Halcones Precious Metals to Raise up to CA$1 Million Via Non-Brokered Private Placement
MT newswire2026/10/09 11:3507:35 AM EDT, 10/09/2026 (MT Newswires) -- Halcones Precious Metals (HPM.V) plans to raise gross proceeds of up to CA$1 million through a non-brokered private placement financing of up to 20 million units to be priced at CA$0.05 each, it said after markets closed Thursday. Each unit will be made up of a share and a two-year warrant, with each warrant entitling the holder to buy a share at an exercise price of CA$0.05 per share, said the company. The company plans to use the net proceeds to obtain the surface rights to the Polaris project, continue the exploration work on its Polaris project as well as for general corporate working capital purposes, it said. The offering, scheduled to close on or about Oct. 15, is subject to approval of the TSX Venture Exchange, it added.
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