Vancouver, British Columbia--(Newsfile Corp. - June 15, 2026) - Mineral Road Discovery Inc. (CSE: ROAD) (the "Company" or "ROAD") is pleased to announce that, further to its recent news releases, it has closed the third tranche of its non-brokered private placement. The Company has issued an additional 1,000,000 units at a price of $0.06 per unit for proceeds of $60,000 (the "Private Placement"). Each unit consists of one common share and one warrant, with each warrant entitling the holder to purchase one common share at a price of $0.08 for a period of three years expiring June 12, 2029. Proceeds will be used for general working capital. All securities issued will be subject to a four month hold period expiring October 13, 2026.
The securities referred to in this news release have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration under the U.S. Securities Act and applicable state securities laws, unless an exemption from such registration is available. This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements. "United States" and "U.S. person" have the respective meanings assigned in Regulation S under the U.S Securities Act.
FOR FURTHER INFORMATION CONTACT:
Garry Stock
Director
Mineral Road Discovery Inc.
Telephone: 778 819 1870
Neither the Canadian Securities Exchange nor its Regulation Service Provider (as the term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy of accuracy of this news release.
Not for distribution to United States Newswire Services or for dissemination in the United States
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301586
Source: Mineral Road Discovery Inc.
