NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
CALGARY, Alberta, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Integral Metals Corp. (CSE: INTG | FSE: ZK9) (the “Company& or “Integral&) is pleased to announce that it has closed its previously announced (see news release dated August 13, 2025) non-brokered private placement offering (the “Private Placement&) of units of the Company (“Units&), at a price of C$0.51 per Unit, for aggregate gross proceeds of C$2,000,000.
Each Unit is comprised of one common share of the Company (each, a “Share&) and one Share purchase warrant (“Warrant&), with each Warrant entitling the holder to acquire one Share (each, a “Warrant Share&) at a price of C$0.65 for a period of 24 months.
The Company intends to use the net proceeds raised from the Private Placement to fund exploration activities on the Company&s mineral projects, and for working capital and general corporate purposes. All securities issued under the Private Placement are subject to a four-month and one-day hold period.
The securities issued pursuant to the Private Placement have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.
OnBehalfoftheBoardDirectors
Paul Sparkes
Chief Executive Officer
825-414-3163
info@integralmetals.com
ABOUTINTEGRALMETALSCORP.
Integral is an exploration stage company, engaged in the business of mineral exploration for critical minerals, including gallium, germanium, and rare earth elements, with the goal of contributing to the development of a domestic supply chain for these minerals. Integral holds properties in mining-friendly jurisdictions in Canada and the United States of America, including the Northwest Territories, Manitoba and Montana, where it has received regulatory support for its exploration efforts.
Forward-LookingInformation
Certain statementscontained in this pressreleaseconstituteforward-looking information.These statements relate to future events or future performance. The use of any of the words “could&, “intend&, “expect&, “believe&, “will&, “projected&, “estimated& and similar expressions and statementsrelatingtomattersthatarenothistoricalfactsareintendedtoidentifyforward-looking information and are based on the Company&s current beliefs or assumptions as to the outcome and timing of such future events. In particular, this press release contains forward-looking informationrelatingto,amongotherthings,the proposed use of proceeds from the Private Placement.
Various assumptions or factors are typically applied in drawing conclusions or making the forecastsorprojectionssetoutinforward-lookinginformation,including,inrespectoftheforward- looking information included in this press release, assumptions regarding the future plans and strategies of the Company.
Althoughforward-lookinginformationisbasedonthereasonableassumptionsoftheCompany&s management, there can be no assurance that any forward-looking information will prove to be accurate.Forward-lookinginformationinvolvesknownandunknownrisks,uncertaintiesandother factors which may cause the 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, among other things, that the Company&s plans with respect to the use of any proceeds received from the Private Placement may change; 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 re-deployment of the Company&s resources and efforts in a manner divergent from the Company&s current business plan or strategy.Theforward-lookinginformationcontainedinthisreleaseismadeasofthedatehereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securitieslaws. Becauseoftherisks, uncertainties andassumptions 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 the contents of this press release.
