Financings
Bronco Closes Second and Final Tranche of Financing

BRON · Price
Executive Summary
- Bronco Resources Corp. closed the non‑flow‑through “Final Tranche” of its financing on January 19, 2026, raising an additional $140,000 and bringing total proceeds to $340,000.08.
- The Final Tranche consisted of 2,800,000 units priced at $0.05 each; each unit includes one common share and half a non‑transferable warrant exercisable at $0.10 per share until January 19, 2028.
- Proceeds from the Final Tranche will be used for general working capital and administrative purposes, while proceeds from the earlier Flow‑Through tranche will fund eligible Canadian exploration expenses on the Placer Mountain Gold Project.
Key Details
- Total financing raised: $340,000.08 (combined flow‑through and non‑flow‑through).
- Final Tranche issuance: 2,800,000 NFT Units @ $0.05 per unit → gross proceeds of $140,000.
- NFT Unit composition: 1 common share + ½ non‑transferable warrant; warrants exercisable at $0.10/share until 19 Jan 2028.
- First (Flow‑Through) Tranche issuance: 3,636,365 FT Units @ $0.055 per unit → gross proceeds of $200,000.
- FT Unit composition: 1 flow‑through common share + ½ non‑transferable warrant; warrants exercisable at $0.10/share until 31 Dec 2027.
- Finder fees: $5,250 cash plus 97,727 finder warrants (72,727 exercisable until 31 Dec 2027; 25,000 until 19 Jan 2028).
- Holding periods: NFT securities subject to a statutory hold period until 20 May 2026; FT securities until 1 May 2026.
- Use of proceeds – NFT: General working capital and administrative purposes.
- Use of proceeds – FT: Eligible Canadian exploration expenses for the Placer Mountain Gold Project, renounced to subscribers effective 31 Dec 2025.
- Related party participation: Insider purchased 90,909 FT Units in the First Tranche; transaction deemed exempt from formal valuation and minority‑shareholder approval under MI 61‑101.
Notable Quotes
“Corbin Stewart, President and CEO” – signatory on behalf of the Board of Directors. (No additional narrative quotes provided.)
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May 28, 2026 · 07:31