Lexston Mining Announces Private Placement to Raise $500,000
Vancouver, British Columbia — December 24, 2025 — Leads & Copy —
Lexston Mining Corporation has announced a non-brokered private placement to raise up to $500,000. The company (CSE: LEXT) (OTCQB: LEXTF) (Deutsche Börse Frankfurt: L75) plans to issue up to 6,250,000 units at $0.08 each, according to a news release.
Each unit will include one common share and one common share purchase warrant. The warrant will allow the holder to buy one common share at $0.10 for five years from the issuance date.
Lexston intends to use the proceeds for general working capital and exploration expenditures. Company directors and officers may participate in the private placement.
The securities issued in connection with the private placement are subject to filing requirements and acceptance by the Canadian Securities Exchange. All securities will have a four-month statutory hold period after closing.
Lexston Mining Corporation is focused on acquiring and developing mineral projects in British Columbia and Nevada. The company aims to enhance value for all stakeholders.
Lexston (OTCQB: LEXTF) trades on the OTCQB Venture Market, which serves early-stage and developing U.S. and international companies. Companies on this market are current in their reporting and undergo annual verification and management certification processes. Investors can access real-time quotes and market information for Lexston at www.otcmarkets.com.
Jagdip Bal, Chief Executive Officer of Lexston Mining Corporation.
Jagdip Bal can be reached at Telephone: (604) 928-8913 or Email: info@lexston.ca
Source: Lexston Mining Corporation
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