Business
C3 Metals Announces $20 Million Bought Deal Private Placement
Toronto, Ontario--(Newsfile Corp. - January 21, 2026) - C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) ("C3 Metals" or the "Company") is pleased to announce that it has entered into an agreement with Paradigm Capital Inc., as lead underwriter and on behalf of a syndicate of underwriters (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal private placement basis, 18,182,000 common shares of the Company ("Shares") at a price of $1.10 per...
About this update from C3 Metals Inc.
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - January 21, 2026) - C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) ("C3 Metals" or the "Company") is pleased to announce that it has entered into an agreement with Paradigm Capital Inc., as lead underwriter and on behalf of a syndicate of underwriters (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal private placement basis, 18,182,000 common shares of the Company ("Shares") at a price of $1.10 per Share (the "Issue Price") for gross proceeds to the Company of $20,000,200 ("Offering"). The Company has also granted the Underwriters an option to purchase up to an additional 2,728,000 Shares at the Issue Price for additional gross proceeds of up to $3,000,800, exercisable in whole or in part prior to the closing date of the Offering. Paradigm Capital Inc. will act as sole bookrunner for the Offering.","length":963,"tagName":"p"},{"type":"text","content":"The Company intends to use the net proceeds of the Offering for exploration and development activities at the Company's 100%-owned Khaleesi Copper-Gold project, for exploration and development activities at the Company's 50%-owned Super Block project, and general working capital purposes.","length":297,"tagName":"p"},{"type":"text","content":"The Offering is being made by way of private placement in the provinces of Canada. The Shares may also be offered in the United States pursuant to exemptions from the registration requirements of the United States Securities Act of 1933, as amended, and in such other jurisdictions as may be mutually agreed upon by the Underwriters and the Company. The securities issued under the Offering will be subject to a hold period expiring four months and one day after the closing date of the Offering.","length":496,"tagName":"p"},{"type":"text","content":"The Offering is expected to close on or about February 11, 2026, and is subject to certain closing conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the approval of the TSX Venture Exchange. A cash commission equal to 6.0% on the gross proceeds of the Offering shall be paid to the Underwriters, subject to the policies of the TSX Venture Exchange and applicable securities laws.","le...