Canter Resources Announces Fully Subscribed $1,050,000 Non-Brokered Private Placement

Core Viewpoint - Canter Resources Corp. has announced a non-brokered private placement to raise up to $1,050,000 through the issuance of units priced at $0.20 each, aimed at advancing its lithium-boron projects in the U.S. [1][3] Group 1: Private Placement Details - The private placement will consist of up to 5,250,000 units, each unit comprising one common share and one-half of a transferable common share purchase warrant [1] - Each whole warrant will be exercisable to purchase one additional share at a price of $0.26 for two years from issuance [1] - The placement is arranged with strategic investors under 12-month lockup agreements [2] Group 2: Use of Proceeds - The net proceeds from the private placement will be utilized to advance the Columbus Lithium-Boron Project and the Railroad Valley Lithium-Boron Project, evaluate additional projects, and for general working capital [3] Group 3: Company Overview - Canter Resources Corp. is focused on lithium-boron exploration in the U.S., specifically advancing its Columbus and Railroad Valley projects in Nevada [4] - The company is employing a phased drilling approach to test brine targets for lithium-boron enrichment [4] - Canter aims to leverage its critical metals targeting database to develop a portfolio of high-quality projects supporting technology and clean energy supply chains in North America [4]