Domestic Metals Closes First Tranche of Non-Brokered Private Placement

Group 1 - Domestic Metals Corp. has closed the first tranche of a non-brokered financing, issuing 1,551,120 units for gross proceeds of $356,758 [1][2] - Each unit consists of one common share and one-half of a common share purchase warrant, with the whole warrant allowing the purchase of an additional share at $0.33 for three years [1][2] - The expiry of the warrants may be accelerated if the closing price of the common shares reaches $0.60 for twenty consecutive trading days [1] Group 2 - Finders received 7% cash and 7% non-transferable broker warrants, with specific amounts detailed for Ventum Financial Corp. and Canaccord Genuity Corp. [2] - The final tranche of the financing is expected to close on or before August 11, 2025 [2] Group 3 - The net proceeds from the offering are intended for general working capital and development costs [3] - All securities issued have a four-month plus one day hold period before they can be traded [3] Group 4 - Domestic Metals Corp. is focused on discovering large-scale copper and gold deposits in historical mining project areas in the Americas [5] - The Smart Creek Project is located in Montana and contains widespread copper mineralization with multiple attractive exploration targets [6] - The company is led by an experienced management and technical team with successful track records in mine discovery and financing [6]