{"id":21469,"date":"2025-10-09T15:58:40","date_gmt":"2025-10-09T15:58:40","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2025\/10\/09\/earthwise-minerals-extends-private-placement\/"},"modified":"2025-10-09T15:58:40","modified_gmt":"2025-10-09T15:58:40","slug":"earthwise-minerals-extends-private-placement","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2025\/10\/09\/earthwise-minerals-extends-private-placement\/","title":{"rendered":"Earthwise Minerals Extends Private Placement"},"content":{"rendered":"<\/p>\n

Earthwise Minerals Corp. (CSE:WISE)(FSE:966) (\u2018Earthwise<\/strong>\u2018 or the \u2018Company<\/strong>\u2018) announces that it will extend the terms of the private placement previously announced August 13, 2025. Earthwise intends to complete a non-brokered private placement financing (the \u2018Offering<\/strong>\u2018) of up to 7,500,000 flow through units (\u2018FT Units<\/strong>\u2018) at a price of $0.02 per share and up to 2,500,000 non-flow through units (\u2018NFT Units<\/strong>\u2018) at a price of $0.02 per unit for gross proceeds of up to $200,000.<\/p>\n

Each NFT Unit shall consist of one common share in the authorized share structure of the Company (\u2018NFT Share\u2019) and one common share purchase warrant (\u2018NFT Warrant\u2019). Each NFT Warrant will entitle the holder thereof to purchase one common share at an exercise price of $0.05 for a period of 24 months from the date of issuance.<\/p>\n

Each FT Unit shall consist of one common share in the authorized share structure of the Company (\u2018FT Share\u2019) and one half of one common share purchase warrant (\u2018NFT Warrant\u2019). The FT Shares are intended to qualify as \u2018flow-through shares\u2019 within the meaning of the Income Tax Act (Canada) (the \u2018Tax Act\u2019). The gross proceeds from the sale of the FT Shares will be used to incur \u2018Canadian exploration expenses\u2019 that are intended to qualify as \u2018flow-through mining expenditures\u2019 as those terms are defined in the Tax Act, which the Company intends to renounce to the purchasers of the FT Shares.<\/p>\n

Completion of the Offering is subject to customary conditions, including regulatory approvals. All securities issued in connection with the Offering will be subject to a statutory hold period of four months and one day from the Closing Date.<\/p>\n

The proceeds from the FT Offering will be used to advance the Company\u2019s exploration activities and continue unlocking value at the Iron Range Gold Property in British Columbia. The Company intends to use the proceeds from the NFT Offering for general working capital.<\/p>\n

The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, or any U.S. state securities laws, and may not be offered or sold in the United States absent registration or available exemptions from such registration requirements. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States, or in any jurisdiction in which such offer, solicitation or sale would be unlawful<\/p>\n

About Earthwise Minerals<\/strong><\/p>\n

Earthwise Minerals Corp. (CSE:WISE)(FSE:966) is a Canadian junior exploration company focused on advancing the Iron Range Gold Project in southeastern British Columbia near Creston, B.C. The Company holds an option to earn up to an 80% interest in the fully permitted project, which is road-accessible and situated within a prolific mineralized corridor. The property covers a 10 km x 32 km area along the Iron Range Fault System and hosts multiple high-grade gold showings and large-scale geophysical and geochemical anomalies.<\/p>\n

For more information, visit www.earthwiseminerals.com.<\/p>\n

EARTHWISE MINERALS CORP.,
ON BEHALF OF THE BOARD
\u2018Mark Luchinski\u2019<\/em><\/p>\n

Contact Information:<\/strong>
Mark Luchinski
Chief Executive Officer, Director
Telephone: (604) 506-6201
Email: luch@luchccorp.com<\/p>\n

Forward Looking Statements<\/strong><\/em><\/p>\n

This news release includes statements that constitute \u2018forward-looking information\u2019 as defined under Canadian securities laws (\u2018forward-looking statements\u2019) including, without limitation, statements respecting the Offering and the intended use of proceeds therefrom. Statements regarding future plans and objectives of the Company are forward looking statements that involve various degrees of risk. Forward-looking statements reflect management\u2019s current views with respect to possible future events and conditions and, by their nature, are subject to known and unknown risks and uncertainties, both general and specific to the Company. Although the Company believes the expectations expressed in its forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance, and actual outcomes may differ materially from those in forward-looking statements. Additional information regarding the various risks and uncertainties facing the Company are described in greater detail in the \u2018Risk Factors\u2019 section of the Company\u2019s annual management\u2019s discussion and analysis and other continuous disclosure documents filed with the Canadian securities regulatory authorities which are available at www.sedarplus.ca. The Company undertakes no obligation to update forward-looking information except as required by applicable law. The reader is cautioned not to place undue reliance on forward-looking statements.<\/em><\/p>\n

For more information, please contact Mark Luchinski, Chief Executive Officer and Director, at <\/em>luch@luchccorp.com<\/em> or (604) 506-6201.<\/em><\/p>\n

Source<\/p>\n

Click here to connect with Earthwise Minerals Corp. (CSE:WISE)(FSE:966) to receive an Investor Presentation<\/p>\n<\/p>\n

This post appeared first on investingnews.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Earthwise Minerals Corp. (CSE:WISE)(FSE:966) (\u2018Earthwise\u2018 or the \u2018Company\u2018) announces that it will extend the terms of the private placement previously announced August 13, 2025. Earthwise intends to complete a non-brokered private placement financing (the \u2018Offering\u2018) of up to 7,500,000 flow through units (\u2018FT Units\u2018) at a price of $0.02 per share and up to 2,500,000 […]<\/p>\n","protected":false},"author":0,"featured_media":21470,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-21469","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/21469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=21469"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/21469\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/21470"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=21469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=21469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=21469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}