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Military Metals Announces Closing of Fully Subscribed LIFE Offering

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Military Metals Announces Closing of Fully Subscribed LIFE Offering

 

Military Metals Corp. (CSE: MILI) (FSE: QN90) is pleased to announce, further to its news releases dated November 21, 2025 and December 2, 2025, that it has closed its non-brokered private placement under the Listed Issuer Financing Exemption, issuing 8,332,888 units of the Company at a purchase price of $0.36 per Unit for aggregate gross proceeds of $2,999,840.

Each Unit consists of one common share in the capital of the Company and one-half of one common share purchase warrant. Each Warrant will be exercisable to acquire one additional Share at an exercise price of $0.55 for a period of twelve months from the date issuance.

The Company is pleased to note that the Offering included a lead order of $1,500,000 from an arm’s length European investor, reflecting what the Company perceives to be strong interest in the Company’s exploration strategy in Slovakia by the European market.

In connection with the Offering, the Company paid an aggregate cash finder’s fee of $49,321 and issued an aggregate of 137,003 non-transferable finder’s warrants from the sale of Units to subscribers directly introduced to the Company by Canaccord Genuity Corp., Haywood Securities Inc., and Ventum Financial Corp. Each Finder’s Warrant will entitle the holder to acquire one Share at a price of $0.55 each for a period of twelve (12) months from the date of issuance. The Finder’s Warrants are subject to a statutory four month hold period expiring on April 5, 2026.

The Units sold under the Offering were issued pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions to purchasers resident in all provinces of Canada, except Quebec, and other qualifying jurisdictions. The Securities offered under the Listed Issuer Financing Exemption are not subject to a hold period in accordance with applicable Canadian securities laws.

The Company intends to use the proceeds from the Offering for technical work, including completion of a Preliminary Economic Assessment at the Company’s flagship Trojarová antimony-gold project and definition infill drilling.

For more information about Military Metals Corp. and its critical minerals initiatives, please visit: https://www.militarymetalscorp.com.

LinkedIn: https://www.linkedin.com/company/military-metals/
X: https://x.com/militarymetals
Facebook: https://www.facebook.com/profile.php?id=61564717587797

 

About Military Metals Corp.
The Company is a British Columbia-based mineral exploration company that is primarily engaged in the acquisition, exploration and development of mineral properties with a focus on antimony.

 

ON BEHALF OF THE BOARD of DIRECTORS

For more information, please contact:
Scott Eldridge CEO and Director
scott@militarymetalscorp.com or info@militarymetalscorp.com

For enquiries, please call 604-537-7556

Posted December 5, 2025

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