High Tide Resources Announces Non-Brokered Private Placement

Core Viewpoint - High Tide Resources Corp. plans to conduct a non-brokered private placement offering of up to 6,000,000 common shares at a price of $0.05 per share, aiming for gross proceeds of up to $300,000, with a potential increase of 25% for an additional $75,000 [1][2]. Group 1: Offering Details - The offering is expected to close around August 22, 2025, subject to necessary approvals, including from the Canadian Securities Exchange [2]. - The net proceeds will be allocated for metallurgical testwork of the Labrador West Iron Project and for general corporate and working capital purposes [2]. - All securities issued will be subject to a hold period of four months and one day from the closing date, in compliance with Canadian securities laws [2]. Group 2: Company Overview - High Tide Resources holds a 100% interest in the Labrador West Iron Project, which has an inferred iron resource of 654.9 million tonnes at 28.84% Fe, located near IOCC's Carol Lake Mine in Labrador City, NL [4]. - The company also owns a 100% interest in the Lac Pegma copper-nickel-cobalt deposit, situated 50 kilometers southeast of Fermont, Quebec [5]. - The technical information in the announcement has been approved by a qualified person, ensuring compliance with National Instrument 43-101 standards [6].