Mink Ventures Launches $500,000 Non-Brokered Private Placement Financing With CMETC Flow-Through and Hard Dollar Units

Core Viewpoint - Mink Ventures Corporation announced a non-brokered private placement to raise up to $500,000 through the sale of hard dollar units and flow-through units, aimed at funding exploration projects and general working capital [1][5]. Group 1: Offering Details - The Offering will consist of hard dollar units (HD Units) priced at $0.10 each and flow-through units (FT Units) priced at $0.13 each [1]. - Each HD Unit includes one common share and one warrant, allowing the holder to purchase an additional common share at $0.20 for 36 months [2]. - Each FT Unit consists of one flow-through share and one warrant, with similar terms for the warrant as the HD Units [3]. Group 2: Use of Proceeds - The net proceeds from the Offering will be allocated to the exploration and advancement of the Montcalm nickel copper cobalt project and the Warren copper nickel project, as well as for general working capital [5]. Group 3: Regulatory and Closing Information - The Offering is subject to customary closing conditions, including approval from the TSX Venture Exchange, and may close in multiple tranches, with the first expected around October 15, 2025 [6]. - Securities issued will have a hold period of four months and one day and will not be sold in the United States [6]. Group 4: Company Overview - Mink Ventures Corporation is a Canadian mineral exploration company focused on critical minerals in Ontario, with a portfolio that includes the Montcalm and Warren projects [7]. - The Montcalm project covers approximately 100 km² and is adjacent to Glencore's former Montcalm Mine, which had historical production of 3.93 million tonnes of ore with grades of 1.25% Ni, 0.67% Cu, and 0.051% Co [7].