Metalero Mining (MLO) Announces Extension of Private Placement
Metalero Mining (TSXV: MLO / OTC: CRTTF) applied to extend price protection for its non‑brokered flow‑through private placement to December 9, 2025 to complete subscriptions.
The Offering is for up to 1,428,572 FT Units at $0.21 per unit; each Unit = one flow‑through share plus one warrant exercisable at $0.26 for two years. The first tranche closed on October 21, 2025 with 952,381 FT Units sold. Proceeds will fund Fall 2025 exploration at Benson (sampling and ground geophysics). FT Shares qualify under the Income Tax Act (Canada) and, for qualifying BC investors, under the BC Tax Act.
The Offering remains subject to TSXV approval, includes a four‑month plus one day hold, and may include finder's fees paid per TSXV policy.
Metalero Mining (TSXV: MLO / OTC: CRTTF) ha richiesto di estendere la protezione del prezzo per il suo private placement non brokered di flow-through a 9 dicembre 2025 per completare le sottoscrizioni.
L'offerta è per un massimo di 1,428,572 FT Units a 0,21 $ per unità; ogni unità = una flow-through azione più una warrant esercitabile a 0,26 $ per due anni. La prima tranche si è chiusa il 21 ottobre 2025 con 952.381 FT Units vendute. I proventi finanzieranno l'esplorazione autunnale 2025 a Benson (campionamenti e geofisica di superficie). FT Shares qualificano secondo l'Income Tax Act (Canada) e, per investitori qualificati della BC, secondo il BC Tax Act.
L'offerta è soggetta all'approvazione TSXV, include una detenzione di quattro mesi più un giorno e può includere compensi per i finder pagati secondo la politica TSXV.
Metalero Mining (TSXV: MLO / OTC: CRTTF) solicitó extender la protección de precio para su colocación privada sin corredor de flujo-atrás hasta el 9 de diciembre de 2025 para completar las suscripciones.
La oferta es por hasta 1.428.572 FT Units a 0,21 USD por unidad; cada unidad = una acción FT más un warrant ejercitable a 0,26 USD por dos años. La primera tranca se cerró el 21 de octubre de 2025 con 952.381 FT Units vendidas. Los ingresos financiarán la exploración de otoño 2025 en Benson (muestreo y geofísica de campo). Las FT Shares califican bajo la Ley del Impuesto sobre la Renta (Canadá) y, para inversores BC que califiquen, bajo la BC Tax Act.
La oferta sigue sujeta a la aprobación de TSXV, incluye una retención de cuatro meses más un día y puede incluir honorarios de finder pagados según la política de TSXV.
메탈로어 마이닝(TSXV: MLO / OTC: CRTTF)는 비브로커드 플로우-투 프라이빗 플레이먼트의 가격 보호를 2025년 12월 9일로 연장 신청하여 구독을 완료하려고 합니다.
공모는 최대 1,428,572 FT 유닛 @ 0.21달러로 구성되며, 각 유닛은 플로우-투 주식 1주와 0.26달러 행사 가능한 워런트 1개로 구성됩니다. 1차 트랜치는 2025년 10월 21일에 952,381 FT 유닛이 판매되어 종료되었습니다. 자금은 Benson에서의 2025년 가을 탐사(샘플링 및 지구물리)를 금융합니다. FT 주식은 캐나다 소득세법에 따라 자격을 갖추며, BC 투자자 중 자격을 갖춘 이들에게는 BC 세법에 따라 자격이 있습니다.
공모는 TSXV 승인에 따라 진행되며, 4개월 + 1일의 보유 기간이 포함되고 TSXV 정책에 따라 finder 수수료가 포함될 수 있습니다.
Metalero Mining (TSXV: MLO / OTC: CRTTF) a demandé de prolonger la protection du prix pour son placement privé non-boursier en flux-aval (flow-through) jusqu'au 9 décembre 2025 afin de compléter les souscriptions.
L'offre est pour jusqu'à 1 428 572 FT Units à 0,21 $ par unité; chaque unité = une action FT plus un warrant exerçable à 0,26 $ pendant deux ans. La première tranche a été clôturée le 21 octobre 2025 avec 952 381 FT Units vendues. Les fonds financeront l'exploration d'automne 2025 à Benson (échantillonnage et géophysique de surface). Les FT Shares sont éligibles en vertu de la Loi sur l'impôt sur le revenu (Canada) et, pour les investisseurs qualifiés de BC, en vertu de la BC Tax Act.
L'offre reste soumise à l'approbation de TSXV, comprend une période de blocage de quatre mois et un jour et peut inclure des frais de recherche payés conformément à la politique TSXV.
Metalero Mining (TSXV: MLO / OTC: CRTTF) beantragte, den Preis-Schutz für seine nicht-brokered Flow-Through Private Placement bis zum 9. Dezember 2025 zu verlängern, um die Zeichnungen abzuschließen.
Das Angebot umfasst bis zu 1.428.572 FT Units zu je 0,21 USD pro Einheit; jede Einheit besteht aus einer Flow-Through-Aktie plus einem innerhalb von zwei Jahren ausübbaren Warrant zu 0,26 USD. Die erste Tranche wurde am 21. Oktober 2025 mit 952.381 FT Units verkauft. Die Erlöse finanzieren die Herbst-2025-Erkundung in Benson (Probenahme und Geophysik). FT Shares qualifizieren gemäß dem Income Tax Act (Kanada) und für qualifizierte BC-Investoren gemäß dem BC Tax Act.
Das Angebot unterliegt der TSXV-Genehmigung, enthält eine Vier-Monats-Plus-Einen-Tag-Haltedauer und kann Findergebühren gemäß TSXV-Richtlinie beinhalten.
Metalero Mining (TSXV: MLO / OTC: CRTTF) تقدمت بطلب لتمديد حماية السعر لعمليتها الخاصة غير الوسيطة من التدفق خلال حتى 9 ديسمبر 2025 لإكمال الاشتراكات.
العرض يصل حتى 1,428,572 وحدة FT بسعر 0.21 دولار للوحدة؛ كل وحدة = سهم تدفق-خلال واحد بالإضافة إلى وارنْت يمكن ممارسته بسعر 0.26 دولار لمدة عامين. تم إغلاق الدفعة الأولى في 21 أكتوبر 2025 مع بيع 952,381 وحدة FT. ستستخدم العائدات لتمويل استكشاف خريف 2025 في بنسون ( sampling وعلم القياسات الجيولوجية الميدانية). تُؤَهِّـل أسهم FT بموجب قانون ضريبة الدخل (كندا) وبالنسبة للمستثمرين المؤهلين في BC وفق BC Tax Act.
لا يزال العرض خاضعاً لموافقة TSXV، ويتضمن قيد حجز لمدة أربعة أشهر زائد يوم واحد، وقد يتضمن عمولات للمعارف وفق سياسة TSXV.
- 952,381 FT Units sold in first tranche on October 21, 2025
- Proceeds designated to Fall 2025 Benson exploration including sampling and ground geophysics
- FT Shares qualify for Income Tax Act (Canada) and qualifying BC investors for BC flow‑through mining expenditures
- Up to 1,428,572 FT Units outstanding could cause dilution if fully subscribed
- Each Warrant exercisable at $0.26 for two years adds potential share issuance
- Offering subject to TSXV approval, creating execution risk and delays
- All securities carry a four‑month plus one day hold, limiting near‑term liquidity
Edmonton, Alberta--(Newsfile Corp. - November 21, 2025) - Metalero Mining Corp. (TSXV: MLO) (OTC Pink: CRTTF) ("Metalero" or the "Company") announces that, in connection with its previously announced non-brokered private placement (the "Offering"), the Company has applied to the TSX Venture Exchange for an extension of its price protection, to December 9, 2025, in order to complete subscriptions.
The Offering consists of up to 1,428,572 flow-through units (the "FT Units") at a price of
The proceeds will be used to support the Fall 2025 exploration work at Benson including further sampling and ground geophysics.
All FT Shares offered in connection with this Offering qualify as a "flow-through share" within the meaning of the Income Tax Act (Canada) (the "Tax Act"). For subscribers who are qualifying individuals under the Income Tax Act (British Columbia) (the "BC Tax Act"), these expenditures will also qualify as "BC flow-through mining expenditures", as defined in section 4.721(1) of the BC Tax Act.
The Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange. All the securities issued pursuant to this Offering will have a hold period expiring four months and a day after the closing date. The Company may pay finder's fees raised in connection with the financing to arm's length finders in accordance with the policies of the TSX Venture Exchange and as permitted by law.
For additional information with respect to this Offering, please refer to Metalero's news releases dated September 25, 2025, October 10, 2025, and October 22, 2025, available for viewing on Metalero's SEDAR+ profile (www.sedarplus.ca).
About Metalero Mining Corp.
Metalero Mining Corp. is a Canadian-based junior exploration company focused on copper and gold projects in North America. Its 166 square kilometer, road-accessible Benson Project serves as Metalero's flagship and is host to five prospects containing gold and copper within porphyry-related mineralized systems.
On behalf of the Board of Directors
"Rob L'Heureux"
Rob L'Heureux,
Chief Executive Officer and President
Email: robl@metalsgroup.com
Telephone: +1.780.916.5482
Metalero is part of the Metals Group of Companies, managed by exploration professionals who stand for technical excellence, robust project selection and strong corporate governance, with a proven ability to identify and capitalize on investment opportunities and deliver shareholder returns.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Forward-Looking Statements This news release may contain certain "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company's exploration plans and results. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the company's current expectations regarding future events, performance and results and speak only as of the date of this release.
Forward-looking statements in this press release are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These include, but are not limited to, structure and terms of the Offering, the anticipated closing date(s) of the Offering, the intended use of proceeds of the Offerings, and approval of the Offerings by the TSX-V, risks associated with the mining industry in general, the exploration and development of mineral properties, the Company's ability to obtain necessary financing, and general economic, market or business conditions. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. Other factors which could materially affect such forward-looking information are described in the risk factors in the Company's most recent annual management's discussion and analysis which is available on the Company's profile on SEDAR+ at www.sedarplus.ca. Metalero disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
Not for distribution to United States newswire services or for dissemination in the United States.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/275608
FAQ
What is Metalero's private placement size and price (TSXV: MLO / OTC: CRTTF)?
How many units closed in the first tranche and when for Metalero (CRTTF)?
What do Metalero's warrants for the private placement allow (CRTTF)?
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