Sendero Resources "Best-Efforts" Offering Has Been Fully Allocated

Group 1 - Sendero Resources Corp. announced a private placement offering of 4,220,000 common shares at a price of C$0.95 per share, aiming for gross proceeds of C$4,009,000 [1] - The offering has received sufficient investor commitments to fully allocate the shares, excluding an option for the agent to purchase an additional 15% of shares for potential gross proceeds of up to C$601,350 [1] - The closing of the offering is expected around December 3, 2025, pending necessary regulatory approvals [2] Group 2 - The net proceeds from the offering will be used to fund exploration work at the Peñas Negras project and for general administrative expenses [2] - Sendero Resources is focused on copper-gold exploration at its 100% owned Peñas Negras Project in Argentina, which has identified multiple geological targets [3] - The Peñas Negras Project is strategically located near other significant mining operations, enhancing its potential for exploration success [3]