Cullinan Metals Announces Financing
Thenewswire·2026-03-19 21:25

Group 1 - Cullinan Metals Corp. announces a non-brokered private placement of 2,500,000 common shares at a price of CAD$0.16 per share, aiming for gross proceeds of up to CAD$400,000, with an additional capacity of $240,000 at the company's discretion [1][2] - The shares will be subject to a 4-month hold period starting from the closing date, and net proceeds will be allocated for general administrative and working capital purposes [2] - The company may pay finders' fees to arms-length parties for introducing subscribers to the offering, and completion is subject to regulatory approvals, including from the Canadian Securities Exchange [2] Group 2 - Cullinan Metals Corp. is a Canadian mining and exploration company focused on evaluating and potentially developing energy metals, including copper, graphite, and lithium [3]

Cullinan Metals Announces Financing - Reportify