Subject: Empire Metals Corp. - news release
PDF Document
File: Attachment EP_NR_2025_07_11_PP_Closed.pdf
July 11, 2025 Trading Symbol: EP
Tel: 604.683.3288 Website: www.empiremetalscorp.com
Toll Free: 1.888.880.2288
EMPIRE CLOSES $600,000 FINANCING
Empire Metals Corp. ("Empire") (TSX.V-EP) has closed its previously announced private placement
financing, issuing 10,000,000 units at $0.06 per unit for proceeds of $600,000. Each unit is comprised of
one common share and one five-year transferable warrant with each warrant entitling the holder to
purchase one additional share at a price of $0.08 per share. $170,000 was issued on a flow-through basis.
The flow-through shares comprising the 2,833,333 flow-through units and 2,833,333 flow-through shares
issuable upon exercise of the warrants comprising the flow-through units will entitle holders to receive
tax benefits applicable to flow-through shares in accordance with provisions of the Income Tax Act
(Canada).
Proceeds of the financing will be used for general corporate purposes, exploration and development at the
Company's various Canadian exploration projects, property payments, working capital, debt reduction,
and maintaining and advancing Empire's existing properties and projects. The financing terms have been
accepted for filing by the TSX Venture Exchange. The units are restricted from trading until November
12, 2025.
Empire also announces the grant of a total of 7,200,000 stock options to acquire common shares of the
Company exercisable at $0.085 per share, for a five-year term. The options are granted pursuant to the
Company's stock option plan and are subject to applicable regulatory hold periods.
Empire is a Canadian resource exploration and development company. Empire recently optioned up to a
70% interest in a Yukon Gold Project. Empire owns a 100% interest in the Buck Lake Platinum,
Palladium, Nickel and Gold Project located in Ontario, Canada near the Lac Des Iles platinum palladium
mine. Empire also holds a controlling interest in the Fox Creek Lithium Project in Alberta and the Gwyn
Lake gold project located in the heart of the historic Beardmore-Geraldton greenstone gold belt
in Ontario.
EMPIRE METALS CORP. For further information contact:
Mark C. Patchett, President
PER: "Mark Patchett" E-mail: mark@empiremetalscorp.com
Tel: 604.683.3288
MARK PATCHETT
President
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.
Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no
right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in
documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of
mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to
comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles,
potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore
involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
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