Dinero Ventures Announces $600,000 Private Placement

Dinero Ventures Ltd. (TSXV: DNO) has announced a non-brokered private placement of up to 2,000,000 units at $0.30 per unit, raising up to $600,000 in gross proceeds. Each unit comprises one common share and one common share purchase warrant. The warrants are exercisable at $0.50 per share for a two-year term.

The proceeds from the offering are allocated to exploration and development at the Mount Bisson rare earth project and for general working capital. No finder's fees or commissions will be paid on the transaction. The securities carry a statutory hold period of four months and one day and are subject to TSX Venture Exchange acceptance.

Bailey Kasum has resigned from her position as Director of the Company.

Dinero Ventures Ltd. (DNO) priced its recent placement at $0.30 per share, marking a 200% increase over the April 2026 placement at $0.10 and a 300% increase over the October 2025 placement at $0.10. This pricing step-up suggests management and early investors view the asset's value as having materially improved, likely catalyzed by Phase I drilling results at the Kolbe zone in July 2026. The financing provides necessary working capital and exploration funding for the pre-revenue explorer, extending the cash runway by approximately 6-9 months given the current burn rate.

However, the issuance of 2,000,000 new shares and 2,000,000 warrants introduces significant near-term dilution. The $0.50 warrant exercise price creates a clear overhead resistance zone, capping upside until those warrants are exercised or expire. Additionally, the resignation of Director Bailey Kasum represents a minor governance development. While not immediately material to operations, it warrants monitoring for potential insider selling or strategic shifts.

Dinero Ventures Ltd. (TSX.V: DNO) is a Canadian exploration-stage company focused on acquiring and advancing high-quality mineral properties in British Columbia. Its flagship asset is the Mount Bisson Rare Earth Element (REE) property, located 65 km northwest of Mackenzie, B.C. The project comprises approximately 11,786 hectares across 15 claims and hosts a 3 km x 9 km magnetic anomaly.

Phase I drilling conducted in July 2026 targeted the Kolbe zone, confirming parallel REE-bearing zones associated with later dikes. Drill core analysis revealed coarse allanite and monazite within sheared zones. Six mineralized localities have been identified, with the Kolbe and Central zones showing the highest REE values. The company remains in the early exploration stage, with no mineral resources or reserves defined. Management expects no revenue in the foreseeable future.