Amarc Resources plans CAD 20 million private placement at CAD 1 per share

Reuters2026/08/24 11:45

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Amarc launched a private placement targeting CAD 20 million in gross proceeds through the sale of about 20,000,000 common shares.
Shares priced at CAD 1 each; financing led by institutional investor participation.
Proceeds earmarked for future JOY District spending, working capital, project work, progress at DUKE, IKE.
Closing targeted for early September; subject to TSX Venture Exchange clearance.
Securities not registered under the US Securities Act; no offers or sales in the United States without an exemption.

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. Amarc Resources Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608240745ACCESSWRNAPR_____1210904) on August 24, 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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Amarc Resources plans CAD 20 million private placement at CAD 1 per share

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