Casa Minerals Inc. Announces Non-Brokered Private Placement Raising $800,000

Rhea-AI Summary

Casa Minerals (OTCQB: CASXF) announced a non-brokered private placement to raise aggregate gross proceeds of $800,000.

The Company may issue up to 6,400,000 units at $0.125 per unit, each unit comprising one common share and one two-year warrant. Warrants exercise at $0.15 for the first three months, then $0.20 thereafter. A 6% Finder's Fee (cash or shares) is payable to eligible finders.

Net proceeds will be used for general and administrative expenses and property investigations in Arizona and British Columbia. Securities will be subject to a four-month-and-one-day statutory hold and TSX Venture final acceptance.

Positive

• $800,000 gross proceeds targeted from the offering
• Up to 6,400,000 units available at $0.125 per unit
• Proceeds earmarked for G&A and property investigations

Negative

• Potential share dilution from up to 6,400,000 new shares
• Warrants add future dilution with strike progression to $0.20
• 6% Finder's Fee paid in cash or shares reduces net proceeds
• Close is conditional on TSXV final acceptance

News Market Reaction – CASXF

-20.36%

1 alert

-20.36% News Effect

On the day this news was published, CASXF declined 20.36%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Vancouver, British Columbia--(Newsfile Corp. - January 14, 2026) - Casa Minerals Inc. (TSXV: CASA) (OTCQB: CASXF) (FSE: 0CM) (the "Company" or "Casa") is pleased to announce a non-brokered private placement financing (the "Offering") for aggregate gross proceeds of $800,000.

Under the terms of the Offering, the Company may issue up to 6,400,000 units (each, a "Unit") at a price of $0.125 per Unit. Each Unit consists of one common share of the Company (a "Share") and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to acquire one additional Share for a period of two years from the date of issuance. The warrant exercise strike price is $0.15/share in the first three months and automatically converts to $0.20 per share then after for the remainder of the two years period.

A Finder's Fee of 6% in cash or Shares is payable to eligible finders on all or a portion of the Offering in accordance with TSX Venture Exchange policies.

The net proceeds from the Offering will be used primarily for general and administrative expenses and for property investigations on the Company's projects in Arizona and British Columbia.

The securities issued pursuant to the Offering will be subject to a statutory hold period of four (4) months and one day from the date of closing in accordance with applicable securities laws. The Offering is subject to receipt of all necessary approvals, including final acceptance by the TSX Venture Exchange.

About Casa Minerals Inc.

Casa Minerals Inc. is a company engaged in gold exploration in two prominent regions: Arizona and British Columbia, Canada. The company is involved in gold exploration on the Congress Gold Mine, a past producing mine located in Arizona. The company is also active in copper-gold exploration in British Columbia, Canada. Casa Minerals' management team has a track record of numerous discoveries in the exploration sector. The Company is committed to creating shareholder value through the discovery and development of economic mineral deposits.

About Casa Minerals Inc.

Casa Minerals Inc. is a company engaged in gold, and copper exploration in two prominent regions: Arizona and British Columbia, Canada. The company is involved in gold exploration on the Congress Gold Mine, a past-producing mine located in Arizona. The company is also active in copper-gold exploration in British Columbia, Canada. Casa Minerals' management team has a track record of numerous discoveries in the exploration sector. The Company is committed to creating shareholder value through the discovery and development of economic mineral deposits.

For more information, please visit the company's website at https://www.casaminerals.com/.

On Behalf of the Board of Directors

Farshad Shirvani, M.Sc. Geology

President, CEO and Director

For more information, please contact:
Casa Minerals Inc.

Farshad Shirvani, President & CEO

Phone: (604) 678-9587

Email: farshad@casaminerals.com

https://www.casaminerals.com

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280377

FAQ

How much is Casa Minerals (CASXF) raising in the January 14, 2026 private placement?

Casa Minerals is raising aggregate gross proceeds of $800,000 through the offering.

What is the unit price and composition in Casa Minerals' (CASXF) offering?

Each unit is priced at $0.125 and includes one common share plus one two-year warrant.

What are the warrant terms in Casa Minerals' (CASXF) private placement?

Each warrant converts to one share; exercise price is $0.15 for the first three months, then $0.20 for the remainder of two years.

How will Casa Minerals (CASXF) use the net proceeds from the offering?

Net proceeds will be used primarily for general and administrative expenses and property investigations in Arizona and British Columbia.

Is there a finder's fee for Casa Minerals' (CASXF) private placement and how large is it?

A 6% Finder's Fee in cash or shares is payable to eligible finders under TSXV policies.

When can the securities from Casa Minerals' (CASXF) offering be freely traded?

Securities will be subject to a statutory hold period of four months and one day from closing.