Resouro amends private placement

Executive Summary

• Resouro Strategic Metals Inc. amended its previously announced non‑brokered private placement, now offering 15 million units at $0.20 per unit for up to $3 million gross proceeds.
• Each unit consists of one common share and half of a common‑share purchase warrant (full warrant exercisable at $0.30 per share for three years).
• Net proceeds are earmarked to advance the engineering program toward a Preliminary Economic Assessment for the Tiros project and for general working capital.

Key Details

• Amended Terms: 15 million units @ $0.20/unit → up to $3 M gross proceeds.
• Unit Composition: 1 common share + ½ warrant (full warrant exercisable at $0.30/share, three‑year term).
• Closing Timeline: Expected single‑tranche close by end of September 2025.
• Regulatory Conditions: Subject to TSX Venture Exchange approval and other required regulatory clearances.
• Placement Capacity: Conducted under ASX Listing Rules 7.1 & 7.1A; no related parties participating.
• Resale Restriction: All securities subject to a four‑month resale restriction per applicable legislation.
• Use of Proceeds:
• Advance engineering program for the Tiros titanium and rare earth project (step toward Preliminary Economic Assessment).
• General working capital needs.
• Finder’s Fees: Company may pay eligible finder fees to persons introducing subscribers, in line with securities laws and TSX Venture Exchange policies.

Notable Quotes

(No direct quotes provided in the release.)