1844 Resources Announces Extension of Non- Brokered Private Placement
1844 Resources Announces Extension of Non-
Brokered Private Placement
Saskatoon, Saskatchewan--(Newsfile Corp. - August 24, 2026) -
1844 Resources Inc. (TSXV: EFF)
(
the "
Company
" or "
1844
") announces that, subject to the approval of the TSX Venture Exchange (the
"Exchange"
), it has extended the closing date of its previously announced non-brokered private
placement (the
"Offering"
), originally announced on July 14, 2026, to
September 11, 2026
. As
previously announced by the Company in a news release issued on July 14, 2026, the Offering consists
of flow-through units (the "
Flow-Through Units
") at a price of $0.035
per Flow-Through Unit
and
hard dollar units (the "
Hard Dollar Units
") at a price of $0.03
per Hard Dollar Unit
.
On August 11, 2026, the Company announced the completion of the first tranche of the Offering, pursuant
to which it issued:
14,490,000 Flow-Through Units
for gross proceeds of
$507,150
; and
3,831,666 Hard Dollar Units
for gross proceeds of approximately
$114,950
.
The aggregate gross proceeds raised in the first closing were approximately
$622,100
.
The extension will provide the Company with additional time to complete the
second and final tranche
of the Offering. Completion of the second and final tranche remains subject to receipt of all necessary
regulatory approvals, including acceptance by the Exchange. All securities issued pursuant to the
Offering will be subject to a statutory hold period of four months and one day from their respective dates
of issuance.
All other terms of the Offering remain unchanged and are as disclosed in the Company's news releases
issued on July 14, 2026 and August 11, 2026.
About 1844 Resources Inc.
1844 Resources Inc. is a Canadian mineral exploration company focused on the exploration and
development of copper and other critical mineral projects in the Gaspé Peninsula of Québec. The
Company is advancing its portfolio of properties in a region with a long history of copper production and
significant exploration potential.
For further information, please contact:
Sylvain Laberge
President and Chief Executive Officer
514.702.9841
1844 Resources Inc.
Forward-Looking Statements
This news release contains certain statements that may constitute "forward-looking information" within
the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not
limited to, statements regarding the completion of the second and final tranche of the Offering and the
receipt of regulatory approvals.
Forward-looking information is based on assumptions considered reasonable by management as of the
date such statements are made and is subject to known and unknown risks, uncertainties and other
factors that may cause actual results or events to differ materially from those anticipated. There can be
no assurance that such forward-looking information will prove to be accurate. The Company undertakes
no obligation to update or revise any forward-looking information except as required by applicable
securities laws.
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.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/311321