Northwire Canada EditionWednesday, November 11, 2026
Northwire
⌕
Gold 3,993.70 −0.9% Silver 51.83 +1.2% Copper 6.27 +0.6% Oil 86.33 +0.3% Palladium 1,038.50 +1.7% TNR 0.405 +35.0% ORCL 0.030 +0.0% ELD 48.05 −4.7% OPW 0.140 −6.7% CDE 21.60 −0.5% AEM 265.83 −1.7% WDO 27.90 −1.5% BEA 0.090 +0.0% GAU 3.42 −3.8% BTO 7.38 −2.2% IMG 25.97 −1.4% BOL 0.055 −8.3% CNT 0.030 +0.0% EXN 0.245 −1.0% MNRG 0.075 +0.0% GSKR 2.78 −3.1% Gold 3,993.70 −0.9% Silver 51.83 +1.2% Copper 6.27 +0.6% Oil 86.33 +0.3% Palladium 1,038.50 +1.7% TNR 0.405 +35.0% ORCL 0.030 +0.0% ELD 48.05 −4.7% OPW 0.140 −6.7% CDE 21.60 −0.5% AEM 265.83 −1.7% WDO 27.90 −1.5% BEA 0.090 +0.0% GAU 3.42 −3.8% BTO 7.38 −2.2% IMG 25.97 −1.4% BOL 0.055 −8.3% CNT 0.030 +0.0% EXN 0.245 −1.0% MNRG 0.075 +0.0% GSKR 2.78 −3.1%
Financings

American Atomics Announces Private Placement

NUKE · Price

Executive Summary

  • American Atomics Inc. announced a non‑brokered private placement of up to 2,000,000 common shares at $0.25 per share, targeting gross proceeds of up to $500,000.
  • Net proceeds will be used to support the previously announced transaction with Big Indian Prospectors LLC, as well as working capital and general & administrative expenses.
  • Shares issued will be subject to a four‑month hold period; the company may also pay finder’s fees in accordance with CSE policies.

Key Details

  • Offering Size: Up to 2,000,000 common shares.
  • Price per Share: $0.25.
  • Gross Proceeds Target: Up to $500,000.
  • Use of Net Proceeds:
  • Fund the transaction with Big Indian Prospectors LLC (announced Oct 27 2025).
  • Provide working capital.
  • Cover general and administrative expenses.
  • Holding Period: Shares subject to a four‑month hold period plus one day from closing date, per securities law requirements.
  • Finder’s Fees: Company may pay finder’s fees in line with CSE policies.
  • Regulatory Notice: Offering not registered under U.S. securities laws; not for distribution to U.S. persons.

Notable Quotes

  • “We are pleased to announce this financing, which will enable us to move forward with our strategic transaction with Big Indian Prospectors and support ongoing operations.” – David Mitchell, CEO & Director.
Read the original news release →

More from American Atomics Inc