Capella Minerals closes $1.5-million financing

Mr. Eric Roth reports CAPELLA ANNOUNCES CLOSING OF $1,500,000 FINANCING Capella Minerals Ltd. has closed its private placement, previously announced on Oct. 8, 2025, and amended Oct. 9, 2025. The company has successfully completed the sale of an aggregate 30 million units at a price of five cents per unit for gross proceeds of $1.5-million. Each unit issued consists of one common share and one share purchase warrant, each warrant entitling the holder to acquire an additional common share for 7.5 cents per share until expiry on Nov. 6, 2028. The company paid no finders' fees in relation to the placement. Proceeds will be used for general and administrative purposes, and to continue to review and acquire potential future properties and projects. All shares issued pursuant to the private placement are subject to a hold period trading restriction that will expire on March 7, 2026. Additionally, the company wishes to announce that it has granted an aggregate 4.5 million incentive stock options to directors, officers and consultants. Of the 4.5 million stock options granted, 4.3 million options are granted to insiders and are exercisable for a period of three years at a price of 10 cents until expiry Nov. 10, 2028. About Capella Minerals Ltd. Capella is a Canadian exploration and development company with a focus on generating gold-copper projects globally. Capella announced on Sept. 2, 2025, the signing of a definitive agreement with Turkish mining company, Tumad Madencilik Sanayi Ve Ticaret A.S., for a staged earn-in on the company's portfolio of precious and base metal projects in Scandinavia. Tumad's minimum year 1 investment commitment includes 12,000 metres of diamond drilling on the company's gold-copper projects in the central Lapland greenstone belt of northern Finland (4,000 metres) and copper-cobalt-zinc VMS (volcanogenic massive sulphide) projects in central Norway (8,000 metres). Capella also retains a carried 10-per-cent interest through to production on the Lokken copper-cobalt-zinc VMS project of central Norway through a partnership with Teako Minerals Corp. In addition, Capella holds net smelter royalties on the Savant gold project in Ontario, Canada (BeMetals Corp.), and the central Finland lithium projects (Grit Metals Corp.), as a result of the recent divestiture of non-core assets. We seek Safe Harbor.