37 Capital targets up to $500,000 flow-through unit private placement at $0.05 each
Reuters2026/08/10 12:37Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- 37 Capital announced plans for two private placements totaling up to CAD 700,000, priced at CAD 0.05 per unit.
- Flow-through financing targets up to CAD 500,000 via up to 10,000,000 units; each includes a flow-through share, warrant at CAD 0.15 for three years.
- Non-flow-through financing targets up to CAD 200,000 via up to 4,000,000 units; each includes a common share, warrant at CAD 0.15 for three years.
- Flow-through proceeds earmarked for exploration spending in British Columbia; non-flow-through proceeds allocated to general working capital.
- Warrants may be accelerated if shares trade at or above CAD 0.25 for 10 consecutive sessions, starting six months post-closing.
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. 37 Capital Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608100837NEWSFILECNPR____20260810_308776_1) on August 10, 2026, and is solely responsible for the information contained therein.
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