Entrée Resources Plans Private Placement of Up to C$31.9 Million
The non-brokered placement would issue up to 11.0 million units at C$2.90 each, with a warrant exercisable at C$3.95 for three years. Closing is expected in Q4 2026, subject to approvals.
Entrée Resources said it plans a non-brokered private placement of up to 11.0M units at C$2.90 per unit, for gross proceeds of up to C$31.9M. Each unit will include a warrant exercisable at C$3.95 for 3 years. The company expects the placement to close in Q4 2026, subject to approvals.