Badlands Resources upsizes private placement to C$3 million at C$0.27 per unit
Bitget2026/09/28 21:05Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Badlands Resources increased its non-brokered private placement to 11,111,111 units at $0.27 per unit, targeting gross proceeds up to $3 million.
- Each unit includes one common share, one non-transferable warrant exercisable at $0.45 for two years from issuance.
- Warrant expiry can be accelerated if TSXV shares close above $0.65 for five consecutive trading days following hold-period expiry.
- Net proceeds earmarked for debt reduction, property acquisitions, working capital, including the proposed Goliath property acquisition in northwestern Ontario.
- Closing expected in one or more tranches, subject to TSXV approval for the financing and the proposed Goliath acquisition.
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. Badlands Resources Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202609281705NEWSFILECNPR____20260928_316365_1) on September 28, 2026, and is solely responsible for the information contained therein.
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