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Posted by
Two Blokes Jul 9 -
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VANCOUVER, BRITISH COLUMBIA, July 9 , 2025 – TheNewswire - FITZROY MINERALS INC. (TSXV: FTZ, OTCQB: FTZFF) (“Fitzroy Minerals” or the "Company") is pleased to announce that it has closed the second and final tranche of its previously announced non-brokered listed issuer financing exemption (LIFE) private placement (the “ LIFE Offering ”) through the issuance of 23,333,333 common shares of the Company (the “ Shares ”) at a price of $0.30 per Share, for aggregate gross proceeds to the Company of approximately $7,000,000 (the “ Final Tranche ”). With the closing of the Final Tranche, the Company has issued 40,000,000 Shares at a price of $0.30 per Share, for aggregate gross proceeds to the Company of $12,000,000. Subject to compliance with applicable regulatory requirements, the LIFE Offering was conducted pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions (“ NI 45-106 ”) and in reliance on the Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption . The securities issued to purchasers in the LIFE Offering are not subject to a hold period under applicable Canadian securities laws. An offering document related to the LIFE Offering has been filed under the Company's profile at www.sedarplus.ca and was posted on the Company's website at www.fitzroyminerals.com.
