VANCOUVER, British Columbia — January 10, 2026 — Leads & Copy — VR Resources Ltd. (TSXV: VRR) has announced an upsize to its previously announced brokered private placement offering. The company will now issue up to 17,187,500 units for aggregate gross proceeds of $2,750,000.
Centurion One Capital Corp. is acting as lead agent and sole bookrunner and maintains an option to sell up to $500,000 in additional units pursuant to the offering.
Each unit will be offered at an issue price of $0.16 and will consist of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share at an exercise price of $0.20 for a period of 36 months from the date of issuance.
The offering is conditional upon completion of a consolidation of its issued and outstanding common shares, which will be completed on a basis of ten pre-consolidation common shares for one post-consolidation common share, subject to approval of the TSX Venture Exchange. The consolidation will be effective on January 15, 2026.
The company currently has 133,443,467 shares issued and outstanding, and it is anticipated that immediately following the consolidation, excluding shares to be issued in connection with the offering, the company will have approximately 13,344,346 shares issued and outstanding, prior to rounding of fractional shares. The issue price, warrant exercise price, and securities issuable pursuant to the offering are disclosed on a post-consolidation basis.
In connection with the offering, a commission is payable to the lead agent of 8% of the aggregate cash proceeds received from the sale of the units and a number of non-transferable broker warrants equal to 8% of the aggregate number of units issued under the offering. The non-transferable broker warrants may be exercised by the lead agent into units, which units will be on identical terms as the offering and will expire three years from the closing date.
The offering is expected to close on or around January 16, 2026, and is subject to certain conditions, including the receipt of all necessary approvals including the approval of the Exchange. The securities to be issued under the offering will have a hold period of four months and one day from the closing date.
The units to be issued under the offering will be offered by way of private placement in each of the provinces of British Columbia, Alberta and Ontario, in the United States pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended, and in jurisdictions outside of Canada and the United States mutually agreed by the company and the lead agent.
Dr. Michael H. Gunning is the Chairman of VR Resources Ltd.
For general information, the company’s website is www.vrr.ca, the email is info@vrr.ca, and the phone number is 778-731-9292.
VR is an established junior exploration company based in Vancouver. VR evaluates, explores and advances opportunities in copper, gold and critical metals in Nevada, USA, and Ontario, Canada. VR applies modern exploration technologies, in-house experience, and expertise in greenfields exploration to large-footprint systems in underexplored areas/districts. The foundation of VR is the proven track record of its Board in early-stage exploration, discovery and M&A. VR owns its projects outright and evaluates new opportunities on an ongoing basis, whether by staking or acquisition.
Centurion One Capital’s mission is to ignite the world’s most visionary entrepreneurs to conquer the greatest challenges of tomorrow, fueling their ambitions with transformative capital, unparalleled expertise, and a global network of influential connections. Every interaction is guided by our core values of respect, integrity, commitment, excellence in execution, and uncompromising performance. We make principal investments, drawing on the time-honored principles of merchant banking, where aligned incentives forge enduring partnerships. Centurion One Capital: A superior approach to investment banking.
Contact:
Website: www.vrr.ca
Email: info@vrr.ca
Phone: 778-731-9292
Source: VR Resources Ltd.
