Camino Completes C$5.6 Million Investment with Strategic Investors

Executive Summary

• Camino Minerals Corp. closed a brokered private placement of 15,554,666 common shares at $0.36 per share, generating C$5,599,680 in gross proceeds.
• The financing also included the issuance of an additional 5,833,334 shares to Santiago Metals Investment Holdings entities, as previously announced.
• Proceeds will be used for working capital, legal and engineering expenses, project development, and general administrative costs.

Key Details

• Financing Structure: Brokered private placement of common shares.
• Shares Issued – Primary Placement: 15,554,666 shares at C$0.36 per share.
• Gross Proceeds: C$5,599,680.
• Key New Shareholders: Elemental Royalties (formerly EMX Royalty Corp.) and Continental General Insurance Company; plus existing insiders.
• Statutory Hold Period: Shares subject to a hold period expiring March 15 2026 under Canadian securities law.
• Additional Issuance: 5,833,334 shares issued to Santiago Metals Investment Holdings II SLU and Santiago Metals Investment Holdings II‑A LLC (previously announced).
• Use of Proceeds: Corporate working capital, legal expenses, engineering studies, project development, and general administrative expenses.
• Regulatory Condition: Financing remains subject to final acceptance by the TSX Venture Exchange (TSXV).

Notable Quotes

• “On behalf of the Board,” – Jay Chmelauskas, President and CEO (signature line)