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Forty Pillars Mining Corp. Announces Private Placement Offering
Vancouver, B.C. — February 6, 2026 — Leads & Copy — Forty Pillars Mining Corp. (CSE: PLLR) announced a non-brokered private placement offering to raise up to $500,000.
The offering consists of up to 10,000,000 units at a price of $0.05 per unit. Each unit includes one common share and one transferable share purchase warrant. Each warrant allows the holder to acquire an additional share at $0.10 per share for five years from the issuance date.
Forty Pillars may pay finder’s fees to eligible finders related to the offering. The company plans to use the proceeds for working capital and general corporate purposes.
Securities issued under the offering are subject to a four-month hold period, following Canadian securities laws and Canadian Securities Exchange policies. The offering's completion depends on meeting certain conditions, including CSE approval.
Forty Pillars Mining Corp., based in Vancouver, B.C., focuses on exploring the Silver Dollar Project in the Greenwood Mining Division, B.C. The company also has an option to acquire a 100% interest in the Val-d’Or North property in Quebec's Abitibi sub-province, and the Golden Link project in central Newfoundland.
Certain information contained herein constitutes “forward-looking information” under Canadian securities legislation. Forward-looking information includes, but is not limited to: the Company completing the Offering; the size of the Offering and the intended use of funds.
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the Company's securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America.
Source: Forty Pillars Mining Corp.