Casa Minerals Inc. (TSX-V: CASA) (OTCQB: CASXF) (FSE: 0CM) is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement (September 9, 2026). The Company has closed on a total of 15,000,000 flow-through units at a price of $0.10 per flow-through unit for gross proceeds of up to $1,500,000.

The FT Units consist of one common share and one-half common share purchase warrant (each full warrant, a “Warrant”). Each of the 7,500,000 Warrants will be exercisable at a price of $0.15 until September 28, 2028.

Net proceeds from the Offering will be used for exploration and development activities on the Company’s projects BC, Canada.

All Flow-through Shares and Warrants comprising the Flow-through Units, will be subject to a 4-month and one day hold period being January 29, 2027, during which any resale or other transfer will be restricted in accordance with applicable securities laws.

The Company paid $4,350 in finders fees, which were paid in cash, and issued 6,000 non-transferable finder’s warrants as part of the first tranche of the Offering. Each Finder’s Warrant entitles the holder to purchase one common share at an exercise price of $0.15 per Finder Share for a period of two years from the date of issuance of the Finder’s Warrant.

The completion of the private placement remains subject to approval of the TSX Venture Exchange.

This tranche includes the subscription of, Mr. Shrivani, President & CEO of the Company. He subscribed for 5,000,000 flow-through units. As a result, the issuance of Units to Mr. Shirvani is considered to be a related party transaction subject to TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101. CASA Minerals Inc. is relying on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(a) of Multilateral Instrument 61-101 on the basis that participation in the private placement by insiders will not exceed 25% of the fair market value of Casa Minerals Inc.’s market capitalization.

Following the closing of the first tranche, the Offering remains open and the Company may close additional tranches, subject to receipt of all necessary regulatory and TSXV approvals.

None of the securities issued in the Offering will be registered under the United States Securities Act of 1933, and none of them may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any state where such offer, solicitation, or sale would be unlawful.

About Casa Minerals Inc.

Casa Minerals Inc. is engaged in the acquisition, exploration and development of mineral properties located in Canada and the USA. Casa owns a ninety percent (90%) interest in the historic Congress gold mine (Arizona, USA) and owns a one hundred percent (100%) interest in the polymetallic Pitman and Keaper properties (BC, Canada). The Company also holds an option to acquire a seventy-five percent (75%) interest in the Arsenault copper-gold-silver VMS Property (BC, Canada). Casa’s management team has a track record of discoveries in the exploration sector and is committed to creating shareholder value through the discovery and development of economic mineral deposits.