GreenLight Metals Raising C$10 Million in a Bought-Deal Share Offering-February 2024-www.financetom.com

GreenLight Metals Raising C$10 Million in a Bought-Deal Share Offering

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GreenLight Metals Raising C$10 Million in a Bought-Deal Share Offering

Nov 4, 2025 1:42 PM

04:16 PM EST, 11/04/2025 (MT Newswires) -- GreenLight Metals ( GRLMF ) on Tuesday said it is raising C$10 million in a bought-deal private placement of shares.

The company is selling an underwriting syndicate 28.6-million shares at priced at C$0.35 per share, while granting an over-allotment option for underwriters to buy up to 15% more shares.

Proceeds will fund development at the Bend Project and exploration on the Penokean VMS Belt in Wisconsin, as well as property payments and general corporate purposes, the company added.

Greenlight shares closed up $0.005 to $0.395 on the TSX Venture Exchange.

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