02:43 PM EDT, 08/13/2025 (MT Newswires) -- Adyton Resources ( ADYRF ) was up 14% at last look on Wednesday as it completed a $14 million brokered private placement of units and a concurrent $6 million non-brokered private placement of units, totaling $20 million in proceeds.
A statement noted the brokered private placement financing involved issuance of 35 million units at $0.40 apiece and the non-brokered private placement financing comprised issuance of 15 million units (NB units} at $0.40 each.
Each unit consists of one common share and one-half of one common share purchase warrant. Each Warrant entitles the holder to purchase one share at a price of $0.60 for a period of 24 months following the date of closing. The NB Units have the same terms as the units.
Shares of the company were last seen up $0.05 at $0.40 on the TSX Venture Exchange.
Price: 0.40, Change: +0.05, Percent Change: +14.29