North Atlantic Titanium Upsizes Non-Brokered Offering to $1.25 Million
Vancouver, British Columbia — January 9, 2026 — Leads & Copy — North Atlantic Titanium Corp. (CSE:NATO) (OTCPK: MUZU.F) (FSE:Y33) has announced an upsized non-brokered offering due to strong investor demand. The offering will raise gross proceeds of up to $1,250,000 through a combination of units and flow-through units.
The company will offer up to $750,000 in units at a price of $0.06 per unit. Each unit consists of one common share and one common share purchase warrant. Additionally, North Atlantic Titanium will offer up to $500,000 in flow-through units at $0.08 per unit. Each flow-through unit includes one common share that qualifies as a “flow-through share” under the Income Tax Act (Canada) and one warrant, which was already completed as announced December 23, 2025.
Each warrant entitles the holder to purchase one common share at an exercise price of $0.10 per share, exercisable for up to 24 months following the closing of the offering.
Net proceeds from the sale of units will fund the initial option payment for the Everett titanium property in Quebec, as well as working capital and general corporate purposes. Gross proceeds from the sale of flow-through units will be used for surface exploration, metallurgical testing, and verification of historical exploration work at the Everett Property. Diamond drilling is planned for selected locations in the northern extremity of the Everett oxide body, pending permitting.
The gross proceeds from the flow-through units will be allocated to Canadian Exploration Expenses (“CEE”) as “flow-through critical mineral mining expenditures,” as defined in the Tax Act. These qualifying expenditures will be incurred on or before December 31, 2026, and renounced with an effective date no later than December 31, 2025, to the initial purchasers of flow-through units. The company will indemnify flow-through unit subscribers for any additional taxes payable if the Canada Revenue Agency reduces the qualifying expenditures due to the Company’s failure to fully renounce the Qualifying Expenditures as agreed.
The final tranche of the offering is anticipated to close on January 16, 2026, or a later date determined by the company. The closing is subject to regulatory approvals, including approval from the Canadian Securities Exchange.
The securities offered have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the United States or to U.S. persons without registration or an applicable exemption.
Dwayne Yaretz, CEO of North Atlantic Titanium Corp., is the contact person for this release.
Dwayne Yaretz, CEO
Phone: 778-709-3398
Email: info@natitanium.com
Source: North Atlantic Titanium Corp.
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