Domestic Metals Announces Upsize of LIFE Offering of Units

Executive Summary

• Domestic Metals Corp. increased its previously announced non‑brokered private placement to up to 16,071,428 units at $0.28 per unit, targeting gross proceeds of up to $4.5 million.
• Each unit consists of one common share and one warrant allowing purchase of an additional share at $0.40 for three years (accelerable if TSXV price ≥ $0.65 for 20 consecutive days).
• Net proceeds are earmarked for general working capital, exploration, and development costs, supporting the company’s growth strategy.

Key Details

• Offering Size: Up to 16,071,428 units (each unit = 1 common share + 1 warrant).
• Issue Price: $0.28 per unit.
• Maximum Gross Proceeds: $4.5 million (referred to as the “LIFE Offering”).
• Warrant Terms: One‑share purchase warrant per unit, exercisable at $0.40 per share for three years from issuance; acceleration trigger if TSXV closing price ≥ $0.65 for 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). Units sold to Canadian residents outside Québec; no hold period in Canada.
• Closing Date: Expected on or about October 17, 2025, subject to regulatory approvals including TSXV consent.
• Use of Proceeds: General working capital and exploration/development expenditures for the company’s projects (e.g., Smart Creek Project).
• Documentation: Amended and restated offering document dated September 30, 2025 available on SEDAR+ and the company website.

Notable Quotes

• Patricio Varas, Chairman and CEO: “The strong investor demand underscores confidence in our exploration strategy and provides us with the capital needed to advance our projects.”