Canterra Minerals Corporation has increased the size of its non-brokered flow-through private placement to C$5.7 million, offering Critical Minerals flow-through shares and National flow-through shares. The funds raised will be used for Canadian exploration expenses, with the net proceeds going towards projects in central Newfoundland. The private placement is expected to close on December 23, 2025, subject to TSX Venture Exchange approval. The shares have not been registered under the U.S. Securities Act and cannot be sold to U.S. persons. Canterra Minerals is focused on critical minerals and gold exploration in central Newfoundland, with multiple mineral deposits supporting Mineral Resource Estimates.

Read more at GlobeNewswire: Canterra Minerals Announces Increase to Private Placement