Playfair Mining increases financing to $2.4-million

Executive Summary

• Playfair Mining Ltd. increased its previously announced post‑consolidation private placement to 40 million units, raising total proceeds to $2.4 million under the Listed Issuer Financing Exemption (LIFE).
• The increase reflects strong investor demand for the offering.
• The company references earlier news releases (Jan. 28 2026 and Jan. 30 2026) for full transaction details.

Key Details

• Private Placement Size: Expanded to 40 million units (previously lower).
• Total Gross Proceeds: $2.4 million CAD.
• Financing Structure: Post‑consolidation private placement conducted under the Listed Issuer Financing Exemption (LIFE).
• Reason for Increase: Strong demand from investors prompted the augmentation of the offering.
• Reference Documents: Earlier releases dated Jan. 28 2026 and Jan. 30 2026 contain detailed terms, pricing per unit, use‑of‑proceeds allocation, and any associated warrant or subscription rights.

Notable Quotes

(No direct quotes were provided in the release.)