Loyalist Exploration Terminates Private Placement After First Tranche

Bitget2026/10/16 10:45

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Loyalist Exploration terminated its non-brokered private placement on October 16, 2026; no further closings will occur.
The final tranche raised $1 million through the sale of 25,000,000 common shares.
Shares were priced at $0.04 each in the tranche closed on August 31, 2026.
Proceeds will fund Tully technical studies and permitting, property payments and general working capital.
A separate debt settlement exchanged $113,285 of outstanding indebtedness for 2,832,125 common shares at $0.04 each.

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. Loyalist Exploration Limited published the original content used to generate this news brief via TheNewswire (Ref. ID: 202610160645TNWSWRCACNPR_____1k6WFQYO6) on October 16, 2026, and is solely responsible for the information contained therein.

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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Loyalist Exploration Terminates Private Placement After First Tranche

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