Military Metals Announces Life Offering
/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES/
VANCOUVER, BC, Nov. 21, 2025 /CNW/ – Military Metals Corp. (CSE: MILI) (FSE: QN90) (the “Company” or “MILI“) is pleased to announce a non-brokered private placement under the Listed Issuer Financing Exemption (as defined herein) of a minimum of 6,944,445 units of the Company (“Units“) for minimum gross proceeds of approximately $2,500,000 (the “Minimum Offering“) and a maximum of 8,333,334 Units for maximum gross proceeds of approximately $3,000,000 at a purchase price of $0.36 per Unit (the “Maximum Offering” and together with the Minimum Offering, the “Offering“).
Each Unit will consist of one common share in the capital of the Company (a “Share“) and one-half of one common share purchase warrant (each whole warrant, a “Warrant“). Each Warrant will be exercisable to acquire one additional Share (each a “Warrant Share“, and together with the Units, Shares and Warrants, the “Securities“) at an exercise price of $0.55 for a period of twelve (12) months from the date issuance.
Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 – Prospectus Exemptions (“NI 45-106“), the Offering is being made pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the “Listed Issuer Financing Exemption“) to purchasers resident in all provinces of Canada, except Quebec, and other qualifying jurisdictions. The Securities offered under the Listed Issuer Financing Exemption will not be subject to a hold period in accordance with applicable Canadian securities laws.