Germanium Mining Announces Up To $1.35M Non-Brokered Private Placement
Thenewswire·2026-03-20 21:00

Core Viewpoint - Germanium Mining Corp. is conducting a non-brokered private placement to raise up to $1,350,000 through the issuance of units and flow-through shares to fund exploration activities in Quebec [1][3]. Group 1: Offering Details - The Offering consists of up to 3,125,000 units priced at $0.24 each and up to 1,875,000 flow-through shares priced at $0.32 each [1]. - Each unit includes one common share and one warrant, allowing the purchase of an additional common share at $0.32 for 24 months [2]. - The proceeds from the flow-through shares will be allocated to eligible Canadian exploration expenses related to the Company's projects [3]. Group 2: Use of Proceeds - The net proceeds from the units will be used for general corporate and working capital purposes [3]. - All qualifying expenditures related to the flow-through shares will be renounced in favor of the subscribers effective December 31, 2026 [3]. Group 3: Regulatory and Corporate Information - The Offering is subject to corporate and regulatory approvals, and may involve a finder's fee to arm's length parties [4]. - Germanium Mining Corp. is focused on mineral exploration in top-tier mining jurisdictions across North America and is a member of the Nevada Mining Association [5].

Germanium Mining Announces Up To $1.35M Non-Brokered Private Placement - Reportify