Mr. Scott Eldridge reports
MILITARY METALS ANNOUNCES LIFE OFFERING
Military Metals Corp. has arranged a non-brokered private placement under the listed issuer financing exemption (as defined herein) of a minimum of 6,944,445 units of the company for minimum gross proceeds of approximately $2.5-million and a maximum of 8,333,334 units for maximum gross proceeds of approximately $3-million at a purchase price of 36 cents per unit.
Each unit will consist of one common share in the capital of the company and one-half of one common share purchase warrant. Each warrant will be exercisable to acquire one additional share at an exercise price of 55 cents for a period of 12 months from the date issuance.
Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106, Prospectus Exemptions, the offering is being made pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 to purchasers resident in all provinces of Canada, except Quebec, and other qualifying jurisdictions. The securities offered under the listed issuer financing exemption will not be subject to a hold period in accordance with applicable Canadian securities laws.
There is an offering document related to the offering that can be accessed under the company's profile on SEDAR+ and on the company's website. Prospective investors should read the offering document before making an investment decision.
In connection with the offering, the company will pay finders' fees of up to 7.0 per cent of the gross proceeds raised by the company from the sale of units to subscribers directly introduced to the company by eligible finders. In addition, the company will issue to eligible finders non-transferable finders' warrants of up to 7.0 per cent of the number of units sold in the offering. Each finder's warrant will entitle the holder to acquire one share at a price of 55 cents each for a period of 12 months from the date of issuance.
The company intends to use the proceeds from the offering for technical work, including completion of a preliminary economic assessment at the company's flagship Trojarova antimony-gold project and definition infill drilling. The offering is expected to close on or about Nov. 27, 2025.
About Military Metals Corp.
The company is a British Columbia-based mineral exploration company that is primarily engaged in the acquisition, exploration and development of mineral properties with a focus on antimony.
We seek Safe Harbor.
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