NVRO Metals Closes CAD 35 Million Private Placement

By Public Technologies
  • NVRO Metals closed a C$ 35 million private placement on November 10, 2026, issuing 269,231,000 units at C$ 0.13 each.
  • The placement generated approximately C$ 32.3 million in cash proceeds, with C$ 2.7 million of secured debt settled through units.
  • Each unit comprises one common share and one warrant exercisable at C$ 0.18 until November 10, 2029.
  • Strategic investors Hecla Mining, Transamine and KEWA Financial invested approximately C$ 18.5 million combined.
  • Proceeds will fund the Northern Territories Resources acquisition, expected to close around November 13, 2026, alongside working capital and other corporate needs.


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