Core Viewpoint - Xcite Resources Inc. is conducting concurrent non-brokered private placements alongside its previously announced brokered offerings to raise additional gross proceeds for its operations [1][2]. Summary by Sections Brokered Offerings - The brokered offerings include a Listed Issuer Financing Exemption Offering (LIFE Offering) of up to 9,166,667 units at $0.12 per unit, aiming to raise up to $1,100,000 [2]. - Additionally, a flow-through share offering (FT Offering) of up to 18,125,000 shares at $0.16 per share is planned, targeting gross proceeds of up to $2,900,000 [2]. Non-Brokered Offerings - The non-brokered offerings will consist of up to 22,500,000 units at $0.12 per unit and up to 4,375,000 flow-through shares at $0.16 per share, mirroring the terms of the brokered offerings [5]. - Each non-brokered unit will include one common share and one-half of a common share purchase warrant, with the warrant allowing the purchase of an additional share at $0.20 [3][5]. Use of Proceeds - Net proceeds from the non-brokered unit offering will be allocated for general corporate purposes, while proceeds from the flow-through share offering will be used for eligible Canadian exploration expenses related to the Uranium City project portfolio [4]. Closing and Regulatory Approvals - The non-brokered offerings are expected to close around October 8, 2025, concurrently with the brokered offerings, potentially raising a total of $7,400,000 if maximum amounts are achieved [6]. - Completion of the offerings is subject to necessary regulatory approvals, including shareholder approval from those holding over 50% of the company's common shares [9]. Related Transactions - The company has entered into amending agreements with Eagle Plains Resources to postpone $1,200,000 in work commitments related to its uranium property portfolio [10]. - A promissory note valued at $100,000 was issued to the CEO, with proceeds intended for working capital and potential repayment from the offerings [11]. Company Overview - Xcite Resources is focused on the exploration and development of energy transition metals, particularly in the Athabasca basin, with a portfolio that includes several uranium properties [14].