Key Mining Corp. and Compass Digital Acquisition Corp. Announce Filing of Registration Statement on Form S-4 with the SEC

Core Viewpoint - Key Mining Corp (KMC) and Compass Digital Acquisition Corp (CDAQ) are progressing towards a business combination, with KMC's critical mineral assets positioned to benefit from increasing global demand [1][2][3]. Company Overview - KMC is an exploration stage global critical minerals and infrastructure company with assets in Chile and the United States, including the 10th largest rutile titanium dioxide deposit in the world [3][6]. - The flagship asset of KMC is the Cerro Blanco titanium project, which is a high-grade rutile deposit, along with a developing water desalination project [6]. Business Combination Details - CDAQ entered into a merger agreement with KMC and Pubco on January 6, 2026, with the business combination expected to be completed in the first half of 2026, pending shareholder approvals and SEC clearance [2][4]. - The business combination is anticipated to generate up to $20 million in gross proceeds, which will support KMC's development activities and cover transaction-related costs [4]. Strategic Positioning - KMC aims to build a leading global mining platform by acquiring and developing critical mineral assets throughout the Americas, capitalizing on the structural supply-demand gap in the market for critical minerals [3][6]. - The company is strategically positioned to leverage the accelerating global demand for critical minerals essential for modern economies [3].