Capital raises · issuer releases · updated to close

The Money

The Money is a running ledger of material equity raises (shares, units, flow-through and convertibles) by Canadian-listed junior mining companies valued at up to C$1 billion. A financing appears here when the company's own release describes a raise of at least C$5 million that is large for the company's size, large in absolute terms, or priced well above the market; a best-efforts offering of "up to" an amount appears once money is raised. Each entry records the terms as the company stated them: how much, at what price, in what form, under which exemptions, and what the money is for. When a financing is upsized or closes, its entry is updated and moves to the top. Read together, the entries show how much money is moving into the sector, and on what terms.

Oct 28, 2026 Announced Battery Mineral Resources Corp. · TSXV: BMR

C$17M shares at C$0.20, 17.6% above the prior close of C$0.17 (Oct 27, 2026)

Exemptions —: Accredited investor (NI 45-106) · applicable exemptions under U.S. and other securities laws
Resale —: Four-month hold
Use of proceeds —: “The Company intends to use the net proceeds of the Private Placement to support ongoing operations and development activities at its Punitaqui copper mining complex in Chile, for working capital, and for general corporate purposes.”
Participation —: “Certain insiders of the Company, including Weston Energy LLC and/or its affiliates ("Weston"), are expected to participate in the Private Placement, with aggregate insider participation anticipated to exceed 25% of the offering.”
History —: Announced Oct 28, 2026: C$17M

Issuer release: Announced Oct 28, 2026

Oct 23, 2026 Upsized Hercules Metals Corp. · TSXV: BIG

C$45M shares at C$0.87, 16.4% below the prior close of C$1.04 (Oct 21, 2026)

Updated Oct 23, 2026 — upsized

Exemptions —: The Common Shares will be offered by way of private placement pursuant to applicable exemptions from prospectus requirements in each of the provinces of Canada, other than Quebec, and in such other jurisdictions as may be mutually agreed between the Company and the Underwriters.
Resale —: Four-month hold
Use of proceeds —: “The net proceeds of the Offering will be used to advance the Hercules Project, as well as for working capital and general corporate purposes.”
History —: Announced Oct 22, 2026: C$30.02M · Upsized Oct 23, 2026: C$45M

Issuer releases: Announced Oct 22, 2026 · Upsized Oct 23, 2026

Oct 13, 2026 Closed Silver Tiger Metals Inc · TSX: SLVR

C$100.05M units at C$1.00, 25.0% above the prior close of C$0.80 (Oct 7, 2026)

Updated Oct 13, 2026 — closed

Terms —: one-half warrant per unit; each whole warrant buys a share at C$1.35, for 24 months following the closing of the Offering
Use of proceeds —: “The Company intends to use the proceeds of the Offering to fund exploration and development expenditures at the Company's Project (defined below), as well as for working capital and general corporate purposes.”
History —: Announced Oct 8, 2026: C$87M · Closed Oct 13, 2026: C$100.05M, including the exercised underwriters' option

Issuer releases: Announced Oct 8, 2026 · Closed Oct 13, 2026

Oct 5, 2026 Closed Flow-through Antimony Resources Corp · CSE: ATMY

C$5M flow through shares at C$0.47, 14.6% above the prior close of C$0.41 (Sep 28, 2026)

Use of proceeds —: “The net proceeds received from the Offering will be used by the Company for exploration and development activities on its Bald Hill Antimony Project.”
History —: Announced Sep 29, 2026: up to C$5M · Closed Oct 5, 2026: C$5M

Issuer releases: Announced Sep 29, 2026 · Closed Oct 5, 2026