Domestic hires TMC for work at SC, arranges placement

Executive Summary

• Domestic Metals Corp. announced a non-brokered private placement of up to 12.5 million units at $0.28 per unit, raising up to $3.5 million in gross proceeds to fund exploration at the Smart Creek project and general working capital.
• The company initiated a 27 line-kilometer induced polarization (IP) geophysical program at Smart Creek, Montana, to refine drill targets for a planned 9,000-meter diamond drilling program scheduled for Q1/Q2 2026.
• Recent 2025 surface sampling results identified significant high-grade mineralization, including up to 102 g/t Au, 23.1% Cu, and 3,810 g/t Ag, expanding the known mineralized footprint and generating investor interest.

Key Details

• Financing Structure:
  • Type: Non-brokered private placement.
  • Units: Up to 12.5 million units.
  • Price: $0.28 per unit.
  • Gross Proceeds: Up to $3.5 million.
  • Warrants: Each unit includes one common share purchase warrant. Each whole warrant allows the purchase of one additional share at $0.40/share for two years.
  • Acceleration Clause: Warrants may be accelerated if the share price closes at or above $0.65 for 20 consecutive trading days.
  • Use of Proceeds: Exploration of the Smart Creek project in Montana and general working capital.
  • Hold Period: Four-month hold period on all securities issued.
  • Regulatory: Closing subject to TSX Venture Exchange approval.
• Exploration & Geophysics:
  • Program: 27 line kilometers of electrical geophysics (Induced Polarization/IP).
  • Contractor: TMC Geophysics.
  • Objective: Expand historical IP coverage, obtain chargeability/resistivity values to identify sulphides and hydrothermal alteration, and derisk drill targets for porphyry and carbonate replacement deposits.
  • Future Drilling: Geophysics results will guide a larger diamond drilling program of up to 9,000 meters scheduled for Q1/Q2 2026.
• 2025 Surface Sampling Results (High-Grade Assays):
  • Sample G019007: 102 g/t Au.
  • Sample G019235: 74.7 g/t Au, 13.8% Cu, 3,810 g/t Ag.
  • Sample G019001: 30.4 g/t Au.
  • Sample G019353: 26.6 g/t Au.
  • Sample G019225: 23.1% Cu, 424 g/t Ag.
  • Sample G019031: 19.65% Cu, 458 g/t Ag.
  • Sample G019038: 19.05% Cu, 582 g/t Ag.
• Technical Information:
  • Reviewed and approved by Daniel MacNeil, PGeo, Technical Adviser and Qualified Person under NI 43-101.

Notable Quotes

• "We expanded our exploration budget significantly to accommodate additional geophysics and up to 9,000 m of diamond drilling at Smart Creek. This follows the discovery of high-grade mineralization, including up to 102 g/t gold, 23 per cent copper and 3,810 g/t silver we announced last month. These field campaign results generated significant unsolicited capital market interest making this private placement announcement timely. The geophysics program to be launched this week will refine drill targets for the larger diamond drill program scheduled to start in Q1 2026." — Gord Neal, Chief Executive Officer