1844 Resources closes C$947,650 private placement
Reuters2026/09/11 23:36Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- 1844 Resources closed the second and final tranche of a non-brokered private placement, lifting total gross proceeds to CAD 947,650.
- Second tranche raised CAD 325,550 from 6,500,000 Hard Dollar Units at CAD 0.03, 3,730,000 Flow-Through Units at CAD 0.035.
- Across both tranches, issued 18,220,000 Flow-Through Units for CAD 637,700, 10,331,666 Hard Dollar Units for CAD 309,950.
- Units include half-warrants; each whole warrant exercisable at CAD 0.05 for 24 months from issuance.
- Flow-through proceeds earmarked for Canadian exploration, including a 3,000-meter diamond drilling program at the Sullipek East copper project in Québec.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 1844 Resources Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202609111935NEWSFILECNPR____20260911_314056_1) on September 11, 2026, and is solely responsible for the information contained therein.
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