Mr. Brad Peters reports
PACIFIC EMPIRE ANNOUNCES OVERSUBSCRIPTION OF PRIVATE PLACEMENT AND CFO APPOINTMENT
Pacific Empire Minerals Corp. has had two corporate developments.
Oversubscription of private placement
The company's previously announced non-brokered private placement dated Sept. 17, 2025, has received strong investor demand and will be oversubscribed. The offering, originally structured to raise up to $1,125,000, will be increased to up to 23 million hard-dollar units and 18 million flow-through units for gross proceeds of up to $1,525,000.
The offering consists of hard-dollar units priced at 3.5 cents per unit, with each unit including one common share and one warrant exercisable at five cents for two years, and flow-through units priced at four cents per unit, with each including one flow-through common share and one warrant exercisable at six cents for two years.
Use of proceeds
Funds raised will be directed toward Pacific Empire's fully permitted 2025 diamond drill program at its flagship Trident copper-gold-silver porphyry project in north-central British Columbia, as well as for general working capital.
Closing remains subject to customary approvals, including approval by the TSX Venture Exchange.
Chief financial officer appointment
Effective immediately, Leon Ho will replace Doug Reed as Pacific Empire's chief financial officer.
The company would like to thank Mr. Reed for his years of service and wishes him well in his future endeavours.
Mr. Ho is a chartered professional accountant with years of experience working with mining exploration companies at Cross Davis & Company LLP, a chartered professional accountant firm providing accounting services to publicly listed entities, primarily in the mining sector.
Brad Peters, president and chief executive officer of Pacific Empire, commented: "The strong demand for our financing and subsequent oversubscription is a clear sign of growing support for our vision at Trident. We believe this drill program represents one of the most important tests in the project's 50-year history, and it's encouraging to see investors share our excitement.
"I would also like to extend my gratitude to Doug Reed for his years of service as CFO and warmly welcome Leon Ho to the team. Leon's extensive experience working with exploration-stage companies will be a valuable asset as Pacific Empire moves into this next phase of growth and discovery."
Other matters
The latest president's newsletter, along with updated maps and corporate presentation, are available at the company's website.
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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