Mr. Mark Kolebaba reports
ADAMERA UPSIZES PREVIOUSLY ANNOUNCED NON-BROKERED PRIVATE PLACEMENT TO $785,000
Further to the press release of July 29, 2026, Adamera Minerals Corp. is increasing the hard-dollar-unit non-brokered private placement from $360,000 to up to $785,000 due to increased investor interest.
Each unit will consist of one common share and one warrant.
Each warrant is exercisable at a price of 15 cents for a period of three years from the date of issuance.
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.
A director and an officer of the company together will purchase or acquire direction and control over a total of 650,000 units under the private placement. The placement to these people constitutes a related-party transaction within the meaning of the exchange Policy 5.9 and Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions) adopted in the policy. The company will rely on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of related-party participation in the placement as neither the fair market value (as determined under MI 61-101) of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involved the related parties, exceeded 25 per cent of the company's market capitalization (as determined under MI 61-101).
The securities issued pursuant to the private placement will be subject to a four-month hold period.
The financing is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the approval and acceptance by the exchange.
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.
We seek Safe Harbor.
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