Trailbreaker Resources Announces Flow-Through Financing up to $3M
TRAILBREAKER RESOURCES ANNOUNCES FLOW-THROUGH FINANCING UP TO $3M
February 26, 2026 – Trailbreaker Resources Ltd. ( TBK.V) (“Trailbreaker” or “the Company” ) today
announces a non-brokered structured private placement offering (the “Offering”), to consist of the sale
of the following securities:
a. up to 2,142,857 CMETC flow-through units (“CMETC FT Units”) at a price of $0.56 per CMETC FT
Unit, to raise gross proceeds of up to $1.2 million, to fund critical minerals exploration expenses ,
each CMETC FT Unit consisting of 1 CMETC FT common share and ½ of a common share purchase
warrant, each of which will qualify as a "flow-through share" within the meaning of subsection
66(15) of the Income Tax Act (Canada) (the "Tax Act"). Each full warrant is exercisable at $0.50 for
24 months from the date of issue for one non-flow-through common share; and
b. up to 3,600,000 flow-through units (“FT Units”) at a price of $0.50 per FT U nit to raise gross
proceeds of up to $1.8 million, each FT Unit consisting of 1 FT common share and ½ of a common
share purchase warrant, each of which will qualify as a "flow-through share" within the meaning
of subsection 66(15) of the Tax Act. Each full warrant is exercisable at $0.50 for 24 months from
the date of issue for one non-flow-through common share.
All of the FT Units and CMETC FT Units issued pursuant to the Offering, which is subject to TSX Venture
Exchange acceptance, will be subject to a hold period in Canada of four months plus one day from closing.
The Company will use an amount equal to the gross proceeds received by the Company from the sale of
the FT Units and CMETC FT Units , pursuant to the provisions in the Tax Act, to incur eligible “Canadian
exploration expenses” that qualify , in the case of the FT Units, as “flow-through mining expenditures”
within the meaning of the Tax Act, and, in the case of the CMETC FT Units, as “flow-through critical mineral
mining expenditures” within the meaning of the Tax Act, and, in each case, for FT Units and CMETC FT
Units purchased by eligible British Columbia purchasers, as "BC flow -through mining expenditures" that
meet the criteria set forth in subsection 4.721(1) of the Income Tax Act (British Columbia), in respect of
the exploration activities on the Company's properties in British Columbia (the “Qualifying Expenditures”).
The Qualifying Expenditures will be incurred on or before December 31, 20 27, and renounce d by the
Company to the initial purchasers of the FT Units and CMETC FT Units effective December 31, 2026.
The proceeds of the Private Placement will be used to advance the Company’s various exploration
projects.
TSX-V: TBK
APRAF.PK
Frankfurt:KCG1
TRAILBREAKER RESOURCES LTD.
650 W. Georgia Street, #2110
Vancouver, British Columbia
Canada, V6B 4N8
Telephone: 604 681 1820
Facsimile: 604 681 1864
https://www.TrailbreakerResources.com
https://twitter.com/TrailbreakerLtd.
ON BEHALF OF THE BOARD
Daithi Mac Gearailt
President and Chief Executive Officer
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.