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Affinity Metals Corp
Symbol AFF
Shares Issued 47,032,101
Close 2026-04-06 C$ 0.03
Market Cap C$ 1,410,963
Recent Sedar+ Documents

Affinity reprices private placement to $105,000

2026-04-10 19:22 ET - News Release

Mr. Robert Edwards reports

AFFINITY METALS CORP. REPRICES NON-BROKERED PRIVATE PLACEMENT

Affinity Metals Corp. is repricing its non-brokered private placement previously announced on March 4, 2026, and it proposes to undertake an up to $105,000 offering of up to three million units to be sold at a price of 3.5 cents per unit. The company has filed for and received price protection for this financing from the Canadian Securities Exchange. Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder to purchase one common share of the company at a price of five cents at any time on or before that date which is 24 months after the closing date of the offering. The proceeds received from the sale of the units will be used to pay audit fees and legal fees and for general working capital.

The units are being offered to qualified purchasers in reliance upon exemptions from prospectus and registration requirements of applicable securities legislation. The company may pay finders' fees to eligible finders in connection with the offering. All securities issued and sold under the offering will be subject to a hold period expiring four months and one day from their date of issuance.

It is anticipated that insiders of the company will participate in the offering. The participation of any insiders may be considered a related-party transaction within the meaning of Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). Such insider participation will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to sections 5.5(b) and 5.7(1)(a) of MI 61-101 as the company is not listed on any of the exchanges or markets outlined in Subsection 5.5(b) of MI 61-101, and the fair market value of the securities to be distributed to the insiders will not exceed 25 per cent of the company's market capitalization.

About Affinity Metals Corp.

Affinity Metals is focused on the acquisition, exploration and development of strategic metal deposits within North America.

The company holds the 100-per-cent-owned Regal high-grade silver property located near Revelstoke, B.C., and has also optioned the Discovery Lake property located near Sioux Lookout, Ont.

We seek Safe Harbor.

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