Core Viewpoint - Equity Metals Corporation is initiating a non-brokered flow-through private placement to raise $4.6 million for exploration and resource expansion projects, specifically at the Silver Queen Au-Ag-Zn vein project and the Arlington property [1][2]. Group 1: Offering Details - The company plans to issue 20,000,000 Charity/Premium flow-through units at a price of $0.23 each, which will consist of one flow-through common share and one-half of a non-flow-through share purchase warrant [1]. - Each whole warrant allows the holder to purchase one non-flow-through common share at $0.40 for a period of three years [1]. - The proceeds from the sale will be allocated to continued exploration and resource expansion at the Silver Queen project and surface work on the Arlington property [2]. Group 2: Regulatory and Compliance Information - The company may pay finders' fees in cash and non-transferable warrants, subject to TSX Venture Exchange policies [3]. - All securities issued will be subject to a hold period of four months and one day from the issuance date, and the offering is contingent upon receiving necessary regulatory approvals [3]. Group 3: Silver Queen Project Updates - The drilling component of the Summer '25 drill program at the Silver Queen project has been completed, successfully extending the No 3 Vein by 650 meters laterally to the northwest from the 2022 Mineral Resource model [4]. - A total of 21 core holes were drilled, amounting to 8,059 meters, with an additional 87 drill holes totaling 34,494 meters drilled since the 2022 Mineral Resource [4]. - An updated exploration and resource model is anticipated, with a Mineral Resource update expected in early Q1 2026 [4]. Group 4: Project Background - The Silver Queen Project is a significant gold-silver property with over 100 years of exploration history, featuring established mining infrastructure [6]. - The property consists of 45 mineral claims and covers an area of 18,852 hectares, with mineralization hosted by a series of epithermal veins [7][8]. - The company holds a 100% interest in the Silver Queen project, which is strategically located in British Columbia [9].