Northwire Canada EditionTuesday, November 10, 2026
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Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.23 −1.7% Oil 86.04 −0.9% Palladium 1,020.80 −0.1% 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% SLG 6.24 −0.9% MSC 0.020 +0.0% Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.23 −1.7% Oil 86.04 −0.9% Palladium 1,020.80 −0.1% 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% SLG 6.24 −0.9% MSC 0.020 +0.0%
Financings

Great Plains Metals Closes Over Subscribed Private Placement

By The Northwire Desk — AI Analysis Feb 25, 2026 · 17:35 GPS · 0.21 Great Plains Metals Corp.
GPS · Price

Executive Summary

  • Great Plains Metals Corp. closed an oversubscribed private placement of 23,240,719 units at $0.18 per unit, generating gross proceeds of $4,183,329.42.
  • Each unit consists of one common share and half a warrant; warrants allow purchase of common shares at $0.28 until Feb 25 2028.
  • Net proceeds will be used to advance the company’s Australian resource projects and for working‑capital purposes.

Key Details

  • Units sold: 23,240,719 (each = 1 common share + ½ warrant)
  • Price per unit: $0.18
  • Gross proceeds: $4,183,329.42
  • Warrant exercise price: $0.28 per share, exercisable until Feb 25 2028
  • Use of proceeds: Advancement of Australian property portfolio (drill‑ready exploration) and general working capital
  • Finder’s fees paid: $39,949.98 to Haywood Securities Inc.; $9,000 to Canaccord Genuity Corp.
  • Hold period: Four months, expiring June 26 2026; subject to TSX Venture Exchange approval
  • Additional equity compensation: 2.225 million stock options granted to directors, officers and consultants at $0.21 per share, exercisable over five years (subject to regulatory approval)

Notable Quotes

“We are extremely pleased with the demand for the private placement. The offering was significantly oversubscribed.” – Aidan Bishop, CEO
“Our highly prospective Australian property portfolio has a clear focus on drill‑ready exploration opportunities… We look forward to providing updates in the near future on our exploration plans.” – Aidan Bishop, CEO

Read the original news release →

More from Great Plains Metals Corp.

Oct 27, 2026 · 03:05

Great Plains reports high-grade grab samples at the Eversley project, signaling a potential porphyry shift while drill catalysts remain distant.

Drill Results Oct 14, 2026 · 03:01

Great Plains launches a fully funded 1,000m drill campaign targeting the lateral expansion of the Goodrich porphyry discovery.

Drill Results Oct 05, 2026 · 03:05

Great Plains recycled unverified 1980s Goodrich intercepts to maintain interest in the project without disclosing new assay results.

Drill Results Jul 28, 2026 · 03:05

Great Plains reports wide low-grade intercepts with a short high-grade core on a discovery claim lacking disclosed true width or economic substance.

Drill Results Jul 14, 2026 · 03:05

Great Plains abandons the Everton project, as visual logging without assays provides no value.

Drill Results Jun 15, 2026 · 03:05

Great Plains Metals Completes the First Stage of the Farm-in at Yeoval Goodrich

Drill Results