Northwire Canada EditionTuesday, November 10, 2026
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Financings

Mogotes Announces Final Approval in Connection with Private Placement of Units

By The Northwire Desk — AI Analysis Mar 10, 2026 · 17:31 MOG · 0.42 Mogotes Metals Inc.
MOG · Price

Executive Summary

  • Mogotes Metals received final TSX Venture Exchange approval for its non‑brokered private placement of 86,792,425 units at $0.265 per unit, targeting gross proceeds of $22,999,992.62.
  • An initial tranche of $5,327,347.21 (20,103,197 units) has been released from escrow to the company on March 10, 2026.
  • In accordance with the investor rights agreement, Carmel Daniele was appointed to Mogotes’ board of directors.

Key Details

  • Offering size: 86,792,425 units at $0.265 per unit.
  • Aggregate gross proceeds target: $22,999,992.62.
  • Initial escrow release: $5,327,347.21 representing 20,103,197 units transferred to CD Capital Fund IV L.P. on March 10, 2026.
  • Board appointment: Carmel Daniele (Founder & CIO of CD Capital) appointed as a director pursuant to the investor rights agreement with CD Capital.
  • Investor background: CD Capital has raised ~US$1 billion across four private‑equity funds, focusing on minerals critical to data, green energy, and fertilizer sectors; projects span Peru, Argentina, Chile, Canada, Finland, Australia.
  • Qualified Person disclosure: Scientific and technical information for the Filo Sur project reviewed and approved by Stephen Nano, Director & Technical Advisor (NI 43‑101 Qualified Person).
  • Cautionary note: Information on adjacent properties (Filo del Sol) not verified; mineralization there is not indicative of Filo Sur.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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Financings Aug 12, 2026 · 10:29

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Financings