Alex Metals to Commence Trading on TSXV Under Symbol 'ALX' Following $12.2 Million Go-Public Financings, Announces Closing of Additional Financing for $3.9 Million
Alex Metals Corp. began trading on the TSX Venture Exchange under the symbol ALX on September 22, 2026, following go-public financings that raised approximately C$16.1 million in aggregate gross proceeds. The company simultaneously closed a non-brokered private placement of 5,526,999 shares at $0.70 for $3,868,899 in gross proceeds, with insiders subscribing $116,200 (about 3% of proceeds); trading resumes after a halt pending closing, expected September 25. Alex Metals is a pre-revenue explorer targeting precious metals-rich VMS deposits across three projects in Southeast Alaska, including the KSO and Wodski projects.
Key figures
- Finders fees
- 92298
- Options granted
- 3350000
- Option term years
- 5
- Kso project area ha
- 568.9
- Insider subscription
- 116200
- Option exercise price
- 0.7
- Wodski project area ha
- 1493
- Private placement price
- 0.7
- Gross go public proceeds
- approximately C$16.1 million
- Private placement shares
- 5526999
- Private placement proceeds
- 3868899
AI analysis
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