Resouro Strategic Metals upsizes private placement to raise up to $2.5 million

Reuters2026/08/06 23:42

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Resouro Strategic Metals completed a first closing of its upsized non-brokered private placement, targeting gross proceeds of up to $2.5 million.
Issued 7,440,000 common shares at $0.25 per share for gross proceeds of $1.86 million.
Offering increased to 10,000,000 common shares from 8,000,000, maintaining the $0.25 issue price.
Net proceeds earmarked for environmental work supporting the Tiros project’s preliminary feasibility study, with remaining funds for working capital.
Paid a $4,500 cash finder’s fee; remaining shares expected to be issued in a second closing.

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. Resouro Strategic Metals Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608061942PRIMZONEFULLFEED9805797) on August 06, 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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Resouro Strategic Metals upsizes private placement to raise up to $2.5 million

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