Financings

North Atlantic Titanium Closes Final Tranche of $1.25 Million Private Placement Financing to Advance the Everett Titanium Project in Quebec

By The Northwire Desk — AI Analysis Jan 21, 2026 · 09:00 NATO · 0.13 North Atlantic Titanium Corp.

NATO · Price

North Atlantic Titanium Corp. closed the final tranche of its upsized, oversubscribed non‑brokered offering, raising total gross proceeds of $1.25 million.
The offering consisted of 12.5 M Units at $0.06 each and 6.25 M flow‑through (FT) Units at $0.08 each; each Unit includes one common share and a warrant to purchase an additional share at $0.10.
Net proceeds will fund the initial option payment for the Everett titanium property, working capital, surface exploration, metallurgical testing, and future diamond drilling on the Everett oxide body.

Total Gross Proceeds: $1,250,000
Units: 12,500,000 @ $0.06 per Unit = $750,000
- Each Unit = 1 common share + 1 warrant (exercise price $0.10, 24‑month term).
FT Units: 6,250,000 @ $0.08 per FT Unit = $500,000
- Each FT Unit = 1 flow‑through common share + 1 warrant (same terms).
Use of Proceeds
Units Net Proceeds: Initial option payment for the Everett titanium property, working capital, general corporate purposes.
FT Units Gross Proceeds: Surface exploration, metallurgical testing, verification of historic work at Everett; diamond drilling planned pending permitting.
Finder’s Fees & Warrants
Paid $24,963.20 in finder’s fees and issued 416,053 Finder’s Warrants (exercise price $0.06, 24‑month term).
Advisory Fee
Research Capital Corp. received a $100,000 advisory fee (plus taxes) paid via issuance of 1,666,666 Units on the same terms as the offering.
Hold Period: All securities issued under the offering and advisory fee are subject to a four‑month‑and‑one‑day hold period from closing.
Insider Participation
Insiders subscribed for 783,317 Units (related‑party transaction within MI 61‑101 exemption thresholds).
Regulatory Notes
Offering and finder’s fee payments require Exchange approval.
FT Unit proceeds must be used for qualifying Canadian Exploration Expenses (CEE) incurred by Dec 31 2026 and renounced by Dec 31 2025; indemnification provision for any shortfall in tax renunciation.

“We are pleased to have successfully closed this offering… This represents a significant milestone in advancing our project and creating long‑term value for our shareholders as we work to unlock the potential of the Everett project…” – Dwayne Yaretz, CEO

More from North Atlantic Titanium Corp.