Domestic Metals arranges $3-million private placement

Executive Summary

• Domestic Metals Corp. announced a non‑brokered private placement (“LIFE offering”) of up to 10,714,285 units at C$0.28 per unit for gross proceeds of up to C$3 million.
• Each unit consists of one common share and one common share purchase warrant (exercise price C$0.40, three‑year term, with acceleration feature).
• Net proceeds are earmarked for general working capital and exploration/development activities, including the Smart Creek project in Montana.

Key Details

• Offering Size: Up to 10,714,285 units; aggregate gross proceeds up to C$3 million.
• Issue Price: C$0.28 per unit.
• Unit Composition: 1 common share + 1 common share purchase warrant.
• Warrant Terms: Exercise price C$0.40 per share; exercisable for three years from issuance; acceleration if TSX‑V price ≥ C$0.65 for 20 consecutive trading days with notice.
• Regulatory Framework: Conducted under Part 5A of NI 45‑106 and Coordinated Blanket Order 45‑935 (listed issuer financing exemption).
• Eligibility: Offered to Canadian residents outside Quebec; no hold period for Canadian subscribers.
• Closing Date: Expected on or about October 7, 2025, subject to regulatory approvals including TSX‑V acceptance.
• Use of Proceeds: General working capital and exploration/development costs (e.g., Smart Creek project).

Notable Quotes

(No CEO/President quotes were provided in the release.)