01:05:45 EDT Fri 10 Oct 2025
Enter Symbol
or Name
USA
CA



Adamera Minerals Corp (2)
Symbol ADZ
Shares Issued 32,211,571
Close 2025-10-08 C$ 0.085
Market Cap C$ 2,737,984
Recent Sedar Documents

Adamera arranges $724,000 private placement

2025-10-09 17:03 ET - News Release

Mr. Mark Kolebaba reports

ADAMERA TO RAISE OVER $700,000 FOR EXPLORATION INCLUDING DRILLING ON GOLD PROJECT IN WASHINGTON STATE

Adamera Minerals Corp. has arranged a non-brokered private placement financing to raise gross proceeds of up to $724,000 through the issuance of both share units and flow-through share units. The financing will finance near-term exploration drilling on the company's Flag Hill South gold and silver property in the Washington State project. In addition, it will finance continuing systematic exploration on its South Hedley gold and gold-copper project in Southern British Columbia.

"This financing provides Adamera with the ability to advance drilling on our high-grade gold targets in Washington State while continuing systematic exploration on our South Hedley gold-copper prospects in B.C.," said Mark Kolebaba, president and chief executive officer of Adamera Minerals.

The financing will consist of two components:

  1. Up to 5.6 million units will be issued at a price of nine cents per unit for gross proceeds of $504,000. Each unit will consist of one common share and one common share purchase warrant. Each warrant will be exercisable at a price of 15 cents for a period of two years from the date of issuance. Planned use of proceeds from the unit financing includes working capital and exploration drilling on the company's gold projects in Washington State, United States. If the closing market price of the company's common shares on the TSX Venture Exchange is 20 cents or more over a period of 10 consecutive trading days at any time after the date that is four months and one day after the respective closing, the warrants will expire on the 30th day after the 10 consecutive trading days at or above 20 cents unless exercised by the holder on or before the accelerated expiry date.
  2. Up to two million flow-through units will be issued at a price of 11 cents per unit for gross proceeds of $220,000. Each FT unit will consist of one common share and one-half common share purchase warrant. Each full warrant will be exercisable at a price of 15 cents for a period of two years from the date of issuance to purchase a non-flow-through share. The warrants associated with the FT units will have the same accelerated provision as the unit financing. Flow-through funds will be used for qualifying Canadian exploration expenditures on the company's newly identified gold, copper and zinc prospects on the South Hedley project in Southern British Columbia and may be eligible for the 30-per-cent critical mineral exploration tax credit.

All securities issued under the private placement will be subject to a statutory hold period of four months and one day from the date of issuance. The private placement remains subject to the approval of the exchange.

Finders' fees may be paid in connection with the offering as permitted under the exchange policies.

About Adamera Minerals Corp.

Adamera is focused on exploring for high-grade gold deposits in Washington State and British Columbia. The company holds numerous drill-ready gold silver and copper targets in areas with past-producing mines.

Gordon Gibson (PGeo), qualified person under National Instrument 43-101, is an independent consultant who reviews certain data associated with this project.

We seek Safe Harbor.

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