About TECT

Founded: 2017
Employees: n/a
CEO: Antonio Reda
WebsiteView website: www.tectonicmetals.com

Tectonic Metals Inc. engages in the acquisition, exploration, and development of mineral resources in the United States. It primarily explores gold deposits. The company’s flagship project is its 100% owned Flat Gold Property covering an area of approximately 99,840 acres located in Southwest Alaska. Tectonic Metals Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada.

Recent TECT News & Updates

Announcement • Feb 11

Tectonic Metals Inc. announced that it expects to receive CAD 40.00075 million in funding

Tectonic Metals Inc. announced that it has entered into an agreement with 3L Capital to offer private placement of 18,605,000 common shares at the price of CAD 2.15 for the gross proceeds of CAD 40,000,750 on February 10, 2026. The agreement with 3L Capital, on behalf of itself, BMO Capital Markets and SCP Resource Finance LP as co-lead agents and joint bookrunners the Lead Agents on behalf of a syndicate of agents collectively, the Agents, in connection with a brokered best efforts. The Company has agreed to grant the Agents an option to increase the size of the Offering by up to an additional 15% of the Common Shares sold under the Offering, exercisable in whole or in part, at any time and from time to time up to 48 hours prior to the closing of the Offering. The Company has agreed to pay the Agents a cash commission cash fee equal to 6.0% of the gross proceeds from the Offering including any exercise of the Agents Option provided that the Cash Fee shall be reduced to 2.0% on certain president’s list purchases. Offering is expected to close on or about February 24, 2026. Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange. All the securities issued under the offering is subject to hold period of 4 months and one day from the date of issuance.

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About TECT

Recent TECT News & Updates

We're Not Very Worried About Tectonic Metals' (CVE:TECT) Cash Burn Rate

Tectonic Metals Inc. announced that it has received CAD 92.033975 million in funding from Crescat Portfolio Management LLC and other investors.

Tectonic Metals Inc. announced that it expects to receive CAD 40.00075 million in funding

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