American Pacific Announces Upsize of Fully Subscribed Non-Brokered LIFE Financing to $9.75 Million

Core Viewpoint - American Pacific Mining Corp has successfully increased its non-brokered private placement from 34,090,909 units at $0.22 per unit for gross proceeds of $7,500,000 to 44,318,182 units for gross proceeds of $9,750,000 due to strong investor demand [1][2] Group 1: Offering Details - The private placement is fully subscribed and the order book is closed [1] - The net proceeds from the Offering will be used for exploration and development of the Madison Copper-Gold Project, other mineral exploration projects, and general corporate purposes [2] - The Offering is conducted under the listed issuer financing exemption, meaning the securities issued will not be subject to a hold period under Canadian securities laws [3] Group 2: Company Strategy and Future Plans - The CEO emphasized the market's confidence in the company's strategy to advance the Madison Copper-Gold Project while providing exposure to a significant equity portfolio of copper, gold, and silver companies in the western US [2] - Following the financing, the company plans to undertake a robust drill program to delineate a first mineral resource estimate at Madison and test both skarn and porphyry targets [2] Group 3: Company Background - American Pacific Mining Corp is focused on precious and base metals exploration in the Western United States, with its flagship asset being the 100%-owned Madison Copper-Gold Project in Montana [5] - The company has established a major equity position in the Palmer Copper-Zinc VMS Project in Alaska and holds several high-grade precious metals projects in Nevada [5]