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Fuerte Announces $15,000,000 Private Placement of Flow-Through Common Shares
Fuerte Announces $15,000,000 Private Placement of Flow-Through Common Shares Canada NewsW...
About this update from Fuerte Metals Corporation
[{"type":"text","content":"\n\n\nFuerte Announces $15,000,000 Private Placement of Flow-Through Common Shares\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\nCanada NewsWire\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/\nVANCOUVER, BC, Dec. 2, 2025 /CNW/ - Fuerte Metals Corporation (TSXV: FMT) (OTCQB: FUEMF) (\"Fuerte\" or the \"Company\") is pleased to announce that it has entered into an agreement with Stifel Nicolaus Canada Inc. (\"Stifel Canada\") and BMO Nesbitt Burns (\"BMO\"),  to act as co-lead agents and joint bookrunners on their own behalf and on behalf of a syndicate of agents including National Bank Financial Inc., Desjardins Capital Markets and Ventum Financial Corp. (collectively, the \"Agents\") in connection with a \"best efforts\" private placement offering by the Company of securities for aggregate proceeds of up to C$15,000,000 (the \"Offering\").  The Offering will consist of:\nup to 952,380 flow-through common shares of the Company, each of which will qualify as a \"flow-through share\" (within the meaning of Income Tax Act (Canada) (the \"FT Shares\")) at a price of $5.25 per FT Share for aggregate gross proceeds of $5,000,000; andup to 1,655,620 special flow-through common shares of the Company, each of which will qualify as a \"flow-through share\" (within the meaning of the Income Tax Act (Canada) (the \"Special FT Shares\")) at a price of $6.04 per Special FT Share for aggregate gross proceeds of $10,000,000.The FT Shares and the Special FT Shares are collectively referred to as the Offered Securities.\nThe Company has granted the Agents an option to sell additional FT Shares of up to an additional 15% of the aggregate amount of the Offered Securities (the \"Over-Allotment Option\"), on the same terms and conditions. The Over-Allotment Option will be exercisable, in whole or in part, at any time up until 48 hours prior to the closing of the Offering.\nThe Offering is expected to close on or about December 18, 2025, and is subject to certain conditions including, ...