Carcetti Capital plans to raise C$2.5M via insider convertible debentures to acquire the Hemlo Gold Mine, rebranding as Hemlo Mining Corp. with share consolidation and hold periods.

Carcetti Capital Corp. announced on November 6, 2025, plans to raise C$2.5 million via convertible debentures from key insiders, with proceeds funding the Hemlo Gold Mine acquisition. The company will also issue 5 million shares as payment for advisory services, subject to a one-year hold and right of first refusal. A corporate amalgamation will rename the firm Hemlo Mining Corp., consolidate shares at a two-thirds ratio, and require exchange and corporate approvals. All securities face a four-month-and-one-day hold period under Canadian law.