RSS SubscribeVancouver, B.C., August 26, 2026 – Storm Exploration Inc. (TSX-V: STRM) (“Storm” or the “Company”) today announced a non-brokered private placement of 5,000,000 units of the Company (the “Units“) at a price of $0.40 per Unit for gross proceeds of $2,000,000 (the “Offering“). A corporation beneficially owned by Mr. Eric Sprott is subscribing for the entire Offering. Once completed, Mr. Sprott’s corporation will become Storm’s largest shareholder.
“Mr. Sprott’s investment will strengthen Storm’s treasury and shareholder base,” says Bruce Counts, President & CEO of Storm Exploration. “Junior exploration is speculative. We appreciate the confidence he has shown in our team.”
“Storm is about to commence up to 3,000m of drilling at Gold Standard, transitioning from speculation to verification of the large Volcanogenic Massive Sulphide (“VMS”) target. We are entering an exciting phase of exploration.”