PJX Resources (TSX-V: PJX) is trading at CA$0.19 on volume of 1,240,000 shares Thursday, up 8.6%, as the company moves into the field with a C$6.3 million non-brokered private placement behind it and…
PJX Resources Inc. (TSXV: PJX) closed the second and final tranche of its non-brokered private placement on July 23, 2026, completing total gross proceeds of C$6.3 million through charity flow-through units ($0.168), flow-through units ($0.15), and hard units ($0.125) targeting critical metals—zinc, lead, silver, and gold—via a Sullivan-style Sedex model on the Dewdney Trail and Zinger properties in BC's Sullivan Mining District. The proceeds fund an initial 4,000 m drill program at Dewdney Trail now underway, followed by Zinger drilling later in summer 2026. At C$6.3M this is a substantial raise for a TSXV explorer and signals strong institutional conviction in a district-scale critical metals discovery thesis adjacent to the world's historically largest zinc-lead-silver mine.
GoldInxs Mining Corp. (TSXV: INXS) closed its IPO on July 22, 2026, raising gross proceeds of C$1,544,800 through 15,448,000 units at C$0.10 per unit (one common share plus one-half warrant exercisable at C$0.20 for 24 months) and listed on the TSX Venture Exchange. The company holds the Fishpot Property in central BC and the Millar Property in BC's Golden Triangle, targeting early-stage copper-gold exploration with a Phase 1 program and subsequent drilling planned at Fishpot. Trading was halted procedurally on listing day and expected to resume July 24, representing a fresh copper-gold exploration entry on the TSX-V at exploration-stage pricing.
Talamore Mining Corp. (TSXV: TALA, formerly Fuerte Metals Corp.) closed a brokered private placement on July 21, 2026, raising C$149,500,000 through 18,687,500 common shares at C$8.00 per share—one of the largest single equity raises by a TSXV-listed junior miner in 2026. Proceeds advance the Coffee Gold Project in Yukon (open-pit heap leach gold) and a portfolio of copper and gold assets in Chile and Mexico; shares carry a statutory hold period expiring November 22, 2026. The scale of this raise relative to its TSX-V listing and the recent name change signal a major transition from exploration to development-stage positioning, and the strong institutional take-up underscores bullish gold and copper market sentiment.
Metallic Minerals Corp. (TSXV: MMG) completed a non-brokered private placement on July 21, 2026 with Newmont Corporation exercising participation rights under its 2023 Investor Rights Agreement, subscribing for 3,224,700 units at C$0.28 per unit for gross proceeds of C$902,916; each unit comprises one share plus one-half warrant at C$0.40 per share for 36 months (commencing 61 days post-close). This follows Metallic Minerals' C$10.3 million bought deal closed in June 2026, with Newmont maintaining its strategic ownership position in the Keno Silver district silver-gold-zinc assets in Yukon. Newmont's repeated exercise of participation rights is a strong institutional endorsement of the Keno Silver asset and signals ongoing strategic alignment between the two companies.
Steadright Critical Minerals Inc. (CSE: SCM) announced on July 20, 2026 a non-brokered flow-through private placement of 2,666,666 Quebec flow-through units at C$0.15 per unit for gross proceeds of C$600,000, with each unit comprising one flow-through share (qualifying under the Income Tax Act as a flow-through share) and one-half warrant exercisable at C$0.25 for 24 months. Proceeds fund Canadian exploration expenses qualifying as critical mineral flow-through expenditures on Steadright's Morocco and Canada projects, with renouncement to investors effective December 31, 2026. The flow-through structure offers a tax-advantaged entry point for Canadian investors into the company's critical minerals portfolio, though the concurrent MCTO application (July 22) materially elevates the issuer risk profile.
Greenridge Exploration (CSE: GXP) arranged a C$3.0M non-brokered private placement (13,111,888 units at C$0.2288/unit) with a leading Southeast Asian energy conglomerate, granting the investor approximately 17.17% non-diluted ownership in a single transaction. The company holds one of Canada's largest uranium property portfolios (167,573 ha across 13 projects) plus gold and nickel exposure totaling ~242,239 ha of Canadian landholdings. A strategic anchor from the global energy sector reflects cross-sector demand for Canadian critical mineral and uranium exposure, and the 17% single-investor block is a significant governance and capital structure development.
Abasca Resources (TSXV: ABA) announced a non-brokered private placement of up to C$3.0M via 10M flow-through shares at C$0.25 and 2.5M non-FT shares at C$0.20 for the Key Lake South flake graphite project in northern Saskatchewan. This follows a July 14 resource update at the Loki Deposit (Indicated: 6.99 Mt at 8.27% Cg; Inferred: 15.83 Mt at 6.93% Cg). Graphite is a federally designated critical mineral for battery anodes, and a pending NI 43-101 technical report expected within 45 days adds near-term catalysts to a well-located Saskatchewan asset.
Azimut Exploration (TSXV: AZM) announced a non-brokered private placement for gross proceeds up to C$7,000,000, comprising 6,038,647 flow-through shares at C$0.828 and 3,333,333 hard dollar shares at C$0.60, with closing expected ~August 10, 2026. Proceeds fund exploration at the Elmer gold property (hosting the Patwon resource-stage deposit) and the Wabamisk/Lithos Zone lithium project in Quebec. The dual-tranche structure with strong flow-through demand signals institutional conviction across both gold and lithium commodity vectors from one of Quebec's most prolific junior explorers.