Announcement • Mar 24
Perseverance Metals Inc. announced that it has received CAD 8.215503 million in funding from Teck Resources Limited, NQ Investissement Minier, Altius Minerals Corporation On March 23, 2026, Perseverance Metals Inc. closed the transaction. The company issued 4,623,042 Québec flow-through units at CAD 1.02 per Québec FT Unit for gross proceeds of CAD 4,715,502.84 in it second and final tranche. Together with proceeds from the first tranche, the Company has raised total gross proceeds of CAD 8,215,489.84. The Second Tranche included investments from Teck Resources Limited ("Teck"), a leading Canadian resource company, NQ Investissement Minier ("NQIM"), a regional institutional mining investment fund, and Altius Minerals("Altius"), a diversified minerals royalty company. In connection with the Second Tranche, the Company paid cash commissions of CAD 18,830 to certain finders and issued 21,000 finder's warrants (the "Finder's Warrants"). Each Finder's Warrant entitles the holder thereof to purchase one Share at an exercise price of CAD 0.95 per Share for a period of 36 months from the date of issuance, subject to the Acceleration Clause. All securities issued pursuant to the Second Tranche are subject to a statutory hold period of four months and one day in accordance with applicable securities laws. The closing of the Second Tranche is subject to final approval of the TSXV. Announcement • Feb 25
Perseverance Metals Inc. Announces Chief Financial Officer Changes Perseverance Metals Inc. announced the appointment of Nicholas Furber as Chief Financial Officer of the Company effective February 28, 2026. The Company entered into a consulting agreement with Mr. Furber on February 6, 2026, pursuant to which Mr. Furber will serve as Chief Financial Officer of the Company as an independent contractor. Nicholas Furber will replace Anil Jiwani, who has left his executive role at the Company. Nicholas (Nick) Furber, CA (ICAEW), CFA is senior financial professional with over 25 years of experience providing consulting, management and financial advisory services for private and publicly traded companies, primarily focused on the mining industry. This included 10 years as Chief Financial Officer and Corporate Secretary of Dynasty Metals &Mining Inc. when Dynasty evolved from gold exploration into a producer listed on the Toronto Stock Exchange. Mr. Furber also brings over 10 years of accounting, mergers &acquisitions, valuations and due diligence experience in a variety of industries gained while working at PricewaterhouseCoopers. Mr. Furber was educated in the United Kingdom and has his Chartered Accountant (ICAEW) and Chartered Financial Analyst designations. Announcement • Feb 12
Perseverance Metals Inc. announced that it expects to receive CAD 3 million in funding Perseverance Metals Inc announced a non-brokered private placement to issue 4,615,384 hard dollar units at an issue price of CAD 0.65 for the proceeds of CAD 2,999,999.6 on February 11, 2026. Each HD Unit will be comprised of one common share of the Company and one-half of one common share purchase warrant. Each Warrant will entitle the holder to acquire one additional common share at a price of CAD 0.95 for a period of 36 months from the date of issuance. The Company may pay finder's fees in connection with the Offering. Insiders of the Company may participate in the Offering. Al securities issued pursuant to the Offering will be subject to the approval of the TSX Venture Exchange and a statutory hold period of four months and one day in accordance with applicable securities laws.