Group 1 - Argyle Resources Corp. has closed the first tranche of its offering of units at a price of C$0.20 per unit, raising aggregate gross proceeds of C$500,000 [1] - Each unit consists of one common share and one share purchase warrant, with the warrant allowing the purchase of one share at an exercise price of C$0.27 for 24 months [1] - The offering was conducted under the listed issuer financing exemption, meaning the units are not subject to resale restrictions [2] Group 2 - The company paid cash fees of $16,800 and issued 84,000 broker warrants as consideration for finder services, with each broker warrant also exercisable at $0.27 for 24 months [3] - The net proceeds from the offering will be used for legal and accounting expenses, marketing, mineral property exploration, and general working capital [4] Group 3 - Argyle Resources Corp. is a junior mineral exploration company focused on acquiring and evaluating natural resource properties in North America, owning a 100% interest in several silica projects in Québec [6] - The company has options to acquire additional properties, including a rare earth element project in Ontario and a graphite property in Nova Scotia [6] - Argyle is engaged in a research partnership with the National Institute of Scientific Research to conduct exploration programs on its silica projects [6]

Core Insights - Collective Metals Inc. announced preliminary results from its 2025 exploration program at the Rocas Uranium Project, confirming strong radioactivity at multiple historical uranium showings and identifying new radioactive anomalies [1][2][3] Exploration Program Overview - The Rocas project spans 4,002 hectares, located 75 kilometers southwest of the Key Lake Mine and Mill facilities, and approximately 72 kilometers south of the Athabasca Basin margin [2][15] - A detailed mapping and sampling program was conducted from September 30 to October 8, 2025, to validate historical uranium showings [2][3] Radioactivity Findings - Strong radioactivity was verified at multiple historical uranium showings, with several scintillometer measurements exceeding 10,000 counts per second (cps) at the surface [3][4] - New radioactive anomalies were discovered, indicating potential for uranium and Rare Earth Element (REE) mineralization [3][4] Geological Insights - Geological mapping confirmed the presence of deformed and hydrothermally altered basement lithologies along over 7.5 kilometers of exploration strike length [3][10] - A high-resolution ground gravity survey completed in 2024 highlighted potential alteration halos and high-priority exploration targets [3][10] Sampling and Analysis - A total of 16 outcrop and boulder grab samples were submitted for geochemical analysis, with notable findings including a peak radioactivity of over 33,000 cps at SMDI showing 5781 [4][6] - The prospecting confirmed several uraniferous outcrops and boulders, with readings of anomalous radioactivity recorded [4][10] Future Plans - The company plans to initiate its first drill program in 2026 to test high-priority zones along the main magnetic low/EM conductive corridor, which has not been drill-tested to date [7][8] - The Rocas Project is considered highly prospective for shallow, high-grade basement-hosted uranium mineralization, with historical grab samples showing values up to 0.498 wt.% U3O8 [8][15]

Core Viewpoint - Argyle Resources Corp. is planning to conduct an offering of a minimum of 2,500,000 units at a price of C$0.20 per unit, aiming to raise gross proceeds of at least C$500,000, with a maximum of 5,000,000 units for up to C$1,000,000 [1] Group 1: Offering Details - Each unit will consist of one common share and one share purchase warrant, with the warrant allowing the purchase of one share at C$0.27 for 24 months post-offering [1] - The offering is subject to raising a minimum of C$500,000 and is scheduled to close around October 22, 2025 [4] - The offering will be conducted under the listed issuer financing exemption, allowing for no resale restrictions in applicable Canadian provinces, excluding Québec [2] Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for legal and accounting expenses, marketing, mineral property exploration, general working capital, and other purposes as outlined in the offering document [4] Group 3: Company Overview - Argyle Resources Corp. is a junior mineral exploration company focused on acquiring and evaluating natural resource properties in North America, with a 100% interest in several silica projects in Québec [6] - The company was incorporated in 2023 and is headquartered in Calgary, Alberta [7]