Business
Medaro Announces Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 27, 2026) - Medaro Mining Corp. (CSE: MEDA) (OTCID: MEDAF) (FSE: 1ZY) ("Medaro" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement of up to 3,333,333 units ("Units") at a price of $0.30 per Unit, and up to 657,894 flow-through units ("FT Units") at a price of $0.38 per FT Unit, for aggregate gross proceeds of up to $1,250,000 (the "Private Placement"). Each Unit is to be comprised of one...
About this update from Medaro Mining Corp.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - January 27, 2026) - Medaro Mining Corp. (CSE: MEDA) (OTCID: MEDAF) (FSE: 1ZY) ("Medaro" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement of up to 3,333,333 units ("Units") at a price of $0.30 per Unit, and up to 657,894 flow-through units ("FT Units") at a price of $0.38 per FT Unit, for aggregate gross proceeds of up to $1,250,000 (the "Private Placement").","length":511,"tagName":"p"},{"type":"text","content":"Each Unit is to be comprised of one common share and one common share purchase warrant (a "Warrant"), with each Warrant exercisable into one common share at a price of $0.45 per share for a period of 24 months from the date of issuance. Each FT Unit is to be comprised of one common share to be issued on a flow-through basis under the Income Tax Act (Canada) and one common share purchase warrant exercisable into one non flow-through common share at a price of $0.55 per share for a period of 24 months from the date of issuance.","length":541,"tagName":"p"},{"type":"text","content":"Proceeds from the sale of the Units are intended to be used for general working capital purposes, including to fund exploration work on the recently staked Sweden property and the Clay Howells REE property located in Ontario. Proceeds from the sale of the FT Units are intended to be used to incur "Canadian exploration expenses" as defined in the Income Tax Act (Canada).","length":382,"tagName":"p"},{"type":"text","content":"The Company may pay finder's fees in connection with the Private Placement. All securities to be issued under the Private Placement will be subject to a four month hold period in accordance with applicable Canadian securities laws and the policies of the Canadian Securities Exchange (the "CSE"). Completion of the Private Placement is subject to certain conditions including the receipt of all necessary approvals, including the approval of the CSE.","length":464,"tagName":"p"},{"type":"text","content":"The securities offered have not been, and will not be, registered under the United States Securities Act of 1933 (the "U.S. Securities Act") or any U.S. state securities laws, and may not be offered or sold in the United States or to, or f...