Northwire Canada EditionMonday, August 17, 2026
Northwire
ERD 6.16 −1.4% NFG 2.37 +2.2% CLM 0.060 +0.0% GEMG 1.64 +0.0% STGO 1.56 +2.6% WEX 0.580 −3.3% NOBL 0.120 +9.1% LGO 1.00 −3.9% SSE 0.095 +0.0% AAZ 0.040 +0.0% MNRG 0.095 +11.8% RME 0.260 +30.0% NUAG 9.48 +1.3% KRN 0.300 +11.1% EON 0.020 −nan% EMO 0.420 −1.2% ERD 6.16 −1.4% NFG 2.37 +2.2% CLM 0.060 +0.0% GEMG 1.64 +0.0% STGO 1.56 +2.6% WEX 0.580 −3.3% NOBL 0.120 +9.1% LGO 1.00 −3.9% SSE 0.095 +0.0% AAZ 0.040 +0.0% MNRG 0.095 +11.8% RME 0.260 +30.0% NUAG 9.48 +1.3% KRN 0.300 +11.1% EON 0.020 −nan% EMO 0.420 −1.2%
Financings

Allied Critical Metals Announces $10 Million Strategic Non-Brokered Private Placement

ACM · Price

Executive Summary

  • Allied Critical Metals Inc. announced a non‑brokered private placement to raise up to $10 million by issuing 16,666,666 common shares at $0.60 per share.
  • Net proceeds are earmarked for ongoing exploration and development of the Borralha and Vila Verde Tungsten Projects in Portugal, as well as additional working capital.
  • The offering is subject to CSE approval and is expected to close on or about October 21, 2025, with potential finder cash commissions and warrants up to 7% of gross proceeds/shares issued.

Key Details

  • Offering Size: Up to $10,000,000 in gross proceeds.
  • Shares Offered: Up to 16,666,666 common shares at $0.60 per share.
  • Exemption Used: Listed Issuer Financing Exemption under NI 45‑106 (Part 5A).
  • Use of Proceeds:
  • Ongoing exploration and development of the Borralha Tungsten Project.
  • Exploration and development of the Vila Verde Tungsten Project.
  • Additional working capital requirements.
  • Closing Date: Expected on or about October 21, 2025, subject to CSE approval.
  • Finder Compensation:
  • Cash commission up to 7% of gross proceeds.
  • Finder warrants equal to up to 7% of the number of shares issued, exercisable at $0.60 per share for a period of 24 months from closing.
  • Regulatory Notes: Offering not an offer in the United States; securities not registered under the U.S. Securities Act of 1933.

Notable Quotes

  • “The proceeds will enable us to advance our critical tungsten projects in Portugal, positioning Allied as a key supplier of this strategic metal.”Roy Bonnell, CEO and Director.
Read the original news release →

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