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Total Metals ( (TSE:TT) ) has issued an update.
Total Metals Corp. has appointed experienced mining-sector finance executive Ashley Nadon as Chief Financial Officer, effective January 1, 2026, replacing outgoing CFO Brandon Schwabe. The company also clarified the terms of the second and final tranche of its recent non-brokered private placement, noting that 394,444 units are subject to a four-month-and-one-day statutory hold under Canadian securities rules, while 186,666 units placed with offshore investors under an exemption are not subject to this hold period in Canada, a distinction that shapes near-term trading liquidity for the new equity.
More about Total Metals
Total Metals Corp. is a mineral exploration company focused on its 100%-owned Electrolode Project in northwestern Ontario, a 3,300-hectare land package targeting critical minerals and gold along three favourable geological trends near major operations in the Red Lake camp and between Kinross Gold’s Great Bear Project and First Mining Gold’s Springpole Project. The company also owns the High Lake and West Hawk Lake gold properties along the Manitoba/Ontario border, where the Purex Zone at High Lake is the primary focus for initial exploration and potential future mining activities, and West Hawk Lake consists of a single mineral lease in southeastern Manitoba.
YTD Price Performance: 123.33%
Average Trading Volume: 145,545
Technical Sentiment Signal: Sell
Current Market Cap: C$16.58M
For an in-depth examination of TT stock, go to TipRanks’ Overview page.