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Trinity One Metals Announces Non-Brokered LIFE Private Placement of up to C$3.3 Million
Vancouver, British Columbia--(Newsfile Corp. - February 12, 2026) - Trinity One Metals Ltd. (TSXV...
About this update from Trinity One Metals Ltd.
[{"type":"text","content":"Trinity One Metals Announces Non-Brokered LIFE Private Placement of up to C$3.3 MillionVancouver, British Columbia--(Newsfile Corp. - February 12, 2026) - Trinity One Metals Ltd. (TSXV: TOM) (FSE: 5D5) (the \"Company\") is pleased to announce a non-brokered private placement (the \"Offering\") for the sale of up to 16,500,000 units of the Company (the \"Units\") at a price of C$0.20 per Offered Unit for gross proceeds of up to C$3,300,000.Each Unit will consist of one common share of the Company (each, a \"Common Share\") and one common share purchase warrant (each, a \"Warrant\"). Each Warrant will entitle the holder to purchase one Common Share (each, a \"Warrant Share\") at an exercise price of C$0.30 per Warrant Share for a period of thirty-six (36) months following the closing date of the Offering (the \"Closing Date\"), provided that the Warrants may not be exercised for a period of sixty (60) days from the Closing Date.The Company intends to use the net proceeds of the Offering to advance exploration, technical evaluation, and project advancement activities across the Company's mineral asset portfolio, including verification and follow-up work on recently acquired properties, historical data verification, target generation, and early stage field programs, as well as for general working capital and corporate purposes.Listed Issuer Financing Exemption (LIFE)Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 – Prospectus Exemptions (\"NI 45-106\"), as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption, the Units will be offered for sale to purchasers resident in all of the provinces and territories of Canada, excluding Québec, pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the \"LIFE Exemption\"). The Common Shares and Warrant Shares underlying the Units are expected to be immediately freely tradeable under applicable Canadian securities legislation if sold to purchasers resident in Canada.There will be an offering document (the \"Offering Document\") related to the Offering that will be accessible under the Company's issuer profile on SEDAR+ at www.sedarplus.ca and on the Company's website at www.trinityonemetals.com. Prospective inves...