Brutus Mining Announces Closing of $3.0 Million Private Placement Financings
VANCOUVER, British Columbia, Oct. 13, 2026 (GLOBE NEWSWIRE) — Brutus Mining Inc. (“Brutus” or the “Company”) (CSE: BRU) (FSE: ZI3) is pleased to announce that it has closed its non-brokered private placements previously announced on September 21, 2026 (together, the “Offerings”) for aggregate gross proceeds of $2,998,725.05. The Company issued 5,710,643 units (each, a “Unit”) […]
Brutus Mining Inc. (CSE:BRU) has successfully closed a non-brokered private placement for aggregate gross proceeds of C$3 million. The company issued 5,710,643 units at C$0.35 per unit, comprising one common share and one transferable warrant, and 2,500,000 flow-through units at C$0.40 per unit, also comprising a common share and a flow-through warrant.
The proceeds from the sale will be used for exploration on the CW Property, evaluation of new project opportunities, and general working capital purposes. The findings and warrants issued to finders will be subject to a hold period of four months and one day.
Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Brutus Mining closes private placement for C$3 million investing.com