11:59 AM EDT, 08/22/2025 (MT Newswires) -- XXIX Metal ( QCCUF ) on Friday said it closed a best-efforts private placement offering, raising $6 million.

The company issued 24.8-million Ontario charity flow-through units at $0.121 per Ontario FT unit and 22.7-million Quebec charity flow-through units at $0.132 per Quebec FT unit.

Each Ontario FT unit and Quebec FT unit consists of a share and one half of a three-year warrant to buy one non-flow-through for $0.12.

Shares of the company were last seen down $0.005 at $0.075 on the TSX Venture Exchange.

Price: 0.08, Change: -0.01, Percent Change: -6.25