CORRECTION: Canoe Mining Ventures Corp. Announces $575,000 Non-Brokered Private Placement
Newsfile·2025-11-03 12:11

Core Viewpoint - Canoe Mining Ventures Corp. plans to conduct a non-brokered private placement to raise up to $575,000 through the issuance of 11,500,000 units at a price of $0.05 per unit [1][3]. Group 1: Offering Details - Each unit will consist of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at $0.08 until 36 months from issuance [2]. - The offering is subject to necessary corporate and regulatory approvals, including approval from the TSX Venture Exchange [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for acquiring and evaluating new mineral exploration properties, advancing existing projects, and for general working capital and corporate purposes [3]. Group 3: Company Overview - Canoe Mining Ventures Corp. is a Canadian mineral exploration company focused on identifying, acquiring, and advancing high-potential exploration assets across Canada, aiming to generate value through strategic property acquisitions and disciplined project development [6].