Purecore Metals Upsizes Non-Brokered Private Placement to up to CA$3.5 Million From CA$2.5 Million

08:30 AM EDT, 10/16/2026 (MT Newswires) -- Purecore Metals (PURE.CN) upsized its non-brokered private placement to up to CA$3.5 million from CA$2.5 million, it said late Thursday. The offering will be made up of a combination of hard dollar units of the company at a price of CA$1.35 each and flow-through units of the company at a price of CA$1.50 each, the company said. The company plans to use the net proceeds from the sale of the HD units to advance its mineral exploration activities, for property-related expenditures and acquisitions, consulting/advisory services and for general corporate and working capital purposes, it said. The offering remains subject to the satisfaction of customary closing conditions, it added.