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Volta Metals (OTC Pink: VOLMF) closed an oversubscribed, upsized non-brokered private placement for gross proceeds of $2,810,508 on December 23, 2025.
The Offering issued 12,219,601 flow-through shares at $0.23 per share to fund Canadian exploration expenses, including a second-phase drill program at the Springer rare earth and gallium deposit and work at the Aki Critical Minerals Project. All qualifying expenditures will be renounced to subscribers with an effective date no later than Dec 31, 2025, and expenditures must be incurred by Dec 31, 2026.
The company paid $163,560 cash plus 711,132 finder warrants exercisable at $0.23 for 24 months; a director purchased 87,000 FT shares and the company relied on MI 61-101 exemptions. Closing is subject to regulatory approvals including the CSE.
Volta Metals (OTC Pink: VOLMF) hosted Ontario's Minister of Indigenous Affairs and Nipissing First Nation Chief Cathy Stevens at the Springer Rare Earth Project near Sturgeon Falls on December 18, 2025.
Discussions targeted permitting under Ontario's One Project, One Process, Indigenous economic participation, and Springer's role in North America's critical minerals supply chain. Company and NFN emphasized collaboration, local business engagement, and permitting clarity to advance project development.
Volta Metals (OTC: VOLMF) reported results from its 2025 Springer drill program near Sudbury, Ontario, showing expanded rare earth mineralization that remains open at depth.
Key highlights include 0.95% TREO over 438.9m in SL25-24, 0.89% TREO over 383.5m in SL25-23, and a very high-grade heavy rare earth interval of 184.04 g/t Dy2O3+Tb2O3 over 27.1m. The program shows an average HREO contribution of 10.9% to TREO value and multiple high-grade LREE and HREE intervals. Results will be used toward an updated NI 43-101 resource estimate planned for early 2026.
Volta Metals (OTC Pink: VOLMF / CSE: VLTA / FSE: D0W) was featured in CEO.CA's "Inside the Boardroom" on November 24, 2025, highlighting the company's recent exploration progress and executive outlook.
The interview spotlights CEO Kerem Usenmez and positions CEO.CA as a leading investor social network for junior resource stocks, offering a video interview and community discussion links for investors to follow updates, commentary, and company news.
Viewers are directed to a YouTube interview and CEO.CA company page for additional executive interviews and investor engagement opportunities.
Volta Metals (OTC: VOLMF) reported assays from borehole SL25-24 at the Springer REE project, returning 0.95% TREO over 438.9m (26.1–465.0m), including 1.06% TREO over 358.6m, 1.42% TREO over 108.1m, and a high-grade 2.19% TREO over 20m. SL25-24 is the deepest hole to date at 465m and was extended after visual confirmation of continuous mineralization.
The company says these long, continuous TREO intercepts will be included in a mineral resource update planned for early 2026 and may expand the historically reported NI 43-101 resource (indicated 4.167 Mt @ 1.073% TREO; inferred 12.73 Mt @ 1.119% TREO at 0.9% cutoff).
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