Northwire Canada EditionThursday, November 12, 2026
Sign inSubscribe
Northwire
⌕
Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7% Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7%
Financings

Great Plains Metals Announces Private Placement

By The Northwire Desk — AI Analysis Feb 03, 2026 · 18:35 GPS · 0.2 Great Plains Metals Corp.
GPS · Price

Executive Summary

  • Great Plains Metals Corp. announced a non‑brokered private placement of up to 22,222,222 units at $0.18 per unit, targeting gross proceeds of up to $4 million.
  • Each unit consists of one common share and half of a warrant; the warrant allows purchase of an additional share at $0.28 within 24 months after closing.
  • Proceeds will be used to advance Australian resource projects and for general working capital; the company also granted 300,000 incentive stock options to an officer at $0.20 per share.

Key Details

  • Units Offered: Up to 22,222,222 units (each = 1 common share + ½ warrant).
  • Pricing: $0.18 per unit; total potential gross proceeds of up to $4,000,000.
  • Warrant Terms: Each whole warrant permits purchase of one common share at $0.28; exercisable any time up to 24 months after the closing date.
  • Finder’s Fees: Up to 5% cash fee may be paid on certain orders, subject to TSX Venture Exchange policy and securities laws.
  • Use of Proceeds: Advance resource projects in Australia and provide working capital.
  • Regulatory Conditions: Subject to TSX Venture Exchange approval; securities will have a four‑month hold period.
  • Incentive Stock Option Grant: 300,000 options granted to an officer; each option exercisable at $0.20 per share for five years from grant date; pending TSX Venture Exchange acceptance.

Notable Quotes

(No CEO/President quotes were included in the release.)

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