Mr. Mark Kolebaba reports
ADAMERA CLOSES $1,001,000 HARD DOLLAR PRIVATE PLACEMENT
Adamera Minerals Corp. has
closed the hard-dollar portion of the private placement as announced on Oct. 9 and Dec. 16, 2025, and Jan. 15, 2026.
In addition to the $253,500 raised in the flow-through financing in December, 2025, the company raised a further $1,001,000 from the sale of 18.2 million units at 5.5 cents per unit.
Each unit consists of one common share and one common share purchase warrant. Each warrant is exercisable at a price of 12 cents for a period of three years from the date of issuance to purchase a share.
If the closing market price of the company's common shares on the TSX Venture Exchange is 16 cents or more over a period of 10 consecutive trading days at any time after the date that is four months and one day after the closing, the warrants will expire on the 30th day after the 10 consecutive trading days at or above 16 cents unless exercised by the holder on or before the accelerated expiry date.
All securities are subject to a four-month hold
expiring on May 31, 2026. The company did not pay any finder's fee for this hard-dollar portion of the financing.
Two directors of the company purchased or acquired direction and control over a total of 742,013 units under the private placement. The placement to these people constitutes a related-party transaction within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions) adopted in the policy. The company has relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of related-party participation in the placement as neither the fair market value (as determined under MI 61-101) of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involved the related parties, exceeded 25 per cent of the company's market capitalization (as determined under MI 61-101).
About
Adamera Minerals Corp.
Adamera is focused on exploring for high-grade gold, silver and copper deposits in Washington State and British Columbia. The company holds numerous drill-ready gold silver and copper targets in areas with past-producing mines.
We seek Safe Harbor.
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