High Tide Resources Upsizes Private Placement Offer

High Tide Resources Corp. has announced an amendment to its non-brokered private placement offering. The offering now comprises a minimum sale of 7.5 million LIFE HD Units at $0.20 each and 17.5 million CFT Units at $0.27 each, generating gross proceeds between $6.225 million and $7.575 million. PowerOne Capital Markets Limited is involved as a finder for part of this offering.

The LIFE HD Units include one common share and half a warrant, enabling the acquisition of one common share at $0.30 within 24 months. CFT Units also feature a common share meeting specific tax credit criteria and half a warrant. The proceeds from CFT Units will fund exploration expenses at the Labrador West Iron Project.

Eligible finders might receive a 7% commission and warrants to acquire Non-LIFE Units at $0.20 for 24 months. The offerings are projected to close around March 4, 2026, pending regulatory approvals.