Elton Resources Closes C$3.47 Million Flow-Through Private Placement on the TSXV

Elton Resources Corp., trading on the TSX Venture Exchange under the symbol DBAY, has completed a private placement of flow-through units totaling C$3.47 million. The financing was structured as flow-through units, a mechanism commonly used by Canadian junior mining companies to pass eligible exploration expenditures through to investors for tax deduction purposes.

The closing follows an announcement of the placement made earlier in October 2026, and positions Elton with fresh capital to advance its mineral exploration activities. The company recently commenced trading on the TSXV after completing a qualifying transaction involving a merger with Chicane Capital I Corp.