salesforce(US:CRM) Thenewswire·2026-01-21 14:00Core Viewpoint - North Atlantic Titanium Corp. has successfully closed the final tranche of its upsized and oversubscribed non-brokered offering, raising a total of $1,250,000 to advance its Everett titanium project in Quebec and for general corporate purposes [1][2][4]. Fundraising Details - The offering consisted of 12,500,000 units at $0.06 per unit and 6,250,000 flow-through units at $0.08 per unit, with each unit including one common share and one warrant [2]. - The total gross proceeds from the offering are $1,250,000, which will be allocated for initial option payments, working capital, and exploration activities [2][4]. Use of Proceeds - Net proceeds from the sale of units will fund the initial option payment for the Everett titanium property, while proceeds from flow-through units will be used for surface exploration and metallurgical testing [4]. - The company plans to conduct diamond drilling at selected locations in the Everett oxide body upon permitting [4]. Insider Participation - Insiders subscribed for a total of 783,317 units, which is considered a related party transaction under Multilateral Instrument 61-101 [6]. - The company is relying on exemptions from certain requirements of MI 61-101 due to the participation not exceeding 25% of the market capitalization [6]. Finder's Fees and Advisory Fees - The company paid $24,963.20 in finder's fees and issued 416,053 finder's warrants as part of the final tranche [7]. - An advisory fee of $100,000 was paid to Research Capital Corp. through the issuance of 1,666,666 units on the same terms as the offering [8]. Company Overview - North Atlantic Titanium is focused on advancing the Everett titanium deposit in Quebec and holds interests in other projects, including the Sleeping Giant South project and potential agreements in China [13].