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Vortex Metals closes $605K private placement to fund copper-gold exploration in Chile and Mexico

Company Fundamentals
14 Oct 2026
Newsfile Corp
View Source
Bullish
Vortex Metals closes $605K private placement to fund copper-gold exploration in Chile and Mexico

Vortex Metals Inc. has completed the second tranche of its non-brokered private placement, raising $605,000 by issuing 12.1 million units at $0.05 each. Each unit includes one common share and half a warrant, allowing purchase of additional shares at $0.06 within 36 months, with an acceleration clause if share prices rise. The funds will support exploration projects in Chile and Mexico, corporate development, and general working capital. Insiders participated with 2.8 million units, and the offering awaits final approval from the TSX Venture Exchange.

Vortex Metals' recent private placement is context for readers following Basic Materials. For readers following Basic Materials, here is Pluang's market snapshot as of Oct 15, 2026 03:23 WIB: Out of 83 priced US stocks, 16 rose and 67 fell. Notable movers include Hecla Mining Company (HL) at USD 14.92, down 7.79% with 100% buy orders, SSR Mining Inc. (SSRM) at USD 30.60, down 7.52% with 100% buy orders, and Hycroft Mining Holding Corporation (HYMC) at USD 16.39, down 6.72% with 100% buy orders.

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