Black Mammoth receives $2.48M from warrant exercise

Executive Summary

• Black Mammoth Metals Corp. reported early exercise of 6,200,500 warrants generating $2,486,550 in cash proceeds.
• After the exercises, 340,500 warrants remain outstanding.
• Insiders exercised 4.66 million of the warrants, contributing $1,062,000 to the cash proceeds.

Key Details

• Warrants Exercised (Oct 1 2025 – today): 6,200,500 total.
• Cash Proceeds from Early Exercise: $2,486,550.
• Warrants Outstanding (as of today): 340,500.
• Insider Activity: Insiders exercised 4,660,000 warrants for cash proceeds of $1,062,000.
• Six‑Month Period Ending Sept 30 2025: Total warrant exercises amounted to 6,261,000.
• Reference to Financials: The release directs readers to the company’s interim financial statements ending September 30 2025 for additional context.

Notable Quotes

(No direct quotes were provided in the release.)