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High Tide Resources Announces Closing of Concurrent Non-Brokered Private Placements for Gross Proceeds of $8.3 Million
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES TORONTO, ON / ACCESS Newswire / March 23, 2026 / High Tide Resources ...
About this update from High Tide Resources Corp.
[{"type":"text","content":"NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES","length":180,"tagName":"p"},{"type":"text","content":"TORONTO, ON / ACCESS Newswire / March 23, 2026 / High Tide Resources Corp. ("High Tide Resources" or the "Company") (CSE:HTRC) is pleased to announce the closing of its previously announced concurrent non-brokered private placements for aggregate gross proceeds of $8,327,000 (the "Offerings").","length":324,"tagName":"p"},{"type":"text","content":"The Offerings were comprised of the sale of (i) 7,500,000 units of the Company (the "LIFE HD Units") at a price of $0.20 per LIFE HD Unit, (ii) 22,500,000 charity flow-through units of the Company (the "CFT Units", and together with the LIFE HD Units, the "LIFE Offered Securities") at a price of $0.27 per CFT Unit for aggregate gross proceeds of $7,575,000 (the sale of the LIFE HD Units and CFT Units, is referred to as the "LIFE Offering"), and (iii) 3,760,000 units of the Company (the "Non-LIFE Units", together with the LIFE HD Units, the CFT Units, the "Units") at a price of $0.20 per Non-LIFE Unit for gross proceeds of $752,000.","length":699,"tagName":"p"},{"type":"text","content":"Each LIFE HD Unit consists of one common share of the Company (a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to acquire one Common Share (a "Warrant Share") at an exercise price of $0.30 per Warrant Share for a period of 24 months from the date of issuance. Each CFT Unit consists of one Common Share to be issued as a "flow-through share" within the meaning of subsection 66(15) of the Income Tax Act (Canada) (a "CFT Share") and one-half of one Warrant. Each Non-LIFE Unit consists of one Common Share and one half of one Warrant.","length":672,"tagName":"p"},{"type":"text","content":"The LIFE Offered Securities were offered pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions ("NI 45-106"), as modified by Coordinated Blanket Order 45-935 -Exemptions From Certain Conditions of ...