Northwire Canada EditionWednesday, November 11, 2026
Northwire
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Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1% Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1%
Financings

Nuvau Minerals amends private placement terms

NMC · Price

Executive Summary

  • Nuvau Minerals amends its previously announced best‑efforts brokered private placement, now proposing up to 5.56 million flow‑through (FT) common shares at C$0.90 per share for gross proceeds of up to $5 million.
  • The FT proceeds will be used to incur eligible Canadian exploration expenses, with at least 30 % qualifying as flow‑through critical mineral mining expenditures (FTCMME).
  • Closing of the unit offering is expected around Feb 24 2026; closing of the FT offering is expected around Mar 6 2026, with an agent option to raise an additional $5 million.

Key Details

  • Amended Offering Terms – Up to 5,555,555 FT common shares at C$0.90 per share (gross proceeds ≤ $5 M).
  • Use of Proceeds – To fund eligible Canadian exploration expenses; ≥30 % must qualify as FTCMME. Expenditures to be incurred by Dec 31 2027 and renounced to subscribers by Dec 31 2026.
  • Unit Offering (unchanged) – Up to 18.75 M units at C$0.80 per unit for gross proceeds ≤ $15 M (terms unchanged).
  • Related Party Transaction – A director will sell up to 400,000 common shares and subscribe for an equal number of FT shares; transaction relies on MI 61‑101 exemptions as fair market value ≤ 25 % of market cap.
  • Closing Dates – Unit offering expected to close ~Feb 24 2026; FT offering expected to close ~Mar 6 2026, subject to exchange approval and other conditions.
  • Hold Period – All securities issued are subject to a hold period expiring four months and one day from issuance.
  • Agent Option – Agents may, up to 48 hours before unit closing, offer additional units or FT shares at the same prices to raise up to an extra $5 M in gross proceeds.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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