Financings

Canamera arranges $3-million private placement

By The Northwire Desk — AI Analysis Oct 16, 2025 · 04:03 EMET · 0.56 Canamera Energy Metals Corp

EMET · Price

Canamera Energy Metals Corp. announced a non‑brokered private placement to raise up to $3 million in gross proceeds, with an option to upsized by an additional $1 million.
The offering consists of two classes of units: 1,785,714 flow‑through (FT) units at C$0.56 each and 4,444,445 non‑flow-through units at C$0.45 each, each unit paired with half a warrant.
Proceeds will be used to advance the Turvolandia and São Sepe rare‑earth projects in Brazil, stake mining claims in the United States, and for general working capital and corporate purposes.

Structure of Units
FT units: 1,785,714 units @ C$0.56 per unit → each unit = 1 FT common share + ½ FT warrant; full warrant exercisable at C$0.65 for 36 months.
Non‑FT units: 4,444,445 units @ C$0.45 per unit → each unit = 1 non‑FT common share + ½ warrant; full warrant exercisable at C$0.56 for 36 months.
Gross Proceeds Target: Up to C$3 million (≈ US$2.2 M) with a possible upsizing of an additional C$1 million based on market conditions.
Use of Proceeds
Advance exploration and development at the Turvolandia and São Sepe rare‑earth properties in Brazil.
Stake new mining claims in the United States.
General working capital, corporate purposes, and investor‑relations activities.
Flow‑Through Tax Treatment: Proceeds from FT units will be used for Canadian exploration expenses to qualify as flow‑through mining expenditures under the Canada Income Tax Act, allowing tax renunciation to purchasers.
Closing Conditions & Timing
Subject to customary closing conditions.
Securities subject to a statutory hold period of four months and one day after issuance.
Finder Compensation: Persons acting as finders may receive 6 % cash plus 6 % in finder’s fees per Canadian Securities Exchange rules.

(No direct quotes were provided in the release.)

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