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Canamera Energy Metals Corp. Announces $1.12 Million Private Placement for Critical Metals Exploration

By Burstable Editorial Team

TL;DR

Canamera Energy Metals offers investors early access to rare earth exploration through a $1.12 million private placement with flow-through tax benefits and warrant upside potential.

Canamera Energy Metals plans to raise up to $1.12 million via a non-brokered private placement of flow-through units priced at $0.56 each, with proceeds funding Canadian exploration expenses.

Canamera Energy Metals' exploration funding supports the development of critical metals needed for clean energy technologies, contributing to a more sustainable future.

Canamera Energy Metals explores rare earth elements across the Americas, targeting underexplored regions with strong geological signatures for high-conviction discoveries.

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Canamera Energy Metals Corp. Announces $1.12 Million Private Placement for Critical Metals Exploration

Canamera Energy Metals Corp. (CSE: EMET) has announced plans to raise up to $1.12 million through a non-brokered private placement. The company intends to issue up to 2,000,000 flow-through units at a price of $0.56 per unit. Each unit will consist of one flow-through common share and one-half of one common share purchase warrant. Whole warrants will be exercisable at $0.65 per share for a period of 36 months from the closing date of the offering.

The proceeds from this private placement are designated for use on qualifying Canadian exploration expenses under the Income Tax Act (Canada). This strategic funding move is subject to customary closing conditions and includes a statutory hold period of four months and one day from the closing date. The offering may involve finder's fees consisting of 6% cash and 6% finder warrants, payable in accordance with the policies of the Canadian Securities Exchange.

This capital raise is significant for Canamera Energy Metals Corp., a company focused on building a portfolio of district-scale rare earth and critical metals exploration opportunities across the Americas. The funding will directly support the advancement of the company's diverse asset base, which is strategically positioned to address growing global demand for these essential materials.

The company's portfolio includes several key projects. In British Columbia, Canamera holds the Mantle project. In Northern Ontario, the company is developing the Garrow rare earth elements project. Another Ontario asset is the Schryburt Lake rare earth and niobium project. In the United States, Canamera operates the Iron Hills critical and rare earth project located in Colorado. The company's international presence includes the Turvolândia and São Sepé rare earth element projects in Brazil. More information about the company's operations can be found at https://canamerametals.com/.

Canamera's exploration strategy targets underexplored regions that exhibit strong geological signatures and are located within supportive jurisdictions. The company employs integrated geochemical, geophysical, and geological datasets to generate and advance what it describes as high-conviction, first-mover exploration targets. The infusion of capital from this private placement will enable the continued application of this methodology across its project portfolio.

The announcement of this financing carries important implications for the critical minerals sector and for investors. Rare earth elements and critical metals are fundamental components in a wide array of modern technologies, including renewable energy systems, electric vehicles, consumer electronics, and defense applications. Securing a stable, diversified supply chain for these materials is a strategic priority for many nations. By funding exploration in jurisdictions across North and South America, Canamera is contributing to efforts to reduce reliance on concentrated sources of supply. The use of flow-through shares incentivizes investment by allowing the company to renounce qualifying exploration expenses to subscribers, providing a tax benefit. This structure is commonly used in Canadian resource financing to stimulate exploration activity. The success of this placement will determine the pace at which Canamera can advance its projects from early-stage exploration toward potential resource definition and development, playing a role in the broader economic and technological landscape dependent on these specialized materials.

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Burstable Editorial Team

Burstable Editorial Team

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