Blue Moon Metals Inc. (TSXV:MOON) stock forum
Financings this week: 17–23 October 2026
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Closed amounts and announced targets as the companies stated them, each block ranked by size in US dollars, with the raise as a share of market cap. Each entry is summarised from the company's own release or exchange announcement.
Closed
1. Blue Moon Metals Inc. (TSXV: MOON): C$35.0M non-brokered placement · 5.5% of market cap
A C$35,000,000 non-brokered private placement with The Elmet Group has closed, with Blue Moon Metals Inc. issuing 3,500,000 units at C$10.00 per unit. Each unit consists of one common share and one common share purchase warrant exercisable at $10.80 for three years following closing. The placement remains subject to final approval of the TSX Venture Exchange.
The net proceeds will be used solely to fund the development of the Springer Project.
Read the release · Blue Moon Metals Inc. on OreStocks
2. Pirate Gold Corp. (TSXV: YARR): C$13.6M brokered placement · 18% of market cap
A $13,609,430 brokered private placement has closed for Pirate Gold Corp., with Canaccord Genuity Corp. and a syndicate of agents acting as agents. The offering comprised 48,277,000 flow-through common shares at $0.215 per share and 13,050,000 special flow-through common shares at $0.2475 per share. The agents received 3,679,620 non-transferable broker warrants, each exercisable for one common share at $0.215 for 24 months following closing; the offering remains subject to final approval of the TSX Venture Exchange.
The gross proceeds will fund eligible Canadian exploration expenses qualifying as flow-through mining expenditures on the Treasure Island Project on or before December 31, 2027. These expenditures will be renounced in favour of subscribers with an effective date no later than December 31, 2026.
Read the release · Pirate Gold Corp. on OreStocks
3. Sun Peak Metals Corp. (TSXV: PEAK): C$11.4M non-brokered placement · 17% of market cap
A non-brokered private placement raised $11,398,762 for Sun Peak Metals Corp. through 28,496,907 units at $0.40 per unit, with the final tranche closing on October 16, 2026. Each unit comprises one common share and one-half of one warrant, with each whole warrant exercisable at $0.55 for two (2) years from the applicable tranche’s closing, subject to an accelerated expiry provision. The offering remains subject to final acceptance of the TSXV.
The net proceeds will fund exploration on the company’s projects in the Kingdom of Saudi Arabia and Ethiopia, the costs of the offering and general working capital.
Read the release · Sun Peak Metals Corp. on OreStocks
4. ATERRA Metals Inc. (CSE: ATC): C$8.4M brokered placement · 48% of market cap
A C$8.4M brokered placement has closed, with ATERRA Metals Inc. issuing 139,250,000 shares at C$0.06 per share. Research Capital Corporation acted as lead agent and sole bookrunner, with Desjardins Capital Markets as agent.
The proceeds are to advance the Phase II exploration program at its Totora Copper-Gold Project in Chile, and for general working capital and corporate purposes.
Read the announcement · ATERRA Metals Inc. on OreStocks
5. Future Fuels Inc. (TSXV: FTUR): C$6.6M brokered placement · 21% of market cap
A C$6,569,426 brokered private placement closed for Future Fuels Inc., comprising 6,342,750 units at C$0.32 per unit and 11,946,700 flow-through units at C$0.38 per flow-through unit. Each unit includes one common share and one warrant, while each flow-through unit includes one flow-through share and one-half of one warrant; each whole warrant is exercisable at C$0.45 on or before October 22, 2029, with unit warrants not exercisable until December 22, 2026. Red Cloud Securities Inc. acted as sole agent and bookrunner, and the offering remains subject to final approval of the TSX Venture Exchange.
Net proceeds from the units are intended for exploration of the Hornby Basin Project, working capital and general corporate purposes. Gross proceeds from the FT Shares will fund eligible Canadian exploration expenses qualifying as flow-through critical mineral mining expenditures related to the company's projects on or before December 31, 2027, with those expenditures renounced in favour of subscribers effective December 31, 2026.
Read the release · Future Fuels Inc. on OreStocks
Announced, not yet closed
1. NVRO Metals Limited (TSXV: NVRO): C$35.0M brokered placement at C$0.13 with warrants · 52% of market cap
Up to C$35 million is targeted through an announced, not-yet-closed unit financing by NVRO Metals Limited at C$0.13 per unit, including a best-efforts brokered placement and a concurrent non-brokered placement. Each unit comprises one common share and one warrant exercisable at C$0.18 per share for 36 months following closing. ATB Cormark Capital Markets and Cantor Fitzgerald Canada Corporation are the co-lead agents and joint bookrunners.
Net proceeds are intended to fund the acquisition of Northern Territories Resources Pty Ltd, transaction expenses, working capital and general corporate purposes. Closing is expected on or about October 27, 2026, subject to regulatory approvals, including conditional approval of the TSX Venture Exchange, and satisfaction of the closing conditions in the deed of company arrangement.
Read the release · NVRO Metals Limited on OreStocks
2. Entree Resources Ltd. (TSX: ETG): C$31.9M non-brokered placement at C$2.90 with warrants · 5.5% of market cap
A non-brokered private placement targeting up to C$31,900,000 has been announced by Entrée Resources Ltd., comprising up to 11,000,000 units at C$2.90 per Unit. Each Unit will consist of one common share and one common share purchase warrant exercisable at C$3.95 for three years following the date of issuance. An affiliate of the Tether group of companies is participating as a strategic investor; the placement has not yet closed.
Net proceeds are expected to fund general corporate purposes, including an updated Technical Report, an increased presence in Mongolia, and potentially refunding a portion of the deposit and reducing metal credits under the Equity Participation and Funding Agreement with International Royalty Corporation upon resolution of all outstanding issues in Mongolia. Closing is anticipated in the fourth quarter of 2026, subject to all necessary regulatory approvals, including acceptance by the Toronto Stock Exchange.
Read the release · Entree Resources Ltd. on OreStocks
3. Hercules Metals Corp (TSXV: BIG): C$30.0M bought deal at C$0.87 · 8.4% of market cap
A $30,015,000 bought-deal private placement announced by Hercules Metals Corp. remains unclosed, comprising 34,500,000 common shares at $0.87 per share. Canaccord Genuity Corp. and BMO Capital Markets are joint bookrunners. The underwriters have an option to purchase up to an additional 5,200,000 common shares at the offering price for additional gross proceeds of up to $4,524,000, exercisable up to 48 hours prior to closing.
The net proceeds will be used to advance the Hercules Project, as well as for working capital and general corporate purposes. Closing is anticipated on or about November 12, 2026, subject to conditions including applicable regulatory approvals and conditional approval of the TSX Venture Exchange.
Read the release · Hercules Metals Corp on OreStocks
4. Kenorland Minerals Ltd. (TSXV: KLD): C$11.0M non-brokered placement at C$2.10 · 6.4% of market cap
A non-brokered private placement for gross proceeds of up to CAD $11,000,000 has been announced by Kenorland Minerals Ltd. and has not yet closed. The offering comprises up to 5,238,095 common shares at $2.10 per share. An over-allotment option allows for up to 2,508,002 additional shares for additional gross proceeds of $5,266,804.
Proceeds will fund exploration activities on the existing project portfolio, potential future property acquisitions and general working capital. Closing is expected on or about November 3, 2026, or another date the company determines, subject to conditions including approval of the TSX Venture Exchange; the financing may close in multiple tranches.
Read the release · Kenorland Minerals Ltd. on OreStocks
5. BOA Resources Ltd (ASX: BOA): A$9.2M brokered placement at A$0.105 · 17% of market cap
A brokered placement targeting A$9.2M at A$0.105 per security was announced by BOA Resources Ltd on 2026-10-22 and has not yet closed. BW Equities and Cygnet Capital are Joint Lead Managers, with Bell Potter Securities as Co-Manager.
Proceeds are intended for drilling at Neds Creek including Ricci Lee, Thaduna and Rooneys; heritage, exploration studies, geological support and tenement costs; and additional drilling targets including Green Dragon. Funds are also intended for corporate administration, working capital and placement costs.
Read the announcement · BOA Resources Ltd on OreStocks
Terms, agents and documents for every financing are in the capital terminal. Figures are the companies' own and this is general information, not investment advice.
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