Armory Mining Announces Private Placement and Appoints Klenman to Board

Core Viewpoint - Armory Mining Corp. is conducting a non-brokered private placement offering of up to 15,000,000 units at a price of $0.05 per unit, aiming to raise up to $750,000 for working capital and general corporate purposes [1][2]. Group 1: Offering Details - The offering consists of units, each comprising one common share and one transferable common share purchase warrant, with warrants allowing the purchase of additional shares at $0.065 for three years [1]. - All securities issued under the offering will be subject to a four-month hold period in accordance with Canadian securities laws [2]. Group 2: Management Changes - Alex Klenman has been appointed as a director of the company, replacing Arjun Grewal, who has resigned but will continue to support the company in an advisory role [3][4]. Group 3: Company Overview - Armory Mining Corp. focuses on minerals critical to the energy, security, and defense sectors, controlling an 80% interest in the Candela II lithium brine project in Argentina and a 100% interest in the Riley Creek antimony-gold project in British Columbia [5].