37 Capital IncorporatedCSE: JJJ

37 Capital Announces Partial Closings of Private Placement

· Issued by 37 Capital Incorporated via Newsfile

Summary by 6ix AI

37 Capital Inc. received $300,000 in two tranches of its private placement, first announced August 19, 2026, and issued 3,000,000 units at $0.10 per unit.

Key details

  • Each unit is one common share and one share purchase warrant; every two warrants let the holder buy one common share at $0.15 per share for three years.
  • Part of the proceeds will go toward the initial payment under an option and asset purchase agreement dated August 18, 2026 with Quimbaya Gold Corp.
  • 37 Capital paid a finder's fee of $3,500 in cash and issued finder's warrants for 115,000 share purchase warrants, exercisable at $0.15 per share for two years.
  • All securities issued in the two tranches are subject to a four-month and one-day hold period under applicable securities laws.

6ix AI wrote this summary from the release below and checked it against the release.

Vancouver, British Columbia--(Newsfile Corp. - September 11, 2026) - 37 Capital Inc. (CSE: JJJ) (the "Company" or "37 Capital") announces that further to its private placement announcement on August 19, 2026, the Company has received proceeds in the aggregate amount of $300,000 in two tranches and issued an aggregate of 3,000,000 units at $0.10 per unit. Each unit consists of one common share and one share purchase warrant, with every two share purchase warrants entitling the holder to purchase one common share at $0.15 per share for a period of three (3) years.

A portion of the proceeds will be applied toward the initial payment pursuant to the option and asset purchase agreement dated August 18, 2026 with Quimbaya Gold Corp.

The Company paid a finder's fee of $3,500 in cash and issued finder's warrants for an aggregate of 115,000 share purchase warrants exercisable at $0.15 per share for a period of two years. All securities issued under the two tranches are subject to a four-month and one-day hold period under applicable securities laws.

For more information on the Company, please contact Jake Kalpakian at (604) 681-0204. In addition, please visit the Company's website at www.37capitalinc.com or the CSE's website at the following direct link: http://thecse.com/en/listings/mining/37-capital-inc.

On Behalf of the Board,

37 Capital Inc.

"Jake H. Kalpakian"
___________________
Jake H. Kalpakian,
President & CEO

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Trading in the securities of the Company should be considered speculative.

Certain statements contained herein are "forward-looking". Forward-looking statements may include, among others, statements regarding future plans, projected or proposed financings, costs, objectives, economic or technical performance, or the assumptions underlying any of the foregoing. In this News Release, words such as "may", "would", "could", "will", "likely", "enable", "feel", "seek", "project", "predict", "potential", "should", "might", "objective", "believe", "expect", "propose", "anticipate", "intend", "plan", "plans" "estimate", and similar words are used to identify forward-looking statements. Forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those expressed or implied. Although management believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, projections and estimations, there can be no assurance that these assumptions, projections or estimations are accurate. Readers, shareholders and investors are therefore cautioned not to place reliance on any forward-looking statements as the plans, assumptions, intentions or expectations upon which they are based might not occur.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/314089

View original source (Newsfile)37 Capital Incorporated on 6ix

Earlier from 37 Capital

Later from 37 Capital

All 37 Capital news releases