- network metals (OTCQB:MSMGF) A is launched Private placement without a broker For up to C$4.03 million in gross proceeds.
- The financing includes common shares for a strategic investor and institutional shareholder, and flow-through shares for charitable buyers.
- First tranche: 14 million common shares at CAD 0.12 per share to raise CAD 1.68 million.
- Second Tranche: Up to 7.06 million common shares at C$0.12 per share and 7.58 million CFT shares at C$0.198 per share, up to C$2.35 million.
- Proceeds will support exploration at the Falcon West Cesium property and other Manitoba assets.
- The tranche is expected to close on October 15 and 30, 2025.
More about Grid Metals
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