Armory Mining Announces Flow-Through Financing

Core Viewpoint - Armory Mining Corp. is initiating a non-brokered private placement offering of up to 14,285,714 flow-through units at a price of $0.07 per unit, aiming to raise gross proceeds of up to $1,000,000 for exploration activities [1][3]. Group 1: Offering Details - Each flow-through unit consists of one common share and one transferable common share purchase warrant, allowing the holder to purchase an additional common share at $0.09 for three years [2]. - The proceeds from the offering will be allocated to eligible Canadian exploration expenses at the Ammo project in Nova Scotia [3]. - The company may issue finder's fee warrants, which will allow the purchase of additional common shares at $0.07 for three years [3]. Group 2: Regulatory and Compliance Information - All securities issued under the offering will be subject to a four-month hold period in accordance with Canadian securities laws and CSE policies [4]. - The completion of the offering is contingent upon receiving necessary approvals, including from the CSE [4]. Group 3: Company Overview - Armory Mining Corp. focuses on minerals critical to the energy, security, and defense sectors, holding an 80% interest in the Candela II lithium brine project in Argentina and a 100% interest in the Riley Creek antimony-gold project in British Columbia [5].