Armory Mining Announces Closing of Flow-Through Financing

Core Viewpoint - Armory Mining Corp. has successfully closed a non-brokered private placement offering, raising gross proceeds of $666,655.01 through the issuance of 9,523,643 flow-through units at a price of $0.07 per unit [1]. Group 1: Offering Details - Each flow-through unit consists of one common share and one-half of a transferable common share purchase warrant, with each whole warrant allowing the purchase of one additional common share at $0.09 until December 19, 2028 [2]. - The proceeds from the offering will be allocated to Canadian exploration expenses at the Ammo project in Nova Scotia [3]. - The company paid finder's fees totaling $53,122.40 and issued 758,891 finder's warrants, with exercise prices of $0.07 and $0.09 per share, valid until December 19, 2028 [4]. Group 2: Securities and Compliance - All securities issued under the offering are subject to a four-month hold period, expiring on April 20, 2026, in accordance with Canadian securities laws [5]. - Armory Mining Corp. is a Canadian exploration company focused on minerals critical to the energy, security, and defense sectors, controlling a 100% interest in the Ammo project and an 80% interest in the Candela II lithium brine project in Argentina [6].