Core Viewpoint - Inflection Resources Ltd. plans to raise up to $2,500,000 through a non-brokered private placement by selling up to 10,000,000 units at a price of $0.25 per unit, with proceeds aimed at exploration drilling and general working capital [1][2]. Group 1: Offering Details - The Offering will consist of units, each comprising one common share and one-half of a share purchase warrant, with each whole warrant exercisable into one further common share at a price of $0.40 for a term of 24 months [1]. - All securities issued will be subject to a statutory hold period of four months and one day [1]. - Finder's fees may be paid in connection with the Offering in accordance with CSE policies, and the Offering is subject to CSE approval [3]. Group 2: Related Party Transactions - Directors and officers of the Company may participate in the Offering, which will be considered a "related party transaction" and is expected to be exempt from formal valuation and minority shareholder approval requirements [4]. Group 3: Company Overview - Inflection Resources Ltd. is a gold-copper focused mineral exploration company with projects in New South Wales and the Northern Territory, Australia, listed on multiple exchanges [6]. - The company is part of the NewQuest Capital Group, which focuses on early-stage mineral exploration projects globally [7].
Inflection Resources Announces Private Placement
Thenewswire·2026-02-25 11:30