{"url":"https://newsforagent.com/news/2026-10-16/heritage-mining-flow-through-placement","markdown_url":"https://newsforagent.com/news/2026-10-16/heritage-mining-flow-through-placement.md","title":"Heritage Mining Plans $790K Flow-Through Share Sale","headline":"Heritage Mining Plans Up to $790,000 Flow-Through Placement at $0.04 a Share","description":"Heritage Mining plans a non-brokered placement of up to 19.75 million flow-through shares at $0.04 to raise up to $790,000 for Ontario exploration.","section":"Funding","published_at":"2026-10-16T22:10:25+00:00","modified_at":"2026-10-16T22:10:25+00:00","author":"News Desk","key_takeaways":["Heritage Mining announced a non-brokered placement of up to 19.75 million flow-through shares at $0.04 each, raising up to $790,000.","Proceeds are earmarked for eligible exploration in Ontario, and the offering is expected to close on or before October 23, 2026.","Issued securities carry a four-month hold, and the company's earlier 2026 placement was upsized to C$1,815,000 from C$1,150,000."],"companies":[{"name":"Heritage Mining","is_primary":true,"profile_url":"https://akta.pro/company-profiles/0003odx/heritage-mining","website":"https://heritagemining.ca"}],"source":{"publisher":"TradingView","title":"Heritage Mining Ltd. (HML) Plans Up To $790K Flow-Through Share Placement","url":"https://www.tradingview.com/news/tradingview:7141417e869ff:0-heritage-mining-ltd-hml-plans-up-to-790k-ft-share-placement/"},"other_sources":[{"publisher":"SeeNews","url":"https://seenews.com/news/north-macedonias-te-to-to-auction-minority-stake-on-mse-1303176"},{"publisher":"The future of trading","url":"https://capital.com/en-int/news/australia-s-adveritas-gains-most-in-over-2-months-on-premium"},{"publisher":"The future of trading","url":"https://capital.com/en-int/news/akeso-to-place-20-million-new-shares-at-hk-97-76-per"}],"tags":["Funding","Heritage Mining"],"body_markdown":"[Heritage Mining](https://akta.pro/company-profiles/0003odx/heritage-mining) Ltd. plans a non-brokered placement of up to 19.75 million flow-through shares at $0.04 each to raise up to $790,000, with proceeds funding eligible exploration in Ontario. [TradingView](https://www.tradingview.com/news/tradingview:7141417e869ff:0-heritage-mining-ltd-hml-plans-up-to-790k-ft-share-placement/) reported the placement, which the company said is expected to close on or before October 23, 2026.\n\n## Heritage Mining's Flow-Through Terms\n\nThe placement is non-brokered and priced at $0.04 per flow-through share, for a maximum of 19.75 million shares. Heritage Mining said proceeds will fund eligible exploration in Ontario, including the Melba project and other work. The company said the offering is expected to close on or before October 23, 2026. Securities issued under the placement carry a four-month hold.\n\n## Heritage Mining's Funding Record\n\nAccording to akta.pro [company records](https://akta.pro/company-data), Heritage Mining closed a non-brokered private placement of up to C$1,815,000 in March 2026, upsized from C$1,150,000, with a first tranche of C$665,000 closed on March 17, 2026. The same records list three funding rounds on file and a total funding figure of $1.3 million, with the last round dated November 19, 2025.\n\n| Funding round | Date | Amount |\n| --- | --- | --- |\n| Post IPO equity | 2025-11 | $576,742 |\n| Post IPO equity | 2024-06 | $546,572 |\n| Grant led by Ontario Junior Exploration Programme | 2024-04 | $145,940 |\n\n## Other Junior Funding Moves\n\n[SeeNews](https://seenews.com/news/north-macedonias-te-to-to-auction-minority-stake-on-mse-1303176) reported that North Macedonia's securities regulator approved TE-TO to auction a 0.8% stake on the Macedonian Stock Exchange for 41.1 million denars ($750,153), with two shares at a starting price of 20.56 million denars each under an all-or-nothing principle. [The future of trading](https://capital.com/en-int/news/australia-s-adveritas-gains-most-in-over-2-months-on-premium) reported that Adveritas announced an A$2 million placement at A$0.08 per share, a 43% premium to the last close, and that Akeso Inc. will place 20 million new shares at HK$97.76 per share.\n\n## Heritage Mining's October 23 Closing Date\n\nHeritage Mining said the placement is expected to close on or before October 23, 2026. The company's March 2026 placement recorded a first tranche closed on March 17, 2026, according to akta.pro company records.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}