CanCambria Energy upsizes private placement to $3 million

CanCambria Energy Corp. (TSXV: CCEC) (FSE: 4JH) (OTCQB: CCEYF) increased its non-brokered private placement financing by $1 million to $3 million due to investor demand, according to a company statement.

The Vancouver-based energy company will offer up to 7.5 million units at $0.40 per unit. Each unit consists of one common share and one warrant that allows the purchase of an additional share at $0.50 within three years of issuance.

The company plans to use proceeds to fund procurement of long-lead items for its 2026 drilling program, ongoing technical resource evaluation of the Kiskunhalas Concession Area, support of the Joint Venture process for the BA-IX tight-gas field, and general corporate purposes.

The offering may close in multiple tranches and requires regulatory approvals, including approval by the TSX Venture Exchange. All other terms remain unchanged from the company's January 5, 2026 announcement.

CanCambria Energy focuses on tight gas development and owns the Kiskunhalas Project in southern Hungary.

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