Vault Strategic Mining Announces Private Placement
Vancouver, British Columbia — February 6, 2026 — Leads & Copy — Vault Strategic Mining Corp. (TSXV:KNOX) (OTC:KNXFF) (FSE:M85) has announced a non-brokered private placement to raise up to $500,000.
The company plans to issue up to 2,000,000 units at a price of $0.25 per unit. Each unit will consist of one common share and one-half of one transferable common share purchase warrant. Each whole warrant will allow the holder to acquire one additional common share of the company at an exercise price of $0.35 per share for twelve months from the date of issuance, pending final approval from the TSX Venture Exchange.
Vault Strategic Mining intends to use the net proceeds from the private placement for exploration activities and general corporate purposes. The company may pay finders’ fees in connection with the private placement, in accordance with the policies of the TSX-V.
Securities issued through the private placement will be subject to a hold period of four months and one day, as required by securities legislation.
The warrants include an acceleration provision. If, after four months and one day after the warrants are issued, the weighted average daily trading price of the shares on the Canadian Securities Exchange, or any other market where the shares may trade, is or exceeds $0.60 for five consecutive trading days, the company may provide notice to the warrant holder. This notice, whether written or via news release, will state that the expiry date of the warrants has been accelerated. Warrants not exercised within 30 days of the notice will expire 30 days from the date of the Acceleration Notice.
Any participation by company insiders in the private placement will be considered a related party transaction under Multilateral Instrument 61-101. The company plans to rely on exemptions from the formal valuation and minority approval requirements under sections 5.5(a) and 5.7(1)(a) of MI 61-101. This is based on the fact that neither the fair market value of the securities issued under the private placement nor the consideration paid by company insiders will exceed 25 percent of the company’s market capitalization.
R. Nick Horsley, President, Chief Executive Officer, and Chairman of Vault Strategic Mining Corp.
Tel: 604-343-4338| Email: vaultstrategic@gmail.com
Source: Vault Strategic Mining Corp.
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