The Prospector News

Future Mineral Closes Second Tranche of Private Placement

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Future Mineral Closes Second Tranche of Private Placement

 

 

 

 

 

Future Mineral Resources Inc. (TSX: FMR) is pleased to announce that it has closed a second tranche of a previously announced non-brokered private placement financing of up to 15 million common shares at a price of $0.30 per share for gross proceeds of up to $4.5m. For more information about the Offering and first tranche closing, please see the Company’s press releases dated January 7, 2026, February 2, 2026, and March 13, 2026, each of which is available under the Company’s SEDAR+ profile at www.sedarplus.ca.

 

Pursuant to the Second Tranche, Future Mineral issued 316,667 common shares at a price of $0.30 per share f or gross proceeds of approximately $95,000. The securities issued in connection with the Second Tranche are subject to a statutory four month hold period, which expires on July 19, 2026. Completion of the Offering (including the First Tranche and Second Tranche) is subject to receipt of final approval of the Toronto Stock Exchange. No finder’s fees were paid in connection with the Second Tranche. The net proceeds of the Second Tranche are expected to be used for working capital and general corporate purposes.

 

About Future Mineral

 

Future Mineral is a venture capital company focused on acquiring and advancing brownfield, development-stage and early production-stage mining projects in the Americas and Europe.

 

Posted March 19, 2026

Share this news article

MORE or "UNCATEGORIZED"


Another batch of high-grade assays for FireFly’s resource update and economic studies

Latest high-grade results such as 11.5m @ 11.1% copper and 2.1g/t... READ MORE

August 4, 2026

Clean Air Metals and Fiore-Backed Springbok Ventures Announce Strategic Business Combination

Strategic Transaction to Position Thunder Bay North for Developme... READ MORE

August 4, 2026

Bunker Hill Ships First Concentrate to Trail Smelter and Announces Drawdown of Standby Facility

Bunker Hill Mining Corp. (TSX:BNKR) (OTCQB:BHLL) is pleased to an... READ MORE

August 4, 2026

AbraSilver Announces Closing of Concurrent Private Placement

AbraSilver Resource Corp. (TSX: ABRA) is pleased to announce the ... READ MORE

August 4, 2026

Critical One Energy Closes CDN$5.6 Million Tranche of Flow-Through Private Placement

Critical One Energy Inc. (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF) ... READ MORE

August 4, 2026

Copyright 2026 The Prospector News