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Enerev5 Metals Inc. Announces Upsize to its Non-Brokered Private Placement to $445,000 and Upsize to its Securities-for-Debt Transaction to $201,000
(TheNewswire) Toronto, Ontario – January 2 2 , 2026 – TheNewswire - Ene...
About this update from Enerev5 Metals Inc.
[{"type":"text","content":"Enerev5 Metals Inc. Announces Upsize to its Non-Brokered Private Placement to $445,000 and Upsize to its Securities-for-Debt Transaction to $201,000\n(TheNewswire)\n\n\nToronto, Ontario – January\n22, 2026 –\nTheNewswire - Enerev5 Metals Inc.\n(TSX-V: ENEV) (“Enerev5” or the “Company”) is announces that\nit is increasing the size of the non-brokered private placement (the\n“Offering”) and securities for debt transaction (the “Debt Settlement”) first announced January 19,\n2026. Pursuant to the amended terms of the Offering, the Company now\nintends to offer up to 44,500,000 units (the “Units”) at a price\nof $0.01 per Unit for gross proceeds of up to $445,000. Each Unit will\nconsist of one common share of the Company (the “Shares”) and one\nShare purchase warrant (the “Warrant”). Each Warrant will entitle the\nholder, to acquire one Share at an exercise price of $0.05 per Warrant\nfor a period of five years following the closing date of the Offering.\nThe proceeds of the Offering will be used for general corporate and\nworking capital purposes and project review and acquisition\ncosts.\n\n\n \n\n\nPursuant to the amended terms of the Debt Settlement,\nthe Company now intends to settle up to $200,920 in liabilities\nthrough the issuance of up to 20,092,000 Units at a price of $0.01 per\nUnit. Non-Arm’s Length Parties (as that term is defined in the\npolicies of the TSX Venture Exchange (the “Exchange”)) that\nparticipate in the Debt Settlement shall settle eligible debt through\nthe issuance of Shares at a price of $0.01 per Share.\n\n\n \n\n\nCompletion of the Debt Settlement will be subject to\ncustomary closing conditions, including the receipt of all necessary\napprovals including that of the Exchange. All securities issued and\nissuable will be subject to a statutory hold period of four months and\none day, in accordance with applicable Canadian securities laws. The\nCompany may pay a commission to eligible finders in connection with\nthe Offering and in compliance with applicable laws and subject to\nExchange approval.\n\n\n \n\n\nThis news release does not constitute an offer to sell\nor a solicitation of an offer to buy any of the securities described\nin this news release in...