Business
Northisle Announces Total Financing of $115 million Including Wheaton Precious Metals Placement of $5 million and Update on Public Offering
VANCOUVER, British Columbia, March 04, 2026--Northisle is providing an update on its financing.
About this update from Northisle Copper And Gold Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":205,"url":"https://media.zenfs.com/en/business-wire.com/86b0886f23db4531c99439d2681e63ea"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Zto32HnL4GwNF4IlAPRGiA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQxMDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/86b0886f23db4531c99439d2681e63ea","width":480,"height":205}},"lazy":false},{"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":179,"tagName":"p","attribs":{}},{"type":"text","content":"VANCOUVER, British Columbia, March 04, 2026--(BUSINESS WIRE)--Northisle Copper and Gold Inc. (TSX-V: NCX) ("Northisle" or the "Company") is pleased to announce that concurrent to the "best efforts" offering announced on February 26, 2026 (the "Brokered Offering"), the Company will conduct a non-brokered private placement of 1,639,300 common shares of the Company ("Common Shares") at a price of $3.05 per Common Share (the "Issue Price") to raise $4,999,865 from Wheaton Precious Metals Corp. (the "Non-Brokered Offering" and together with the Brokered Offering, the "Offerings").","length":662,"tagName":"p"},{"type":"text","content":"In addition, the Company is pleased to announce that, in connection with the Brokered Offering, Paradigm Capital Inc. ("Paradigm") as lead agent and sole bookrunner on behalf of a syndicate of agents (collectively, the "Agents") has provided notice of exercise of the option granted to the Agents (the "Agents’ Option") to sell 2,229,700 additional Common Shares at the Issue Price for additional aggregate gross proceeds of $6,800,585. The Brokered Offering will be comprised of (i) up to 35,016,700 Common Shares (including the exercise of the Agents’ Option) offered by way of the Prospectus Supplement (as defined below) for gross proceeds of up to $106,800,935 (the "Brokered Public Offering") and (ii) up to 1,050,000 Common Shares offered on a private placement basis for gross proceeds of up to $3,202,500 ("Brokered Private Placement").","...