Emperor Metals arranges $6.5-million private placement

Executive Summary

• Emperor Metals Inc. announced a $6.5 million "best efforts" private placement led by SCP Resource Finance LP to fund the advancement of its Duquesne West and Lac Pelletier projects in Quebec.
• The offering consists of two tranches: up to 12.5 million common units at $0.20 per unit and up to 14,286,000 flow-through (FT) units at $0.28 per unit.
• The company plans to use the net proceeds for project advancement, working capital, and general administrative expenses, with closing expected on or about October 7, 2025.

Key Details

• Total Gross Proceeds: Up to $6,500,080.
• Tranche 1 (Common Units): Up to 12,500,000 units at $0.20 per unit for gross proceeds of up to $2,500,000.
• Tranche 2 (Flow-Through Units): Up to 14,286,000 units at $0.28 per unit for gross proceeds of up to $4,000,080.
• Over-Allotment Option: Agents have an option to increase the offering size by up to 15% exercisable up to three business days prior to closing.
• Unit Composition (Common): Each common unit comprises one common share and one-half of one common share purchase warrant.
• Unit Composition (FT): Each FT unit comprises one common share issued on a flow-through basis and one-half of one warrant.
• Warrant Terms: Each warrant is exercisable to acquire one common share at an exercise price of $0.35 per share for a period of 24 months from closing.
• Agent Compensation: Cash commission of 6.0% of gross proceeds plus warrants to acquire common shares equal to 6.0% of the total number of offered securities, exercisable at the common issue price for 24 months.
• Use of Proceeds: Advancement of the Duquesne West and Lac Pelletier projects in Quebec, general and administrative expenses, and working capital.
• Regulatory Basis: Offered under the Listed Issuer Financing Exemption (LIFE) in Canada and private placement exemptions in the US and other jurisdictions.
• Closing Date: Expected on or about October 7, 2025, subject to regulatory approvals including the Canadian Securities Exchange.

Notable Quotes

• John Florek, CEO: "We are thrilled to be partnering with SCP on this brokered financing, a strategic collaboration that will enable us to fully dedicate our efforts to unlocking the true potential of this exceptional deposit."
• John Florek, CEO: "Our goal is to maintain the strong momentum and success we've built on this project. To that end, we plan to immediately launch our next drill program following the close of this financing, driving us toward even greater growth and discovery."