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Mogotes Metals Announces Exercise of Rights of CD Capital Fund IV L.P.

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Mogotes Metals Announces Exercise of Rights of CD Capital Fund IV L.P.

 

 

 

 

 

Mogotes Metals Inc. (TSX-V: MOG) (FSE: OY4) (OTCQB: MOGMF) is pleased to announce that, pursuant to the terms of an investor rights agreement with CD Capital Fund IV L.P. dated June 2, 2025, CD Capital has provided notice to the Company under the terms of the investor rights agreement that it intends to exercise its right to subscribe for common shares in the capital of the Company to increase its ownership interest to 19.9% on a partially diluted basis, being up to 31,000,000 Common Shares at a price of $0.49 per Common Share for total proceeds to the Company of $15,190,000.

 

The Common Shares issued pursuant to the Additional Subscription will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. The closing of the Additional Subscription is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the TSX Venture Exchange.

 

Posted July 15, 2026

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