North Valley Resources Expands Previously Announced Private Placement to $1.7 Million with Addition of Critical Mineral Flow-Through Shares

About this update from North Valley Resources Ltd.

Kamloops, British Columbia--(Newsfile Corp. - July 9, 2026) - North Valley Resources Ltd. (CSE: NVR) ("North Valley" or the "Company") is pleased to announce that it has amended the terms of its previously announced non-brokered private placement (the "Offering") to increase the maximum aggregate gross proceeds to $1.7 million through the addition of up to 1,176,471 critical mineral flow-through common shares of the Company (the "FT Shares") at a price of $0.17 per FT Share. All other terms of the Offering remain unchanged. The Offering will now include any combination of: All Warrants issued in connection with the Offering will be subject to an acceleration provision whereby, if the closing price of the Company's common shares equals or exceeds $0.35 for ten (10) consecutive trading days, the Company may accelerate the expiry date of the Warrants to a date that is 30 days following notice to the holders thereof. All FT Shares, Special FT Units and Special FT Unit Warrants offered in connection with this Offering qualify as a "flow-through share" within the meaning of the Income Tax Act (Canada) (the "Tax Act"). Each whole Special FT Unit Warrant is exercisable into one non-flow-through common share of the Company at an exercise price of $0.25 for a period of 24 months. The common shares issuable upon exercise of the Special FT Unit Warrants will not qualify as flow-through shares under the Income Tax Act (Canada). The Special FT Units Offering will be facilitated by Oberon Capital Corporation ("Oberon Capital"). Oberon Capital will not receive any fees or commissions from the Company for its role in the Offering.

View stock analysis, news, and events for North Valley Resources Ltd.