Vancouver, British Columbia–(Newsfile Corp. – November 7, 2025) – Nexcel Metals Corp. NEXX (OTCQB: NXXCF) (FSE: 2OH) (“Nexcel” or the “Company“) is pleased to announce a non-brokered private placement (the “Private Placement“) for aggregate gross proceeds of up to $3,500,000 that will consist of the issuance of a combination of:
- up to 1,190,476 flow-through units of the Company (“FT Units“) at a price of $0.42 per FT Unit; and
- up to 8,571,428 non-flow-through units of the Company (“NFT Units“) at a price of $0.35 per NFT Unit.
Each FT Unit shall consist of one flow-through common share of the Company (a “FT Unit Share“) and one common share purchase warrant (a “FT Unit Warrant“). Each FT Unit Warrant will entitle the holder thereof to purchase one non-flow-through common share of the Company at an exercise price of $0.50 for a period of 24 months from the date of issuance.
Each NFT Unit shall consist of one non-flow-through common…
