Fredonia Mining launches bought-deal private placement to raise C$10 million at C$0.65/share

Reuters2026/09/14 11:25

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Fredonia Mining announced a bought-deal private placement targeting about C$ 10 million in gross proceeds.
Deal calls for 15,384,700 common shares priced at C$ 0.65 each.
Underwriters can upsize the offering by up to C$ 1.5 million before closing.
Net proceeds earmarked for exploration work at the El Dorado Monserrat Project in Argentina, also working capital.
Closing expected around Sept. 23, 2026, subject to customary conditions, including TSX Venture Exchange approval if required.

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. Fredonia Mining Inc. published the original content used to generate this news brief via CNW (Ref. ID: 202609140724CANADANWCANADAPR_C3810) on September 14, 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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Fredonia Mining launches bought-deal private placement to raise C$10 million at C$0.65/share

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