Core Points - Domestic Metals Corp. announces a non-brokered private placement to raise up to $3 million through the issuance of up to 10,714,285 units at a price of $0.28 per unit [2][6] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional share at $0.40 for three years [3][6] - The offering is expected to close around October 7, 2025, pending regulatory approvals [6] Company Overview - Domestic Metals Corp. is focused on mineral exploration, particularly for large-scale copper and gold deposits in historical mining areas in the Americas [8] - The company aims to discover new economic mineral deposits in geologically favorable regions, leveraging historical drilling and sampling data [8] - The Smart Creek Project in Montana is highlighted as a key asset, featuring widespread copper mineralization and multiple exploration targets [9]
Domestic Metals Announces LIFE Offering of Units
Globenewswireยท2025-09-15 11:30