Halcones to Raise Funds for Gold-Silver Projects
News related to:Halcones Precious Metals Corp · 2 min read
TORONTO, Oct. 08, 2026 /CourierPR/ -- Halcones Precious Metals Corp., a company focused on exploring for and developing gold-silver projects in the Maricunga Belt, Chile, has announced a non-brokered private placement financing of up to 20,000,000 units (the “Units”) for gross proceeds of up to $1,000,000 (the “Offering”). The Offering will be priced at $0.05 per Unit and is expected to close on or about October 15, 2026, subject to approval from the TSX Venture Exchange.
The Units will consist of one common share in the capital of the Company (each a “Common Share”) and one Common Share purchase warrant (each, a “Warrant”). Each Warrant will entitle the holder to purchase one Common Share at an exercise price of $0.05 per Common Share for a period of 24 months following the completion of the Offering. Securities issued under the Offering are expected to carry a hold period of 4 months and one day from the date of issue as may be required under applicable securities laws.
The Company plans to use the aggregate net proceeds of the Offering to obtain the surface rights to the Polaris project, continue the exploration work on its Polaris project, and for general corporate working capital purposes. The Offering is scheduled to close on or about October 15, 2026 and is subject to approval of the TSX Venture Exchange.
Halcones Precious Metals Corp. is a company focused on the exploration and development of gold-silver projects in the Maricunga Belt, Chile. The company has a team with a strong background in exploration success in the region. The company has announced a non-brokered private placement financing of up to 20,000,000 units for gross proceeds of up to $1,000,000. The units will consist of one common share and one warrant, with the proceeds to be used for the acquisition of surface rights to the Polaris project and for general corporate working capital purposes. The Offering is expected to close on or about October 15, 2026, subject to approval from the TSX Venture Exchange.