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Casa Minerals Announces Closing of Oversubscribed Private Placement

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Casa Minerals Inc. (TSXV: CASA) (OTC Pink: CASXF) has successfully closed an oversubscribed non-brokered private placement. The company completed a second and final tranche of 8,875,908 Flow-through Units at $0.055 per unit, generating gross proceeds of $488,175.

Each Flow-through Unit includes one common share and one-half common share purchase warrant, with 4,437,954 Warrants exercisable at $0.075 until April 16, 2027. The total private placement, combining both tranches, raised $738,174.97 through 13,421,363 FT Units.

The proceeds will fund exploration and development of Casa's projects in BC, Canada. The securities have a 4-month hold period, with finder's fees of $11,040 and 200,727 Finder's Warrants being issued. The private placement awaits TSX Venture Exchange approval.

Casa Minerals Inc. (TSXV: CASA) (OTC Pink: CASXF) ha completato con successo un collocamento privato non mediato e sovrassottoscritto. La società ha concluso una seconda e ultima tranche di 8.875.908 Flow-through Units a 0,055$ per unità, raccogliendo proventi lordi per 488.175$.

Ogni Flow-through Unit include una azione ordinaria e mezza warrant per l'acquisto di azioni ordinarie, con 4.437.954 Warrant esercitabili a 0,075$ fino al 16 aprile 2027. Il collocamento privato totale, comprensivo di entrambe le tranche, ha raccolto 738.174,97$ tramite 13.421.363 FT Units.

I proventi serviranno a finanziare l'esplorazione e lo sviluppo dei progetti di Casa nella Columbia Britannica, Canada. I titoli hanno un periodo di blocco di 4 mesi; sono state corrisposte commissioni di collocamento per 11.040$ e sono stati emessi 200.727 Finder's Warrants. Il collocamento privato è in attesa dell'approvazione della TSX Venture Exchange.

Casa Minerals Inc. (TSXV: CASA) (OTC Pink: CASXF) ha cerrado con éxito una colocación privada no intermediada y sobresuscrita. La compañía completó una segunda y última tanda de 8.875.908 Flow-through Units a 0,055$ por unidad, generando ingresos brutos de 488.175$.

Cada Flow-through Unit incluye una acción común y medio warrant para compra de acciones comunes, con 4.437.954 Warrants ejercitables a 0,075$ hasta el 16 de abril de 2027. La colocación privada total, combinando ambas tandas, recaudó 738.174,97$ mediante 13.421.363 FT Units.

Los ingresos financiarán la exploración y desarrollo de los proyectos de Casa en BC, Canadá. Los valores tienen un periodo de retención de 4 meses; se pagaron comisiones por 11.040$ y se emitieron 200.727 Finder's Warrants. La colocación privada está pendiente de la aprobación de la TSX Venture Exchange.

Casa Minerals Inc. (TSXV: CASA) (OTC Pink: CASXF)는 중개인 없이 진행된 과수요 초과 사모 투자를 성공적으로 마감했습니다. 회사는 두 번째이자 마지막 트랜치로 8,875,908개의 Flow-through Units를 단가 0.055달러에 완료하여 총 488,175달러의 총수익을 창출했습니다.

각 Flow-through Unit에는 보통주 1주와 보통주 구매 워런트 0.5주가 포함되어 있으며, 4,437,954개의 워런트는 2027년 4월 16일까지 0.075달러에 행사할 수 있습니다. 두 트랜치를 합한 전체 사모 투자로 13,421,363개의 FT Units를 통해 총 738,174.97달러를 모금했습니다.

모금된 자금은 캐나다 브리티시컬럼비아주에 위치한 Casa의 프로젝트 탐사 및 개발에 사용될 예정입니다. 증권은 4개월간의 보유 기간이 있으며, 중개 수수료로 11,040달러와 200,727개의 Finder's Warrants가 발행되었습니다. 이번 사모 투자는 TSX 벤처 거래소의 승인을 기다리고 있습니다.

Casa Minerals Inc. (TSXV : CASA) (OTC Pink : CASXF) a clôturé avec succès un placement privé non intermédié et sursouscrit. La société a réalisé une deuxième et dernière tranche de 8 875 908 Flow-through Units à 0,055$ l’unité, générant un produit brut de 488 175$.

Chaque Flow-through Unit comprend une action ordinaire et un demi-warrant d’achat d’actions ordinaires, avec 4 437 954 Warrants exerçables à 0,075$ jusqu’au 16 avril 2027. Le placement privé total, combinant les deux tranches, a levé 738 174,97$ grâce à 13 421 363 FT Units.

Les fonds serviront à financer l’exploration et le développement des projets de Casa en Colombie-Britannique, Canada. Les titres sont soumis à une période de blocage de 4 mois, des frais d’intermédiation de 11 040$ ont été payés et 200 727 Warrants de l’intermédiaire ont été émis. Le placement privé attend l’approbation de la TSX Venture Exchange.

Casa Minerals Inc. (TSXV: CASA) (OTC Pink: CASXF) hat eine überzeichnete, nicht vermittelte Privatplatzierung erfolgreich abgeschlossen. Das Unternehmen schloss eine zweite und letzte Tranche von 8.875.908 Flow-through Units zum Preis von 0,055$ pro Einheit ab und erzielte Bruttoerlöse von 488.175$.

Jede Flow-through Unit umfasst eine Stammaktie und eine halbe Kaufoption auf Stammaktien, wobei 4.437.954 Warrants bis zum 16. April 2027 zu 0,075$ ausgeübt werden können. Die gesamte Privatplatzierung, die beide Tranchen kombiniert, brachte 738.174,97$ durch 13.421.363 FT Units ein.

Die Erlöse werden zur Finanzierung der Exploration und Entwicklung der Projekte von Casa in British Columbia, Kanada, verwendet. Die Wertpapiere unterliegen einer Haltefrist von 4 Monaten, es wurden Vermittlungsgebühren in Höhe von 11.040$ gezahlt und 200.727 Finder's Warrants ausgegeben. Die Privatplatzierung wartet auf die Genehmigung der TSX Venture Exchange.

Positive
  • Successful completion of oversubscribed private placement raising $738,174.97
  • Additional capital secured for exploration and development activities
  • Long-term warrant exercise period until 2027 provides future funding potential
Negative
  • Dilution of existing shareholders through issuance of 13,421,363 new units
  • Additional dilution possible if warrants are exercised
  • Private placement still subject to exchange approval

Vancouver, British Columbia--(Newsfile Corp. - April 16, 2025) - Casa Minerals Inc. (TSXV: CASA) (OTC Pink: CASXF) (FSE: 0CM) (the "Company" or "Casa"), is pleased to announce the closing of the oversubscribed non-brokered private placement (the "Offering"). The Company has closed a second and final tranche of 8,875,908 Flow-through Units ("FT Units") at a price of $0.055 per Flow-through Unit for gross proceeds of $488,175.

Each FT Units consist of one common share and one-half common share purchase warrant (each full warrant, a "Warrant"). Each of the 4,437,954 Warrants of this final tranche will be exercisable at a price of $0.075 until April 16, 2027.

Between the first and the final tranche of this private placement, Casa has closed a total of 13,421,363 FT Units at a price of $0.055 per FT Unit for total gross proceeds of $738,174.97.

Net proceeds from the Offering will be used for exploration and development activities on the Company's projects BC, Canada.

All Flow-through Shares and Warrants comprising the Flow-through Units, will be subject to a 4-month and one day hold period, during which any resale or other transfer will be restricted in accordance with applicable securities laws.

In this second tranche Finder's fees of $11,040 in cash will be paid and 200,727 Finder's Warrants will be issued which are exercisable at the issue price of $0.075 for a period of 24 months from the closing date.

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

None of the securities issued in the Offering will be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), and none of them may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any state where such offer, solicitation, or sale would be unlawful.

About Casa Minerals Inc.

The Company is engaged in the acquisition, exploration and development of mineral properties located in Canada and the USA. Casa owns ninety percent (90%) interest in the Congress gold mine (Arizona, USA). Additionally, the Company owns a one hundred percent (100%) interest in the polymetallic Pitman (BC, Canada) and has an option to acquire a seventy-five percent (75%) interest in the Arsenault VMS Property (BC, Canada).

On Behalf of Board of Directors
Farshad Shirvani, M.Sc. Geology
President and CEO

For more information, please contact:
Casa Minerals Inc.
Farshad Shirvani, President & CEO
Phone: (604) 678-9587
Email: contact@casaminerals.com
https://www.casaminerals.com

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/248825

FAQ

How much did Casa Minerals (CASXF) raise in their latest private placement?

Casa Minerals raised total gross proceeds of $738,174.97 through both tranches of their oversubscribed private placement, with $488,175 coming from the final tranche.

What is the exercise price and expiry date for CASXF's new warrants?

The warrants are exercisable at $0.075 per share until April 16, 2027.

How will Casa Minerals use the proceeds from their 2025 private placement?

The net proceeds will be used for exploration and development activities on the Company's projects in BC, Canada.

What are the terms of the Flow-through Units in CASXF's private placement?

Each Flow-through Unit was priced at $0.055 and consists of one common share and one-half common share purchase warrant.
Casa Minerals

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