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Pacific Empire Closes Second Tranche of Private Placement and Announces Arrival of Omineca Drilling at Trident

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Pacific Empire (symbol: PEMSF) closed the second tranche of a non-brokered private placement on October 15, 2025, raising C$140,702 and bringing total gross proceeds to C$1,526,991.95. The issuance included 22,999,770 hard dollar units at C$0.035 and 18,050,000 flow-through units at C$0.04, with warrants exercisable at C$0.05–C$0.06 for two years.

Finder's fees of C$56,611.94 and 1,539,984 finder warrants were paid. Proceeds will fund exploration at the fully permitted Trident project, where Omineca Drilling began a 2025 diamond drill program of five holes totaling ~2,500 metres to test previously undrilled northern porphyry and breccia targets.

Pacific Empire (simbolo: PEMSF) ha chiuso la seconda tranche di un collocamento privato non intermediato il 15 ottobre 2025, raccogliendo C$140.702 e portando i proventi lordi totali a C$1.526.991,95. L'emissione comprendeva 22.999.770 unità hard dollar a C$0,035 e 18.050.000 unità flow-through a C$0,04, con warrant exercitabili a C$0,05–C$0,06 per due anni.

Onorari di intermediazione di C$56.611,94 e 1.539.984 warrant di collocamento sono stati pagati. I proventi finanzieranno l'esplorazione presso il progetto Trident pienamente autorizzato, dove Omineca Drilling ha avviato un programma di trivellazione diamantata 2025 di cinque fori per un totale di ~2.500 metri per testare bersagli porfirici nordici non precedentemente trivellati e bersagli di breccia.

Pacific Empire (símbolo: PEMSF) cerró la segunda tramo de un colocación privada no bróker en 15 de octubre de 2025, recaudando C$140.702 y llevando el total bruto a C$1.526.991,95. La emisión incluyó 22.999.770 unidades hard dollar a C$0,035 y 18.050.000 unidades flow-through a C$0,04, con warrants ejercitables a C$0,05–C$0,06 durante dos años.

Se pagaron honorarios de colocación de C$56.611,94 y 1.539.984 warrants de colocación. Los ingresos financiarán la exploración del proyecto Trident, plenamente autorizado, donde Omineca Drilling inició un programa de perforación con diamante 2025 de cinco hoyos que totalizan ~2.500 metros para probar objetivos de pórfidos y brechas en el norte que no habían sido talados.

Pacific Empire (심볼: PEMSF) 비중개(private) 공모의 두 번째 tranche를 2025년 10월 15일에 마감했으며 C$140,702를 모았고 총 총수익은 C$1.526.991,95에 도달했습니다. 발행은 22,999,770 하드 달러 유닛을 C$0.035에, 18,050,000 플로우-스루 유닛을 C$0.04에 발행했고, 2년 동안 행사 가능한 워런트는 C$0.05–C$0.06입니다.

중개 수수료로 C$56.611,94와 1,539,984개의 중계 워런트가 지급되었습니다. 조달금은 완전 허가를 받은 트라이던트(Trident) 프로젝트의 탐사를 지원하며, Omineca Drilling2025년 다이아몬드 드릴 프로그램으로 다섯 개의 구멍(총 약 2,500미터)을 시작해 북부의 포르피리드와 브레이션 목표를 시험합니다.

Pacific Empire (symbole : PEMSF) a clôturé la seconde tranche d’un placement privé non courtier le 15 octobre 2025, réunissant 140 702 C$ et portant le produit brut total à 1 526 991,95 C$. L’émission comprenait 22 999 770 unités hard dollar à C$0,035 et 18 050 000 unités flow-through à C$0,04, avec des warrants exerçables à C$0,05–C$0,06 pour deux ans.

Des frais de courtage de 56 611,94 C$ et 1 539 984 warrants ont été versés. Les produits serviront à financer l’exploration sur le projet Trident pleinement autorisé, où Omineca Drilling a démarré un programme de forage diamanté 2025 de cinq forages totalisant ~2 500 mètres pour tester des cibles porphyriques nord et de brèche qui n’ont pas été forées auparavant.

Pacific Empire (Symbol: PEMSF) schloss die zweite Tranche eines nicht-brokered Private Placements am 15. Oktober 2025 ab und erzielte C$140.702, wodurch die Bruttoerlöse insgesamt auf C$1.526.991,95 stiegen. Die Emission umfasste 22.999.770 Hard-Dollar-Einheiten zu C$0,035 und 18.050.000 Flow-Through-Einheiten zu C$0,04, mit Warrants, die für zwei Jahre zu C$0,05–C$0,06 ausübbar sind.

Vermittlungsgebühren von C$56.611,94 und 1.539.984 Finder Warrants wurden gezahlt. Die Erlöse dienen der Finanzierung der Exploration des vollständig genehmigten Trident-Projekts, wo Omineca Drilling ein Diamantbohrprogramm 2025 mit fünf Bohrlöchern insgesamt ca. 2.500 Metern begonnen hat, um zuvor unerschlossene nordische Porphyr- und Breccia-Ziele zu testen.

Pacific Empire (الرمز: PEMSF) أغلقت الجولة الثانية من عرض خاص غير وسيط في 15 أكتوبر 2025، حيث جُمِعَ C$140,702 وبلغ إجمالي العوائد الإجمالية C$1,526,991.95. شمل الإصدار 22,999,770 وحدة صلبة بالدولار بسعر C$0.035 و18,050,000 وحدة تدفق-عبر بسعر C$0.04، مع وجبات وورنت قابلة للتفعيل بسعر C$0.05–C$0.06 لمدة عامين.

تم دفع عمولات الموزع قدرها C$56,611.94 و1,539,984 ورنـت موزع. ستُستخدم العوائد لتمويل الاستكشاف في مشروع Trident المصرح به بالكامل، حيث بدأ Omineca Drilling برنامج الحفر الماسّي 2025 بخمسة آبار بإجمالي نحو ~2,500 متر لاختبار أهداف البورفي-ريد Nord غير المحفورة من قبل.

Pacific Empire (代码:PEMSF) 已完成非经纪私募的第二期配售,日期为2025年10月15日,募集金额为C$140,702,总毛收入为C$1,526,991.95。发行包括22,999,770份硬币单位,价格为C$0.035,以及18,050,000份分流单位,价格为C$0.04,行使权证在两年内可按C$0.05–C$0.06行使。

支付了经纪费C$56,611.94和1,539,984份经纪人认股权证。募集资金将用于资助已全面获批的Trident项目的勘探工作,其中< b>Omineca Drilling 启动了2025年钻石钻探计划,五个钻孔,总计约2,500米,以测试此前未钻探过的北部斑岩与角砾岩靶区。

Positive
  • Gross proceeds raised: C$1,526,991.95
  • 2025 drill program: 5 holes ≈2,500 metres
  • Drilling fully permitted and commenced on Oct 15, 2025
  • First-ever drilling of northern porphyry/breccia targets
Negative
  • Issued 41,049,770 units causing share dilution
  • Finder's fees paid: C$56,611.94 plus 1,539,984 warrants
  • New warrants exercisable at C$0.05–C$0.06 for two years

Vancouver, British Columbia--(Newsfile Corp. - October 15, 2025) - Pacific Empire Minerals Corp. (TSXV: PEMC) ("Pacific Empire", "PEMC" or the "Company"), a copper-gold explorer based in British Columbia, is pleased to announce the closing of the second and final tranche of its non-brokered private placement (the "Offering") and the arrival of Omineca Drilling Ltd. to commence diamond drilling at the Company's flagship Trident Copper-Gold Project in north-central British Columbia.

Second Tranche Closing

Further to news releases dated September 17 and October 7, 2025, the Company has closed the second and final tranche of its Offering for gross proceeds of C$140,702, bringing the total raised to C$1,526,991.95.

Under this final tranche, PEMC issued:

  • 22,999,770 Hard Dollar Units at C$0.035 per unit; and
  • 18,050,000 Flow-Through Units at C$0.04 per unit.

Each Hard Dollar Unit consists of one common share and one common share purchase warrant exercisable at C$0.05 for two years. Each Flow-Through Unit consists of one flow-through common share and one warrant exercisable at C$0.06 for two years.

Finder's fees for both tranches totaling C$56,611.94 in cash and 1,539,984 finder warrants were paid to eligible parties including Haywood Securities Inc., Canaccord Genuity Corp., Research Capital Corp and Raymond James Ltd. All securities are subject to a four-month hold period under applicable laws.

Proceeds will be used to fund exploration activities at Trident and for general working capital.

Drilling To Commence at Trident

PEMC is pleased to report that Omineca Drilling Ltd. has arrived at the Trident camp, with diamond drilling set to commence today. The 2025 program is fully permitted and will include five holes totaling approximately 2,500 metres, designed to test both porphyry and breccia targets that have never before been drilled despite decades of historical exploration in the area.

The targets lie along the contact between the Hogem Plutonic Suite and the Chuchi Lake volcanic succession — a geological setting that hosts numerous copper-gold porphyry deposits across British Columbia.

Brad Peters, President & CEO of Pacific Empire, commented: "With Omineca Drilling on site and the final tranche now closed, we are thrilled to begin the first-ever diamond drill program on the current target area at Trident. This is a pivotal moment for Pacific Empire and our shareholders — the culmination of years of systematic work and the start of what we believe could be a transformational discovery program."

Cannot view this image? Visit: https://images.newsfilecorp.com/files/5412/270500_07eeb9427443c99c_001.jpg

Figure 1 - Map showing Pacific Empire's fully permitted work area at Trident, including historical drill collars and the five planned 2025 drill holes. Nearly 80 historical holes have been completed south of the creek, yet the newly permitted northern area — long considered the most prospective ground — has never been drilled. With access, camp, and trails now established, Pacific Empire is positioned to be the first company to test these high-priority porphyry and breccia targets.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5412/270500_07eeb9427443c99c_001full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/5412/270500_07eeb9427443c99c_002.jpg

Figure 2 - Compilation map of the Trident property showing multiple independent datasets converging on a major discovery opportunity. A large porphyry target is outlined by copper and gold soil anomalies, resistivity and chargeability features, and favorable intrusive-volcanic contacts. Flanking this centre, conductivity highs define undrilled breccia targets supported by strong copper geochemistry. Together, the data outline a system-scale copper-gold target that has never been tested.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5412/270500_07eeb9427443c99c_002full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/5412/270500_07eeb9427443c99c_003.jpg

Figure 3 - A highly anomalous copper-in-soil anomaly defines the primary porphyry target at Trident. On a moderate slope, the source of the anomaly is most likely located near its upper extent — precisely where drilling is planned. This anomaly, combined with supporting geophysics and geology, makes Trident one of the most exciting undrilled porphyry copper-gold targets in British Columbia.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5412/270500_07eeb9427443c99c_003full.jpg

Unlocking Untested Ground

Although nearly 80 drill holes have been completed at Trident since the 1970s, none have tested the northern porphyry and breccia targets. Historically, access to this area was prevented by the need to cross a creek, which required significant planning and permitting. With PEMC's recently granted Multi-Year Area-Based Exploration Permit, the Company is now positioned to drill this area for the very first time. This makes the 2025 program a true milestone in the project's history — opening ground that has long been considered the most prospective but remained completely untested.

Strategic Importance

The Trident drill program comes at a time when global copper demand is accelerating due to electrification, grid expansion, and electric vehicle adoption. At the same time, new large-scale copper discoveries have become increasingly rare, underscoring the importance of exploring in proven, mining-friendly jurisdictions such as British Columbia. With gold also consistently present as a by-product credit in the system, Trident has the potential to deliver the combination of size, grade, and precious metals that makes porphyry copper-gold deposits particularly attractive.

Pacific Empire believes the 2025 drill program represents a critical opportunity in the Trident property's 50-year history of exploration. The combination of historical mineralization at the A Zone, overlapping geophysical and geochemical anomalies at the porphyry target, and newly permitted access to never-before-drilled breccia targets creates a unique discovery opportunity. With drilling scheduled to begin in September 2025, PEMC is well positioned to advance Trident toward what could be a significant gold-enriched copper porphyry discovery.

Other Matters

The latest President's Newsletter, along with updated maps and Corporate Presentation, are now available at www.pemcorp.ca.

About Trident

The Trident property is an early exploration stage property hosting an alkalic porphyry copper-gold-silver prospect with district-scale potential that is accessible by vehicle. The property is located approximately 50 km southeast of the Kwanika deposit owned by NorthWest Copper Corp. and 50 km to the northwest of Centerra Gold's Mt. Milligan Mine. The property covers 6,618 hectares endowed with well-established logging roads providing important efficient access to conduct exploration programs.

In 2022, Pacific Empire acquired a 100% interest in the property in exchange for granting the vendors a 2% net smelter return royalty ("NSR"). One-half (1%) of the 2% NSR which may be purchased for $500,000 by Pacific Empire.

About Pinnacle

The Pinnacle project is located 60 km west of Centerra Gold's Mt. Milligan Copper-Gold Mine and 30 km southeast of NorthWest Copper's Kwanika Copper-Gold Deposit in a proven copper-gold porphyry district. Access to the Pinnacle is by road including a new and expanding network of logging roads and trails throughout the main target areas. This improved access is a significant development and is anticipated to contribute to cost effective drill support and provides additional bedrock exposure.

Qualified Person's Statement

Kristian Whitehead, P.Geo., serves as a qualified person as defined by NI 43-101 and has reviewed the scientific and technical information in this news release, approving the disclosure herein.

About Pacific Empire

Pacific Empire is a copper exploration company based in Vancouver, British Columbia and trades on the TSX Venture Exchange under the symbol PEMC. The Company has a district-scale land position in north-central British Columbia totaling 22,541 hectares.

British Columbia is a "Green" copper jurisdiction with abundant hydroelectric power, access and infrastructure in close proximity to the end market.

ON BEHALF OF THE BOARD,

"Brad Peters"

President, Chief Executive Officer and Director

Pacific Empire Minerals Corp. 
Tel: +1-604-356-6246
brad@pemcorp.ca

www.pemcorp.ca

Neither the 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.

Forward-Looking Statements

Information set forth in this news release may involve forward-looking statements under applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. All statements, other than statements of historical fact, are forward-looking statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: the need for additional financing; operational risks associated with mineral exploration; fluctuations in commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; the potential for conflicts of interest among certain officers, directors or promoters with certain other projects; the absence of dividends; competition; dilution; the volatility of our common share price and volume and the additional risks identified the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made, and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270500

FAQ

What financing did PEMSF announce on October 15, 2025?

Closed second tranche raising C$140,702, total gross proceeds C$1,526,991.95.

How many drill metres will PEMSF complete at Trident in 2025?

A fully permitted diamond program of five holes totaling ≈2,500 metres.

When did drilling start at PEMSF's Trident project?

Omineca Drilling arrived and drilling commenced on October 15, 2025.

What units and warrants were issued in PEMSF's private placement?

Issued 22,999,770 hard dollar units (warrants @C$0.05) and 18,050,000 flow-through units (warrants @C$0.06).

How will PEMSF use the proceeds from the private placement?

Proceeds will fund exploration activities at Trident and general working capital.

What shareholder dilution or costs resulted from the financing?

Total units issued 41,049,770, plus 1,539,984 finder warrants and cash fees of C$56,611.94.
Pacific Empire Minerals

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