Financings
Free Battery Announces Extention Of Private Placement Closing

FREE · Price
Executive Summary
- Free Battery Metal Limited extended its non‑brokered private placement to raise up to 4,000,000 common shares at $0.25 per share, with a new closing deadline of on or about December 20, 2025 (no later than that date).
- The extension provides additional time for investors to participate and maintains the same pricing and hold‑period terms as previously disclosed.
- Net proceeds are earmarked for payment of the second assignment fee, exploration work on existing properties, new property acquisitions, and general working capital.
Key Details
- Offering Size: Up to 4,000,000 common shares.
- Price per Share: $0.25 CAD.
- Extended Closing Date: On or about December 20, 2025 (no later than this date).
- Hold Period: Shares issued will be subject to a hold period of four months and one day from the issue date.
- Finders’ Fees: May be payable on all or part of the offering in accordance with CSE policies.
- Use of Proceeds:
- Payment of the second assignment fee.
- Exploration activities on existing exploration properties (including the Property).
- Acquisition of new mineral property interests.
- General working capital needs.
- Regulatory Notice: The offering is not an offer or solicitation in the United States; securities will not be registered under U.S. securities laws and may not be sold to U.S. persons without exemption or registration.
Notable Quotes
(No executive quotes were included in the release.)