Adamera Closes $253,500 Flow-Through Private Placement

Executive Summary

• Adamera Minerals closed the flow‑through portion of its private placement, raising $253,500 from the sale of 3,900,001 FT Units at $0.065 per unit.
• Proceeds are earmarked for qualifying Canadian exploration on newly identified gold, copper and zinc prospects in the South Hedley Project, with potential eligibility for a 30 % Critical Mineral Exploration Tax Credit.
• A related‑party transaction involved a director/officer acquiring 507,693 FT Units, relying on TSX Venture Exchange exemptions because the transaction did not exceed 25 % of market capitalization.

Key Details

• Units sold: 3,900,001 Flow‑Through Units (each unit = 1 common share + ½ warrant).
• Price per unit: $0.065; gross proceeds: $253,500.
• Warrant terms: Each full warrant exercisable at $0.12 for two years; accelerated expiry if TSX V price ≥ $0.16 for 10 consecutive trading days after four months and one day, expiring on the 30th day thereafter.
• Hold period: All securities subject to a four‑month hold expiring May 1 2026.
• Cash finder’s fee: $7,312.50.
• Use of proceeds: Qualifying Canadian exploration expenditures on gold, copper and zinc prospects within the South Hedley Project; potential claim for 30 % Critical Mineral Exploration Tax Credit.
• Related‑party participation: Director/officer purchased or acquired control over 507,693 FT Units (≈13 % of total units). Transaction qualifies for MI 61‑101 exemptions because fair market value does not exceed 25 % of market cap.
• Future steps: Company will close the non‑flow‑through portion of the private placement in early 2026.

Notable Quotes

“The successful closing of this financing provides us with essential capital to advance our high‑grade gold, copper and zinc exploration programs on the South Hedley Project,” – Mark Kolebaba, President & CEO.