Pacific Booker Minerals Upsizes Non-Brokered Private Placement to $12 Million from $10 Million

Pacific Booker Minerals Inc. (TSXV: BKM; OTC Pink: PBMLF) announced it is upsizing its previously announced non-brokered private placement to raise gross proceeds of up to $12 million, increasing the offering from the $10 million target disclosed on October 5, 2026. The original placement was structured at $2.34 per unit, with each unit comprising one common share and one warrant exercisable at $2.75 per share for 36 months from closing.

The company intends to use net proceeds to advance its Morrison copper-gold-molybdenum project and for general corporate purposes. The upsize signals stronger-than-expected investor demand for the offering, which is being conducted on a non-brokered basis on the TSX Venture Exchange.