---
title: "Phenom Resources closes CAD$ 5.41 million private placement with SSR Mining affiliate"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291141847.md"
description: "Phenom Resources completed a CAD$5.41 million private placement, issuing 13.5 million shares at CAD$0.40 each. SSR Mining affiliate was the sole investor, acquiring an approximate 9.9% stake. Proceeds will fund payments to earn 100% of the Dobbin Project in Nevada. SSR holds rights to increase its ownership up to 19.9% and has an option to buy 15% of the project for USD$4 million."
datetime: "2026-06-29T12:02:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291141847.md)
  - [en](https://longbridge.com/en/news/291141847.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291141847.md)
---

# Phenom Resources closes CAD$ 5.41 million private placement with SSR Mining affiliate

-   Phenom closed a non-brokered private placement of 13,529,340 common shares at CAD 0.40, raising gross proceeds of CAD 5.41 million. \* SSR Mining affiliate was the sole investor, taking an about 9.9% undiluted stake. \* Proceeds include USD 1.3 million to complete payments and work to earn 100% of the Dobbin Project in Nevada. \* SSR received participation and top-up rights to increase ownership up to 19.9% while holding at least 4.9%, subject to a two-year standstill. \* Framework agreement grants SSR an option to buy 15% of Dobbin for USD 4 million, with funds earmarked to advance the project. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Phenom Resources Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202606290800NEWSFILECNPR\_\_\_\_20260629\_303232\_1) on June 29, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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