# New Break Resources Plans to Raise Up to C$550,000 for Moray Drilling

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/45196
Published: 2026-10-30T22:36:21.000Z
Updated: 2026-10-30T22:36:21.000Z
Section: Business

> The proposed non-brokered placement would sell 2.5 million flow-through shares at C$0.22 each, with proceeds intended for eligible Canadian exploration expenses.

New Break Resources Ltd. (NBRKF) plans to raise up to C$550,000 in a private placement to support Moray gold drilling. The company announced the plan Oct. 30.

The proposed non-brokered financing consists of 2.5 million flow-through shares at C$0.22 each. Proceeds are intended for eligible Canadian exploration expenses.