Nuinsco Expands Private Placement

Executive Summary

• Nuinsco Resources increased its non‑brokered private placement to a maximum of 160 million shares at $0.005 per share, targeting up to $800,000 in gross proceeds.
• To date the company has issued 73.18 million common shares for $365,900 and paid finder cash fees of $10,827, also granting Finder Warrants exercisable until June 30 2027.
• Proceeds will be used to advance the Prairie Lake critical‑metals project in Ontario.

Key Details

• Placement Size: Up to 160,000,000 Flow‑Through and/or Common Shares (subject to investor demand).
• Subscription Price: $0.005 per share.
• Potential Gross Proceeds: $800,000.
• Closing Date Expected: On or about February 2 2026.
• Shares Issued to Date (Jan 8 2026): 73,180,000 common shares for aggregate proceeds of $365,900.
• Finder Compensation: Cash fees paid total $10,827.
• Finder Warrants: Each warrant allows purchase of one common share at the subscription price; exercisable until June 30 2027.
• Statutory Hold Period: All securities issued are subject to a four‑month plus one‑day hold period per CSE rules and Canadian securities law.
• Use of Proceeds: Funding will be directed toward exploration and development activities at the Prairie Lake critical metals project near Terrace Bay, Ontario.

Notable Quotes

(No direct quotes were provided in the release.)