NordX Metals Plans to Raise up to CA$2.4 Million Via Non-Brokered Private Placement

10:29 AM EST, 11/03/2026 (MT Newswires) -- NordX Metals (NRDX.CN) plans to raise gross proceeds of up to CA$2.4 million through a non-brokered private placement, it said Tuesday. The private placement will include up to 8 million units of the company at a price of CA$0.30 each, it said. Each unit will be made up of a share and one-half of a warrant, with each whole warrant entitling the holder to buy an additional share at a price of CA$0.45 for a period of 24 months from the date of issuance, said the company. The company plans to use the net proceeds for general working capital purposes and for continued exploration of its properties, it said. The offering's closing is subject to the satisfaction of customary closing conditions, added the company. Shares of the company were last seen down CA$0.02 or 5.7% to CA$0.33 on the Canadian Securities Exchange. Price: 0.33, Change: -0.02, Percent Change: -5.71