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Atomic Minerals Announces Non-Brokered LIFE Offering and Concurrent Private Placement of up to $1.8M and Adoption of Shareholder Rights Plan
Vancouver, British Columbia--(Newsfile Corp. - November 19, 2025) - Atomic Minerals Corporation ...
About this update from Atomic Minerals Corporation
[{"type":"text","content":"Atomic Minerals Announces Non-Brokered LIFE Offering and Concurrent Private Placement of up to $1.8M and Adoption of Shareholder Rights PlanVancouver, British Columbia--(Newsfile Corp. - November 19, 2025) - Atomic Minerals Corporation (TSXV: ATOM) (\"Atomic Minerals\" or the \"Company\") is pleased to announce a non-brokered private placement pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions (the \"Listed Issuer Financing Exemption\") of up to 12,000,000 units (\"Units\") at a price of $0.05 per Unit, for gross proceeds of up to $600,000 (the \"LIFE Offering\"). The Company is concurrently completing a non-brokered private placement of up to 24,000,000 Units at a price of $0.05 per Unit, for gross proceeds of up to $1,200,000 (the \"Concurrent Private Placement\").Each Unit will consist of one common share in the capital of the Company (a \"Share\") and one-half of one common share purchase warrant (each whole warrant, a \"Warrant\"). Each Warrant will entitle the holder to acquire one Share at a price of $0.10 per Share for a period of 12 months from the date of issuance, provided that the Warrants issued under the LIFE Offering will not be exercisable for a period of 60 days after the date of issue.The LIFE Offering is available to purchasers' resident in Canada, except Québec, pursuant to the Listed Issuer Financing Exemption. The Concurrent Private Placement is available to purchasers' resident in Canada pursuant to other prospectus exemptions of NI 45-106. The securities offered under the LIFE Offering will not be subject to a hold period in accordance with applicable Canadian securities laws. The securities offered under the Concurrent Private Placement will be 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.There is an offering document related to the LIFE Offering that can be accessed under the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at: www.atomicminerals.ca. Prospective investors should read this offering document before making an investment decision. Clive Massey, President & CEO, commented: \"We continue to advance our Saskatchewan and U.S.-based uranium projects at a time when domestic uranium...