Purecore Metals to Raise Up to CA$2.5 Million Via Non-Brokered Private Placement
MT newswire2026/10/05 11:4007:40 AM EDT, 10/05/2026 (MT Newswires) -- Purecore Metals (PURE.CN) intends to complete a non-brokered private placement for up to CA$2.5 million, it said in a statement late Friday. The offering will consist of a combination of hard dollar units (HD units) at CA$1.35 per HD unit and flow-through units (FT units) at CA$1.50 per FT unit. Proceeds from the sale of the HD units will be used to advance its mineral exploration activities, for property-related expenditures and acquisitions, and for general corporate and working capital needs. Shares of the company closed down 1.2% to CA$1.62 on Friday on the Canadian Securities Exchange.
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