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Renforth Resources Issues Update
HIGHLIGHTS Financing $200,000 in flow through funds was raised in December The final closing(s) of non-flow through funds, pursuant to the terms previously anno
About this update from Renforth Resources Inc
[{"type":"text","content":"HIGHLIGHTS Financing $200,000 in flow through funds was raised in December The final closing(s) of non-flow through funds, pursuant to the terms previously announced, will occur on or prior to January 16 Victoria Polymetallic Deposit Assay results for platinum and palladium are awaited Permitting underway for drilling on the Victoria initial inferred polymetallic open pit deposit in Quebec, target is to have drills turning in February Annual General Meeting Held on December 15, all matters before the meeting passed PICKERING, Ontario – TheNewswire - January 5, 2026 - Renforth Resources Inc. (CSE: RFR) (OTC: RFHRF) (FSE: 9RR) (“Renforth” or the “Company”), is pleased to inform shareholders of the following corporate and exploration activities underway. Flow Through Financing Completed Renforth has raised $200,000 in flow through funds by the sale of shares priced at $0.02 per share, issued on a flow through basis. The use of proceeds of these funds is to drill on our Victoria polymetallic deposit near Malartic Quebec. It is anticipated that there will be at least one additional closing for the sale of common share units, the final closing will be on or before Jan. 16, 2026. Victoria Nickel Sulphide Polymetallic Open Pit Deposit Platinum & Palladium Assays - As previously announced, 99 witness core samples have been selected by Renforth's geologists and submitted for platinum and palladium analysis, with results expected this month. Samples selected were selected from lithologies and zones anticipated to contain Pt and Pd mineralization, as well as from lithologies expected to be unmineralized, allowing for the exclusion of unmineralized lithologies in the future. Previous testing of 16 samples has demonstrated that platinum and palladium are present within the mineralized ultramafic package. With this and future assaying these metals should be included in the next resource statement for Victoria. Renforth is permitting ~1000m of drilling on the Victoria deposit, anticipated to begin in February. The drillholes are designed to undercut and extend a previously drilled hole which was stopped in mineralization, as evidenced in the MRE deposit model. SUR-21-04 includes several intersections of note, one of which assayed 0.55% Cu over 10.5m from 182.7m – 193.2m, and containing a higher grade interval o...