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TinOne Announces Re-Pricing of Private Placement
Newsfileยท2025-07-30 18:13

Group 1 - TinOne Resources Inc. has adjusted the pricing of its non-brokered private placement, now offering up to 4,000,000 units at a revised price of $0.05 per unit, aiming for gross proceeds of up to $200,000 [1][2] - Each unit consists of one common share and one whole common share purchase warrant, with the warrant allowing the purchase of one common share at an exercise price of C$0.06 for five years [1] - The proceeds from the offering will be used to maintain the company and its tenements in good standing, as well as for general working capital purposes [3] Group 2 - The company may pay finder's fees of up to 6% in cash and up to 6% in finder's warrants to eligible finders in connection with the offering [2] - The closing of the offering is subject to necessary approvals, including that of the Board of Directors and the TSX Venture Exchange [2] - All securities issued will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with Canadian securities legislation [2] Group 3 - TinOne is a TSX Venture Exchange listed Canadian public company with a portfolio of tin projects in Tasmania, Australia, focusing on advancing its projects while evaluating additional opportunities [4]