The miner will issue 30.1M units at C$0.045 each to fund exploration at its copper-gold-silver projects in 2026.
Pacific Empire Minerals Corp (PEMC) secured C$1.355M through a non-brokered private placement of 30.1M units. Each unit, priced at C$0.045, includes one common share and one warrant exercisable at C$0.07 for three years.
Proceeds will finance the 2026 drill program at the Trident copper-gold-silver project and Pinnacle project, with remaining funds allocated to working capital. The offering reflects the company’s push to advance exploration amid stable commodity prices.
No immediate market reaction was disclosed.