Adelayde Exploration Announces Private Placement Financing
Adelayde Exploration Inc. announced on November 12, 2025, it will launch two private placement offerings, aiming to raise up to $1 million in flow-through funds and $1.5 million in non-flow-through funds.
Vancouver, BC – Adelayde Exploration Inc. announced on November 12, 2025, plans for two non-brokered private placement offerings. The company aims to raise up to CAD $1 million through flow-through units at $0.13 per unit and up to CAD $1.5 million through non-flow-through units at $0.10 per unit. Funds from the flow-through offering will be allocated to existing properties in Canada, while net proceeds from the non-flow-through placement will support general working capital.
Each flow-through unit will consist of one flow-through common share and one transferable share purchase warrant. These warrants will allow the holder to purchase one non-flow-through common share at $0.25 for a period of two years. Each non-flow-through unit will comprise one common share and one transferable share purchase warrant, exercisable at $0.20 for a term of five years.
All securities issued under these placements will be subject to a statutory hold period of four months and one day following the closing. The company may pay finder's fees to eligible finders in connection with the private placements.
Adelayde Exploration Inc. is engaged in the exploration and development of mineral properties. Its portfolio includes three lithium projects in Clayton Valley, Nevada, a gold prospect, and projects for antimony and tungsten in Nevada and New Brunswick.