Business
Perseverance to Commence Trading on the TSXV & Satisfies Escrow Release Conditions
Vancouver, British Columbia--(Newsfile Corp. - October 8, 2025) - Perseverance Metals Inc. ("Perseverance" or the "Company") is pleased to announce that its common shares have been approved for listing on the TSX Venture Exchange (the "TSXV"). The common shares are expected to commence trading under the ticker symbol "PMI" as of market open on October 14, 2025.The Company has also received a receipt for its final long form prospectus (the "Final Prospectus"), which was filed with the securities.
About this update from Picard Medical, Inc.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - October 8, 2025) - Perseverance Metals Inc. ("Perseverance" or the "Company") is pleased to announce that its common shares have been approved for listing on the TSX Venture Exchange (the "TSXV"). The common shares are expected to commence trading under the ticker symbol "PMI" as of market open on October 14, 2025.","length":403,"tagName":"p"},{"type":"text","content":"The Company has also received a receipt for its final long form prospectus (the "Final Prospectus"), which was filed with the securities commissions in British Columbia, Alberta, Manitoba, Ontario, Nova Scotia, New Brunswick and Newfoundland and Labrador. The Final Prospectus qualifies the distribution of the common shares, warrants and finder warrants issuable upon the conversion of the subscription receipts issued under the Company's non-brokered private placement which closed on September 5, 2025 (the "Subscription Receipt Offering"). In connection with the Subscription Receipt Offering, the Company issued:","length":641,"tagName":"p"},{"type":"text","content":"a) 3,167,323 subscription receipts (the "HD Subscription Receipts") at a price of $0.60 per HD Subscription Receipt for gross proceeds of $1,900,394;","length":159,"tagName":"p","attribs":{}},{"type":"text","content":"b) 1,148,110 flow-through subscription receipts (the "FT Subscription Receipts") at a price of $0.65 per FT Subscription Receipt for gross proceeds of $746,271; and","length":174,"tagName":"p","attribs":{}},{"type":"text","content":"c) 586,666 flow-through subscription receipts (the "CFT Subscription Receipts") as part of a charity arrangement at a price of $0.92 per CFT Subscription Receipt for gross proceeds of $539,733.","length":203,"tagName":"p","attribs":{}},{"type":"text","content":"The aggregate gross proceeds of the Subscription Receipt Offering, being $3,186,398, have been held in escrow pending the Company's satisfaction of certain escrow release conditions, including the receipt for its Final Prospectus and TSXV approval for listing. The net proceeds from the Subscription Receipt Offering will be released to the Company upon the conversion of the subscription receipts. The net proceeds from the sale of the HD Subscription Receipts will ...