Bolt Metals successfully closes second tranche of LIFE Offering and completes Unit private placement

On November 28, 2025, Canadian mineral‑exploration firm Bolt Metals Corp. (TSXV: BOLT; OTC: PCRCF; FSE: A3D8AK) announced it has closed the second tranche of its previously announced non‑brokered Listed Issuer Financing Exemption (“LIFE”) Offering — issuing 350,000 LIFE Units at C$0.20 each for aggregate gross proceeds of C$70,000. Each LIFE Unit includes one common share and one warrant, with the warrant exercisable at C$0.40 per share for 24 months (becoming exercisable 60 days after closing). In addition, Bolt completed a non‑brokered Unit Private Placement (“Unit Offering”), issuing 15,000,000 units at C$0.20 each for total gross proceeds of C$3,000,000. Each Unit likewise contains one common share and one warrant that allows the holder to buy an additional share at C$0.40 within 36 months of issuance. As a result of these transactions — together with the first tranche of the LIFE Offering closed on November 19, which raised C$430,000 — the company has now raised a total of approximately C$3,500,000. Bolt also paid aggregate cash finder’s fees of C$129,540 and issued 641,500 finder’s warrants, each convertible into one common share at C$0.20 within 24 months. The firm said it plans to use the net proceeds for general working capital and corporate purposes as it continues its search for high‑potential precious and base metal properties. #BoltMetals #MiningFinance #PrivatePlacement #JuniorMiner #SlimScan #GrowthStocks #CANSLIM