MineHub Technologies Inc. (TSXV: MHUB | OTCQB: MHUBF) has announced a non-brokered private placement to raise up to CAD $1,500,000 through the issuance of up to 3,750,000 units priced at $0.40 each. The digital commodity supply chain company also disclosed an extension of previously outstanding warrants, pushing their expiry to December 31, 2027. The dual announcement signals the company is actively securing working capital while managing its existing warrant obligations, two developments investors in small-cap technology issuers will likely monitor closely.

Key Points

  • MineHub Technologies Inc. (TSXV: MHUB | OTCQB: MHUBF) is a Vancouver-based digital supply chain platform for commodity markets.
  • The company has arranged a non-brokered private placement of up to 3,750,000 units at $0.40 per unit to raise up to CAD $1,500,000.
  • Each unit includes one common share and one-half of one warrant exercisable at $0.55, expiring two years from closing; prior warrants totalling over 15.7 million have been extended to December 31, 2027.
  • Investors will be watching for TSX Venture Exchange approval of both the placement and the warrant extension before either transaction closes.

MineHub's $1.5 Million Unit Offering: Structure and Pricing

The private placement, structured on a non-brokered basis, offers up to 3,750,000 units at $0.40 per unit. Each unit comprises one common share and one-half of one transferable common share purchase warrant, with each whole warrant exercisable at $0.55 per share and carrying a two-year term from the closing date. The company may pay finder's fees to eligible finders in connection with the offering. All securities issued will be subject to a hold period of four months and one day from issuance. Closing remains conditional on TSXV approval.

Insider Participation and Related-Party Transaction Disclosure

The announcement confirms that certain insiders of MineHub may participate in the private placement, which would constitute a related-party transaction under Multilateral Instrument 61-101 — Protection of Minority Security Holders in Special Transactions. The company states the insider participation is exempt from both the formal valuation requirements of Section 5.4 and the minority shareholder approval requirements of Section 5.6 of MI 61-101, under the applicable subsections. The release does not specify the dollar value or unit count that insiders may subscribe for in this offering.

Extension of Over 15.7 Million Prior Warrants to December 2027

Alongside the financing, MineHub is extending prior warrants that had been set to expire January 31, 2027. A total of 14,584,954 warrants exercisable at $0.40, originally issued January 31, 2024, plus 625,000 warrants at $0.50 issued July 25, 2025, and 550,463 warrants at $0.50 issued August 20, 2025, will all be extended to December 31, 2027, subject to TSXV filing requirements and approval. Insiders hold 336,363 of the $0.40 warrants included in the proposed extension. The extension provides existing warrant holders additional time to exercise their positions.

Intended Use of Proceeds from the MineHub Offering

MineHub states it intends to apply the net proceeds of the offering toward working capital and the continuous evaluation of strategic, corporate, and financial opportunities. No further breakdown of planned expenditures was provided. The immediate share price impact was not clear from available public information. Analysts and investors tracking the company's digital supply chain platform — which serves commodity buyers, sellers, laboratories, and financiers — may assess whether the capital raised is sufficient to support near-term operational requirements.