Not for distribution to U.S. news wire services or dissemination in the United States. LONDON, Ontario, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Abitibi Metals Corp. (CSE: AMQ) (OTCQB: AMQFF) (FSE: FW0) ("Abitibi" or the "Company") has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, as sole bookrunner, and Haywood Securities, as co-lead, (the “Underwriters”) to increase the size of the previously announced bought offering to 17,550,000 charity flow ...

Core Viewpoint - Metalero Mining Corp. is extending its price protection for a non-brokered private placement to December 9, 2025, to complete subscriptions for its Offering [1] Group 1: Offering Details - The Offering consists of up to 1,428,572 flow-through units priced at $0.21 per unit, each unit includes one flow-through common share and one common share purchase warrant [2] - Each warrant allows the holder to purchase an additional non flow-through common share at a price of $0.26 for two years from issuance [2] - The first tranche of the Offering closed on October 21, 2025, with the sale of 952,381 flow-through units [2] Group 2: Use of Proceeds - Proceeds from the Offering will be utilized to support the Fall 2025 exploration work at the Benson Project, including further sampling and ground geophysics [3] Group 3: Tax Implications - All flow-through shares offered qualify as "flow-through shares" under the Income Tax Act (Canada), and qualifying individuals under the BC Tax Act will have these expenditures qualify as "BC flow-through mining expenditures" [4] Group 4: Conditions and Approvals - The Offering is subject to conditions including necessary approvals from the TSX Venture Exchange, and all securities issued will have a hold period of four months and a day after the closing date [5] Group 5: Company Overview - Metalero Mining Corp. is a Canadian junior exploration company focused on copper and gold projects in North America, with its flagship Benson Project covering 166 square kilometers and hosting five prospects containing gold and copper [7]

Core Viewpoint - Nexcel Metals Corp. is conducting a non-brokered private placement to raise up to $3,500,000 through the issuance of flow-through (FT) and non-flow-through (NFT) units, aimed at funding exploration activities and general expenses [1][2]. Group 1: Private Placement Details - The private placement will consist of up to 1,190,476 FT Units priced at $0.42 each for gross proceeds of up to $500,000, and up to 8,571,428 NFT Units priced at $0.35 each for gross proceeds of up to $3,000,000 [9]. - Each FT Unit includes one flow-through common share and one warrant, allowing the purchase of a non-flow-through common share at $0.50 for 24 months [3]. - Each NFT Unit consists of one non-flow-through common share and one warrant, allowing the purchase of a non-flow-through common share at $0.45 for 24 months [4]. Group 2: Use of Proceeds - Gross proceeds from the FT Units will be allocated to Canadian exploration expenses on the Lac Ducharme Property in Quebec and the Burnt Hill Property in New Brunswick, qualifying as flow-through mining expenditures [5]. - Net proceeds from the NFT Units will be used for additional exploration work, general administrative expenses, and working capital [7]. Group 3: Regulatory and Approval Aspects - The private placement is not subject to a minimum aggregate offering amount, and there are no undisclosed material facts related to the company [2]. - The issuance of securities may exceed 100% of the current number of outstanding common shares, requiring shareholder approval, which has been obtained from shareholders holding over 50% of the outstanding shares as of November 7, 2025 [6]. Group 4: Closing and Hold Period - The closing of the private placement is anticipated around December 5, 2025, subject to customary conditions, with all securities issued being subject to a four-month and one-day statutory hold period from the closing date [8].

Core Points - GFG Resources Inc. has announced an increase in its private placement of premium flow-through units and flow-through shares to raise gross proceeds of up to C$4.23 million [1][2] Offering Details - The offering will consist of up to 11,880,188 Premium Units priced at C$0.2224 each and up to 8,550,129 FT Shares priced at C$0.185 each, with a maximum aggregate gross proceeds of C$4.23 million [2] - Each Premium Unit includes one common share and one-half of a share purchase warrant, with each whole warrant allowing the purchase of an additional common share at C$0.24 for 24 months [2] - The offering is expected to close on or about November 3, 2025, subject to necessary approvals, including from the TSX Venture Exchange [3] Regulatory Compliance - The FT Shares and Premium Units will be offered under the Listed Issuer Financing Exemption, meaning they will not be subject to a hold period under Canadian securities laws [4] - The company may pay finder's fees of up to 6% of the aggregate gross proceeds raised [3] Insider Participation - Certain insiders of the company are expected to participate in the offering, which will be considered a related party transaction [5] - The company intends to rely on exemptions from formal valuation and minority shareholder approval requirements for this participation [5] Company Overview - GFG Resources Inc. is focused on precious metals exploration, particularly in gold projects located in tier one mining jurisdictions [7] - The company operates three gold projects in the Timmins gold district of Ontario, Canada, which has produced over 70 million ounces of gold [7]

Core Points - Cascade Copper Corp. has successfully closed a non-brokered private placement of units, raising a total of $401,255 through three tranches [1][2][3] Offering Details - The offering included 2,875,000 Critical Minerals FT Units priced at $0.04 each and 8,178,713 Non-Flow-Through Units priced at $0.035 each, with each unit consisting of one common share and one-half common share purchase warrant [2] - Each full warrant is exercisable into a common share at a price of $0.07 for a period of 24 months from the closing date of each tranche [2] Regulatory Compliance - The offering was subject to necessary regulatory approvals, including acceptance from the Canadian Securities Exchange, and all securities issued are subject to a four-month hold period under Canadian securities laws [3] Insider Participation - The offering included participation from insiders, which is classified as a related party transaction. The company is relying on exemptions from valuation requirements and minority approval as the value of the units subscribed does not exceed 25% of the company's market capitalization [4] Use of Proceeds - Proceeds from the sale of FT Shares will primarily fund eligible Critical Mineral Canadian Exploration Expenses and exploration programs in Ontario and British Columbia, while proceeds from Non-Flow-Through shares will be allocated for general working capital [5] Future Plans - The company intends to renounce Qualifying Expenditures to subscribers of Flow-Through Units for the fiscal year ending December 31, 2025, and to incur necessary expenditures by December 31, 2026 [6] Company Overview - Cascade Copper is an exploration stage natural resource company focused on evaluating, acquiring, and exploring copper-based mineral resource properties, with a priority on modern exploration technologies [6] - The company has five projects, including the Copper Plateau Copper-Moly Project and the Centrefire Copper Project, with drilling planned for several copper projects this year [6]

Core Points - Red Canyon Resources Ltd. has completed a non-brokered charity flow-through private placement, issuing 8,525,295 Charity Flow Through Common Shares at a price of $0.272 per share, resulting in gross proceeds of $2,318,880 [1][2] - Teck Resources Limited acquired a 9.9% equity interest in Red Canyon through the purchase of 6,301,868 common shares at a back-end price of $0.17 per share, contributing $1,714,108 to the gross proceeds [2] - The proceeds from the Charity FT Offering will be used for eligible Canadian exploration expenses related to the Kendal project and other projects in British Columbia, with a deadline for expenditure by December 31, 2026 [4] Summary by Sections Charity FT Offering - The Charity FT Offering involved the issuance of 8,525,295 Charity FT Shares at $0.272 each, generating gross proceeds of $2,318,880 [1] - The offering was facilitated by PearTree Securities Inc., which did not receive any fees or commissions [5] Investment and Shareholder Participation - Teck Resources Limited's investment of $1,714,108 represents a 9.9% equity interest in Red Canyon, acquired through the Charity FT Offering [2] - Existing major shareholder Crescat Capital LLC also participated in the financing, maintaining its equity ownership [2] Tax Implications - Each Charity FT Share qualifies as a "flow-through share" under the Income Tax Act (Canada) [3] - The flow-through critical mineral mining expenditures will be eligible for a federal 30% investment tax credit for eligible individual investors, with an additional 20% tax credit for those in British Columbia [4] Future Rights and Agreements - An Investor Rights Agreement has been established with Teck, granting them the right to participate in future share issuances to maintain their equity ownership [6] Company Overview - Red Canyon Resources Ltd. is focused on mineral exploration in North America's top copper jurisdictions, with a portfolio of 100% owned copper and copper-gold porphyry exploration projects [7] - The company is part of the NewQuest Capital Group, which invests in mineral projects and companies [8]

Core Viewpoint - Emperor Metals Inc. has entered into an agreement with SCP Resource Finance LP to act as lead agent for a financing offering aimed at raising gross proceeds of up to $6,500,080 [1][2] Financing Details - The offering consists of up to 12,500,000 Common Units priced at $0.20 each for gross proceeds of up to $2,500,000 and up to 14,286,000 flow-through units priced at $0.28 each for gross proceeds of up to $4,000,080 [8] - The Agents have an option to increase the offering size by up to an additional 15% prior to closing [2] Use of Proceeds - Net proceeds from the offering will be utilized to advance the Duquesne West Project and Lac Pelletier Project in Quebec, along with general administrative expenses and working capital [10] Project Potential - The company has reported a Maiden Mineral Resource Estimate at the Duquesne West Property, effectively doubling the historical resource, indicating significant growth potential through targeted exploration [4][5] - Recent drilling results include 21.7 meters of 35.2 g/t Au and 10.8 meters of 15.8 g/t Au, highlighting the scale and quality of the deposit [5] Regulatory and Compliance - The Offered Securities will be available under the "listed issuer financing exemption" and may also be offered in the United States through private placements [6][10] - Closing of the offering is expected around October 7, 2025, subject to regulatory approvals [12] Company Overview - Emperor Metals Inc. is focused on high-grade gold exploration and development in Quebec's Southern Abitibi Greenstone Belt, utilizing AI-driven exploration techniques [13] - The company is led by experienced professionals with a strong track record in advancing mining projects [14]

Core Viewpoint - First Mining Gold Corp. has announced a public offering of up to 27,800,000 units at a price of $0.18 per unit, aiming for gross proceeds of up to $5,004,000, alongside a non-brokered private placement for additional funding [1][5]. Offering Details - The public offering will consist of units, each comprising one common share and one-half of a common share purchase warrant, with warrants priced at $0.27 per share, valid for 36 months [2][3]. - An over-allotment option allows agents to purchase an additional 15% of the units at the offering price, exercisable up to 48 hours before closing [4]. - The non-brokered private placement aims to raise up to $15,008,600 through 55,600,000 units and 22,730,000 flow-through units priced at $0.22 each [5][6]. Use of Proceeds - Proceeds from the offerings will be allocated to advancing the Springpole and Duparquet gold projects, as well as for general working capital [7]. - Funds from the flow-through units will be used for eligible Canadian exploration expenses related to the gold projects, with expenditures to be renounced by December 31, 2025 [7]. Timeline and Regulatory Approval - The public offering is expected to close around July 22, 2025, while the non-brokered offering is anticipated to close by August 5, 2025, pending Toronto Stock Exchange approval [8]. Company Overview - First Mining Gold Corp. is focused on developing two major gold projects in Canada: the Springpole Gold Project and the Duparquet Project, along with other gold project interests [12].

Core Viewpoint - Mustang Energy Corp. has successfully closed the initial tranche of a $3,000,000 non-brokered private placement, raising C$1,172,292.99 to fund its uranium exploration projects in the Athabasca Basin, Saskatchewan [1][3]. Group 1: Financial Details - The initial tranche consisted of NFT Units and FT Units, with each NFT Unit comprising one common share and one share purchase warrant, while each FT Unit consists of one flow-through share and one warrant [2]. - The warrants allow holders to purchase one non-flow-through share at a price of C$0.21 for a period of 36 months following the issuance [2]. - The company paid finder's fees totaling $79,875.46 in cash and issued 571,312 Finder's Warrants to Red Cloud Securities Inc. as the lead finder [5]. Group 2: Use of Proceeds - Proceeds from the initial tranche will be allocated to the exploration of uranium projects in the Athabasca Basin and for general working capital [3]. - The gross proceeds from the issuance of FT Shares will be used to incur Canadian exploration expenses and flow-through critical mineral mining expenditures, which will be renounced to purchasers by December 31, 2025 [3]. Group 3: Company Overview - Mustang Energy Corp. focuses on acquiring and developing high-potential uranium and critical mineral assets, holding 77,318 hectares in the Athabasca Basin [7]. - The flagship property, Ford Lake, covers 7,743 hectares in the eastern Athabasca Basin, with additional projects including Cigar Lake East and Roughrider South [7][8].

Group 1 - Brixton Metals Corporation announced a non-brokered private placement offering of 17,692,308 flow-through common shares at a price of $0.13 per share, aiming for gross proceeds of $2,300,000 [1][2] - The proceeds from the offering will be utilized for drilling at the Company's Thorn Project located in British Columbia [2] - The offering is subject to acceptance by the TSX Venture Exchange, and there may be finder’s fees payable to individuals who introduce subscribers to the offering [2] Group 2 - The securities issued in the offering will be subject to a hold period of four months and one day in accordance with Canadian securities laws [2] - The news release includes forward-looking statements regarding future business and financial performance, including potential mineral quantities and exploration plans [3] - The Company does not undertake to update any forward-looking information except as required by applicable securities laws [4]