20:17:09 EDT Wed 15 Oct 2025
Enter Symbol
or Name
USA
CA



Domestic Metals Corp
Symbol DMCU
Shares Issued 34,461,690
Close 2025-10-15 C$ 0.35
Market Cap C$ 12,061,592
Recent Sedar Documents

Domestic Metals clarifies first-tranche financing close

2025-10-15 17:08 ET - News Release

Mr. Patricio Varas reports

DOMESTIC METALS CLARIFIES FIRST TRANCHE CLOSING OF LIFE OFFERING NEWS RELEASE

Further to Domestic Metals Corp.'s news release dated Oct. 9, 2025, announcing the closing of a first tranche of the LIFE (listed issuer financing exemption) offering issuing an aggregate 4,695,715 units of the company at a price of 28 cents per unit for gross proceeds of $1,314,800, there is no statutory hold period applicable to the securities underlying the units issued in the offering. Accordingly, such securities were free trading from the date of issuance and not subject to a hold period of four months plus one day as indicated in the original closing news release.

Each unit consists of one common share of the company and one common share purchase warrant. Each warrant entitles the holder to acquire one additional share of the company for a period of three years from the date of issuance at a price of 40 cents per share. The expiry of the warrants may be accelerated if the closing price of the company's common shares on the TSX Venture Exchange is equal to or greater than 65 cents for a minimum of 20 consecutive trading days and a notice of acceleration is provided in accordance with the terms of the warrants.

The broker warrants issued to the finders as described in the original closing news release, together with the common shares of the company underlying such broker warrants, will still be subject to a statutory hold period in Canada of four months and one day after the issuance of such broker warrants.

About Domestic Metals Corp.

Domestic Metals is a mineral exploration company focused on the discovery of large-scale copper and gold deposits in exceptional, historical mining project areas in the Americas.

The company aims to discover new economic mineral deposits in historical mining districts that have seen exploration in geologically attractive mining jurisdictions, where economically favourable grades have been indicated by historic drilling and outcrop sampling.

The Smart Creek project is strategically located in the mining-friendly state of Montana, containing widespread copper mineralization at surface, and hosts four attractive porphyry copper, epithermal gold, replacement and exotic copper exploration targets with excellent host rocks for mineral deposition.

Domestic Metals is led by an experienced management team and an accomplished technical team, with successful records in mine discovery, mining development and financing.

We seek Safe Harbor.

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