Transition Metals Corp Announces a $700,000 Private Placement
Newsfile·2025-09-22 11:02

Group 1 - Transition Metals Corp. intends to raise up to $700,000 through a non-brokered private placement of up to 9,333,333 Critical Flow Through Shares at a price of $0.075 per share [1] - The proceeds from the offering will be utilized to explore and advance critical minerals properties in Ontario and Yukon [3] - The offering is subject to necessary approvals, including that of the TSX Venture Exchange, and there is no assurance that it will be completed as proposed [3] Group 2 - A finder's fee may be paid, consisting of 6% cash and an additional 6% non-transferable share purchase warrants for CFT Shares sold to investors introduced by finders [2] - The Compensation Warrants will allow the finder to purchase one common share at a price of $0.12 for 18 months from closing [2] Group 3 - Transition Metals Corp. is a Canadian-based, multi-commodity explorer with a team of geoscientists experienced in discovering mineralization in unexplored areas [4]

Transition Metals Corp Announces a $700,000 Private Placement - Reportify