Northwire Canada EditionSaturday, November 7, 2026
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Financings

Highland Critical Minerals Announces Non-Brokered Flow-Through Private Placement

HLND · Price

Executive Summary

  • Highland Critical Minerals Corp. announced a non‑brokered flow‑through private placement of up to 1,600,000 common shares for gross proceeds of up to C$400,000 at C$0.25 per share.
  • Proceeds will be used to incur eligible Canadian exploration expenses (flow‑through critical mineral mining expenditures) and will be renounced to shareholders by December 31, 2026.
  • The offering includes a finder’s fee cash commission of up to 7% of gross proceeds and is subject to a statutory four‑month plus one‑day hold period.

Key Details

  • Offering Size: Up to C$400,000 in aggregate gross proceeds.
  • Share Price: C$0.25 per flow‑through (FT) share.
  • Maximum Shares Issued: 1,600,000 FT shares.
  • Use of Proceeds: To incur eligible Canadian exploration expenses that qualify as “flow‑through critical mineral mining expenditures” (or, if unavailable, “flow‑through mining expenditures”).
  • Expenditure Timeline: Qualifying expenditures to be incurred on or before December 31, 2027; renunciation to subscribers effective December 31, 2026.
  • Finder’s Fees: Cash commission up to 7.0% of gross proceeds may be paid in connection with the offering, subject to applicable securities laws and CSE policies.
  • Hold Period: Statutory four‑month plus one‑day hold period applies to all securities issued under the offering.
  • Regulatory Disclaimer: The release does not constitute an offer or solicitation in the United States; shares are not registered under the U.S. Securities Act of 1933.

Notable Quotes

  • “We are pleased to launch this flow‑through private placement, which will provide the capital needed to advance our exploration programs while delivering tax‑efficient financing for our shareholders,” – Edward Yew, Chief Executive Officer.
Read the original news release →

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