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AFR NuVenture Resources Inc. Amends its Non-Brokered Private Placement
(TheNewswire) TORONTO, Ontario, February 9, 2026 – TheNewswire - AFR NuVentu...
About this update from Absolutely Critical Resources Corp.
[{"type":"text","content":"AFR NuVenture Resources Inc. Amends its Non-Brokered Private Placement\n(TheNewswire)\n\n\nTORONTO, Ontario, February 9, 2026 – TheNewswire\n- AFR NuVenture Resources Inc. (“AFR” or the “Company”)\n(TSXV: AFR), wishes to announce a change in the terms of the\nnon-brokered private placement announced on January 26, 2026.\nIt is increasing the price and amount of the\noffering and will now offer 7,500,000 Units of\nthe Company (the “Offering”) at a price of $0.02 per Unit for\ntotal gross proceeds of $150,000. Each Unit will consist of one common\nshare (each, a “Share”) and one share purchase warrant\n(each, a “Warrant”).  Each Warrant will entitle the\nholder to acquire one additional common share (each, a “Warrant Share”) in\nthe capital of the Company at an exercise price of $0.05 per Warrant\nShare for a period of five (5) years after the closing of the\nOffering.  \n\n\nThe Offering is subject to the receipt of all necessary\napprovals, including approval of the TSX Venture Exchange (the\n“TSXV”), as well as the satisfaction of other customary closing\nconditions. The proceeds derived from the sale of the shares will be\nexpended to pay the costs of a preliminary exploration programs on one\nor both of the Company’s projects as follows:\n\n\nMary Ann’s Lake Copper/Silver Project -\n$70,000.\n\n\nMassey Nickel/Copper Project - $25,000.\n\n\nWorking Capital: General Administrative Expenses and\nWorking Capital - $55,000.\n\n\n \n\n\nA portion of the Offering may be allocated to investors\nrelying on the “existing security holder”, “accredited\ninvestor”, or other exemptions available to AFR under National\nInstrument 45-106 – Prospectus Exemptions.\n\n\nIf a new Control Person’s is created as a result of\nthis Offering, shareholder approval may be required, however, no new\ncontrol person is expected to be created.\n\n\nCertain Insiders (as such term is defined under the\npolicies of the TSX Venture Exchange (the “Exchange”)) of the\nCompany may participate in the Offering. Any participation of Insiders\nin the Offering will constitute a “related party transaction”\nwithin the meaning of Multilateral Instru...