On April 9, 2025, Yukon Metals Corp. completed a best efforts private placement of 20,409,090 units at a price of $0.55 per unit for aggregate gross proceeds of approximately $11.2 million, including the partial exercise of the agents’ option. Part of the offering was conducted under the listed issuer financing exemption (LIFE) for maximum allowable gross proceeds of $5 million.
The offering was conducted by a syndicate of agents co-led by Cormark Securities Inc. and Canaccord Genuity Corp.
Cassels acted for Yukon Metals.