Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
An update from 37 Capital ( (TSE:JJJ) ) is now available.
37 Capital Inc. has announced a non-brokered private placement to raise up to $280,000 through the issuance of as many as 4,000,000 units at $0.07 per unit, each comprising one common share and a warrant exercisable at $0.10 for three years. The warrants include an acceleration clause if the stock trades at or above $0.35 for 10 consecutive days, and all securities will carry a four-month-plus-one-day hold period.
The company plans to use the proceeds for general working capital, underscoring its need for fresh liquidity to support ongoing operations in a speculative market environment. The financing may include finder’s fees and insider participation, and it replaces a previously announced financing from January 28, 2026 that has now been cancelled, signaling a shift in the company’s capital-raising strategy.
More about 37 Capital
Vancouver-based 37 Capital Inc. is a mining-focused company listed on the Canadian Securities Exchange under the symbol JJJ. The firm targets resource exploration and development opportunities, positioning itself within the speculative end of the junior mining and exploration sector.
Average Trading Volume: 43,001
Technical Sentiment Signal: Sell
Current Market Cap: C$1.38M
See more data about JJJ stock on TipRanks’ Stock Analysis page.