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Irving Resources Announces Closing of First Tranche of Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESS Newswire / February 12, 2026 / Irving Resources Inc. (CSE:IRV)(OTCQX:IRVRF)(FSE:1IR) ("Irving" or the "Company") is pleased to ...

articleIrving Resources, Inc.February 12, 20262/company/irving-resources-inc/news/irving-resources-announces-closing-first-231000546
Irving Resources Announces Closing of First Tranche of Non-Brokered Private Placement

About this update from Irving Resources, Inc.

[{"type":"text","content":"NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES","length":97,"tagName":"p"},{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / February 12, 2026 / Irving Resources Inc. (CSE:IRV)(OTCQX:IRVRF)(FSE:1IR) ("Irving" or the "Company") is pleased to announce the closing of the first tranche (the "Tranche 1") of its non-brokered private placement (the "Private Placement") announced in the Company's news releases of January 22 and 26, 2026. The Company raised gross proceeds of $2,150,000 in Tranche 1 through the issuance of 8,600,000 units (each, a "Unit") at a price of $0.25 per Unit. Each Unit consisted of one common share of the Company (each, a "Share") and one-half of one transferrable Share purchase warrant (each whole Share purchase warrant, a "Warrant"), with each Warrant entitling the holder to purchase one Share for a period of three years from the date of issuance at a price of $0.35 per Share.","length":890,"tagName":"p"},{"type":"text","content":"Two directors of the Company (including the president and chief executive officer) subscribed for a total of 1,600,000 Units under Tranche 1 for gross proceeds of $400,000. Finders' fees totalling $9,600 were paid in connection with Tranche 1. All securities issued by the Company in Tranche 1 are subject to a hold period expiring on June 12, 2026.","length":353,"tagName":"p"},{"type":"text","content":"The remainder of the Private Placement is expected to close in a second tranche before the end of this month.","length":109,"tagName":"p"},{"type":"text","content":"About IrvingIrving is a junior exploration company with a focus on gold in Japan. Irving resulted from completion of a plan of arrangement involving Irving, Gold Canyon Resources Inc. and First Mining Finance Corp. Additional information can be found on the Company's website: www.IRVresources.com.","length":303,"tagName":"p"},{"type":"text","content":"Akiko Levinson,President, CEO & Director","length":45,"tagName":"p"},{"type":"text","content":"For further information, please contact:","length":40,"tagName":"p"},{"type":"text","content":"Tel: (604) 682-3234 Toll free: 1 (888) 242-3234 Fax: (604) [email protected]","length":89,"tagName":"p"},{"type":"text","content":"Thi...

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