Trailbreaker Files For Approval Of $3.5M Flow-Through Financing

Core Viewpoint - Trailbreaker Resources Ltd. is seeking Conditional Approval from the TSX Venture Exchange for a non-brokered charity flow-through private placement offering to raise up to $3.5 million for exploration projects [1]. Group 1: Offering Details - The offering includes up to 2,500,000 CMETC flow-through units priced at $0.56 per unit, aiming to raise up to $1.4 million for Critical Mineral Exploration Expenses [1]. - Each CMETC FT Unit consists of 1 common share and ½ of a common share purchase warrant, with full warrants exercisable at $0.50 for 24 months [1]. - Additionally, up to 4,200,000 flow-through units will be offered at $0.50 per unit to raise up to $2.1 million, with each FT Unit also consisting of 1 common share and ½ of a common share purchase warrant [1]. Group 2: Use of Proceeds - The proceeds from the sale of FT Units and CMETC FT Units will be used to incur eligible Canadian exploration expenses that qualify as flow-through mining expenditures, as defined in the Income Tax Act (Canada) [3]. - The company plans to renounce all qualifying expenditures in favor of the subscribers of the FT Units effective December 31, 2026 [3]. - The funds will advance the company's various exploration projects [4]. Group 3: Regulatory and Compliance - All FT Units and CMETC FT Units will be subject to a hold period of four months plus one day from closing [2]. - Finders fees in cash and warrants may be paid in accordance with Exchange policies [2].