Leocor Mining Announces Warrant Exercises, Filing of Early Warning Report
VANCOUVER, British Columbia — April 17, 2026 — Leads & Copy — Leocor Mining Inc. (CSE: LECR, OTCQB: LECRF, Frankfurt: LGO0) announced that 26,231,040 share purchase warrants have been exercised as of today for gross proceeds of $2,623,104.
The warrants were issued in connection with the company’s March 26, 2026, unit private placement.
Leocor also announced the filing of an early warning report by Planet Ventures Inc. pursuant to National Instrument 62-103 and National Instrument 62-104. The filing is in connection with Planet Ventures’ acquisition of common shares in Leocor through the exercise of 7,231,040 warrants at $0.10 per warrant on April 14, 2026.
As a result of the transaction, Planet Ventures now owns 46,086,123 common shares, representing 19.95% of the 230,963,442 common shares issued and outstanding following the transaction. Planet Ventures also holds 12,768,960 additional warrants, entitling them to purchase a further 12,768,960 shares.
The warrants are subject to a blocker provision, preventing Planet Ventures from exercising any warrants that would result in them owning more than 20% of the outstanding common shares at the time of exercise.
The early warning report will be filed under Planet Ventures’ profile on SEDAR+ at www.sedarplus.ca. Copies of the report can also be obtained by contacting Etienne Moshevich, CEO of Planet Ventures, at info@planetventures.com or (604) 681-0084.
Leocor Mining Inc. is a British Columbia-based resource company focused on acquiring and exploring precious metal projects, primarily in Atlantic Canada. The company controls several gold-copper projects within the Baie Verte Mining District, including the Dorset, Dorset Extension, Copper Creek, and Five Mile Brook projects, creating a contiguous exploration corridor of approximately 2,000 hectares.
Source: Leocor Mining Inc.
Share this story:
