(via TheNewswire)
Vancouver, British Columbia – October 9, 2025 – TheNewswire - Adamera Minerals Corp. (TSX-V: ADZ; OTC: DDNFF) ("Adamera" or the "Company") is pleased to announce 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 fund near-term exploration drilling on the Company’s Flag Hill South gold and silver property in Washington State project. In addition, it will fund on-going 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 CEO of Adamera Minerals.
The financing will consist of two components:
Up to 5,600,000 Units will be issued at a price of $0.09 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 $0.15 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, USA. If the closing market price of the Company's common shares on the TSX Venture Exchange (the “Exchange”) is $0.20 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 (the "Accelerated Expiry Date") after the 10 consecutive trading days at or above $0.20 unless exercised by the holder on or before the Accelerated Expiry Date (the “Accelerated Provision”).
Up to 2,000,000 flow-through units (“FT Units”) will be issued at a price of $0.11 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 $0.15 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 Units 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% 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.
Finder’s fees may be paid in connection with the offering as permitted under the Exchange policies.
About Adamera
Adamera Minerals Corp. 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 (P.Geo.), qualified person under NI 43-101, is an independent consultant that reviews certain data associated with this project.
On behalf of the Board of Directors,
Mark Kolebaba
President & CEO
For additional information please contact:
Email: info@Adamera.com
Website: www.Adamera.com
Phone: (604) 689-2010
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release, other than purely historical information, including statements relating to the Company’s future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
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