Adamera Closes Second Tranche of Flow-Through Private Placement and Plans to Raise $360,000 for Working Capital

Adamera Minerals Corp. (ADZ) has closed the second and final tranche of its flow-through private placement, raising $319,900.05. The transaction closed on July 28, 2026, involving the sale of 2,132,667 Flow-Through Units at a price of $0.15 per unit. With this closing, the total gross proceeds from the completed flow-through financing, encompassing both tranches, amount to $632,400.05 from the sale of 4,216,000 shares.

Each Flow-Through Unit consists of one common share and one-half common share purchase warrant. The warrants are exercisable at $0.40 and expire two years from issuance. An accelerated expiry clause applies if the closing market price is $0.40 or more for 10 consecutive trading days, starting four months and one day after closing; in such an event, the warrants expire 30 days after the 10th consecutive day. All securities from the second tranche are subject to a four-month hold period expiring on November 29, 2026. The company paid a cash finder’s fee of $1,995 for the second tranche.

The proceeds from the flow-through financing are designated for qualifying Canadian exploration expenditures on the South Hedley Project, which hosts gold, copper, and zinc prospects in southern British Columbia. These expenditures are eligible for the 30% Critical Mineral Exploration Tax Credit.

Separately, Adamera Minerals announced a planned working capital financing targeting $360,000. This offering will be priced at $0.10 per unit, with each unit consisting of one common share and one warrant. The warrants associated with this working capital financing are exercisable at $0.15 for a period of three years. Similar to the flow-through warrants, these warrants feature an accelerated expiry if the closing market price reaches $0.20 or more for 10 consecutive trading days, beginning four months and one day after closing, causing the warrants to expire 30 days after the 10th consecutive day.