Financings

Anteros Metals Announces Private Placement

By The Northwire Desk — AI Analysis Feb 23, 2026 · 07:31 ANT · 0.09 Anteros Metals Inc.

ANT · Price

Anteros Metals Inc. announced a non‑brokered private placement of up to 833,334 flow‑through units at $0.12 per unit and up to 1,111,111 hard‑dollar units at $0.09 per unit, targeting gross proceeds of up to $200,000.
Each Flow‑Through (FT) Unit includes one common share (flow‑through) and half a warrant; each Hard‑Dollar Unit includes one common share and half a warrant. Warrants allow purchase of common shares at $0.15 for 24 months, with an accelerated expiry provision if the share price exceeds $0.15 for ten consecutive trading days after four months plus one day.
Net proceeds will be used for general working capital; gross proceeds from FT Units are earmarked for Canadian exploration expenses that qualify as flow‑through critical mineral mining expenditures.

Units Offered:
Up to 833,334 FT Units at $0.12 per unit.
Up to 1,111,111 Hard‑Dollar Units at $0.09 per unit.
Aggregate Gross Proceeds Target: $200,000 (maximum).
Composition of Units:
FT Unit: 1 common share (flow‑through) + ½ whole common share purchase warrant.
Hard‑Dollar Unit: 1 common share + ½ whole common share purchase warrant.
Warrant Terms:
Exercise price: $0.15 per common share.
Term: 24 months from issuance, unless accelerated.
Acceleration clause: If the CSE (or other Canadian exchange) closing price exceeds $0.15 for ten consecutive trading days after four months + 1 day, the warrant term may be reduced to expire 30 business days after a press release announcing the reduction.
Holding Period: All securities subject to a four‑month plus one day hold period from issuance and applicable resale rules.
Closing Conditions: Subject to receipt of all required regulatory approvals, including CSE approval.
Use of Proceeds:
Net proceeds (both unit types): General working capital.
Gross proceeds from FT Units: To incur Canadian exploration expenses that qualify as flow‑through critical mineral mining expenditures under the Income Tax Act (Canada).
Regulatory Notices: The offering is not an offer or solicitation in the United States; securities are not registered under U.S. securities laws and may not be sold to U.S. persons without exemption or registration.

(No executive quotes were included in the release.)

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