Core Viewpoint - Total Metals Corp. has revised the terms of its non-brokered private placement to raise up to $10 million through the issuance of units priced at $0.60 each [1][2]. Group 1: Offering Details - The Offering will consist of up to 16,666,666 units, each unit comprising one common share and one common share purchase warrant [2]. - Each warrant will allow the purchase of an additional common share at a price of $0.90 per share for a period of 36 months from issuance [2]. - The Offering will be available to accredited investors under National Instrument 45-106 and other applicable exemptions [3]. Group 2: Company Overview - Total Metals Corp. focuses on the acquisition, exploration, and development of mineral properties in the Red Lake mining district of Northern Ontario, Canada [4]. - The company owns 100% of the Electrolode Project, which covers 3,000 contiguous hectares and has significant historical drilling and modern airborne geophysics [4]. - The Electrolode Project targets high-potential mineral resources in three favorable geologic trends and is strategically located near major mines [4]. - The project is fully permitted for exploration drilling and contains 10 historic mineralized zones with significant expansion potential [4].
TSX-V: TT Announces Updated Offering Terms