Pacific Empire Minerals closes C$ 1.58 million private placement of 35,207,775 units at C$ 0.045 each

Reuters2026/08/04 21:51

By:Reuters

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Pacific Empire closed a non-brokered private placement, issuing 35,207,775 units at C$ 0.05 for gross proceeds of C$ 1.58 million.
Each unit includes one common share plus one warrant exercisable at C$ 0.07 until July 31, 2029.
Paid cash finders’ fees of C$ 23,468; issued 521,500 broker warrants exercisable at C$ 0.07 until July 31, 2029.
Proceeds earmarked for the Trident and Pinnacle copper-gold projects in British Columbia; remaining funds for working capital.
All securities subject to hold periods expiring Dec. 1, 2026; financing still requires final TSX Venture Exchange approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pacific Empire Minerals Corp. published the original content used to generate this news brief on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Pacific Empire Minerals closes C$ 1.58 million private placement of 35,207,775 units at C$ 0.045 each

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