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CALGARY, Alberta, November 7, 2025 (GLOBE NEWSWIRE) — Integral Metals Corp. (CSE: INTG | FSE: ZK9) (“Company” or “Integral“) is pleased to announce that it has closed its previously announced (i) private placement of units (“Units“) at a price of $0.80 per unit for aggregate gross proceeds of $2,528,000.00 (“Unit offer“) and (ii) private placement of FT units (“F.T. Units“) at a price of $0.95 per FT Unit for aggregate gross proceeds of $1,498,749.45 (“F.T. Unit offer“).
Each unit consists of one common share of the Company (each “Share“) and one warrant to purchase Shares (“Order“), each warrant entitles the holder to purchase one Share (each – “Share warrant“) at a price of $0.95 for a term of 24 months. Each FT Unit consists of one pass-through common share of the Company (each – “FT Share” and one (non-passable) warrant of the Company, each warrant entitles the holder to purchase one share of the warrant at a price of $1.00 for a period of 24 months from the date of issue.
The Company intends to use the net proceeds received from the Offering to fund exploration activities, as well as for working capital and general corporate purposes, including investor relations activities, while the gross proceeds from the sale of FT Shares are intended to be used for “exploration expenses in Canada” as defined in Income Tax Law (Canada).
In connection with the offering of the units, a finder's fee of $31,680 in cash and 39,600 brokerage warrants was paid to persons entitled to find the shares, with each brokerage warrant entitling the holder to purchase one share of the warrant at a price of $1 for a period of 24 months from the date of issuance. All securities issued under the Unit Offering and the FT Unit Offering are subject to a hold period of four months and one day.
The securities issued pursuant to the Unit Offering and the FT Unit Offering have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold within the United States or for the account or benefit of U.S. persons absent U.S. registration or an applicable exemption from U.S. registration requirements. This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor is there any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.
On On behalf of from That Board Directors
Paul Sparks
Chief Executive Officer 825-414-3163
[email protected]
ABOUT INTEGRAL METALS CORP.
Integral is an exploration-stage company engaged in the exploration of critical minerals, including gallium, germanium and rare earth elements, with the goal of contributing to the development of the domestic supply chain for these minerals. Integral owns properties in mining-friendly jurisdictions in Canada and the United States, including the Northwest Territories, Manitoba and Montana, where it has received regulatory support for its exploration activities.
Visionary Information
Some statements contained in this press release make up forward-looking information. These statements relate to future events or future results. Use of any words “may”, “intends”, “expects”, “believes”, “will”, “projects”, “estimates” and similar expressions and statements. relating To matters What are No historical facts are intended To identify forward-looking information and are based on the Company's current beliefs or assumptions regarding the results and timing of such future events. In particular, this press release contains forward-looking information. relating To, among another things, the intended use of the proceeds therefrom.
Various assumptions or factors are typically used when drawing conclusions or making predictions. or forecasts kit outside V visionary information, including, V respect from That The forward-looking information included in this press release are assumptions regarding the Company's future plans and strategy. Although visionary information is based on on That reasonable assumptions from That The company's management cannot be confident that any forward-looking information will prove to be accurate. Visionary information includes famous And unknown risks, uncertainty And other factors that could cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include, but are not limited to, the risk of changes in the Company's plans with respect to the use of any proceeds received from the Offering; and the risk that the Company's business prospects and priorities may change, whether as a result of unexpected events, general market and economic conditions or as a result of the Company's future exploration efforts, and that any such change may result in a reallocation of the Company's resources and efforts in a manner different from the Company's current business plan or strategy. visionary information contained V this release is did How from That date of this Agreement and the Company has no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by the applicable securities. laws. Because from That risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
The Canadian Securities Exchange (CSE) has not reviewed, approved or disapproved of the contents of this press release.
