Northern Discovery Metals Announces Private Placement of Up to C$ 1.5 Million

Bitget2026/10/19 21:01

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Northern Discovery Metals announced a non-brokered private placement of up to C$ 1.5 million, expected to close around November 16, 2026.
Non-flow-through units priced at C$ 0.75 target C$ 1 million; each comprises one common share and half a warrant.
Flow-through units priced at C$ 0.90 target C$ 500,000; each comprises one flow-through share and half a transferable warrant.
Both warrant types run for 24 months; exercise prices are C$ 0.95 for non-flow-through warrants, C$ 1.10 for flow-through warrants.
Non-flow-through proceeds will fund exploration and working capital; flow-through proceeds will finance eligible Canadian exploration expenses intended to qualify as flow-through mining expenditures.

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. Northern Discovery Metals Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610191700PRIMZONEFULLFEED9848798) on October 19, 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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Northern Discovery Metals Announces Private Placement of Up to C$ 1.5 Million

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