Mr. A. Paul Gill reports
TRIPLE ONE METALS INC. ANNOUNCES FINANCING - OVERSUBSCRIBED
Triple One Metals Inc., further to its news release dated Sept. 14, 2026, has been successful in raising $999,925.11
(oversubscribed as to $200,000) and will issue 33,330,837 units at three cents. Each unit will consist of one common share
and one warrant exercisable for two years at five cents.
The use of proceeds will be for exploration, regulatory, audit fees, legal fees and working capital. While the company
intends to spend the proceeds from the financing as stated above, there may be circumstances where, for sound
business reasons, funds may be reallocated at the discretion of the board.
A cash finder's fee of 10 per cent or $46,357 has agreed to be paid.
One insider of the company subscribed for a total of 4,245,000 units. As such, this participation constitutes a related
party transaction as defined under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special
Transactions. Such participation is exempt from the formal valuation and minority shareholder
approval requirements of MI 61-101, as neither the fair market value of the common shares acquired by the insiders
nor the consideration for the common shares paid by such insider's exceeds 25 per cent of the company's market
capitalization. The company did not file a material change report 21 days prior to the closing date of this private
placement as details of the respective participation of such insiders in the offering was unknown at such time.
The closing of the financing is subject to receipt of all necessary regulatory approvals, including the Canadian
Securities Exchange. The securities issued under the financing will be subject to a hold period ending on the date that
is four months plus one day following the date of issue in accordance with applicable securities laws.
The company confirms there are no material facts or material changes related to the company that have yet to be
generally disclosed.
We seek Safe Harbor.
© 2026 Canjex Publishing Ltd. All rights reserved.