Financings
American Atomics Announces Private Placement

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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.
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Jun 01, 2026 · 09:04