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FinEx Metals Announces Non-Brokered Private Placement for Gross Proceeds of up to C$1,500,000
(TheNewswire) Vancouver, British Columbia, February 26, 2026 – TheNewswire - FinEx...
About this update from Finex Metals Ltd.
[{"type":"text","content":"FinEx Metals Announces Non-Brokered Private Placement for Gross Proceeds of up to C$1,500,000\n(TheNewswire)\n\n\nVancouver, British Columbia, February\n26, 2026 – TheNewswire\n- FinEx Metals Ltd. (TSX-V: FINX) (\"FinEx\" or the\n\"Company\") is pleased to announce that\nit proposes to undertake a non-brokered private placement (the\n“Offering”) to raise gross proceeds of up to $1,500,000 through\nthe sale of up to 12,500,000 units (each, a “Unit”) of the Company\nat a price of $0.12 per Unit.  Each Unit will comprise of one common\nshare and one-half of a share purchase warrant, with each whole\nwarrant exercisable into one further common share at a price of $0.18\nfor a term of 24 months.  All securities issued will be subject to a\nstatutory hold period of four months and one day.\n\n\nThe proceeds from the Offering will be used for\nexploration activities on the Company’s 100% owned projects in\nFinland and for general working capital. \n\n\nFinder’s fees may be paid in connection with the\nOffering in accordance with the policies of the TSX Venture Exchange\n(the “TSXV”). The Offering is subject to the approval of the TSXV.\n\n\n\nDirectors and officers of the Company may acquire\nsecurities under the Offering, which will be considered a\n\"related party transaction\" as defined under Multilateral\nInstrument 61-101 (\"MI 61 101\"). Such participation is\nexpected to be exempt from the formal valuation and minority\nshareholder approval requirements of MI 61-101.  \n\n\nThe offered securities have not been, nor will they be,\nregistered under the United States Securities Act of 1933, as amended\n(the \"Securities Act\") or any state securities laws and may\nnot be offered or sold to, or for the account or benefit of, any\nperson in the United States or any \"U.S person\", as such\nterm is defined in Regulation S under the Securities Act, absent\nregistration or an applicable exemption from registration\nrequirements.  Offers and sales in the United States will be limited\nto institutional accredited investors and qualified institutional\nbuyers.  This press release shall not constitute an offer to sell or\nthe solicitation of an offer to buy nor shall there be any sale of the\nsecurities in any state in which such offer, solicitation or ...