StrategX Elements Raises CA$911,110.95 Via Private Placement

07:14 AM EDT, 10/30/2026 (MT Newswires) -- StrategX Elements (STGX.CN) closed a final tranche of its oversubscribed non-brokered private placement raising CA$911,110.95 in total, it said in a statement late Thursday. The final tranche consisted of the issuance of 2.5-million units at CA$0.15 apiece for CA$379,254.60. StrategX Chief Executive Officer Darren Bahrey participated in the final tranche through a private company owned by him and bought 354,631 units for CA$53,194.65. Proceeds will be used to support the continued advancement of its critical minerals exploration projects on the Melville Peninsula, Nunavut, Canada, it said. The company's shares last traded Oct. 23, closing at CA$0.175 on the Canadian Securities Exchange.