Capella Minerals increases financing to $1.5-million

Executive Summary

• Capella Minerals Ltd. increased its previously announced financing from $1.2 million (24 M units) to $1.5 million (30 M units) at a price of C$0.05 per unit, pending TSX Venture Exchange approval.
• Each unit includes one common share and one three‑year warrant exercisable at C$0.075 per share.
• The company may pay finder’s fees to eligible finders; all placed shares will be subject to the statutory hold period (four months and one day).

Key Details

• Original financing (announced Oct 8, 2025): 24 million units at C$0.05 per unit = $1.2 million gross proceeds.
• Revised financing: 30 million units at C$0.05 per unit = $1.5 million gross proceeds.
• Unit composition: 1 common share + 1 warrant; warrant term – exercisable for three years at C$0.075 per additional share.
• Regulatory condition: Subject to approval by the TSX Venture Exchange.
• Finder’s fees: Company may pay fees to eligible finders in connection with the placement.
• Statutory hold period: All shares issued under the placement will be subject to a four‑month‑and‑one‑day trade restriction per securities law requirements.

Notable Quotes

(No direct quotes were provided in the release.)