Announcement • Jul 08
Visionary Metals Corp. Receives USD 250,000 in Energy Matching Funds from Wyoming Energy Authority Visionary Metals Corp. announced that it has been awarded USD 250,000 in Energy Matching Funds (EMF) by the Wyoming Energy Authority (WEA) on behalf of Governor Mark Gordon. The grant supports geophysical components of the Company's King Solomon and Tin Cup nickel and copper projects in Fremont County Wyoming. The funding will advance ground and borehole electromagnetic (EM) surveys to better define high-priority critical metals targets at King Solomon and Tin Cup. These geophysical methods will refine drill targets for nickel-copper sulfide mineralization. The resulting high-resolution data will also be shared with the Wyoming Geological Survey (WGS) under a 3-year confidentiality period for future public and WGS use, enhancing the broader understanding of Wyoming's critical metals systems. EMF funding enhances geophysics budget in direct support of 2026 drill programs targeting large nickel and copper sulfide targets at King Solomon and Tin Cup. Allows for enhanced delineation of new and existing targets at both projects. Generates detailed geophysical datasets that will support Visionary's future drilling while also enhancing statewide critical minerals databases for the Wyoming Geological Survey, academics, and future explorers. Aligns with Wyoming's "all of the above" energy strategy by advancing domestic sources of nickel and copper - key metals for stainless steel, electric vehicles, battery storage, and electrical infrastructure. The project reflects Visionary's ongoing commitment to exploration in Wyoming, where it has spent over USD 5 million to date on critical minerals exploration. Announcement • Jun 28
Visionary Metals Corp. announced that it has received CAD 7.444682 million in funding from Teck Resources Limited On June 26, 2026, Visionary Metals Corp. closed the transaction. The company issued 19,679,550 units at an issue price of CAD 0.24 for gross proceeds of CAD 4,723,092 and a concurrent non-brokered private placement to issue 11,339,958 units at an issue price of CAD 0.24 for gross proceeds of CAD 2,721,589.92 for aggregate proceeds of CAD 7,444,681.92. In connection with the offering, the company paid finders' fees to certain brokers. The finders' fees consisted of: (a) cash in the aggregate amount of CAD 299,557.42; and (b) 1,248,156 finders' warrants, exercisable for one common share of the company at an exercise price of 24 cents for a period of 36 months from the closing date of the offering. Announcement • May 22
Visionary Metals Corp. announced that it expects to receive CAD 7.145 million in funding from Teck Resources Limited and other investors Visionary Metals Corp. announced a private placement to issue 19,785,812 units at an issue price of CAD 0.24 for gross proceeds of CAD 4,748,594.88 and a concurrent non-brokered private placement to issue 9,985,021 units at an issue price of CAD 0.24 for gross proceeds of CAD 2,396,405.04 for aggregate proceeds of CAD 7,144,999.92 on May 21, 2026. The transaction includes participation from returning lead investor, Teck Resources Limited for proceeds of CAD 1,200,000. It is anticipated that insiders of the company may participate in the offering and such units issued to insiders will be subject to a four-month hold period pursuant to applicable policies of the TSX-V. Each unit will consist of one common share of the company; and one-half of one common share purchase warrant, with each warrant entitling the holder to acquire one share at a price of CAD 0.36 for a period of 36 months from 60 days following the closing date. The units issued pursuant to the concurrent private placement may be offered to purchasers that are a resident in Canada pursuant to applicable prospectus exemptions and may also be offered in the United States and other jurisdictions pursuant to available exemptions. Any securities issued under the concurrent private placement to purchasers resident in Canada will be subject to a four-month-and-one-day hold period in accordance with applicable Canadian securities laws. It is anticipated that closing of the offering will take place on or about June 10, 2026, or such other date(s) as may be determined by the company. Closing of the offering is subject to certain conditions, including, but not limited to, receipt of all necessary approvals, including the approval of the TSX-V. As consideration for services provided by certain finders, the company may pay a cash fee equal to up to 7% of the gross proceeds of the LIFE offering from investors introduced to the company by a finder; and non-transferable share purchase warrants equal to up to 7% of the aggregate number of units issued to those investors. Each finder's warrant will entitle the holder to purchase one share at a price of CAD 0.24 per share for a 36-month period from their date of issuance. As of the date hereof, Teck holds 17,392,193 shares, representing approximately 9.9% of the company's shares. Upon completion of the corporate restructuring and closing of the offering (and assuming the completion of the maximum offering amount under the Life offering and the concurrent private placement), Teck will beneficially own, directly or indirectly, or exercise control or direction over, 9,348,048 shares, representing approximately 14% of the issued and outstanding shares on a non-diluted basis.