Churchill Announces Fully Committed $3 Million Private Placement

Core Viewpoint - Churchill Resources Inc. has announced a non-brokered private placement of 37,500,000 common shares at a price of $0.08 per share, aiming to raise total gross proceeds of $3 million to advance its strategic assets and for working capital [1][2]. Group 1: Offering Details - The Offering consists of 37,500,000 common shares priced at $0.08 each, totaling gross proceeds of $3 million [1]. - The net proceeds will be utilized to advance strategic assets in Newfoundland & Labrador, including the Black Raven Antimony-Gold Project, and for general corporate purposes [2]. - Finder's fees will be paid, including a cash commission of 7.0% of gross proceeds and the issuance of Finder's Warrants equal to 7.0% of the common shares issued [3]. Group 2: Closing and Regulatory Approval - The closing of the Offering is expected around September 25, 2025, subject to regulatory approvals, including from the TSX Venture Exchange [4]. Group 3: Company Overview - Churchill Resources Inc. is focused on strategic, critical minerals in Canada, particularly at its Black Raven, Taylor Brook, and Florence Lake properties in Newfoundland & Labrador [5]. - The management team has extensive experience in mineral exploration and establishing successful publicly listed mining companies [5]. - The company's projects are positioned to benefit from Newfoundland and Labrador's diverse minerals industry, which includes significant nickel mines and a well-developed exploration sector [5].