Core Points - Bolt Metals Corp. successfully closed the first tranche of its non-brokered LIFE Offering, raising total gross proceeds of $430,000 [1][2] - The offering consisted of 2,150,000 units priced at $0.20 each, with each unit including one common share and one common share purchase warrant [2] - The warrants allow holders to acquire common shares at $0.40 each for a period of 24 months, exercisable 60 days after the closing date [2] - The net proceeds from the LIFE Offering will be used for general working capital and corporate purposes [3] - The company paid cash finder's fees of $19,800 and issued 94,500 broker warrants to Research Capital Corporation for services related to the offering [4] Company Overview - Bolt Metals Corp. is focused on the acquisition and exploration of mineral properties, particularly in precious and base metals, with an emphasis on drill-ready projects that have high upside potential [5]
Bolt Metals Closes First Tranche of LIFE Offering
Thenewswire·2025-11-19 23:35