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Silver North Resources (TSXV:SNAG) announced an upsized brokered LIFE private placement to raise up to C$10.584 million from C$7.0 million due to strong investor demand. The Offering comprises up to 5,000,000 Units at C$0.40 and up to 15,328,572 Charity FT Units at C$0.56, each Unit/Charity FT Unit including one-half warrant (one whole warrant exercisable at C$0.56 from 60 days after closing until 36 months). An Agent's Option of up to C$1.0 million is available. Proceeds will fund exploration at Haldane and Veronica in Yukon, plus working capital; FT proceeds must be spent on qualifying Canadian exploration expenditures and renounced by December 31, 2026. Closing expected on or about February 10, 2026, subject to TSXV and other approvals.
Silver North Resources (TSX-V:SNAG) upsized its brokered marketed private placement to C$7.0 million from C$5.0 million due to strong investor demand. The Offering includes up to 5,000,000 Units at C$0.40 and up to 8,928,572 Charity FT Units at C$0.56, with each unit carrying one-half warrant (whole warrants exercisable at C$0.56 between 60 days and 36 months after closing).
The company granted Red Cloud Securities an Agent's Option to sell up to an additional C$1.0 million. Proceeds will fund exploration on the Haldane and Veronica properties in Yukon, working capital and general corporate purposes. Charity FT Shares will have qualifying expenditures renounced effective Dec 31, 2026, with expenditures to be incurred by Dec 31, 2027. Closing is expected on or about Feb 5, 2026, subject to TSXV approval.
Silver North (OTC: TARSF) launched a brokered private placement to raise up to C$5.0 million through the sale of Units at C$0.40 and Charity flow-through Units at C$0.56. Each Unit includes one common share and one-half warrant; each Charity FT Unit includes one flow-through share and one-half warrant. Warrants exercise price is C$0.56, exercisable from 60 days after closing up to 36 months. The agent, Red Cloud, has an option to sell up to an additional C$1.0 million. Proceeds will fund exploration on the Haldane and Veronica properties, flow-through expenditures on Haldane and GDR projects, working capital, and general corporate purposes. Offering expected to close on or about February 5, 2026, subject to TSXV approval.