Arbor Metals Closes $1 Million Private Placement

Executive Summary

• Arbor Metals Corp. closed a non‑brokered private placement of 5,000,000 units at $0.20 per unit, raising gross proceeds of $1,000,000.
• Each unit consists of one common share (flow‑through) and half of a share purchase warrant exercisable at $0.25 until 19 Nov 2028; additional finders’ securities were issued as compensation.
• Proceeds are earmarked for continued exploration and development of the Jarnet Lithium Project and the Ernest REE Project in Québec.

Key Details

• Units Issued: 5,000,000 units @ $0.20 each → Gross proceeds: $1,000,000.
• Unit Composition: 1 common share (flow‑through) + ½ share purchase warrant.
• Warrant Terms: Exercise price $0.25 per full warrant; exercisable until 19 Nov 2028.
• Finders’ Compensation: 500,000 shares and 250,000 non‑transferable finders’ warrants issued to an arms‑length party; each finders’ warrant exercisable at $0.25 until 19 Nov 2028.
• Resale Restrictions: All securities subject to a lock‑up until 20 Mar 2026.
• Use of Proceeds: Directed toward exploration and development activities at the Jarnet Lithium Project and the Ernest REE Project in Québec.

Notable Quotes

“The successful closing of this private placement provides us with essential capital to advance our high‑potential lithium and rare‑earth projects in Québec,” – Mark Ferguson, Chief Executive Officer.