BCM Resources Corp. Announces Warrant Expiry Acceleration
BCM Resources Corp. Announces Warrant
Expiry Acceleration
Vancouver, British Columbia--(Newsfile Corp. - September 9, 2026) - BCM Resources Corporation
(TSXV: B) ("BCM" or the "Company") is pleased to provide Notice of the accelerated expiry date of the
common
share purchase warrants ("Warrants")
issued by the Company on February 10, 2026.
On February 10, 2026, in connection with a private placement financing completed as part of its listing
on the TSX Venture Exchange (the "TSXV"), the Company issued
35,900,000 Warrants
entitling the
holders thereof (each, a "Warrant Holder") to purchase fully paid and non-assessable common shares of
the Company
("Common Shares") at an exercise price of CAD $0.30
per Common Share until
February 10, 2027, (the "Expiry Date"), subject to the Accelerated Expiry Date (as defined herein).
Pursuant to the terms of the Warrant, if after four months and one day from the closing, and the closing
share price on the TSX Venture Exchange is $0.45 or higher for 20 consecutive trading days, the Issuer
will be entitled to Accelerate the Expiration of the warrants to the date that is 30 business days from the
date of the issuance of a news release by the Company announcing the exercise of the acceleration
clause.
The Company hereby advises that the acceleration trigger has been met. Specifically, the closing price
of the Common Shares on the TSX Venture has equaled or exceeded CAD $0.45 for the period of 20
consecutive trading days ending on September 8, 2026. Accordingly, the Company hereby accelerates
the Expiry Date of the Warrants.
The Accelerated Expiry Date shall be October 23, 2026 (being 30
business days following the date of this notice)
. All Warrants that remain unexercised after 5:00
p.m. (Vancouver time) on the Accelerated Expiry Date will expire and become void and of no further
force or effect.
When all 35,900,000 Warrants are exercised for 35,900,000 Common Shares, the Company will receive
gross proceeds of approximately CAD $10,770,000 upon payment of the exercise thereof.
This
Company plans to use the proceeds to pursue aggressive exploration at its Thompson Knolls porphyry-
skarn discovery.
About BCM Resources Corporation
BCM Resources is a diversified Canadian mineral exploration company primarily focused on advancing
exploration of its 100% controlled Thompson Knolls Porphyry Cu, Au, Ag, Mo discovery. The Company
also controls prospective Copper, Gold, and Molybdenum exploration projects in BC and Utah. The
Company is managed by experienced and successful board members and advisors. For further
information, including area maps, sections, and photos, please visit our website at
www.bcmresources.com
or contact us by e-mail at
.
ON BEHALF OF BCM RESOURCES CORP.
"Dale McClanaghan"
Chief Finance Officer
For further information, please contact:
Investor Relations, Telephone: +1 (604) 646-0144, ext. 221
www.bcmresources.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Caution Concerning Forward-Looking Statements
:
This news release and related texts and images on BCM's website contain certain "forward-looking
statements" including, but not limited to, statements relating to the interpretation of mineralization
potential, drilling and assay results, future exploration work, and the anticipated results of this work.
Forward-looking statements are statements that are not historical facts and are subject to a variety of
risks and uncertainties which could cause actual events or results to differ materially from those reflected
in the forward-looking statements, including, without limitation: risks related to fluctuations in metals
prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner
and on acceptable terms; changes in planned work resulting from weather, logistical, technical,
governmental, social, or other factors; the possibility that results of work will not fulfill expectations and
realize the perceived potential of the Company's projects; uncertainties involved in the interpretation of
sampling and drilling results and other tests; the possibility that required permits and access agreements
may not be obtained in a timely manner; risk of accidents, equipment breakdowns or other unanticipated
difficulties or interruptions, and; the possibility of cost overruns or unanticipated expenses in these
exploration programs.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/313538