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Transition Metals Corp Upsizes Critical Flow Through Financing to $743,133
Newsfileยท2025-09-29 21:57

Core Viewpoint - Transition Metals Corp. has successfully upsized its non-brokered critical mineral flow-through private placement financing to a total of $743,133, driven by strong demand for the offering [1]. Group 1: Financing Details - The CFT Offering consists of 9,908,439 Critical Flow Through Shares priced at $0.075 each [1]. - A finder's fee may be paid, which includes 6% cash and 6% non-transferable share purchase warrants for CFT Shares sold to investors introduced by finders [2]. - The proceeds from the CFT Shares will be utilized to explore and advance critical minerals properties in Ontario and Yukon [3]. Group 2: Regulatory and Compliance Information - The completion of the CFT Offering is subject to necessary approvals, including from the TSX Venture Exchange [3]. - Certain officers and directors may participate in the private placement, which is considered a "related party transaction" but is exempt from certain requirements due to the value being less than $2,500,000 [4]. Group 3: Company Overview - Transition Metals Corp. is a Canadian-based multi-commodity explorer with a team of experienced geoscientists focused on discovering mineralization in underexplored areas [5].