Mr. Farshad Shirvani reports

CASA MINERALS ANNOUNCES CLOSING OF SECOND TRANCHE OF PRIVATE PLACEMENT

Casa Minerals Inc. has closed the second tranche of its previously announced non-brokered private placement. Pursuant to the second tranche, the company issued an aggregate of 5.8 million flow-through units at a price of 10 cents per flow-through unit for gross proceeds of $580,000 and 5,552,129 units at a price of seven cents per unit for gross proceeds of $388,649 for aggregate gross proceeds of $968,649.

Each flow-through unit consists of one flow-through common share of the company and one-half of one common share purchase warrant. Each warrant is exercisable at a price of 15 cents per common share until Oct. 15, 2028.

Each unit consists of one common share of the company and one common share purchase warrant. Each unit warrant is exercisable at a price of 15 cents per common share until Oct. 15, 2028.

All flow-through shares, common shares and warrants comprising the flow-through units and units, respectively, will be subject to a hold period of four months and one day from the date of issuance, expiring Feb. 16, 2027, during which period any resale or other transfer will be restricted in accordance with applicable securities laws.

Net proceeds from the offering will be used for exploration and development activities on the company's projects in British Columbia, Canada.

The company paid $41,173 in finders' fees, which were paid in cash, and issued 361,757 non-transferable finder warrants as part of the first tranche of the offering. Each finder warrant entitles the holder to purchase one common share at an exercise price of 15 cents per finder share for a period of two years from the date of issuance of the finder warrant.

The completion of the private placement remains subject to approval of the TSX Venture Exchange.

Following the closing of the second tranche, the offering remains open and the company may close additional tranches, subject to receipt of all necessary regulatory and TSX-V approvals.

We seek Safe Harbor.