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Irving Resources Announces Closing of Final 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 25, 2026 / Irving Resources Inc. (CSE:IRV)(OTCQX:IRVRF)(FSE:1IR) ("Irving" or the "Company") is pleased to ...
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 25, 2026 / Irving Resources Inc. (CSE:IRV)(OTCQX:IRVRF)(FSE:1IR) ("Irving" or the "Company") is pleased to announce the closing of the final tranche (the "Tranche 2") 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 $1,775,000 in Tranche 2 through the issuance of 7,100,000 units (each, a "Unit") at a price of $0.25 per Unit. In total, gross proceeds of $3,925,000 were raised under the Private Placement by the issuance of 15,700,000 Units. 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":1006,"tagName":"p"},{"type":"text","content":"The Company paid finders' fees totalling $51,600 and issued 86,400 units (each, a "Finder's Unit") in connection with Tranche 2. Each Finder's Unit consisted of one Share and one-half of one non-transferable Share purchase warrant (each whole Share purchase warrant, a "Finder's Warrant"), with each Finder's 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. All securities issued by the Company in Tranche 2 are subject to a hold period expiring on June 25, 2026.","length":590,"tagName":"p"},{"type":"text","content":"About Irving","length":12,"tagName":"p"},{"type":"text","content":"Irving 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":290,"tagName":"p"},{"type":"text","content":"Akiko Levinson,President, CEO & Director","length":45,"tagName":"p"},{"type":"text","content...