Oreterra Announces $6,000,000 Private Placement to Support First-Ever Drilling of the Trek South Porphyry Copper-Gold Prospect, Golden Triangle, BC

Core Viewpoint - Oreterra Metals Corp. is planning a non-brokered private placement financing to raise up to $6,000,000 for exploration activities at the Trek South porphyry copper-gold prospect in British Columbia, with the offering scheduled to close on March 20, 2026 [1][7]. Financing Details - The financing will consist of hard-dollar units (HD Units) priced at $0.45 each and flow-through units (FT Units) priced at $0.50 each [1]. - Each HD Unit will include one common share and one common share purchase warrant (HD Warrant) exercisable at $0.60 for three years [4]. - Each FT Unit will comprise one common flow-through share and one common share purchase warrant (FT Warrant) also exercisable at $0.60 for three years [5]. Use of Proceeds - The majority of the gross proceeds from the offering will be allocated to the first drilling at the Trek South prospect, which has been identified through recent ice melt revealing significant geological anomalies [1]. - The FT Shares will be used to incur eligible resource exploration expenses qualifying as Canadian exploration expenses and flow-through critical mineral mining expenditures [6]. Insider Participation - Insiders may participate in the offering for up to 10%, exempt from certain valuation and minority shareholder approval requirements due to the fair market value of the securities issued not exceeding 25% of the company's market capitalization [3]. Regulatory and Compliance - The offering is subject to approval from the TSX Venture Exchange, and all securities issued will be subject to a hold period of four months and one day from the closing date [7].