Voltage Metals Corp. announced a non-brokered private placement of unsecured convertible promissory notes in an aggregate principal amount of up to CAD 450,000 on January 5, 2024. Each convertible promissory note shall bear interest at a rate of 15% per annum and shall mature on the date that is three months from the date of issuance.

The holder of a note has the ability to elect to, in whole or in part, at any time following the date of issuance, convert the principal amount of the note and any accrued and unpaid interest thereon, into common shares in the capital of the company at the conversion price of CAD 0.05 per share. The securities issued upon closing of the Offering will be subject to a hold period of four months plus a day from the date of closing, pursuant to applicable securities laws. The closing of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Canadian Securities Exchange.