Clean Air Metals upsizes non-brokered private placement to $6.1 million
Reuters2026/08/11 12:37- Clean Air Metals upsized a non-brokered private placement of subscription receipts to CAD 6.1 million on strong demand.
- Financing includes 2,000,000 CAM Subscription Receipts priced at CAD 0.55 each.
- Springbok will sell 10,000,000 subscription receipts at CAD 0.5 each as part of the same transaction tied to a planned amalgamation.
- Proceeds will remain in escrow pending closing of the business combination, then fund project work at Thunder Bay North, exploration, strategic reviews.
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