Mr. Mark Kolebaba reports

ADAMERA CLOSES FINAL TRANCHE OF FINANCING

Adamera Minerals Corp. has closed the second and final tranche of the non-brokered private placement offering announced on Nov. 6, 2024, of 240,000 units at 15 cents per unit for gross proceeds of $36,000. The two tranches total to $733,538.

Each unit consists of one common share of the company and one common share purchase warrant, with each warrant entitling the holder thereof to purchase one additional common share of the company at a price of 20 cents for a period of five years from the date of closing.

If the closing market price of the company's common shares on the TSX Venture Exchange is 30 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 30 cents unless exercised by the holder on or before the accelerated expiry date.

The company paid total finders' fees of $1,800 and issued 12,000 finders' warrants, with each finder's warrant exercisable at 20 cents for a period of one year from the date of closing with the same forced exercise provision as the warrants.

The company intends to use the net proceeds of the private placement for exploration work on its gold properties and for general working capital. The securities associated with this final tranche of the private placement are subject to a statutory four-month hold period expiring on April 10, 2025.

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 Minerals is exploring for a high-grade gold deposit near Republic, Wash. This area has reportedly produced eight million ounces of gold averaging 14.5 grams per tonne. Adamera is the dominant regional explorer in the area.

We seek Safe Harbor.