Vancouver, British Columbia--(Newsfile Corp. - December 15, 2025) - Hannan Metals Limited (TSXV: HAN) (OTC Pink: HANNF) ("Hannan" or the "Company") announces that the Company has closed the second and final tranche (the "Second Tranche") of its previously announced non-brokered private placement offering under the Listed Issuer Financing Exemption (the "Offering"). Pursuant to the closing of the Second Tranche, the Company has issued 2,831,924 common shares (the "Common Shares") at a price of $0.75 per Com ...

Core Points - Royal Road Minerals Limited announced a non-brokered private placement offering of up to 27,777,778 ordinary shares at a price of C$0.18 per share, aiming for gross proceeds of up to C$5,000,000 [1] - The offering will be available to purchasers in all Canadian provinces except Quebec, under the Listed Issuer Financing Exemption [1] - The net proceeds will be utilized to expand drilling programs in Colombia and Saudi Arabia, with closing expected on or before November 21, 2025 [4][6] Offering Details - The offering consists of up to 27,777,778 ordinary shares priced at C$0.18 each, targeting gross proceeds of C$5,000,000 [1] - Integrity Capital Group Inc. has been engaged as a finder, with potential fees of up to 6.0% cash commission and 6% in Brokers Warrants on total proceeds [3] - The offering is subject to regulatory approvals, including that of the TSX Venture Exchange [4] Company Strategy - The company aims to consolidate key titles and continue drilling at Guintar, where a new porphyry gold, copper, and silver system has been discovered [6] - Royal Road is preparing to drill new gold targets in Saudi Arabia, marking a significant strategic move for the company [6] - The financing is viewed as a timely opportunity to enhance the company's visibility and communication of its story [6] Company Overview - Royal Road Minerals is a mineral exploration and development company focused on discovering and developing copper and gold deposits [7] - The company operates in Saudi Arabia, Morocco, and Colombia, with a mission to minimize environmental impact while ensuring no net loss of biodiversity [7]

Core Viewpoint - Canterra Minerals Corporation has successfully closed a non-brokered private placement, raising gross proceeds of $2,004,000 through the issuance of 16,700,000 units at a price of $0.12 per unit, which will be used to fund exploration activities at its Wilding Gold project and for general working capital purposes [1][3][4]. Group 1: Private Placement Details - The private placement involved the issuance of units, each consisting of one common share and one half of a common share purchase warrant, with the warrant allowing the purchase of one share at $0.20 for 12 months [2]. - The participation of Cairn Merchant Partners LP, controlled by Canterra's Chairman, in the private placement qualifies as a related party transaction but is exempt from formal valuation and minority shareholder approval requirements [6]. Group 2: Use of Proceeds - The net proceeds from the private placement will be directed towards drilling the Wilding Gold project, which is located in the central Newfoundland Mining District, adjacent to Equinox Gold's Valentine Mine [3][4]. - The company aims to mobilize a drill rig to the Wilding Gold Project to explore multiple high-grade, drill-ready gold targets, enhancing its exploration momentum [4]. Group 3: Company Overview - Canterra Minerals is focused on critical minerals and gold exploration in central Newfoundland, with several mineral deposits near historically significant mining sites [8]. - The company's gold projects are strategically located along a structural corridor that hosts mineralization within Equinox Gold's mine project, indicating significant exploration potential [8].

Core Viewpoint - IDEX Metals Corp. has successfully closed a non-brokered private placement offering, raising approximately $5.32 million through the issuance of 8,867,099 units at a price of $0.60 per unit, which reflects strong investor demand and confidence in the company's exploration efforts in Idaho [1][2]. Group 1: Offering Details - The offering consisted of 8,867,099 units priced at $0.60 each, generating gross proceeds of about $5,320,259 [1]. - Each unit includes one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at $0.90 for 24 months [2]. - Finder's fees of $204,418.20 were paid, and 511,030 finder's warrants were issued under similar terms as the offering warrants [3]. Group 2: Use of Proceeds - The proceeds from the offering will be allocated for exploration of mineral properties in Idaho and for general working capital [4]. Group 3: Company Overview - IDEX Metals Corp. is focused on advancing a portfolio of base and precious metal projects in Idaho, particularly the Freeze Copper-Gold porphyry prospect in the Idaho Copper District [7]. - The company aims to redefine district-scale exploration in Idaho, supported by a strategic land position and proximity to major industry players [7].

Core Points - Canstar Resources Inc. has successfully received over $1 million in orders on the first day of its $2 million non-brokered private placement, indicating strong investor confidence in the company's projects and strategy [2][3] - The company has transitioned to a new corporate website and email addresses to resolve issues with its legacy domain [4][5] Financing Update - The $2 million Offering was announced on September 23, 2025, and has garnered significant interest from investors, with firm orders exceeding $1 million for the hard-dollar portion [2] - Canstar is prepared to allocate the full $2 million Offering to hard-dollar units, with flow-through allocations considered on a case-by-case basis [3] Corporate Website and Contact Information - Canstar has established a new corporate domain, www.canstarmining.com, as its official website due to technical issues with the previous domain [4] - Updated contact information for key personnel has been provided to ensure effective communication during the financing process [5] Offering Terms - The Offering aims to raise up to $2 million in gross proceeds, with all securities subject to a statutory hold period of four months and one day from the closing date [6][8] - Insiders of the company may participate in the Offering, which would be considered a related party transaction under Canadian regulations [9] Additional Offering Details - The Offering is subject to acceptance by the TSX Venture Exchange and other regulatory approvals [8] - NFT Units are priced at $0.065, consisting of one common share and one transferable warrant, while FT Units are priced at $0.085, consisting of one flow-through common share and one-half of one warrant [17]

Core Insights - Dryden Gold Corp. has successfully raised C$7.8 million to support its ongoing drilling program following significant exploration results, including a notable hit of 24 grams per tonne (g/t) [5]. Company Overview - Dryden Gold Corp. is listed on multiple exchanges, including TSXV (DRY), OTCQB (DRYGF), and FSE (X7W) [5]. - The company is focused on exploring and developing mineral resources, particularly in the Mud Lake area, where it is expanding its drilling efforts [5]. Financial Update - The recent financing of C$7.8 million will be utilized to enhance the drilling program, which aims to explore mineralization in a critical 500-meter gap between major systems [5]. Exploration Strategy - The company plans to extend its drilling operations 2 kilometers at Mud Lake, targeting hanging wall structures to identify additional mineralization [5]. - The exploration strategy is designed to increase the total ounces of mineral resources by effectively testing the identified gaps [5].

Core Viewpoint - Lion Rock Resources Inc. has announced a non-brokered private placement to raise up to $3,000,000 through the issuance of 15,000,000 units at a price of $0.20 per unit, which includes common shares and warrants [1][2]. Group 1: Offering Details - The offering consists of units priced at $0.20 each, with a total gross proceeds target of $3,000,000 [1]. - Each unit includes one common share and one non-transferable warrant, allowing the holder to purchase an additional common share at $0.30 for two years [1]. - An Acceleration Event will occur if the common shares trade at $0.40 or more for five consecutive trading days, leading to the potential early expiration of the warrants [1]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated for property payments, exploration work on the Volney Project, and general working capital [2]. Group 3: Company Overview - Lion Rock Resources Inc. is focused on high-grade gold and lithium projects in North America, with its flagship asset being the Volney Project located in South Dakota [5]. - The company is led by a team with a strong track record in mineral discoveries, project development, and financing [5].