Hayasa Metals increases financing to $2-million

Mr. Joel Sutherland reports HAYASA ANNOUNCES UPSIZING OF PRIVATE PLACEMENT LIFE OFFERING OF UNITS TO C$2M FROM C$1.7M Hayasa Metals Inc. has increased its previously announced non-brokered private placement by $300,000 from up to 10 million units at a price of 17 cents per unit for gross proceeds of up to $1.7-million, to up to 11,764,706 units at a price of 17 cents per unit for gross proceeds of up to $2-million. Each unit will comprise one common share of the company and one-half of one share purchase warrant. Each whole share purchase warrant will entitle the holder to purchase one share at a purchase price of 22 cents from the date that is 61 days following the close of the placement until the date that is 18 months from the close of the placement. The units to be issued under the placement will be offered to purchasers pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106, Prospectus Exemptions, in all the provinces of Canada. The company may also offer the units for sale in the United States pursuant to available exemptions from the registration requirements of the United States Securities Act of 1933, as amended, and in those other jurisdictions outside of Canada and the United States provided it is understood that no prospectus filing or comparable obligation arises in such other jurisdiction. The securities offered under the listed issuer financing exemption will not be subject to Canadian resale restrictions in accordance with applicable Canadian securities laws. Joel Sutherland, chief executive officer of Hayasa, states: "We are encouraged by the interest by existing and new shareholders in the offering and owing to strong demand that exceeds the initial offering size, we are pleased to increase the offering to $2-million to accommodate the additional interest on a first-come-first-serve basis. We continue to expect to have Urasar assays out in early October." The placement is being led by existing shareholders and insiders. Net proceeds of the placement will be used to advance exploration at the company's Urasar project in Armenia, to evaluate other mineral property opportunities and for general working capital purposes. There is an offering document relating to the placement that can be accessed under the company's profile on SEDAR+ and on the company's website. Prospective investors should read this offering document before making an investment decision. The company may pay finders' fees in connection with the placement, as permitted by applicable securities laws and the rules of the TSX Venture Exchange. The finders' fees will consist of a commission equal to up to 5.0 per cent of the proceeds raised by eligible finders, payable in cash. The placement is scheduled to close on or about Sept. 19, 2025, and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the conditional approval of the TSX-V. The placement may be closed in multiple tranches. Certain directors and/or officers of the company will acquire securities under the placement. Any such participation would be considered to be a related party transaction as defined under Multilateral Instrument 61-101. The company anticipates that such participation in the placement will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the units acquired, nor the consideration paid by such directors or officers will exceed 25 per cent of the company's market capitalization. Pursuant to the policies of the TSX-V, units acquired by directors or officers of the company will be subject to a four-month hold period. About Hayasa Metals Inc. Hayasa Metals is a Canadian-based exploration company focused on advancing its copper and gold projects in the Tethyan mineral belt of Armenia. The company controls both the Urasar copper-gold project and the Vardenis copper-gold project. The company is committed to responsible exploration and sustainable development practices while creating long-term value for shareholders. Hayasa trades on the TSX Venture Exchange under the symbol HAY and on the OTCQB under HAYAF. We seek Safe Harbor.