Trinity One Metals Closes Fully Subscribed Private Placement

Executive Summary

• Trinity One Metals closed a non‑brokered private placement of 15,000,000 units at $0.05 per unit, raising gross proceeds of $750,000.
• Each unit consists of one common share and one transferable warrant exercisable at $0.075 per share until 17 Oct 2028; finders received additional warrants.
• Net proceeds will be used to assess new growth opportunities, maintain the existing exploration portfolio, and for general working capital.

Key Details

• Units Issued: 15,000,000 units @ $0.05 each → Gross Proceeds: $750,000.
• Unit Composition: 1 common share + 1 transferable warrant (exercise price $0.075, expiry 17 Oct 2028).
• Finder Compensation: $23,850 paid; 477,000 finder warrants issued (exercise price $0.075, expiry 17 Oct 2027).
• Hold Period: All securities subject to a hold period expiring 18 Feb 2026 per TSX‑V regulations.
• Related Party Participation: Two directors and one officer subscribed for aggregate proceeds of $142,500 (15% of total offering).
• Early Warning Disclosures:
• Matthew Wood acquired 550,000 units ($27,500) – post‑offering ownership ~8.87 % undiluted, 15.10 % partially diluted.
• Thomas Wood (CEO) acquired 2,000,000 units ($100,000) – post‑offering ownership ~6.00 % undiluted, 11.33 % partially diluted.
• Use of Proceeds: Assessment of new growth opportunities, maintenance of existing exploration portfolio, general working capital.
• Regulatory Notes: Offering pending final TSX‑V approval; related‑party transactions rely on MI 61‑101 exemptions; no material change report filed prior to closing.

Notable Quotes

• “The net proceeds will enable us to evaluate additional growth projects while sustaining our current exploration activities,” – Thomas Wood, CEO.