Northwire Canada EditionTuesday, November 3, 2026
Northwire
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Gold 3,969.60 +1.8% Silver 50.89 +3.3% Copper 6.54 +0.9% Oil 96.46 −7.4% Palladium 962.50 −2.5% QRO 0.030 +0.0% PGC 0.030 +0.0% SASK 0.840 −2.3% GIGA 0.050 +0.0% WDO 26.12 +2.2% ERO 40.76 +0.2% BIRD 0.160 −13.5% ODV 3.20 −1.8% FVI 12.72 +3.1% SRI 0.015 + BTR 0.125 +4.2% NVO 0.065 +8.3% BTT 0.110 +4.8% MUX 19.55 +0.8% SCD 0.150 +0.0% PPX 0.220 +0.0% Gold 3,969.60 +1.8% Silver 50.89 +3.3% Copper 6.54 +0.9% Oil 96.46 −7.4% Palladium 962.50 −2.5% QRO 0.030 +0.0% PGC 0.030 +0.0% SASK 0.840 −2.3% GIGA 0.050 +0.0% WDO 26.12 +2.2% ERO 40.76 +0.2% BIRD 0.160 −13.5% ODV 3.20 −1.8% FVI 12.72 +3.1% SRI 0.015 + BTR 0.125 +4.2% NVO 0.065 +8.3% BTT 0.110 +4.8% MUX 19.55 +0.8% SCD 0.150 +0.0% PPX 0.220 +0.0%
Financings

Inflection Resources Announces Private Placement

AUCU · Price

Executive Summary

  • Inflection Resources Ltd. proposes a non‑brokered private placement of up to 10 million units at $0.25 per unit, targeting gross proceeds of up to $2.5 million.
  • Each unit consists of one common share and half of a warrant (full warrant exercisable for an additional share at $0.40 within 24 months).
  • Proceeds are earmarked for exploration drilling in New South Wales and the Northern Territory, Australia, and for general working capital.

Key Details

  • Offering Size: Up to 10,000,000 units @ $0.25 per unit → $2,500,000 gross proceeds.
  • Unit Composition:
  • 1 common share
  • ½ of a share purchase warrant (full warrant = right to buy 1 additional common share at $0.40).
  • Warrant Terms: Exercise price $0.40; term 24 months from issuance.
  • Statutory Hold Period: Four months and one day for all securities issued.
  • Use of Proceeds:
  • Exploration drilling on 100 % owned projects in New South Wales (NSW) and the Northern Territory (NT), Australia.
  • General working capital.
  • Finder’s Fees: May be paid per CSE policies; offering subject to CSE approval.
  • Related‑Party Participation: Directors/officers may acquire securities under the offering, treated as a “related party transaction” exempt from formal valuation and minority‑shareholder approval under MI 61‑101.
  • U.S. Offering Restrictions: Units not registered under U.S. securities laws; sales limited to accredited institutional investors and qualified institutional buyers outside the United States.

Notable Quotes

  • “The proposed private placement will provide essential capital to advance our exploration program in Australia, positioning Inflection for continued growth.” – Alistair Waddell, President & CEO.
Read the original news release →

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