Fidelity Minerals closes upsized C$ 1 million private placement at C$ 0.2 per unit

Reuters2026/08/20 22:40

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Fidelity Minerals closed an upsized non-brokered private placement of 5,000,000 units at C$ 0.2, raising C$ 1 million.
Each unit includes one share, one-half transferable warrant exercisable at C$ 0.3 through Aug. 20, 2028.
Warrant expiry can be accelerated if the shares close at or above C$ 0.6 for 10 consecutive sessions.
A director subscribed for 461,250 units; cash finders’ fees totaled C$ 55,650 with 278,250 finder warrants issued.
Proceeds earmarked for Peru exploration, community relations programs, general working capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fidelity Minerals Corp. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202608201840TNWSWRCACNPR_____1BNMFgaOe) on August 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Fidelity Minerals closes upsized C$ 1 million private placement at C$ 0.2 per unit

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