Stinger Resources Closes Private Placement, Generates $160,000
Cardston, Alberta — February 13, 2026 — Leads & Copy — Stinger Resources Inc. has announced the closing of its non-brokered private placement that was previously announced on January 7, 2026.
The company issued 3,200,000 units at a price of $0.05 per unit, generating gross proceeds of $160,000. Details of the offering can be found in the news release issued on January 7, 2026. No finder’s fees were paid in connection with the offering.
Securities issued under the offering are subject to a hold period that expires on June 14, 2026, following the policies of the CSE and relevant securities laws.
Certain directors and officers of Stinger Resources participated in the offering, purchasing 1,400,000 units for gross proceeds of $70,000. This participation is a related party transaction as defined in Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). However, this insider participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 under sections 5.5(b) and 5.7(1)(a) of MI 61-101. This exemption applies because the Company is not listed on exchanges or markets outlined in subsection 5.5(b) of MI 61-101, and the fair market value of the securities distributed to the insiders did not exceed 25% of the Company’s market capitalization.
The company holds interests in gold and silver properties in British Columbia, including the 100% owned past producing Dunwell Mine near Stewart in the “Golden Triangle”. Stinger Resources also holds a 100% interest in the Gold Hill property located in the headwaters of the Wild Horse River near Fort Steele.
Additionally, Stinger Resources owns 100% of the Silver Side property, and an optioned interest in the Ample Goldmax property in British Columbia.
This news release does not constitute an offer to sell or a solicitation of an offer to buy securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933 (the “1933 Act”) or any state securities laws. They may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available.
Darren Blaney, President & CEO, made the announcement on behalf of Stinger Resources Inc.
For further information, the company can be contacted at Phone: 403 752-4020 or Email: info@stingerresources.com. Additional information about Stinger Resources can be found on its website.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Source: Stinger Resources
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