Vancouver, British Columbia – TheNewswire – December 24, 2025 – Lexston Mining Corporation (“Lexston” or “the Company”) (CSE: LEXT) (OTCQB: LEXTF) (Deutsche Börse Frankfurt: L75) is pleased to announce a non-brokered private placement to raise gross proceeds of up to $500,000 through the issuance of up to 6,250,000 units at a price of $0.08 per unit (the “Private Placement”). Each unit will consist of one common share and one common share purchase warrant. Each common share purchase warrant will entitle the holder to purchase one common share at a price of $0.10 for five years from the date of issuance. The Company plans to use the proceeds of the Private Placement for general working capital purposes and exploration expenditures. Certain directors and officers of the Company may participate in the Private Placement.
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Brief Summary
Lexston Mining Corporation (CSE: LEXT) has announced a non-brokered private placement aiming to raise $500,000. The offering includes:
- Issuance of up to 6,250,000 units at $0.08 per unit.
- Each unit will have one common share and one share purchase warrant.
- Warrants allow purchase of common shares at $0.10 each for five years.
The funds raised will support general working capital and exploration activities. This move may enhance investor interest and engagement in the mining sector.
Why it matters: This strategic funding will help Lexston to advance its projects and stimulate growth opportunities.
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