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Pacific Empire Minerals Corp
Symbol PEMC
Shares Issued 154,798,195
Close 2025-09-17 C$ 0.035
Market Cap C$ 5,417,937
Recent Sedar Documents

Pacific Empire arranges private placement

2025-09-17 16:34 ET - News Release

Mr. Brad Peters reports

PACIFIC EMPIRE ANNOUNCES PRIVATE PLACEMENT

Pacific Empire Minerals Corp. intends to complete a non-brokered private placement consisting of the following:

  • Hard-dollar units: Up to 15 million units at a price of 3.5 cents per unit for gross proceeds of up to $525,000. Each unit will consist of one common share of the company and one transferable common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share at a price of five cents for a period of two years from the closing date.
  • Flow-through units: Up to 15 million units (FT units) at a price of four cents per FT unit for gross proceeds of up to $600,000. Each FT unit will consist of one flow-through common share of the company and one transferable common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share at a price of six cents for a period of two years from the closing date.

The funds will be used for diamond drilling on its flagship Trident copper-gold-silver porphyry project and for general working purposes.

Closing of the offering is expected to occur on or around Oct. 10, 2025, and is subject to all necessary approvals, including the approval of the TSX Venture Exchange.

Drill plan overview

  • Total program: five holes, approximately 500 metres each (2,500 metres);
  • Targets: one porphyry confirmation hole at the historical A zone, two porphyry discovery holes, two breccia discovery holes.

Despite nearly 80 historical drill holes completed on the Trident property since the 1970s, this northern target area has never been tested. The primary reason is access: drill testing requires crossing a creek, which historically limited exploration. With Pacific Empire's recently granted multiyear area-based exploration permit, this will be the first-ever drill test of these targets.

Pacific Empire believes the 2025 program represents a significant test of the Trident property in its 50-year history of exploration. With strong geological, geochemical and geophysical evidence converging at the porphyry target, combined with the newly permitted access to undrilled breccia targets, Pacific Empire is uniquely positioned to advance toward a potential gold-enriched copper porphyry discovery.

Brad Peters, president and chief executive officer of Pacific Empire, commented: "For decades, a single creek has prevented companies from drilling an important part of Trident. With our new permit in place, Pacific Empire will be the first to test this area. Every investor dreams of being there at the start of a discovery -- and at Pacific Empire, that moment is right now."

Unlocking untested ground

Although nearly 80 drill holes have been completed at Trident since the 1970s, none have tested the northern porphyry and breccia targets. Historically, access to this area was prevented by the need to cross a creek, which required significant planning and permitting. With Pacific Empire's recently granted multiyear area-based exploration permit, the company is now positioned to drill this area for the very first time. This makes the 2025 program a true milestone in the project's history -- opening ground that has long been considered the most prospective but remained completely untested.

Strategic importance

The Trident drill program comes at a time when global copper demand is accelerating due to electrification, grid expansion and electric vehicle adoption. At the same time, new large-scale copper discoveries have become increasingly rare, underscoring the importance of exploring in proven, mining-friendly jurisdictions such as British Columbia. With gold also consistently present as a byproduct credit in the system, Trident has the potential to deliver the combination of size, grade and precious metals that makes porphyry copper-gold deposits particularly attractive.

Pacific Empire believes the 2025 drill program represents a critical opportunity in the Trident property's 50-year history of exploration. The combination of historical mineralization at the A zone, overlapping geophysical and geochemical anomalies at the porphyry target, and newly permitted access to never-before-drilled breccia targets creates a unique discovery opportunity. With drilling scheduled to begin in September, 2025, Pacific Empire is well positioned to advance Trident toward what could be a significant gold-enriched copper porphyry discovery.

Other matters

The latest president's newsletter, along with updated maps and corporate presentation, are now available at Pacific Empire's website.

About Trident

The Trident property is an early exploration stage property hosting an alkalic porphyry copper-gold-silver prospect with district-scale potential that is accessible by vehicle. The property is located approximately 50 kilometres southeast of the Kwanika deposit owned by NorthWest Copper Corp. and 50 km to the northwest of Centerra Gold's Mt. Milligan mine. The property covers 6,618 hectares endowed with well-established logging roads providing important efficient access to conduct exploration programs.

In 2022, Pacific Empire acquired a 100-per-cent interest in the property in exchange for granting the vendors a 2-per-cent net smelter return royalty (NSR). One-half (1 per cent) of the 2-pe-cent NSR which may be purchased for $500,000 by Pacific Empire.

About Pinnacle

The Pinnacle project is located 60 km west of Centerra Gold's Mt. Milligan copper-gold mine and 30 km southeast of NorthWest Copper's Kwanika copper-gold deposit in a proven copper-gold porphyry district. Access to the Pinnacle is by road including a new and expanding network of logging roads and trails throughout the main target areas. This improved access is a significant development and is anticipated to contribute to cost effective drill support and provides additional bedrock exposure.

Qualified person's statement

Kristian Whitehead, PGeo, serves as a qualified person as defined by National Instrument 43-101 and has reviewed the scientific and technical information in this news release, approving the disclosure herein.

About Pacific Empire Minerals Corp.

Pacific Empire is a copper exploration company based in Vancouver, B.C., and trades on the TSX Venture Exchange under the symbol PEMC. The company has a district-scale land position in north-central British Columbia totalling 22,541 hectares.

British Columbia is a "green" copper jurisdiction with abundant hydroelectric power, access and infrastructure in close proximity to the end market.

We seek Safe Harbor.

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