Casa Minerals Announces Closing of Oversubscribed Private Placement

Group 1 - Casa Minerals Inc. has successfully closed an oversubscribed non-brokered private placement, raising a total of $738,174.97 through the issuance of 13,421,363 Flow-through Units at a price of $0.055 per unit [1][2] - The final tranche consisted of 8,875,908 Flow-through Units, generating gross proceeds of $488,175, with each unit comprising one common share and one-half common share purchase warrant [1][2] - The net proceeds from the Offering will be allocated for exploration and development activities on the Company's projects in British Columbia, Canada [3] Group 2 - The Warrants from the final tranche are exercisable at a price of $0.075 until April 16, 2027, with a total of 4,437,954 Warrants issued [2] - Finder's fees of $11,040 in cash will be paid, along with the issuance of 200,727 Finder's Warrants, which are exercisable at the issue price of $0.075 for a period of 24 months [4] - All securities issued in the Offering will be subject to a 4-month and one-day hold period, restricting resale or transfer in accordance with applicable securities laws [3] Group 3 - Casa Minerals Inc. is engaged in the acquisition, exploration, and development of mineral properties in Canada and the USA, holding a 90% interest in the Congress gold mine in Arizona and a 100% interest in the Pitman polymetallic property in British Columbia [6] - The Company also has an option to acquire a 75% interest in the Arsenault VMS Property located in British Columbia [6]