Core Viewpoint - VR Resources Limited has announced an upsize to its brokered private placement offering, now set to issue up to 17,187,500 units for gross proceeds of $2,750,000 [1][2] Offering Details - Each unit will be priced at $0.16 and will consist of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional common share at $0.20 for 36 months [2] - The offering is contingent upon a consolidation of shares at a ratio of ten pre-consolidation shares for one post-consolidation share, expected to reduce the outstanding shares from 133,443,467 to approximately 13,344,346 [3] - The offering is expected to close around January 16, 2026, subject to necessary approvals, including from the TSX Venture Exchange [5] Financial Arrangements - A commission of 8% of the cash proceeds will be paid to the lead agent, along with non-transferable broker warrants equal to 8% of the units issued [4] - The securities issued will have a hold period of four months and one day from the closing date [5] Company Overview - VR Resources is a junior exploration company based in Vancouver, focusing on copper, gold, and critical metals in Nevada and Ontario, utilizing modern exploration technologies [9] - The company evaluates and advances opportunities through its own projects and ongoing assessments of new opportunities [9] Lead Agent Information - Centurion One Capital acts as the lead agent for the offering, emphasizing its commitment to supporting visionary entrepreneurs with transformative capital and expertise [10]

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Jan. 09, 2026 (GLOBE NEWSWIRE) -- VR Resources Limited (“VR” or the “Company”, TSXV: VRR) announces that due to significant investor demand, it has increased the size of its previously announced brokered private placement offering (the “Offering”). Pursuant to the upsize, the Company will issue up to 9,375,000 units (the “Units) for aggregate gross proceeds of $1,500,000. Centurion ...