Trinity One Metals Announces Upsize of Private Placement to C$5.3 Million

Core Viewpoint - Trinity One Metals Ltd. is conducting a non-brokered private placement to raise up to C$5,300,000 through two offerings: a Concurrent Offering of up to 10,000,000 units and a LIFE Offering of up to 16,500,000 units [1][3]. Group 1: Offering Details - The Concurrent Offering will consist of units priced at C$0.20 each, with a total potential gross proceeds of C$2,000,000 [1]. - The LIFE Offering aims to raise up to C$3,300,000 through the sale of 16,500,000 units [1]. - The units from the Concurrent Offering will not be free trading and will be subject to a four-month hold period [1][6]. Group 2: Unit Composition - Each unit in the offerings will include one common share and one common share purchase warrant [2]. - Each warrant will allow the holder to purchase one common share at an exercise price of C$0.30 for a period of 36 months following the closing date [2]. Group 3: Use of Proceeds - The net proceeds from both offerings will be utilized for exploration, technical evaluation, project advancement activities, and general working capital [3]. Group 4: Regulatory and Documentation - An amended offering document will be made available to disclose the Concurrent Offering, accessible on SEDAR+ and the company's website [4]. - Finder's fees may be payable to eligible parties, potentially up to 6.0% of the aggregate gross proceeds [5].