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

Oreterra Announces Further Over-Subscription and Upsizing of Non-Brokered Private Placement to $9 Million

By The Northwire Desk — AI Analysis Feb 18, 2026 · 07:31 OTMC · 0.475 Oreterra Metals Corp.
OTMC · Price

Executive Summary

  • Oreterra Metals Corp. announced an upsized non‑brokered private placement, increasing total gross proceeds to up to $9 million.
  • The offering consists of up to $4.5 M in hard‑dollar units at $0.45 each and up to $4.5 M in flow‑through units at $0.50 each, with closing expected on or before February 27, 2026.
  • Proceeds will be used for exploration at the Trek property, general working capital, and qualifying flow‑through expenditures under Canadian tax rules.

Key Details

  • Upsize Amount: Additional $1 M to previously announced private placement (total up to $9 M).
  • Units Offered:
  • Hard‑Dollar Units (HD Units): Up to $4.5 M; price $0.45 per unit. Each unit = 1 common share + 1 warrant to purchase an additional share at $0.60 (exercise period: 3 years).
  • Flow‑Through Units (FT Units): Up to $4.5 M; price $0.50 per unit. Each unit = 1 flow‑through share + 1 warrant to purchase an additional share at $0.60 (exercise period: 3 years).
  • Insider Allocation: Insiders may subscribe for up to 5 % of the total offering, exempt from MI 61‑101 valuation and minority shareholder approval limits.
  • Finder’s Fee: Up to 6 % of proceeds payable in cash or securities, subject to TSXV rules.
  • Use of Proceeds:
  • HD Units: Primarily for exploration at the Trek property and general working capital.
  • FT Units: Entire gross proceeds will be used for eligible Canadian exploration expenses that qualify as flow‑through critical mineral mining expenditures; these must be incurred by Dec 31 2027 and renounced to purchasers by Dec 31 2026.
  • Closing Conditions: Expected on or before Feb 27 2026, subject to regulatory approvals (including TSXV). All securities will have a hold period of four months and one day from the closing date.
  • Regulatory Disclaimers: Securities not registered under U.S. law; offering limited to jurisdictions where exemptions apply.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

More from Oreterra Metals Corp.

Oct 05, 2026 · 07:31

Oreterra’s pre-assay CEO letter recycles bornite visuals and delays root test results to 2027 without disclosing grades or widths.

Drill Results Sep 17, 2026 · 07:31

Oreterra completes Phase 1 drilling at the Trek South deposit with assays pending as shares test multi-month lows.

Drill Results Sep 01, 2026 · 07:31

Oreterra adds 43 claims and new porphyry targets to its Kinkaid project ahead of a 2026 drilling campaign.

Drill Results Aug 25, 2026 · 14:43

Visual bornite and chalcopyrite in TS26-06 provide a vectoring clue for Oreterra rather than representing a drill intercept.

Drill Results Aug 05, 2026 · 07:31

Oreterra begins maiden drilling at the Trek South deposit following the execution of a $9.7 million financing plan.

Drill Results Jul 16, 2026 · 07:31

Oreterra begins drilling camp construction at its Trek South project, confirming the start of its maiden program by late July 2026.

Drill Results