Armory closes $550,000 private placement

Mr. Alex Klenman reports ARMORY MINING CLOSES OVERSUBSCRIBED PRIVATE PLACEMENT Armory Mining Corp. has closed its non-brokered private placement offering, previously announced by the company on Nov. 3, 2025, by issuing 10,000,001 units at a price of 5.5 cents per unit for aggregate gross proceeds of $550,000.06. Each unit is composed of one common share and one transferable common share purchase warrant. Each warrant entitles the holder to acquire an additional common share at a price of 8.5 cents per common share until Nov. 13, 2030. In connection with the offering, the company paid aggregate finders' fees of $5,900 to eligible finders. The proceeds raised from the offering are expected to be used for working capital and general corporate purposes. All securities issued under the offering are subject to a four-month hold period expiring March 14, 2026, in accordance with applicable Canadian securities laws. About Armory Mining Corp. Armory is a Canadian exploration company focused on minerals critical to the energy, security and defence sectors. The company controls an 80-per-cent interest in the Candela II lithium brine project located in the Incahuasi salar, Salta province, Argentina, and a 100-per-cent interest in both the Riley Creek antimony-gold project located in British Columbia and the Ammo antimony-gold project located in Nova Scotia. We seek Safe Harbor.