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Fitzroy Minerals Announces Non-Brokered Life Offering and Concurrent Private Placement for up to a Combined $13 Million
(TheNewswire) THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DI...
About this update from Fitzroy Minerals Inc
[{"type":"text","content":"Fitzroy Minerals Announces Non-Brokered Life Offering and Concurrent Private Placement for up to a Combined $13 Million\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n THIS NEWS RELEASE\nIS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION\nIN THE UNITED STATES\n \n\n\n\n VANCOUVER, BRITISH COLUMBIA –\n \n\n TheNewswire -\n \n\n June\n \n\n 24\n \n\n , 2025 – FITZROY\nMINERALS INC. (TSXV: FTZ, OTCQB: FTZFF) (“Fitzroy Minerals” or the\n\"Company\")\n \n\n is pleased to announce\n \n\n that it intends to complete a non-brokered\nlisted issuer financing exemption (LIFE) private placement (the\n“\n \n\n LIFE Offering\n \n\n ”) consisting of the issuance of common shares of the\nCompany (the “\n \n\n Shares\n \n\n ”) at a price of $0.30\n \n\n per Share, for aggregate gross proceeds to the Company of up\nto $12,000,000. The LIFE Offering is subject to a minimum offering\namount of $8,000,000.\n \n\n\n\n Subject to compliance with applicable regulatory\nrequirements, the LIFE Offering is being conducted pursuant to the\nlisted issuer financing exemption under Part 5A of National Instrument\n45-106 –\n \n\n Prospectus\nExemptions\n \n\n (“\n \n\n NI 45-106\n \n\n ”) and in\nreliance on the Coordinated Blanket Order 45-935 –\n \n\n Exemptions from Certain Conditions of the\nListed Issuer Financing Exemption\n \n\n . The\nsecurities issued to purchasers in the LIFE Offering will not be\nsubject to a hold period under applicable Canadian securities laws.\nThere is an offering document related to the LIFE Offering that can be\naccessed under the Company’s profile at www.sedarplus.ca and on the\nCompany’s website at www.fitzroyminerals.com. Prospective investors\nshould read this offering document before making an investment\ndecision.\n \n\n\n\n In addition to the LIFE Offering, the Company announces\na concurrent non-brokered private placement of up to $1,000,000\nthrough the issuance of up to 3,333,333 Shares at a price of $0.30 per\nShare (the “\n \n\n Concurrent\nOffering\n \n\n ” together with the LIFE Offering, the\n“\n \n\n Private\nPlacement\n \n\n ”) to purchasers pursuant to other\napplicable exemptions under NI 45-106. All securities issued ...