Northwire Canada EditionTuesday, August 11, 2026
Northwire
OMI 0.275 −3.5% CUEX 0.090 +5.9% RAK 0.170 −2.9% TGOL 0.135 +8.0% DEC 0.085 +0.0% NWST 0.285 +0.0% CDA 0.900 +5.9% AVL 5.07 +0.4% FSY 0.560 −1.8% GTC 0.780 +9.9% FCI 0.460 +4.5% IDEX 0.355 +2.9% MERG 0.890 +7.2% CNL 20.00 +1.1% ALGR 0.620 −4.6% MEK 0.050 +0.0% OMI 0.275 −3.5% CUEX 0.090 +5.9% RAK 0.170 −2.9% TGOL 0.135 +8.0% DEC 0.085 +0.0% NWST 0.285 +0.0% CDA 0.900 +5.9% AVL 5.07 +0.4% FSY 0.560 −1.8% GTC 0.780 +9.9% FCI 0.460 +4.5% IDEX 0.355 +2.9% MERG 0.890 +7.2% CNL 20.00 +1.1% ALGR 0.620 −4.6% MEK 0.050 +0.0%
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.)

Read the original news release →

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