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Trinity One Metals Ltd. Capital/Financing Update 2026

Feb 13, 2026

47109_rns_2026-02-13_3c0c844b-2a4e-40ad-abd4-b2cef0069025.pdf

Capital/Financing Update

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Form 51-102F3 Material Change Report

1. Name and Address of Company

Fiorentina Minerals Inc. (the "Company") 9285 203B Street Langley, British Columbia V1M 2L9

2. Date of Material Change

July 23 and July 31, 2020

3. News Release

A news release was disseminated on July 31, 2020 on Stockwatch and was subsequently filed on SEDAR.

4. Summary of Material Change

The Company closed a non-brokered private placement (the "Financing") for aggregate gross proceeds of \$4,729,565.20 through the issuance of 23,647,826 units in the capital of the Company (each, a "Unit") at a subscription price of \$0.20 per Unit.

5. Full Description of Material Change

The Company closed a non-brokered private placement (the "Financing") for aggregate gross proceeds of \$4,729,565.20 through the issuance of 23,647,826 units in the capital of the Company (each, a "Unit") at a subscription price of \$0.20 per Unit.

Each Unit consists of one common share in the capital of the Company (each, a "Common Share") and one-half of one common share purchase warrant, with each whole warrant (each, a "Warrant") entitling the holder thereof to purchase one Common Share at a price of \$0.40 per Common Share for a period of 12 months from the closing of the Financing. In the event the closing price of the Common Shares on the Canadian Securities Exchange is equal to or greater than \$0.60 per Common Share for a minimum of ten consecutive trading days commencing four months and one day after the closing of the Financing, the Company may accelerate the expiry date of the Warrants by providing notice to the holders thereof and, in such case, the Warrants will expire on the 30th day after the date on which such notice is given by the Company (the "Acceleration Provisions").

In connection with the closing of the Financing, the Company also announces that the terms of the Financing were amended from those previously announced (see news release dated June 18, 2020). The Company paid aggregate finder's fees consisting of \$221,750 in cash and issued 1,108,750 non-transferrable finder's warrants (each, a "Finder's Warrant") to certain finders including Haywood Securities Inc., Canaccord Genuity Corp. and Leede Jones Gable Inc. (collectively, the "Finders") in connection with the introduction by the Finders to the Company of eligible investors in the Financing. Each Finder's Warrant entitles the holder thereof to purchase one Common Share on the same terms as the Warrants and subject to the Acceleration Provisions.

The net proceeds from the Financing are intended to be used for the exploration and development of the Company's mineral properties and for general working capital. All securities issued in connection with the Financing are subject to a hold period of four months and one day in Canada.

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6. Reliance on subsection 7.12 of National Instrument 51-102

Not Applicable.

7. Omitted Information

Not Applicable.

8. Executive Officer

Robert Coltura, Chief Executive Officer and Director Telephone: (604) 683-8610

9. Date of Report

August 3, 2020.