CUPANI METALS NON-BROKERED PRIVATE PLACEMENT AT $.0125 PER HARD CASH UNIT

Executive Summary

• Cupani Metals Corp. announced it will price its hard‑cash (HC) units at $0.125 per unit, each consisting of one common share and one full warrant exercisable at $0.25 for up to 24 months.
• The company expects the second tranche (closing Dec 29 2025) and third/final tranche (closing Jan 29 2026) to raise more than $500,000 in aggregate gross proceeds from HC units.
• Management also applied for Québec refundable exploration tax credits estimated at ≈ $600,000, which would be used for working capital and general corporate purposes.

Key Details

• Pricing & Structure: HC Units priced at $0.125 each; each unit = 1 common share + 1 full warrant (exercise price $0.25, exercisable up to 24 months from closing).
• Tranche Schedule:
• 2nd tranche – expected close Dec 29 2025, comprising FT Units and HC Units.
• 3rd/final tranche – expected close Jan 29 2026, HC Units only.
• Proceeds Target: Aggregate gross proceeds from HC units anticipated to exceed $500,000 (subject to customary closing conditions).
• First Tranche Recap: Closed Dec 15 2025 with $2,051,224.18 raised via FT Units. Finder’s fees paid: $16,236.23; 377,142 compensation HC Units issued to finders on the same terms as the offering.
• Exploration Tax Credit Application: Estimated cash rebate of ≈ $600,000 from Québec refundable exploration tax credits (2024 eligible expenditures); intended for working capital and general corporate purposes.
• Subscription Access: Subscription agreements for HC Units available via provided link.

Notable Quotes

(No direct quotes were included in the release.)