Omega Pacific Resources Ltd. (CSE: OMGA | OTCQB: OMGPF | FSE: Q0F) announced on November 12, 2026, the closing of the first tranche of its non-brokered private placement under the listed issuer financing exemption, generating gross proceeds of C$526,680. The company issued 5,852,000 units at C$0.09 each, with proceeds earmarked for exploration at its Williams Property in British Columbia's Toodoggone District. Investors may be watching how the fresh capital supports the company's near-term field activities.

Key Points

  • Omega Pacific Resources Ltd. (CSE: OMGA)
  • First tranche of LIFE Offering closed November 12, 2026, raising C$526,680 in gross proceeds
  • 5,852,000 units issued at C$0.09 per unit; each unit includes one share and one warrant exercisable at C$0.13 for 24 months
  • Investors should watch for a potential second tranche closing and exploration updates at the Williams Property

Unit Structure and Warrant Acceleration Terms

Each unit issued in the first tranche consists of one common share and one share purchase warrant. The warrants entitle holders to acquire one additional share at C$0.13 for 24 months from the closing date. The release states that an acceleration clause applies: should the closing price of OMGA shares on the Canadian Securities Exchange equal or exceed C$0.25 for 15 consecutive trading days, the company may accelerate warrant expiry by issuing an acceleration notice, after which warrants expire on the 30th day following that notice.

Finders' Fees Paid in Connection with the Offering

In connection with the closing, Omega Pacific paid cash finders' fees of C$39,974 and issued 444,160 finders' warrants to an eligible finder for certain units sold. The release states that each finder's warrant is exercisable on the same terms as the standard warrants described above, meaning a C$0.13 exercise price over 24 months from the closing date. The offering was conducted pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions, as amended.

Williams Property Exploration Targeted with Proceeds

Omega Pacific has indicated that net proceeds from the LIFE Offering are intended to support future exploration activities at the Williams Property, located in British Columbia's Toodoggone District, as well as general corporate and working capital purposes. The company describes itself as a Canadian mineral exploration company focused on the discovery and development of precious metal projects in British Columbia. The immediate share price impact was not clear from available public information.