Canamera Closes $4.613 Million Financing Between LIFE Offering and Non-Brokered Private Placement

Executive Summary

• Canamera Energy Metals Corp. closed two non‑brokered private placements, raising a total of $4,613,947.25 in gross proceeds.
• The “LIFE Offering” sold 3,844,409 units at $0.55 per unit; the “Concurrent Offering” sold 3,787,155 flow‑through units at $0.66 per unit.
• Proceeds will be used to advance projects, meet property acquisition obligations, fund working capital and general corporate purposes, and (for the flow‑through portion) generate Canadian exploration expense tax benefits.

Key Details

• LIFE Offering
• Units issued: 3,844,409
• Price per Unit: $0.55
• Gross proceeds: $2,114,424.95
• Composition of each Unit: 1 common share + ½ common‑share purchase warrant (exercise price $0.65, 24‑month term).

• Finder’s fees paid: $50,688.00; Finder’s warrants issued: 92,160 (exercise price $0.65, 24‑month term, subject to a 4‑month + 1‑day hold period).

• Concurrent Flow‑Through Offering

• FT Units issued: 3,787,155
• Price per FT Unit: $0.66
• Gross proceeds: $2,499,522.30
• Composition of each FT Unit: 1 flow‑through common share + ½ common‑share purchase warrant (exercise price $0.75, 24‑month term).

• Finder’s fees paid: $60,000.14; FT Finder’s warrants issued: 90,909 (exercise price $0.75, 24‑month term, subject to a 4‑month + 1‑day hold period).

• Use of Proceeds

• LIFE Offering net proceeds: advance projects, maintain existing property acquisition obligations, working capital, general corporate purposes, and investor relations.

• Concurrent Offering proceeds: incurred as “Canadian exploration expenses” (CEE) to qualify as flow‑through mining expenditures for tax renunciation.

• Regulatory Notes

• Units issued under the Listed Issuer Financing Exemption (LIFE Exemption) – no hold period required under Canadian securities law.
• All securities are not registered in the United States and may not be offered or sold there absent an exemption.

Notable Quotes

• Brad Brodeur, Chief Executive Officer: “The successful closing of both offerings provides us with the capital needed to advance our rare‑earth projects across Brazil, the United States, and Canada while also supporting our strategic goal of contributing to a Western supply chain for critical minerals.”