Fidelity Minerals raises C$2.5M via private placement to fund Peru exploration and operations.

Fidelity Minerals Corp. has arranged a private placement financing to raise up to C$2.5 million by issuing 12.5 million units at C$0.20 each. Each unit includes one common share and half a warrant, exercisable at C$0.30 within 24 months. The funds will support the company's exploration and community programs in Peru, particularly at its Las Huaquillas project, and cover general working capital. The financing awaits TSX Venture Exchange approval and includes standard hold periods and potential finders' fees.