PPI Capital
April 10, 2026
Ragland Labs Intelligence Engine
KJ
Hello, Kamar
Prepared for Kamar Jones · PPI Capital Limited
Today's Signal
4 Priority Alerts
7 Watchlist
90 Filtered
Top: Guardian Exploration G9
00

Signal Update — April 19, 2026

Live Detection

New SEDAR+ filing detected on April 19 via JMN and Morningstar syndication — 9 days after this brief was generated. Proof the pipeline runs continuously. One qualifying private placement surfaced this week.

Abasca Resources Inc.

TSXV: ABA · Northern Saskatchewan, Canada
G7
G-Score
C$2,500,000 No Investor Warrants Graphite · Critical Mineral Canada · Low Risk Exploration Stage

Non-brokered PP filed April 14 on SEDAR+ — 9M flow-through shares at C$0.25 + 1.25M non-flow-through shares at C$0.20. Proceeds fund 2026 exploration at the Loki Flake Graphite Deposit (11.31 Mt @ 7.65% Cg inferred). 4,922m drilled in Winter 2026 program; strike-length expanded from 600m to 1.4km.

Gravity Assessment Hits PPI criteria on 4/5 dimensions — critical mineral commodity ✓, Canadian jurisdiction ✓, exploration stage ✓, SEDAR+ source ✓. Friction point: no investor warrants (finder's warrants only at 6% of FT shares). Flow-through structure adds tax efficiency. Would upgrade to G8 if warrant coverage confirmed in a second tranche.
✓ Filing: SEDAR+ Sourced via JMN · Morningstar
Filed: Apr 14, 2026 · Detected: Apr 19, 2026
01

Priority Alerts

G7+ · 4 deals

Guardian Exploration

G9
$2,500,000 Full Warrant Canada

Proposed $2.5M flow-through financing — 10,000,000 units at $0.25/unit, each unit includes warrants (GX/GXUSF).

Full warrants in each unit + $2.5M deal size squarely in PPI's sweet spot + exploration stage + gold focus — hits 4 of 5 PPI criteria.
Junior Mining Network Apr 9, 2026

Nord Precious Metals

G9
$2,000,000 Full Warrant Canada

Unit financing — 13,333,333 units at $0.15/unit, each unit comprised of shares and warrants (NTH/CCWOF).

Full warrants (shares + warrants per unit) + $2M deal + precious metals focus + micro-cap exploration — textbook PPI deal structure.
Junior Mining Network Apr 9, 2026

Goldstorm Metals

G8
$4,000,000 Flow-Through Units Canada

LIFE offering — HD Units at $0.20 and FT Units with flow-through components (GSTM).

Unit structure with flow-through components on $4M deal + micro-cap exploration + gold focus — unit pricing at $0.20 suggests deep value entry.
Junior Mining Network Apr 9, 2026

Excalibur Metals

G8
$3,600,000 Half Warrant (1:0.5) Canada

Closing of $3.6M private placement — 18,000,000 units, each consisting of one common share and one-half warrant (EXCL).

Half warrants (1:0.5) on $3.6M non-brokered PP + exploration stage + 18M unit structure — strong fit, warrant ratio slightly below full.
Junior Mining Network Apr 9, 2026
02

Watchlist

G4–6 · 7 deals
Company Deal Size G-Score Signal Note
Brixton Metals $4,000,000 G7 Critical mineral flow-through, no explicit warrant confirmed — watch for amended announcement.
Benton Resources $2,500,000 G7 Flow-through units at $0.08 + junior exploration, warrant structure not explicit — monitor for confirmation.
Nation Gold Corp. — G6 EDGAR Form D filed today, Vancouver. High credibility, warrant disclosure pending full filing details.
San Lorenzo Gold Corp. — G6 EDGAR Form D filed Apr 9, Calgary. Monitor for warrant terms in amendment.
Tincorp Metals Inc. — G6 Vancouver junior metals, critical minerals relevance. Apr 8 EDGAR filing — warrant unconfirmed.
Silver47 Exploration Corp. — G6 Silver explorer, Jan 2026 EDGAR filing. Strong commodity alignment, stale recency — monitor for fresh filing.
Consolidated Lithium Metals $8,900,000 G6 Lithium critical minerals, deal above PPI range, no warrants mentioned — watchlist for follow-on tranche.
03

Noise Removed

90 filings reviewed and filtered by Gravity Engine — noise removed. Deals below G4 excluded: no warrant structure, deal size outside PPI range, or development-stage companies that don't match fund criteria.

G1–G3 Filtered
04

Ghana Operations Watch — Ashanti Region

12 licenses

Adjacent license activity near Pelangio Exploration's Manfo and Obuasi properties. 3 Obuasi District licenses identified with direct adjacency — highlighted below.

License Holder Type Status Expiry License Code
Shepherd Mining
Obuasi District
Small Scale Licence (Obuasi District)
Active
01-01-2030
SSML-O6 12/2025
Jodadz Mining Enterprise
Obuasi District
Small Scale Licence (Obuasi District)
Active
22-12-2029
SSML-O6 16/2024
Culture of Change Mining
Obuasi District
Small Scale Licence (Obuasi District)
Active
16-12-2029
SSML-O6 17/2024
Kanu Equipment Ghana Limited
Support Service (Class A)
Active
30-12-2026
MC 3051/2021
Pesi Engineering Services International
Support Service (Class A)
Active
20-05-2026
MC 5549/2025
Vicwus Mining Limited
Small Scale Licence (Bibiani District)
Active
31-12-2029
SSML-B11 1/2025
E K Bonsu Limited
Support Service (Class A)
Active
30-12-2025
MC 4824/2023
Mining Process & Project Engineering Ghana
Support Service (Class A)
Active
30-12-2025
MC 4753/2023
Presank Enterprise Limited
Support Service (Class C)
Active
30-12-2025
MC 4496/2023
ETG Curechem Ghana LTD
Support Service (Class A)
Active
30-12-2025
MC 4778/2023
Chosen Empire Enterprise
Small Scale Licence (Bibiani District)
Active
18-12-2029
SSML-B11 12/2024
Achaa Mining Company Limited
Mining Lease (Ghanaian)
Active
18-12-2034
RL-6/105 (Anyinaso)

219 active licenses identified in Ashanti Region. Data sourced from Ghana Minerals Commission via browser agent. Showing page 1 of ~19. Shaded rows = Obuasi District — direct adjacency to Pelangio Exploration's Manfo and Obuasi properties.

05

Macro Signal

Gold Spot · April 2026
$3,230
Near all-time highs
Per troy oz · USD

US IRA critical minerals provisions and Canada's Critical Minerals Strategy continue to support exploration-stage funding activity across gold, silver, lithium, and copper sectors. Flow-through share structures remain the dominant vehicle for Canadian junior exploration financing in Q1–Q2 2026, providing favourable tax treatment that reduces effective entry cost for investors.

06

Gravity Engine Methodology

The Gravity Engine scores each filing across three dimensions: Deal Attractiveness (does this match PPI Capital's investment criteria — warrant structure, deal size, stage, and commodity focus?), Source Credibility (how reliable is the filing source?), and Recency (how fresh is the signal?). Scores are weighted 50/30/20 and combined into a single G-score from 1–10. Signals at G7 and above are surfaced as Priority Alerts. Everything below G4 is filtered — you see signal, not noise.

Deal Attractiveness ×0.50
Source Credibility ×0.30
Recency ×0.20
Priority Alert Threshold G7+