Financings
Meta Critical Minerals Announces Private Placement With Strategic Advisory Support From Leading New York Investment Bank Revere Securities

MTTA · Price
Executive Summary
- Meta Critical Minerals Inc. announced a non‑brokered private placement of up to 30 million units at $0.20 per unit, targeting gross proceeds of up to $6 million.
- Each unit consists of one common share and one transferable warrant allowing purchase of an additional share at $0.30 for two years, with acceleration provisions if the share price reaches $0.45 for 10 consecutive trading days.
- Proceeds are earmarked for advancing projects, marketing activities, and general working capital.
Key Details
- Units Offered: Up to 30,000,000 units at $0.20 per unit.
- Gross Proceeds Target: Up to $6,000,000.
- Unit Composition: 1 common share + 1 transferable common‑share purchase warrant.
- Warrant Terms:
- Exercise price: $0.30 per common share.
- Exercise window: 2 years from closing of the offering.
- Acceleration right: If the company’s common shares close at ≥ $0.45 for 10 consecutive trading days, Meta may give written notice; warrants then expire 30 days after notice unless exercised.
- Hold Period: All securities subject to a four‑month hold period under Canadian securities law.
- Strategic Advisor: Revere Securities LLC (New York) acting as central strategic advisor for the offering.
- Use of Proceeds: Advance various project developments, marketing efforts, and general working capital.
- Finder’s Fees: Company may pay eligible finders in accordance with applicable securities laws and CSE policies.
- Regulatory Condition: Offering subject to acceptance by the Canadian Securities Exchange.
Notable Quotes
- Rana Vig, CEO and Director: “The private placement provides us with essential capital to accelerate our project pipeline and strengthen our balance sheet as we continue to build value in critical‑mineral assets.”
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Jun 16, 2026 · 07:00