Emperor Metals increases private placement to $10M

Mr. John Florek reports EMPEROR METALS ANNOUNCES PRIVATE PLACEMENT INCREASE TO $10 MILLION As a result of strong investor demand, Emperor Metals Inc. has increased the size of its previously announced best effort private placement to up to $10-million. The increased offering is being led by SCP Resource Finance LP as lead agent and sole bookrunner on behalf of a syndicate of agents, including Canaccord Genuity Corp., and consists of: Up to 15 million units of the corporation at a price of 20 cents per common unit for gross proceeds of up to $3-million; and Up to 25 million units of the corporation issued on a flow-through basis at a price of 28 cents per FT unit for gross proceeds of up to $7-million. The corporation has also granted to the agents an option exercisable, in whole or in part, up to three business days prior to closing of the offering, to increase the size of the offering by up to an additional 15 per cent of the number of offered securities. Each common unit will be composed of: (i) one common share of the corporation; and (ii) one-half of one common share purchase warrant. Each warrant shall be exercisable to acquire one common share at a price of 35 cents per common share for a period of 24 months from the closing of the offering. Each FT unit will be composed of: (i) one common share issued on a flow-through; and (ii) one-half of one warrant. Each FT share will qualify as a flow-through share (within the meaning of Subsection 66(15) of the Income Tax Act (Canada) and Section 359.1 of the Taxation Act (Quebec). It is contemplated that some or all of the FT shares will subsequently be resold or donated by certain subscribers under the offering to purchasers arranged by the agents in accordance with exemptions pursuant to applicable securities laws. The offered securities will be offered in each of the provinces of Canada pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 (Prospectus Exemptions) as amended by Coordinated Blanket Order 45-935 (Exemptions from Certain Conditions of the Listed Issuer Financing Exemption). The common units may also be offered in the United States or to, or for the account or benefit of, U.S. persons, by way of a private placement pursuant to exemptions from the registration requirements of the U.S. Securities Act of 1933, as amended, and in other qualifying jurisdictions outside of Canada and the United States that are mutually agreed to by the corporation and the agents on a private placement basis pursuant to relevant prospectus and registration exemptions in accordance with applicable laws. Subject to the satisfaction of certain conditions under applicable Canadian securities legislation, the securities issued under the offering pursuant to the LIFE are not expected to be subject to a hold period in Canada under applicable Canadian securities legislation. There is an offering document related to the offering that can be accessed under the corporation's profile on SEDAR+ and on the corporation's website. Prospective investors should read the offering document before making an investment decision. The net proceeds of the offering will be used to advance the corporation's Duquesne West project and the Lac Pelletier project in Quebec, and for general and administrative expenses and working capital purposes, as further described in the offering document. In connection with the offering, the corporation has agreed to pay the agents a cash commission equal to 6.0 per cent of the gross proceeds of the offering and issue to the agents warrants exercisable for a period of 24 months following the closing date, to acquire in aggregate that number of common shares which is equal to 6.0 per cent of the total number of offered securities issued under the offering at an exercise price equal to the common issue price. Closing of the offering is expected on or about Oct. 7, 2025, or such other date as the corporation and agents may agree. Completion of the offering is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the Canadian Securities Exchange. About Emperor Metals Inc. Emperor Metals is a high-grade gold exploration and development company focused on Quebec's Southern Abitibi greenstone belt, leveraging artificial-intelligence-driven exploration techniques. Emperor Metals is dedicated to unlocking the substantial resource potential of the Duquesne West gold project and the Lac Pelletier project, both situated in this prolific mining district. Emperor Metals is led by a dynamic group of resource-sector professionals who have a strong record of success in evaluating and advancing mining projects from exploration through to production, attracting capital, and overcoming adversity to deliver exceptional shareholder value. Under an option agreement, Emperor Metals agreed to acquire a 100-per-cent interest in a mineral claim package comprising 38 claims covering approximately 1,389 hectares, located in the Duparquet township of Quebec, from Duparquet Assets Ltd., a 50-per-cent-owned subsidiary of Globex Mining Enterprises Inc. We seek Safe Harbor.