FinEx Metals Completes Oversubscribed Private Placement for Gross Proceeds of $1,671,600
Suite 1210 – 1130 West Pender Street
Vancouver, British Columbia, Canada, V6E 4A4
T +1 (604) 681-9100
FinEx Metals Completes Oversubscribed Private Placement for Gross
Proceeds of $1,671,600
Vancouver, British Columbia, March 23, 2026: FinEx Metals Ltd. (TSX-V: FINX) ("FinEx" or the
"Company") is pleased to announce that further to its news release on February 26, 2026, the
Company has completed an oversubscribed non-brokered private placement (the “Offering”) of
13,930,000 units of the Company (“the Units”) at an issue price of $0.12 per Unit to raise gross
proceeds of $1,671,600. Each Unit is comprised of one common share and one -half of a share
purchase warrant, with each whole warrant exercisable into one further common share at a price
of $0.18 for a term of 24 months.
The Company intends to use the net proceeds from the Offering for exploration of its 100% owned
gold, nickel and PGE projects in northern Finland, including follow‑up work at the Ruoppa and
Kero projects, and for general working capital.
Insiders of the Company purchased a total of 730,265 Units. The participation by insiders in the
Offering constitutes a “related party transaction” within the meaning of Multilateral Instrument
61‑101 – Protection of Minority Security Holders in Special Transactions (“MI 61 ‑101”). The
Company is relying on the exemptions from the formal valuation and minority shareholder
approval requirements of MI 61‑ 101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61‑ 101 as
the fair market value of the securities issued to insiders under the Offering does not exceed 25%
of the Company’s market capitalization.
Cash finder’s fees of $55,560 and 463,000 finder warrants exercisable at $0. 18 per common
share for a 24 -month term were paid on a portion of the Offering. All securities issued are
restricted from trading until July 21, 2026.
About FinEx Metals Ltd.
FinEx Metals Ltd. (TSX‑V: FINX) is a gold, nickel and PGE‑focused mineral exploration company
advancing a portfolio of 100% ‑owned, royalty ‑free projects in northern Finland, strategically
located in the Central Lapland and Eastern Lapland Greenstone Belts. The Company’s projects
are situated near existing mining operations and benefit from excellent infrastructure, a stable
regulatory environment and a proven exploration model in one of Europe’s most prospective and
underexplored regions. For more information, please visit the Company’s website at
www.finexmetals.net.
FinEx Metals is part of the NewQuest Capital Group, a discovery -driven investment group that
builds value through the incubation and financing of mineral projects and companies. Further
information about NewQuest can be found on the company website
at www.nqcapitalgroup.com.
On Behalf of the Board of Directors
Tero Kosonen
Chairman and Chief Executive Officer
+1 (604) 681-9100
2
For further information, please contact:
Brennan Zerb
Investor Relations Manager
+1 (778) 867-5016
Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this news release.
Forward-Looking Statements:
This news release includes certain forward- looking statements and forward- looking information (together,
“forward-looking statements”). All statements other than statements of historical fact included in this
release, including, without limitation, stateme nts regarding the offering, the use of proceeds from the
Offering, other future plans and objectives of the Company are forward- looking statements. There can be
no assurance that such statements will prove to be accurate and actual results and future events may vary
from those anticipated in such statements. Important risk factors that could cause actual results to differ
materially from the Company's plans or expectations include inability to use of proceeds from the O ffering
as expected and risks associated with mineral exploration, including the risk that actual results and timing
of exploration and development will be different from those expected by management. The forward-looking
statements in this news release wer e developed based on the assumptions and expectations of
management, including that the Company will be able to use the proceeds from the Offering as anticipated
as well as the other assumptions disclosed in this news release and that the risks described above will not
materialize. The Company expressly disclaims any intention or obligation to update or revise any forward-
looking statements whether as a result of new information, future events or otherwise, except as otherwise
required by applicable securities legislation.
Readers are cautioned not to place undue reliance on forward- looking statements. The Company
undertakes no obligation to update any of the forward-looking statements, except as otherwise required by
law.