StrategX Elements Raises CA$198,000 After Closing Second Tranche of Non-Brokered Private Placement

10:06 AM EDT, 09/18/2026 (MT Newswires) -- StrategX Elements (STGX.CN) closed the second tranche of its non-brokered private placement, raising proceeds of CA$198,000, it said in a statement late Thursday. The second tranche offered 1.3-million units at CA$0.15 apiece. Proceeds will support the continued advancement of its critical minerals exploration projects on the Melville Peninsula in Canada's Nunavut, it said. The company has now raised a total of CA$531,856.35 from the sale of 3.5-million units. It expects that a final tranche closing relating to the remaining balance of units available for sale under this offering to be completed on or before Sept. 30. The company's shares last traded Sept. 8, closing at CA$0.175 on the Canadian Securities Exchange.