Earthwise Minerals Updates Terms of Private Placement

Earthwise Minerals Corp., a company active in the acquisition of junior stage projects across Canada, has revised the terms of its non-brokered private placement first announced on June 19, 2025. The updated terms introduce the offering of flow-through units (FT Units) at $0.03 each, along with non-flow through units (NFT Units), for total gross proceeds reaching $450,000.

Each NFT Unit comprises a common share and a purchase warrant, allowing the acquisition of another share at $0.05 within 24 months. Similarly, an FT Unit includes a common share and a half warrant with identical terms. FT Shares aim to qualify as flow-through shares under Canadian tax law, earmarking proceeds for exploration expenses.

The placement depends on customary regulatory approvals, subjecting all securities issued to a statutory hold period of four months plus one day. Proceeds from the FT Offering target exploration enhancements at the Iron Range Gold Property in British Columbia, whereas NFT Offering funds are reserved for general working capital.