Adamera Closes $253,500 Flow-Through Private Placement

Core Viewpoint - Adamera Minerals Corp. has successfully closed the flow-through portion of its private placement, raising a total of $253,500 through the sale of Flow-Through Units [1][2]. Group 1: Financial Details - The company raised $253,500 from the sale of 3,900,001 Flow-Through Units at a price of $0.065 per unit [2]. - Each Flow-Through Unit consists of one common share and one-half common share purchase warrant, with full warrants exercisable at $0.12 for two years [2]. - The warrants will expire if the closing market price of the common shares reaches $0.16 or more for 10 consecutive trading days, triggering an Accelerated Expiry Date [2]. Group 2: Use of Funds - The funds raised will be allocated for qualifying Canadian exploration expenditures on newly identified gold, copper, and zinc prospects at the South Hedley Project in southern British Columbia [3]. - The financing may be eligible for a 30% Critical Mineral Exploration Tax Credit [3]. Group 3: Related Party Transactions - A director and an officer of the company acquired a total of 507,693 Flow-Through Units under the private placement, constituting a related party transaction [4]. - The company has relied on exemptions from formal valuation and minority shareholder approval requirements due to the transaction's value not exceeding 25% of the company's market capitalization [4]. Group 4: Future Plans - The company plans to close the non-flow-through units of the private placement announced earlier in early 2026 [5]. Group 5: Company Overview - Adamera Minerals Corp. focuses on exploring high-grade gold deposits in Washington State and British Columbia, holding numerous drill-ready targets in areas with past producing mines [5].