Cameo Resources closes first tranche of private placement, raises $616,720

Reuters2026/09/03 01:11

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Cameo Resources accepted subscriptions for 4,124,800 units, raising $616,720 in a first closing of a non-brokered private placement.
Each unit includes one common share, plus one-half warrant exercisable at $0.30 for two years.
Warrant expiry can be accelerated on 30 days’ notice if shares trade at $0.45 for 10 trading days.
Proceeds earmarked for drilling, marketing, plus working capital at the Katoro Gold Property in Tanzania.
Securities from the closing carry a hold period ending Jan. 3, 2027.

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. Cameo Resources Inc. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202609022110TNWSWRCACNPR_____1AdyFYXnx) on September 03, 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.

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Cameo Resources closes first tranche of private placement, raises $616,720

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