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Strategic Resources Announces Amendment to C$10 Million Non‑Brokered Private Placement
Strategic Resources Inc. (TSXV: SR) ("Strategic" or the "Company") announces an amendment to its C$10 million non-brokered private placement.
About this update from Spire Inc.
[{"type":"text","content":"MONTREAL, March 23, 2026 /CNW/ - Strategic Resources Inc. (TSXV: SR) ("Strategic" or the "Company") announces an amendment to its C$10 million non-brokered private placement.","length":199,"tagName":"p"},{"type":"image","alt":"Strategic Resources Inc. Logo (CNW Group/Strategic Resources Inc.)","displaySize":"","headline":null,"caption":"Strategic Resources Inc. Logo (CNW Group/Strategic Resources Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":114,"url":"https://media.zenfs.com/en/prnewswire.com/c1aada3bd51a9d79932fe9001732e7b1"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/vCouI4.IPIjfktLiP9YNDQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIwMQ--/https://media.zenfs.com/en/prnewswire.com/c1aada3bd51a9d79932fe9001732e7b1","width":400,"height":114}},"href":"https://mma.prnewswire.com/media/2940412/Strategic_Resources_Inc__Strategic_Resources_Announces_Amendment.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The Company intends to issue up to 40 million units (the "Units") for gross proceeds of C$10 million. Each Unit is priced at C$0.25 and will consist of one common share of the Company (a "Common Share") and one‑half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder to acquire one additional Common Share at an exercise price of C$0.40 for a period of 36 months from the closing date.","length":473,"tagName":"p"},{"type":"text","content":"Of the total of 40 million Units, the Company intends to issue up to 29,500,000 Units for aggregate gross proceeds of up to C$7,375,000 pursuant to the amendments to National Instrument 45-106 – Prospectus Exemptions set forth in Part 5A thereof (the "LIFE Offering"). The Warrants comprising the Units issued in connection with the LIFE Offering will not be exercisable prior to the expiration of a period of 60 days following the closing of the LIFE Offering.","length":471,"tagName":"p"},{"type":"text","content":"Concurrently with the LIFE Offering, the Company intends to issue up to 10,500,000 Units for aggregate gross proceeds of up to C$2,625,000 (the "Concurrent Offering" and together with the LIFE Offering, the "Offering").","length":239,"tagName":"p"},{"type":"text","content":"There is a...