Business
Vanguard Mining Reports $2.54M From Warrant Exercises Following Acceleration Notice
Vancouver, BC – TheNewswire – March 12, 2026 – Vanguard Mining Corp. ("Vanguard" or the "Company") (CSE: UUU | OTCID: UUUFF | FSE: SL51) is pleased to announce
About this update from Uranium One Mining Corp.
[{"type":"text","content":"Vancouver, BC – TheNewswire – March 12, 2026 – Vanguard Mining Corp. (\"Vanguard\" or the \"Company\") (CSE: UUU | OTCID: UUUFF | FSE: SL51) is pleased to announce that, following the Company’s previously announced warrant expiry acceleration, holders exercised an aggregate of 9,768,000 common share purchase warrants (each, a “Warrant”) at an exercise price of $0.10 per common share (each, a “Share”) and 7,107,116 Warrants at an exercise price of $0.22 per Share, for total gross proceeds of $2,540,366 and resulting in the issuance of 16,875,116 Shares of the Company. Further to the Company’s news releases dated February 3, 2026, and February 24, 2026, the Company exercised its right to accelerate the expiry date of certain outstanding Warrants issued in connection with previously completed financings, in accordance with the terms of the applicable warrant certificates. The accelerated Warrants were issued in connection with the following financings: the non-brokered private placement completed on February 6, 2025; the LIFE offering completed on August 1, 2025; and the flow-through financing completed on August 27, 2025. Pursuant to the acceleration provisions of the Warrants, the Company provided notice to holders that the expiry date of the Warrants would be accelerated to 5:00 p.m. PDT (Vancouver time) on March 5, 2026. David Greenway, CEO of Vanguard Mining, commented, “We are very pleased to see strong participation from our shareholders following the warrant acceleration notice, generating more than $2.5 million in additional capital for the Company. With uranium prices remaining strong amid growing global demand for nuclear energy, and continued strength in copper and gold markets, we believe the timing of this capital injection is particularly advantageous. The proceeds further strengthen Vanguard’s balance sheet and position the Company to advance exploration across our portfolio of strategic mineral projects. We appreciate the continued support of our shareholders and believe this participation reflects growing confidence in Vanguard’s long-term strategy and the value potential of our global asset base.” Following the accelerated exercise period, 650,000 Warrants at an exercise price of $0.10 per Share and 817,466 Warrants at an exercise price of $0.22 per Share expired unexercised. Currently, 351,238 ...