RSS SubscribeVancouver, B.C., July 2, 2026 – Storm Exploration Inc. (TSX-V: STRM) (“Storm” or the “Company”) today announced that it will conduct a non-brokered private placement (the “Offering”), subject to the approval of the TSX Venture Exchange (the “Exchange”), for aggregate gross proceeds of up to $2,572,500.
The Offering will consist of units (the “Units”) at a price of $0.35 per Unit, and charity flow-through units (the “Charity FT Units”) at price of $0.5075 per Charity FT Unit. Each Unit will consist of one common share of the Company and one-half warrant (a “Warrant”) each whole Warrant entitling the holder thereof to acquire an additional common share (the “Warrant Share”) of the Company at an exercise price of $0.50 per Warrant Share for a period of 24 months from the date of issuance. The Charity FT Units will consist of one flow-through share and one-half warrant with the same terms as the Unit Warrants.