NVRO Metals Announces Private Placement of Up to C$ 35 Million

• NVRO Metals plans a best-efforts private placement of up to 269,231,000 units at C$ 0.13 each, raising C$ 35 million.
• A 15% agents’ option could increase gross proceeds to approximately C$ 40.25 million.
• Each unit includes one common share and one common share purchase warrant exercisable at C$ 0.18 for 36 months following closing.
• Net proceeds will fund the acquisition of Northern Territories Resources, transaction expenses, working capital and general corporate purposes.
• Closing is expected around October 27, 2026, subject to regulatory approvals and acquisition-related closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NVRO Metals Ltd. published the original content used to generate this news brief via CNW (Ref. ID: 202610200700CANADANWCANADAPR_C1136) on October 20, 2026, and is solely responsible for the information contained therein.