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Atomic Minerals Announces Closing of Non-Brokered LIFE Offering and Concurrent Private Placement of $400,000
Vancouver, British Columbia--(Newsfile Corp. - December 30, 2025) - Atomic Minerals Corporation ...
About this update from Atomic Minerals Corporation
[{"type":"text","content":"Atomic Minerals Announces Closing of Non-Brokered LIFE Offering and Concurrent Private Placement of $400,000Vancouver, British Columbia--(Newsfile Corp. - December 30, 2025) - Atomic Minerals Corporation (TSXV: ATOM) (\"Atomic Minerals\" or the \"Company\") is pleased to announce that it has closed its non-brokered private placement under the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions (the \"Listed Issuer Financing Exemption\") of 1,028,234 flow-through common shares in the capital of the Company (\"FT Shares\") at a price of $0.125 per FT Share, for gross proceeds of $128,529 (the \"LIFE Offering\"). The Company also announces that it has closed its concurrent non-brokered private placement of 2,171,766 FT Shares at a price of $0.125 per FT Share, for gross proceeds of $271,471 (the \"Concurrent Private Placement\"). Each FT Share qualifies as a \"flow-through share\" as defined in s.66(15) of the Income Tax Act.The securities offered under the LIFE Offering are not subject to a hold period in accordance with applicable Canadian securities laws. The securities offered under the Concurrent Private Placement are subject to a statutory hold period in Canada ending on the date that is four months plus one day following the closing date of the Concurrent Private Placement.In connection with the LIFE Offering and the Concurrent Private Placement, the Company paid finder's fees in the total amount of $10,600 and issued 84,800 non-transferable warrants (the \"Finder Warrants\") in accordance with applicable securities laws and the policies of the TSX Venture Exchange (the \"TSXV\"). Each Finder Warrant is exercisable to acquire one common share in the capital of the Company at a price of $0.125 for a period of one year from the date of issue.The Company intends to use the net proceeds of the LIFE Offering and the Concurrent Private Placement to fund Canadian exploration expenses that qualify as \"flow-through mining expenditures\", as defined in subsection 127(9) of the Income Tax Act at its uranium project located in Saskatchewan. The LIFE Offering and the Concurrent Private Placement closing remains subject to certain closing conditions, including, without limitation, approval of the TSXV.The securities offered have not been and will not be registered under the United States ...