21:39:34 EST Fri 23 Jan 2026
Enter Symbol
or Name
USA
CA



North Arrow Minerals Inc (3)
Symbol NAR
Shares Issued 28,580,224
Close 2026-01-22 C$ 0.30
Market Cap C$ 8,574,067
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North Arrow increases private placement to $4-million

2026-01-23 18:21 ET - News Release

Ms. Eira Thomas reports

NORTH ARROW ANNOUNCES UPSIZE OF NON-BROKERED PRIVATE PLACEMENT FINANCING

Further to the news release dated Jan. 21, 2026, North Arrow Minerals Inc. has increased the size of its previously announced non-brokered private placement due to strong investor demand.

The offering was previously composed of up to 12.5 million units at a price of 24 cents per unit. The company has increased the maximum number of units issuable at the same price of 24 cents per unit to up to 16,666,667 units, for aggregate gross proceeds of up to $4-million.

Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each warrant shall entitle the holder thereof to purchase one common share of the company at a price of 36 cents per warrant share for a period of 24 months following the completion of the offering.

The offering is expected to close in February, 2026, subject to the completion of formal documentation and receipt of all necessary regulatory approvals, including approval of the TSX Venture Exchange. Unit shares and warrants issued pursuant to the offering will be subject to a four-month statutory hold period in accordance with applicable Canadian securities laws.

Proceeds from the offering will be used to advance North Arrow's exploration activities and for general corporate purposes. North Arrow may pay commissions and finders' fees in connection with the financing, subject to the policies of the TSX Venture Exchange.

About North Arrow Minerals Inc.

Vancouver-based exploration company focused on evaluating the Kraaipan gold project. Management and advisers bring significant global exploration and mining experience. North Arrow's exploration programs are conducted under the direction of Kenneth Armstrong, PGeo (Northwest Territories/Nunavut and Ontario), chairman of North Arrow, a qualified person under National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

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