Core Viewpoint - Kenadyr Metals Corp., soon to be renamed Algo Grande Copper Corp., has successfully closed the third tranche of a non-brokered private placement, raising a total of $3,824,400 for the acquisition of the Adelita Project and related expenses [1][4]. Group 1: Private Placement Details - The third tranche involved 2,314,701 subscription receipts priced at $0.375 each, generating gross proceeds of $868,012.88 [1]. - The total amount raised from the private placement, including previous tranches, is $3,824,400 [1]. - Each subscription receipt will convert into one common share upon meeting certain escrow release conditions, including the completion of the Proposed Transaction and TSXV approval [2]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated to exploration expenses, property payments for the Adelita Project, salaries, consulting fees, marketing, investor relations, and general administrative expenses [4]. - The company has received conditional approval from the TSXV for the Proposed Transaction, expected to close around December 16, 2025 [4]. Group 3: Finder's Fees and Warrants - In connection with the third tranche, Kenadyr paid cash finder's fees of $10,500 and issued 84,000 finder's warrants, each exercisable at $0.375 for two months [3]. - Additionally, 56,000 common shares will be issued to an arms-length finder as part of the finder's fee settlement [3]. Group 4: Technical Report - Kenadyr has filed an independent technical report for the Adelita Project, dated August 15, 2025, prepared by a qualified person [7][8]. - The report is available on SEDAR+ and provides insights into the project's potential [8]. Group 5: Company Overview - Kenadyr Metals Corp. is focused on advancing the Adelita Project, which is located in the Arizona-Sonora copper belt and encompasses 5,985 hectares [9][10]. - The project features a high-grade skarn discovery and potential for a porphyry system, indicating significant mineralization opportunities [10].

Kenadyr Provides Operational Update on the Adelita Copper-Gold-Silver Project and Status Update of Reactivation TransactionNovember 05, 2025 7:12 PM EST | Source: Kenadyr Metals Corp.Phase 1 Exploration Program: Drill program, detailed magnetic and geochemical surveys set to commence at Cerro Grande Skarn zone.Fully Permitted for Exploration: All social, environmental, and exploration permits received, including a 20-year mining license over the high-grade Skarn discovery zone.Transaction Stat ...