Yukon Metals is raising up to C$5M through a private placement offering with Cormark Securities and Canaccord Genuity.

From GlobeNewswire: 2025-03-26 21:26:00

Yukon Metals Corp. has entered into an agreement with Cormark Securities Inc. and Canaccord Genuity Corp. for a private placement offering of up to C$5 million, consisting of 9,090,909 units at C$0.55 per unit. An option is granted to increase the offering by up to C$3,000,000. The offering is for purchasers in Canada and other qualifying jurisdictions, with the possibility of offering in the United States and other jurisdictions. The net proceeds will be used for working capital and general corporate purposes. The offering is expected to close on or about April 9, 2025, subject to customary conditions and regulatory approvals.

Yukon Metals Corp. is well financed and focuses on copper-gold and silver-lead-zinc assets in the Yukon. The region ranks 10th for mineral potential and has a skilled local workforce. The company aims for sustainable growth, prosperity in local communities, and stakeholder value. Forward-looking statements caution investors of risks and uncertainties, including regulatory approvals, market fluctuations, and the company’s ability to implement business strategies. The company believes in reasonable assumptions for its expectations but does not guarantee future performance.



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