Nuinsco Further Expands Private Placement

Executive Summary

• Nuinsco Resources increased its non‑brokered private placement capacity to up to 220 million flow‑through and common shares at $0.005 per share, targeting total proceeds of $1.10 million.
• The company has already issued 73.18 million common shares on Jan 8, 2026 for $365,900 and announced an additional increase on Jan 19, 2026 to bring the aggregate private‑placement amount to $800,000.
• Proceeds will be used to advance the Prairie Lake critical metals project in Ontario.

Key Details

• Maximum Offering Size: Up to 220,000,000 flow‑through and/or common shares.
• Subscription Price: $0.005 per share.
• Total Potential Gross Proceeds: $1,100,000.
• January 8, 2026 Issuance: 73,180,000 common shares issued for aggregate proceeds of $365,900.
• January 19, 2026 Increase: Private placement size increased to allow an additional $800,000 of gross proceeds.
• Statutory Hold Period: All securities subject to a four‑month plus one‑day hold period per CSE and Canadian securities law.
• Use of Proceeds: Funding will be applied to the Prairie Lake critical metals project (phosphate, REE, niobium, tantalum) near Terrace Bay, Ontario.

Notable Quotes

(No direct quotes were provided in the release.)