Northwire Canada EditionWednesday, November 11, 2026
Sign inSubscribe
Northwire
⌕
Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1% Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1%
Financings

Trinity One arranges $2-million private placement

By The Northwire Desk — AI Analysis Feb 12, 2026 · 21:56 TOM · 0.385 Trinity One Metals Ltd.
TOM · Price

Executive Summary

  • Trinity One Metals announced an upsized non‑brokered private placement, adding up to 10 million units at C$0.20 per unit for gross proceeds of up to $2 million, bringing total potential financing to $5.3 million when combined with the previously disclosed LIFE offering.
  • Each unit includes one common share and one warrant (exercise price C$0.30, exercisable for 36 months). Units are subject to a four‑month hold period and will not be free‑trading immediately.
  • Net proceeds will fund exploration, technical evaluation, project advancement across the company’s mineral asset portfolio, as well as general working capital and corporate purposes.

Key Details

  • Concurrent Offering: Up to 10 million units @ C$0.20 per unit → gross proceeds up to $2 million.
  • LIFE Offering (previously announced): Up to 16.5 million units @ price yielding gross proceeds up to $3.3 million.
  • Total Potential Gross Proceeds: Up to $5.3 million.
  • Unit Composition: 1 common share + 1 common share purchase warrant per unit.
  • Warrant Terms: Exercise price C$0.30 per share; exercisable for 36 months after closing date of the concurrent offering.
  • Hold Period: All securities issued in the concurrent offering subject to a four‑month hold period from issuance date.
  • Use of Proceeds:
  • Advance exploration, technical evaluation, and project advancement across mineral asset portfolio.
  • Verification & follow‑up on recently acquired properties.
  • Historical data verification, target generation, early‑stage field programs.
  • General working capital and corporate purposes.
  • Finder’s Fees: Up to 6 % of aggregate gross proceeds may be paid in cash; additional non‑transferable warrants equal to 6 % of units issued may be issued to finders’ subscribers.
  • Regulatory Documents: An amended and restated offering document for the LIFE offering will disclose the concurrent offering; available on SEDAR+ and company website.
  • TSX‑V Acceptance: Both offerings are subject to acceptance by the TSX Venture Exchange.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

More from Trinity One Metals Ltd.

Nov 06, 2026 · 06:01

Trinity One clears a $10 million option for its Chilean silver project, with terms matching those of the prior agreement.

M&A / Property Oct 19, 2026 · 07:55

Trinity One’s 55 g/t tailings data validates a small target rather than the broader vein system investors were anticipating.

Drill Results Oct 15, 2026 · 07:56

Trinity One selected a drilling contractor for a 700m program at Nueva Chanarcillo and signed an option for the El Nevado project.

Drill Results Oct 13, 2026 · 07:56

Trinity One expands its Chilean footprint with the El Nevado option in the Maricunga belt.

M&A / Property Oct 09, 2026 · 08:30

Trinity One’s Ecuador Silver-1 project faces legal headwinds as criminal probes and constitutional actions proceed.

Regulatory Aug 10, 2026 · 08:01

Trinity One options a historic Chilean silver district, adding to its portfolio while committing $10 million to the acquisition.

M&A / Property