Loyalist Exploration closes first tranche of non-brokered private placement, raises $1 million

Reuters2026/09/01 01:08

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Loyalist Exploration closed a first-tranche, non-brokered private placement of 25,000,000 common shares at CAD 0.04.
Gross proceeds totaled CAD 1 million.
Funds earmarked for 43-101 work on the Tully project, including a resource estimate, preliminary economic assessment, permitting, property payments.
Haywood Securities received CAD 37,200 cash finder's fees, issued 930,000 broker warrants exercisable at CAD 0.08 through Aug. 31, 2028.
Shares carry a hold period until four months and one day from issuance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Loyalist Exploration Limited published the original content used to generate this news brief via TheNewswire (Ref. ID: 202608312107TNWSWRCACNPR_____1AMqFDVPD) on September 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Loyalist Exploration closes first tranche of non-brokered private placement, raises $1 million

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