Domestic Metals Announces Non-Brokered Private Placement and Change of CFO and Corporate Secretary

Core Viewpoint - Domestic Metals Corp. is conducting a non-brokered private placement to raise up to $3,000,000 through the issuance of units priced at $0.23 each, aimed at funding exploration activities and general working capital [1][3]. Group 1: Private Placement Details - The offering consists of up to 13,043,478 units, each unit comprising one common share and one-half of a common share purchase warrant [1]. - Each whole warrant allows the holder to purchase an additional share at $0.33 for three years, with potential acceleration of expiry if the share price exceeds $0.60 for twenty consecutive trading days [1]. Group 2: Use of Proceeds - Net proceeds from the offering will be allocated for exploration of the Smart Creek Property in Montana, U.S.A., and for general working capital [3]. Group 3: Management Changes - Stuart Ross has been appointed as Chief Financial Officer, and Marla Ritchie as Corporate Secretary, replacing Jeannine Webb [5]. - Stuart Ross has extensive experience in public companies and has held senior positions in various sectors, including mining and beverage production [6]. - Marla Ritchie brings over 25 years of experience in public markets as an administrator and Corporate Secretary [7]. Group 4: Company Overview - Domestic Metals Corp. focuses on discovering large-scale copper and gold deposits in historical mining areas across the Americas [8]. - The Smart Creek Project is located in Montana and features widespread copper mineralization with multiple attractive exploration targets [9].