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Strategic Resources Announces C$10 Million Non‑Brokered Private Placement
Strategic Resources Inc. (TSXV: SR) ("Strategic" or the "Company") announces that it has launched a non‑brokered private placement of units of the Company (the "Offering").
About this update from Spire Inc.
[{"type":"text","content":"MONTREAL, March 19, 2026 /CNW/ - Strategic Resources Inc. (TSXV: SR) ("Strategic" or the "Company") announces that it has launched a non‑brokered private placement of units of the Company (the "Offering").","length":240,"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/cnwgroup.com/5533420734c12131ed2dff6563fef76c"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/GZVXmc6EX0M4zOfuTrPGhA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIwMQ--/https://media.zenfs.com/en/cnwgroup.com/5533420734c12131ed2dff6563fef76c","width":400,"height":114}},"href":"https://mma.prnewswire.com/media/2937639/Strategic_Resources_Inc__Strategic_Resources_Announces_C_10_Mill.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Under the terms of the Offering, Strategic intends to issue up to 40,000,000 units of the Company (the "Units") at a price of C$0.25 per Unit for aggregate gross proceeds of up to C$10,000,000. Each Unit 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":541,"tagName":"p"},{"type":"text","content":"The Units will be offered by way of private placement to accredited investors and other eligible purchasers (i) in all provinces of Canada pursuant to applicable prospectus exemptions, (ii) in the United States on a private placement basis pursuant to exemptions from the registration requirements of the United States Securities Act of 1933, as amended, and (iii) in such offshore jurisdictions as may be agreed by the Company pursuant to available exemptions under applicable securities laws. Unless otherwise exempted, all securities issued under the Offering will be subject to a statutory hold period of four months and one day from the applicable closing date in accordance with Canadian securities legislation.","length"...