On July 29, 2025, Germanium Mining Corp closed the transaction. The company issued 1,750,000 units at a price of CAD 0.10 per unit for gross proceeds of up to CAD 175,000. Each unit consists of one common share and one transferable common share purchase warrant.
Each warrant entitles the holder to purchase one additional share of the company at a price of CAD 0.12 per share for a period of 24 months from the date of issuance. All securities issued pursuant to the private placement will be subject to a statutory hold period of four months and one day as required under applicable securities legislation.
