Inflection Resources Completes Oversubscribed Private Placement for Gross Proceeds of $3,345,000

Executive Summary

• Inflection Resources Ltd. completed an oversubscribed non‑brokered private placement raising $3,345,000 in gross proceeds.
• The offering consisted of 13,380,000 units at $0.25 per unit, each unit containing one common share and half of a warrant (full warrant exercisable at $0.40 for 24 months).
• Proceeds are earmarked primarily for exploration drilling on the Company’s 100 % owned projects in Australia’s Northern Territory and New South Wales.

Key Details

• Units Issued: 13,380,000 (each = 1 common share + ½ warrant)
• Price per Unit: $0.25 → Gross proceeds: $3,345,000
• Warrant Terms: Each whole warrant exercisable for one additional common share at $0.40, with a 24‑month term.
• Insider Participation: An insider purchased 30,000 units; treated as a related‑party transaction under MI 61‑101, exempt from formal valuation and minority approval (fair market value < 25 % of market cap).
• Finder’s Fees: $136,975 paid in cash plus 547,900 finder warrants exercisable at $0.40 for 24 months.
• Restriction on Trading: All securities issued are restricted from trading until July 19, 2026.
• Use of Proceeds: Primarily to fund exploration drilling on 100 % owned projects in the Northern Territory and New South Wales, Australia.

Notable Quotes

“The strong investor demand for this offering reflects confidence in our exploration strategy and provides us with the capital needed to advance our high‑potential Australian assets.” – Alistair Waddell, President and CEO

Materiality Assessment: Material – Positive (significant financing that directly funds core exploration activities).