Core Points - Nine Mile Metals Ltd. has completed the second tranche of a private placement, issuing 6,309,699 units at a price of $0.021 per unit, raising total proceeds of $132.503 million [1] - The total combined value of the original offering and debt conversion in the first tranche amounts to $388.653 million [1] - All current directors participated in the second tranche, purchasing 1,217,857 units for $25.575 million [3] Financial Details - The proceeds from the private placements will be allocated for general and administrative obligations [4] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at $0.05 for a period of 60 months [2] Company Overview - Nine Mile Metals Ltd. is focused on Critical Minerals Exploration (CME) in the Bathurst Mining Camp, New Brunswick, Canada, targeting minerals such as Copper, Silver, Lead, and Zinc [6] - The company aims to position itself for the growing demand in electric vehicle and green technologies [6] Regulatory Compliance - The technical information disclosed in the news release complies with Canadian regulatory requirements as per National Instrument 43-101 [7] - The issuance of common shares will not create a new insider or control person [5]

Core Viewpoint - RT Minerals Corp. has initiated its 2025 exploration program at the Case Batholith Property, which is largely unexplored and located approximately 85 km northeast of Cochrane, Ontario, with significant potential for lithium and cesium mineralization [1][2]. Exploration Strategy - The company will conduct a high-resolution airborne magnetic survey as part of its 2025 work program to refine exploration targets and enhance geological understanding of the property [3]. - Airborne magnetics is a cost-effective method to delineate geological domains, identify regional fault zones, and map potential pegmatite trends beneath overburden or forest cover [4]. - The data from the airborne survey will be instrumental in interpreting the subsurface structure of the Case Batholith and defining priority target areas for follow-up activities such as geological mapping, sampling, and potential drilling campaigns [6][4]. Mineral Potential - By integrating magnetic data with existing regional geological models, RT Minerals aims to advance its understanding of the Case Batholith's mineral potential and focus exploration efforts on zones most prospective for critical mineral discovery [5][7]. - The exploration activities are designed to delineate prospective zones for lithium and cesium mineralization, aligning with the company's strategic focus on critical minerals exploration in Canada [7]. Company Overview - RT Minerals Corp. is a junior exploration company listed on the TSX Venture Exchange under the symbol "RTM" and holds a 100% interest in a portfolio of 12 rare earth element, gold, and base metal properties in Ontario, Canada [8].