MARKET WIRE NEWS

Inflection Resources Completes Oversubscribed Private Placement for Gross Proceeds of $3,345,000

Source: TheNewsWire

(TheNewswire)

Vancouver, BritishColumbia – TheNewswire - March 19, 2026- Inflection Resources Ltd. (CSE: AUCU /OTCQB: AUCUF / FSE: 5VJ) (the "Company" or"Inflection") is pleased to announce that further to itspress release dated February 25, 2026 and as a result of stronginvestor demand, the Company has completed an oversubscribednon-brokered private placement (the “Offering”) for gross proceedsof $3,345,000. The Company issued 13,380,00 units of the Company(each, a “Unit”) at a price of $0.25 per Unit.  Each Unit iscomprised of one common share and one-half of a share purchasewarrant, with each whole warrant exercisable into one additionalcommon share at a price of $0.40 for a term of 24 months.  

 

The proceeds from the Offering will primarily be usedfor exploration drilling on the Company’s 100% owned projects in theNorthern Territory and New South Wales in Australia.

 

An insider of the Company purchased a total of 30,000Units. The participation by Insiders in the Offering constitutes a“related party transaction” for the purposes of MultilateralInstrument 61-101, Protection of Minority Security Holders in SpecialTransactions. The Company is relying upon exemptions from therequirement to obtain a formal valuation and seek minority shareholderapproval for the Offering on the basis that the fair market value ofthe participation by related parties in the Offering is less than 25%of the Company’s current market capitalization.  

 

Cash finder’s fees of $136,975 and 547,900 finderwarrants exercisable at $0.40 per common share for a 24-month termwere paid on a portion of the Offering.  All securities issued arerestricted from trading until July 19, 2026.

 

About Inflection Resources Ltd.

Inflection is a gold-copper focusedmineral exploration company listed on the Canadian Securities Exchangeunder the symbol “AUCU”, on the OTCQB under the symbol “AUCUF”and on the Frankfurt Stock Exchange under the symbol “5FJ”, withprojects in New South Wales and the Northern Territory, Australia. For more information, please visit the Company website atwww.inflectionresources.com.

 

NewQuest Capital Group

Inflection is part of the NewQuest Capital Group, an entrepreneurial,discovery-driven investment group that builds value through theincubation and financing of early-stage mineral exploration projectsglobally.  Further information about NewQuest can be found at www.nqcapitalgroup.com.

 

On behalf of the Board ofDirectors:

Alistair Waddell

President and CEO
alistair@inflectionresources.com

Forfurther information, please contact:

Brennan Zerb
VP Investor Relations

bzerb@inflectionresources.com

+1 (778) 867-5016

FORWARD-LOOKING STATEMENTS

This news release includes certain forward-lookingstatements and forward-looking information (together,“forward-looking statements”). All statements other thanstatements of historical fact included in this release, including,without limitation, statements regarding the offering, the use ofproceeds from the Offering, other future plans and objectives of theCompany are forward-looking statements. There can be no assurance thatsuch statements will prove to be accurate and actual results andfuture events may vary from those anticipated in such statements.Important risk factors that could cause actual results to differmaterially from the Company's plans or expectations includefailure to obtain CSE acceptance of the Offering, inability to use ofproceeds from the Offering as expected, and risks associated withmineral exploration, including the risk that actual results and timingof exploration and development will be different from those expectedby management. The forward-looking statements in this news releasewere developed based on the assumptions and expectations ofmanagement, including that CSE acceptance for the Offering will beobtained, the Company will be able to use the proceeds from theOffering as anticipated, as well as the other assumptions disclosed inthis news release and that the risks described above will notmaterialize. The Company expressly disclaims any intention orobligation to update or revise any forward-looking statements whetheras a result of new information, future events or otherwise, except asotherwise required by applicable securities legislation.

Readers are cautioned not to place undue reliance onforward-looking statements. The Company undertakes no obligation toupdate any of the forward-looking statements, except as otherwiserequired by law.

Copyright (c) 2026 TheNewswire - All rights reserved.

Inflection Resources Ltd

NASDAQ: AUCUF

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AUCUF Latest News

February 25, 2026 06:30:00 am
Inflection Resources Announces Private Placement

AUCUF Stock Data

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