Mr. Mark Ferguson reports
ARBOR METALS CLOSES $1 MILLION PRIVATE PLACEMENT
Arbor Metals Corp. has closed a non-brokered private placement and has issued five million units at a price of 20 cents per unit for gross proceeds of $1-million. Each unit consists of one common share, issued as a flow-through share within the meaning of the
Income Tax Act
(Canada), and one-half of one share purchase warrant. Each warrant is exercisable at a price of 25 cents until Nov. 19, 2028.
The company anticipates the proceeds of the offering being directed toward the continued exploration and development of the Jarnet lithium project and the Ernest REE project, both of which are located in the province of Quebec.
In consideration for introducing the investor to the offering, the company has issued 500,000 shares and 250,000 non-transferable share purchase warrants to an arm's-length party. Each finder's warrant is exercisable at a price of 25 cents until Nov. 19, 2028.
All securities issued in connection with the offering are subject to restrictions on resale until March 20, 2026, in accordance with applicable securities laws.
About Arbor Metals Corp.
Arbor Metals
is a mining exploration company focused on developing high-value, geographically significant mineral projects worldwide.
Arbor
is paving the way for advanced mineral exploration as it oversees world-class mining projects. The company is confident that combining quality projects with proven strategies and a dedicated team will yield exceptional outcomes.
The
Jarnet and Corvette Lake lithium projects are located in the James Bay region of Quebec. The projects are contiguous to the Corvette-FCI property, where diamond drilling has confirmed significant lithium mineralization, representing one of the highest-profile lithium exploration projects in the sector.
The
Kemlee Lake lithium
project
is strategically located three kilometres east of Rock Tech Lithium Inc.'s Aumacho claim blocks and 12 kilometers south of the Georgia Lake project. The project shares many geological similarities with the prolific Georgia Lake deposit, including bedrock geology and the presence of massive intrusive dikes. The primary target at the Project will be spodumene-bearing pegmatites hosted in metasediments.
We seek Safe Harbor.
© 2025 Canjex Publishing Ltd. All rights reserved.