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Stocks•13 April 2026•

1 min read

Stack Capital and Brixton Metals Close Private Placements to Raise Capital

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Key Facts

1Stack Capital Group closed an upsized private placement for $31.25 million, bringing aggregate gross proceeds to $40.0 million.

2Brixton Metals announced the closing of a $4 million non-brokered private placement.

3Canaccord Genuity Corp. led Stack Capital's private placement as lead agent and sole bookrunner.

Stack Capital Group Inc. (TSX: STCK) and Brixton Metals have successfully concluded their respective private placement rounds to strengthen their financial positions. Stack Capital closed an upsized offering for $31.25 million, bringing its total aggregate gross proceeds to $40 million. The placement was led by Canaccord Genuity Corp., which acted as the lead agent and sole bookrunner for the transaction. Meanwhile, Brixton Metals finalized a non-brokered private placement totaling $4 million. Both companies intend to utilize the newly raised capital to support their investment mandates and ongoing operational requirements. These capital-raising activities are standard for small-to-mid-cap firms seeking to maintain liquidity for future growth and strategic initiatives.