Financings
Meta Critical Minerals Announces Private Placement With Strategic Advisory Support From Leading New York Investment Bank Revere Securities

TROY · Price
Executive Summary
- Meta Critical Minerals Inc. announced a non‑brokered private placement of up to 30 million units at $0.20 per unit, targeting gross proceeds of up to $6 million.
- Each unit consists of one common share and one transferable warrant allowing purchase of an additional share at $0.30 for two years, with acceleration provisions if the share price reaches $0.45 for 10 consecutive trading days.
- Proceeds are earmarked to advance the company’s mineral projects, marketing activities, and general working capital.
Key Details
- Units Offered: Up to 30,000,000 units at $0.20 per unit.
- Gross Proceeds Target: $6,000,000 (subject to full subscription).
- Unit Composition: 1 common share + 1 transferable common‑share purchase warrant.
- Warrant Terms:
- Exercise price: $0.30 per share.
- Exercise period: 2 years from closing, subject to acceleration.
- Acceleration right: If the common share trades at ≥ $0.45 for 10 consecutive trading days, the company may give notice that warrants will expire 30 days after the notice date unless exercised.
- Finder’s Fees: Company may pay eligible finders in accordance with securities laws and CSE policies.
- Use of Proceeds: To fund project advancement, marketing efforts, and general working capital.
- Holding Period: All securities issued will be subject to a four‑month hold period under Canadian securities regulations.
- Regulatory Condition: Offering is subject to acceptance by the Canadian Securities Exchange (CSE).
- Strategic Advisor: Revere Securities LLC acting as central strategic advisor for the offering.
Notable Quotes
(No direct quotes included in the release.)
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