Arbor Metals Announces Private Placement

• Arbor Metals Corp. announced a non-brokered private placement on May 11, 2026.
• The offering consists of up to 3,000,000 units priced at $0.14 per unit.
• Gross proceeds are capped at approximately $420,000 CAD.
• Each unit includes one common share and one warrant exercisable at $0.22 for 36 months.
• Proceeds are designated for exploration at the Jarnet lithium project and general working capital.
• The offering is conducted under the Listed Issuer Financing Exemption (LIFE) on the TSX Venture Exchange.

• Dilution Risk: The issuance of 3,000,000 units represents significant dilution relative to a small-cap structure, though exact share count is not disclosed in provided data.
• Price Discount: The offering price of $0.14 is approximately 20% below the recent trading range ($0.17-$0.18), indicating weak market sentiment or urgent liquidity needs compared to previous financings.
• Capital Size: The amount raised ($420,000) is less than half of the $1 million raised in November 2025 at a higher price point ($0.20), suggesting deteriorating investor appetite or cash flow constraints.
• Operational Continuity: While necessary for funding exploration, the small size limits the scope of potential advancement compared to prior capital raises.

• Company: Arbor Metals Corp., focused on lithium and rare-earth exploration in Canada.
• Flagship Project: Jarnet Lithium Project located in the James Bay region of Quebec.
• Project Status: Exploration stage; drilling programs ongoing to define pegmatite dike swarms.
• Secondary Assets: Ernest REE project (acquired via claim exchange) and Kemlee Lake lithium project in Ontario.
• Management: Mark Ferguson (CEO), Richard Ko (CFO).