Clarity Metals arranges $1.75-million financing

Mr. James Rogers reports CLARITY METALS ANNOUNCES NON-BROKERED PRIVATE PLACEMENT Clarity Metals Corp. has arranged a non-brokered private placement for aggregate gross proceeds of up to $1,725,000 from the sale of the following: Up to five million non-flow-through (NFT) units in the capital of the company at a price of 7.5 cents per unit for gross proceeds of up to $375,000 from the sale of the units; Up to 15 million flow-through (FT) units in the capital of the company at a price of nine cents per FT unit for gross proceeds of up to $1.35-million from the sale of the FT units. Each unit will consist of one common share of the company and one-half of one transferable share purchase warrant. Each warrant entitles the holder to purchase an additional share of the company at an exercise price of 12 cents per warrant share for a period of three years from the date of closing of the offering. Each FT unit will consist of one critical flow-through common share of the company and one-half of one warrant. Each warrant entitles the holder to purchase an additional warrant share at an exercise price of 12 cents per warrant share for a period of three years from the date of closing of the offering. The company intends to use the proceeds of the offering for the exploration of the company's Fecteau gold project, located in the province of Quebec, for marketing and for general working capital purposes. Insiders may participate in the offering. The gross proceeds from the issuance of the FT units will be used to incur resource exploration expenses, which will constitute Canadian exploration expenses, as defined in Subsection 66.1(6) of the tax act, and flow-through critical mineral mining expenditures, as defined in Subsection 127(9) of the tax act, which will be renounced with an effective date no later than Dec. 31, 2025, to the purchasers of the FT units in an aggregate amount not less than the gross proceeds raised from the issue of the FT units. The closing of the offering is subject to receipt of all necessary regulatory approvals, including the Canadian Securities Exchange. Finders' fees will be payable in accordance with applicable securities laws and the policies of the CSE. All securities issued in connection with the offering will be subject to a statutory hold period expiring four months and one day after closing of the offering. Any participation by insiders in the offering will constitute a related party transaction under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions, but is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101. About Clarity Metals Corp. Clarity is a Canadian mineral exploration project generator company focused on the acquisition, exploration and development of precious and base metals projects. Clarity's exploration mandate is global and focused on countries with established legal and regulatory systems supporting mining investment. The company is based in Vancouver, B.C., and is listed on the CSE under the symbol CMET. We seek Safe Harbor.