Canamera Announces Closing of Non-Brokered Private Placement and LIFE Offering

Core Points - Canamera Energy Metals Corp. has successfully closed a non-brokered private placement, raising approximately $2,473,570.35 for advancing mineral projects and general corporate purposes [1][2] - The company also completed a LIFE Offering, issuing 4,394,356 units at a price of $0.45 per unit, generating gross proceeds of about $1,977,460.20 [3][5] - The company has changed its auditor from Adam Sung Kim Ltd. to DeVisser Gray LLP effective November 17, 2025 [7][9] Private Placement Details - The private placement included the issuance of 1,782,000 flow-through units at $0.56 each and 3,279,223 non-flow-through units at $0.45 each [8] - The proceeds from the sale of flow-through units will be used for Canadian exploration expenses as defined by the Income Tax Act (Canada) [1] - Finder's fees of $22,153.20 were paid in cash, along with 46,560 finder's warrants issued to Research Capital Corporation [2] LIFE Offering Details - Each LIFE Unit consists of one common share and one-half of a common share purchase warrant, with warrants exercisable at $0.56 for 36 months [3][5] - The LIFE Offering was conducted under the Listed Issuer Financing Exemption, meaning the units are not subject to a hold period [4] - Finder's fees of $65,078.10 were paid in cash, along with 144,618 finder's warrants issued to Research Capital Corporation [5] Auditor Change - The resignation of the predecessor auditor was at the company's request, and the new auditor will serve until the next Annual General Meeting [9] - There were no reservations in the predecessor auditor's reports for the most recently completed fiscal year or any subsequent periods [10] - The notice of change of auditor has been filed on SEDAR+ as required [11] Company Overview - Canamera is focused on mineral exploration, particularly in acquiring and developing projects in underexplored regions, including the Mantle project in British Columbia [12]