01:05 PM EDT, 09/30/2025 (MT Newswires) -- Domestic Metals ( DMCUF ) shares were last seen down 11% after the company on Tuesday upsized a non-brokered private placement of share units to LIFE (Listed Issuer Financing Exemption) buyers to $4.5 million from $3 million, citing strong investor demand.
The company is offering 16.07 million units in financing, with each priced at $0.28 per unit, and made up of a share and a three-year warrant to buy a second share for $0.40
Proceeds will be used for working capital, exploration and project development costs.
The company's shares were last seen down $0.04 to $0.33 on the TSX Venture Exchange.
Price: 0.33, Change: -0.04, Percent Change: -10.81