Anteros Metals Inc. Announces Closing of Final Tranche of Private Placement

Executive Summary

• Anteros Metals Inc. closed the final tranche of its non‑brokered private placement, issuing 2,196,153 flow‑through units at $0.065 each and 1,300,000 hard‑dollar units at $0.05 each.
• The offering generated aggregate gross proceeds of $207,749.95, which will be used for working capital and general corporate purposes.
• Units include common shares and half‑warrants; flow‑through units qualify for the Canadian Critical Mineral Exploration Tax Credit, and all securities are subject to a four‑month hold period plus one day.

Key Details

• Units Issued: 2,196,153 FT Units @ $0.065 per unit; 1,300,000 hard‑dollar Units @ $0.05 per unit.
• Gross Proceeds: $207,749.95.
• FT Unit Composition: 1 common share (flow‑through) + ½ whole common share purchase warrant (non‑flow‑through).
• Hard‑Dollar Unit Composition: 1 common share + ½ whole common share purchase warrant.
• Warrant Terms: Each warrant allows purchase of one common share at $0.10 per share for a period of two years from issuance.
• Use of Proceeds: Working capital and general corporate purposes.
• Holding Period: Securities subject to a hold period of four months plus one day from the date of issuance, plus applicable resale rules.
• Finder’s Warrants (First & Second Tranches): 228,308 finder’s warrants issued; each exercisable for one common share at $0.10 per share for two years.
• Commission Paid: Aggregate cash commissions of $16,042.50 were paid in connection with the first and second tranches.

Notable Quotes

(No executive quotes provided in the release.)