Northwire Canada EditionMonday, September 14, 2026
Northwire
GOLD 4408.90 +0.0% SILVER 65.19 +0.4% COPPER 6.55 +0.0% OIL 100.05 −2.4% PALLADIUM 1323.90 +2.3% PGZ 0.170 +3.0% TMQ 4.55 −1.3% SLI 3.08 −1.0% ROX 0.050 −9.1% USHA 0.045 +0.0% ALGR 0.710 +2.9% MINE 0.120 −4.0% KC 0.330 +4.8% EMO 0.335 +0.0% CCM 0.700 +4.5% MAI 5.97 −0.7% PPM 0.015 +0.0% CRE 0.370 +10.4% MNO 1.87 +0.5% FEO 0.810 +3.9% LBNK 0.680 −4.2% GOLD 4408.90 +0.0% SILVER 65.19 +0.4% COPPER 6.55 +0.0% OIL 100.05 −2.4% PALLADIUM 1323.90 +2.3% PGZ 0.170 +3.0% TMQ 4.55 −1.3% SLI 3.08 −1.0% ROX 0.050 −9.1% USHA 0.045 +0.0% ALGR 0.710 +2.9% MINE 0.120 −4.0% KC 0.330 +4.8% EMO 0.335 +0.0% CCM 0.700 +4.5% MAI 5.97 −0.7% PPM 0.015 +0.0% CRE 0.370 +10.4% MNO 1.87 +0.5% FEO 0.810 +3.9% LBNK 0.680 −4.2%
Financings Routine +

Inzinc Mining closes $1.04-million private placement

Inzinc Mining Secures Funding for Drilling Program as CEO Bets on Upside

Executive Summary
  • Inzinc Mining Ltd. closed a non-brokered private placement raising aggregate gross proceeds of $1,047,000.
  • The offering consisted of flow-through shares at $0.08 and non-flow-through units at $0.05.
  • Proceeds are designated to fund the 2026 diamond drilling program at the Indy Project in British Columbia.
  • Drilling is expected to commence mid-May 2026, targeting SEDEX zinc discoveries with lead, silver, and gallium.
  • CEO Wayne Hubert acquired 5,000,000 units at $0.05 per unit ($250,000 total investment).
  • Insider acquisition increased beneficial ownership from approximately 9.95% to 12.27% on a non-diluted basis.
  • Warrants attached to the financing and insider purchase have an exercise price of $0.10 and expire April 2028.
Material Impact
  • The financing closing was announced in March 2026; therefore, the closure is largely expected information rather than a surprise catalyst.
  • Insider buying by the CEO at a discount to market ($0.05 vs $0.07) signals strong management confidence but does not alter the fundamental geological thesis established in November 2025.
  • The capital raise de-risks immediate operations, ensuring the drilling program proceeds as planned, which is critical for an exploration-stage company with limited working capital.
  • Given the stock has already appreciated from $0.02 to $0.07 over the past year based on prior high-grade intercepts, this news sustains momentum rather than initiating a new valuation regime.
  • The dilution impact of 17.36 million securities issued (shares + warrants) is material relative to the small market cap but necessary for project advancement.
IZN · Price
Company Overview
  • Flagship Project: Indy Sedex Project located in central British Columbia (90 km SE of Prince George).
  • Tenure: 200 km² covering a 30 km strike length with road, rail, power, port, and smelter access.
  • Mineralization: Zinc-Lead-Silver-Barite system analogous to the Selwyn Basin; potential for critical minerals like gallium and indium royalties.
  • Status: Exploration stage; Phase 1 and Phase 2 drilling completed in 2025 with results extending B-9 zone strike length to >1,000 meters.
  • Infrastructure: Premium location reduces future development costs compared to remote jurisdictions.
Read the original news release →

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