(via TheNewswire)
Vancouver, British Columbia – July 28, 2026 – TheNewswire - Adamera Minerals Corp. (TSX-V: ADZ; OTC: DDNFF) ("Adamera" or the "Company") announces today it has closed the second and final tranche of the flow-through private placement as announced on June 15, 2026.
In the second tranche, the Company raised $319,900.05 from the sale of 2,132,667 Flow-Through Units (“FT Units”) at $0.15 per FT Unit. Total funds raised from first and second tranches is $632,400.05 from sale of 4,216,000 shares. Each FT Unit consists of one common share and one-half common share purchase warrant. Each full warrant is exercisable at a price of $0.40 for a period of two years from the date of issuance to purchase a non-flow-through share. If the closing market price of the Company's common shares on the TSX Venture Exchange (the “Exchange”) is $0.40 or more over a period of 10 consecutive trading days at any time after the date that is four months and one day after the respective closing, the warrants will expire on the 30th day (the "Accelerated Expiry Date") after the 10 consecutive trading days at or above $0.40 unless exercised by the holder on or before the Accelerated Expiry Date (the “Accelerated Provision”).
All securities associated with the second tranche are subject to a four-month hold expiring on November 29, 2026. The second tranche financing is subject to a cash finder’s fee of $1,995.
Flow-through funds will be used for qualifying Canadian exploration expenditures on the Company’s newly identified gold, copper and zinc prospects on the South Hedley Project in southern British Columbia and may be eligible for the 30% Critical Mineral Exploration Tax Credit.
In addition, the Company announces that it is planning to raise $360,000 for working capital at price of $0.10 per unit. Each unit will consist of one common share and one warrant. Each warrant is exercisable at a price of $0.15 for a period of three years from the date of issuance. If the closing market price of the Company's common shares on the Exchange is $0.20 or more over a period of 10 consecutive trading days at any time after the date that is four months and one day after the respective closing, the warrants will expire on the 30th day (the "Accelerated Expiry Date") after the 10 consecutive trading days at or above $0.20 unless exercised by the holder on or before the Accelerated Expiry Date (the “Accelerated Provision”).
Adamera Minerals Corp. is focused on exploring for high-grade gold deposits in Washington State and British Columbia. The Company holds numerous drill ready gold silver and copper targets in areas with past producing mines.
On behalf of the Board of Directors, Mark Kolebaba President & CEO
For additional information please contact:
Email: info@Adamera.com Website: www.Adamera.com Phone: (604) 689-2010
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