Domestic Metals increases placement to $4.5-million

Executive Summary

• Domestic Metals Corp. upsized its non‑brokered private placement to a maximum of 16,071,428 units at C$0.28 per unit, targeting up to C$4.5 million in gross proceeds.
• Each unit consists of one common share and one warrant allowing purchase of an additional share at C$0.40 for three years (accelerable if the TSX‑V price reaches C$0.65 for 20 consecutive days).
• Net proceeds are earmarked for general working capital, exploration and development of the company’s projects.

Key Details

• Upsized Offering Size: Up to 16,071,428 units (previously announced lower amount).
• Price per Unit: C$0.28, yielding gross proceeds of up to C$4.5 million.
• Unit Composition: 1 common share + 1 common‑share purchase warrant.
• Warrant Terms: Exercise price C$0.40 per share; term of three years from issuance; acceleration possible if TSX‑V closing price ≥ C$0.65 for at least 20 consecutive trading days with notice.
• Regulatory Framework: Offered under Part 5A of NI 45‑106 and Coordinated Blanket Order 45‑935 (listed issuer financing exemption).
• Eligibility: Units offered to Canadian residents outside Quebec; no hold period for Canadian subscribers.
• Closing Date: Expected on or about Oct. 17, 2025, subject to regulatory approvals including TSX‑V acceptance.
• Use of Proceeds: General working capital and exploration/development costs across Domestic Metals’ project portfolio (e.g., Smart Creek, Montana).
• Offering Documentation: Amended and restated offering document dated Sept. 30 2025 available on SEDAR+ and the company website; investors urged to review before investing.

Notable Quotes

(No direct quotes were provided in the release.)