Toronto, Ontario–(Newsfile Corp. – July 2, 2025) – NINE MILE METALS LTD. NINE (OTC Pink: VMSXF) (FSE: KQ9) (the “Company” or “Nine Mile“) announces its intention to complete a new Flow-through (“FT”) and Non-flow-through (“NFT”) private placement for proceeds of up to $400,000 (the “Private Placement“).
The FT private placement will consist of the sale of up to 12,500,000 units (each a “Unit“) at a price of $0.02 per Unit for gross proceeds up to $250,000. Each Unit will be comprised of one common share (a “Common Share“) and one Common Share purchase warrant (each whole Common Share purchase warrant, a “Warrant“), with each Warrant entitling the holder thereof to acquire one Common Share in the capital of the Company at a price of $0.05 per Common Share for a period of 36 months from the date of issuance.
In consideration for their services in introducing subscribers to the Company under the FT Private Placement, finders may…
