Germanium Mining Corp. Announces Non-Brokered Private Placement

Executive Summary

• Germanium Mining Corp. announced a non‑brokered private placement of up to 1,250,000 units at $0.20 per unit, targeting gross proceeds of up to CAD $250,000.
• Each unit consists of one common share and one transferable warrant allowing the purchase of an additional share at $0.30 for 12 months.
• Net proceeds will be used primarily for exploration activities and general corporate purposes, including payment of arm‑length payables.

Key Details

• Units Offered: Up to 1,250,000 units (each = 1 common share + 1 warrant).
• Pricing: CAD $0.20 per unit; gross proceeds up to CAD $250,000.
• Warrant Terms: One‑share purchase warrant per unit, exercisable at $0.30 per share for a period of 12 months from issuance.
• Use of Proceeds: Allocation toward exploration projects and general corporate purposes, including arm’s length payables.
• Finder’s Fee: Up to 10 % may be payable in accordance with CSE regulations.
• Holding Period: All securities subject to a hold period of four months and one day as required by applicable securities legislation.

Notable Quotes

(No executive quotes were included in the release.)