Zeus North America Mining Corp. Announces Upsizing of Private Placement

Executive Summary

• Zeus North America Mining Corp. announced an upsizing of its previously disclosed non‑brokered private placement, now targeting up to $2.5 million in gross proceeds.
• The offering will consist of up to 25,000,000 units at $0.10 per unit, each unit containing one common share and half of a common‑share purchase warrant (full warrant gives the right to buy an additional share at $0.15 for two years).
• Proceeds are earmarked for exploration programs on Idaho and Nevada copper‑silver projects (including Cuddy Mountain) and general working capital.

Key Details

• Placement Size: Up to $2,500,000 gross proceeds.
• Units Offered: Up to 25,000,000 units at $0.10 per unit.
• Unit Composition:
• 1 common share of Zeus North America Mining Corp.
• ½ of a common‑share purchase warrant (each full warrant allows purchase of one additional common share at $0.15).
• Warrant Terms: Exercise price $0.15, exercisable for two years from issuance date.
• Use of Proceeds:
• Exploration programs on Idaho and Nevada copper‑silver projects, specifically the Cuddy Mountain Project.
• General working capital purposes.
• Regulatory Conditions: Completion subject to receipt of all required regulatory approvals, including acceptance by the Canadian Securities Exchange (CSE).
• Statutory Hold Period: All securities issued will be subject to a hold period of four months and one day from issuance.
• Finder’s Fees: May be payable in accordance with applicable securities laws and CSE policies.

Notable Quotes

“The upsized placement provides us with the necessary capital to advance our exploration programs on key Idaho and Nevada projects, positioning Zeus for continued growth.” – Dean Besserer, President and CEO