Capella arranges $1.2-million private placement

Mr. Eric Roth reports CAPELLA MINERALS ANNOUNCES FINANCING Subject to TSX Venture Exchange approval, Capella Minerals Ltd. has negotiated a non-brokered private placement of 24 million units at a price of five cents per unit. Each unit consists of one common share and one share purchase warrant exercisable for a period of three years, allowing the holder to acquire an additional common share at a price of 7.5 cents. Gross proceeds of $1.2-million will be used for general administrative costs and the sourcing, review and securing of new projects for exploration and development. The company's previously announced financing (December, 2024, and July 18, 2025) will not be proceeding beyond the first tranche closing with the issuance of 2,112,000 shares and 1,056,000 warrants exercisable at 7.5 cents until expiry July 24, 2027. The shares are subject to a restrictive trading hold period expiring on Nov. 25, 2025. To conserve capital, the company also wishes to announce that, subject to regulatory approval, it intends to settle up to $297,145 amount of recorded debt by the issuance of up to 4,952,417 common shares at a deemed price of six cents. There are no warrants associated with the settlement. Qualified persons and disclosure statement The technical information presented in this news release has been prepared in accordance with Canadian regulatory requirements set out in National Instrument 43-101 and approved by Eric Roth, the company's president and chief executive officer, a director, and a qualified person under National Instrument 43-101. Mr. Roth holds a PhD in economic geology from the University of Western Australia, is a fellow of the Australian Institute of Mining and Metallurgy, and is a fellow of the Society of Economic Geologists. Mr. Roth has 35 years of experience in international mineral exploration and mining project evaluation. About Capella Minerals Ltd. Capella is a Canadian exploration and development company with a focus on generating gold-copper projects globally. Capella announced on Sept. 2, 2025, the signing of a definitive agreement with Turkish mining company Tumad Madencilik Sanayi Ve Ticaret AS for a staged earn-in on the company's portfolio of precious and base metal projects in Scandinavia. Capella also retains a carried 10-per-cent interest through to production on the Lokken copper-cobalt-zinc volcanogenic massive sulphide project of central Norway through a partnership with Teako Minerals Corp. Capella holds equity positions in Teako and Grit Metals Corp. (formerly European Energy Metals Corp.), together with net smelter royalties on the Savant gold project in Ontario, Canada (Bemetals Corp.) and the central Finland lithium projects (Grit) as a result of the recent divestiture of non-core assets. We seek Safe Harbor.