Business
Beyond Minerals Completes LIFE Offering
Winnipeg, Manitoba--(Newsfile Corp. - May 11, 2026) - Beyond Minerals Inc. (CSE: BY) (OTCQB: BYDMF) (the "Company" or "Beyond") is pleased to announce that it has completed a non-brokered private placement of 4,040,000 units of Company (the "Units") at a price of $0.05 per Unit for aggregate gross proceeds of $202,000 (the "Offering"). Each Unit consists of one common share of the Company (a "Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"), with each..
About this update from Beyond Minerals Inc
[{"type":"text","content":"Winnipeg, Manitoba--(Newsfile Corp. - May 11, 2026) - Beyond Minerals Inc. (CSE: BY) (OTCQB: BYDMF) (the "Company" or "Beyond") is pleased to announce that it has completed a non-brokered private placement of 4,040,000 units of Company (the "Units") at a price of $0.05 per Unit for aggregate gross proceeds of $202,000 (the "Offering"). Each Unit consists of one common share of the Company (a "Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"), with each Warrant entitling the holder thereof to purchase one Share at price of $0.10 per Share for a period of 24 months following the date of issuance.","length":713,"tagName":"p"},{"type":"text","content":"The Units were issued to purchasers pursuant to the listed issuer financing exemption (the "LIFE" or "LIFE Exemption") under Part 5A.2 of National Instrument 45-106 - Prospectus Exemptions in all provinces of Canada, except Quebec.","length":251,"tagName":"p"},{"type":"text","content":"There is an amended and restated offering document (the "Offering Document") related to the Offering that can be accessed under the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at www.beyondminerals.ca.","length":252,"tagName":"p"},{"type":"text","content":"In connection with the Offering, the Company paid an eligible third party dealing at arm's length with the Company (the "Finder"): (i) a cash commission totaling $11,620, representing 7.0% of the proceeds raised from subscribers introduced to the Company by such Finder; and (ii) an aggregate of 232,400 non-transferable broker warrants (the "Broker Warrants"), representing 7.0% of the number of Units sold to such subscribers, each exercisable to acquire one common share of the Company for 24 months from the date of issuance at exercise price of $0.05 per share.","length":590,"tagName":"p"},{"type":"text","content":"The Company plans to use the net proceeds from the Offering for general working capital purposes, exploration activities and expenditures on its Rare One project, marketing and advertising, and as otherwise described in the Offering Document.","length":242,"tagName":"p"},{"type":"text","content":"The Units issued under the Offering are no...