Domestic Metals Closes Second Tranche of LIFE Offering and Extends Final Closing

Core Points - Domestic Metals Corp. has successfully closed a second tranche of the LIFE Offering, issuing 7,082,856 units at a price of $0.28 per unit, resulting in gross proceeds of $1,983,199.68 [1] - Each unit consists of one common share and one common share purchase warrant, with warrants allowing the purchase of additional shares at $0.40 for three years [1] - The company has requested an extension for the final tranche of the LIFE Offering to be completed by November 14, 2025, with all terms remaining unchanged [2] Financial Details - The gross proceeds from the second tranche of the LIFE Offering amount to approximately $1.98 million [1] - The net proceeds are intended for general working capital and exploration and development costs [2] Company Overview - Domestic Metals Corp. is focused on mineral exploration, particularly in discovering large-scale copper and gold deposits in historical mining areas across the Americas [4] - The Smart Creek Project, located in Montana, features widespread copper mineralization and multiple attractive exploration targets [5] - The company is led by an experienced management and technical team with a successful track record in mine discovery and financing [5]