VANCOUVER, British Columbia — January 9, 2026 — Leads & Copy — VR Resources Limited (TSXV: VRR) has increased the size of its previously announced brokered private placement due to significant investor demand. The company will now issue up to 9,375,000 units for gross proceeds of $1,500,000.
Centurion One Capital Corp. is serving as the lead agent and sole bookrunner for the offering. VR Resources has also granted the lead agent an option to sell up to $500,000 in additional units.
Each unit will be offered at $0.16 and will include one common share of the company and one common share purchase warrant. Each warrant will allow the holder to acquire one additional common share at an exercise price of $0.20 for 36 months from the issuance date.
The offering is conditional upon the completion of a consolidation of its issued and outstanding common shares on a basis of ten pre-consolidation common shares for one post-consolidation common share, subject to TSX Venture Exchange approval. Following the consolidation, the company anticipates having approximately 13,344,346 shares issued and outstanding, excluding shares issued in connection with the offering. The consolidation is expected to occur around January 15, 2026. The issue price, warrant exercise price, and securities issuable are disclosed on a post-consolidation basis.
In connection with the offering, the lead agent will receive a commission of 8% of the gross proceeds from the sale of units and broker warrants equal to 8% of the aggregate number of units issued under the offering. The broker warrants can be exercised into units with identical terms as the offering and will expire three years from the closing date.
The offering is expected to close around January 16, 2026, subject to necessary approvals, including TSX Venture Exchange approval. The securities issued under the offering will have a hold period of four months and one day from the closing date.
The units will be offered via private placement in British Columbia, Alberta, and Ontario, as well as in the United States under an exemption from the U.S. Securities Act of 1933, and in other jurisdictions agreed upon by the company and the lead agent.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws.
Dr. Michael H. Gunning is the Chairman of VR Resources Ltd.
For general information, please use the following:
Website:
www.vrr.ca
Email:
info@vrr.ca
Phone:
778-731-9292
VR is a Vancouver-based junior exploration company focused on copper, gold, and critical metals in Nevada, USA, and Ontario, Canada. VR owns its projects outright and evaluates new opportunities on an ongoing basis.
Centurion One Capital aims to empower entrepreneurs with capital, expertise, and a global network.
Source: VR Resources Ltd.
