{"success":true,"data":{"pressRelease":{"id":"163689","rtpr_id":"nNFC3wgcB2-20261007","ticker":"BKM","exchange":"","all_tickers":["BKM"],"title":"Pacific Booker Minerals Inc. to Upsize Non-Brokered Private Placement","author":"Newsfile Corp","published_at":"2026-10-07T23:14:16.168Z","article_body":"Vancouver, British Columbia--(Newsfile Corp. - October 7, 2026) - Pacific\nBooker Minerals Inc. (TSXV: BKM) (OTC Pink: PBMLF) (\"Pacific Booker\" or the\n\"Company\") today announced that the Company intends to upsize its previously\nannounced non-brokered private placement financing (the \"Offering\"), the terms\nof which were announced on October 5, 2026. Pursuant to the upsize, the\nCompany proposes to raise gross proceeds of up to approximately $12.0 million\n(previously, approximately $10.0 million) from the sale of up to 5,128,206\nunits of the Company (\"Units\") at a price of C$2.34 per Unit.\n\nEach Unit will consist of one common share of the Company (each, a \"Common\nShare\") and one Common Share purchase warrant (each, a \"Warrant\"). Each\nWarrant will entitle the holder thereof to purchase one Common Share (each, a\n\"Warrant Share\") at a price of $2.75 per Warrant Share, subject to customary\nanti-dilution adjustments, for a period of 36 months from the closing date of\nthe Offering. The Warrants will be transferable, subject to the consent of the\nCompany.\n\nThe Company intends to use the net proceeds from the Offering to advance the\nMorrison project and for general corporate purposes.\n\nThe closing of the Offering remains subject to certain conditions, including\nthe conditional approval of the TSX Venture Exchange and certain other\nconditions customary for a private placement of this nature. All securities\nissued pursuant to the Offering will be subject to a statutory hold period in\naccordance with applicable Canadian securities laws, expiring four months and\none day following the closing date of the Offering. Subscribers under the\nOffering will also agree to a contractual lock-up period of six months\nfollowing the closing of the Offering, during which period the subscribers may\nnot sell or otherwise transfer any securities purchased under the Offering\nwithout the consent of the Company, subject to customary exceptions.\n\nThe Company expects that certain \"related parties\" (as such term is defined in\nMultilateral Instrument 61-101 - Protection of Minority Security Holders in\nSpecial Transactions (\"MI 61-101\")) will participate in the Offering on the\nsame terms as arms'-length investors. Participation in the Offering by each\nsuch related party will constitute a \"related party transaction\" for the\npurposes of MI 61-101. The Company expects to rely upon exemptions from the\nformal valuation and minority shareholder approval requirements provided under\nsections 5.5(a) and 5.7(1)(a), respectively, of MI 61-101, as the fair market\nvalue of the transaction, insofar as it involves interested parties, is not\nmore than 25% of the Corporation's market capitalization.\n\nNo finder's fees, commissions or other fees are payable in connection with the\nOffering.\n\nThe securities described herein have not been, and will not be, registered\nunder the United States Securities Act of 1933, as amended (the \"U.S.\nSecurities Act\"), or any state securities laws, and accordingly, may not be\noffered or sold within the United States except in compliance with the\nregistration requirements of the U.S. Securities Act and applicable state\nsecurities requirements or pursuant to exemptions therefrom. This press\nrelease is not an offer or a solicitation of an offer of securities for sale\nin the United States, nor will there be any sale of the securities in any\njurisdiction in which such offer, solicitation or sale would be unlawful.\n\nIf you would like to be added to or removed from the email newsgroup, please\nsend your request by email to info@pacificbooker.com. PBM can be contacted by\nphone at 604 681-8556.\n\nOn Behalf of the Board of Directors\n\n\"John Plourde\"\n\nJohn Plourde, Director\n\nContact Information:\nJohn Plourde, CEO, President and Director\n(604) 681-8556\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nThis news release contains \"forward-looking information\" within the meaning of\nthe applicable Canadian securities legislation that is based on expectations,\nestimates, projections and interpretations as at the date of this news\nrelease. Any statement that involves discussions with respect to predictions,\nexpectations, interpretations, beliefs, plans, projections, objectives,\nassumptions, future events or performance (often but not always using phrases\nsuch as \"expects\", or \"does not expect\", \"is expected\", \"interpreted\",\n\"management's view\", \"anticipates\" or \"does not anticipate\", \"plans\",\n\"budget\", \"scheduled\", \"forecasts\", \"estimates\", \"believes\" or \"intends\" or\nvariations of such words and phrases or stating that certain actions, events\nor results \"may\" or \"could\", \"would\", \"might\" or \"will\" be taken to occur or\nbe achieved) are not statements of historical fact and may be forward-looking\ninformation and are intended to identify forward-looking information.\nForward-looking information in this news release includes, but is not limited\nto, statements regarding: the use of proceeds of the Offering; the timing and\nability to complete the Offering on the proposed terms; the Company's ability\nto obtain conditional approval of the TSX Venture Exchange; the potential\ndevelopment of the Morrison project; and related party participation in the\nOffering and the Company's ability to rely on certain exemptions from the\nformal valuation and minority shareholder approval requirements of MI 61-101.\nThis forward-looking information is based on reasonable assumptions and\nestimates of management of the Company at the time such assumptions and\nestimates were made, and involves known and unknown risks, uncertainties and\nother factors which may cause the actual results, performance or achievements\nof Pacific Booker to be materially different from any future results,\nperformance or achievements expressed or implied by such forward-looking\ninformation.\n\nSuch factors include, but are not limited to, the risks described in the\nCompany's most recent management discussion and analysis and those risks set\nout in the Company's other public documents filed on SEDAR+ (www.sedarplus.ca)\nunder Pacific Booker's issuer profile. Although the Company believes that the\nassumptions and factors used in preparing the forward-looking information in\nthis news release are reasonable, undue reliance should not be placed on such\ninformation, which only applies as of the date of this news release, and no\nassurance can be given that such events will occur in the disclosed timeframes\nor at all. The Company disclaims any intention or obligation to update or\nrevise any forward-looking information, whether as a result of new\ninformation, future events or otherwise, other than as required by law.\n\nNot for distribution to United States news wire services or for dissemination\nin the United States\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/318015","article_body_html":"","raw_payload":{"data":{"id":"nNFC3wgcB2-20261007","title":"Pacific Booker Minerals Inc. to Upsize Non-Brokered Private Placement","author":"Newsfile Corp","ticker":"BKM","created":"2026-10-07T23:14:16.168Z","tickers":["BKM"],"exchange":"","article_body":"Vancouver, British Columbia--(Newsfile Corp. - October 7, 2026) - Pacific\nBooker Minerals Inc. (TSXV: BKM) (OTC Pink: PBMLF) (\"Pacific Booker\" or the\n\"Company\") today announced that the Company intends to upsize its previously\nannounced non-brokered private placement financing (the \"Offering\"), the terms\nof which were announced on October 5, 2026. Pursuant to the upsize, the\nCompany proposes to raise gross proceeds of up to approximately $12.0 million\n(previously, approximately $10.0 million) from the sale of up to 5,128,206\nunits of the Company (\"Units\") at a price of C$2.34 per Unit.\n\nEach Unit will consist of one common share of the Company (each, a \"Common\nShare\") and one Common Share purchase warrant (each, a \"Warrant\"). Each\nWarrant will entitle the holder thereof to purchase one Common Share (each, a\n\"Warrant Share\") at a price of $2.75 per Warrant Share, subject to customary\nanti-dilution adjustments, for a period of 36 months from the closing date of\nthe Offering. The Warrants will be transferable, subject to the consent of the\nCompany.\n\nThe Company intends to use the net proceeds from the Offering to advance the\nMorrison project and for general corporate purposes.\n\nThe closing of the Offering remains subject to certain conditions, including\nthe conditional approval of the TSX Venture Exchange and certain other\nconditions customary for a private placement of this nature. All securities\nissued pursuant to the Offering will be subject to a statutory hold period in\naccordance with applicable Canadian securities laws, expiring four months and\none day following the closing date of the Offering. Subscribers under the\nOffering will also agree to a contractual lock-up period of six months\nfollowing the closing of the Offering, during which period the subscribers may\nnot sell or otherwise transfer any securities purchased under the Offering\nwithout the consent of the Company, subject to customary exceptions.\n\nThe Company expects that certain \"related parties\" (as such term is defined in\nMultilateral Instrument 61-101 - Protection of Minority Security Holders in\nSpecial Transactions (\"MI 61-101\")) will participate in the Offering on the\nsame terms as arms'-length investors. Participation in the Offering by each\nsuch related party will constitute a \"related party transaction\" for the\npurposes of MI 61-101. The Company expects to rely upon exemptions from the\nformal valuation and minority shareholder approval requirements provided under\nsections 5.5(a) and 5.7(1)(a), respectively, of MI 61-101, as the fair market\nvalue of the transaction, insofar as it involves interested parties, is not\nmore than 25% of the Corporation's market capitalization.\n\nNo finder's fees, commissions or other fees are payable in connection with the\nOffering.\n\nThe securities described herein have not been, and will not be, registered\nunder the United States Securities Act of 1933, as amended (the \"U.S.\nSecurities Act\"), or any state securities laws, and accordingly, may not be\noffered or sold within the United States except in compliance with the\nregistration requirements of the U.S. Securities Act and applicable state\nsecurities requirements or pursuant to exemptions therefrom. This press\nrelease is not an offer or a solicitation of an offer of securities for sale\nin the United States, nor will there be any sale of the securities in any\njurisdiction in which such offer, solicitation or sale would be unlawful.\n\nIf you would like to be added to or removed from the email newsgroup, please\nsend your request by email to info@pacificbooker.com. PBM can be contacted by\nphone at 604 681-8556.\n\nOn Behalf of the Board of Directors\n\n\"John Plourde\"\n\nJohn Plourde, Director\n\nContact Information:\nJohn Plourde, CEO, President and Director\n(604) 681-8556\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nThis news release contains \"forward-looking information\" within the meaning of\nthe applicable Canadian securities legislation that is based on expectations,\nestimates, projections and interpretations as at the date of this news\nrelease. Any statement that involves discussions with respect to predictions,\nexpectations, interpretations, beliefs, plans, projections, objectives,\nassumptions, future events or performance (often but not always using phrases\nsuch as \"expects\", or \"does not expect\", \"is expected\", \"interpreted\",\n\"management's view\", \"anticipates\" or \"does not anticipate\", \"plans\",\n\"budget\", \"scheduled\", \"forecasts\", \"estimates\", \"believes\" or \"intends\" or\nvariations of such words and phrases or stating that certain actions, events\nor results \"may\" or \"could\", \"would\", \"might\" or \"will\" be taken to occur or\nbe achieved) are not statements of historical fact and may be forward-looking\ninformation and are intended to identify forward-looking information.\nForward-looking information in this news release includes, but is not limited\nto, statements regarding: the use of proceeds of the Offering; the timing and\nability to complete the Offering on the proposed terms; the Company's ability\nto obtain conditional approval of the TSX Venture Exchange; the potential\ndevelopment of the Morrison project; and related party participation in the\nOffering and the Company's ability to rely on certain exemptions from the\nformal valuation and minority shareholder approval requirements of MI 61-101.\nThis forward-looking information is based on reasonable assumptions and\nestimates of management of the Company at the time such assumptions and\nestimates were made, and involves known and unknown risks, uncertainties and\nother factors which may cause the actual results, performance or achievements\nof Pacific Booker to be materially different from any future results,\nperformance or achievements expressed or implied by such forward-looking\ninformation.\n\nSuch factors include, but are not limited to, the risks described in the\nCompany's most recent management discussion and analysis and those risks set\nout in the Company's other public documents filed on SEDAR+ (www.sedarplus.ca)\nunder Pacific Booker's issuer profile. Although the Company believes that the\nassumptions and factors used in preparing the forward-looking information in\nthis news release are reasonable, undue reliance should not be placed on such\ninformation, which only applies as of the date of this news release, and no\nassurance can be given that such events will occur in the disclosed timeframes\nor at all. The Company disclaims any intention or obligation to update or\nrevise any forward-looking information, whether as a result of new\ninformation, future events or otherwise, other than as required by law.\n\nNot for distribution to United States news wire services or for dissemination\nin the United States\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/318015"},"type":"article","timestamp":"2026-10-07T23:14:16.217582465Z","server_sent_at_ms":1791414856217},"received_at":"2026-10-07T23:14:16.269Z","source_url":"https://www.newsfilecorp.com/release/318015"},"analysis":{"id":"152138","press_release_id":"163689","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":["related-party participation in the offering relies on MI 61-101 exemptions from valuation and minority approval","warrants add further potential dilution over 36 months"],"eventType":"offering","narrative":"Pacific Booker Minerals will upsize its non-brokered private placement to gross proceeds of up to approximately $12.0 million, from approximately $10.0 million announced October 5.\n\nThe offering comprises up to 5,128,206 units at C$2.34, each with a 36-month warrant exercisable at $2.75, with proceeds earmarked to advance the Morrison project and general corporate purposes.\n\nRelated parties are expected to participate on the same terms under MI 61-101 exemptions, and subscribers face a six-month contractual lock-up; closing remains subject to TSX Venture Exchange approval.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Micro-cap miner upsizes private placement to ~$12M with attached warrants to fund the Morrison copper-gold project."},"keyFigures":{"dealValueUsd":"approximately $12.0 million","offeringPrice":"C$2.34","sharesOffered":5128206,"customDimensions":{"warrant_term":"36 months","lockup_period":"6 months","prior_offering_size":"approximately $10.0 million","warrant_exercise_price":"$2.75"}},"quotedText":"the Company proposes to raise gross proceeds of up to approximately $12.0 million (previously, approximately $10.0 million) from the sale of up to 5,128,206 units of the Company","namedEntities":{"people":[{"name":"John Plourde","role":"CEO, President and Director"}],"products":["Morrison project"],"companies":[{"name":"Pacific Booker Minerals Inc.","ticker":"BKM","relationship":"issuer"}],"dollarAmounts":[{"amount":"$12.0 million","context":"upsized gross proceeds of private placement"},{"amount":"$10.0 million","context":"previously announced offering size"},{"amount":"C$2.34","context":"price per Unit"},{"amount":"$2.75","context":"warrant exercise price per share"}]},"materialImpact":{"score":2,"reasoning":"Upsizing of a small non-brokered private placement from ~C$10M to ~C$12M with warrants; dilutive but modest for a TSXV micro-cap, with lock-ups and no discount disclosed."},"tickerRelevance":{"others":[{"ticker":"PBMLF","relevance":"OTC ticker of the same issuer"}],"primary":"BKM"},"globalImportance":12,"audienceRelevance":8,"eventTypeSecondary":["dilution"],"importanceComponents":{"tickerTier":"micro-cap TSXV","eventGravity":"modest private placement upsize","dilutionMagnitude":"moderate","retailFavoriteBoost":0}},"event_type":"offering","event_type_secondary":["dilution"],"sentiment":"neutral","material_impact_score":2,"narrative":"Pacific Booker Minerals will upsize its non-brokered private placement to gross proceeds of up to approximately $12.0 million, from approximately $10.0 million announced October 5.\n\nThe offering comprises up to 5,128,206 units at C$2.34, each with a 36-month warrant exercisable at $2.75, with proceeds earmarked to advance the Morrison project and general corporate purposes.\n\nRelated parties are expected to participate on the same terms under MI 61-101 exemptions, and subscribers face a six-month contractual lock-up; closing remains subject to TSX Venture Exchange approval.","key_figures":{"dealValueUsd":"approximately $12.0 million","offeringPrice":"C$2.34","sharesOffered":5128206,"customDimensions":{"warrant_term":"36 months","lockup_period":"6 months","prior_offering_size":"approximately $10.0 million","warrant_exercise_price":"$2.75"}},"named_entities":{"people":[{"name":"John Plourde","role":"CEO, President and Director"}],"products":["Morrison project"],"companies":[{"name":"Pacific Booker Minerals Inc.","ticker":"BKM","relationship":"issuer"}],"dollarAmounts":[{"amount":"$12.0 million","context":"upsized gross proceeds of private placement"},{"amount":"$10.0 million","context":"previously announced offering size"},{"amount":"C$2.34","context":"price per Unit"},{"amount":"$2.75","context":"warrant exercise price per share"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-07T23:14:21.518Z","global_importance":12,"audience_relevance":8,"importance_components":{"tickerTier":"micro-cap TSXV","eventGravity":"modest private placement upsize","dilutionMagnitude":"moderate","retailFavoriteBoost":0}},"durationMs":5236,"modelName":"glm-5.3-flashx"}}