Steadright Critical Minerals Raises CAD 530,000 in First Tranche of Private Placement
Bitget2026/10/28 20:09- Steadright Critical Minerals closed the first tranche of its non-brokered private placement on October 28, 2026, raising CAD 530,000.
- The offering was increased by CAD 100,000 to CAD 900,000, with the final tranche expected to close next week.
- Each CAD 0.10 unit comprises one common share and one common share purchase warrant exercisable at CAD 0.16 for 24 months.
- Insiders subscribed for 1,100,000 units in the first tranche; they are expected to take most or all of the remaining placement.
- Proceeds will support general working capital, corporate purposes and potential strategic initiatives.
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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