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Bedford Metals Closes $1 Million Private Placement
Vancouver, Canada — April 14, 2026 — Leads & Copy — Bedford Metals Corp. (TSX-V: BFM) has announced the closing of a non-brokered private placement, issuing 5,000,000 common shares at $0.20 per share, resulting in gross proceeds of $1,000,000.
The company said the funds from the offering will be used for exploration and development of its Ubiquity Lake and Sheppard Lake Uranium Projects. Each share was issued as a flow-through share as defined by the Income Tax Act (Canada).
Bedford Metals also issued 500,000 shares at a deemed price of $0.20 per share to an arm's-length party for introducing investors to the offering. All securities issued in connection with the offering are subject to resale restrictions until August 14, 2026, according to securities laws.
Bedford Metals Corp. stated that neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
The company cautions that this news release may contain forward-looking statements subject to risks, uncertainties, and other factors that may cause results to differ materially from those expressed or implied. Bedford Metals does not intend to update these statements, except as required by law.
Source: Bedford Metals