Mosaic Minerals closes second-tranche private placement, raises $198,470 gross proceeds
Bitget2026/10/08 23:22Mosaic Minerals closed a second tranche private placement, raising $198,470 from 1,100,000 FT Units at $0.105 and 982,000 Units at $0.085. FT Units include a warrant exercisable at $0.17 for 12 months; proceeds earmarked for Golden Island exploration in Quebec. Units include a warrant exercisable at $0.12 for 24 months. CEO Jonathan Hamel bought 800,000 FT Units for $84,000. Paid a 6% cash finder’s fee of $1,890; issued 22,235 finder’s warrants at $0.085 for 24 months. 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. Mosaic Minerals Corp. published the original content used to generate this news brief on October 08, 2026, and is solely responsible for the information contained therein.
- Mosaic Minerals closed a second tranche private placement, raising $198,470 from 1,100,000 FT Units at $0.105 and 982,000 Units at $0.085.
- FT Units include a warrant exercisable at $0.17 for 12 months; proceeds earmarked for Golden Island exploration in Quebec.
- Units include a warrant exercisable at $0.12 for 24 months.
- CEO Jonathan Hamel bought 800,000 FT Units for $84,000.
- Paid a 6% cash finder’s fee of $1,890; issued 22,235 finder’s warrants at $0.085 for 24 months.
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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