Sterling Metals Increases Private Placement Offering

On March 12, 2025, Sterling Metals Corp. announced an upsized private placement of 5,200,000 units at $0.25 per unit, aiming for proceeds of $1,300,000. Each unit includes a common share and a half-share purchase warrant. The warrant allows the purchase of an additional share at $0.40 for two years after closing.

Eligible finders may receive a 6% cash commission and broker warrants, also at $0.40 per share for two years. Issued securities are subject to a four-month hold period. Proceeds will address general working capital.

CEO Mathew Wilson noted strong shareholder demand, supporting their Copper Road Project initiative. The closing depends on regulatory approvals, including the TSX Venture Exchange's endorsement.