Purecore Metals (CSE:PURE) has closed a non-brokered private placement, raising C$1.5 million ($1.51 million) via the issuance of 1.5 million units at C$1 each.
The proceeds will be used to identify, evaluate, and acquire additional mineral properties, as well as working capital and general corporate purposes.
Under the placement, each unit comprised one common share of the company and one transferable common share purchase warrant. The warrants are exercisable for one share at C$2 each, within a three-year period.
Purecore Metals is currently focused on building a diversified portfolio of critical mineral assets.
In June 2026, the company began trading shares on the Frankfurt Stock Exchange under the symbol J8Y. As previously reported, CEO Peter Berdusco said the listing is an “important step” in expanding the company’s visibility beyond Canada.
Write to Aaliyah Rogan at Mining.com.au
Images: Purecore Metals



