Tectonic Metals Stock Price, News & Analysis

Tectonic Metals (OTCQB:TETOF) announced significant gold discoveries from its first 2025 RC drill hole at the Alpha Bowl target within its Flat Gold Project in Alaska. The key drill hole CMR25-035 intersected impressive results of 2.23 g/t Au over 41.15 metres, including 4.00 g/t Au over 21.34m with 13.25 g/t Au over 4.57m.

The Alpha Bowl target, measuring 1.5km by 1.0km, represents a significant blind-to-surface reduced intrusion-related gold system (RIRGS). The 2025 Phase One program completed 7,718 metres in 48 drill holes, with 24 holes specifically targeting Alpha Bowl. This first hole represents a 250-metre step-out from the 2024 discovery hole, confirming the system remains open in multiple directions.

The company is currently conducting Phase Two drilling, with results pending from 47 additional Phase One holes, suggesting significant exploration potential ahead.

Tectonic Metals (OTCQB:TETOF) has successfully completed its Phase One drill program at the Flat Gold Project in Alaska, drilling 7,718 metres across 48 holes. The program, part of the company's largest-ever exploration campaign, targeted multiple intrusion-related gold systems including Alpha Bowl, Chicken Mountain, Golden Apex, Black Creek, and Jam.

The company completed a 2,125 line-kilometre high-resolution drone airborne magnetic survey covering six priority targets. Additionally, Tectonic will host its first "Virtual Drill Core Shack" webcast on September 4, 2025, to showcase drill core highlights and geological observations.

The Phase One program, initially planned for $7 million, received overwhelming support resulting in an oversubscribed $12.7 million raise. The company aims to deliver its first maiden inferred resource, supported by 2025 and future drilling campaigns.

Tectonic Metals (TSX-V: TECT) has successfully completed an upsized private placement, raising C$21.2 million in gross proceeds. The offering included both brokered and non-brokered components, with shares priced at C$0.95 per common share.

The company issued a total of 22,323,831 common shares, with 14,585,105 shares issued under the listed issuer financing exemption and 7,738,726 shares issued under the accredited investor exemption. Notably, Crescat Capital, Tectonic's largest shareholder with approximately 20.98% ownership, participated by purchasing 3,157,895 shares for C$3 million.

The proceeds will be used to advance Tectonic's flagship Flat Gold Project in Alaska and for general corporate purposes. The offering was led by 3L Capital Inc., along with Canaccord Genuity Corp. and Research Capital Corporation.

Tectonic Metals (OTCQB:TETOF) has announced significant updates to its previously disclosed C$19 million financing offering. The company has increased the Life Issuer Financing Exemption (LIFE) portion by C$7.1 million, now allowing up to 14,736,842 common shares to be offered under this exemption for gross proceeds of up to C$14 million.

The offering, priced at C$0.95 per share, includes both brokered and non-brokered components. The brokered portion is being led by 3L Capital Inc., Canaccord Genuity Corp., and Research Capital Corporation. The remaining 5,263,158 shares will be allocated to accredited investors. The offering is expected to close around August 20, 2025, subject to TSXV approval.

Tectonic Metals (OTCQB:TETOF) has announced a significant upsize to its previously announced financing, now targeting up to C$19 million in gross proceeds. The offering will issue up to 20 million common shares at C$0.95 per share.

The financing includes both brokered and non-brokered components, led by 3L Capital Inc., Canaccord Genuity Corp., and Research Capital Corporation. Notably, Crescat Capital LLC, Tectonic's largest shareholder with a 20.98% stake, has increased their investment commitment to C$3 million, up from the previously announced C$2 million.

The proceeds will be used to advance the company's Flat Gold Project and for general corporate purposes. The offering is expected to close around August 20, 2025, subject to regulatory approvals.

Tectonic Metals (OTCQB:TETOF) has announced a significant financing initiative of up to C$13.5 million through an offering of up to 14,210,526 common shares at C$0.95 per share. The offering includes both brokered and non-brokered portions, with 3L Capital acting as the lead agent.

The company's largest shareholder, Crescat Capital LLC, which currently owns approximately 20.98% of Tectonic's shares, will participate with a $2 million investment. The proceeds will be used to advance the company's Flat Gold Project and for general corporate purposes. The offering is expected to close around August 20, 2025, subject to regulatory approvals.

Tectonic Metals (OTCQB:TETOF) has announced a significant financing initiative of up to C$13.5 million through a combined brokered and non-brokered offering of up to 14,210,526 common shares at C$0.95 per share.

The offering includes participation from major shareholder Crescat Capital LLC, which currently owns approximately 20.98% of Tectonic's shares and will invest an additional $2 million. 3L Capital will serve as the Lead Agent for the brokered portion, with an option to increase the offering by up to 20%.

The company plans to use the proceeds to advance its Flat Gold Project, with Phase One drilling currently underway and plans to accelerate into Phase Two drilling. The offering is expected to close around August 20, 2025, subject to TSXV approval.

Tectonic Metals (TETOF) has appointed Dr. Richard Goldfarb, a distinguished geologist and recipient of the 2023 SEG Penrose Gold Medal, to its Technical Advisory Committee. Dr. Goldfarb brings over 40 years of experience, including 35 years with the USGS, and is renowned for his expertise in orogenic gold systems and Alaskan geology. He has authored over 250 peer-reviewed publications and studied major gold systems globally, including the 39-million-ounce Donlin Gold Project located 40km from Tectonic's Flat Gold Project. The appointment comes during a transformative year for Tectonic, which has reported high-grade oxide gold discoveries, expanded mineralized strike length at Chicken Mountain, and achieved up to 96% gold recoveries in metallurgical tests. The company recently raised C$12.7 million through an oversubscribed private placement and is currently executing a Phase One drilling program.

Tectonic Metals (TETOF) has launched its largest-ever drill program at the Flat Gold Project in Alaska, deploying three drill rigs. The program focuses on the Alpha Bowl discovery, which previously yielded impressive results including 65.53m at 2.13 g/t Au. The project, located on 99,840 acres of Native-owned land, shows potential as a tier-one, free-milling and heap leachable gold opportunity. Key targets include Alpha Bowl, linked to 650,000 ounces of historic placer gold production, and Golden Apex, an underexplored target with proximity to 682,000 ounces of placer gold production. Previous metallurgical testing showed exceptional results with 96% gold recovery through heap leaching. The company aims to advance toward a maiden resource estimate and future Preliminary Economic Assessment.