Lexston Mining Corporation Closed the Private Placement

Core Viewpoint - Lexston Mining Corporation has successfully closed a non-brokered private placement, raising $500,000 through the issuance of 6,250,000 units at a price of $0.08 per unit, with each unit consisting of one common share and one common share purchase warrant [1] Group 1: Financial Details - The private placement raised gross proceeds of $500,000 [1] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at a price of $0.10 for five years [1] - The proceeds from the private placement will be used for exploration expenditures and general working capital [2] Group 2: Regulatory and Compliance Information - All securities issued in the private placement are subject to a four-month statutory hold period until May 21, 2026 [3] - No finder's fees were paid in relation to the private placement [2] Group 3: Company Overview - Lexston Mining Corporation is a Canadian mineral exploration company focused on acquiring and developing mineral projects to enhance value for stakeholders [4] - The company has mineral exploration projects located in British Columbia and Nevada [4]