Business
Fitzroy Minerals Announces Non-Brokered Life Offering And Concurrent Private Placement For Up To A Combined $26 Million
(TheNewswire)   VANCOUVER, BRITISH COLUMBIA, February 25, 2026 – TheNewswire ...
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 $26 Million\n(TheNewswire)\n\n\n\n\n \n\n\n\nVANCOUVER, BRITISH COLUMBIA, February\n25, 2026 – TheNewswire\n– FITZROY MINERALS INC.\n(TSXV: FTZ, OTCQX: FTZFF; FSE: C3Y) (“Fitzroy Minerals” or the\n\"Company\") is pleased to announce\nthat it intends to complete a non-brokered\nlisted issuer financing exemption (LIFE) private placement (the\n“LIFE Offering”) consisting of the issuance of common shares of the\nCompany (the “Shares”) at a price of $0.50 per Share, for aggregate gross proceeds to the Company of up\nto $10,000,000. The LIFE Offering is subject to a minimum offering\namount of $4,000,000.\n\n\n \n\n\nSubject 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 – Prospectus\nExemptions (“NI 45-106”) and in\nreliance on the Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the\nListed Issuer Financing Exemption. 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\nIn addition to the LIFE Offering, the Company announces\na concurrent non-brokered private placement of up to $16,000,000\nthrough the issuance of up to 32,000,000 units (the “Units”) at a price\nof $0.50 per Unit (the “Concurrent Offering” together with the LIFE\nOffering, the “Private\nPlacement”) to purchasers pursuant to other\napplicable exemptions under NI 45-106. Each Unit will be comprised of\none Share, and one-half of one Share purchase warrant (each whole\nwarrant, a “Warrant”). Each Warrant will entitle the\nholder thereof to purchase one additional Share at an exercise price\nof $0.80 per share for a period of two years following the date of\n...