On October 9, 2025, 1555489 B.C. Ltd., a wholly-owned subsidiary of Fuerte Metals Corporation, completed a private placement offering of 34,848,485 subscription receipts at a price of $1.65 per subscription receipt for gross proceeds of approximately $57.5 million.
The offering was conducted through Stifel Canada and BMO Capital Markets, as co-lead agents and joint bookrunners, along with a syndicate of agents including National Bank Financial Inc., Desjardins Capital Markets and Ventum Financial Corp.
Cassels acted for the agents.