.)
More from Military Metals Corp.
Jun 12, 2026 · 11:17