Resouro working toward closing private placement

Executive Summary

• Resouro Strategic Metals Inc. reports receipt of subscription agreements for its non‑brokered private placement and expects to close the raise within the next week, subject to regulatory approvals.
• All securities issued will carry a four‑month resale restriction; no related parties or finders’ fees are involved.
• Net proceeds are earmarked to advance the engineering program toward a Preliminary Economic Assessment for the Tiros project and for general working capital.

Key Details

• The company references prior announcements on Aug. 19, Sept. 11, and Sept. 22 2025 concerning the same private placement.
• Closing of the offering is anticipated within one week, pending TSX Venture Exchange approval and other regulatory consents.
• Placement is being conducted under the company’s placement capacity pursuant to Australian Securities Exchange Listing Rules 7.1 and 7.1A.
• No related parties or their associates are participating in the offering.
• All securities issued will be subject to a four‑month resale restriction as required by applicable securities legislation.
• The financing is non‑brokered; no finders’ fees or broker commissions apply.
• Intended use of net proceeds: (1) advance the engineering program for the Tiros titanium‑rare‑earth project, an essential step toward completing a Preliminary Economic Assessment; and (2) provide general working capital.

Notable Quotes

(No executive quotes were included in the release.)