08:04 AM EDT, 04/19/2024 (MT Newswires) -- Vortex Metals ( VMSSF ) , which fell 9.5% in Canada yesterday, said Friday that it has sought approval from the TSX Venture Exchange to increase its private placement to almost $1.8 million from the previously announced $1.5 million.

The offering comprises about 19.4 million units at $0.09 apiece.

Each unit includes one common share and one-half of one non-transferable common share purchase warrant. Each warrant is exercisable by the holder to buy one additional common share for 24 months from the date of issuance at $0.135 per warrant share. The stock closed at $0.10 yesterday.