Casa Minerals Closes First Tranche of Private Placement

Casa Minerals Inc., a Vancouver-based company listed on the TSXV, has successfully closed the first tranche of its non-brokered private placement, raising a total of $1,500,000 through the sale of 15,000,000 flow-through units (FT Units) at a price of $0.10 each. Each FT Unit consists of one common share and one-half of a common share purchase warrant (Warrant).

The 7,500,000 Warrants issued as part of this private placement will be exercisable at a price of $0.15 per share until September 28, 2028. The net proceeds from the Offering will be used for exploration and development activities on the company's projects in British Columbia, Canada. All Flow-through Shares and Warrants are subject to a 4-month and one-day hold period, which begins on January 29, 2027, during which any resale or transfer will be restricted in accordance with applicable securities laws.

Casa Minerals Inc. also paid $4,350 in finders' fees, which were paid in cash, and issued 6,000 non-transferable finder's warrants. Each of these finder's warrants entitles the holder to purchase one common share at an exercise price of $0.15 per share for a period of two years from the date of issuance. The CEO, Farshad Shirvani, subscribed for 5,000,000 flow-through units, making this a related party transaction subject to TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101. CASA Minerals Inc. is relying on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(a) of Multilateral Instrument 61-101 on the basis that participation in the private placement by insiders will not exceed 25% of the fair market value of Casa Minerals Inc.'s market capitalization.

The completion of the private placement remains subject to approval of the TSX Venture Exchange. Following the closing of the first tranche, the Offering remains open, and the company may close additional tranches, subject to receipt of all necessary regulatory and TSXV approvals. None of the securities issued in the Offering will be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), and none of them may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act.