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Purecore Metals raises up to $1.5M via private placement to fund mineral projects and operations.

Company Fundamentals
05 Jun 2026
GlobeNewsWire
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Bullish
pluang ai news

Purecore Metals Inc. announced a non-brokered private placement to raise up to $1.5 million by issuing 1.5 million units at $1 each. Each unit includes one common share and one warrant exercisable at $2 for three years, with acceleration provisions if the share price hits $2.50 for 10 consecutive days. The funds will be used for acquiring mineral properties, exploration, working capital, and marketing. The company also clarified a previous stock option grant, increasing the total options granted to 2.2 million. This financing supports Purecore's strategy to build a critical minerals portfolio aligned with energy and technology sectors.

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